DIGITIZATION-

Mubadala, e& sign MoUs with Hungary’s 4iG Group: Emirati telco e& and Mubadala Investment Company signed MoUs with Hungarian telecoms and IT firm 4iG Group to explore digital infrastructure, telecom, and investment initiatives, according to a press release. The agreements were announced during President Mohammed bin Zayed Al Nahyan’s official visit to Budapest, which focused on expanding UAE-Hungary cooperation in areas such as data centers and AI.

The details: 4iG and e& will assess developing a data center in Albania to boost subsea connectivity, as well as broader infrastructure development in Hungary and the Western Balkans.

DEFENSE-

SPEAKING OF HUNGARY’S 4iG- UAE defense group Edge signed three agreements with 4iG’s Space and Defense Technologies unit, state news agency Wam reports. The MoUs outline joint development and potential local production of unmanned aerial systems, loitering munitions, air defense platforms, and drone traffic control technologies.

Which Edge products, and where? The agreements include plans to localize Edge’s SkyKnight missile system, Shadow 25 and 50 munitions, and Vega and Orion air traffic solutions in Hungary, with joint ventures under consideration to support manufacturing and sales across Nato member states and export markets in Europe and Africa.

INVESTMENT-

UAE + Tajikistan ink new aviation, tech agreements: The UAE and Tajikistan signed a bilateral aviation pact to expand air connectivity, state news agency Wam reports. This took place at the UAE-Tajikistan Business Forum in the Tajik capital Dushanbe. Further details about the agreements haven’t been disclosed yet.

ALSO- UAE-based data firm Presight AI and Tajikistan’s Smart City initiative inked an MoU focused on digital infrastructure.

Fast fact: The UAE is currently Tajikistan’s second-largest global investor, with nearly USD 1 bn deployed between 2020 and 2024. Non-oil trade between the countries rose 33% y-o-y to reach around USD 360 mn in 2024.

ALSO- UAE, US partner to fast-track patent approvals: The UAE and the US signed a joint statement of intent to launch a bilateral cooperation program that would allow the Economy and Tourism Ministry to recognize positive patent test results from the US Patent and Trademark Office, Wam reports. The initiative aims to speed up corresponding patent approvals in the UAE, particularly for industrial property rights.

REAL ESTATE-

#1- Mubadala kicks off waterfront Abu Dhabi build: Mubadala Investment Company started construction on the Al Maryah Waterfront project in Abu Dhabi, according to a press release. The project includes a sea boardwalk extension and hospitality spaces, and will serve as a public space for leisure and cultural activities when completed.

#2- Madar launches latest AED 130 mn Tulip development: UAE-based real estate firm MadarDevelopments is expanding its Tulip Oasis portfolio with a new AED 130 mn residential project in Dubai’s Majan district, according to a press release. Handover is slated for September 2026 for the Tulip Oasis 11 Residences, made up of 99 apartments one- and two-bedroom apartments along with lifestyle amenities.

The AED 1 bn Tulip pipeline: This is the firm’s eleventh build in its Tulip Oasis project, with Madar most recently launching a AED 200 mn residential development in June.

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