AGP Executive Report
Last update: 10 hours agoOil Services: Kuwait Oil Company awarded ADNOC Drilling two offshore rig contracts worth up to $314 million. The four-year deals mark the company’s first offshore operations outside the UAE, with work expected to begin in late 2027. Circular Industry: MRC and Equate will collect and recycle plastic waste from Equate’s facilities, using 20 dedicated containers to return materials to the value chain. Public Services: Kuwait approved a KD181.8 million health-waste contract after an audit cut the bill by KD119.3 million. Business Rules: New rules let Kuwaiti citizens launch eligible freelance and micro-businesses without renting commercial premises, including in technical services and light manufacturing. Energy Markets: Brent fell below $90 a barrel amid hopes of easing regional tensions and a recovery in Middle East oil production.
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