News

Saudi Aviation Sector Embraces Tech To Meet Vision 2030 Goals

The kingdom aims to become a global logistics hub and attract 100 million tourists by 2030.

Published

2 years ago

May 30, 2023

saudi aviation sector embraces tech to meet vision 2030 goals

Saudi Arabia is rapidly becoming a highly sought-after tourist destination, and in response to growing demand, the aviation industry requires year-on-year development on an increasingly large scale. As aviation is one of the most environmentally damaging sectors, mitigating harmful emissions is crucial to helping the Kingdom meet its ambitious Vision 2030 goals.

According to a recent report by the King Abdullah Petroleum Studies and Research Center, developing modern, high-tech aviation technologies could enhance Saudi Arabia’s aviation sector and simultaneously meet the requirements of growing volumes of tourists.

Co-author of the report, Abdulrahman Alwosheel, noted that Saudi Arabia enjoys a “strategic geopolitical position” and is a key location that connects the Asia-Pacific region to Europe and America. Developing this logistics hub is a critical component of the Vision 2030 roadmap.

Also Read: Tech Firms Form Partnership To Boost UAE’s Space Program

The National Tourism Strategy of Saudi Arabia plans to attract 100 million visitors by 2030, which could account for up to 10% of the Kingdom’s GDP. Meeting these lofty goals will require significant infrastructure improvements, as well as large-scale investment in innovative new technology and a highly-skilled workforce.

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

18 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.