AGP Executive Report
Last update: 10 hours agoCronos Gas: Eni has signed the main construction, pipeline and drilling contracts for Cyprus’ first commercial gas development, moving the project into execution. Production is targeted for 2028, with gas set to flow to Egypt for processing; the infrastructure investment could reach $1.8 billion. Student Support: Cabinet approved €11.5 million in student allowances and raised income limits for some families, widening access to aid. Trade: Cyprus-China trade climbed 26% to €1.29 billion in 2025, with officials pointing to opportunities in shipping, tourism and green technology. Eastern Mediterranean: Cyprus joined five partners in rejecting the Turkey-Libya maritime agreement as invalid, as the dispute sharpens regional tensions. Public Safety: Cyprus’ real estate agents’ council warned that abandoned and dangerous buildings threaten lives and property values, calling for stronger oversight and preventive action.
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