News

Dubai’s Finance Strategy For 2026 Hopes To Achieve Financial Sustainability

Dubai’s Department of Finance has unveiled a strategic plan for 2026 that looks to achieve objectives laid out in the Dubai Strategy 2030.

Published

3 years ago

August 3, 2022

Nour Nasir

dubai's finance strategy for 2026 hopes to achieve financial sustainability

Dubai’s Department of Finance recently announced its official “Finance Strategy for 2026”, which ties in with the Dubai Strategy 2030 project, an ambitious plan to elevate Dubai as a global platform for knowledge-based, sustainable, and innovation-focused businesses.

The director of the Department of Finance’s Strategy & Corporate Performance Division, Jasim Mohamad Al Zarooni, noted that the plan is based on the vision of “Global leadership and innovative financial sustainability”, centered around six ambitious objectives that were originally laid out in the Smart Dubai 2021 roadmap, with a plan to achieve financial sustainability and a fair and efficient distribution of resources within the emirate.

Here are the six strategic objectives in brief:

A Smart, Liveable & Resilient City

With improved connectedness, simplified and sustainable living, plus all of the critical infrastructure to boost efficiency and promote resilience.

A Globally Competitive Economy Powered By Disruptive Technologies

Pioneering new rules of economic development and engagement to transition to a circular economy that shares assets and resources, whilst building an inspired and highly productive workforce.

An Interconnected Society With Easily Accessible Social Services

Improve quality of life for both residents and visitors by embracing technology to streamline the emirate’s social, cultural, education, and healthcare experiences.

Smooth Transport, Driven By Autonomous & Shared Mobility Solutions

Pioneer smart innovative mobility solutions and automation for a seamless and safe transportation experience in the emirate and reduce commuting time.

A Clean Environment Enabled By Cutting-Edge ICT Innovations

Ensure the sustainability and quality of the emirate’s resources (water, air, energy, and land) for residents and visitors and digitally transform utilities, manufacturing, transportation, and waste treatment.

A Digital, Lean, And Connected Government

Eliminate the need to physically interact with government departments by providing 100% of eligible public services through digital channels and targeting full digital adoption.

The government aims to turn Dubai into the preferred manufacturing platform for global businesses, promoting energy-efficient and environmentally friendly manufacturing while fostering a culture of knowledge and innovation that could turn the emirate into a central hub for the global Islamic products market.

News

Yabi Introduces AI Financial Coach For Smarter Money Moves

The app provides real-time, personalized financial guidance, helping UAE residents manage money smarter, reduce debt, and build wealth effortlessly.

Published

16 hours ago

February 22, 2025

Nour Nasir

Yabi

Imagine having 24/7 access to an expert financial advisor — someone who understands your spending habits, helps you save more effectively, and offers guidance for every financial decision. That’s the vision behind Yabi’s revamped platform, an AI-driven finance app designed to transform personal finance management in the UAE.

Unlike traditional budgeting tools, Yabi acts as an always-available AI advisor, analyzing your unique spending patterns and offering real-time, tailored financial advice. Whether you’re making everyday purchases, planning a big trip, or saving for a major milestone, Yabi keeps you on track and helps you make informed financial choices.

Rakhil Fernando, CEO of Yabi, explains the mission behind the platform: “Financial literacy is not optional — it’s essential. But most financial tools today feel outdated and overly complex. Yabi is here to change that by offering AI-powered financial coaching that’s smart, simple, and accessible to everyone in the UAE”.

Here are some of the updated app’s new features:

AI-Powered Financial Coach: A 24/7 digital advisor providing real-time financial guidance based on your spending habits and available in multiple languages.
Live Insights: Connect your bank accounts for a detailed breakdown of your expenses.
Tailored Budgeting: Yabi creates a budget that fits with your actual spending habits rather than generic financial advice.
Interactive Financial Education: Learn the essentials of saving, investing, and credit management through engaging content integrated into the AI experience.
Automated Expense Tracking: Receive instant alerts on overspending, identify hidden charges, and cut unnecessary subscriptions with ease.
Credit Score & Financial Health Monitoring: Get free credit score checks and AI-driven recommendations to enhance your financial standing.

Also Read: A Guide To Digital Payment Methods In The Middle East

Finally, Yabi is also gearing up to introduce its own debit card and a suite of financial products, making it easier to save, spend, and invest within a single platform.

Want to try Yabi for yourself? You can download the app on the Apple App Store and Google Play Store.