AGP Executive Report
Last update: 6 hours agoCyprus Housing & Finance: The Housing Finance Corporation has launched a tender for external advisory services to sell a €135m non-performing loan portfolio, aiming to strengthen its position after reducing bad loans to €257m by end-2025. Energy & Climate Tech: Europe’s air-conditioning boom is reshaping shipping demand, with more cooling penetration in warmer regions like Cyprus and Malta driving extra logistics needs. EU Mobility Rules: Cyprus’ old blue identity cards will stop being valid travel documents within the EU and Schengen from August 3, as new EU security standards take effect. Marine Science: A €1.5m bounty in Greece targets the invasive silver-cheeked puffer fish, which is spreading through warming seas and hitting coastal fisheries. AI in Healthcare: Chinese AI medical tools are drawing attention at WAIC 2026, including systems for multi-disease detection and early Alzheimer’s screening. Local Higher Education: Frederick University’s EU-CONEXUS marine biotechnology master has received a Joint European Degree Label, a major recognition for shared European delivery. Business & Industry: Lordos United is buying 51% of P&S Carton Industries to expand into paper-packaging, boosting capacity for Cyprus and exports.
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