AGP Executive Report
Last update: 7 hours agoHotel & Expansion: Corinthia has appointed Peter Roth as president of hotel operations, tasking him with boosting service standards and profitability while preparing new openings including in the Maldives. Aviation Costs: India cut aviation turbine fuel (ATF) by Rs 5/litre from July 1, with export duties on petrol, diesel and ATF also revised; the Maldives is newly added to the list of countries exempt from these export levies. Investment & Infrastructure: BlueFive Capital will acquire a 70% stake in UAE dredging and land reclamation firm Gulf Cobla, citing past work including the Maldives’ Male airport. Banking & Offers: Bank of Maldives launched an Amex Platinum card promotion with a lucky draw prize trip to the 2026 Singapore Grand Prix. Telecom Leadership: Dhiraagu announced CEO succession, with Valdemar Ferradaz set to take over from Ismail Rasheed’s retirement. Tourism Economy: A study estimates manta ray watching could add over US$311m annually to the Maldives economy and up to US$8.6bn over manta rays’ lifetimes. Digital Marketplace: Maldives launched a digital marketplace for local creators.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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