AGP Executive Report
Last update: 5 hours agoGCC Investment: Bahrain-based Investcorp reported $11.1 billion in fundraising, investments and exits during the first nine months of 2026, with assets under management at $65.2 billion. Arcapita plans to invest a further $1.5 billion in GCC industrial and logistics property over the next two years. Banking: Arab Bank Group’s nine-month net profit rose 10% to $902 million, while SICO said it secured $1.6 billion in new business from institutional and individual investors at Gateway Gulf 2026. Egypt’s Reforms: Egypt signed a $1 billion World Bank financing deal to support reforms aimed at improving the business climate, expanding private investment and strengthening resilience. The country also raised interest rates for the first time since 2024. Saudi Financial Inclusion: A study found that widespread internet and mobile access has not translated into strong financial security: only 37.7% of adults reported formal savings, and 41.9% met the measure for financial resilience. Investor Risk: Dubai firm Hedge & Sachs faces claims from people who say they invested a combined Dh500 million and stopped receiving payments; the reported total and investors’ accounts have not been independently verified.
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