AGP Executive Report
Last update: 10 hours agoBanking & Payments: NBB is partnering with TerraPay to widen customers’ access to international bank accounts, digital wallets and local payment systems. Bahrain Bourse has also signed an agreement to strengthen anti-money-laundering checks. Investment: Bahrain-based GFH has joined a Bridgepoint and AIP Capital venture targeting a commercial aircraft-engine portfolio worth more than $1 billion. Industry: WestPoint opened a new Bahrain factory making fibre fillings for bedding and pillows, expanding local production for Gulf markets. Digital Economy: MPs are urging Bahrain to host 6G trials, pointing to the kingdom’s compact geography and strong digital adoption as advantages for testing new technology. Jobs: Labour Ministry figures show 17,921 Bahrainis employed and 10,580 trained by the third quarter, about 72% and 71% of their respective annual targets. Economic Outlook: The IMF expects Bahrain and several other Gulf economies to face double-digit contractions in 2026 amid energy and shipping disruptions, followed by a sharp rebound if trade and production recover.
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