AGP Executive Report

Last update: 4 hours ago

Kuwait Energy & Markets: Oil prices stayed near $94/bbl Brent as the US-Iran standoff and expired truce kept supply risk elevated, with Kuwait named among key producers facing curtailment concerns. Kuwait Business & Industry: Kuwait’s Municipality is set to align business classifications with international ISIC Rev.4 codes, backed by a “License Your Business” awareness push to help investors pick the right activity and improve compliance. Utilities & Smart Energy: Kuwait’s Electricity, Water and Renewable Energy ministry is backing AI for smart-meter efficiency, aiming to use consumption-pattern analytics to boost conservation and energy efficiency. Oil & Gas Operations: KNPC’s LPG bottling-plant merger under its umbrella is credited with higher output and sales, with cooking gas cylinder production and domestic sales rising across Shuaiba and Umm Al-Aish. Water Tech & Research: KISR researchers will showcase a wastewater-reuse wetland system for reverse-osmosis effluent at an international invention exhibition in Guangzhou. Public Health Regulation: Kuwait introduced tighter rules on psychotherapy, banning energy/spiritual healing and other non-scientific practices, while requiring in-person training and accredited qualifications. Infrastructure Progress: Yarmouk infrastructure works reached 92% completion, with sewage and stormwater drainage fully done and telecom and lighting networks near completion. Regional Trade & Security: US President Trump again claimed the US is “essentially controlling” strategic straits tied to Iran, while markets watch the knock-on effects for shipping and energy costs. Corporate Results: UK-listed Hunting trimmed FY EBITDA guidance after delays tied to Kuwait Oil Company’s OCTG tender, citing softer activity even as subsea and perforating systems held up.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.

AGP Wire

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Aug. 1, 2026

ZSolTech launches jewelry management software for retail and manufacturing

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Aug. 20, 2026

CVMaker.ae Adds Resume, LinkedIn and Video CV Services Across the UAE

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Jun. 18, 2026

Speed International Logistics expands multimodal network for global supply chains

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Aug. 19, 2026

Naoero citizenship price window closes at $90,000

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Kuwait bans spiritual and energy healing practices

Kuwait bans spiritual and energy healing practices


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Aug. 11, 2026

Baker Hughes Awarded Multi-Year Contract by Kuwait Oil Company for Ahmadi Innovation Valley Project

GlobeNewswire, Inc.

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Aug. 20, 2026

President Trump’s Cabinet Champions America First Successes Nationwide

The White House

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Aug. 1, 2026

ZSolTech Launches Jewelry Management Software for Retail and Manufacturing

EIN Presswire

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Jul. 29, 2026

Control Valve Market to Witness Strong 7.90% CAGR Driven by Industrial Automation Trends by 2035

EIN Presswire

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Jul. 16, 2026

Global Structural Health Monitoring Market Size to Reach USD 8.6 Billion by 2035 | Growing at 9.1% CAGR | Industry Trends, Market Share & Forecast – Custom Market Insights

GlobeNewswire, Inc.

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Jul. 15, 2026

Global Second-Life Battery Market Size to Reach USD 46.9 Billion by 2035 | Growing at 11.8% CAGR | Industry Trends, Market Share & Forecast – Custom Market Insights

GlobeNewswire, Inc.

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