AGP Executive Report
Last update: 3 hours agoKuwait Investment Push: Kuwait Petroleum Corporation signed a $16B Shaheen Project sale-and-leaseback for crude oil pipelines, expected to bring $7.85B upfront and support KPC’s capex and a 4 mbpd output target by 2035, with a consortium led by Blackstone, Brookfield and KKR taking 49% and KOC retaining 51% and operational control. Qurtuba Project Update: Kuwait’s Qurtuba infrastructure contract is 82% complete, with sewage and stormwater at 97%, telecom at 99%, and street lighting at 96%, as asphalt layers progress unevenly. Education & Talent Pipeline: The Council of Private Universities accepted 7,989 students for internal scholarships (2026-27), shifting seats toward in-demand tech and digital fields; the Ministry of Education also launched a Gifted Schools Project using its “Mawhoob” platform for electronic nominations and assessments. Digital Learning Accreditation: IICO’s Al-Lahib Primary School in Uganda received global accreditation under Canva Education, expanding access to interactive digital tools for teachers and students. STEM Readiness for University: KFAS’s PRE 2026 program wrapped up with 65+ secondary students exploring university majors via workshops, experiments and field visits in medicine, engineering and petroleum. Digital Banking Awards: Weyay Bank won three regional and local awards for social/community banking and precision credit; NBK also secured 17 Global Finance digital banking awards, highlighting security, UX and online payments.
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