AGP Executive Report
Last update: 7 hours agoPayments Modernisation: Oman Arab Bank marks a decade with BPC, highlighting card and payments upgrades including Visa tokenization for safer digital wallet and online transactions, plus faster self-service card issuance and broader scheme connectivity. Regional Mobility & Trade: Pakistan’s PM Shehbaz Sharif heads to Iran for Ayatollah Ali Khamenei’s funeral, then to Türkiye to push trade and investment ties. Cross-border Payments Integration: Türkiye submits a letter of intent to join SEPA, aiming to cut the cost and friction of euro cross-border transfers. Inflation Watch: Turkey’s annual inflation eases to 32.1% in June, but housing and education costs stay sharply elevated. Gulf Capital Flows: Saudi Arabia attracts $5.3bn from foreign investors into private markets in 2025, with SVC citing improved entry pathways and market infrastructure. Fintech/AI Ecosystem: Egypt’s BrainsMingle raises $400k seed funding for an AI-driven, video-first professional network. Defense Finance Push: Canada targets ~10 founding countries for a NATO-linked global Defense, Security and Resilience Bank, seeking up to £100bn in low-cost lending. Macro Risk Backdrop: UK services activity contracts again in June, with firms citing Middle East conflict-driven cost and demand uncertainty.
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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