AGP Executive Report
Last update: 7 hours agoEnergy Costs: Brent crude climbed above $105 a barrel as shipping attacks revived supply concerns, threatening higher fuel and freight costs for businesses and shoppers. Iraq’s Import Prices: Iraq set its official exchange rate at 1,520 dinars per dollar after oil-export disruptions, raising the cost of imports as traders protested the devaluation. Food & Drink: Saudi poultry production topped 1.4 million tonnes, with self-sufficiency above 80%. Ceylon Tea also made its Saudi Food Show debut with a dedicated pavilion featuring six Sri Lankan exporters. Retail & Payments: Panda Retail teamed up with Spike and GoWit to expand retail media in Saudi Arabia, while Mastercard Gateway will support Tamatem Plus payments across more than 13 markets, starting with Saudi Arabia and the UAE. Trade: The UAE and Thailand concluded negotiations on a trade pact aimed at reducing barriers and widening market access.
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.