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AGP Executive Report

Last update: 5 hours ago

Fintech Expansion: Saudi-UAE BNPL-to-banking player Tabby raised US$233m at a $6.5bn valuation, backed by Blue Pool Capital, and secured Saudi Central Bank consumer/SME finance licences plus a UAE stored-value licence for Tabby Cash. SME Cash Incentives (UAE): Emirates Islamic launched a AED 1.5m ($408k) SME business banking prize campaign, rewarding 21 UAE SMEs with cash prizes for growing account balances. Cross-Border Payments (GCC): Zoth’s zPayments went live on Base, targeting business payouts in local currency across 171 countries, with early corridors including the UAE, Saudi Arabia and Oman. Regional Risk & Trade: An OpEd warns that Red Sea disruptions around Bab el-Mandeb are raising war-risk costs and tightening trade finance, hitting Horn of Africa projects and prices far beyond the strait. Sovereign Credit Signal (UAE): S&P affirmed Ras Al Khaimah’s A/A-1 rating with a stable outlook, citing fiscal discipline and liquidity buffers. Fuel Pressure (Middle East): Syria saw diesel and petrol price hikes spark protests, with the government citing refined fuel supply shocks tied to wider regional conflict. Healthcare Innovation (Israel): NurExone and NanoPass will test integrating NanoPass’s MicronJet delivery platform with NurExone exosome formulations for eye and skin applications. Venture Debt (Egypt): GIZ-backed Scale It Forward added AMAN, Bokra and Erada as venture-debt partners to expand non-dilutive financing for Egyptian scaleups.

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.

AGP Wire

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Sep. 3, 2026

Defense Leadership Forum hosts small business contracting summit

AGP

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Aug. 30, 2026

NewSat wins first CIIS II task order for Iraqi Navy surveillance work

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Sep. 14, 2026

Heikki Technology touts global push for safer multi-plug extension sockets

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Sep. 14, 2026

Heikki showcases factory-direct power strip surge protectors at China hardware fair

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Money20/20 Middle East opens with a $6.5bn valuation, SAR 500m for SMEs and six new payout markets

Money20/20 Middle East opens with a $6.5bn valuation, SAR 500m for SMEs and six new payout markets

Emirates Islamic launches $408K SME cash prize campaign

Emirates Islamic launches $408K SME cash prize campaign

Emirates Islamic launches AED 1.5 million Business Banking campaign to reward UAE SMEs

Emirates Islamic launches AED 1.5 million Business Banking campaign to reward UAE SMEs


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2 hours ago

From “Made in Saudi Arabia” to “Owned in Saudi Arabia”: Saudi Arabia’s next innovation challenge is building and owning technology

GlobeNewswire, Inc.

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2 hours ago

SoftServe Establishes Local Presence in Saudi Arabia to Advance AI Innovation and Digital Transformation

GlobeNewswire, Inc.

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17 hours ago

Governor Newsom presses Secretary Wright to admit the truth: Trump had no viable plan to protect Americans from his Iran war gas and diesel price spikes

Office of the California Governor

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17 hours ago

Governor Newsom presses Secretary Wright to admit the truth: Trump had no viable plan to protect Americans from his Iran war gas and diesel price spikes

Office of the California Governor

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Sep. 14, 2026

Hainan Economic and Trade Delegation Visits Oman and Signs Memorandum of Cooperation

GlobeNewswire, Inc.

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Sep. 14, 2026

TransPerfect Legal Launches eDiscovery and Investigations Capabilities in Saudi Arabia

GlobeNewswire, Inc.

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