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AGP Executive Report

Last update: 6 hours ago

US-Iran Escalation: The US launched a new wave of airstrikes on Iran to “swiftly punish” the IRGC after two American service members were killed in Jordan; CENTCOM says the eighth straight night targeted coastal surveillance, air defenses, maritime capabilities and missile/drone storage. Iran Hits Kuwait Bases: Iran’s army claims it struck US facilities in Kuwait with suicide drones, targeting Camp Udairi and Ali Al Salem radar/air surveillance systems. Kuwait on Alert: Kuwait activated air defenses as sirens sounded, warning civilians to follow safety guidance; reports also cite damage and injuries tied to attacks on vital infrastructure. Regional Condemnations: GCC and EU leaders condemned attacks on commercial shipping and regional states, reiterating freedom of navigation through the Strait of Hormuz. Oil and Travel Impact: Oil jumped toward $88 as markets priced higher risk; Gulf airlines cancelled or rescheduled flights to Kuwait amid security warnings. Local Safety: Kuwait authorities seized 3.2 tons of rotten fish at the waterfront market, ordering destruction and legal action. Business Note: NIC won Euromoney’s 2026 Kuwait equity banking award.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.

AGP Wire

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Jul. 10, 2026

Undercover expands mystery shopping services for Dubai businesses

AGP

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Jun. 30, 2026

Shufti helps AZ eWallet speed customer onboarding in Kuwait

AGP

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Jun. 23, 2026

Cricket’s Candy Creations opens first franchise in Staten Island July 1

AGP

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Jun. 9, 2026

Arabian Flora targets Gulf workers with cross-border Father’s Day gifting

AGP


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US and Iran trade strikes as Mideast conflict widens

US and Iran trade strikes as Mideast conflict widens

Injuries, damage after Iran attack on Kuwait oil facility: State firm

Injuries, damage after Iran attack on Kuwait oil facility: State firm

US, Iran trade Attacks after two troops killed in Jordan

US, Iran trade Attacks after two troops killed in Jordan

Iran attacks US Gulf allies, causing a fire at Kuwait power plant

Iran attacks US Gulf allies, causing a fire at Kuwait power plant


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Jul. 15, 2026

SCANDIC TRADE & SNC SCANDIC COIN AI Meets Non-Custodial Trading

GlobeNewswire, Inc.

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Jul. 10, 2026

Undercover Mystery Shopping Consultancy Supports Dubai Businesses in Raising Customer Service Standards

EIN Presswire

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Jul. 10, 2026

Fertilizer trade impacted by Strait of Hormuz conflict

World Trade Organization

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Jul. 9, 2026

Changan Automobile Rolls Out Second-Generation UNI-S in Saudi Arabia, Accelerating Expansion Across the Middle East and Africa

GlobeNewswire, Inc.

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Jul. 7, 2026

Swvl Expands its Service into Saudi Arabia's Banking Sector with Bank Albilad, Bringing Technology-Driven Shuttle Services that Redefine Workforce Mobility

GlobeNewswire, Inc.

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Jul. 6, 2026

AX Coin, a Subsidiary of SOLOWIN HOLDINGS (Nasdaq: AXG), Partners with Bank of Bahrain and Kuwait B.S.C. to Advance Regulated Stablecoin Infrastructure for Institutional Banking

GlobeNewswire, Inc.

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