SICO held its 2026 virtual AGM, approving a 7.5% cash dividend, endorsing 2025 financial statements, and reporting BD5.5 million ($14.6 million) net profit, with participation from regulators, shareholders, board members, and external auditors.
Foulath Holding, an industrial holding company with major steel investments and the parent company of Bahrain Steel and SULB, has announced a force majeure situation affecting certain group operations as a result of the ongoing regional conflict in the Middle East.
Kuwait International Airport was targeted by multiple drone attacks that caused significant damage to its radar system but resulted in no casualties, according to state news agency KUNA. Also the country's Mubarak Al Kabeer Port infrastructure came under a missile attack early Friday.
Bahrain's national carrier Gulf Air has announced the operation of limited repatriation flights to select destinations in the Indian subcontinent via King Fahd International Airport in Dammam, further supporting passenger travel during the temporary closure of Bahrain’s airspace.
The Saudi Ports Authority (Mawani) has announced the launch of a maritime link with Bahrain through the Gulf Shuttle shipping service operated by MSC, via King Abdulaziz Port, as part of its ongoing efforts to enhance maritime connectivity and expand shipping networks.
Mazad, a leading digital auctions and marketplace platform in Bahrain, and a Mumtalakat portfolio company, has announced the launch of a special auction for a unique three‑digit vehicle license plate number, 994, in response to the growing demand for distinctive triple‑digit plates.
Amid the Iranian attacks targeting Bahrain and other Gulf countries, Bahraini families, community leaders, business figures and civil society organisations have issued statements emphasising their support for the kingdom, national unity, and loyalty under the leadership of His Majesty King Hamad.
Indian Prime Minister Narendra Modi held talks with Iranian President Masoud Pezeshkian and Bahrain's King Hamad bin Isa Al Khalifa to discuss the evolving situation in the Middle East. He condemned the attacks on critical GCC infrastructure and emphasised the need to ensure secure maritime routes.
Arab countries secured 146 foreign maritime transport projects worth nearly $4 billion over the past 23 years, with five countries - Egypt, UAE, Oman, Saudi Arabia and Mauritania - accounting for 114 projects, according to a report by Arab Investment and Export Credit Guarantee Corp (Dhaman).
Bahrain’s banking sector continues to operate efficiently, maintaining uninterrupted services to its customers, thus demonstrating resilience and stability amid the ongoing Middle East conflict, supported by strong fundamentals and a robust regulatory framework, said the kingdom's top financial body.
