Move over Star Wars – the future of flying is set to play out in the skies over Dubai.
With enough space for a pilot and four passengers, and with expected speeds of up to 322kph, Joby Aviation’s flying taxis – or electric vertical take-off and landing (eVTOL) aircraft – could revolutionise not only air travel but the travel industry in general.
Dubai is one of the first cities in the world to commit to using flying taxis and work is under way to build vertiports or launch pads at four locations across the emirate.
But while some of the first commercial experiences of the flying taxis are expected to play out in Dubai, the building of these game-changing vehicles is happening in a surprising part of the world: last month, Joby Aviation announced a new, $500 million facility to build its eVTOLs – not in California, where it is headquartered, but in corn country in south-west Ohio.
The new plant, to be constructed close to an airport outside the city of Dayton, will employ up to 2,000 people and pump out 500 aircraft a year. Joby Aviation hopes to launch commercial flights in 2025.
But why Ohio, thousands of kilometres from established tech centres in Silicon Valley or New York?
The answer partly lies in history. America’s first plane factory was built by Orville and Wilbur Wright in Dayton in 1910, where the brothers turned out four planes a month.
Several years prior, the Wright brothers became the first people to successfully fly a manned aircraft at Kitty Hawk, North Carolina, changing the course of human history.
“Dayton has a tremendous history in aviation – it’s the birthplace of flight where the Wright brothers worked to develop and test their revolutionary aircraft,” a Joby Aviation representative told The National.
Tradition aside, Dayton and surrounding cities have long-standing aviation infrastructure.
Wright-Patterson Air Force Base, the largest single-site employer in Ohio, has attracted a growing ecosystem of aviation and aerospace start-ups and other companies in recent years.
Dubai's flying taxi could connect emirate's major tourist spots – video
The US Air Force Research Laboratory, a key military research and development facility that is headquartered at the base, has played a key role in developing the flying taxis.
“We received tremendous support in Ohio at every level of the community. We have a history here, working in Ohio since 2020 through our [Department of Defence] contract,” the Joby Aviation representative added.
“The existing talented workforce played an important role, as did our ability to secure a site that’s on an airport, with an initial facility built and ready to go that is close to Wright-Patterson.”
Perhaps just as consequential are the generous tax breaks the state has promised Joby, thought to amount to more than $200 million through a range of programmes and avenues.
Ohio beat out bids from North Carolina, Michigan and California to host the new plant.
Joby has been testing its aircraft alongside Nasa engineers in Ohio for years. In nearby Springfield, the US Air Force has been involved in building a new National Advanced Air Mobility Centre of Excellence, which will serve as a working home for companies from South Korea and elsewhere.
The company’s stocks have soared in recent months since the US Federal Aviation Administration approved its flying taxis for initial testing. In 2020, the company received funding from Saudi Arabia's Jameel Investment Management Company.
But none of this means the revolution in transport will be quick and painless.
Like any airborne vehicle used commercially, safety requirements and regulations are likely to be extremely high.
Meeting such requirements is likely going to require highly educated and skilled workers, whether they are trained in-house or at local colleges and universities. Some experts believe that may be a challenge.
“I think a lot of these roles are going to be a lot more high-tech than what it was in the past,” said Annelies Goger of Brookings Metro, a Washington-based think tank, referring to the factories that built vehicles across the Midwest throughout the 20th century.
“The challenge is going to be how you find people who have skills.”
The history and culture of manufacturing in America’s Midwest may help: with world-leading vehicles and other technology produced in the industrial heartland for decades, there is an ingrained culture of production and innovation – at least among older residents – that companies such as Joby may look to revive when it comes to recruiting talent.
“Given the dynamics of the labour market right now and the demographics that younger generations are smaller than baby boomers, it’s going to be interesting to see how they message and recruit people and how they market the plant,” Ms Goger said.
Meanwhile, Joby Aviation has been moving closer to its end goal of getting paying passengers into its aircraft and into the skies.
Last month, it announced the delivery of its first aircraft to the US Air Force. This month, it released footage of the first manned flights of its eVTOLs in California – until now, the aircraft had been controlled remotely from engineers on the ground.
The company was recently feted as a solid investment stock, and a partnership with Delta Air Lines that would give customers travelling in New York and Los Angeles the opportunity to use the flying taxis to get to and from airports is sure to garner headlines.
From their eternal resting places on a hillside in Dayton, the original aviators, the Wright brothers, must surely be proud.
