AGP Executive Report
Last update: 10 hours agoEnergy Projects: Kuwait’s major power-generation projects are still awaiting contract awards, while KPC has set a 2050 net-zero target in its new sustainability report. Kuwait is also on track to meet its oil production target, though offshore development remains challenging. Defence Industry: Kuwait agreed to buy a £370 million air-defence system integrating radars, jammers and interceptors to counter drones and missiles. Gulf Industry: Kuwait is backing closer regional industrial integration and standardisation, alongside proposals for a shared “industrial passport” for Gulf products. Oil Logistics: Tanker shortages and soaring freight costs are adding pressure to energy markets as Gulf exporters adapt to Strait of Hormuz disruption. Food Safety: Inspectors destroyed 773kg of spoiled fish in Fahaheel during a joint market campaign.
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