News
Dubai’s Sheikh Hamdan Launches New Digital Cloud Project
Digital Dubai, Moro Hub, and Microsoft have signed agreements to carry out the digital transformation project.
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On Monday, July 10th, Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, announced the launch of a new cloud technology project to boost the Emirate’s tech infrastructure and accelerate digital transformation.
Today, we launched the Dubai Digital Cloud project, the latest in a series of initiatives aimed at reinforcing Dubai’s status as a digital economy capital and further strengthening its digital infrastructure. I also attended the signing of partnership agreements between Digital… pic.twitter.com/y0lQ940tbS
— Hamdan bin Mohammed (@HamdanMohammed) July 10, 2023
Known as Dubai Digital Cloud, the project is the latest in a series of initiatives aimed at establishing a “world-leading, efficient, agile and reliable digital infrastructure” in the Emirate, according to a press release from the government’s Media Office.
Last month, the Crown Prince also launched Dubai’s Digital Strategy, which aims to usher in a new era of digital transformation. The move comes after last year’s announcement of a Higher Committee for Government Digital Transformation, showing a continued commitment by Dubai’s government towards creating a tech-centric, future-facing economy.
As for the Dubai Digital Cloud, the project will combine various digital entities to provide high levels of operational efficiency while offering the best solutions from private to public clouds, the Dubai Media office statement explained.
“The Dubai Digital Cloud is a practical application of our leadership’s vision to promote connectivity, integration, and a comprehensive digital government that ensures agility, speed, security, and competitiveness, allowing government entities to provide integrated, proactive, round-the-clock services”, said Hamad Al Mansoori, director general of Digital Dubai.
Also Read: Best Web Hosting Providers In The Middle East
The adoption of cloud-based technology in the UAE and other Gulf countries is growing due to the rise of a young, technology-focused population and a dramatic increase in tech businesses relocating to the region.
Microsoft expects its cloud services to add around $40 billion and up to 100,000 jobs to the UAE’s economy before 2030, with around 17% of those figures coming from cloud data centers in Abu Dhabi and Dubai.
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.
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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.
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