UAE currency: the story behind the money in your pockets
UAE currency: the story behind the money in your pockets
Frankenstein in Baghdad
Ahmed Saadawi
Penguin Press
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UPI facts
More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions
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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
Timeline
2012-2015
The company offers payments/bribes to win key contracts in the Middle East
May 2017
The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts
September 2021
Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act
October 2021
Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence
December 2024
Petrofac enters into comprehensive restructuring to strengthen the financial position of the group
May 2025
The High Court of England and Wales approves the company’s restructuring plan
July 2025
The Court of Appeal issues a judgment challenging parts of the restructuring plan
August 2025
Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision
October 2025
Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange
November 2025
180 Petrofac employees laid off in the UAE
Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
Hotel Silence
Auður Ava Ólafsdóttir
Pushkin Press
More from our neighbourhood series:
The Buckingham Murders
Starring: Kareena Kapoor Khan, Ash Tandon, Prabhleen Sandhu
Director: Hansal Mehta
Rating: 4 / 5
Cricket World Cup League Two
Teams
Oman, UAE, Namibia
Al Amerat, Muscat
Results
Oman beat UAE by five wickets
UAE beat Namibia by eight runs
Namibia beat Oman by 52 runs
UAE beat Namibia by eight wickets
Fixtures
Saturday January 11 - UAE v Oman
Sunday January 12 – Oman v Namibia
The Voice of Hind Rajab
Starring: Saja Kilani, Clara Khoury, Motaz Malhees
Director: Kaouther Ben Hania
Rating: 4/5
Mobile phone packages comparison
What vitamins do we know are beneficial for living in the UAE
Vitamin D: Highly relevant in the UAE due to limited sun exposure; supports bone health, immunity and mood.
Vitamin B12: Important for nerve health and energy production, especially for vegetarians, vegans and individuals with absorption issues.
Iron: Useful only when deficiency or anaemia is confirmed; helps reduce fatigue and support immunity.
Omega-3 (EPA/DHA): Supports heart health and reduces inflammation, especially for those who consume little fish.
Key facilities
- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
- Premier League-standard football pitch
- 400m Olympic running track
- NBA-spec basketball court with auditorium
- 600-seat auditorium
- Spaces for historical and cultural exploration
- An elevated football field that doubles as a helipad
- Specialist robotics and science laboratories
- AR and VR-enabled learning centres
- Disruption Lab and Research Centre for developing entrepreneurial skills
The specs
Engine: 8.0-litre, quad-turbo 16-cylinder
Transmission: 7-speed auto
0-100kmh 2.3 seconds
0-200kmh 5.5 seconds
0-300kmh 11.6 seconds
Power: 1500hp
Torque: 1600Nm
Price: Dh13,400,000
On sale: now
'Laal Kaptaan'
Director: Navdeep Singh
Stars: Saif Ali Khan, Manav Vij, Deepak Dobriyal, Zoya Hussain
Rating: 2/5
The specs
Engine: 2.0-litre four-cylinder turbo
Power: 178hp at 5,500rpm
Torque: 280Nm at 1,350-4,200rpm
Transmission: seven-speed dual-clutch auto
Price: from Dh209,000
On sale: now
Boulder shooting victims
• Denny Strong, 20
• Neven Stanisic, 23
• Rikki Olds, 25
• Tralona Bartkowiak, 49
• Suzanne Fountain, 59
• Teri Leiker, 51
• Eric Talley, 51
• Kevin Mahoney, 61
• Lynn Murray, 62
• Jody Waters, 65
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VEZEETA PROFILE
Date started: 2012
Founder: Amir Barsoum
Based: Dubai, UAE
Sector: HealthTech / MedTech
Size: 300 employees
Funding: $22.6 million (as of September 2018)
Investors: Technology Development Fund, Silicon Badia, Beco Capital, Vostok New Ventures, Endeavour Catalyst, Crescent Enterprises’ CE-Ventures, Saudi Technology Ventures and IFC
Dhadak 2
Director: Shazia Iqbal
Starring: Siddhant Chaturvedi, Triptii Dimri
Rating: 1/5
The specs
Engine: 2.7-litre 4-cylinder Turbomax
Power: 310hp
Torque: 583Nm
Transmission: 8-speed automatic
Price: From Dh192,500
On sale: Now
Global state-owned investor ranking by size
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United States
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China
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UAE
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Japan
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Norway
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Canada
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Singapore
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Killing of Qassem Suleimani
Off-roading in the UAE: How to checklist
Sri Lanka-India Test series schedule
1st Test July 26-30 in Galle
2nd Test August 3-7 in Colombo
3rd Test August 12-16 in Pallekele
'Munich: The Edge of War'
Director: Christian Schwochow
Starring: George MacKay, Jannis Niewohner, Jeremy Irons
Rating: 3/5
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Key features of new policy
Pupils to learn coding and other vocational skills from Grade 6
Exams to test critical thinking and application of knowledge
A new National Assessment Centre, PARAKH (Performance, Assessment, Review and Analysis for Holistic Development) will form the standard for schools
Schools to implement online system to encouraging transparency and accountability
More from Rashmee Roshan Lall
THE SPECS
Engine: 1.5-litre
Transmission: 6-speed automatic
Power: 110 horsepower
Torque: 147Nm
Price: From Dh59,700
On sale: now
Her most famous song
Aghadan Alqak (Would I Ever Find You Again)?
Would I ever find you again
You, the heaven of my love, my yearning and madness;
You, the kiss to my soul, my cheer and
sadness?
Would your lights ever break the night of my eyes again?
Would I ever find you again?
This world is volume and you're the notion,
This world is night and you're the lifetime,
This world is eyes and you're the vision,
This world is sky and you're the moon time,
Have mercy on the heart that belongs to you.
Lyrics: Al Hadi Adam; Composer: Mohammed Abdel Wahab