AGP Executive Report
Last update: 3 hours agoMobility & Trade: Dubai Taxi Company (DTC) signed an MoU with Ajman’s AJ Industries to expand mobility services in Ajman, combining local know-how with DTC’s digital platforms and transport operations. Smart City Finance: Dubai RTA said digital channels generated AED 5.3bn revenue in 2025 (+20.6%) with 628m transactions and 96% digital adoption. Energy Security: ADNO C plans to accelerate a West-East pipeline to Fujairah, aiming to bypass the Strait of Hormuz and lift exports toward ~3.3m bpd, targeting operations in 2027. Circular Economy Push: UAE launched the “Naseej” initiative to reshape the textile sector toward a circular economy. AI & DIFC: Positron AI opened its first international office in DIFC to scale AI inference infrastructure. Corporate Moves: e& agreed to sell a 12.5% stake in Careem Technologies to Uber for $100m, keeping 37.53% after completion. Fuel Prices: UAE petrol rose for June (Super 98 to Dh3.95/litre) while diesel fell to Dh4.33/litre. Business Expansion: AESG opened a new 25,000 sq ft Dubai headquarters as its project pipeline and headcount grow.
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.
Perspectify News
