AGP Executive Report
Last update: 9 hours agoEnergy Partnerships: Kuwait and Pakistan agreed to expand economic and energy cooperation, while PSO and Kuwait Petroleum plan to explore fuel supply, refining and investment opportunities under their long-running partnership. Power & Food Safety: Kuwait scheduled maintenance-related outages in residential areas as it inspects substations. Food inspectors also found seven unlicensed operations in five Capital homes and issued 33 violations. Oil & Industry: Kuwait’s crude output rose to 2.03 million barrels per day in October, up from 1.58 million in September, according to the IEA. ADNOC Drilling also won Kuwait contracts worth about $314 million, while MRC and Equate agreed to work on resource recovery. Projects & Business: A Chinese firm submitted the lowest bids for Kuwait housing packages. New rules allowing freelance businesses to operate without traditional offices, alongside tougher action on overloaded trucks, could affect business operations and transport costs. The GCC also advanced plans for a regional railway network linking Kuwait with the other five member states.
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