AGP Executive Report
Last update: 9 hours agoGeopolitics & Energy: Trump says he faces a “big decision” on whether to intensify the Iran war, with a UN General Assembly meeting next week involving Saudi Arabia, UAE, Qatar, Bahrain, Kuwait and Oman; meanwhile, Iran’s adviser says the Strait of Hormuz won’t reopen until Trump and Netanyahu are removed, keeping shipping and oil risk front and center. Market Integrity: Boursa Kuwait stresses transparency and integrity as the base for investor trust and capital inflows, while the Central Bank of Kuwait affirms monetary stability, citing growth in deposits and credit. Kuwait Business & Investment: Kuwait Investment Authority expands ties with Canada’s Prime Minister Mark Carney to unlock new strategic investment links. Corporate Moves: Zain Kuwait picks Schneider Electric to upgrade critical infrastructure, and Alshaya opens its first company-owned distribution centre in Kuwait to streamline logistics for its retail and e-commerce network. Local Enforcement: Authorities investigate theft of about 25,000 liters of diesel from company sites in Jahra, and Kuwait Police seize KD465,750 cash plus 172 imported liquor bottles in an alleged trafficking case. Education Costs: Kuwait’s MoE approves tuition fee hikes for private Arab and Pakistani schools, and humanitarian teams step in to help students stay in school amid rising expenses.
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