AGP Executive Report
Last update: 7 hours agoTürkiye Funds: Vice President Cevdet Yılmaz said the fund crisis poses no systemic risk: 131 funds in liquidation represent 4.6% of funds, and public money will not cover private losses. Iraq’s Dinar: The central bank reset the official rate to 1,520 dinars per dollar as war-related disruption to oil exports weighs on the currency. Qatar–Iraq Investment: The two countries agreed to establish a joint business council and reviewed 60 opportunities worth an estimated $250 billion along Iraq’s Development Road. Gulf Capital Markets: Secondary-market turnover on Bloomberg’s electronic platform nearly doubled to $40 billion in 2025 from $22 billion in 2022, as private-market investors seek liquidity amid slower exits. UAE Finance: Capital Group secured an ADGM licence to operate as an investment manager, expanding its Middle East presence. Egypt’s Reserves: The Central Bank of Egypt reported foreign reserves of $57.35 billion in September.
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