New phase of the 'Young Investor' program targets 50 schools and more than 75,000 students across UAE
Modern curriculum includes interaction with AI, digital currencies, and practical financial concepts to meet future demands
Enabling students to develop small-scale investment projects inspired by financial literacy concept
Dubai, United Arab Emirates — Building on the success of its inaugural year, National Bonds, the UAE's leading Sharia-compliant savings and investment company, in partnership with Knowledge Fund Establishment, a government entity dedicated to supporting and developing the education sector in Dubai, has announced a new phase of its financial education initiative 'Young Investor Program' in UAE schools, to reach 50 schools nationwide over the next three years, engaging 75,000 students.
This growth follows strong engagement from students, parents, and educators during the program's pilot phase initially launched in 11 schools across Dubai, which combined theoretical learning with practical financial application
Over the next three years, the program will challenge students to conceptualize small investment or business projects based on the financial principles they acquire—ranging from basic savings strategies to safe investment tools. Selected projects will undergo feasibility assessments, with the most promising initiatives receiving dedicated support and recognition. These student-led ventures aim to translate financial literacy into real-world experience, nurturing both entrepreneurial and practical skills.
Recently, high school participants engaged in immersive, in-person workshops at National Bonds' headquarters. These sessions covered a wide range of real-world topics, including budgeting, customer service, investment fundamentals, market research, data analysis, and client communication. A new cohort of Grade 11 and 12 students is expected to take part during the upcoming summer break.
In line with evolving global trends, the program is currently being updated to include relevant contemporary topics such as artificial intelligence, digital currencies, and everyday money management. These additions are designed to equip students with skills tailored to the financial and professional challenges of the future.
Rehab Lootah, Group Deputy CEO of National Bonds, commented: 'The outcomes from the pilot phase of the Young Investor Program have exceeded expectations. The high levels of engagement from students, families, and schools demonstrate the program's effectiveness in building financial literacy and confidence. As we expand nationwide, we look forward to further empowering young people to make informed financial decisions that will shape their future.'
Ohood Al Ichlah, Director of Strategic Planning and Educational Initiatives at the Knowledge Fund Establishment, added: 'We are proud to continue our collaboration with National Bonds to extend the reach of this valuable program. Financial literacy is a cornerstone of future success, and the Young Investor initiative lays that foundation early. We look forward to welcoming more schools and inspiring more students to take charge of their financial futures.'
Launched early last year, the Young Investor program introduces students—particularly those in Grades 5 and 6—to core financial concepts including money management, payment systems, loans and debts, savings, investments, Islamic Takaful insurance, and long-term financial planning. With a structured, research-backed curriculum, the initiative promotes a savings mindset while preparing youth to navigate financial systems with confidence and purpose.
About National Bonds Corporation Sole Proprietorship PSC:
National Bonds Corporation is a Sharia-compliant savings and investment company owned by the Investment Corporation of Dubai, established in 2006. It is licensed and supervised by the Securities and Commodities Authority and is audited by the Dubai Government Audit Department, Sharia Supervisory Board as well as reputable International external auditors. The company provides UAE nationals, UAE residents, and non-residents with an opportunity to build and fortify their savings safety net, as well as invest in programs that offer competitive returns with lower risk. Its goal is to encourage disciplined savings habits for people across the 7 Emirates, in line with the UAE Government's Vision for a financially secure and sustainable future. National Bonds offers an exciting AED 36 Million Rewards Program to all savers, with monthly and quarterly prizes ranging from AED 1 million to various luxury cars. www.nationalbonds.ae
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Zawya
an hour ago
- Zawya
Space42, Microsoft, and Esri sign memorandum of understanding to enhance mapping capabilities across Africa
