Gulf Security & Trade Disruption: Iran fired ballistic missiles and drones toward Bahrain and Kuwait, with Bahrain reporting interceptions and calling for an end to attacks that test a fragile ceasefire; the renewed shelling also fed into wider market stress as the Strait of Hormuz remained a key risk for shipping and energy flows. US-Iran Economic Pressure: The US Treasury is considering using frozen Iranian assets to help Gulf allies pay for war damage, while Trump said a potential Iran deal could be reached in “two or three days,” keeping negotiations and asset-release terms at the centre of regional business uncertainty. Port & Logistics Fallout in Bahrain: Global ocean carriers froze bookings and rerouted cargo away from Bahrain’s Khalifa Bin Salman Port after Hormuz shutdown fears and war-risk insurance pullbacks, forcing higher surcharges and complex land-bridge routing. Bahrain Digital & Telecom Push: Bahrain discussed next-generation connectivity with Huawei, focusing on 5G-Advanced to support the kingdom’s digital transformation and economic diversification. Banking Innovation: Khaleeji Bank launched “Sheikha,” Bahrain’s first AI-powered smart voice assistant for 24/7 customer support, while Khaleeji and other lenders continued sustainability messaging. Labour Market Enforcement: LMRA reported 4,003 inspection campaigns in May, detaining 129 workers and deporting 324 for labour and residency violations. Corporate & Investment Signals: Bahrain’s Cabinet welcomed Alba’s acquisition of Aluminium Dunkerque, and the Crown Prince met Atlas Merchant Capital’s CEO to stress fintech and financial-sector innovation. Tourism & Skills: Gulf Hotels Group opened registration for its 2026 summer internship programme, and Bahrain’s tourism ministry met hotel sector representatives to strengthen GCC visitor attraction plans.