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AGP Executive Report

Last update: 6 hours ago

SICO Profit Boost: Bahrain’s SICO says Q2 net profit jumped 48% to BD2.2m, driven by higher net investment income and a recovery in market valuations, while first-half net profit slipped 3% to BD2.8m. Duty Free Earnings Dip: Bahrain Duty Free Shop Complex reported a sharp Q2 profit fall of 64.5% to BD460,240 and a 24.8% drop in six-month net profit to BD2.25m. Government Bonds Open for Subscriptions: Bahrain Bourse begins subscriptions for Government Development Bond Issue 48 (BHD200m) with a 7% fixed return, subscription running Aug 12-13 via registered brokers, and expected listing on Aug 31. Banking Results: Bank ABC Islamic’s half-year net profit fell 40.3% to US$16.1m as expected credit losses rose; BDB Talent Push: Bahrain Development Bank launches “Nawat” to develop employees through executive education and specialised training. Youth and Media: Bahrain marks International Youth Day with calls for youth-led innovation and peace; the Information Ministry committee highlights Bahraini women’s role in national media. Compliance Deal: BENEFIT signs an agreement with AMAN to strengthen AML and financial crime prevention systems. Spying Verdict: Bahrain jails two men for spying for Iran’s IRGC.

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. 9, 2026

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

AGP

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Jul. 24, 2026

Gulf conflict reroutes flights in Europe and complicates compensation claims

AGP

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Jul. 10, 2026

Undercover expands mystery shopping services for Dubai businesses

AGP

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Jun. 17, 2026

Gulf Air renews Royal Bahrain Concours partnership for 2026

AGP


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Bahrain expresses condolences to Colombia over earthquake

Bahrain expresses condolences to Colombia over earthquake

Bahrain Duty Free Shop Complex reports Q2 and H1 financial results

Bahrain Duty Free Shop Complex reports Q2 and H1 financial results

Information Ministry committee highlights Bahraini women’s role in national media

Information Ministry committee highlights Bahraini women’s role in national media


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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. 3, 2026

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

GlobeNewswire, Inc.

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Jul. 22, 2026

Bahrain showcased sustainable urban development and housing innovation at WUF13

UN Human Settlements Program

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Jul. 23, 2026

Wasilidas & Kulik CPA PC Launches International Division to Support Middle Eastern Businesses Expanding into the USA

EIN Presswire

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Jul. 21, 2026

Mohamed Nedham Khonji Appointed Chairman of Bahrain Family Leisure Company Following Truffle Reverse Merger

EIN Presswire

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Jul. 13, 2026

New Axipro study: EU companies hire seven people to build AI for every one hired to govern it

GlobeNewswire, Inc.

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