Over the next five years, the initiative will map 54 African countries and benefit over 1.4 billion people The detailed mapping will support economic growth across the continent Abu Dhabi, UAE – Space42 (ADX: SPACE42), the UAE-based global AI-powered SpaceTech company, part of technology group G42, announced the signing of a Memorandum of Understanding (MoU) with Microsoft and Esri to deliver high-resolution, scalable base maps across all 54 African countries, serving over 1.4 billion people. Known as the 'Map Africa Initiative,' the project will create the most comprehensive base map of the continent to date, addressing challenges in infrastructure, investment, and institutional gaps. The updated mapping system will catalyze economic development through increased access to intelligent solutions that support governments, businesses, and communities. The five-year collaboration aims to strengthen geospatial capabilities across Africa and the UAE, and provide precise and accessible data to national and regional stakeholders. The MoU was signed at Esri's 2025 User Conference. Hasan Al Hosani, CEO of Smart Solutions at Space42, said, 'Partnership is core to the UAE's DNA, and is central to how Space42 operates. This collaboration with Microsoft and Esri is more than technical; it's strategic. It advances Space42's business priorities, strengthens our role as a trusted partner to governments, and delivers meaningful benefits to communities across Africa. Accurate, high-quality mapping and the intelligence solutions built on it are essential for growth, resilience, and inclusive innovation. With reliable data, communities and economies prosper.' Jack Dangermond, President of Esri said,"We are proud to support the Map Africa Initiative in partnership with Space42. Transforming satellite imagery into detailed, accurate base maps at continental scale requires advanced geospatial technology and professional production workflows. These same capabilities have supported similar national and regional mapping efforts around the world. With Map Africa, we are helping to establish a foundational resource that will drive infrastructure planning, economic growth, and sustainable development across the continent." A Transformative Investment in Africa's Digital Future Africa's maps are fragmented, outdated, or inaccessible, leaving governments and businesses to make major decisions with inaccurate and incomplete data. The Map Africa Initiative seeks to change that by producing continent-wide geospatial data that is accurate, timely, and locally managed. The process itself is collaborative from start to finish, bringing together the complementary strengths of each organization. Space42 will lead fundraising efforts and project management, in addition to providing satellite data through sovereign capacities and commercial partners. It will process data using AI-powered Digital Twin models to produce dynamic, use-specific outputs and lead the Research & Development roadmap for new AI models and automation of map production workflows. Esri will orchestrate base map production workflows with its GeoAI and remote sensing capabilities, while also supporting regional hubs to train local teams and build long-term capacity. Microsoft will provide the secure cloud infrastructure and AI framework through Azure to support data processing, sharing, and integration at scale. Enabling Economic Opportunity, Resilience, and Innovation The initiative is expected to unlock long-term value across multiple industries: Ports and logistics: Detailed terrain and infrastructure mapping will improve route planning, reduce inefficiencies, and support Africa's emergence as a global logistics hub. Renewable energy: Site selection models will support optimal solar and wind deployment, improving efficiency and return on investment. Security and disaster response: Governments will be better equipped to monitor borders, track natural resources, and coordinate emergency responses. Smart cities and digital economies: Accurate maps are foundational to urban planning, public services, and technology deployment. The data will be licensed to national governments, enabling ownership and long-term updating by National Mapping Agencies. Over time, the initiative will also support a new commercial ecosystem of African startups. The data will eventually be housed in G42 and Microsoft-managed data centers across the continent. Strategic positioning for Space42 For Space42, the initiative represents more than a single project. It deepens long-standing partnerships with Microsoft and Esri, expands Space42's presence in Africa, and opens new commercial opportunities in analytics, licensing, and infrastructure support. The Map Africa Initiative is a testament to Space42's position as the global partner of choice for governments seeking geospatial data at scale, serving as both a strategic proof point and a commercial gateway to new markets. Peng Xiao, Group Chief Executive Officer at G42, said, 'We believe intelligence is the foundation for societal progress, yet it remains out of reach for millions across the Global South. This partnership is a decisive step toward closing that gap. Together with our partners, we will deliver AI-powered insights that enable African nations to plan smarter, build better, and grow more sustainably and responsibly. From agricultural optimization and natural resource management to strengthening public services infrastructure and economic empowerment, this partnership will help turn data into development, and intelligence into impact.' 