AGP Executive Report

Digital Infrastructure & Data Sovereignty: Andorra Telecom CEO Jordi Nadal says the next phase of Andorra’s digital transformation is about who controls data, as the operator pushes standalone 5G, upgrades data centres, expands eSIM uptake (25,000 sold), and adds cellular connectivity for Apple Watch. Retail Banking Experience: MoraBanc highlights a hybrid model for keeping banking personal in a digital age—using online channels for everyday needs while reserving in-branch guidance for complex decisions like investments and financing. Tourism & Labour Market: Andorra’s hotel sector faces ongoing staffing pressure as EU Entry/Exit rules shape non-EU recruitment; the Andorran Hotel Association expects July occupancy around 67.5% and August near 83%. Energy Transition Context: A World Bank report flags higher AI job displacement risk in high-income economies, listing Andorra among the countries most exposed to automation. Corporate Markets: Coca-Cola Europacific Partners shares fell 5.45% after reporting 1H net profit up 5.8% to €991m and keeping full-year forecasts unchanged. Sports & Business Signals: PokerStars’ WCOOP Boot Camp crowned a $1,050 Thursday Thrill winner, while Andorra’s Victoria Jimenez Kasintseva featured in tennis results tied to the National Bank Open.

Digital Infrastructure: Andorra Telecom CEO Jordi Nadal says the country’s digital transformation is moving into a new phase with standalone 5G, data-centre evolution, eSIM growth (25,000 sold so far) and new connectivity services, framing “data sovereignty” as a question of control, not storage. Retail Banking & Services: MoraBanc highlights a hybrid model for keeping banking personal in a digital age—online for everyday needs, with in-branch guidance for complex decisions like investments and financing. Tourism & Staffing: The Andorran Hotel Association warns that winter hiring remains tight as EU Entry/Exit rules shape non-EU recruitment, even while occupancy expectations stay upbeat (about 67.5% in July; 83% forecast for August). Energy Transition: A World Bank-backed message on AI and jobs risk is echoed by broader automation concerns, while a separate Caribbean energy programme stresses institutions and investment to scale renewables (12% of the mix). Corporate Markets: Coca-Cola Europacific Partners reports 1H net profit up 5.8% to €991m and keeps full-year forecasts, but shares fall 5.45% on the day. Sports Business: UEFA-backed boycott talk over FIFA’s proposed World Cup stake sales includes Andorra among the signatories, adding uncertainty to football’s commercial future.

Digital Infrastructure: Andorra Telecom CEO Jordi Nadal says the country’s digital transformation is entering a new phase, driven by standalone 5G rollout, data-centre evolution, eSIM growth (25,000 sold so far), and new connectivity services like cellular Apple Watch support, with “data sovereignty” framed as who controls information, not where it sits. Retail Banking: MoraBanc highlights a hybrid model for keeping banking personal in a digital age—online for everyday needs, with in-branch guidance for complex decisions like investments and financing. Tourism & Labour: Andorra’s hotel sector is still exposed to closure risk from staff shortages, even as EU-wide recruitment rules (Entry/Exit System) reshape how non-EU workers are hired for the winter season. AI Jobs Risk: A World Bank report flags that automation risk is far higher in high-income economies (14.2% of jobs highly automatable) than in low- and middle-income countries (4.5%). Corporate Finance: Coca-Cola Europacific Partners’ Iberia business (including Andorra) posted solid first-half growth, but the group’s shares fell 5.45% after results. Sports & Business Links: UEFA’s planned boycott of FIFA competitions over a proposed private-investor World Cup stake underscores how governance fights can quickly spill into major commercial calendars.

Andorra Banking & Retail Finance: MoraBanc is reshaping retail banking by shifting everyday services online while keeping in-branch relationship managers for bigger decisions like investments, financing, retirement planning and business needs. Hotel Labour Crunch: Andorra’s hotel sector still faces closure risk tied to staff shortages, even as occupancy is holding up (about 67.5% in July and forecast 83% in August), with EU Entry/Exit System rules adding pressure to recruit non-EU workers. AI Jobs Risk: A World Bank report says automation exposure is far higher in high-income economies (14.2% of jobs highly automatable) than in low- and middle-income countries (4.5%), with Andorra listed among the high-income countries assessed. Corporate Markets: Coca-Cola Europacific Partners shares fell 5.45% after its half-year results showed net profit up 5.8% to €991m and revenue up 4.4% to €10.724bn, while forecasts stayed unchanged. Global Mobility Rules: Finland confirmed visa-free access for only two African countries—Mauritius and Seychelles—under Schengen rules, with stays capped at 90 days in any 180-day period. Sports Business Shock: UEFA backed a boycott of FIFA competitions over Infantino’s plan to sell stakes in World Cup commercial operations to private investors, threatening participation across European federations including Andorra.

