AGP Executive Report
Last update: 3 hours agoGambling Oversight: Armenia has selected Malta-registered Random Systems International to oversee its gambling sector, with the firm tasked to implement an electronic management system within six months. Court & Business: In the Daphne Caruana Galizia murder trial, witness Melvin Theuma told jurors Yorgen Fenech was “preparing champagne” to celebrate and pushed for the killing to stop revelations tied to “Uncle Ray,” as the case continues to link Malta’s business elite to the plot. Banking & Fraud Controls: Bank of Valletta is equipping business customers with tools to spot and stop fraud, adding to Malta’s push for stronger financial crime compliance. Pharma Deal: Gedeon Richter is expanding its partnership with Malta’s Adalvo to develop and access tirzepatide-based therapies for diabetes and obesity. Tourism & Events: SummerDaze is in final preparations at Ta’ Qali, with Lewis Capaldi and Calvin Harris headlining as Malta targets a bigger international events profile. Local Economy (Gozo): PN leader Alex Borg says Gozo needs tailored conditions for young people to build careers, businesses and families, pointing to local firms and agriculture. EU Research Funding: Eurostat data shows Malta remains among the lowest EU spenders on R&D per person, at €73.7 in 2025. Corporate Tax Scrutiny: A report highlights how US firms like Crocs claim profits were earned via small Malta entities, renewing debate over Malta’s corporate tax model. Labour Tensions: The GWU has announced industrial action at Dar Emmaus in Gozo and a dispute with Malta MedAir over engagement and employment documents.
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