AGP Executive Report
Last update: 2 hours agoSaudi Retail & F&B: Knight Frank says Saudi consumer spending stayed resilient in H1 2026, with POS and e-commerce up and inflation low, supporting demand for discretionary categories like jewellery and clothing. Qatar Retail Strategy: Mark & Save’s GCC model leans on direct sourcing and affordability for a highly diverse customer base, aiming to cut intermediary costs and plastic use. Hormuz Shock to Consumer Costs: Multiple reports keep tying Middle East shipping and fuel volatility to higher prices and logistics strain, with petrochemical and jet-fuel flows still sensitive to Strait of Hormuz disruptions. Iran Hardship at the Supermarket: Reports of Iranians allegedly stealing basic groceries highlight worsening purchasing power as inflation and currency pressure bite. Pakistan-Iran Energy Links: Pakistan and Iran agreed to expand electricity cooperation, including a second cross-border transmission line and more power imports. Bahrain Banking Spotlight: NBB CEO Usman Ahmed was named among Forbes Middle East’s Top 100 CEOs for 2026. Food & Retail Business Moves: Universal Robina flagged branded foods strength offsetting sugar weakness amid Middle East-linked costs, while Dangote’s refinery again topped Europe’s JetA1 supplier list.
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.
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