AGP Executive Report
Last update: 4 hours agoCybersecurity Watch: UAE Cybersecurity Council says it blocked “advanced” cyberattacks on the financial sector, including AI-assisted phishing, vulnerability exploits and malware attempts, and urged firms to keep systems updated and report suspicious activity fast. Fraud Alert: A new AI romance scam is impersonating a “Dubai prince,” using deepfake-style profiles and voice to lure victims into sending money or sharing sensitive details. Banking & Legal: Bank of Baroda agreed to a $600m out-of-court settlement tied to the NMC Health collapse, with payment via its Abu Dhabi branch, ending years of cross-border litigation. Markets & Deals: Adani Enterprises shares surged after announcing a ₹1.08 lakh crore aluminium JV with Abu Dhabi’s IRH in Odisha. UAE Economy Pulse: UAE non-oil private sector stayed in expansion in June, with PMI at 50.8, though tourism weakness and price pressures weighed on demand. Trade & Investment: RAKEZ wrapped a China roadshow to deepen ties in new energy and smart manufacturing, while Dubai Chambers held a Shanghai roundtable to attract Chinese investors. Business Tech: Cars24 overhauled its hierarchy under its “Flatland” model, and UAE-linked initiatives highlighted AI-ready digital services and smart housing partnerships with e&.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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