AGP Executive Report
Last update: an hour agoUAE Cybersecurity Push: The UAE Cybersecurity Council teamed up with Veeam to boost cyber resilience, training and incident recovery across the country. Banking Stability Watch: CBUAE chief Khaled Balama met UAE bank CEOs, citing strong sector health—assets up 12.9% YoY, loans up 18.8%, deposits up 13.0%, and NPL ratio down to 2.6%. Abu Dhabi Legal & Deals: Sullivan & Cromwell opened its first Middle East office in Abu Dhabi and hired Ahmed T. el-Gaili from Latham to lead the region. Dubai Courts: A Dubai real estate court ordered a firm to pay Dhs1.243m to a marketing company for unpaid marketing, sales and launch-event dues. Non-oil Growth Signal: UAE non-oil PMI stayed at 55.3 in September, with output growth the fastest since February. Cross-border Infrastructure: Jordan and the UAE broke ground on a $2.5bn Aqaba–Al-Shidiyeh–Maan railway to cut transport costs and boost phosphate and potash exports. Visa Update: UAE announced a one-year tourist residence extension for eligible foreign women after divorce or a husband’s death. Energy & Trade Risk: Aramco CEO warned global oil stockpiles are “scarily thin” and markets could worsen unless Strait of Hormuz fully reopens.
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.