US-Iran Gulf Tensions: The US military shot down two Iranian one-way attack drones threatening Strait of Hormuz shipping, after earlier strikes on Iranian coastal radar sites near Goruk and Qeshm. Bahrain & Kuwait Under Fire: Iran fired ballistic missiles at Bahrain and Kuwait; Bahrain reported interceptions and condemned the “blatant aggression,” while Kuwait said missiles and drones were intercepted. Frozen Assets for Reconstruction: US Treasury Secretary Scott Bessent has directed officials to assess Gulf repair costs and is considering using Iranian assets to fund rebuilding and repairs for damage already done and any future destruction—an idea that could complicate fragile US-Iran ceasefire talks. Mediation Push: Pakistan’s interior minister Mohsin Naqvi arrived in Tehran as indirect negotiations continue. Bahrain Investment Momentum: Bahrain EDB wrapped up a Spain and Switzerland investor tour, targeting financial services, manufacturing, logistics and fintech/digital assets. Bahrain Markets: Bahrain Bourse listed companies posted a 17.6% Q1 net profit rise, led by Alba’s sharp earnings jump. Aviation & Connectivity: Gulf Air is finalising a new 10-year strategy from Bahrain, aiming for a “signature, premium, connector” model with faster connections. Youth & Skills: Bahrain highlighted youth leadership in innovation and the digital economy at a GCC Youth Forum. Education Milestone: RVIS celebrated its Class of 2026 graduation at Bahrain National Theatre.