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AGP Executive Report

Last update: 8 hours ago

UAE Housing & Tax Relief: The Federal Tax Authority says VAT refund approvals for UAE nationals building new residences jumped in H1 2026 to about 4,000 applications worth AED353.5m, up 27.5% in count, with the FTA pointing to faster processing via its digital refund platform and an expanded list of eligible expenses under the “Year of Family.” Payments Modernisation: Al Etihad Payments (Jaywan) and Mastercard have launched the first Jaywan–Mastercard co-badged credit card and set up UAE-based switching and processing infrastructure, aiming to boost global acceptance and strengthen the UAE’s role as a payments hub. Renewables & Grid Stability: Masdar secured a combined $6.1bn financing package for its Abu Dhabi round-the-clock solar-plus-storage project (5.2GW solar with 19GWh BESS), positioning it as a major baseload solution for data-centre and summer demand. Energy Security Watch: ADNOC greenlit the $6.2bn Umm Shaif gas cap development, expected to unlock 600+ million scfd and support LNG growth, while regional conflict continues to raise pressure on Gulf water and energy assets. Food & Agriculture: Abu Dhabi’s “Mikhrafah” date Zakat initiative returned for its third edition, helping farmers calculate and deliver date Zakat through official channels. Mobility & Industry Tech: GreenRoad appointed Andy Bottrill as Chief Revenue Officer to scale its predictive fleet-safety platform globally, and UAE meteorology won an AI-for-Good award for satellite super-resolution that improves weather monitoring.

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.

AGP Wire

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12 hours ago

Used construction equipment market seen hitting $243B by 2035

AGP

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15 hours ago

Marygold Studio opens Dubai base to grow GCC real estate work

AGP

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Jul. 20, 2026

Atelier Raul expands Singapore logistics ahead of Dubai Art Fair 2027

AGP

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Jul. 17, 2026

TOP Ships drops Dubai real estate option and plans tanker investment

AGP


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Dubai upgrades pedestrian bridge lighting at 30 key locations across the emirate

Dubai upgrades pedestrian bridge lighting at 30 key locations across the emirate

Dubai South Business Hub Free Zone Has Become a Practical Base for Trade and Logistics Founders

Dubai South Business Hub Free Zone Has Become a Practical Base for Trade and Logistics Founders

Mubadala, Embraer forge aerospace partnership to expand UAE manufacturing and MRO capabilities

Mubadala, Embraer forge aerospace partnership to expand UAE manufacturing and MRO capabilities


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an hour ago

Luxury Car Rental Dubai Introduces Flexible Lamborghini Rental Packages Across the UAE

GlobeNewswire, Inc.

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12 hours ago

Used Construction Equipment Market Forecast: USD 243 Billion by 2035 Driven by Digital Platforms & Public Infrastructure

EIN Presswire

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13 hours ago

How BPX's BPMN 2.0 Methodology Mapped 4,000+ Enterprise Activities Across Two Industries in Under 50 Days

EIN Presswire

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12 hours ago

Engineered Wood Market to Surpass $521 Billion by 2035 as Mass-Timber Codes and Carbon Accounting Reshape Construction

EIN Presswire

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an hour ago

SWOGE Announces Community-Driven Meme Coin Expansion on Solana

GlobeNewswire, Inc.

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Jul. 20, 2026

30-Day Process Mining Sprint: BPX's Approach to Unlocking 8-15% AP Savings in Procure-to-Pay

EIN Presswire

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