FIFA Power Struggle: Gianni Infantino has abandoned a plan to sell stakes in future World Cup profits after a backlash that triggered talk of UEFA boycotts and threatens his political grip. UEFA Boycott Line-Up: UEFA says it will boycott FIFA competitions if the sell-off goes ahead, listing 55 member nations including Andorra, Finland and France—raising the odds of major tournament absences. Andorra Banking Model: MoraBanc is reshaping retail banking by pushing everyday services online while keeping in-branch guidance for complex decisions, aiming to keep relationships personal in a digital era. Hotel Staffing Pressure: Andorra’s hotel sector still faces closure risk tied to staff shortages, even as occupancy forecasts point to a strong summer. AI Jobs Warning: A World Bank report finds high-income countries face AI job displacement risk far above lower-income peers, with Andorra named among the higher-risk group. Coca-Cola Results: Coca-Cola Europacific Partners shares fell over 5% after reporting first-half profit growth and keeping full-year forecasts unchanged. Visa Rules Watch: Finland confirms visa-free access for only two African countries (Mauritius and Seychelles), while Oman launches a free 14-day tourist visa category for eligible nationalities. Tourism & Culture: Auvinyà inaugurated a new Charlemagne equestrian sculpture, adding to Andorra’s historical route.

Andorra Banking & Retail Finance: MoraBanc is pushing a hybrid model for retail banking—everyday services stay online, while branches step in for higher-stakes needs like investments, financing, retirement planning and business advice, reshaping how relationship managers spend their time. Hotel Staffing Pressure: Andorra’s hotels still face closure risk tied to staff shortages, even as occupancy trends look resilient (July around 67.5%, August forecast near 83%), with EU Entry/Exit rules shaping non-EU recruitment planning. Global Markets—Soft Drinks: Coca-Cola Europacific Partners shares slid over 5% after reporting 1H net profit up 5.8% to €991m and revenue up 4.4% to €10.724bn, while highlighting solid growth in Iberia (including Andorra). Tourism & Mobility Rules: Oman launched a free 14-day tourist visa category for selected nationalities, while Finland confirmed visa-free access for only two African countries (Mauritius and Seychelles). FIFA Governance Shock: FIFA’s plan to sell stakes in World Cup profits triggered a backlash, with UEFA threatening a boycott of FIFA competitions if the proposal goes ahead.

Corporate Earnings Watch: Coca-Cola Europacific Partners shares slid 5.45% after reporting 1H net profit of €991m (+5.8%) and €10.724bn revenue (+4.4%), while keeping full-year forecasts unchanged; Iberia (including Andorra) posted €1.639bn revenue (+5.4%) and volume growth driven by sugar-free, energy and hydration. Retail Banking in Practice: MoraBanc is reshaping branch roles by shifting everyday retail services online while keeping in-person guidance for complex decisions like investments, financing and regulatory advice. Tourism & Staffing Pressure: Andorra’s hotel sector still faces closure risk from staff shortages, even as occupancy expectations point to resilience for the coming months. EU Border Rules for Hiring: New EU Entry/Exit System experience is already shaping non-EU recruitment planning for Andorra’s hotels ahead of winter. Local Culture & Heritage: Auvinyà (Sant Julià de Lòria) inaugurated a life-size Charlemagne equestrian sculptural installation, adding to the parish’s historical route. Global Mobility & Travel Policy: Finland confirmed visa-free access for citizens of only two African countries (Mauritius and Seychelles) under Schengen rules, while Oman launched a free 14-day tourist visa category for selected nationalities.

Andorra Tourism & Labour: Andorra’s hotel sector is still juggling closure risk tied to staff shortages, even as occupancy trends look resilient, with the industry pointing to the need for smoother non-EU recruitment under EU Entry/Exit rules. EU Mobility Rules: Finland has confirmed visa-free access for citizens of only two African countries—Mauritius and Seychelles—under strict Schengen conditions, while Oman has launched a free 14-day tourist visa category for selected nationalities (with the eligible list still pending). Banking & Digital Service Models: MoraBanc is highlighted for a hybrid retail banking approach—keeping everyday services online while reserving in-branch guidance for complex decisions like investments and financing. Football Governance Shock: FIFA president Gianni Infantino has abandoned a controversial plan to sell minority stakes in World Cup profits after backlash, but the wider fallout includes UEFA’s threat of boycotts if similar proposals return. Real Estate & Development: Black Horse Partners is pushing into southern Spain with Nacaré Residences in Estepona, its first project in the region, targeting premium sea-view homes. Culture & Heritage: Auvinyà inaugurated a new equestrian Charlemagne sculptural installation, adding to Andorra’s historical-art route. Sports Spotlight: Tadej Pogacar is returning to the Spanish Vuelta to chase a Grand Tours hat trick, while Remco Evenepoel set a record with a fourth San Sebastián win.

