EDITION
HOT SELLER THIS WEEK
- On 8 November, Kuwait Projects Company (KIPCO) renewed its partnership with LOYAC for a fourth year, sponsoring three development programmes expected to benefit more than 350 young people. The financial value was not disclosed. The initiative creates opportunities for training providers, educational consultants and professional development organisations. HPC can support institutional partnerships, training-provider sourcing and education-sector business development.
- On 8 November, Gulf Cryo announced plans to increase its liquid CO2 production capacity from approximately 700 tonnes per day to more than 2,000 tonnes per day within 18 months, through projects across Kuwait, Saudi Arabia and the UAE. Kuwait's individual investment value was not disclosed. The expansion creates opportunities for industrial gas suppliers, carbon-management specialists and environmental technology providers. HPC can support supplier sourcing, sustainability partnerships and industrial project research.
- On 6 November, the Kuwait Direct Investment Promotion Authority reported foreign direct investment inflows of KD948 million for fiscal year 2025/2026, alongside approval of 17 new investment entities. Cumulative approved investments since 2015 reached approximately KD2.92 billion. The figures create opportunities for investment advisers, financial consultants and international business service providers. HPC can support investor introductions, financial market research and cross-border business development.
- On 8 November, Kuwait published Decree No. 175 of 2026, abolishing the Silk City and Boubyan Island Development Authority and transferring its responsibilities, assets, contracts and obligations to government entities to be designated by the Council of Ministers. The decree does not cancel the development projects, and no new project budget was disclosed. The change creates opportunities for government contractors, legal advisers and project-management consultants. HPC can support policy monitoring, tender research and public-sector partnership development.
- On 3 November, Kuwait's Ministry of Health confirmed the successful completion of the country's 18th heart transplant at Salman Al-Dabbous Cardiac Centre, involving specialist medical teams from Kuwait and Saudi Arabia. No financial value was disclosed. The achievement highlights opportunities for medical equipment suppliers, hospital technology providers and specialist healthcare services. HPC can support healthcare supplier sourcing, clinical partnerships and medical-sector business development.
- On 8 November, KIPCO renewed its partnership with LOYAC to support three programmes benefiting more than 350 young people through communication, confidence-building and personal development activities. The sponsorship amount was not disclosed. The initiative creates opportunities for HR consultants, recruitment agencies, professional trainers and workforce-development providers. HPC can support training partnerships, recruitment-sector introductions and human capital development projects.
- On 7 November, Combined Group Contracting Company signed a five-year contract valued at KD9.7 million, approximately US$31.4 million, with Kuwait Oil Company to repair and revamp West Kuwait production facilities. The award creates opportunities for industrial equipment suppliers, maintenance contractors, mechanical engineering firms and oilfield service providers. HPC can support procurement research, supplier sourcing and industrial subcontracting connections.
- On 8 November, Kuwait Petroleum Corporation's Supreme Purchasing Committee approved two separate mobile offshore drilling rig contracts for ADNOC Drilling to serve Kuwait Oil Company, with a combined maximum value of approximately KD96.55 million, or US$315 million. The awards create opportunities for offshore equipment suppliers, marine logistics companies, rig maintenance contractors and specialist manpower providers. HPC can support supplier introductions, procurement intelligence and energy-sector partnerships.
- On 8 November, Kuwait published KDIPA Director General Decision No. 429 of 2026, registering 46 companies and offices authorised to submit investment applications on behalf of investors. The decision supports the country's foreign investment licensing framework, including routes for eligible foreign investors to obtain up to 100% ownership. No contract value was disclosed. The development creates opportunities for corporate lawyers, compliance advisers and investment consultants. HPC can support professional introductions, regulatory research and business-entry partnerships.
- On 2 November, Kuwait Foreign Petroleum Exploration Company (KUFPEC) announced farm-out agreements with TotalEnergies, PTTEP and PETRONAS Carigali for the Lang Lebah and B14 gas fields offshore Sarawak, Malaysia. KUFPEC is expected to retain a 25% interest in each field, subject to completion of the agreements. Financial transaction values were not disclosed. The deals create opportunities for energy investors, corporate finance advisers and international legal firms. HPC can support transaction research, investor introductions and cross-border partnerships.
- Reuters reported on 2 November that Kuwait's crude oil production reached approximately 2.1 million barrels per day in October, up from around 1.77 million barrels per day in September. The increase of more than 300,000 barrels per day highlights changes in the country's energy supply and export market. The development creates opportunities for energy analysts, commodity researchers and market intelligence providers. HPC can support oil-market research, commercial analysis and industry connections.
- On 8 November, KIPCO and LOYAC renewed their partnership to support three youth programmes expected to reach more than 350 participants, including initiatives focused on public speaking, confidence and personal development. The sponsorship value was not disclosed. The programmes create opportunities for PR agencies, event organisers, communication trainers and digital media providers. HPC can support corporate communications partnerships, event-sector introductions and campaign development.
