AGP Executive Report
Last update: 4 hours agoPayments & Retail Flexibility in Jordan: valu Jordan teamed up with Hypermax (Majid Al Futtaim) to let shoppers use valu’s BNPL at Hypermax branches and online, aiming to make everyday purchases more affordable. Egypt Fintech Deal: eFinance agreed to buy Tamweely for about $99.8m, boosting its push into non-banking financial services like consumer finance and insurance. GCC Payments Expansion: Qatar-backed Rasmal Ventures joined Yuno’s $45m Series B to scale global payments tech, including Saudi and GCC integrations and a BNPL partnership with Tabby. Middle East Energy Diversification: Lebanon and Iraq discussed reviving the Kirkuk–Tripoli pipeline to create a Mediterranean export route and reduce reliance on Hormuz amid regional disruption. Consumer Impact via Inflation Signals: US wholesale inflation cooled in July, a sign price pressure may ease, though energy shocks remain a risk for household costs. Car Sales Hit by Conflict: Jaguar Land Rover reported weaker sales and profits tied to Middle East disruption plus a supplier fire and model wind-downs. Turkey Inflation Outlook: Türkiye’s central bank lifted its end-2026 inflation forecast to 28% citing geopolitical risks. Regional Defense Cooperation: Türkiye, Saudi Arabia and Pakistan outlined institutional mechanisms, joint exercises and deeper defense-industry cooperation under the Mecca Joint Defense Agreement.
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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