AGP Executive Report
Last update: 9 hours agoBanking: Gulf Bank posted KD41.9 million in net profit for the first nine months of 2026, up 9.1% year on year, with loans growing 7%. Capital Markets: Boursa Kuwait reported KD20.83 million in nine-month profit, down 9.6%, while total assets rose to about KD134.94 million. Investment: Kuwait and India are advancing talks on opportunities in infrastructure, logistics and food processing, with both sides citing progress in joint discussions. Energy: Kuwait’s refining strategy spans six refineries worldwide, including Al-Zour, which can process 650,000 barrels a day and is geared toward exports to Asia and Europe. The Oil Ministry has also opened applications for its fifth Oil Innovates award, focused on energy solutions and AI in the oil and gas sector. Connectivity: Jazeera Airways has resumed daily flights between Kuwait and Riyadh, restoring a key route for business and family travel.
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