- On 6 November, Kuwait Investment Authority began the third phase of the Entertainment City redevelopment, covering master planning and technical, commercial and financial studies. KIA also requested consideration of an expanded site incorporating adjacent street-side and waterfront land. No project budget or final investment value was announced. The development creates opportunities for real estate investors, construction companies, architects and leisure operators. HPC can support investor research, development partnerships and supplier sourcing.
- On 3 November, Talabat marked the conclusion of the third edition of its Academy X programme in Kuwait, supporting professional development and entrepreneurial capabilities. No programme investment or funding value was disclosed. The initiative creates opportunities for startup mentors, business incubators, training providers and early-stage technology partners. HPC can support startup ecosystem research, investor introductions and entrepreneurship partnerships.
- On 4 November, Kuwait Ports Authority confirmed KPMG's appointment to lead its new strategic plan, supported by Haskoning Nederland and Dar Gulf Consult. The assignment includes market and organisational analysis, implementation planning and a strategic technical support office for 36 months; the contract value was not disclosed. The initiative creates opportunities for port automation providers, logistics technology firms and engineering consultants. HPC can support technology sourcing, supplier connections and smart-port partnerships.
- On 2 November, Jazeera Airways resumed daily flights between Kuwait and Riyadh, restoring a regular air connection between the two cities. No route-specific investment or revenue value was disclosed. The service creates opportunities for travel agencies, airport service providers, hotel operators and tourism businesses targeting travellers between Kuwait and Saudi Arabia. HPC can support travel-sector partnerships, hospitality supplier connections and commercial business development.
Sector stories & insights.
On 8 November, Kuwait Projects Company (KIPCO) renewed its partnership with LOYAC for the fourth consecutive year, sponsoring three programmes expected to benefit more than 350 young people. The initiatives focus on communication, confidence, personal development and financial awareness, while the partnership's financial value was not disclosed.
The programme creates opportunities for training institutes, youth-development organisations, education consultants and professional skills providers. HPC can support institutional partnerships, training programme development and connections with education-sector organisations.
On 8 November, Gulf Cryo announced plans to increase its liquid carbon dioxide production capacity from approximately 700 metric tonnes per day to more than 2,000 tonnes per day within 18 months. Projects in Kuwait, Saudi Arabia and the UAE are contributing to the expansion, although Kuwait's individual investment amount was not disclosed.
The development creates opportunities for industrial gas suppliers, carbon-management specialists, environmental consultants and equipment manufacturers. HPC can support supplier sourcing, sustainability partnerships and industrial project research.
On 6 November, the Kuwait Direct Investment Promotion Authority reported that foreign direct investment inflows reached KD948 million during fiscal year 2025/2026. The authority also approved 17 new investment entities, bringing cumulative approved investments since 2015 to approximately KD2.92 billion.
The figures highlight opportunities for investment advisers, financial consultants, international businesses and corporate service providers. HPC can support investor introductions, market intelligence and business-development partnerships for companies exploring Kuwait.
Kuwait Reorganises Management of Silk City and Boubyan Island Development
On 8 November, Decree No. 175 of 2026 was published, abolishing the authority originally established to oversee Silk City and Boubyan Island development. The Council of Ministers will assign the authority's responsibilities, contracts, assets and project obligations to designated government entities. The decree does not cancel the development projects, and no new project budget was announced.
The administrative change creates opportunities for government contractors, project-management consultants, engineering firms and public-sector advisers. HPC can support policy research, tender monitoring and introductions to relevant project stakeholders.
Kuwait Completes Its 18th Heart Transplant at Salman Al-Dabbous Cardiac Centre
On 3 November, Kuwait's Ministry of Health confirmed the successful completion of the country's 18th heart transplant at Salman Al-Dabbous Cardiac Centre. The operation involved an 18-year-old patient and specialist medical teams from Kuwait and Saudi Arabia. No financial value for the procedure or programme was disclosed.
The milestone highlights opportunities for medical equipment suppliers, specialist healthcare providers, hospital technology companies and clinical training organisations. HPC can support healthcare partnerships, medical supplier sourcing and specialist service connections.
On 8 November, KIPCO renewed its partnership with LOYAC to sponsor three development programmes benefiting more than 350 young people. The initiatives include communication training, personal development and practical learning activities, with no separate programme budget disclosed.
The partnership highlights demand for youth recruitment programmes, professional trainers, HR consultants and workforce-development providers. HPC can support training partnerships, recruitment-sector connections and human capital development initiatives.
On 4 November, Kuwait-headquartered Combined Group Contracting Company signed a five-year contract with Kuwait Oil Company valued at KD9.7 million, approximately US$31.4 million, to repair and revamp West Kuwait production facilities. The work strengthens maintenance and operational support across the country's upstream oil infrastructure.