'G42's partnership with Microsoft represents a shared commitment to harnessing AI as a global force for good. Together, we are building the infrastructure and applications that will extend the benefits of intelligence to communities across the world, transforming lives through technology that is trusted, responsible, and inclusive.' The initiative further pushes the limits of how technological innovation can advance communities and unlock economic opportunities. Aligning with the UAE's Global Investment and Innovation Agenda The UAE is Africa's largest foreign investor, with $44 billion in capital deployed in 2024 alone, nearly matching the combined investments of the UK and China. As the UAE's national space champion, Space42 advances this agenda by exporting AI and geospatial capabilities that enable data-driven development. By expanding the UAE's space ecosystem and fostering knowledge transfer across industries, Space42's geospatial mapping capabilities play a crucial role in building a future-ready, innovation-driven economy in both the UAE and Africa. For African countries, the mapping capabilities enable smarter land use, improved disaster response, modern infrastructure planning, and the foundations for smart cities and digital economies. For the UAE, this strategic engagement opens high-growth markets, deepens diplomatic and commercial ties, and consolidates its role as a global leader in AI-enabled space solutions. About Space42 Space42 (ADX: SPACE42) is a UAE-based AI-powered SpaceTech company that integrates satellite communications, geospatial analytics and artificial intelligence capabilities to enlighten the Earth from space. Formed in 2024 by the successful merger of Bayanat and Yahsat, Space42's global reach allows it to address the rapidly evolving needs of its customers in governments, enterprises, and communities. Space42 comprises two business units: Space Services and Smart Solutions. Space Services focuses on upstream satellite operations for both fixed and mobile satellite services. Smart Solutions integrates geospatial data acquisition and processing with AI to inform decision-making, enhance situational awareness, and improve operational efficiency. Major shareholders include G42, Mubadala, and IHC. For more information, visit: follow us on X: @space42ai Legal Notice and Cautionary statement regarding forward-looking information This announcement may include forward-looking statements, which are based on current expectations and projections about future events. These statements may include, without limitation, words such as "expect", "will", "looking ahead" and any other words and terms of similar meaning. These forward-looking statements are subject to risks, uncertainties and assumptions about the Company and its subsidiaries and its investments and speak only as of the date of this announcement. Forward-looking statements are based on assumptions of future events and information currently available to the Company which may not prove to be accurate, and the Company does not accept any responsibility for the accuracy or fairness thereof and expressly disclaims any obligation to update any such forward looking statement. No representation or warranty is made that any forward-looking statement will come to pass. You are therefore cautioned not to place any undue reliance on forward-looking statements. Neither this announcement nor anything contained herein constitutes a financial promotion, or an invitation or inducement to acquire or sell securities in any jurisdiction.
Al Etihad
2 hours ago
- Al Etihad
Space42, Microsoft, and Esri sign agreement supporting Map Africa Initiative, reinforcing UAE leadership in AI-enabled space solutions
29 July 2025 15:53 ABU DHABI (ALETIHAD)Space42, a UAE-based AI-powered SpaceTech company, has signed an agreement with Microsoft and Esri at the latter's 2025 User Conference to deliver high-resolution, scalable base maps across all 54 African countries, serving over 1.4 billion as the Map Africa Initiative, the project will create the most comprehensive base map of the continent to date, addressing challenges in infrastructure, investment, and institutional updated mapping system will catalyse economic development through increased access to intelligent solutions that support governments, businesses, and communities. The five-year collaboration aims to strengthen geospatial capabilities across Africa and the UAE, providing precise and accessible data to national and regional of Smart Solutions at Space42, Hasan Al Hosani, said, 'Partnership is core to the UAE's DNA, and is central to how Space42 operates. This collaboration with Microsoft and Esri is more than technical; it's strategic. It advances Space42's business priorities, strengthens our role as a trusted partner to governments, and delivers meaningful benefits