AGP Executive Report
Last update: 2 hours agoPower Grid: Kuwait opened bids for three tenders to supply, install and maintain 11 kV electricity lines across the north, south and central regions. Eighteen companies qualified, as the ministry seeks to strengthen grid reliability and serve new consumers. Housing and Ports: The Cabinet approved amendments enabling private developers to take part in building housing on state-owned land. Separately, KPMG, Haskoning and Dar Gulf Consult will prepare a strategic plan to improve Kuwait’s port competitiveness and connectivity. Oil and Shipping: OPEC+ members, including Kuwait, kept December output targets unchanged. Kuwait’s oil exports rose by about a third in October to 1.44 million barrels per day, but risks remain: the Cabinet condemned the attack on a Qatari LNG tanker, and Iran’s expanded vessel restrictions include Kuwait Oil Tanker Company ships. Food Production: Connected factory data could help Kuwaiti food producers improve efficiency and respond faster to supply disruptions, supporting local production and reliable shelves.
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