Kuwait and Italy Sign Three Investment and Defence Deals

Kuwait and Italy Strengthen Bilateral Cooperation

Kuwait and Italy signed two memoranda of understanding and a letter of intent on October 23, 2026, to strengthen cooperation in investment promotion, defence and military-industrial development. The signing took place in the presence of Kuwait’s Prime Minister, Sheikh Ahmad Abdullah Al-Ahmad Al-Sabah, and Italian Prime Minister Giorgia Meloni during her visit to Kuwait.

Agreement to Promote Direct Investment

The first memorandum of understanding focuses on encouraging direct investment between the two countries. It was signed between Kuwait’s Direct Investment Promotion Authority and the Italian Trade Agency. The agreement is intended to support investment links and create more opportunities for Kuwaiti and Italian businesses to explore cooperation.

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Defence Industry Cooperation with Leonardo

A letter of intent was signed between Kuwait’s Ministry of Defence and Italian company Leonardo. The document focuses on developing defence capabilities and expanding industrial cooperation. It represents a framework for further engagement in defence-related areas, although the reported announcement does not specify particular equipment purchases, contract values or delivery schedules.

Military Training and Advisory Services

The second memorandum of understanding covers military cooperation in advisory services and training. It was signed between Kuwait’s National Guard and Italy’s Carabinieri, a national military police force operating under Italy’s Ministry of Defence. The arrangement provides a basis for cooperation in training and professional expertise.

Senior Officials Represent Both Countries

Kuwait’s Direct Investment Promotion Authority was represented by its Director General, Sheikh Dr. Meshal Jaber Al-Ahmad Al-Sabah, while the Italian Trade Agency was represented by its President, Matteo Zoppas. The defence letter of intent involved Kuwait’s Ministry of Defence and Leonardo, represented by their respective officials. The military cooperation memorandum involved Kuwait’s National Guard and Italy’s Carabinieri.

Economic and Strategic Relations in Focus

The agreements bring investment, defence capabilities and military training into a shared framework for bilateral cooperation. Investment promotion may help businesses identify opportunities, while defence-industrial collaboration and training can support professional exchanges between relevant institutions. The announcement, however, does not provide projected investment figures or quantify the expected economic impact.

What the Agreements Mean Going Forward

The signing marks a further step in Kuwait-Italy relations, with both countries seeking to develop cooperation across economic and defence sectors. The practical outcomes will depend on how the agreements are implemented and whether further projects or contracts are announced. No specific procurement deal or financial commitment was detailed in the reported announcement.