AGP Executive Report
Last update: 7 hours agoAviation: Dubai Aerospace Enterprise lifted nine-month revenue 13.2% to $1.45 billion after its Macquarie AirFinance acquisition, taking its fleet to 983 aircraft. Banking: UAE banking assets rose 4% to Dh5.815 trillion in Q3, while First Abu Dhabi Bank won board approval for a Dh15 billion rights issue to fund growth. Corporate tax collections reached Dh46.5 billion in 2025, up nearly 34%. Markets: Space42’s nine-month revenue grew 11% to $404 million, with normalized EBITDA up 30%; AD Ports reported record Q3 net profit of nearly Dh1 billion, a 64% annual increase. Trade: UAE non-oil trade reached $800 billion in the first nine months. RAKEZ and the Ministry of Foreign Trade briefed businesses on how trade agreements can cut tariffs and open markets. Property: Dubai sales jumped 18% to Dh34.8 billion, while its mortgage market topped $41 billion. Industry: UAE industrial occupancy is nearing capacity, JLL reported, pointing to resilient demand.
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