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Bahrain Gears Up For The Fintech Revolution Summit 2024

The summit in Manama will host 750+ thought leaders, entrepreneurs, and tech experts from around the world.

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bahrain gears up for the fintech revolution summit 2024

Bahrain’s premier fintech event, the Fintech Revolution Summit is scheduled to take place on the 14th and 15th of February 2024 in Manama, Bahrain — a leading MENA financial hub.

The summit will bring together 750+ fintech experts and thought leaders to discuss trends surrounding financial technology and investment opportunities. The dedicated event is also the best opportunity to learn more about Bahrain’s Vision 2030 goal of becoming a cashless society.

Also Read: A Guide To Digital Payment Methods In The Middle East

Fintech founders, central bank officials, policymakers, entrepreneurs, investors, and academics will come together at the event to learn, discuss, and network. In addition, banking technology, cybersecurity, e-payment, forex, and payment gateway providers will also be in attendance, showcasing a host of solutions for the future of finance.

For more information about the Fintech Revolution Summit, visit the official website.

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Joby To Establish All-Electric Air Taxi Ecosystem Across The UAE

The comprehensive agreement with Abu Dhabi’s government includes a training program, infrastructure development, and a manufacturing presence.

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joby to establish all-electric air taxi ecosystem across the uae
Joby Aviation

All-electric aircraft company Joby Aviation has secured three separate agreements with departments of Abu Dhabi’s government that lay the groundwork to develop and scale air taxi services in the Emirate and beyond.

The deal was signed at the recent DRIFTx thought-leadership and exhibition platform and gave Joby exclusive rights to not only operate air taxi services in Dubai but also unlock inter-emirate services between Abu Dhabi.

joby air taxi partnership abu dhabi

Joe Ben Bevirt, founder and CEO of Joby Aviation, said: “Today’s agreement demonstrates the incredible momentum behind the adoption of clean flight across the UAE. We’re looking forward to delivering a fantastic experience for our future customers in Abu Dhabi and we’re excited to be unlocking the potential for zero-emissions flight between Abu Dhabi and Dubai. We’re grateful for the support and collaboration of our governmental partners and the entire ecosystem in Abu Dhabi and we remain deeply impressed by their commitment to building out a world-class aviation ecosystem in the Emirate”.

Joby’s all-electric aircraft went on display for the first time in Abu Dhabi’s Yas Marina at the DRIFTx event. The air taxi is designed to carry a pilot and four passengers and can reach speeds of 200 miles per hour (321 km/h). The zero-emission craft is said to have an extremely low acoustic footprint and can travel a maximum of 100 miles (161 km) on a single charge.

Also Read: Lebanese Newspaper Builds AI President To Beat Political Crisis

Once operational, Joby’s air taxi fleet would enable fast, clean travel across the UAE, with journeys between Abu Dhabi to Dubai taking just 30 minutes compared with two hours by car during peak times.

Joby continues to work closely with the UAE’s General Civil Aviation Authority (GCAA) to help the Emirates become a world leader in the introduction of air taxis. Additional testing and analysis will be required before inter-emirate travel becomes a reality, but the cutting-edge technology already appears to have great potential.

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