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Joby Begins Construction Of Dubai’s First Vertiport For Air Taxis
Working alongside Skyports and the Dubai Road and Transport Authority, the company is targeting a 2025 launch date.
Electric air taxi firm Joby Aviation has announced the start of construction on Dubai’s first vertiport, which is set to become part of a larger air taxi network across the city. The new hub, located at Dubai International Airport, is part of a collaborative project with the Dubai Road and Transport Authority (RTA) and Skyports.
The initial vertiport at DXB is one of four planned locations that will establish a network for air taxi services, which Joby aims to launch in Dubai as early as late 2025. The other three sites are anticipated to be sited in Palm Jumeirah, Downtown Dubai, and Dubai Marina, creating a cohesive transport network across the Emirate.
“Our air taxi service in Dubai will offer tourists and residents the opportunity to experience a revolutionary travel experience, with faster movement between key destinations and breathtaking views of the city skyline,” said JoeBen Bevirt, Founder and CEO of Joby.
He added, “With the start of construction on our air taxi network, our shared vision for electric air taxi service in Dubai is coming to life. I’m grateful to His Highness Sheikh Mohammed bin Rashid Al Maktoum and to the government of Dubai for their support and commitment to innovation”.
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The new vertiport will integrate seamlessly into Dubai’s extensive and increasingly high-tech transport system, providing easy access to the Dubai Metro’s Emirates Station 2, DXB Airport, and additional parking and ground transport options.
The 3,100-square-meter, three-story facility is designed to prioritize passenger convenience and efficient movement, setting a high standard for future air travel hubs. Equipped with two take-off and landing stands, each stand will feature Joby’s Global Electric Aviation Charging System (GEACS) to enable rapid charging and conditioning of the 200mph air taxis between flights.
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NEOPAY Wants To Follow Merchants Across Channels And Borders
A controlling 65% stake in noon payments would give NEOPAY access to marketplace sellers, online merchants and the payment flows they generate.
It’s been a long time since checkouts were single defined places. A merchant might take payments at a physical register, on its own website and through an online marketplace, sometimes in more than one country. NEOPAY wants to follow those transactions wherever they happen.
The UAE payments company has entered into an agreement to acquire a 65% controlling stake in noon payments. NEOPAY already runs the acquiring infrastructure that lets merchants accept card payments, along with omnichannel acceptance and a merchant services platform. This new deal would add noon payments’ embedded payments platform, e-commerce gateway and merchant network across the UAE, Saudi Arabia and Egypt. That would considerably expand both NEOPAY’s digital commerce capabilities and its regional reach.
For merchants, the attraction is a single provider for online and in-store payments, plus faster settlements, data and analytics, and value-added financial services.
“Payments should be simple, reliable, and built for the markets they serve,” said Faraz Khalid, CEO of noon. His counterpart at NEOPAY, Vibhor Mundhada, added: “We have built a strong payments business in the UAE, and our ambition is now to take that capability across the region”. The acquisition, Mundhada added, would “expand our footprint into Saudi Arabia and Egypt” while reinforcing NEOPAY’s position at home.
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NEOPAY is also keen to point out potential payment volume increases. The company says noon payments’ integrations with marketplace sellers and online merchants create high transaction density in some of the region’s fastest-growing digital commerce segments. It also believes control of the business would give it access to those merchant relationships and payment flows, and speed up the rollout of alternative payment methods and installment options.
The combined roadmap targets faster merchant onboarding, better payment performance, tighter fraud controls and embedded financial services. The deal could also strengthen cross-border payments and settlement along key regional commerce corridors.
NEOPAY Wants To Follow Merchants Across Channels And Borders
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