AGP Executive Report
Last update: 9 hours agoEgyptian Energy Finance: The EBRD is leading a $265 million financing package for a 1.2GW solar and 600MWh battery project in Minya, set to sell power under a 25-year agreement. Rates & Markets: The Bank of Israel held its rate at 3.25% ahead of next week’s election. Gulf shares mostly fell as US-Iran talks stalled, with Saudi lender Alinma down after reporting lower quarterly profit. Fintech & Islamic Finance: Egyptian fintech MNT-Halan began trading after an oversubscribed IPO, with a reported $775 million valuation. Global Islamic finance assets reached $6.5 trillion in 2025, and are forecast to hit $10.5 trillion by 2030. Public Finance: Iraq’s domestic debt rose 25.4% from year-end to 113.5 trillion dinars by August, adding to pressure on government financing. Investment Climate: Saudi Arabia postponed its flagship investment conference until 2027 amid Houthi attacks, underscoring the security risks facing regional business.
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.