AGP Executive Report
Last update: 6 hours agoTrade & Investment: Pakistan and Qatar are forming 11 working groups to develop deals across nine sectors, including finance, logistics, IT and energy. Banking & Rates: Egypt’s central bank raised rates for the first time since March 2024, while the Federation of Egyptian Banks is exploring ways to widen access to banking. Energy Finance: Afreximbank and APPO launched the $5 billion Africa Energy Bank to help fund a sector facing an estimated $200 billion financing gap; Egyptian banker Helmy Ghazi will lead it. Gulf Capital: Oman secured RO3.09 billion in investments, while Egypt is discussing expansion plans with Qatar’s Al Mana Group. Fintech & Innovation: Hasoub CEO Maissa Ballout Shamshoum won Entrepreneur of the Year for work connecting Arab founders with investors and global markets.
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