AGP Executive Report
Last update: 3 hours agoFinancial Services: First Abu Dhabi Bank acquired Bahrain-based Yasira Financial Services, adding fund administration and trust services to its regional securities offering. Regional Connectivity: GCC states signed an agreement for a 2,117km railway linking all six members, targeting full operations by December 2030; each country will fund its own section. Bahrain and Qatar also agreed to deepen cooperation on land transport and logistics. Investment: Gateway Gulf 2026 announced $22.3 billion in deals, partnerships and strategic initiatives. Aviation: AirAsia is targeting a March 2027 launch for its Bahrain hub, subject to regional conditions. Urban Development: Muharraq City Development’s first phase is nearing completion, with 300 homes and plans for 2,000 units through private-sector partnerships. Digital Payments: BENEFIT and Keeta held fraud-prevention training for delivery drivers using BenefitPay.
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