AGP Executive Report
Last update: 3 hours agoHormuz Disruption Hits Bahrain’s Costs: With the Strait of Hormuz effectively closed for months, Gulf states that normally ship food and household goods by sea are flying supplies in instead, pushing up prices for residents; Iran says talks with Oman on a new shipping lane are nearing completion but warns any deal won’t fully reopen the waterway. Bahrain Energy Efficiency Push: HRH Crown Prince and Prime Minister Prince Salman met ACWA’s chairman, reiterating Bahrain’s drive to improve energy-sector efficiency through renewables and innovation, with public-private partnerships central to delivery. Marina West Finally Moves: Bahrain’s stalled Marina West development in Budaiya was formally awarded to Sumou Holding for BD19.8m, with the Official Gazette directing registration and title-deed issuance—an overdue step for investors. TRA Consumer Protection Scorecard: TRA published its 2025 compliance priorities scorecard: Batelco and stc Bahrain led at 92%, while Zain Bahrain scored 87%, with regulators urging clearer billing and retail package transparency. New CEO at LIC International: LIC International announced Veena Khan will assume CEO/executive director duties in Bahrain on Aug 10, bringing 30+ years from LIC India. Aviation Disruptions Linked to Regional Tensions: UAE carriers’ Bahrain routes saw cancellations and limits, including Etihad cancellations and flydubai operating limited services, with passengers urged to check updates. FMD Import Ban Ripple: The Philippines temporarily banned imports of live animals and certain animal products from Bahrain and other FMD-affected countries, citing SAT1 outbreaks and border enforcement.
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