AGP Executive Report
Last update: 5 hours agoKuwait-India Defense Boost: Kuwait and India held their first joint defense committee meeting in New Delhi, agreeing to expand training, military exercises, military medicine, defense industry links, and R&D. Freelance Licensing Overhaul: Kuwait’s Ministry of Commerce and Industry is studying structural changes to freelance and micro-business licensing to improve transparency and curb “name-only” registrations. Delivery Rules Kick In: New regulations starting Sept 1 cap delivery fees at KD 1 and limit platform commissions, putting delivery platforms and merchants under a fresh compliance test. Coast Guard Crackdown: Kuwait’s Coast Guard ran a maritime field campaign in the east, investigating 152 people, flagging 32 abandoned vessels, and recording multiple violations. Kuwait-Japan Diplomacy: Kuwait’s FM Sheikh Jarrah visited Japan, underscoring cooperation for regional stability. Logistics & Cold Chain: Gulf Warehousing Company completed early frozen bulk vessel operations in Oman and extended cold storage and distribution links to Kuwait and Qatar. Shipping Pressure Watch: Strait of Hormuz tanker traffic rose week-on-week, but remains far below pre-war levels. Energy Market Mood: Oil prices hover near $90/bbl as traders weigh Gulf uncertainty and shifting demand signals.
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