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AGP Executive Report

Last update: 10 hours ago

Cyprus Economy: Cyprus GDP grew 3.3% year-on-year in Q2 2026, outpacing the euro area and EU as growth accelerated to 0.8% quarter-on-quarter. Housing Market: New-home sales slid sharply in Q2, with new-build apartment and house transactions down 42.2% and value down 46.6%, though demand appears to have shifted toward lower- and mid-priced homes. Energy Infrastructure: The Great Sea Interconnector faces fresh scrutiny after a call for a “reality check” on viability, governance and assumptions in earlier studies, as Cyprus-Israel power-link investment steps move forward. Connectivity & Telecoms: Cyta and partners are building the Ugarit 2 undersea cable to connect Cyprus and Syria, targeting service by early 2028 with higher capacity than the current link. Finance & Remittances: Citizens Bank PLC partnered with Cyprus-based Nec Pay to expand inward remittances from Europe, supporting Bangladeshi expatriates and families. Tourism & Costs: Turkey’s coastal hotel prices are easing amid weaker demand tied to the Iran war, with Cyprus also seeing price declines, while last-minute booking patterns shift. Environment: Cyprus-linked research highlights invasive lionfish being turned into food as the Mediterranean’s non-native species surge continues.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.

AGP Wire

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Aug. 12, 2026

Wiki Finance Expo Cyprus 2026 set for Limassol in November

AGP

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Aug. 10, 2026

Goat cheese market seen hitting $18B by 2033

AGP

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Aug. 7, 2026

Louisiana cypress trees remain vital to swamp ecology and culture

AGP

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Jul. 29, 2026

Cypress Exchange Properties buys Madison-area surgery center for DST offering

AGP


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“We wanted people to say, ‘Wow, that's Cypress Hill?’”: Cypress Hill’s beat-master Eric Bobo tells us why the band recorded their new album entirely in Spanish

“We wanted people to say, ‘Wow, that's Cypress Hill?’”: Cypress Hill’s beat-master Eric Bobo tells us why the band recorded their new album entirely in Spanish

Cyprus puts invasive lionfish on the menu as Mediterranean seas rapidly transform

Cyprus puts invasive lionfish on the menu as Mediterranean seas rapidly transform

Cypress House brings in cars, music, and marketplace to fundraise for blanket warmer

Cypress House brings in cars, music, and marketplace to fundraise for blanket warmer


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Aug. 13, 2026

Fortress Biotech Reports Second Quarter 2026 Financial Results and Recent Corporate Highlights

GlobeNewswire, Inc.

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Aug. 13, 2026

Rock-West rebrands as rewalt: launching a unified Financial Ecosystem for global traders

GlobeNewswire, Inc.

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Aug. 13, 2026

Chinese Ambassador to Cyprus Yang Yundong Pays a Courtesy Call on Permanent Secretary of the Ministry of Foreign Affairs of Cyprus Theodora Constantinidou

Ministry of Foreign Affairs of the People's Republic of China

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Aug. 12, 2026

Europe’s Premier FX, Crypto & Fintech Event – Wiki Finance Expo Cyprus 2026 is Coming to Limassol This November!

EIN Presswire

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Aug. 12, 2026

EVERRATI DEBUTS CYPRESS COMMISSION AT MONTEREY CAR WEEK

EIN Presswire

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Aug. 10, 2026

Goat Cheese Market to Reach US$18.0 Billion by 2033 on Rising Premium Dairy Demand

EIN Presswire

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