AGP Executive Report
Last update: 4 hours agoRegional Security: Bahrain’s Foreign Minister Abdullatif Al Zayani condemned Houthi attacks on Saudi airports and called for safe air and maritime routes, including through Hormuz and Bab el-Mandeb. In Baku, he met Israeli President Isaac Herzog to discuss strengthening the Abraham Accords as several delegations walked out of Herzog’s speech. Economic Outlook: The IMF forecasts Bahrain’s economy will contract 11.3% in 2026, as disrupted energy production and shipping outweigh gains from higher prices. The EU-GCC summit planned for Riyadh on October 24 has also been postponed amid security concerns. Development: Work on Muharraq’s first development phase is accelerating, covering 300 homes, infrastructure and restoration of heritage buildings along the Pearling Path. Business and Culture: Ithmaar Bank has partnered with Zain Bahrain to upgrade corporate customer services with AI and digital contact-centre tools. A new “Arabian Nights” fantasy series is also planned to film in Bahrain in 2027.
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