Microsoft-backed XYRA launches AI accounting platform for UAE businesses
Dubai-based XYRA, backed by Microsoft, has launched an AI-powered accounting and bookkeeping platform called XYRA Books. The solution bundles bookkeeping, invoicing, payroll and inventory management while handling e‑invoice management and compliance with UAE Corporate Tax and VAT.
Key points
- XYRA, backed by Microsoft, introduced an AI-powered accounting platform called XYRA Books for UAE SMEs.
- The platform automates bookkeeping, invoicing, payroll and inventory while ensuring compliance with UAE Corporate Tax and VAT.
- XYRA will demo the solution at the Dubai AI Festival 2026 on October 26th and 27th.
Founder and CEO Mr. Selvam said the platform is meant to let entrepreneurs focus on growth rather than manual admin work. XYRA plans to showcase the AI accounting suite at the Dubai AI Festival 2026 on October 26th and 27th.
Microsoft backed XYRA unveils an intuitive AI platform to transform UAE business accounting
gulftoday.ae · 22 October 2026
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