AGP Executive Report
Last update: 7 hours agoOil & Investment: Kuwait should open its downstream sector to private investors and prioritize refining and petrochemicals over expanding crude capacity, former Kuwait Petroleum International chief Kamil Al-Harami said, citing stronger returns on refined products. Corporate Finance: KIPCO repaid the remaining $353.98 million of its $500 million bond ahead of maturity, using existing funds and avoiding refinancing. Markets: Boursa Kuwait reported KD 20.83 million in net profit for the first nine months of 2026, while Gulf Bank posted KD 41.9 million. Fintech: MoneyTech 2026 brought investors, bankers and technology leaders to Kuwait to discuss growth, mergers and acquisitions, and how AI is reshaping financial services. Energy Risk: An attack on a Qatari LNG carrier in the Gulf renewed concerns over shipping security and the stability of regional energy supplies.
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