AGP Executive Report
Last update: 6 hours agoRegional Security: Bahrain has requested an urgent UN Security Council meeting on the Middle East, with Gulf Cooperation Council Secretary-General Jasem Albudaiwi expected to brief members. An insurer estimates the conflict has caused more than $200 billion in physical damage across the Gulf; over 80 energy facilities were hit, including in Bahrain. Business: Bahrain Chamber has appointed 147 members and advisers to 12 sector committees for 2026–2030, while Tenmou named Tamkeen, Alba and Bahrain Development Bank as partners for its MENA Angel Investors Summit on November 18. Tourism: Minor Hotels plans to open its first Bahrain properties in 2027, with two beachfront resorts adding 210 rooms at Bilaj Al Jazayer. Banking: Bank ABC reported nine-month net profit of $165 million, down 19% year on year as higher provisions weighed on results. Sport: The Bahrain International Trophy will be broadcast across more than 130 territories on 25 networks.
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