to communities across Africa. Accurate, high-quality mapping and the intelligence solutions built on it are essential for growth, resilience, and inclusive innovation. With reliable data, communities and economies prosper.'President of Esri, Jack Dangermond, said, "We are proud to support the Map Africa Initiative in partnership with Space42. Transforming satellite imagery into detailed, accurate base maps at a continental scale requires advanced geospatial technology and professional production workflows. These same capabilities have supported similar national and regional mapping efforts around the world. With Map Africa, we are helping to establish a foundational resource that will drive infrastructure planning, economic growth, and sustainable development across the continent.'Group Chief Executive Officer at G42, Peng Xiao, said, 'We believe intelligence is the foundation for societal progress, yet it remains out of reach for millions across the Global South. This partnership is a decisive step toward closing that gap. Together with our partners, we will deliver AI-powered insights that enable African nations to plan smarter, build better, and grow more sustainably and responsibly. From agricultural optimisation and natural resource management to strengthening public services infrastructure and economic empowerment, this partnership will help turn data into development, and intelligence into impact.'G42's partnership with Microsoft represents a shared commitment to harnessing AI as a global force for good. Together, we are building the infrastructure and applications that will extend the benefits of intelligence to communities across the world, transforming lives through technology that is trusted, responsible, and inclusive.'Maps of Africa are fragmented, outdated, or inaccessible, leaving governments and businesses to make major decisions with inaccurate and incomplete Map Africa Initiative seeks to change that by producing continent-wide geospatial data that is accurate, timely, and locally process itself is collaborative from start to finish, bringing together the complementary strengths of each organisation. Space42 will lead fundraising efforts and project management, in addition to providing satellite data through sovereign capacities and commercial partners. It will process data using AI-powered Digital Twin models to produce dynamic, use-specific outputs and lead the Research & Development roadmap for new AI models and automation of map production will orchestrate base map production workflows with its GeoAI and remote sensing capabilities, while also supporting regional hubs to train local teams and build long-term capacity. Microsoft will provide the secure cloud infrastructure and AI framework through Azure to support data processing, sharing, and integration at initiative is expected to unlock long-term value across multiple industries. Ports and logistics: Detailed terrain and infrastructure mapping will improve route planning, reduce inefficiencies, and support Africa's emergence as a global logistics hub. Renewable energy: Site selection models will support optimal solar and wind deployment, improving efficiency and return on investment. Security and disaster response: Governments will be better equipped to monitor borders, track natural resources, and coordinate emergency responses. Smart cities and digital economies: Accurate maps are foundational to urban planning, public services, and technology data will be licensed to national governments, enabling ownership and long-term updating by National Mapping time, the initiative will also support a new commercial ecosystem of African startups. The data will eventually be housed in G42 and Microsoft-managed data centres across the Space42, the initiative deepens long-standing partnerships with Microsoft and Esri, expands Space42's presence in Africa, and opens new commercial opportunities in analytics, licensing, and infrastructure support. The Map Africa Initiative reflects Space42's position as the global partner of choice for governments seeking geospatial data at scale, serving as both a strategic proof point and a commercial gateway to new UAE is Africa's largest foreign investor, with US$44 billion in capital deployed in 2024 alone, nearly matching the combined investments of the UK and China. As the UAE's national space champion, Space42 advances this agenda by exporting AI and geospatial capabilities that enable data-driven expanding the UAE's space ecosystem and fostering knowledge transfer across industries, Space42's geospatial mapping capabilities play a crucial role in building a future-ready, innovation-driven economy in both the UAE and Africa. For African countries, the mapping capabilities enable smarter land use, improved disaster response, modern infrastructure planning, and the foundations for smart cities and digital economies. For the UAE, this strategic engagement opens high-growth markets, deepens diplomatic and commercial ties, and consolidates its role as a global leader in AI-enabled space solutions.
