AGP Executive Report
Last update: 3 hours agoSaudi Investment Push: Saudi Arabia climbed to 13th globally for FDI inflows in 2025, pulling in SR136bn and boosting net inflows by 53% as Vision 2030’s National Investment Strategy keeps attracting regional HQs and innovation-focused capital. Open Finance in the GCC: Banks across the Gulf are shifting from digitising customer access to simplifying the tech behind it, with Saudi’s Open Banking Framework and Central Bank licensing moving open finance from policy into implementation. Red Sea Energy Shock: Markets tracked fresh Middle East jitters after Yemen’s Iran-aligned Houthis attacked a Saudi oil tanker in the Red Sea, lifting Brent while investors weigh the odds of a US-Iran Strait of Hormuz reset. Riyadh Tech Spotlight: Huawei kicked off a Riyadh roadshow for the Pura 90s Series and lit up Kingdom Tower with branding, while the 12th Riyadh Economic Forum is set for October 12–14. Space & Connectivity: AST SpaceMobile said it successfully launched BlueBirds 11–13, expanding its smartphone-to-space broadband constellation. Health Tech in Saudi: KFSH reduced pediatric congenital heart surgery hospital stays by 44% using minimally invasive procedures. Wildlife Science: The King Abdulaziz Royal Reserve recorded the first confirmed nesting and breeding of the Egyptian Nightjar. Global Tech & Markets: EA’s $55bn Saudi-led takeover is complete, with reports pointing to up to $700m in annual cuts as restructuring looms.
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