AGP Executive Report
Last update: 5 hours agoUAE–India Trade & Tech: Dubai Chambers says Dubai’s non-oil trade with India hit a record AED 222.5bn in 2025 (+15%), with bilateral trade up 136.2% over the past decade, as cooperation widens into agentic AI and the digital economy. Iran Sanctions Shockwaves: US Treasury Secretary Scott Bessent unveiled “Operation Economic Outcast,” warning countries and firms to cut Iran’s “lifelines” or face secondary sanctions; Iran retaliated with threats of harsh response as the rial hit a record low. UAE Finance Watch: UAE’s top five banks’ assets rose 14% to Dh4.35tn in H1 2026, with combined net profit up 7.8% to Dh38.1bn, despite higher provisioning. Power & Infrastructure: DEWA re-engineered gas turbine maintenance, saving 229 workdays and AED 40m over seven years while improving generation availability. Business & Growth: QFC onboarded 1,135 firms in H1 2026 (+37%) to bring total registrations above 4,700. Abu Dhabi Sports & Events: F1 Etihad Airways Abu Dhabi Grand Prix 2026 is confirmed as scheduled, bringing back the race’s long-running concert tradition.
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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