Kuwait’s Pipeline Party: Big Money Meets Oil Magic

The Deal That Shook the Gulf  

Hey energy fans, check this out. Kuwait just pulled off the wildest infrastructure deal the Gulf has seen in ages.  

KPC’s oil arm KOC locked in a $16 billion lease-and-lease-back on its whole domestic and export pipeline network with Blackstone, Brookfield and KKR.  

How the Cash and Control Flow  

A brand-new Kuwaiti JV grabs the usage rights to all 13 pipelines (about 320 km). Then it hands exclusive operating and maintenance rights straight back to KOC for 20.5 years in exchange for a volume-based tariff.  

KOC keeps 51 percent ownership and full control while the three giants share the other 49 percent equally. Upfront cash hits $7.85 billion and fuels the push toward 4 million barrels a day by 2035.

SABIC and CEER Team Up: Saudi EV Magic Just Got a Major Boost!

SABIC just inked a fresh MoU with CEER, Saudi Arabia’s first electric vehicle brand. They aim to pour advanced materials and smart solutions straight into CEER’s EV designs, development, and production. Together they will also hunt for commercial wins and lock in clear collaboration terms.

This deal sets up real innovation. SABIC’s materials could lighten and strengthen key vehicle parts while both teams swap sustainability know-how and build a solid local supply chain that meets global standards.

Meanwhile, the signing in Riyadh brought CEOs Dr. Faisal M. Alfaqeer and James DeLuca face to face. They both see this as a direct push for Saudi Vision 2030, local talent, and a competitive EV hub.

In short, SABIC’s decades of EV expertise now fuel CEER’s mission to craft safe, efficient, made-in-Saudi electric vehicles that help the Kingdom lead the clean-mobility race.

The Breaking Point Blues: Palestine’s Banks Cry SOS Before the Crash

Hey, listen up. Palestinian Monetary Authority Governor Yahya Shunnar just dropped a serious warning at a high-level sit-down with ambassadors and global finance folks. He stressed that Israeli moves keep pushing the economy toward total collapse.  

Moreover, he flagged how this threatens food security and basic services right now. The meeting carried the stark title “The Breaking Point: Sounding the Alarm Before the Collapse,” and voices from Jordan’s central bank, the Arab Monetary Fund, the IMF, and local bank leaders all chimed in.  

Meanwhile, Shunnar urged the world to step up fast and protect those correspondent banking relationships—Palestine’s only real pipeline for trade under the Paris Protocol. Any break, he warned, would spark shortages of fuel, food, and energy while prices, joblessness, and poverty soar.  

Nearly NIS 18 billion sits locked in vaults, and Israeli banks handled NIS 51 billion in deals last year. Therefore the window is slamming shut, and everyone agreed urgent action is the only way to keep the system breathing.