AGP Executive Report
Last update: 3 hours agoCanada Trade: The UAE and Canada signed a trade deal after 47 days of negotiations, alongside a new strategic partnership and agreements on energy and defence. Ottawa says the UAE plans to invest $70 billion in Canada. Family Businesses: UAE family firms make up nearly 90% of private-sector companies and contribute about 60% of GDP, officials said, as new measures focus on governance and succession. Water Infrastructure: Acwa Power signed a $478 million, 30-year deal with DEWA to develop and operate a Hassyan desalination plant producing 272,000 cubic metres of water daily. Investment: Apollo agreed to acquire a minority stake in Mubadala Capital, signalling deeper ties between the US investment giant and the UAE’s private-equity sector. Masdar also raised $600 million through a highly rated corporate blue bond. AI and Healthcare: Dubai is advancing plans for an AI campus targeting 1,000 firms and 5,000 jobs by 2030, while a new partnership aims to bring UK and African patients to UAE hospitals. Trade Expansion: The UAE and Benin exchanged a trade pact that removes tariffs on more than 3,000 Beninese products, aiming to boost exports and investment.
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