AGP Executive Report
Last update: 3 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.
Perspectify News
