AGP Executive Report
Last update: 11 hours agoUK Retail Pulse: ONS data shows retail sales volumes rose 1.0% in June, helped by hot weather, promotions and World Cup demand, with online sales hitting the highest share since spring 2021. Dubai Property: MERED reports 87,800 off-plan transactions worth AED 291.7bn in H1 2026, with off-plan making up 71% and a delivery pipeline of 31,000 units by 2030. Energy & Grid Stability: In Luzon, Meralco is still procuring gas-fired power from Sta. Rita after a contract expiry, under DOE orders to avoid supply shortages—at higher costs. Banking: Philippine National Bank lifted first-half net income 17% to ₱14.6bn as loan growth and lower deposit costs improved profitability and credit quality. Consumer Protection: Qatar’s MoCI says it preserved over QR7.9m in consumer financial rights and resolved 13,408 complaints with a 99.7% completion rate, mostly via digital channels. Market Risk Mood: Oil back above $100 on Middle East supply fears and tariff headlines is weighing on equities and inflation expectations, while gold slips. Business Disruption: Firefighters battled a major blaze at Malaysia’s Selangor Wholesale Market after methane canisters sparked explosions; crews contained it without reported casualties.
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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