AGP Executive Report
Last update: 11 hours agoCorporate Results: Oman-listed food manufacturers lifted nine-month net profit 40% to OMR22.3 million, aided by stronger sales, expanded capacity and modernised production. Investment Deal: Warburg Pincus agreed to buy a 38.51% stake in Pricol’s auto-electronics unit for about $176 million, subject to the business demerger and regulatory approvals. Digital Trade: ASEAN signed its region-wide Digital Economy Framework Agreement, setting common rules for digital trade and data protection as the bloc targets a $2 trillion digital economy by 2030. Economic Outlook: The IMF says Ghana’s recovery is taking hold, citing 6% growth last year, lower public debt and single-digit inflation, and is shifting its focus toward long-term resilience. Technology and Business: Microsoft’s outage disrupted work at Korean companies using Outlook, Teams and other services; a Greek survey also found AI readiness improving, but only 3% of businesses report measurable results. Payments: Paytm won in-principle RBI approval to operate digital wallets, but must complete required audits and secure final authorisation before resuming services.
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