AGP Executive Report
Last update: 6 hours agoMobility & Trade: Dubai Taxi Company (DTC) signed an MoU with Ajman’s AJ Industries to expand mobility services in Ajman, combining local know-how with DTC’s digital platforms and transport operations. Smart City Finance: Dubai RTA said digital channels generated AED 5.3bn revenue in 2025 (+20.6%) with 628m transactions and 96% digital adoption. Energy Security: ADNO C plans to accelerate a West-East pipeline to Fujairah, aiming to bypass the Strait of Hormuz and lift exports toward ~3.3m bpd, targeting operations in 2027. Circular Economy Push: UAE launched the “Naseej” initiative to reshape the textile sector toward a circular economy. AI & DIFC: Positron AI opened its first international office in DIFC to scale AI inference infrastructure. Corporate Moves: e& agreed to sell a 12.5% stake in Careem Technologies to Uber for $100m, keeping 37.53% after completion. Fuel Prices: UAE petrol rose for June (Super 98 to Dh3.95/litre) while diesel fell to Dh4.33/litre. Business Expansion: AESG opened a new 25,000 sq ft Dubai headquarters as its project pipeline and headcount grow.
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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