AGP Executive Report
Last update: 4 hours agoUAE–US Defence AI Push: The US and UAE plan a joint military AI task force in Abu Dhabi to speed development and deployment of AI for defence operations, with around 20 specialists expected to start soon. Digital Payments for Tourism: At the Top, Burj Khalifa now accepts UPI for online bookings for Indian visitors, extending UAE’s QR-based UPI merchant payments beyond in-person spending. ADNOC Retail Media: ADNOC Distribution launched “Engage by ADNOC,” a full-funnel retail media network using ADNOC Rewards first-party data across its stations. Banking Results: ADIB reported H1 growth, with revenue up to Dh6.5bn, financing rising by Dh43bn, deposits up to Dh246bn, and assets crossing Dh300bn. Capital Markets: ASB Capital was named joint lead manager and bookrunner for Ajman Bank’s $300m AT1 sukuk debut. Real Estate Data: Bayut’s H1 2026 Abu Dhabi report points to steady residential demand and resilience across key islands and communities. Trade & Logistics: DP World opened its first Saudi multi-client warehouse in Riyadh, targeting faster distribution into the Kingdom. Regional Energy Tension: Iran–Oman talks on Strait of Hormuz control face setbacks as Iran rejects Oman’s lane proposal, keeping shipping and energy risk in focus. Crypto Policy Watch: DCG urged US lawmakers to pass the Clarity Act, warning the US is losing ground to hubs like Singapore and the UAE.
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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