AGP Executive Report
Last update: 2 hours agoKuwait–Egypt Military Ties: Kuwait’s Army supply and logistics delegation met Egypt in the 15th Kuwait-Egypt Cooperation Committee session, reviewing ways to expand coordination and naval cooperation. GCC Media Distribution: GCCJPPI chief said Gulf productions must reach wider audiences, announcing “Duroob Areeka” will be featured on Kuwait Airways in-flight entertainment from Monday. Trade & Investment Links: KCCI pushed to deepen Kuwait–Lesotho economic relations after talks with Lesotho’s foreign minister, highlighting opportunities in mining, precious stones, textiles and clothing. AI & Workforce Planning (Kuwait): A consultant warned that AI should reshape tasks and workflows, not just cut headcount, saying poor data and weak training can erode expertise. Hormuz Shock to Energy Flows: The US said it destroyed three Iran-linked tankers after missile attacks on US warships, while shipping trackers reported Hormuz traffic far below normal and mine-clearing efforts under US protection. Kuwait in the Crossfire: Reports said Iran launched missile/drone attacks toward Kuwait, with air defences intercepting threats, as regional tensions keep disrupting Gulf energy and shipping. GCC Earnings Lift: Kuwait and other GCC markets saw record Q2 profit growth, with Kuwait’s aggregate net profits nearly doubling, supported by steadier banking results and sector gains.
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