AGP Executive Report
Last update: 4 hours agoEmbedded SME Insurance: Mashreq is rolling out one-tap SME insurance inside its MashreqBiz banking app with Sukoon underwriting, letting businesses buy Workmen’s Compensation and Third-Party Liability digitally—aiming to cut broker paperwork and speed up coverage. SME Procurement Boost (Dubai): Dubai SME’s Emirati Supplier Programme pushed contract awards to AED1.78bn ($480m) in 2025, up 38% from 2024, with government procurement crossing AED1bn for the first time—more demand flowing into local supplier pipelines. Digital Payments for Merchants: Visa is expanding smartphone-based payments for small merchants via Visa Accept and Visa Direct, turning phones into payment hubs without extra hardware and rolling out through banks in Kenya and Ghana. Energy Efficiency Finance (Cambodia): Cambodia launched a $20m ADB-backed Energy Efficiency Revolving Fund to help SMEs invest in efficiency upgrades, targeting lower operating costs and better energy security. Fuel Price Pressure (Nigeria): Coverage highlights calls for action over persistently high petrol pump prices despite falling global crude—an issue that hits delivery costs and SME margins. Tax Digitisation Push (Pakistan): Finance Minister Muhammad Aurangzeb urged a fully digitalised tax system to reduce leakage and ease compliance ahead of FY27-28 budget planning.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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