News

Hub71’s Startup Ecosystem Now Boasts Over 200 Members

Companies from 6 individual countries have been welcomed by the Abu Dhabi-based tech ecosystem in the latest round of admissions.

Published

2 years ago

November 29, 2022

Nour Nasir

Hub71

Hub71, Abu Dhabi’s global tech ecosystem that assists creators in tech businesses, has grown its ranks to over 200 members. After a 60% increase in applications, an additional 20 firms were chosen to join the community, helping more startups than ever to maximize opportunities for funding and other business development in the UAE’s capital.

Entrepreneurs joining Hub71 gain access to huge networking potential within the ecosystem, which has now grown into a sizable community of tech entrepreneurs and attracted the attention of leading investors, as well as corporate, governmental, and academic partners.

Startups from six different nations have been welcomed to Hub71 in this latest round of admissions, and another 11 companies have relocated to Abu Dhabi after joining the growing community. The UAE is enjoying something of a tech renaissance of late, as it draws more and more top-flight companies from around the globe.

Also Read: How To Find The Best Remote Work Opportunities In The Middle East

“This success is a testament that Abu Dhabi is becoming a destination for high-quality startups that showcase great potential and impact,” says Badr Al-Olama, acting CEO of Hub71.

Among the companies chosen to join Hub71 is 44.01, an unusually-named business that aims to reduce carbon emissions by converting CO2 into rock. Adding to the community’s green credentials is Finland’s iFarm, which develops agricultural tech solutions to support automated vertical farming, highlighting the importance of cleantech and agribusiness development in the Hub71 portfolio.

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

8 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.