News

Qatar Airways Acquires 25% Stake In South Africa’s Airlink

The investment will improve Qatar Airways’ position as a regional player in the African market and boost its economic potential.

Published

6 months ago

August 22, 2024

Nour Nasir

qatar airways acquires 25% stake in south africa's airlink

The Qatar Airways Group has acquired a 25% share of Southern Africa’s top independent regional carrier, Airlink. The announcement signals ambitious plans for the multi-award-winning airline to further expand operations across the African continent. In addition, the investment in Airlink (which already flies to over 45 African destinations) will enhance the code-sharing alliance between the two carriers.

qatar airways and airlink partnership

After the announcement, Qatar Airways Group Chief Executive Officer Engr. Badr Mohammed Al-Meer stated: “Our investment in Airlink further demonstrates how integral we see Africa being to our business’ future. This partnership not only demonstrates our confidence in Airlink, as a company that is resilient, agile, financially robust, and governed on sound principles, but also in Africa as a whole, showing huge potential that I am delighted we are able to help start realizing”.

Airlink Chief Executive Rodger Foster added: “Having Qatar Airways as an equity partner is a powerful endorsement of Airlink and echoes our faith in the markets we currently serve and plan to add to our network. This transaction will unlock growth by providing efficiencies of scale, increasing our capacity, and expanding our marketing reach. By bolstering Airlink and its business, this investment will strengthen all of the existing airline partnerships Airlink has nurtured over the years”.

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The Qatar Airways and Airlink partnership will soon align both carriers’ loyalty programs — Qatar Airways Privilege Club and Airlink Skybucks — and eventually lead to further cooperation and market growth for both airlines.

Qatar Airways already flies to 29 African destinations, with a handful of new cities added since December 2020, including Abidjan, Abuja, Accra, Harare, Kano, Luanda, Lusaka, and Port Harcourt. Meanwhile, Cairo and Alexandria have also resumed regular scheduled flights.

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.