AGP Executive Report
Last update: 7 hours agoEnergy Infrastructure: Work in Sicily on Malta’s second electricity interconnector is at an advanced stage, with land-cable installation nearing completion and equipment being fitted at the Ragusa terminal. Startups: More than 50 Maltese startups have received €15 million in support; the businesses have created over 250 jobs, across sectors including AI, fintech, life sciences and semiconductors. Ports and Logistics: A.P. Moller Capital has agreed to buy Portek International, whose seven-terminal portfolio includes Malta; the deal still requires regulatory approvals. Cleaner Shipping: Norwegian Cruise Line Holdings will connect its ships to Malta’s electricity grid while docked, reducing the need to run onboard engines and cutting port emissions. Maltese Business: Malta-based Alkagesta reported first-half revenue of $3.5 billion and a 53% year-on-year rise in trading volumes, with expansion across Europe, Asia and Africa.
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