Jet-powered flying taxi start-up seeks safety approval

Frankfurt: German drone start-up Lilium is seeking regulatory approval for the world’s first all-electric vertical take-off and landing passenger jet. Lilium has begun the process of securing certification for the planned five-seat air taxi from the European Aviation Safety Agency and will also commence an application with the US Federal Aviation Administration, Christopher Delbrueck, the […]

Abu Dhabi’s nominal GDP up 14.4 per cent in 2018

Dubai: The gross domestic product (GDP) of Abu Dhabi at current prices (nominal GDP) grew to Dh931 billion in 2018, up 14.4 per cent up from Dh814 billion in 2017, according to a report released by Statistics Centre – Abu Dhabi (SCAD). A breakdown of this figure shows a 35.7 per cent (Dh376 billion) increase […]