The cruise sector is a success story for Greece contributing 1.4 billion euros to the economy in 2022. CLIA has long called for more investment in port infrastructure and worked with destinations to implement efficient planning for cruise ship berthing. Any increase in the existing port fee should be fit for purpose, proportionate to the specific port investment needs, and apply across all visitors, with revenues directly reinvested into port operations and the local communities.

Brookfield-backed Data4 will invest around €300 million ($331 million) to build and develop a new hub in Greece amid increasing demand for data centers driven by artificial intelligence services.

TITAN Group announced the launch of a Sustainability-Linked Financing Framework (the “Framework”) aligning TITAN’s financial strategy with its GHG emission reduction targets validated by the Science Based Targets initiative (SBTi). This Framework marks a pivotal step in accelerating the company's sustainable growth in line with its Strategy 2026.

Glencar has completed construction of 14 new industrial units for Chancerygate at the Dagenham Logistics Hub development in Dagenham, London.

The Hellenic Republic Asset Development Fund (HRADF), a member company of GROWTHFUND – The National Fund of Greece, announced the singing of the concession agreement for the financing, operation, maintenance and exploitation of Attica Motorway for a period of 25 years, between the Greek State, the Fund, the concession company NEA ATTIKI ODOS S.A. and GEK TERNA S.A., which in September 2023 in the tender carried out by HRADF was declared Preferred Investor with an offer of 3,27 billion euros.

The number of job vacancies in the 2nd quarter 2024 recorded an increase of 58.8% in comparison with the 2nd quarter 2023 (58,941 and 37,107 respectively), whereas the corresponding number of job vacancies in the 2nd quarter 2023 had recorded an increase of 36.2% in comparison with the 2nd quarter 2022.

The United Nations Development Program (UNDP) is working with WASP to assist in the construction of sustainable buildings in Colombia. UNDP has acquired a Crane WASP and is using local materials like soil and agricultural waste to build in hard-to-reach areas. Known as the Infinity 3D printer, the Crane WASP is designed for versatility and mobility, making it suitable for remote locations.

The ministerial decision regulating the latest developments with regards to the Real Estate Acquisition and Leasing Agency in Greece in order to submit the binding offers and complete the tender processwas published in the Official Gazette.

Lone Star Funds announced the final close of its latest commercial real estate fund, Lone Star Real Estate Fund VII, L.P. (“LSREF VII”).

There were five financial offers submitted in the ERGOSE tender for the project of the new railway line in the Nea Karvali - Toxotes section, with an auction budget of €193.2 million.

The invitation of the Preservation of Public Sector Buildings Program has been published for interventions in classified as preserved public buildings owned, owned and used by Central Government Public Bodies and/or monuments or historical buildings within historical places and traditional settlements.

Record production to date in the period, with Group production in June 2024 averaging 177 kboed (84% gas), including 140 kboed (86% gas) from the continuing operations, reflecting the step-up in demand during the summer in Israel. • Group production during H1 2024 was 146 kboed (82% gas), a 38% increase year-on-year (H1 2023: 106 kboed)

The European Central Bank (ECB) is expected to cut its key interest rate by 0.25% on Thursday, according to the majority of economists both in Greece and in the rest of the Eurozone.

According to provisional data from the Bank of Greece, apartment prices (in nominal terms) are estimated to have increased on average by 9.2% year-on-year in the second quarter of 2024.

Correspondingly, in Greece, the ESEK under review sets ambitious targets for the acceleration of RES, as well as for new electricity storage infrastructures. This means that the role of gas plants in power generation will steadily shrink, following the downward trajectory of lignite.