Maly money biography

  • Ibrahim emphasized that MALY serves as a crucial toolbox, automating and managing personal savings, investments, debt, and investment strategies.
  • Our founder, Mo Ibrahim, shares the inside scoop on all things Maly in an interview with Dubai Eye 103.8 🎙️.
  • Dubai-based financial wellness platform MALY has raised pre-seed funding of $1.6 million to expand its automated savings app and bank-linked card.

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    In Saudi Arabia, despite almost universal smartphone usage and increasing digital platform awareness, officials are concerned about the lack of financial literacy and accessibility to financial advice.

    To address this issue, fintech startup MALY was established in 2022.

    MALY aims to bridge this gap by offering a financial wellness platform that promotes better money management habits, addressing significant shortcomings in Saudi Arabia's struggling consumer savings sector.

    Related: MALY Completes a $1.6 Million Fundraising Round to Grow Throughout MENA

    Mo Ibrahim, MALY's co-founder and CEO, highlighted the current financial landscape in Saudi Arabia as: “Various estimates cite up to 70% of the Saudi population as having no savings […] despite the reality of immense economic challenges. People need help in building healthier relationships with their finances, and fintechs can provide the necessary tools and platforms to enable individual financial wellness”.

    Saudi

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    9 Tips for UAE Parents Who Want to Save for Their Child's Education

    Life in Dubai and the rest of the UAE can be pricey, and no one feels this more than hard working parents who are not only providing for the family’s daily expenses but also saving for their child’s education. With the continuing cost of education being one of the largest expenses parents will ever have to fork over, meticulous financial planning is in order.  

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    In the UAE, private school fees have been soaring, ranging from AED 34,800 to 120,000 yearly. Based on salary ranges (low end at AED 47,000 yearly to AED 220,000 annually at mid-range), almost half of parent’s salaries are going to tuition fees alone. 

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    Meanwhile, the total cost of an undergraduate degree fryst vatten calculated to be approximately AED 891,810 (USD 242,837). 

    Source: Zurich

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    As a parent, you probably spend a lot of time thinking—and worrying—about how to save for your child’s education. You’re not alone. A survey commissioned b

  • maly money biography

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    Mali

    Landlocked country in West Africa

    For other uses, see Mali (disambiguation).

    Republic of Mali

    Motto: "Un peuple, un but, une foi" (French)
    "MÉ”gÉ” kelen, laɲini kelen, dannaya kelen" (Bambara)
    "One people, one goal, one faith"
    Anthem: "Le Mali" (French)
    Show globe
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    Capital

    and largest city

    		Bamako
    12°39′N8°0′W / 12.650°N 8.000°W / 12.650; -8.000
    Official languages13 national languages[2][3]
    Working language
    Spoken languages
    Ethnic groups
    Religion

    (2021)[7]

    Demonym(s)Malian
    GovernmentUnitarypresidential republic under a military junta[8]

    • President

    		Assimi GoĂŻta (interim)

    • Prime Minister

    		Abdoulaye MaĂŻga (interim)
    LegislatureNational Assembly

    • Gao Empire

    		c. 7th century

    • Mali Empire

    		c. 1235

    • Songhai Empire

    		c. 1430s

    • Establ