AGP Executive Report
Last update: 10 hours agoGeothermal Push: Reykjavik Energy has signed with Iceland Drilling to start work on the IDDP-3 geothermal exploration well later this year at Nesjavellir, advancing Iceland’s deep drilling research plan. Aviation & Jobs: Icelandair plans to phase out Boeing 757s and 767s earlier than expected, while also signaling a stronger summer despite an ISK 4bn quarterly loss. Housing Pressure: Iceland house price growth is slowing as the rental market expands, with more homes closing below ISK 80 million. Education Policy: Iceland will require full tuition fees for most students from outside the EEA starting in 2027–2028, aligning with Nordic practice. Food & Retail: Momentum Carnivore Nutrition expands its Icelandic fish chew range with four new SKUs, built from wild-caught fish processed the same day. Cruise & Shipbuilding: Explora Journeys takes delivery of LNG-capable Explora III, with Iceland and Greenland routes flagged for the maiden season. EU Sanctions: The EU adopted its 21st Russia sanctions package, tightening controls affecting finance, energy, crypto and the military-industrial sector.
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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