AGP Executive Report
Last update: an hour agoIslamic Finance Spotlight: A new Standard Chartered report flags Bahrain’s role in connecting Islamic capital to the next wave of growth, noting only 6% of global sukuk reaches South Asia and Africa and pointing to Bahrain’s ecosystem as a bridge for cross-border financing. Aviation & Tourism Links: Gulf Air has opened bookings for direct Bahrain–Kuala Lumpur flights from Sept 29, with extra capacity ahead of the Bahrain GP weekend at Sepang in October. Regional Connectivity: Qatar Airways will resume flights to Bahrain, Kuwait and Erbil from Aug 8, as airlines rebuild Gulf networks. Banking Recognition: NBB CEO Usman Ahmed named among Forbes Middle East’s Top 100 CEOs of 2026, highlighting leadership and transformation since taking the role in 2023. Hospitality Results: Gulf Hotels Group reported Q2 2026 net profit of BD 1.66m, down 40% year-on-year, citing a tougher regional environment. Property Pulse (Bahrain audience via region): Ajman logged 1,517 real estate transactions worth AED 1.65bn in July, with strong mortgage activity. Energy Trade Deal: Uganda and Tanzania signed an MoU with Vitol Bahrain to develop the Tanga Regional Energy Hub, expanding beyond the EACOP pipeline and targeting storage, refining support, logistics and trading. Markets Watch: Gulf bourses mostly fell as investors awaited clarity on Strait of Hormuz shipping and weighed Red Sea tanker attack reports.
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