AGP Executive Report
Last update: 9 hours agoUS-Kuwait Defense Deal: The US State Department approved a $1.98bn sale to Kuwait of counter-unmanned aerial systems and related equipment, with Anduril as the principal contractor, aimed at boosting Kuwait’s electronic and kinetic defeat capabilities against drones. Regional Security Escalation: Fresh US-Iran exchanges around the Strait of Hormuz included US interception of Iranian drones and strikes on coastal radar sites, while Iran said it targeted “enemy bases” in Kuwait and Bahrain; Kuwait and Bahrain reported air-defense interceptions and explosions as sirens sounded. Energy Watch: Kuwait’s crude price slipped to $107.95/bbl, while the wider market remains sensitive to Hormuz disruption risks. Human Response: After the Kuwait airport drone attack, the Bangladesh embassy and expatriates donated blood for injured people, with 178 donors successfully screened and contributing. Business & Tech: SAP appointed Saqib Sabah to lead its MEA North Growth Cluster, covering Pakistan, Kuwait and Bahrain, as enterprise transformation efforts expand across the region.
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