Khaleej Times
2 hours ago
- Khaleej Times
Empowering brokers with innovation: An interview with Dr Abdulaziz Albawardi, chairman of Skyloov Property Portal
From hidden fees to full transparency, Skyloov is the future of property portals Despite the dominance of major players in the UAE's real estate portal market, a new contender is making headlines by prioritising fairness, innovation, and real value for real estate agencies. Dr Abdulaziz Albawardi, chairman of the Board at Skyloov Property Portal, shares the vision, growth journey, and technological edge that are redefining how brokers and property seekers engage with the market. Question: Dr Abdulaziz, entering the UAE property portal market, home to well-established giants, is a bold move. What inspired this vision? Answer: The inspiration behind launching Skyloov in such a competitive environment stems from a deep commitment to empowering real estate agencies, particularly brokers who are the backbone of the industry. When we analysed the market, we found that many agencies - especially startups - were struggling due to unclear pricing models and a credit-based system that didn't prioritise their interests. Some agencies were forced to close because they simply couldn't keep up with the unfair structure. Skyloov was created to bring fairness, transparency, and support back to the real estate community. We offer a flat-fee model - no credit system, no hidden costs. Whether you list a studio in Ajman or a villa in downtown Dubai, you pay the same affordable price, starting at just Dh750 per month - more than 50 per cent lower than market averages. This approach has made Skyloov an increasingly popular choice for those looking to list or find apartments for sale in Dubai, giving both agencies and property seekers a reliable and cost-effective platform to connect. We also implemented rotational listings, meaning every listing gets visibility. No more being buried on page 99 just because someone else spent more on ad credits. Our focus is clear: help agencies list more and close more. Question: Skyloov is relatively new to the market. Yet, you've already gained impressive traction. Can you share some growth milestones and what drove this success? Answer: Certainly, we launched Skyloov in October 2024, and in just nine months, we've crossed 3.6 million monthly visitors, 130,000+ active listings, and onboarded 1,300 registered real estate agencies, with over 46 million property page views. This growth came with a digital-first strategy. We invested in performance-driven marketing across search engines, social platforms, and programmatic channels. Most importantly, we used AI to analyseuser behaviour, making our property matching smarter and faster. This tech-powered personalisation doesn't just enhance the user experience - it delivers real, high-intent leads to agencies, helping brokers close deals more efficiently. Question: Innovation seems to be at the heart of Skyloov's approach. What features set you apart from other property portals? Answer: Innovation is in our DNA. One of our standout features is "List Your Property" - a self-service tool for property owners to directly upload listings via our website or app. It simplifies the process and puts control in the hands of the owners. We also launched Broker Connect, a unique in-app feature allowing brokers across the UAE to connect in real time. They can send and receive property requests, share listings, and finalize agreements - all from one place. This tool makes collaboration faster and more efficient, helping brokers close deals without the back-and-forth. Another breakthrough is AI Voice Search - a first in the UAE. Users can simply speak naturally, for example, 'a two-bedroom in JVC under 1.2 million,' and instantly get relevant results. It's smart, intuitive, and saves time. Question: Have you seen a measurable impact among agencies using Skyloov? Any success stories to share? Answer: Absolutely. We've seen incredible feedback from agencies. One agency recently received over 1,500 qualified leads in a single quarter, without paying inflated fees. Because we don't operate on a pay-to-play model, agencies of all sizes get a fair shot at visibility and performance. We're giving them not just a platform, but a competitive edge to grow sustainably. Question: Looking ahead, what is your long-term vision for Skyloov in the region? Answer: Our vision is to become the number one property portal in the Middle East, GCC, and Eastern Europe - not just by traffic, but by trust, innovation, and real impact. We aim to be the first platform that property seekers think of and the most reliable partner for agencies. We're not here to replace anyone - we're here to fix a broken system that has, for too long, benefited only a few. The future of real estate in the UAE is collaborative, transparent, and tech driven. Skyloov is here to lead that future. Final thoughts Skyloov's rise in less than a year reflects a deep-rooted understanding of the real estate market's needs and pain points. By combining affordable pricing, real-time collaboration tools, AI-powered personalisation, and a user-first approach, the platform is redefining what a real estate portal should be in the modern era. With a strong foundation, customer-first mindset, and powerful technology, Skyloov is not just disrupting the market - it's setting a new standard for what property portals should be.