Retail Banking Strategy: Andorra-based MoraBanc is pushing a hybrid model—everyday transactions move online, while branches and relationship managers step in for investments, financing, retirement planning, protection and business needs. Tourism & Labour: Andorra’s hotels still face closure risk as staffing shortages bite, even as occupancy expectations remain relatively upbeat. EU Border Rules for Hiring: New EU Entry/Exit System experience is shaping how Andorra and EU-facing employers recruit non-EU workers ahead of the winter season. Local Culture & Heritage: Auvinyà (Sant Julià de Lòria) inaugurated a new equestrian sculptural installation dedicated to Charlemagne, linking tourism, art and local identity. Visa Policy Watch: Finland confirmed visa-free access for citizens of about 60 countries/territories, with only Mauritius and Seychelles among African nations; Oman also announced a free 14-day tourist visa category for selected countries. Global Business Shock: FIFA scrapped a controversial plan to sell stakes in World Cup profits after backlash, with UEFA threatening boycotts if the proposal returns.

Visa Policy Watch: Oman has launched a free 14-day tourist visa for citizens of selected countries, effective Aug 3 after amendments published in the Official Gazette; the country hasn’t yet released the eligible-country list. Schengen Mobility: Spain and Finland both reaffirm that visa-free access under standard Schengen rules is limited—Spain says only Mauritius and Seychelles qualify for short stays (up to 90 days in any 180), while Finland grants visa-free entry to about 60 countries/territories, with just two African nations on the list. Tourism & Labour: Andorra’s hotel sector remains exposed to closure risk tied to staff shortages, even as occupancy expectations stay positive; the EU Entry/Exit System is also shaping non-EU recruitment planning. Sports Governance & Money: FIFA’s plan to sell minority stakes in World Cup profits has been abandoned after backlash, but the fallout continues with UEFA-led boycotts of FIFA competitions if the scheme returns. Local Culture: Auvinyà (Sant Julià de Lòria) inaugurated a life-size equestrian Charlemagne sculptural installation, adding to Andorra’s heritage route.

FIFA Governance Shock: Gianni Infantino has abandoned a plan to sell minority stakes in future World Cup profits to private investors after a backlash that included European vows to boycott FIFA events, throwing fresh uncertainty over FIFA’s commercial direction. UEFA Boycott Escalation: UEFA says it will boycott FIFA competitions if the proposal goes ahead, with 55 member nations listed as backing the move—Andorra included—turning a corporate finance dispute into a major sporting standoff. Andorra Tourism & Labour: Andorra’s hotel sector is still juggling closure risk tied to staff shortages, even as occupancy expectations look resilient (about 67.5% in July and 83% in August), while EU Entry/Exit rules shape non-EU recruitment planning. Local Culture & Economy: Auvinyà (Sant Julià de Lòria) inaugurated a new Charlemagne equestrian sculptural installation, backed by the Head of Government and the French ambassador, adding to the parish’s heritage route and visitor draw. Mobility Rules Watch: Spain confirmed only Mauritius and Seychelles have visa-free access for ordinary passport holders under Schengen rules, with travellers still needing to meet standard border checks. Wall Street Calendar: U.S. earnings and key jobs data are set to drive market focus this week, with reports from major consumer and travel names and the monthly employment update in the spotlight.

FIFA Shockwave: Gianni Infantino has abandoned his plan to sell minority stakes in future World Cup and FIFA event profits to private investors after a backlash that included European vows to boycott FIFA competitions; the move threatens his political standing even as the 2026 tournament was a financial and on-field success. European Boycott Fallout: UEFA says the World Cup “is not for sale” and that its 55 member nations would skip FIFA events if the proposal goes ahead, with Andorra listed among the potential absentees. Andorra Tourism Watch: Andorra’s hotel sector still faces closure risk tied to staff shortages, even as occupancy is expected to hold up (about 67.5% in July and 83% in August). Workforce Rules for Hotels: New EU Entry/Exit System rules are already shaping non-EU recruitment planning for Andorra’s hospitality employers ahead of winter. Local Culture & Business Tourism: Auvinyà inaugurated a new Charlemagne equestrian sculpture installation, adding another stop to Andorra’s heritage route. Global Mobility Snapshot: The Henley Passport Index ranks Singapore top for visa-free access, underscoring how travel access remains a business lever for tourism and cross-border spending.

