AGP Executive Report

Last update: 12 hours ago

UAE-Ukraine CEPA: The UAE-Ukraine trade deal (CEPA) takes effect, cutting customs duties on 99% of Ukrainian imports of UAE goods and 97% of UAE-bound exports, aiming to revive non-oil trade and boost both economies through 2031. UAE Retail Payments: American Express expands in the UAE via Network International, adding acceptance across 85,000+ new locations for SME merchants. Qatar–Türkiye Space Push: Es’hailSat signs with Türksat and Thales Alenia Space for Es’hail-3/Türksat-Biruni, targeting high-speed Ka-band connectivity across MENA and beyond. Energy Cost Pressure: Nigeria signals further petrol price relief if crude stays softer, while regulators warn against profiteering despite easing Iran tensions. Food Retail Watch (UK): Sainsbury’s says grocery inflation pressure is easing but uncertainty from the Middle East conflict remains; it holds guidance as shoppers trade down. Consumer Impact (Abuja LPG): Cooking gas prices in Abuja fall to roughly N1,498–N1,650 per kg as supply improves. Labor Cost Debate (Philippines): NCR workers question a staggered minimum wage hike, arguing it won’t keep up with higher essentials costs tied to the Middle East oil shock. Aviation Demand Shift: Asia-Pacific passenger growth stays positive, but airlines cut Middle East routes and capacity amid conflict and higher jet fuel costs. Luxury Real Estate (RAK): Luxe Developers awards a AED150m fit-out contract for Oceano on Al Marjan Island, adding retail and ultra-luxury residences.

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.

AGP Wire

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9 hours ago

Cyberteq names Sara Saleeb country manager for Egypt

AGP

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12 hours ago

SOUEAST rolls out S08 DM hybrid SUV in Iraq with first public test drive

AGP

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14 hours ago

MENA Banking Excellence Awards names retail, digital and SME winners

AGP

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Jun. 29, 2026

Baby products market seen reaching $533.5 billion by 2035

AGP


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Middle East turmoil is a wake-up call for the chemicals industry to end fossil fuel dependency

Middle East turmoil is a wake-up call for the chemicals industry to end fossil fuel dependency

Voltas gears up to start AC exports to tap growing demand in Europe, Middle East

Voltas gears up to start AC exports to tap growing demand in Europe, Middle East

Delegation for 6.30.26: Quake aid — Iran powers — KIDS — Turkish troubles — TPS

Delegation for 6.30.26: Quake aid — Iran powers — KIDS — Turkish troubles — TPS

Gold Retreats as Middle East Tensions and Rate Expectations Weigh on Market

Gold Retreats as Middle East Tensions and Rate Expectations Weigh on Market

Iran, India have great potentials to expand relations: Pezeshkian

Iran, India have great potentials to expand relations: Pezeshkian


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9 hours ago

CYBERTEQ appoints Country Manager for Egypt

EIN Presswire

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11 hours ago

V Brings Premium, Free TV Channels to Viewers Across 10 MENA Markets with Screenomic’s Arabic Content Line up

EIN Presswire

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14 hours ago

MENA Banking Excellence Awards reveals Retail, Digital and SME winners

EIN Presswire

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15 hours ago

Skin Care Products Market is likely to grow at a CAGR of 3.6% through 2031, reaching US$ 241.5 billion by 2031

EIN Presswire

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Jun. 29, 2026

Oman Emerges as the Middle East's Next Logistics Powerhouse: Driving the Future of Bitumen, Petrochemicals & Shipping

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Jun. 29, 2026

Global Hair Oil Market Size to Hit USD 10 Billion by 2035 Amid Rising Demand for Natural Hair Care Products

EIN Presswire

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