AGP Executive Report
Last update: 4 hours agoHousing Finance: Kuwait’s new Decree-Law No. 114/2026 allows eligible citizens to seek home financing from local banks and licensed firms, with rules due within six months of publication. Digital Payroll: The Central Bank’s wage-payment platform is bringing private-sector salaries into a monitored national system, tightening compliance and modernizing payments. Defence Manufacturing: Kuwait has produced its first batch of small-arms ammunition, a step toward building local industrial capacity and reducing reliance on imports. Infrastructure: A $3.3 billion wastewater treatment plant is moving ahead, while KPMG will lead a new strategic plan for Kuwait’s ports; Kuwait also backed phased Gulf power and water links. Energy: Oil prices have swung as traders reassess conflict risks and Gulf supply, while OPEC+ kept December targets unchanged. Kuwait’s oil sector also faces a delayed project signing amid security concerns.
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.
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