AGP Executive Report
Last update: 2 hours agoDigital Finance: AurenixAI secured a Cayman Islands private fund licence as it develops AI-driven investment strategies. Separately, Indian investigators traced a US$1.5 million crypto fraud to accounts at Cayman-based Gate Global; a court ordered the assets converted to USDT and returned to the victim. Utilities: Caribbean Utilities reported Q3 net earnings up US$1.4 million year over year, US$9.9 million in fuel savings so far this year and a record US$160 million private placement. Tourism & Retail: Cayman recorded an 11th consecutive month of stayover growth, while local dealers report strong demand for Chinese-made cars, with some sold before arrival. Legal Sector: Dentons expanded its Cayman presence by absorbing HSM Chambers, while Mourant’s Cayman and BVI practices earned 12 team rankings in Legal 500 Caribbean 2027.
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