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G42 Teams With Microsoft To Boost UAE Cloud Infrastructure
The collaboration will also focus on AI solutions for the health, life science, energy, and sustainability sectors.
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Abu Dhabi-based AI and cloud computing company G42 and US tech powerhouse Microsoft have announced the next phase of their strategic partnership to overhaul and expand cloud and technology infrastructure across the United Arab Emirates.
G42 will deliver advanced AI solutions, while Microsoft will help to expand existing data center infrastructure and Azure cloud services in the Emirates, according to an announcement made on Monday.
“This strategic collaboration with Microsoft is not just about technology […] it’s about creating a holistic ecosystem for societal resilience and growth,” explained Peng Xiao, group chief executive of G42.
“By combining our respective expertise and shared forward-thinking approach, we aim to not only transform industries but also create positive economic opportunities and lasting impacts on the well-being of individuals, communities, and society as a whole,” Mr Xiao continued.
The two companies will also focus on bringing AI solutions to various sectors, including health, life sciences, energy, sustainability, and other projects of national significance, such as the Cop28 climate summit to be held in Dubai later this year.
According to a study released last October, Microsoft expects its portfolio of cloud services to add over $39 billion to the UAE economy over the next four years, along with the creation of 100,000 jobs.
Also Read: Saudi Arabia’s Gaming Sector Is Quickly Gathering Momentum
The UAE’s digital economy is expected to grow from $38 to $140 billion by 2031. Meanwhile, in July, Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, announced a new cloud technology project in a bid to boost the Emirate’s tech infrastructure and accelerate digital transformation.
The UAE also recently approved the formation of a Higher Committee for Government Digital Transformation as the country races to develop a strong and tech-first digital economy.
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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