AGP Executive Report
Last update: 4 hours agoRegional Security: Kuwait says its air defenses intercepted “hostile drones” after Iran’s retaliatory strikes, with explosions reported from interception operations; the army urged residents to follow official safety instructions as US-Iran exchanges intensified across the Gulf. Government Finance: Kuwait issued a decree allowing the government to borrow from the Future Generations Fund to support the General Reserve Fund, ending a long-standing ban, with Cabinet approval and strict caps on annual borrowing and total outstanding loans. Public Security & Justice Tech: The First Deputy PM/Interior Minister inspected the criminal evidence department and backed AI use in identity verification and forgery detection to improve accuracy and efficiency. Education & Media Regulation: The Education Ministry approved a comprehensive unified education regulation, while the Cabinet approved a draft decree-law to regulate media under one framework. Anti-Money Laundering Rules: New Commerce decisions set AML/terror-financing requirements for gold and real estate sectors, including beneficial-owner checks and suspicious transaction reporting. Health Controls: The Health Ministry issued decisions tightening rules on narcotic and psychotropic medicines and their handling. Economy & Markets: Kuwait’s Cabinet reviewed financial resilience and budget implementation, citing growth in non-oil revenues tied to ongoing reforms.
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