AGP Executive Report
Last update: 8 hours agoEnergy Cooperation: Kuwait and Saudi Arabia signed an MoU covering grid links, renewable power, energy storage, smart grids and efficiency, with plans to localize energy products and services. Kuwait also joined the International Energy Forum meeting in Riyadh, where officials stressed supply resilience amid Hormuz disruptions. Defence Procurement: Kuwait’s £370 million MARSS air-defence contract will combine radars, jammers, interceptors and AI-enabled command systems. Production in Bristol is expected to create 100 UK jobs, while the system will help protect Kuwait from missile and drone threats. Infrastructure Investment: Government spending and new infrastructure awards are supporting Boursa Kuwait’s recovery, with potential benefits for construction, real estate and services firms. Supply Risks: Gulf shipping disruptions and attacks on energy infrastructure are adding pressure to oil and refined-product markets, reinforcing the need for secure export routes and resilient energy systems.
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