AGP Executive Report
Last update: 9 hours agoKuwaitization Push: The Ministry of Justice says it has completed 100% Kuwaitization of the General Department of Experts, covering expert engineers, accountants and legal researchers, with next steps focused on rotating workloads, improving report quality and fully digitizing services. Business Transparency: The Commerce Ministry says a new decree-law on combating commercial concealment will tighten rules on beneficial ownership, aiming to protect fair competition and ensure state benefits reach eligible businesses. Regional Diplomacy: Kuwait’s Foreign Minister Sheikh Jarrah Jaber Al-Ahmad Al-Sabah and Egypt’s FM Badr Abdelatty stressed intensifying de-escalation efforts to prevent the region’s conflict from widening. Iran-Hormuz Shockwaves: As US-Iran tensions swing, Trump says strikes will be paused and talks begin Monday, while Kuwait remains in the wider security spotlight amid Hormuz shipping risks and renewed missile/drone threats. Oil Market Watch: OPEC+ approved a September output increase of about 188,000 bpd, a move that could affect regional fuel costs and shipping economics. Security & Governance: Kuwait also issued a decree-law against commercial concealment and reported arrests and enforcement actions tied to residency and labor violations.
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