AGP Executive Report
Last update: 3 hours agoGlobal Finance: Dubai officials met France’s BPCE to deepen banking and investment ties, as the UAE seeks to strengthen its role as an international financial hub. Banking: Egypt’s banks grew their combined financial position to EGP 27.66 trillion in June, up EGP 774 billion from March; non-performing loans edged down to 1.8%. Business Funding: Malaysia raised financing and guarantees for smaller businesses to RM57 billion under its 2027 budget. Digital Nasional also completed a $1.27 billion Islamic financing deal. Markets & Regulation: EU finance ministers agreed on a reform of financial supervision. Sovereign Finance: Zambia is set to receive a $1.5 billion IMF loan under a new three-year deal, while Pakistan’s finance minister heads to Bangkok for IMF and World Bank meetings. Risk Watch: UNCTAD warned that the AI-driven trade boom could bring new financial risks.
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