AGP Executive Report
Last update: 3 hours agoDigital Banking & Islamic Finance: Bahrain Islamic Bank (BisB) becomes the first bank in the Kingdom to offer Sharia’a-compliant financing via BENEFIT’s BenefitPay consumer lending marketplace, with BisB owning credit decisions and BENEFIT powering the digital journey. AI & Personal Finance Trust: A Gallup poll finds about 1 in 5 Americans who sought financial advice used AI, but overall trust is low—only ~3% say they trust AI “a great deal,” while most rely on internet research over professional advisers. Crypto Market Pulse: CryptoQuant says equity perpetual futures volume on major exchanges hit about $250B in July, up 17x in three months, with Binance still dominating at ~76% of volume. Public Finance Reform: Iraq plans its first program-and-performance budget, tying spending to measurable results as it restructures expenditure management amid economic pressure from the Strait of Hormuz closure. Fintech Funding & Growth: New Zealand’s venture-backed tech ecosystem is valued at NZ$133B, but the report flags a key question: whether the country retains the broader benefits of its successes. Banking/Infrastructure Pipeline: GMR says it’s still waiting on government clearances to move forward on the long-delayed Sangley Point International Airport project in Cavite, while running traffic and financial studies.
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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