Bahrain Parking Announces Q2 and H1 Results
The results of Bahrain Parking Facilities Company (Amaaq) for the second quarter and the six-month period ending June 30, 2026, showed a decline in net profits of 7% and 41%, respectively, reflecting the impact of regional tensions and security incidents on its performance. The net profit for the second quarter reached 276 thousand Bahraini dinars, compared to 296 thousand dinars in the same period of 2025. Additionally, profits for the six-month period totaled 465 thousand dinars, down from 543 thousand dinars in 2025. The decline is attributed to delays in the start-up of some expected projects and the realization of their returns, despite ongoing development projects such as the “Amaaq – Pearls” project, which was 69% complete as of June 2026. These efforts aim to enhance smart and sustainable solutions in the parking and urban environment sector, despite regional pressures.
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