AGP Executive Report
Last update: 2 hours agoKnowledge Economy: Cayman Enterprise City was named the Americas’ leading knowledge zone for 2026 and earned a global honour for responsible AI use. Its special economic zone now hosts 500 businesses. Tourism: Cayman Airways won Caribbean’s Leading Airline at the World Travel Awards and received its first nomination for the global title, a boost to the national carrier’s profile. Public Finance: Government is seeking proposals for a CI$236 million, 15-year loan facility to fund its approved 2026–27 capital programme, with borrowing to be drawn as needed to manage interest costs. Financial Services: CIMA’s new AML and sanctions rules make several requirements enforceable for regulated funds, including annual training for governing-body members and independent compliance audits. Investment Dispute: A Trinidad and Tobago court dismissed a claim over losses in Cayman-based Kijani Commodity Fund and ordered businessman Gary Aboud to pay a consultant US$25,000 for false imprisonment; Aboud plans to appeal.
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