AGP Executive Report
Last update: 5 hours agoUAE Business & Policy: Sheikh Mohammed approved the restructuring of Etihad Credit Insurance’s (ECI) board, appointing Dr Thani bin Ahmed Al Zeyoudi as chairman, a move aimed at strengthening the insurer’s governance. Market Infrastructure: Dubai’s DGCX launched a same-day gold trading contract, enabling same-day trade, settlement and physical delivery in UAE dirhams to boost price discovery and efficiency. Defence & Industry: Hanwha Aerospace signed a teaming agreement with UAE-based Generation 5 Holding to manufacture and sell the K9 155mm self-propelled howitzer across the Middle East. Water & Utilities: WABAG expanded its Gulf footprint with a UAE wastewater design-and-build deal for Ajman’s Sewage Biorefinery Plant (Phase 3) and a major desalination contract in Kuwait. People & Mobility: UAE announced a 30-day visa grace period (until July 9) for travellers affected by regional flight disruptions; the ICP also set a July 9 deadline for overstay-exemption holders. Social Rules: UAE schools backed the new Cabinet resolution restricting social media for children under 15, with age verification safeguards for platforms. Regional Trade Watch: Oman reported an OMR1.54bn trade surplus in Q1 2026, with the UAE its top non-oil export partner. Travel Services: India’s passport/visa/attestation services in the UAE pause June 26–30 as the embassy switches to a new outsourced provider.
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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