AGP Executive Report
Last update: an hour agoGulf Connectivity: GCC ministers signed a railway agreement linking Kuwait with five other Gulf states in a 2,117-kilometre network for passengers and freight, expected to be fully operational by 2030. Kuwait’s Public Works Minister said closer coordination could ease trade and transport across the region. Digital Economy: Kuwait’s Digital Transformation Conference opens Nov. 9–10, bringing government and industry leaders together to discuss AI and smart infrastructure. A separate virtual innovation conference on Nov. 16–17 will focus on startups and economic diversification. Finance & Regulation: Kuwait’s crude price rose $2.48 to $88.69 a barrel on Friday. A new decree-law aims to modernize housing finance and loan-default rules, while the Public Institution for Social Security won a London case to recover funds stolen by a former director. Banking & Innovation: NBK took its Ebtakir program’s winning team to a Silicon Valley summit, as the bank highlighted investment in talent and digital transformation.
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