AGP Executive Report
Last update: 3 hours agoUAE-Serbia Dealmaking: President Sheikh Mohamed met Serbia’s Aleksandar Vučić in Belgrade to push a Comprehensive Strategic Partnership, with focus on trade, investment, renewables and AI-linked scholarships. Telecom Growth: e& reported 9% Q2 revenue growth to Dh19.2bn and 11.6% H1 revenue growth to Dh38.1bn, as its customer base climbed to 251.5m. Finance & Markets: TAQA issued a $750m Blue Bond for water and wastewater projects, while NMDC Group posted AED14.1bn H1 revenue and AED1.6bn net profit. Payments & Tourism: Burj Khalifa added UPI for “At the Top” bookings for Indians, and e&/Emirates also expanded crypto payment options for flights. Logistics Expansion: DP World launched its first multi-client 3PL warehouse in Riyadh to boost warehousing and distribution capacity. Business Tech: IoBM unveiled the Yoojel AI ecosystem, and Utorg appointed ex-Binance marketer Andrey Urychev as CMO to accelerate expansion. Geopolitics Impacting Trade: Renewed US-Iran strikes and shipping disruptions weighed on Gulf markets, with investors watching LNG and route risks.
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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