All posts by uaenews247

UAE-based FinAI Startup Launches MalyGPT, a Pioneering AI Solution Transforming Personal Finance Management Across MENA

  • Combining advanced AI capabilities with a user-friendly interface, MalyGPT serves as a pocket-sized financial assistant, ready to help anytime, anywhere.
  • Key features include personalized financial planning and budgeting, real-time financial health checks, predictive analysis for future scenarios, and automated saving advice.

Dubai, UAE, July 4, 2024: Maly, the innovative FinAI startup headquartered in Dubai International Financial Center (DIFC), announced the launch of MalyGPT, MENA’s first Generative AI Financial Assistant. With the user’s permission, this groundbreaking tool can analyze spending habits, financial activities, and income, then align these with saving goals to offer personalized financial advice and help them build better money habits.

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INTRODUCING THE FABERGÉ X GEMFIELDS MALAIKA EGG

Fabergé, the world’s most iconic artist jeweller, has collaborated with Gemfields, a world-leading responsible miner and marketer of coloured gemstones, to create the one-of-a-kind Fabergé x Gemfields Malaika Egg. This exquisite egg objet is being unveiled in July, the month for which ruby is the birthstone, with $100,000 from its sale to be donated to the Gemfields Foundation, to support community projects which alleviate poverty in Mozambique.

‘Malaika’ means ‘angel’ in Swahili, a language spoken in Mozambique, where the rubies on this precious egg were unearthed. The fiery, deep red gems featured in this piece were responsibly mined at the Montepuez ruby mine in Mozambique, which is majority-owned by Gemfields. These rare and precious rubies are set in 18k rose gold and paired with white and brown diamonds, pink sapphires, amethysts and pearls. The Fabergé x Gemfields Malaika Egg was made by a small team of craftspeople in England, using time-honoured techniques.

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Presight announces the launch of its Enterprise AI Suite

Abu Dhabi, United Arab Emirates, July 4, 2024: Presight, the region’s leading big data analytics company powered by generative artificial intelligence (AI), today announced the launch of its Enterprise AI Suite featuring 2 products named Presight Vitruvian and Presight Connect respectively. With this launch, Presight underscores its position as a leader in the Applied AI space.

The Presight Enterprise AI Suite’s products leverage machine learning, natural language processing, predictive analytics, large language models, and Generative AI to drive business value. The Suite integrates with an organization’s technology stack enabling deep learning, and can be deployed within an organization, on cloud and even air-gapped for those who require the highest security.

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DealCart Raises $3.0 Million to Empower Pakistan’s Digitally Savvy Consumers Amid Rising Inflation

DealCart helps Pakistan’s growing, digitally enabled young population save on essential goods online.

[Karachi, Pakistan – July 4th, 2024] – DealCart, a social e-commerce startup focused on transforming the way Pakistani consumers access essential goods, has successfully raised $3 million Seed in a funding round led by Shorooq Partners and Sturgeon Capital. The round also saw participation from 500 Global, Evolution VC, Rayn Capital, and Khyber Venture Partners.

This capital infusion will support DealCart’s mission to expand its reach and provide affordable essential goods to low- and middle-income consumers across Pakistan.

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DSS DAILY SURPRISES BRING 34 DAYS OF EXCLUSIVE SAVINGS ALL SUMMER

Dubai, United Arab Emirates, 4 July 2024: Dubai Summer Surprises (DSS) 2024 is bringing brilliant bargains to everyone across the city with the return of DSS Daily Surprises. Running from 2 July to 4 August, the highly anticipated and incredibly popular exclusive deals are bringing 34 days of exceptional, limited-time offers across everything from fashion and beauty to electronics and home labels.

A key highlight of DSS every year, the mega discounts offer more ways than ever for Dubai residents and visitors to enjoy huge savings and unbeatable value when shopping for their favourite brands across the city’s iconic malls and retail destinations.

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