AGP Executive Report
Last update: 10 hours agoKuwait Health Regulation: Kuwait’s Health Ministry has banned Reiki, NLP and other “energy/spiritual” or non-evidence-based therapies, setting a new licensing and compliance timeline for private and government practitioners. Tobacco Rules: Kuwait also tightened tobacco and nicotine controls, banning online sales and deliveries, raising the minimum purchase age to 21, and extending restrictions to e-cigarettes and heated tobacco from Jan 1, 2027. Food Safety Crackdown: Inspectors in Jahra recorded 40 violations and shut five facilities, while authorities seized about 180kg of rotten beef and mutton after seal tampering and foul odors were found. Oil & Shipping Pressure on Kuwait: With the US-Iran 60-day MOU expiring and Hormuz traffic sharply down, reports say covert “dark” tanker shipments via Hormuz and Gulf of Oman are helping keep prices steadier—while Kuwait-linked flows are part of the workaround. Kuwait Energy Earnings: PIC posted KD 23.8m net profit for FY2025/26 despite market headwinds, and Kuwait’s KPC reported a three-year high net profit of $6.9bn. Public Works Tenders: Kuwait’s Public Works Ministry plans to float 24 contracts and tenders in the current fiscal year, including sewage network connections and equipment supply.
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