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Joby Aviation Set to Launch An Air-Taxi Service in Dubai By 2026Joby Aviation ( NYSE:JOBY ), a pioneering air-taxi company based in California, has unveiled plans to launch regular air-taxi services in Dubai by 2026. This ambitious endeavor marks a significant leap forward in the evolution of urban mobility, positioning the United Arab Emirates (UAE) at the forefront of cutting-edge transportation technology. The agreement between Joby Aviation ( NYSE:JOBY ) and the Dubai government represents a historic partnership aimed at revolutionizing the way people move within cities. With operations set to commence as early as next year, Joby ( NYSE:JOBY ) is poised to establish the world's first regularly operating air-taxi service, heralding a new era of aerial transportation. Joby's remarkable journey towards this milestone has been characterized by a series of pivotal achievements. Notably, the company's innovative air-taxi design was showcased in 2021, highlighting its superior noise reduction capabilities compared to conventional vertical takeoff and landing vehicles. June 2023 witnessed a significant milestone as Joby secured a crucial permit from the Federal Aviation Administration (FAA) for flight testing in the United States, underscoring its commitment to safety and regulatory compliance. September saw Joby ( NYSE:JOBY ) advancing its production capabilities with the commencement of construction on an aircraft production facility in Ohio, laying the foundation for scalable manufacturing of its revolutionary air taxis. In November, the company made history by conducting the first-ever air taxi flight in New York City, demonstrating the feasibility and potential of urban aerial mobility. The planned launch of the air-taxi service in Dubai promises to redefine urban transportation, offering unparalleled speed, convenience, and efficiency to passengers. Several strategic locations have been identified as takeoff and landing zones, including Dubai International Airport (DXB), Palm Jumeirah, Dubai Marina, and Dubai Downtown, ensuring seamless connectivity across the city. Equipped to accommodate a pilot and up to four passengers, Joby's air taxis boast impressive capabilities, capable of reaching speeds of up to 200 mph. This remarkable speed translates to unprecedented time savings, with a journey from Dubai International Airport to Palm Jumeirah reduced to a mere 10 minutes, compared to the current 45-minute car journey. The announcement has sparked significant investor enthusiasm, with Joby Aviation's stock ( NYSE:JOBY ) surging over 6% in premarket trading to $6.33 per share, reflecting growing confidence in the company's disruptive potential and transformative impact on urban transportation. As Joby Aviation ( NYSE:JOBY ) continues to push the boundaries of innovation and collaboration, its visionary pursuit of a sustainable, efficient, and accessible urban air mobility ecosystem holds immense promise for cities worldwide. With the skies of Dubai set to be transformed by the advent of air taxis, the future of transportation has never looked more exhilarating or closer within reach. In summary, Joby Aviation's ( NYSE:JOBY ) bold venture in Dubai represents a monumental stride towards realizing the vision of a seamless, interconnected urban transportation network, propelling humanity towards a future where the sky is no longer the limit.
NYSE:JOBYLong
by DEXWireNews
Looking PositiveBayanat is showing us good signs that now its ready to start a fresh trend to the upside. With todays closing bulls are holding at very good level they have a very good chance to crush sellers and shoot up the price. If it opens with a gap down then this will discourage the buyers and we will wait for another bullish candle to take any entries. For now ideal scenario will be if it opens flat and break and hit the first target then again spends few days right at the resistance and make a new move to the upside. Hit like & follow guys;)
BLong
by stalkstock
Still BullishTrend Identification Still the up trend is intact, after the strong move from 2.35 zone qholding is now under correction but i think very soon bulls will regain the control. For now its just trading within the channel. Breakout Soon i am expecting a breakout, once the price closes above 3.70 i think people will start reentering this stocks with good volumes. For the last 3 weeks we are seeing thin volumes and low trades in this stock. Buy & hold Strategy I am still holding my position for the last 3 weeks, I am waiting for the breakout will sell around 4 Hit like & follow for more updates ;)
QLong
by stalkstock
SELL ADAVIATIONDear Emirati Traders, it's been a while since I last posted about UAE Markets. On ADAVIATION, you can see that the price is heading down after pullingback twice on the sell zone and went around the resistance level we have at 7.88 before taking his way down to the level 0.5 of the pitchfork, as you can see on the chart, today the stock closed below the 0.5 level, to sell you must wait for a confirmation to get a good selling position. The comment section is all your for further questions!
ADX:ADAVIATIONShort
by YassineAnalysis
Trend is IntactOverall Trend DFMGI is in a strong uptrend, as we see on the chart it have hit the resistance area of 4100 that is psychological and technical resistance. Its been going side ways for about 2 weeks not this is a good indication that bulls are still defending the support zone. Breakout Coming week which will be very crucial as more data will be coming out from CHINA, as well see all eyes are on Yuan & the giant real estate Evergrande that have filled bankruptcy in the USA. Traders & investors will be closely watchin g for signals to take positions respectively. If the data are positive, if there is any sign of relief i think market will break the resistance of 4100 points else it will break the support of 4040-4000 points. Fundamentals UAE's economy is very sound and progressing with strong real estate demand that is coming form India, Russia, Israel & UK also not to forget the booming tourism sector everything is aligned for flourishing economy and we are seeing its reflection in the market. IPO New Listings are expected later in this year, with the boom of IPO in the middle east people are still having more appetite for IPO's RoadShow Dubai Financial Market have recently done a roadshow and its attracting many eye balls. Fund managers are already having easy access to the market which is also another factor stock prices are pumping high. Conclusion I am very bullish on this market and i think very soon dfmgi will be around 4500 points.
DFM:DFMGILong
by stalkstock