FIFA Fallout: Gianni Infantino has abandoned a plan to sell minority stakes in World Cup and other FIFA profits to private investors after a backlash that included European nations threatening to boycott FIFA events; the dispute now threatens his political standing and could reshape tournament funding. UEFA Boycott Watch: UEFA says it will boycott FIFA competitions if the proposal goes ahead, and lists the countries involved—Andorra included—raising the risk of major absences from future men’s and women’s tournaments. Andorra Tourism & Labour: Andorra’s hotel sector still faces winter closure risk tied to staff shortages, even as occupancy forecasts look resilient (about 67.5% in July and 83% in August), with new EU recruitment rules affecting non-EU hiring. Local Culture & Heritage: Auvinyà inaugurated a new equestrian Charlemagne sculptural installation, backed by the Head of Government and the French ambassador, adding to the parish’s historical-art route. Business & Property: Black Horse Partners launched Nacaré Residences in Estepona, its first southern Spain project, with 20 sea-view homes aimed at the Costa del Sol premium market. Travel Mobility: Passport rankings show Singapore as the most powerful in 2026, while European passports remain strong—useful context for cross-border business travel and mobility planning.

FIFA Fallout: Gianni Infantino has abandoned a controversial plan to sell minority stakes in future World Cup profits after a backlash that included vows from European federations to boycott FIFA events; the dispute centers on FIFA Forward Enterprise and private investors led by Joshua Kushner, with UEFA warning the World Cup “is not for sale.” UEFA Boycott Watch: UEFA says its 55 member associations will refuse to take part in FIFA competitions if the scheme goes ahead, listing countries including Andorra among those backing the stand. Andorra Tourism & Labour: Andorra’s hotels still face winter closure risk as businesses struggle to secure enough staff, even as occupancy forecasts remain relatively strong (around 67.5% in July and 83% in August). Local Culture & Heritage: Auvinyà (Sant Julià de Lòria) inaugurated a new life-size equestrian sculptural installation dedicated to Charlemagne, with support from the Head of Government and the French ambassador. Real Estate Expansion: Black Horse Partners, headquartered in Barcelona and Andorra, launched Nacaré Residences in Estepona, southern Spain—its first southern Spain project—offering 20 sea-view homes.

FIFA vs UEFA Power Struggle: FIFA president Gianni Infantino’s plan to sell minority stakes in a new World Cup commercial vehicle has triggered a major backlash, with UEFA voting to boycott future FIFA competitions if the scheme goes ahead and 55 UEFA nations (including Andorra) pledging to stay out. World Cup Format Shake-up: FIFA’s proposal also points to expanding the men’s World Cup again—potentially moving toward 64 teams in 2030—tied to the same private-investment push. Local Business & Investment Links: The dispute matters for European football economics and governance, while Andorra’s inclusion in the boycott list underlines how small markets can get pulled into big commercial fights. Gaming Regulation Watch: Jamaica issued its first regulated casino operator licence to Adamas Grand Casino, with management linked to Spanish gaming group Grupo Orenes (which operates in Andorra), highlighting cross-border expansion in regulated entertainment. Community Development Funding: Australia opened a second round of its Solomon Islands-Australia Community Partnerships for 2026, funding hundreds of projects and local hardware/transport businesses. Real Estate & Residency Signals: Black Horse Partners announced its first southern Spain project, Nacaré Residences in Estepona, as Europe’s golden-visa routes tighten and buyers look elsewhere.

Regulated Gambling Expansion: Jamaica has issued its first casino gaming operator’s licence to Adamas Grand Casino, set to open at the Princess Grand Jamaica Resort in Green Island, Hanover, with Grupo Orenes managing under a deal; the CGC says the licence followed due diligence on ownership, finances and integrity, and requires anti-money laundering controls, responsible gaming, surveillance and technical links to regulators. Football Governance Clash: UEFA has backed a boycott of FIFA competitions if Gianni Infantino’s plan to sell minority stakes in the World Cup and other tournaments to private investors is approved, arguing the World Cup “is not for sale”; the dispute is already pulling in many European federations, including Andorra. Travel & Loyalty Deals: Qatar Airways launched a 2X Avios promotion for Privilege Club members with European account addresses, including Andorra, using code JULYPC (book by July 31; fly by Dec 15, 2026).