AGP Executive Report

Last update: 11 hours ago

Wage & Payroll Banking: Al Baraka Islamic Bank has joined Bahrain’s Wage Protection System (WPS), letting corporate and institutional clients manage salary payments through secure banking channels to improve payroll efficiency, transparency and compliance. Housing Allocation: MP Dr Muneer Suroor urged the Housing and Urban Planning Ministry to prioritise plots close to applicants’ home districts under the “Land and Loan” scheme to reduce disruption to jobs, schools and elderly care. IFRS 18 Prep: Bahrain businesses are being urged to start early preparations for IFRS 18 (effective for annual periods from Jan 1, 2027), with focus on how income/expense categories and management performance measures will reshape reporting. Corporate Finance & Compliance: Bahrain’s Finance Minister met UN ESCWA’s executive secretary, reaffirming cooperation on development and Sustainable Development Goals. Property Market Confidence: Marina West investors welcomed progress after the stalled project was auctioned and ownership transferred to Sumou Holding, but buyers say full confidence depends on settlement proceeds being distributed. Digital Payments & Talent: talabat Bahrain launched a “talabat Youth” internship programme for 10 Bahraini students, while CrediMax received a Visa award for highest average spend per card in Bahrain in 2025. Luxury Auctions: Mazad unveiled a curated luxury collection spanning watches, fashion, jewellery, marine craft and electric vehicles, with verified items and competitive starting prices. Energy & Shipping Shock (Regional): Oil prices climbed as Strait of Hormuz disruptions and geopolitical risks tightened supply, while the UAE suspended all trade with Iran following renewed missile fire—raising pressure on regional trade routes that matter to Bahrain-linked flows.

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.

AGP Wire

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Aug. 12, 2026

Al Salam Bank posts record H1 profit as income climbs 10.6%

AGP

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Aug. 9, 2026

Beyon Cyber becomes first Bahraini cybersecurity company to exhibit at Black Hat USA

AGP

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15 hours ago

CVMaker.ae Adds Resume, LinkedIn and Video CV Services Across the UAE

AGP

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Jul. 20, 2026

Tradloc launches GCC trade intelligence platform

AGP


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Al Baraka Islamic Bank Joins Wage Protection System for Corporate and Institutional Clients

Al Baraka Islamic Bank Joins Wage Protection System for Corporate and Institutional Clients

NBO launches SME Growth Program to support Oman’s business sector

NBO launches SME Growth Program to support Oman’s business sector

Bahrain Tourism appoints Intrepid Marketing as India trade representation partner

Bahrain Tourism appoints Intrepid Marketing as India trade representation partner

From Seoul to Manama: Bahrain’s Best Spots for Korean Beauty

From Seoul to Manama: Bahrain’s Best Spots for Korean Beauty


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Aug. 12, 2026

Al Salam Bank Sustains Its Growth Momentum as Net Profit Rises 24% in H1 2026

EIN Presswire

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Aug. 9, 2026

Beyon Cyber First Bahraini Cybersecurity Company to Exhibit at Black Hat USA

EIN Presswire

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Aug. 7, 2026

Globus Maritime Limited Reports Financial Results for the Second Quarter and Six-Month Period Ended June 30, 2026

GlobeNewswire, Inc.

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Aug. 6, 2026

Enerflex Ltd. Announces Second Quarter 2026 Financial and Operational Results

GlobeNewswire, Inc.

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Aug. 6, 2026

Lexicon Pharmaceuticals Reports Second Quarter 2026 Financial Results and Provides Clinical Updates 

GlobeNewswire, Inc.

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Aug. 3, 2026

SOLOWIN HOLDINGS’ (NASDAQ: AXG) Subsidiary AX Coin Bahrain Receives Sharia Certification for AXBHD Stablecoin

GlobeNewswire, Inc.

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