AGP Executive Report
Last update: 26 minutes agoSME Support: Bahrain Chamber says it resolved 88% of SME complaints by end-June 2026, with 55 of 62 handled and the rest referred or outside jurisdiction. Construction & Housing: Eskan Bank signed a BHD48,000 consultancy deal with Al A’ali Engineering for 72 homes (40 in Askar, 32 in Hamad Town), backing the push to accelerate housing delivery. Real Estate & Municipal Coordination: The Minister of Municipalities Affairs and Agriculture met BREDA to reaffirm private-sector partnership for urban growth and service quality. Islamic Finance Rules: AAOIFI approved in principle FAS 54 on direct costs for Sharia-compliant institutions, with formal issuance expected later this year. Trade & Investment Links: Bahrain’s Industry and Commerce minister met Korea’s ambassador to discuss expanding industrial, trade and investment cooperation; Bahrain EDB also began a UK visit to deepen investor engagement. Food & Environment: Bahrain chaired a GCC food security meeting, while the Chamber welcomed a Cabinet decision banning thin single-use plastic bags under 57 microns. Water Infrastructure: EWA says Acwa is sole bidder for the Hidd IWP seawater desalination project on a BOO basis. Logistics Watch: Reports highlight congestion at Jeddah affecting Gulf land-bridge flows, with some carriers rerouting or suspending bookings.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.