Real Estate & Infrastructure: Naseej has started infrastructure works for its Amwaj Avenue mixed-use project at the entrance of Amwaj Islands in Muharraq, moving the 125,000sqm development into the construction phase with roads, utilities and essential works. Labour & Safety: Bahrain’s Labour and Legal Affairs minister carried out field inspections to enforce the summer midday work ban, targeting heat-stress prevention and compliance with the 12:00pm–4:00pm outdoor work restriction. Islamic Finance & Digital Banking: Bahrain Islamic Bank (BisB) rolled out new digital services for corporate and SME clients, including an online cash margin letter of guarantee, automated audit confirmations and fully automated Wakala account openings. Payments & Tourism Demand: Central Bank data showed visitor spending rebound in May, with foreign card payments rising to BD86.1m and point-of-sale and online payments reaching BD596.2m. Cybersecurity: K7 Security Labs warned Android users about a remote-access malware campaign impersonating Bahrain’s BH Alert app, designed to trick users into granting dangerous permissions and stealing data. Stablecoins: AX Coin Bahrain said its AXBHD stablecoin framework completed formal Sharia review by a Central Bank-licensed bureau, positioning it as a regulated, certified product. Business & Growth: STC Bahrain partnered with Iron Mountain to digitise documents and expand enterprise digital services focused on governance and data security. Regional Context: Gulf markets climbed as investors reacted to reports of a pause in potential Iran strikes, lifting sentiment around shipping and the Strait of Hormuz.