News

GITEX GLOBAL 2024 Hosts MENA’s Largest Data Center Forum

The conference highlighted innovations in AI-driven infrastructure, job creation, and sustainable practices.

Published

4 months ago

October 18, 2024

gitex global 2024 hosts mena's largest data center forum

GITEX GLOBAL 2024, recognized as the world’s premier tech and startup gathering, hosted the largest data center event in the Middle East on Thursday at the Dubai World Trade Centre (DWTC). The event showcased the region’s ambition to solidify its leadership in the rapidly growing global data center industry.

The conference spotlighted the significant role of artificial intelligence (AI) in transforming data infrastructure. Leading enterprises offered attendees a glimpse into cutting-edge innovations, setting the stage for the future of hyperscale, modular, and edge data centers.

The “Data Centres Universe” segment of the event focused on how growth is being achieved within the sector. Key players such as Khazna, Legrand, Vertiv, Alibaba Cloud, AWS, DELL, Google Cloud, IBM, and Lenovo gathered to share insights on the industry’s trajectory. They explored strategies for accelerating growth and highlighted the role of expanding data centers in fostering AI-powered innovation.

During a panel discussion, Hassan Al Naqbi, CEO of Khazna Data Centers, emphasized that the development of data centers not only fuels market growth but also drives talent development and job creation. Al Naqbi dispelled the misconception that data centers are not job generators, stating: “Data centers are vital for economies and have different roles involved. If you look at all the hyperscales, their data centers are having a huge impact on the economy as people can secure jobs which are vital for the day-to-day operations”.

The conversation also shifted to the future, with industry experts stressing the importance of sustainability in their expansion as next-generation technologies and services continue to evolve.

Also Read: Dubai Police Launch New Smart Home Security System

Marc Marazzi, Vice President of Legrand Data Center Solutions, shared his thoughts on the need for thoughtful planning in the rapidly expanding sector. He stressed the importance of balancing growth with environmental responsibility, noting: “Today, [data centers] are bigger than ever before and being built faster, but we must not lose sight of the importance of how we manufacture, what we are installing, and how they are managed”.

The hugely successful GITEX GLOBAL 2024 concludes today with Futuristic Friday, showcasing breakthrough technologies including quantum computing, advanced robotics, and space tech.

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

4 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.