AGP Executive Report
Last update: 5 hours agoDigital Government: Kuwait is advancing AI, data-sharing and paperless services to modernize government operations. Finance & Investment: Prime Minister Sheikh Ahmad Al-Abdullah met HSBC Group CEO Georges Elhedery to discuss banking, investment and Kuwait’s ambitions as a regional financial hub; Boubyan Bank and Mastercard also agreed to explore fintech solutions. Energy: Combined refining capacity at Mina Al-Ahmadi and Mina Abdullah has climbed to 830,000 barrels a day, from about 800,000, following upgrades aimed at meeting local and export demand. Worker Pay: The interior minister warned that around 10,000 companies have failed to pay expatriate workers, setting the 20th of each month as the salary deadline and threatening legal action. Bank Results: Nine-month profits reached KD523.4 million at KFH, KD481.7 million at NBK and KD80.7 million at Boubyan Bank. Trade: Kuwait called for the GCC-UK free-trade agreement to move toward implementation and explored business ties with Algeria.
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