AGP Executive Report
Last update: 3 hours agoBahrain’s Housing & Finance: Diyar Al Muharraq signed with Khaleeji Bank to offer financing for buyers of residential plots at Al Nuzha in the Northern Islands, with prices starting from BD77,662, while KFH-Bahrain also backed the Social Housing Innovation Conference as a Platinum Sponsor, underscoring the push for Sharia-compliant homeownership finance. Digital Housing Push: iGA is showcasing digital housing and real estate services at the Social Housing Sector 2026 summit, including eKey 2.0, e-contract registration, title deed transfers and the MyGov app, as GCC ministers approved a guide for digital housing finance platforms. SME & AI Support: Tamkeen launched an enhanced Digital Enablement and AI Programme, covering up to 50% of eligible software and services costs to help micro, small and medium enterprises adopt digital tools. Banking Leadership & Deals: AlRayan Bank appointed Usman Ahmed as Group CEO, Bahrain Bourse reviewed key capital market policies under its “Elevate” plan, and ASB Capital was named joint lead manager and bookrunner on Arab National Bank’s $750m perpetual AT1 sukuk. Regional Energy & Markets: Arab Energy Fund reported $125.4m H1 net income, while Gulf stocks closed mostly lower amid ongoing Middle East uncertainty. Transport & Tourism: Gulf Air launched its inaugural Kuala Lumpur flight, adding a new direct link ahead of the Bahrain Grand Prix branding in Malaysia. Tech Insight: Google Cloud’s Ghassan Kosta said autonomous AI adoption hinges on unlocking unstructured corporate data and adding local infrastructure capacity.
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