AGP Executive Report
Last update: 9 hours agoTrade and Technology: A Monaco Chamber of Commerce mission brought 25 executives from 17 local companies to Huawei’s Shenzhen research centre, where they explored AI uses in banking, hospitality, logistics and energy. The week-long trip also visited Hong Kong and Macao. Aviation: At APG World Connect in Monaco, industry leaders questioned how airlines can meet 2050 net-zero goals while sustainable aviation fuel remains scarce; global output is forecast to cover just 0.8% of fuel demand in 2026. Speakers also debated pilotless flights, with regulation and passenger confidence still major hurdles. Shipping: Monaco-based Costamare Bulkers reported third-quarter net income of $16.6 million and said it had $358.2 million in total liquidity. Construction: Monaco’s growth has slowed sharply as the building boom ends, a shift with implications for the construction sector. Workforce: SBM has opened a staff training academy as the Principality’s largest private employer steps up efforts to develop its workforce.
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