The contract creates opportunities for mechanical equipment suppliers, industrial maintenance specialists, corrosion-control providers and engineering subcontractors. HPC can support supplier sourcing, procurement research and industrial partnership development.
On 5 November, China State Construction Engineering Corporation announced the groundbreaking of Kuwait's North Kabd Wastewater Treatment Plant, valued at KD998 million, approximately US$3.3 billion. The project includes design, construction, operation and maintenance of a facility capable of treating up to one million cubic metres of wastewater per day.
The project creates opportunities for water-treatment technology providers, civil engineering contractors, environmental consultants, equipment manufacturers and infrastructure suppliers. HPC can support supplier identification, project research and construction-sector partnerships.
On 8 November, Kuwait published Decree No. 175 of 2026, abolishing the Silk City and Boubyan Island Development Authority established under an earlier decree. The Council of Ministers will allocate its responsibilities and transfer related contracts, agreements, projects and obligations to designated government bodies. Existing development projects are not automatically cancelled by this decision.
The decree creates demand for government-contract advisers, legal consultants, regulatory specialists and project-compliance professionals. HPC can support regulatory monitoring, legal-sector introductions and public-project research.
On 2 November, Kuwait Foreign Petroleum Exploration Company (KUFPEC) announced farm-out agreements with TotalEnergies, PTTEP and PETRONAS Carigali covering the Lang Lebah and B14 gas fields offshore Sarawak, Malaysia. Once completed, KUFPEC will hold 25% in each field, while TotalEnergies will hold 30% and operate both projects. The financial value of the agreements was not disclosed.
The agreements create opportunities for corporate finance advisers, energy investors, legal firms and international project partners. HPC can support transaction research, investor introductions and cross-border business-development partnerships.
KDIPA Reports 17 New Investment Entities and KD2.92 Billion Cumulative Approvals
On 6 November, Kuwait's investment promotion authority released its 11th annual report, showing KD948 million in direct investment inflows during fiscal year 2025/2026 and 17 newly approved investment entities. Cumulative approved investments since 2015 reached approximately KD2.92 billion, reflecting the country's efforts to attract international capital and technology.
The report creates opportunities for economic research firms, market analysts, investment consultants and business intelligence providers. HPC can support market assessments, investor mapping and sector-specific research for companies considering Kuwait.
On 8 November, KIPCO and LOYAC renewed their fourth-year partnership, supporting three programmes for more than 350 young people. The initiatives include the Young & Empowered Summit, Speaking Circle and Zad Collective, providing opportunities for public speaking, personal development and youth engagement. No sponsorship value was disclosed.
The programmes create opportunities for event organisers, public relations agencies, communication trainers and digital media providers. HPC can support event partnerships, corporate communications connections and youth-focused campaign development.
Kuwait Plans to Convert Seven Historic Sites into Commercial and Hotel Destinations
On 8 November, Kuwait outlined plans to transform seven historic buildings and sites into commercial, cultural and hospitality destinations to attract private investment and revitalise central Kuwait City. The initial locations include Mishref Palace, the former Chest Hospital and Al-Mubarakiya School, while four additional sites are under consideration. No overall investment value was disclosed.
The initiative creates opportunities for property developers, hotel operators, restoration specialists, architects and construction companies. HPC can support investor research, development partnerships and supplier sourcing for heritage-led property projects.
On 6 November, KDIPA reported that Kuwait attracted KD948 million in direct investment inflows during fiscal year 2025/2026 and approved 17 new investment entities. The authority's report also highlighted technology transfer, human capital development and increased private-sector participation, although no specific startup funding allocation was announced.
The investment environment creates opportunities for early-stage businesses, technology entrepreneurs, venture investors and business incubators. HPC can support startup market research, investor introductions and strategic partnership development.
On 4 November, Kuwait Ports Authority appointed KPMG as lead consultant for its new strategic plan, with Haskoning Nederland and Dar Gulf Consult providing engineering support. The assignment includes market and organisational analysis, implementation planning and a strategic technical support office for 36 months. The consultancy contract value was not disclosed.
The assignment creates opportunities for port automation providers, logistics technology companies, engineering consultants and digital infrastructure suppliers. HPC can support technology sourcing, supplier introductions and smart-port partnership development.
Kuwait Plans Seven Heritage Destinations to Attract Visitors and Private Investment
On 8 November, Kuwait announced plans to develop seven historic buildings and locations into commercial, cultural and hospitality destinations, including Mishref Palace, the former Chest Hospital and Al-Mubarakiya School. The initiative aims to revitalise Kuwait City's historic centre and attract private-sector participation; no project investment amount was disclosed.
The plan creates opportunities for hotel operators, tourism companies, cultural event organisers, hospitality suppliers and restoration contractors. HPC can support tourism partnerships, investor introductions and hospitality-sector business development.