AGP Executive Report
Last update: 6 hours agoCompetition Watch: The UK’s CMA has cleared the planned $3.4bn tissue joint venture between Suzano and Kimberly-Clark, with the new company set to operate across 70+ countries and include Bahrain-linked operations. Eid & Banking: Khaleeji Bank is running an Eid Al Adha promotional stand at City Centre Bahrain (May 29–June 2), offering instant prizes for new credit cards and “Al Waffer” account activity. Gold Watch: Gold prices stayed steady across the region on May 29, with Bahrain 24K at BHD 55.20 and 22K at BHD 51.50 per gram. Iran Talks Update: Reports say a US-Iran MoU could extend a ceasefire by 60 days and start nuclear talks, but Iran says no final agreement has been approved. Local Sports: Bahrain Basketball Association has parted ways with national team head coach Georgios Vovoras and his assistant, with a replacement yet to be named. Smart Parking Push: Bahrain’s solar smart parking meters rollout is still limited to parts of Muharraq, and officials are calling for a faster kingdom-wide expansion. Justice Reform: Bahrain says 207 more convicted people have had custodial sentences replaced under its alternative sentencing law, bringing total beneficiaries to 11,215. Culture & Heritage: Bahrain marked International Museums Day with events across major museums, while a new exhibition, “Flag of Love and Peace,” runs until June 13 at Amwaj Islands. Anti-Fake Media: Bahrain’s anti-corruption and electronic security body warns against sharing AI-generated personal images and videos, saying legal action will follow.
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