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Airbus shaves 20-year demand forecast, sees quicker substitutions

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Airbus (AIR.PA) shaved its gauge for complete business plane interest by 0.5% contrasted and pre-pandemic projections on Saturday, offset by a more splendid viewpoint for vessels as jetmakers battle for debut deals of new freight planes.

Airbus refreshed the generally watched figure just before the Dubai Airshow, where a battered flying industry is faltering from the deficiency of two years’ development to COVID-19, while laying out its most recent ecological plans in the midst of developing environment pressure.

Airbus said it expected a market all out of 39,020 jetliner conveyances in the following 20 years, partially lower than the 39,213, it anticipated two years prior in its last moving estimate.

The gauge for little planes like the top of the line A320 was basically level at 29,690 units, however, the viewpoint for long stretch planes that customarily rule the district fell 3.1%.

The view repeats that of Boeing which in September cut its 20-year conveyance gauge by 1% contrasted with 2019. That tempered more prominent negativity seen from Boeing as the emergency topped in 2020.

Airbus gave somewhat more fragile figures for medium planes – an important landmark that incorporates its longest-range narrrow-body stream, the A321XLR. Its deals have been causing a migraine for Boeing at the top finish of its as of late pained 737 MAX range.

Following two years of COVID-related travel limitations, Airbus cut its figure for normal yearly development in traveler traffic more than 20 years to 3.9% from 4.3% in pre-pandemic 2019.

Traffic and aircraft benefits set the rhythm for plane requests.

“We have lost viably two years of traffic development due to the pandemic,” Airbus Chief Commercial Officer Christian Scherer said.

In any case, Airbus raised its 20-year conveyance conjecture for tankers by 2.9% to 880 units and anticipated a request soon for another A350 vessel. Boeing said it is in cutting edge conversations with likely purchasers for its new 777X tanker. peruse more

Airbus said a rising portion of complete plane conveyances is supplant flies currently in the market instead of to working with the as of late checked development plans of numerous carriers.

That accentuation reflects assumptions that aircrafts will resign less effective planes prior after COVID-19, yet additionally addresses a delicate point for the business as some natural gatherings target what they consider to be over-extension.

Airbus said 39% of conveyances would supplant more seasoned planes with higher discharges, contrasted and 36% in a prior figure.

Quicker retirements stress a few providers and lessors who dread the financially valuable existence of planes will fall, constraining them to pass up help incomes or push up deterioration costs.

Scherer excused providers’ analysis of Airbus’ arrangements to bring yield up in coming years, saying this would not flood the market yet would rather modernize armadas and check emanations.

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Dubai launches new permit to help free zone firms do business on the mainland

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Businesses in Dubai’s free zones can now trade more easily on the mainland, thanks to a new Free Zone Mainland Operating Permit announced on Wednesday by Dubai’s Department of Economy and Tourism (DET).

The move is designed to simplify and make it more cost-effective for companies to operate across jurisdictions, providing them with access to domestic trading opportunities and government contracts, previously available only to mainland-licensed firms.

“This initiative cements Dubai’s position as a benchmark for regulatory innovation,” said Ahmad Khalifa AlQaizi AlFalasi, CEO of Dubai Business Registration and Licensing Corporation. “We’re enhancing ease of doing business and opening new avenues for growth, from domestic trading to government tenders.”

What the Permit Offers

  • Cross-border flexibility: Free zone companies can now engage in mainland activities without setting up a separate mainland entity.
  • Low-cost entry: The permit costs Dh5,000 for six months and is renewable for the same fee.
  • Talent mobility: Firms can use their existing staff for mainland operations without hiring additional employees.
  • Tax compliance: Revenue earned from mainland activities will be subject to the 9% corporate tax, with companies required to maintain separate financial records as per Federal Tax Authority (FTA) rules.

Who Can Apply

The first phase of the permit covers non-regulated sectors, such as:

  • Technology and IT services
  • Consultancy and design
  • Professional services
  • Trading

Plans are in place to extend the permit to regulated sectors in the future.

Eligible businesses must have a Dubai Unified Licence (DUL). They can apply online via the Invest in Dubai (IID) platform, ensuring a quick and hassle-free process for SMEs, startups, and larger enterprises.

Big Boost for Businesses

DET expects the initiative to increase cross-jurisdiction activity by 15–20% in its first year, benefiting over 10,000 active free zone firms.

By enabling free zone companies to integrate more closely with domestic supply chains, the permit opens doors to billions of dirhams worth of government tenders and contracts, creating new opportunities for growth, innovation, and job creation.

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Sheikh Hamdan launches Dubai Founders HQ: One-stop hub for startups

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Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, on Monday launched Dubai Founders HQ, a groundbreaking initiative that consolidates the emirate’s entire startup and SME ecosystem under one roof.

The first-of-its-kind “phygital” platform combines a state-of-the-art physical campus at One Central, Dubai World Trade Centre, with a comprehensive digital ecosystem connecting founders, investors, corporates, and enablers.

