News

MENA eSIM Use Soared 20% In 2024, Boosted By Tourism Sector

The report, published by eSIM provider Yesim, also backs up recent projections that 68% of all MENA smartphones will use eSIMs by 2030.

Published

1 month ago

January 21, 2025

Nour Nasir

mena esim use soared 20% in 2024 boosted by tourism sector

Yesim, a global eSIM provider, recently published its Dubai Tourism & Connectivity Report 2024. The report highlights a sharp rise in eSIM adoption across the MENA region, closely tied to a booming tourism sector, increased IoT usage, and the expanding reach of 5G. The report builds on existing projections showing that by 2030, 68% of all smartphones in the region will use eSIMs.

Dubai: A Key Player In MENA’s Tourism Sector

Dubai remains a tourism hotspot, attracting 9.31 million overnight international visitors in the first half of 2024 — a 9% increase on 2023. The average tourist visit has also extended to 13.8 days — a remarkable 73% jump compared to 2019 — fueled largely by European tourists spending more time in the city.

“Dubai draws most of its tourists from the UK, Saudi Arabia, the US, Germany, and Australia, with peak travel season running from October to April,” explained Dmitri Verbovski, Yesim’s Founder and CEO.

Attractions That Keep Tourists Coming

Although Dubai continues to innovate with its many tourist attractions, shopping remains a major draw. During the Dubai Shopping Festival (December 6, 2024, to January 12, 2025) Yesim reported a notable uptick in eSIM purchases as tourists flocked to the city. Younger travelers (ages 18-35) are often drawn to luxury brands and the entertainment options found in shopping malls, while older visitors gravitate toward traditional markets.

eSIM Usage Peaks During Major Holidays

Yesim’s data reveals that demand for eSIMs rises significantly during religious holidays like Ramadan and the Islamic New Year. Ramadan orders surged 6.2%, from 19,453 pre-holiday orders to 20,665 during the month, reflecting increased travel and family connections. Post-Ramadan, orders jumped to 27,942, before stabilizing to regular levels.

A similar trend was observed during Eid. Pre-Eid orders were steady at 8,648, rising to 10,830 after the holiday — a 20% increase driven by extended trips and promotional offers. Islamic New Year saw an 11.7% spike in demand, with orders climbing from 10,334 to 11,592 during the celebrations.

Also Read: iFLYTEK Smart Translator 4.0 Review: A Traveler’s Companion

The Rise Of eSIMs In MENA

In 2024, the MENA region recorded 197 million eSIM smartphone connections, compared to 394 million using traditional SIM cards. Digital nomads and tech-savvy travelers are among the primary adopters, drawn to the technology’s seamless connectivity across borders, ease of use, and eco-friendly benefits.

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

14 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.