AGP Executive Report
Last update: 37 minutes agoKuwait Security & Sovereignty: Kuwait’s Cabinet condemned Iranian missile and drone attacks as a flagrant violation of sovereignty, with the PM visiting Al-Adan Hospital to check on injured people and stressing full medical support. National Resilience Funding: Zain pledged $10m to the Kuwait Emergency Response Fund, while BNK Holding, Gulf Cable, Boursa Kuwait, Kuwait Clearing and NIC added $6m in total to back repairs and preparedness. Water & Energy Risk: Reports say Iranian strikes hit Kuwait’s power and desalination infrastructure, with Shuaiba complex damage raising fresh alarms for Gulf water security. Markets & Oil: Oil jumped to a five-week high as US-Iran strikes and Houthi threats disrupted shipping; Brent pushed above $91 and the dollar firmed on higher crude and yields. Regional Diplomacy: UN chief Guterres warned there’s no military solution and urged intensified diplomacy as attacks spread across Kuwait, Bahrain and the region. Kuwait Business/Finance: NIC led a fully subscribed KWD 4.5m capital increase for Rawahel Holding; separately, Kuwait Fund and UNDP signed a $3m solar grant for Lebanon’s public services. Aviation: Emirates said it’s operating at 90% capacity with premium cabins full despite regional conflict.
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