AGP Executive Report
Last update: 9 hours agoGeopolitics Hits Markets: Fresh US-Iran strikes and renewed Strait of Hormuz closure fears pushed Gulf stocks lower (Saudi, Dubai, Abu Dhabi, Qatar all down) while oil stayed firm, keeping risk appetite muted. Central Banking & Inflation: The ECB is set to hike rates for the first time since 2023 as Iran-war energy shocks fan eurozone inflation. Aviation Cost Shock: IATA forecasts airline profits to nearly halve in 2026, with Middle East carriers expected to post losses as fuel costs surge. Gulf Finance & Wealth: Bank of Singapore appoints Lim Leong Guan to lead private banking for the Middle East, South Asia and international from July 1 in a push for UHNW growth. Lebanon Trade Signal: Saudi Arabia lifts a five-year ban on Lebanese imports, a potential boost for Beirut’s battered economy. MENA Clean Investment: A new report flags $642bn in potential clean-industry projects across MENA, with financing momentum accelerating. West Bank Pressure: Amnesty and Oxfam renew allegations of ethnic cleansing and rising West Bank deaths, adding reputational risk for regional finance. Dealmaking in the Region: JP Morgan says it has deployed $20bn into the Gulf since the Iran war began, pointing to large postwar infrastructure needs.
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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