AGP Executive Report
Last update: 12 hours agoAlba: Aluminium Bahrain’s nine-month net profit rose 44.3% to $422 million, despite lower sales and production after the shutdown of three reduction lines amid regional disruption. SME Support: MPs have proposed emergency government-backed soft loans for struggling small businesses, aiming to ease cash-flow pressure and protect jobs. Banking: Bahrain-based Bank ABC won MENA Bank of the Year in the corporate and investment category; separately, FAB completed its acquisition of Bahrain fund administrator Yasira. Regional Connectivity: GCC states signed a railway agreement in Bahrain for a 2,100-kilometre network, with full operations targeted for December 2030. Markets: Brent crude fell below $90 a barrel for the first time since August as hopes of easing Iran tensions lifted, potentially easing pressure on regional energy costs.
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