AGP Executive Report
Last update: 8 hours agoWest Bank cash crunch: Palestinian banks in the Israeli-occupied West Bank are struggling with “too much” Israeli shekels they can’t deposit back, leaving businesses unable to convert cash into electronic balances for payments and transfers—an economic bottleneck blamed on limits set by the Bank of Israel. Belgium settlement goods ban: Ramallah welcomed Belgium’s move to block imports from Israeli settlements as aligned with international law, urging other countries to follow with investment and business restrictions. EU–Saudi economic push: The EU is seeking a broad strategic partnership with Saudi Arabia, with an emphasis on energy and wider economic cooperation, while also pointing to support for a two-state path and aid to Palestinian institutions. Jordan remittances rise: Jordan saw incoming workers’ remittances jump 14.5% in early 2026 to $2.1bn, while outward transfers rose 15%—with Palestine among the destinations. ASEAN food security focus: Malaysia’s foreign minister flagged West Asia turmoil and Gaza’s spillover, alongside ASEAN plans to strengthen rice and broader food security and supply resilience. Gaza settlement pressure: Israel declared a Gaza exclusion zone ahead of a far-right ministers’ march tied to renewed settlement demands. UNRWA funding alarm: The Arab League renewed support for UNRWA and called for urgent action to close its financial gap to protect services for refugees.
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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