AGP Executive Report
Last update: 10 hours agoBanking Results: Etihad Bank Group posted H1 2026 net profit of JOD 70.3m, with assets up 9% to JOD 13.6bn and deposits up 11% to JOD 10.4bn, citing merger synergies and efficiency gains. Central Banking & Rates: The Bank of England held its base rate at 3.75% in a 6-3 vote, but warned inflation could rise again as US-Iran conflict keeps energy prices volatile; markets now watch for potential hikes later this year. Sanctions & Trade Finance: The US expanded Iran-related curbs targeting insurers and tankers tied to “monetising” Hormuz shipping flows, aiming to cut IRGC revenue channels. Energy Markets: Shell reported second-quarter adjusted earnings of $9.84bn and announced a $3bn buyback, attributing gains to Middle East-driven trading and price dislocation. Crypto & Payments Risk: An Israeli indictment alleged an ambulance driver spied for Iran, with payments routed via bank accounts and a cryptocurrency wallet—another reminder of how digital rails can be abused. Regional Infrastructure: Armenia said it’s ready to address Iran’s concerns over the TRIPP transport project linking the Persian Gulf to the Black Sea.
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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