AGP Executive Report
Last update: 9 hours agoHospitality & Investment: FHS World (Dubai, 29 Sep–1 Oct 2026) has confirmed the first wave of speakers, bringing together hotel owners, operators and investors under “Reinvest in our Future.” Industrial Pulse: Cyprus industrial output in April edged up 0.1% year-on-year trends stabilised after earlier swings, while wholesale trade rose in Q1 2026 (excluding motor vehicles +11.2%) as motor vehicle sales and repairs fell (-3.6%). EU Rules for Business & Consumers: From 1 July, EU shoppers will pay a new €3 tariff per item on Shein/Temu orders up to €150, aiming to curb parcel-splitting tactics; meanwhile, EU air passenger rights are set to be modernised with clearer compensation and family seat rules, with Cyprus Transport Minister Alexis Vafeades signing the deal. Local Transport Reform: Cyprus is overhauling taxi licensing after 20+ years, targeting illegal operators and bringing booking apps under state control. Competitiveness & Jobs: Cyprus’ competitiveness report flags productivity as the biggest structural weakness and calls for more productive investment. Energy & Industry Growth: Cyprus-linked Animaccord is expanding the Masha franchise with a new series rollout, while Cyprus watches wider regional energy moves as EU accession talks progress for Ukraine and Moldova.
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