AGP Executive Report
Last update: 8 hours agoEnergy Connectivity: Cyprus and Lebanon agreed with the World Bank to commission a preliminary feasibility study on linking their electricity grids, using a phased approach to assess supply-demand balance and then techno-economic viability—aimed at boosting energy security and regional economic development. Trade & Industry: Syria and Lebanon signed a memorandum between their chambers of commerce to expand trade and industrial cooperation, including information exchange, trade facilitation, and joint economic activities. Infrastructure & Engineering: Lebanon-founded Dar Al-Handasah Consultants was contracted to provide engineering supervision and project management for Kenya’s JKIA expansion, covering design review, contract administration, and construction oversight. Regional Finance Compliance: FATF updated its high-risk and monitored jurisdictions list, removing Algeria and Namibia and adding Bosnia and Iraq, signaling continued pressure on anti-money laundering and counter-terror financing gaps. Lebanon Security/Policy Spillover: Iraq expanded sanctions tied to Hezbollah and ISIS financing networks, tightening banking and asset-freeze measures that could affect regional business and financial flows.
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