AGP Executive Report
Last update: 10 hours agoKuwait-India Defence Boost: Kuwait and India held their inaugural Joint Defence Committee meeting in New Delhi, agreeing to deepen cooperation on training, joint exercises, military medicine, staff talks, defence industry and R&D. Gulf Security Tech & Policy: Kuwait’s counter-terrorism law (Decree No. 47 of 2026) draws criticism from Amnesty International over broad definitions of terrorism, expanded death-penalty scope and risks to freedoms. Hormuz Shipping Watch: Tanker traffic through the Strait of Hormuz jumped over 30% week-on-week, with Kuwait-linked vessels among those transiting, though volumes remain well below pre-war levels. UAE Space Connectivity: The UAE granted Starlink a 10-year licence for a public satellite broadband network, adding another layer to GCC connectivity. Deep Tech Investing in the Region: Qatar’s sovereign wealth fund reportedly closed multiple deep tech bets in 10 weeks, including a major autonomous freight round co-led with Gatik. Local Business & Markets: Lenskart saw major institutional share purchases at ₹630 as early backers trimmed stakes, alongside a sharp jump in Q1 FY27 profit. Climate Tech Nearby: Ras Al Khaimah opened a carbon-capture and utilisation plant targeting 17,000 tonnes of CO₂ annually for industrial use.
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