Kuwait Energy & Infrastructure: Kuwait Oil Company (KOC) received bids for three power infrastructure projects supporting oilfield operations in South and East Kuwait; MECC (Ali Alghanim & Sons) is the apparent lowest bidder at KD132.28m ($427m), with awards pending technical and commercial evaluation. Kuwait Industrial Growth: Kuwait’s Al-Na’ayem industrial city is reported to be on track for readiness by 2032, aiming to drive the next phase of local industrial expansion. Kuwait Governance in Oil: KPC law amendments have entered into force, with Oil Minister Tareq Al-Roumi calling them a “qualitative leap” to modernize governance and improve commercial efficiency. Kuwait Public Works: The Public Works Minister inspected roads leading to the new airport, urging quality, safety, and schedule adherence to improve traffic flow. Regional Shipping & Energy Risk: Iran-US talks remain tangled as Trump says a Doha meeting is set for Tuesday while Iran denies direct negotiations; meanwhile, Hormuz disruptions and the push to reopen shipping keep oil markets volatile. Global Finance: GCC assets under management hit $2.7tn in 2025 (+10%), led by strong retail growth, with Kuwait’s WAFRA highlighted among top pension funds. World Bank Climate Shift: The World Bank will retire its 45% climate co-benefit lending goal, shifting to outcome-focused “smart development.”