Kuwait’s fiscal flexibility: Kuwait issued an Amiri decree allowing the government to borrow from the Future Generations Fund to support the General Reserve Fund, ending a decades-old ban. Loans need Cabinet approval and must spell out purpose, interest, repayment schedule and rescheduling terms, with caps tied to average fund returns and total outstanding debt. Sovereign funding & debt rules: The decree also sets repayment priority from state revenues and bars write-offs except by law, aiming to balance current financing needs with long-term protection. Islamic finance demand: IILM reissued US$1.353bn in short-term sukuk, oversubscribed 2.43 times, with tenors ranging from two weeks to 12 months. AML/CTF tightening: Kuwait’s commerce ministry issued new rules for gold and precious metals traders and for real estate brokers, requiring risk-based controls, beneficial-owner checks, record-keeping and suspicious-transaction reporting. Media regulation overhaul: A draft media law seeks to unify licensing and oversight across print, audio-visual and electronic media under one electronic platform. Business & investment signals: Kuwait announced 15-year residency permits for eligible foreign investors and their families, while Kuwait’s Public Prosecution referred 71 suspects over alleged farm and livestock allocation corruption. Oil sector spending: Kuwait Petroleum Corporation raised 2025/26 capital expenditure by nearly 21% to about KWD 2.3bn, with local content around 38%. Regional risk watch: Kuwait reported intercepting Iranian drone and missile attacks, as Strait of Hormuz tensions continue to rattle shipping and energy markets.