News

Noon & ADIO To Build Huge Fulfillment Center In Abu Dhabi

The new facility at Khalifa Economic Zones, Abu Dhabi, will be the largest in the region when it opens in 2024.

Published

2 years ago

November 11, 2022

Nour Nasir

Noon

The COVID-19 pandemic massively accelerated the growth of online shopping in the UAE, with the market expected to be worth $9.2 billion by 2026. As eCommerce sales look set to double in volume, the Abu Dhabi Investment Office (ADIO) and Dubai-based online marketplace Noon are teaming up to build the UAE’s biggest fulfillment center.

The 252,000 square meter mega facility will be sited in Abu Dhabi’s Khalifa Economic Zones, and ADIO is offering Noon monetary and non-monetary incentives to open the massive new warehouse.

“Noon’s partnerships with ADIO and KEZAD Group are significant in scale and impact, creating thousands of jobs and new opportunities for the private sector to plug into an e-commerce platform and the emirate’s innovation ecosystem. Leveraging Noon’s cutting-edge logistics, innovation, and technology expertise, the mega fulfillment center will reinforce Abu Dhabi’s emerging strength in e-commerce and logistics while boosting adjacent industries like transportation and warehousing,” says Abdulla Abdul Aziz Al Shamsi, acting director general at ADIO.

According to the latest press announcement, the new fulfillment center will allow rapid product delivery across the UAE marketplace, using the latest robotic and AI-based automation techniques for sorting, transfer, and storage. The high-tech facility will still need plenty of human workers, with more than 6,000 new staff positions expected to be created, including entry-level packing jobs up to managerial executives.

Also Read: Aramex Has Successfully Tested Drone Deliveries In Oman

“As a local technology company, it is our duty to innovate, invent, and provide the optimal infrastructure for a digital-first future. The new hub in the UAE will accelerate not only Noon’s growth but also eCommerce in our region. We are proud to collaborate with UAE industry leaders such as ADIO and KEZAD to provide our people and nation with the world-class tools necessary for success,” says Mohamed Alabbar, Founder of Noon.

With Noon’s expanded operations in Abu Dhabi, the emirate’s eCommerce sector is receiving a significant infrastructure boost. Business owners, startups, and SMEs will all be able to take advantage of the Noon platform, using its extensive distribution networks to reach new clients and provide an enhanced service for existing users.

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

7 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.