Dubai-based businessman has acquired a 10 per cent stake for Dh400 million in the Yzer Group

By Olga_Gafurova Wednesday, 21 August 2019 7:10 PM

Dubai-based businessman has acquired a 10 per cent stake for Dh400 million in the Yzer Group

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YZER Group announces the launch of its much awaited messenger app, YZER, a secure cloud-based messaging app which enables users to break the barriers of communication through automatic translation, high quality video calls, voice calls, texts, group chats and more, to any other users across any other network or country. YZER integrates the services of local mobile operators in UAE to provide individual and business users with a complete set of tools for communication in one place. Dubai business tycoon Balvinder Singh Sahni (Abu Sabah), Founder and Owner of RSG Groupof Companies, acquired a stake in YZER Group with an aim to increasing market penetration of YZER in the UAE and accelerate its growth world-wide.

The most exciting offering of this new-age messenger is its built-in YZER translator that instantly translates user messages across 16 languages to facilitate uninterrupted multi-lingual communication - one might feel they’re messaging in the same language, bridging the communications gap between users from different languages.

It is important to note that the built-in translator is also a proprietary product of the YZER Group, and the developers of the application are confident that their creation will allow people from different countries to communicate effortlessly with each other, irrespective of language. The app currently supports 16 languages from Arabic, French to Chinese, and YZER plans on taking the total number of languages to 25 by end of 2020.

Commenting on the launch, Balvinder Singh Sahni (Abu Sabah), Partner and Co-CEO of YZER Group, said “This investment is not just an investment into an application, it is an investment towards the future of UAE and is in line with the vision of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Ruler of Dubai and Vice President and Prime Minister of UAE. I see this as an opportunity that will be a key driver in bringing people and businesses closer. This application has every chance to become the most popular means of communication globally.”

Commenting on the launch, Alibek Issaev, Founder, Chairman and CEO of YZER Group, said “We are confident that we have developed a promising and technologically advanced product, and are thrilled to introduce such a dynamic product to the UAE. Moreover, the interest in the product from such a large player in the UAE market shows the high potential of the application not only in the region but also globally.”

The YZER messenger is a product of UAE and prioritizes on user data privacy and safety by guaranteeing an enhanced level of security. Everything about the application, including their star feature - the built-in translator is a proprietary product of YZER Group, ensuring that the personal information of users is not shared with any third-party entities. This security is a crucial offering amidst times of data leaking scandals that some of the biggest companies have been caught in. YZER is already available in UAE. The application is not limited to the Gulf region, it can be used by users from all over the world.

YZER is already listed on Du Website and is available for download on Android and iOS app stores.

About YZER Group:

YZER Group, founded by Alibek Issaev, includes YZER messaging application, YZER translation system and YZER payment system. YZER is a secure cloud-based messaging app with inline audio/video calls that automatically translate chats into your language with YZER translation system. YZER payment system is the group’s proprietary system for in-app purchases that will be announced soon.