AGP Executive Report
Last update: 6 hours agoMiddle East Finance & Compliance: Region Trade Bank (RTB) in Iraq named a new international board focused on financial integrity, banking supervision, sanctions policy and payment systems, chaired by former U.S. Treasury/FATF official Marshall S. Billingslea—aimed at strengthening the region’s financial links. Jordan Jobs & Investment Push: The World Bank approved a $700m loan for Jordan’s Growth and Competitiveness DPF-II to unlock private investment, expand access to finance and speed up green and digital transition. UAE Consumer Goods Distribution: Al Khayyat Investments signed an exclusive UAE distribution deal with Aujan Coca-Cola Beverages for Rani, Vimto and Barbican, expanding route-to-market across modern trade, traditional trade, e-commerce and HORECA. Qatar Iran Talks: U.S. envoys Steve Witkoff and Jared Kushner arrived in Doha for talks on implementing an Iran war MoU, with mediators handling discussions while Iran’s delegation prepares. Turkey Inflation Snapshot: Istanbul consumer prices rose 1.14% in June; annual inflation slowed to 35.94%, with clothing/footwear down monthly but still up year-on-year. Retail Impact from Iran War: Primark’s like-for-like sales fell 2.2% as the Iran conflict hit sentiment, while Nike’s cautious outlook and weak China demand weighed on shares. Energy Cost Pressure: Ofgem’s 13% price-cap rise takes effect July 1, pushing typical UK household bills up about £221 a year—citing Middle East-driven wholesale gas volatility.
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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