Air taxies will allow passengers to travel from Dubai to Abu Dhabi in 30 mins

Air taxies will allow passengers to travel from Dubai to Abu Dhabi in 30 mins

The eVTOL aircrafts developer, Archer Aviation, has signed an agreement with the airline, Falcon

Aviation, to develop air taxi infrastructure.

2 vertiports (facilities for eVTOLs) will be built in Dubai and Abu Dhabi:

• Hotel, Atlantis, The Palm, Dubai
• Marina Mall, Abu Dhabi

The launch of the city-wide electric air taxi service in Dubai was reported earlier.

The UAE construction market was valued at $94 billion in 2023

– According to the consulting company, GlobalData.

Good growth rates are expected to continue in 2024.

In 2025-2028, the growth of the sector will exceed 3% per year.

Visa, a global leader in digital payments, has joined the Dubai FinTech Summit 2024 as a Founding Partner, with a 3-year partnership.

Madinat Jumeirah

The summit was organised by Dubai International Financial Centre (DIFC).

At the summit:

• 200+ Exhibitors
• 300+ Speakers
• 8000+ C-suite Leaders

The event will be held from May 6-7, 2024.