AGP Executive Report
Last update: 2 hours agoGCC Economic Momentum: The GCC Common Market is gaining clout as an economic bloc, with GDP of about $2.4tn, sovereign wealth fund assets above $5tn and banking assets around $3.9tn, while Q2 2026 GCC-listed firms logged record $74.8bn net profits (+31.3% y/y) and first-half profits rose 23.1% to $142.81bn. Bahrain-Cyprus Trade Push: Bahrain Chamber’s first vice chairman met Cyprus Chamber leaders to revive business links, focusing on practical partnerships and investment opportunities. Oman-China Investment Zones: Oman and China discussed deeper cooperation across special economic zones and industrial clusters, with no specific deals announced. VAT Enforcement: A VAT evasion case involving unpaid dues totalling about BD52,507.6 was adjourned for judgment on Sept. 29, 2026. Traffic Rules for Takeaways: Muharraq municipal councillors proposed stopping restaurants from serving customers who double-park while waiting for orders, with fines or licensing action for repeat offenders. AI Culture in Bahrain: Bahrain’s economic affairs advisor met an AI group president to review AI initiatives aimed at building awareness and an entrepreneur-friendly AI culture. Finance & Markets: CBB’s Sukuk Al Salam issue was oversubscribed by 131%, and NBB launched a “Race from Bahrain to Malaysia” card campaign. Aviation Calendar: Bahrain International Airshow’s 8th edition was moved to Nov. 15–17, 2028. Cyber Threat Intelligence: Bahrain-based CTM360 is set to showcase next-gen cyber threat intelligence at Big SASIG 2026 in London.
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.
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