Gulf Security & Trade Disruption: Iran fired ballistic missiles and drones at Bahrain and Kuwait, with Bahrain saying it intercepted seven missiles and the US reporting drone shootdowns and strikes on Iranian coastal radar sites—raising fresh fears for the fragile ceasefire and the Strait of Hormuz, a key oil and shipping artery. US-Iran Financial Fallout: The US Treasury is considering using frozen Iranian assets to fund Gulf reconstruction and repairs, a move that could complicate ongoing US-Iran truce talks amid Iran’s demand for asset releases. Bahrain Diplomacy: Bahrain and Kuwait condemned the attacks as “blatant aggression” and “dangerous escalation,” warning that missile strikes threaten regional stability. Bahrain Business & Investment: Bahrain’s EDB wrapped up a Spain and Switzerland investment tour, pitching the kingdom’s pro-business ecosystem to European corporates and investors. Bourse Watch: Bahrain Bourse listed companies reported a 17.6% Q1 profit rise to $549.8m, led by strong materials and diversified financials while telecom, banking and retail weighed. Youth & Innovation: The GCC Youth Forum highlighted Bahrain’s push to grow youth leadership in innovation, entrepreneurship and the digital economy. Urban Development: A proposal would redevelop a Manama car park near Bab Al Bahrain and Bahrain Financial Harbour into a modern public square with underground parking. Culture & Craft: A Bahraini handloom weaver is keeping traditional textile skills alive through a home-based loom and local training. Aviation Demand: Gulf Air expects summer travel demand to recover after Iran-war disruptions, though load factors remain slightly down.