AGP Executive Report
Last update: 3 hours agoDigital Infrastructure: A new undersea internet cable, Ugarit 2, is set to connect Cyprus and Syria (Pentaskhinos to Tartus) by early 2028, replacing the 1995-era link and boosting capacity beyond the current 622 Mbps. Aviation & Connectivity: Passenger flights between Moscow and Damascus resume after an 18-month pause, with Syrian Airlines scheduling weekly Sunday services and fares starting around $490 economy. Finance & Sanctions: Syria’s regional business environment faces tighter compliance pressure as the U.S. SEC orders capital market operators to cut correspondent banking and restrict dealings tied to Iran and North Korea, citing FATF risk updates. Trade & Energy Security: Iraq reports August oil exports averaging about two million barrels per day, with output moving through multiple routes as regional shipping risks keep pressure on chokepoints. Regional Power & Shipping Risk: The Bab el-Mandeb Strait faces heightened threat from Houthi attacks, raising fears of a second Hormuz-like disruption that could ripple into energy costs and trade flows. Renewables Deal: Türkiye and Saudi Arabia plan to expand renewable energy cooperation under COP31, adding 3,000 MW to reach 5,000 MW in Türkiye.
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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