News

Riyadh Developers Reveal New 45,000-Seat Murabba Stadium

The ambitious project, projected to be completed by 2032, will transform the Saudi capital’s downtown.

Published

7 months ago

July 17, 2024

Nour Nasir

riyadh developers reveal new 45,000 seat murabba stadium

Saudi Press Agency

The New Murabba Development Company — part of Saudi Arabia’s Public Investment Fund (PIF) — has revealed its ambitious plans for a new state-of-the-art stadium for Saudi Arabia’s capital, Riyadh.

With a capacity exceeding 45,000 spectators, the Murabba Stadium will transform the city’s landscape and become an international hub for sports, entertainment and culture.

riyadh murabba stadium 1

Michael Dyke, Al Murabba CEO, underscored the stadium’s significance, explaining, “This new stadium embodies Riyadh’s evolution into a vibrant global hub. It underscores our commitment to developing world-class infrastructure that showcases Saudi Arabia’s ongoing transformation”.

The massive architectural project, earmarked for completion by the end of 2032, will be far more than a simple sports and event venue. Its innovative structure, inspired by the multi-layered, scaly bark of the acacia tree, represents the coming together of Saudi tradition and modern innovation. This design philosophy is part of an overriding vision for a completely new square in Riyadh’s downtown area.

riyadh murabba stadium 2

The Murabba Stadium is designed to provide an unrivaled experience for sports fans and event goers, with multi-purpose configurations that allow concerts, gaming tournaments, exhibitions, and educational gatherings to be hosted.

Also Read: Meet Dubai’s Groundbreaking Smart Robot Delivery Assistant

The building is expected to play a vital role in boosting Riyadh’s tourist and consumer economy, and designers hope that the development will also help to further the Kingdom’s ambitious development goals and Vision 2030 strategy.

With its breathtaking design and multifunctional event-hosting capabilities, the Murabba Stadium is set to become an iconic Riyadh landmark, epitomizing the capital city’s aspirations and Saudi Arabia’s dynamic future as it diversifies away from an oil-based economy.

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

3 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.