United States (US) Department of Defence announced the transfer of 12 Guantanamo bay prisoners to the United Arab Emirates (UAE). Reports emerged that the UAE’s intelligence service is actively creating a task force to spy on Emirati citizens. UAE aircraft will fly in the United States Air Force's red flag exercise in the US, alongside Pakistan. The UAE, in collaboration with the US, Saudi Arabia and the United Kingdom (UK), agreed upon a new plan to solve the conflict in Yemen. The UAE agreed to provide a $1 billion deposit to Egypt’s central bank. The UAE’s national bank announced that it expects the loan market to flatline. Utico Middle East, a UAE-owned utility company announced planed investment of $185 million to double its water desalination capacity.