AGP Executive Report
Last update: 9 hours agoFinancial Inclusion: Egypt’s central bank is targeting 82.5% inclusion by 2030 and says international convertibility for the pound could follow within five years. Digital Banking: Iraq’s Rafidain Bank has restored salary advances through its SuperQi app, bringing short-term credit back to a major digital channel. Market Risk: Brent climbed above $117 a barrel amid fears of renewed US-Iran strikes; Egypt’s stock market also shed EGP 102 billion over the week, with small-cap shares hit hardest. Sanctions Planning: Netanyahu says Israel is preparing a blockchain-based alternative economy in case banking sanctions restrict access to conventional finance. Infrastructure Investment: The OPEC Fund approved $250 million for Türkiye’s Istanbul North Rail Crossing, part of financing of up to $500 million. FinTech Expansion: Robinhood has won a Dubai licence and plans a 2027 Middle East launch for stock and crypto trading.
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