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AGP Executive Report

Last update: 11 hours ago

Macro Shock: The IMF cut its 2026 global growth forecast to 3% (from 3.5%), blaming the Iran conflict for higher oil prices, renewed inflation pressure, and a hit to trade and disinflation. Markets & Rates: Renewed US-Iran strikes rattled risk sentiment; oil jumped and gold slid as investors priced “higher for longer” rates, while S&P 500/Nasdaq futures fell. EU Trade Sanctions: EU foreign ministers meet in Brussels to weigh sanctions on goods from Israeli West Bank settlements, with options including import licensing and bans; any foreign-policy sanctions would likely require unanimity. Iraq Enforcement & Finance: Iraq’s judiciary ordered seizure of about $52.4M in assets in the Al-Jumaili corruption case, including properties and flour mills, with judicial custodians managing revenue-generating assets. Crypto/FinTech Infra: ADI Chain secured a $50M investment to expand its institutional blockchain Layer-2 network for governments, financial institutions, and enterprises, including settlement infrastructure tied to FIFA prediction markets. Regional Energy Finance: Gerald Metals closed a $50M, three-year export credit facility backed by Etihad Credit Insurance via Abu Dhabi Commercial Bank. Cyber Risk: Israel-linked reporting says Iranian cyberattacks during the war have surged, underscoring ongoing pressure on critical infrastructure.

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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2 hours ago

Iranian-American couple expands homeless meal drive from LA to nationwide

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8 hours ago

Keeta launches whitepaper on Saudi Arabia’s digital economy

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Israeli Settlers Attack CNN Journalists as They Report on Anniversary of West Bank Killing

Israeli Settlers Attack CNN Journalists as They Report on Anniversary of West Bank Killing

Egypt’s biggest developer, led by billionaire Hisham Talaat Moustafa, doubles down on tourism with plan to build one of the Middle East’s biggest hotel portfolios

Egypt’s biggest developer, led by billionaire Hisham Talaat Moustafa, doubles down on tourism with plan to build one of the Middle East’s biggest hotel portfolios

Mortgage rates see biggest monthly fall since 2024 but brokers fret over Middle East impact

Mortgage rates see biggest monthly fall since 2024 but brokers fret over Middle East impact

Summer blues for motorists as renewed conflict in the Middle East drives up the cost of oil

Summer blues for motorists as renewed conflict in the Middle East drives up the cost of oil

Dubai housing market stays resilient amid Middle East tensions; H1 residential deals touch AED 226 billion: ANAROCK

Dubai housing market stays resilient amid Middle East tensions; H1 residential deals touch AED 226 billion: ANAROCK


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11 hours ago

Ocugen, Inc. Announces Binding Term Sheet with Roots Pharmaceutical to License OCU400 Modifier Gene Therapy for Retinitis Pigmentosa in the Middle East and North Africa

GlobeNewswire, Inc.

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8 hours ago

Keeta Launches Whitepaper at LEAP East Exploring the Future of Saudi Arabia’s Digital Economy

EIN Presswire

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17 hours ago

Banned chemicals continue to endanger environmental health in the Middle East and North Africa

EIN Presswire

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9 hours ago

Space Electronics Market to Reach US$ 9.37 Billion by 2035, Supported by Increasing Space Investments

EIN Presswire

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9 hours ago

T3 Defense Subsidiary Rimon Delivers $1.1 Million Order with Major Israeli Defense Customer for Advanced Elevated Battlefield Lighting Systems

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10 hours ago

ADI Chain Secures USD 50 Million Strategic Investment to Accelerate Sovereign Digital Infrastructure for Governments and Institutions

GlobeNewswire, Inc.

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