AGP Executive Report
Last update: 6 hours agoTourism: Valletta’s WTTC Global Summit closed after drawing more than 1,000 delegates, including 200-plus tourism executives. Announcements included a drive to support one million tourism SMEs, a youth initiative and a European policy agenda; New Delhi will host the 2027 summit. Business Services: Family-owned Capurro Insurance, marking 150 years, plans to grow its European operations through its Malta office while keeping its Gibraltar business. Shipping: The EU approved €8 million in Maltese state aid to offset maritime fuel costs, as Malta warned that shipping decarbonisation must not undermine competitiveness. Energy: Malta’s reliance on imported electricity is rising as the population grows, sharpening concerns over energy security. Financial Crime: Malta was among eight countries searched in an EPPO investigation into an alleged mobile-phone VAT carousel fraud that caused at least €410 million in losses across the EU.
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