AGP Executive Report
Last update: 5 hours agoGovTech Spotlight: The World Economic Forum recognized UAE PASS as a global model for integrated digital government infrastructure, praising its shared, reusable identity approach and human-centric service delivery. Sovereign AI Compute: e& UAE and Core42 announced “Sovereign AI Compute,” offering on-demand GPU infrastructure so enterprises and government teams can build, train, fine-tune and deploy AI while keeping sensitive workloads in-country. Aerospace & MRO: Sanad reported Dh4.31bn revenue in H1 2026 (+35% YoY), driven by international demand and expansion of its asset management and end-to-end engine services. Enterprise Finance: Khalifa Fund strengthened its financing ecosystem with seven integrated programmes to support startups and SMEs across different growth stages. Banking Credit Upgrade: Fitch assigned Invest bank its first long-term issuer default rating of BBB+ (stable), citing capital, liquidity and improving performance. UAE-India Trade: RAKEZ wrapped a multi-city India roadshow in Mumbai, signing an MoU with OPPI to boost plastics trade and cooperation. Payments Push: QIIB and Visa partnered on data-led portfolio management and customer engagement initiatives across card products. Transport Cooperation: UAE participated in BRICS Transport Ministers’ meeting in India, backing priorities like sustainable transport, SAF and smart mobility research.
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