AGP Executive Report
Last update: 9 hours agoKuwait Business & Economy: Kuwait’s Public Authority for Manpower (PAM) rolled out an electronic service on its As’hal Companies Portal to let firms add or cancel authorized representatives on labour files online, cutting the need for in-person visits and speeding up approvals. Energy & Markets: Oil prices jumped as the US-Iran standoff widened into new maritime risks, with the US carrying out a 12th straight night of strikes on Iran while Iran and regional actors warned of attacks on civilian infrastructure. Shipping Shock: Yemen’s Iran-aligned Houthis claimed they attacked two Saudi oil tankers in the Red Sea and threatened a broader chokepoint risk, while reports said several ships altered routes after the blockade threat. Kuwait Security & Travel: Kuwait reported intercepting “hostile drone threats,” and the UK advised Britons to avoid all but essential travel to Kuwait and Bahrain amid fears of escalation and possible flight disruptions. Diplomacy: Kuwait also continued regional engagement, including meetings with Oman and the Czech Republic focused on expanding trade and energy cooperation.
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