News
Joby To Launch High-Speed Air Taxi Service In Dubai
The agreement grants Joby exclusive rights to operate a fleet of air taxis in Dubai for six years, with operations beginning as soon as 2025.
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Electric aircraft company Joby Aviation, has announced an agreement with Dubai’s Road and Transport Authority (RTA) to introduce air taxi services in the Emirate by early 2026, with plans for initial operations as soon as 2025.
The agreement, formalized at the World Governments Summit in Dubai, grants Joby exclusive rights to operate air taxis in Dubai for six years. The partnership aims to position Dubai as a global leader in swift, environmentally friendly, and noise-conscious air travel using Joby’s groundbreaking technology.
JoeBen Bevirt, CEO and founder of Joby Aviation, commented: “It is an honor to partner with the government of Dubai to demonstrate the value of sustainable air travel to the world. Today’s landmark agreement delivers on all three ingredients required to successfully launch an air taxi service – a definitive path to operations, well-placed infrastructure supported by dedicated partners, and an aircraft with the capacity and range to deliver meaningful journeys”.
Joby has also forged an agreement with Skyports, who are tasked with the design, construction, and management of four initial vertiport sites at Dubai International Airport (DXB), Palm Jumeirah, Dubai Marina, and Dubai Downtown.
Joby’s aircraft, unveiled for the first time in the region at the World Governments Summit, is engineered to accommodate a pilot and four passengers, achieving speeds of up to 200 miles per hour for a projected travel time of just 10 minutes from Dubai International Airport to Palm Jumeirah, as opposed to the 45 minutes it takes by car.
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His Excellency Mattar Al Tayer, Director-General, Chairman of the Board of Executive Directors for RTA, also released a statement, explaining, “The air taxi service is part of RTA’s efforts to embrace future transportation technologies and offers a novel and efficient mobility option for Dubai’s residents and visitors, enabling fast, safe, and convenient travel to key city spots. This service will also enhance seamless multimodal transportation, improving citywide connectivity and ensuring a smooth travel experience for passengers”.
In the future, RTA, Joby, and Skyports will integrate the service into Dubai’s broader public transportation network. Joby has established a local operating entity to bolster its operations in Dubai and plans to predominantly hire locally for its operational team. Additionally, the company is open to localizing other global business activities in Dubai and the surrounding region.
News
Yabi Introduces AI Financial Coach For Smarter Money Moves
The app provides real-time, personalized financial guidance, helping UAE residents manage money smarter, reduce debt, and build wealth effortlessly.
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Imagine having 24/7 access to an expert financial advisor — someone who understands your spending habits, helps you save more effectively, and offers guidance for every financial decision. That’s the vision behind Yabi’s revamped platform, an AI-driven finance app designed to transform personal finance management in the UAE.
Unlike traditional budgeting tools, Yabi acts as an always-available AI advisor, analyzing your unique spending patterns and offering real-time, tailored financial advice. Whether you’re making everyday purchases, planning a big trip, or saving for a major milestone, Yabi keeps you on track and helps you make informed financial choices.
Rakhil Fernando, CEO of Yabi, explains the mission behind the platform: “Financial literacy is not optional — it’s essential. But most financial tools today feel outdated and overly complex. Yabi is here to change that by offering AI-powered financial coaching that’s smart, simple, and accessible to everyone in the UAE”.
Here are some of the updated app’s new features:
- AI-Powered Financial Coach: A 24/7 digital advisor providing real-time financial guidance based on your spending habits and available in multiple languages.
- Live Insights: Connect your bank accounts for a detailed breakdown of your expenses.
- Tailored Budgeting: Yabi creates a budget that fits with your actual spending habits rather than generic financial advice.
- Interactive Financial Education: Learn the essentials of saving, investing, and credit management through engaging content integrated into the AI experience.
- Automated Expense Tracking: Receive instant alerts on overspending, identify hidden charges, and cut unnecessary subscriptions with ease.
- Credit Score & Financial Health Monitoring: Get free credit score checks and AI-driven recommendations to enhance your financial standing.
Also Read: A Guide To Digital Payment Methods In The Middle East
Finally, Yabi is also gearing up to introduce its own debit card and a suite of financial products, making it easier to save, spend, and invest within a single platform.
Want to try Yabi for yourself? You can download the app on the Apple App Store and Google Play Store.
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