AGP Executive Report
Last update: 11 hours agoGCC Industrial Integration: Bahrain hosted the 9th Extraordinary Meeting of GCC Undersecretaries of Industry, with officials pushing faster trade and stronger supply-chain resilience, including a new localisation criterion for defining a “GCC national product” and plans for goods covered by collective customs protection. Food Safety & Enforcement: A Bahrain court jailed four people over a scheme involving expired food products after expiry dates were fraudulently altered, ordering confiscation and destruction of the goods and closure of the company for six months. Municipal Regulation: Food truck operators in Bahrain received a six-month grace period (June 21–Dec 21, 2026) to regularise licensing and meet health, safety and municipal standards. Port & Logistics Corridor: AD Ports launched an integrated weekly shipping corridor linking Khalifa Port (UAE) with Iraq’s Umm Qasr, aiming to boost container and Ro-Ro flows and strengthen connectivity between the Gulf, Türkiye and Europe. Infrastructure Safety Check: Bahrain’s newly opened Jasra Flyover is under review after councillors flagged a possible road “kink” linked to repeated accidents, asking the Works Ministry for guidance. Bahrain Banking Update: The Central Bank of Bahrain reported banking-sector resilience, with the combined balance sheet of retail and wholesale banks reaching $254bn, alongside higher deposits and loan growth. BIC Appointments: Bahrain International Circuit named Ahmed Sami Altajer as facilities director, bringing 15+ years of infrastructure and project oversight experience.
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