AGP Executive Report
Last update: 10 hours agoTourism & Investment: Royal Caribbean Group agreed to buy a 50% stake in Sandals and Beaches Resorts in a landmark US$3bn deal, valuing the Caribbean brand at about US$6bn, with closing expected in early 2027—an expansion move that could boost cruise-and-stay demand across the region, including Sandals properties in Grenada. Diplomacy & Trade: Grenada and Nepal formally established diplomatic relations effective Sept. 14, with a New York communiqué signed by Grenada’s Finance Minister Dennis Cornwall and Nepal’s Foreign Affairs Minister Shisir Khanal. Regional Health Security: CARPHA and PAHO convened a four-day respiratory virus surveillance and lab diagnostics workshop in Trinidad and Tobago, including Grenada, to strengthen SARI/ARI detection and faster response to threats like influenza, RSV and COVID-19. Energy & Procurement: Grenada published a tender for preparatory civil infrastructure and water-supply equipment for geothermal slim-hole drilling at two sites, with bids due Nov. 6, supported by CDB funding. SME & Livelihoods: Grenada Sustainable Development Trust Fund opened EOI processes for business development, mentorship and skills support for SMEs tied to the Woburn–Clarke’s Court Bay Marine Protected Area, with deadlines in early October and seed grants up to US$5,000.
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