AGP Executive Report
Last update: 2 hours agoTürkiye AI push: GITEX Ai Türkiye opens in Istanbul next month, aiming to train 10,000 AI specialists, 100,000 AI application professionals and 5 million AI-literate citizens by 2028, with 300+ exhibitors and 100 investors. SME trade enablement: Dubai South Business Hub Free Zone (DSBH) teams up with DHL Express UAE to help SMEs build export readiness via training on customs and shipping plus preferential rates. Saudi health retail deal: Cosmos Health lands an exclusive Saudi distribution agreement with Innova Healthcare for its Sky Premium Life supplements, starting with 126,000 units and targeting 5M+ over five years. Hormuz logistics strain: Diversions through the Strait of Hormuz fall to a 14-week low, but port dwell time spikes—Navi Mumbai hits 25.4 days and Turkey’s gateways also see heavy congestion—raising costs for traders. UAE industrial momentum: Ittihad reports H1 2026 revenue up 16.2% and adjusted EBITDA up 37.4%, with resilience despite Hormuz disruption. Israel defense-tech expansion: Maris-Tech wins a follow-on order from an intelligence customer already running its edge video/AI systems in the field.
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