AGP Executive Report
Last update: 3 hours agoDigital Finance & Payments: AX Coin (CBB-licensed stablecoin) and ARP Digital plan to link regulated stablecoin issuance with institutional OTC liquidity and cross-border settlement rails, starting in Bahrain and the UAE. Capital Markets Connectivity: Iraq Stock Exchange went live on ADX’s Tabadul platform, expanding direct access between Abu Dhabi and Baghdad and linking multiple regional exchanges. Smart Government Services: Bahrain’s Ministry of Industry and Commerce upgraded the commercial registration (CR) ownership transfer service on Sijilat, cutting steps from six to four and migrating to Sijilat 4.0. Industry & Tech Partnerships: Almoayyed Contracting Group and Daikin opened a Daikin Experience Centre in Bahrain to showcase advanced HVAC solutions and after-sales support. Marine Monitoring for the GCC: Ecocoast was appointed Xylem’s authorised systems and service partner across the GCC, integrating YSI/Aanderaa sensing into real-time monitoring buoys for Bahrain and neighbours. Energy Security: Gulf states are seeking alternative oil and gas export routes as Hormuz risks expose pipeline and maritime vulnerabilities. Local Business & Growth: Bank NXT signed an EGP 2.1bn credit facility for automotive expansion, including a new paint plant. Education & Skills: BIS held a Grade IX parent orientation on CBSE updates, including third language and advanced subject options. Tourism & Infrastructure: Bahrain’s Housing Innovation Conference and Exhibition 2026 opens, spotlighting new projects, housing finance and digital transformation.
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