News
eVTOL X2 Flying Car Debuted At GITEX GLOBAL 2022
Electric flying cars have been tried before, but the 90 minute eVTOL X2 test flight conducted by the Dubai International Chamber proves that the concept can work.
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GITEX Global 2022 has been the scene of the first viable flight of an electric car. The eVTOL (electronic Vertical Takeoff and Landing) X2, created by Chinese EV company Xpeng, launched from Skydive Dubai on a successful 90-minute test flight, under the watchful eyes of the Dubai International Chamber.
The eVTOL X2 flying car is impressive not just for its aeronautical capabilities, but also because it produces zero carbon dioxide emissions. The vehicle is designed for cruising at 130 km per hour at low altitudes, with a typical flight time of 35 minutes, and skid-style landing gear that’s perfect for touching down on the rooftops of high buildings — perfect for escaping those annoying traffic queues!
The Emirates News Agency noted that the International Chamber had made great efforts to attract leading international companies to Dubai. The country is now a leader in future technology and innovation and a hub for multinational companies looking to launch high-tech products to global markets.
Also Read: Wisk Aero Unveils Four-Seat Autonomous Air Taxi
The test flight event was further supported by the Dubai Civil Aviation Authority, Dubai’s Department of Economy and Tourism, and the Dubai World Trade Center Authority.
As for the car itself, the futuristic two-seater eVTOL X2 is noteworthy for its intelligent flight control system and ability to fly autonomously. The vehicle is the latest generation of tech developed by XPENG AEROHT. It features 8 propellers with an electric motor powering each one, as well as a carbon fiber shell which helps to keep weight to an impressive 360kg.
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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