AGP Executive Report
Last update: 11 hours agoUAE–Iran Pressure: The UAE Central Bank has barred Bank Melli Iran branches from conducting transactions to and from Iran, citing AML, terrorism financing and proliferation financing breaches, as wider sanctions and airline suspensions add strain. Abu Dhabi Clean Energy Push: Masdar says clean power generation rose 38% in 2025 to 40.2 TWh, while Abu Dhabi targets 35 GW solar by 2035 and up to 15 GW storage. Dubai Trade & Travel: Dubai Customs extended certain customs duty suspensions by 60 days (up to 180 total) to ease costs for eligible importers. Business & Investment: Patrizia appointed Hassan Awada to lead Mena operations from ADGM; MAIR Group agreed to buy 70% of Espressolab owner Eslab. Tech & Safety: Microsoft plans $10bn+ Middle East investment by 2030; a new report warns UAE cyber recovery plans often fail in real incidents. Community & Culture: A Deaf Youth Camp will run in Al Ain in Sept 2027 ahead of the World Federation of the Deaf Youth Camp. Entertainment: Katy Perry will headline Atlantis The Palm’s New Year’s Eve gala in Dubai on Dec 31.
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.