Dubai Taxi IPO: Company increases shares offered to retail investors

[ad_1] Dubai Taxi Company increased the total number of shares allocated to retail investors in its initial public offering, amid strong demand from subscribers. The UAE retail offer was increased…

Flying taxi firm Lilium receives EU approval for its electric jets

[ad_1] German company Lilium produces flying electric passenger drones. Lilium Lilium, a German air taxi firm, has received regulatory approval to design and operate its electric vertical takeoff and landing…

Energy billionaire’s flying taxi firm close to running out of cash

[ad_1] Vertical Aerospace is producing a five-seater flying taxi that can reach speeds of up to 200mph – Vertical Aerospace A flying taxi business owned by the billionaire boss of…

Volocopter stalls air taxi launch amid funding woes in Singapore

[ad_1] Volocopter, the German aircraft manufacturer pioneering air taxis, has put its much-anticipated air taxi launch in Singapore on hold indefinitely, reported the Straits Times.  The eagerly anticipated initiative has…

Hong Kong Taxi Drivers to Strike Over Uber’s Threat to Business

[ad_1] About 500 Hong Kong taxis will be used in a strike on Wednesday to protest the government’s unwillingness to crack down on ride-hailing services like Uber Technologies Inc. Drivers…

Dubai Taxi Company sets Dh1.8-Dh1.85 a share range for IPO

[ad_1] Dubai: With sizeable investor interest having already built up for the IPO, Dubai Taxi Company has set a price range of Dh1.8 to Dh1.85 a share, with subscription opening…

GM’s Self-Driving Car Unit Skids Off Course

[ad_1] GM’s self-driving car division was once one of the bright spots in the tenure of CEO Mary Barra. Now both of its co-founders have quit and it is grappling…

Lack of local funding partners forces Volocopter to put air taxi launch in Singapore on hold

[ad_1] SINGAPORE: The launch of Volocopter’s air taxi operations in Singapore has been put on hold indefinitely, as the pioneer of flying taxis could not secure local partners who can…

Dubai Taxi Company to offer 24.99% stake in IPO

[ad_1] Dubai Taxi Company will offer up to 24.99 per cent stake in an initial public offering, after being set up as a public joint-stock company as part of Dubai’s…

Dubai Taxi Company to offer 24.99% in Dubai’s next big IPO, subscription opens November 21

[ad_1] Dubai: Dubai Taxi Company will be offering 624.75 million shares – making up 24.99 per cent of its capital – in what is likely to be a bumper IPO,…