AGP Executive Report
Last update: 4 hours agoUAE-US AI push: The UAE joined 35 countries at the Pax Silica Summit in Washington to back secure AI supply chains and trusted cross-border deployment, with officials including Omran Sharaf and firms like G42, Core42 and MGX. Space industry milestone: Orbitworks says its Altair satellite—built in the UAE—will launch this autumn, marking the first time the UAE exports space tech, with a planned constellation using onboard Nvidia chips. Life sciences boost: Masdar City opened Biosphere Labs, the GCC’s first commercially scaled shared lab, with M42 and Attentive Science to expand Abu Dhabi’s biotech ecosystem. Cybersecurity warning: The UAE Cybersecurity Council urged residents to manage digital footprints more safely as global account compromises rise. Energy infrastructure: Likhitha Infrastructure won a Rs5.1bn UAE pipeline package at ASAB, due in 21 months. Mobility upgrade: Abu Dhabi plans air taxi services by end-2026/early 2027, alongside a mobility-as-a-service booking and payment platform. Healthcare finance: Burjeel Holdings priced its debut USD 500m sukuk, oversubscribed 3.2x.
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