AGP Executive Report
Last update: 10 hours agoAI & Regulation: Bank Negara Malaysia urged “trust-first” fintech innovation, backing Open Finance from 2027 and asset tokenisation pilots, while the ECB gave eurozone banks four months to draft plans against AI-enabled cyber threats that could disrupt payments. Banking & Markets: New Zealand’s RBNZ lifted the OCR to 2.50% and signaled more hikes are possible, and Datacom said revenue rose but profit halved amid tech uncertainty. Fintech Deals & Capital: Ondas agreed to buy UAV maker DZYNE Technologies for about $876M, and Momenta debuted in Hong Kong at a valuation above HK$70B after a top-end IPO. Egypt Finance & Infrastructure: Egypt’s FRA approved 10 new non-banking financial licenses, Telecom Egypt is considering early spectrum activation in 2027, and the EGX closed higher with turnover at EGP 12.54B. Housing & Inclusion: Libya’s PM unveiled a plan to build 150,000 homes via a national housing and mortgage finance programme. Cybercrime: Libya’s financial crimes agency dismantled a major cyber-fraud ring impersonating local banks, with victims losing nearly 97,145 dinars.
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.