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AGP Executive Report

Last update: 12 hours ago

CySEC reshuffle: Cyprus’ Cabinet approved new leadership at the Cyprus Securities and Exchange Commission, appointing Georgios Karatzias as chairman and Loukas Lagoudis as vice chairman, alongside other board changes. Education Ministry textbook scramble: The Education Ministry says 97% of the roughly 700 textbook titles are already at schools, but admits some private printing contractors missed deadlines; it terminated affected contracts and moved to temporary printing to keep classes going. Housing oversight reform: A plan is moving supervision of jointly owned apartment buildings to district local government organisations (EOAs), with a new supervisory authority and register, plus an online platform and state funding conditions. Affordable housing clarifications: The Interior Ministry outlined eligibility rules for two new schemes, including income and age limits for families seeking state land plots and conditions for adding floors for children or grandchildren. Energy and costs: A new chart shows Cyprus relies heavily on fossil fuels for electricity (76.3%), while the Association of Cyprus Banks warns floating-rate borrowers may see higher repayments after the ECB rate hike. EU procurement push: The European Commission’s proposed procurement rules would let public buyers exclude suppliers from countries not covered by EU agreements, with experts calling it protectionist and discriminatory. Cyprus in defence talks: Israeli President Isaac Herzog proposed a trilateral summit with Lebanon on Cypriot territory, while Cyprus and Israel also discussed defence cooperation and potential SAFE financing opportunities. Cyber and scams: Police warned of a new phone scam where fraudsters impersonate police cybercrime officers and ask for bank details; separately, the US extradited a Russian accused of cybercrime after arrest in Cyprus. Business and investment: Sergey Portnov is stepping back from Parimatch to launch SP Ventures, an investment and advisory firm backing technology founders.

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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Sep. 3, 2026

PearceScapes urges Cypress homeowners to fix drainage before fall rains

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Aug. 31, 2026

Why global investors use Cyprus holding companies

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Sep. 10, 2026

ESET to showcase AI-native cybersecurity tools at GISEC Global 2026

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Aug. 25, 2026

PickTheBank lifts Cyprus euro deposit rates above 3% with Lidion Bank

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Cyprus MPs Sound Alarm Over Scooter “Anarchy” as Complaints More Than Double in a Year

Cyprus MPs Sound Alarm Over Scooter “Anarchy” as Complaints More Than Double in a Year


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Sep. 10, 2026

SKYX Signs Merger with Leading U.S. AI Smart Home Silicon Valley Backed Company Deako, Aiming to Lead the Smart Home, Builder & Hotel Markets with Their Combined Platform Technologies

GlobeNewswire, Inc.

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Sep. 9, 2026

Toro Corp. Announces Proposed Spin-Off of its LPG Carrier Business

GlobeNewswire, Inc.

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Aug. 31, 2026

Cyprus Holding Company Structure: Why Global Investors Use It

EIN Presswire

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Sep. 4, 2026

Ayurveda You & Me Expands Holistic Wellness Services in Cyprus

GlobeNewswire, Inc.

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Sep. 3, 2026

PearceScapes Warns Cypress Homeowners: Address Drainage Before Fall Rains Arrive

EIN Presswire

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Sep. 3, 2026

Chinese Ambassador to Cyprus Yang Yundong Meets with Deputy Minister of Migration and International Protection of Cyprus Nicholas Ioannides

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

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