AGP Executive Report
Last update: 5 hours agoHealthcare Giving: Al Jalila Foundation and Easa Saleh Al Gurg Charity Foundation will donate Dh20m to Dubai Health’s Hamdan Bin Rashid Cancer Hospital, backing advanced life-safety, fire alarm and power distribution systems. Energy & Trade: ADNOC issued a fourth crude tender for June–August loading, letting buyers lift cargoes inside Hormuz (FOB from Zirku or Das Island) or via Fujairah and ship-to-ship routes, as Hormuz activity resumes. Logistics: AD Ports Group launched integrated logistics linking Khalifa Port to Umm Qasr Port in Iraq, aiming to strengthen regional corridors. Child Safety & Social Media: The UAE set a minimum social media age of 15, with strict age verification and limits for under-15s; platforms face compliance oversight and penalties. Finance & Payments: Lean Technologies launched a Pay-by-Bank suite in the UAE under Open Finance. Retail Investment: The UAE launched its first sovereign retail T-Sukuk, starting from Dh1,000. Banking: Gulf International Bank Saudi raised a $250m three-year term loan. Gold Watch: UAE gold prices moved with Fed signals, with Dubai 24K briefly slipping below Dh500/g. Aviation: Emirates adds four weekly Dubai–Accra flights from July 12.
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