AGP Executive Report
Last update: 2 hours agoRegional Security: UAE leaders offered condolences to Saudi Arabia after attacks on Riyadh’s King Khalid International Airport killed and injured people, as the UAE also called for stronger regional cooperation. Economy: The UAE economy grew 6.2% as non-oil sectors strengthened, while the Cabinet approved a Dh292.5 billion federal budget for 2027–29. Transport and Trade: Dubai opened the Etihad Rail station’s pedestrian bridge to the Metro; separately, Gargash Prime and JINGDONG plan a 2.5-million-square-foot logistics hub in the emirate. Finance and Innovation: The Central Bank granted Ant International two licences to expand payment services, and Sharjah launched an industrial AI accelerator offering $100,000 in prizes. Global Reach: The UAE passport retained the top spot in a 2026 global ranking, with access to 182 destinations; Abu Dhabi is set to host ADIPEC from November 2, expecting 239,000 visitors from more than 170 countries.
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