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Which City Launches World's First Air Taxi Service at World Government Summit 2024?
A)
Paris, France
B)
Dubai, United Arab Emirates
C)
New York, United States
D)
London, United Kingdom

Correct Answer :   Dubai, United Arab Emirates


World Government Summit 2024, Dubai has unveiled groundbreaking agreements to introduce the world’s inaugural air taxi service, setting a new standard in urban transportation. This initiative, centered around the innovative Joby Aviation S4 aircraft, promises to revolutionize Dubai’s cityscape with its electric-powered, environmentally friendly design.

Key Features of the Joby Aviation S4 :

* Capacity : Designed to comfortably accommodate four passengers and a pilot.
* Propulsion : Equipped with six propellers powered by four battery packs.
* Range : Boasts a maximum range of 161 km and a top speed of 321 km per hour.
* Vertical Take-off and Landing (VTOL) : Ideal for urban settings, minimizing space requirements and noise pollution.
* Sustainability : Zero operating emissions and swift recharge between flights.

Benefits of the Air Taxi Project :

* Reduced noise levels and enhanced passenger convenience.
* Sustainable and eco-friendly urban mobility solutions.
* Seamless integration into Dubai’s urban landscape.
* Commencement of operations slated for 2026, marking a significant milestone in Dubai’s urban mobility transformation.


UAE Signs Key Agreements on Investments and Taxation

* Alongside the air taxi initiative, the UAE, represented by the Ministry of Finance, has inked crucial agreements at the World Government Summit 2024, focusing on investment encouragement, taxation, and international cooperation.

Investment and Double Taxation Avoidance Agreements :

* Signed agreements with Kuwait, Bahrain, and Egypt, aimed at fostering investment protection and avoiding double taxation.
* Strengthening economic ties and promoting cross-border investment flows.


Source : AIR

Published On : February 14, 2024
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