AGP Executive Report
Last update: 6 hours agoUAE-US Investment & Tech: Khaldoon Al Mubarak met US officials in Washington to push forward the UAE-US AI Acceleration Partnership and deepen cooperation across key sectors. Banking Snapshot: UAE banking assets rose to AED5.57tn at end-April, with credit and deposits both increasing, led by private-sector lending. Tourism Momentum: Global travel leaders told Elevate World’s Engage by Elevate that the UAE tourism rebound is set to outpace broader trends into Q4 and beyond. Property & Capital Flows: A new index ranked the UAE the world’s top property investment destination, with strong interest from regional and European investors. Circular Economy Push: Emirates said it recycled and reused 88,000kg of inflight Economy Class plastic via a closed-loop dining programme. Finance & Markets: ACME Solar concluded an INR 2,800cr QIP, with proceeds earmarked for debt reduction and balance-sheet strengthening. Business Support for SMEs: Dubai launched “SME in a Box” to help entrepreneurs start and run businesses faster at lower cost. Middle East Trade & Security: Iran claims “evidence” the UAE participated in military operations, as regional tensions continue to shape business risk.
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