February 14, 2024

Dubai set to launch air taxis by 2026

An agreement has been formalized between Dubai's Road and Transport Authority (RTA) and the electric aircraft company Joby Aviation, headquartered in California, to launch air taxi services in the city by 2026. Joby Aviation aims for "initial operations" to commence in 2025, with a complete service expected to be operational by 2026, as stated by the company. Mattar Al Tayer, Director-General and...

Dubai’s luxury real estate gold rush lures global elite, outpacing London, LA for $10mn+ home sales

Dubai's opulent real estate boom is attracting the world's elite, surpassing both London and Los Angeles in luxury home sales exceeding $10 million. In recent years, Dubai's upscale housing sector has experienced remarkable expansion, drawing in affluent clientele who are eager to acquire properties, leading to comparisons with well-established cities such as London and Los Angeles, as noted by real...

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