News

Saudi Arabia Launches SpaceGuardian, An AI Satellite Imagery Project

Front End, a Saudi investment and development entity, will collaborate with SpaceKnow, a space-tech firm from New York.

Published

1 year ago

February 21, 2024

saudi arabia launches spaceguardian an ai satellite imagery project

As part of its efforts to build a modern, tech-focused economy, Saudi Arabia is delving into AI-powered satellite image analysis. The latest project involves a collaboration between Front End, a Saudi Arabian investment and development entity, and SpaceKnow, a space technology firm headquartered in New York. The collaboration has led to the establishment of SpaceGuardian, a project that will harness SpaceKnow’s exclusive AI-enabled analytical engine for contextualizing satellite imaging.

saudi arabia spaceguardian ai satellite imagery

The agreement was formalized between Majid Alghaslan, Chairman and CEO of Front End, and Jerry Javornicky, CEO and co-founder of SpaceKnow, during the recent International Petroleum Technology Conference (IPTC) 2024, held in Dhahran.

The location of the meeting is significant, as satellite imaging has already proved invaluable for capturing multi-dimensional snapshots of the country’s Ghawar oil field, helping to forecast the future viability of the lucrative natural resources in the area.

Pioneering the field of satellite AI imagery, SpaceGuardian will offer real-time geospatial analysis of the country utilizing machine learning. Javornicky envisions that the project will “revolutionize the AI-driven geospatial market [via SpaceGuardian] commencing with carbon sequestration, security, and infrastructure surveillance”.

AI-driven satellite imagery spans a diverse range of applications, offering insights into the effectiveness of environmental initiatives and guiding economic policies based on space-derived data. Majid describes this partnership as “embracing innovation and progress that will propel Saudi Arabia into a new era of digital transformation”.

Also Read: UAE’s Yahsat Introduces Smartphone-To-Satellite Connectivity

In a departure from its traditional reliance on oil revenues, the Saudi Arabian government has been ramping up efforts to steer the economy towards a digital future. Both Artificial intelligence and space technology seem to be of keen interest to the Kingdom, alongside major urban planning projects and sustainable infrastructure upgrades.

Front End’s Majid Alghaslan underscores that “[SpaceGuardian] contributes to the development of the burgeoning space sector and supports the establishment of a robust space agency in Saudi Arabia. With a comprehensive suite of services catering to all industries and sectors”.

In total, Saudi Arabia’s move into the AI space sector is expected to usher in over $5.3 billion in investments by 2030.

Related Topics:Artificial Intelligence Saudi Arabia Space

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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

10 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.