AGP Executive Report
Last update: 7 hours agoGCC Central Banking: Bahrain chaired the 87th GCC Committee of Central Bank Governors meeting in Manama, with discussions covering GCC payment systems, banking supervision, financial technologies, cybersecurity information sharing, and anti–money laundering/terror financing cooperation. Regional Finance: GCC Secretary-General Jassim Al-Budaiwi said Gulf banking remains solid and stable, citing rising deposits and assets across the region. Bahrain Tourism Push: Bahrain is promoting its tourism investment case at Arabian Travel Market 2026 in Dubai, with a 420-square-metre pavilion featuring 28 entities and a focus on partnerships and sustainable growth. Energy Shock Risk: Oil markets stayed jittery as Saudi shut its East-West pipeline after attacks, while Strait of Hormuz tensions escalated further with reports of an IRGC strike on a U.S. unmanned vessel and renewed shipping disruption. KPMG Leadership: KPMG in Bahrain announced a leadership succession, appointing Jalil AlAali as Managing Partner effective 1 October 2026, succeeding Jamal Fakhro.
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