AGP Executive Report
Last update: 8 hours agoDefence Investment: Kuwait has agreed to buy a £370 million ($489 million) air-defence system from UK-based MARSS, combining radar, jammers and interceptors with AI-enabled control. The contract is expected to create 100 jobs in Britain. Oil Market: Kuwait’s oil price rose $4.89 a barrel as conflict keeps energy markets volatile. Tanker costs have surged amid Strait of Hormuz risks, adding pressure to shipping and fuel costs even as Gulf exports recover. Business and Finance: Kuwait is moving to protect the financial rights of real-estate co-owners, while Zain Kuwait is partnering with Etlaq to train managers in agentic AI. Women in the Economy: Kuwait’s inaugural Women & the Economy Conference is set for October 17–18.
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