The mission: 30 unicorns by 2033

Dubai Founders HQ directly supports the ambitious Dubai Economic Agenda D33, which aims to:

  • Scale 30 unicorns (startups valued at $1 billion+) from Dubai
  • Enable 400 SMEs to grow by 2033
  • Position Dubai as a global innovation powerhouse

“In Dubai, entrepreneurship is considered a key engine of comprehensive and sustainable development,” Sheikh Hamdan said during his visit to the new campus. “Supporting entrepreneurs is an investment in human potential and in our society’s capacity to innovate and move confidently towards a more prosperous future.”

More than 25 powerhouse partners already on board

More than 25 leading organisations spanning venture capital, financial services, government entities, telecommunications, and innovation hubs have joined the platform, including globally renowned ecosystem builders Endeavor and Plug and Play.

This isn’t just another co-working space, it’s a fully integrated support system designed to take startups from ideation to market leadership.

What founders actually get

Physical campus perks:

  • State-of-the-art co-working spaces
  • Event facilities and meeting rooms
  • Open collaboration areas
  • Curated networking events and workshops
  • Local art showcasing Dubai’s creative spirit

Digital platform access:

  • Curated learning library
  • Consolidated repository of Dubai’s startup ecosystem
  • Data-driven insights and connections

End-to-end services:

  • Sector-specific acceleration programmes
  • Expert mentorship and advisory
  • Direct investor access
  • Business setup and licensing support
  • Global ecosystem connections
  • Tailored venture building partnerships

Hub-and-spoke model

Dubai Founders HQ acts as the “gravitational centre” of Dubai’s innovation landscape, seamlessly connecting with free zones, accelerators, and incubators across the emirate.

Think of it as the central nervous system coordinating Dubai’s entire entrepreneurial ecosystem – eliminating fragmentation and creating a streamlined entry point for founders at every growth stage.

Strategic vision

Omar Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications, called the launch “a significant milestone in our journey to position Dubai as a global hub for digital entrepreneurship.”

Helal Saeed Almarri, Director General of Dubai Department of Economy and Tourism, emphasised the collaborative approach: “In bringing together government entities, corporates, and investors, we are creating a self-sustaining engine for innovation.”

Why it matters

For startups: Unparalleled access to expertise, funding, and support in one location

For investors: Direct pipeline to Dubai’s most disruptive businesses and talent

For corporates: Innovation partnerships and access to cutting-edge solutions

For Dubai: Accelerated path to becoming a global startup capital

Global gateway

Dubai Founders HQ also serves as an entry point for international startups and SMEs looking to access Middle Eastern markets, offering comprehensive guidance on business setup and ecosystem navigation.

Navigating bureaucracy

Dubai has consolidated years of entrepreneurial infrastructure development into one powerful platform. For founders, this means less time navigating bureaucracy and more time building world-class companies.

“Many startups have begun their journey in Dubai and grown to reach global markets,” Sheikh Hamdan noted. 

“Our aim is to make the city a platform where bold ideas can flourish and scale up.”

With 30 unicorns in its sights and an ecosystem now operating in unison, Dubai Founders HQ isn’t just supporting startups, it’s engineering them at scale.

Location: 25Hours Hotel, One Central, Dubai World Trade Centre
Partners: More than 25 venture capital firms, financial institutions, government entities, telcos, innovation hubs
Model: Physical campus + digital platform = “phygital” ecosystem

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Dubai to go cashless: 90% of payments will be digitial by 2026

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Forget fumbling for change at the souq. Dubai is accelerating its ambitious plan to go almost entirely cashless, with a major awareness campaign now underway to push digital payments across the emirate.

The numbers that matter

By the end of 2026, Dubai aims for:

  • 90% of all transactions to go digital (government and private sector)
  • Dh8 billion annual boost to economic growth
  • 100% of stores to accept digital payments
  • Top-five ranking among the world’s cashless cities

What ‘cashless’ actually means

This isn’t about abandoning money, it’s about ditching notes and coins. Banking apps, credit cards, contactless payments, and AI-driven fintech solutions will become the norm for everything from grocery shopping to government services.

The campaign kicks off

Dubai Finance has launched a wide-reaching promotional push in collaboration with government entities, leading fintech companies, and private sector partners to make the transition seamless.

Recent developments include partnerships with GDRFA (General Directorate of Identity and Foreigners Affairs) and Network International to expand digital payment channels and bring innovative solutions to the public.

DIFC leads the business switch

Earlier in 2025, DIFC and Dubai Finance teamed up to run specialised workshops helping businesses make the digital leap. The collaboration includes AI-driven initiatives designed to benefit workers, tourists, and residents through smoother payment experiences.

Who benefits?

The strategy is designed with three key groups in mind:

  • Consumers: Faster, more convenient payments
  • Merchants: Streamlined transactions and reduced cash-handling costs
  • Payment providers: Expanded market and innovation opportunities

Bartering with bills at the gold souq or hunting for loose change in your car? That’s about to become Dubai nostalgia. The city’s race to go cashless is picking up speed, and 2026 is the finish line.

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