AGP Executive Report

Gambling Inquiry: San Marino’s state-owned Giochi del Titano is under investigation over an alleged scheme that routed cash from false invoices through purported slot-machine winnings. Investigators traced about €7.5 million linked to two customers between 2019 and 2026; seven people are under investigation, including the company’s chief executive and deputy manager. Sanctions Exposure: The U.S. sanctioned 17 tankers accused of moving Iranian oil and petrochemicals; San Marino was among the jurisdictions where the vessels were registered. Business Aviation: San Marino was the most common destination registry for U.S. large-cabin jet exports over the past four quarters, accounting for 30 of 146 aircraft, according to a new industry tracker.

Public-Sector Gambling Probe: San Marino’s state-owned Giochi del Titano is under investigation in an alleged scheme involving false invoices and cash presented as slot-machine winnings. Investigators traced about €7.5 million linked to two customers between 2019 and 2026; seven people are under investigation. Business Aviation: San Marino was the leading destination registry for U.S. large-cabin jet exports over the past four quarters, accounting for 30 of 146 aircraft, according to a new industry tracker. Shipping Sanctions: San Marino was among the jurisdictions where the 17 tankers targeted in the latest U.S. sanctions on Iran’s shadow fleet were registered.

Shipping Sanctions: The U.S. Treasury targeted 17 Iranian-linked tankers registered across multiple jurisdictions, including San Marino, and designated 18 companies tied to Iran’s oil and petrochemical sectors. Business Aviation: San Marino was the most common destination registry for U.S. large-cabin jet exports over the past four quarters, with 30 of 146 aircraft, according to a new industry tracker. Roaming: Vodafone Spain extended free roaming in San Marino and other destinations through March 2027 for customers on eligible plans.

Business Aviation: San Marino was the leading destination registry for U.S. large-cabin jet exports over the past four quarters, accounting for 30 of 146 aircraft, compared with 11 each for Canada and the Cayman Islands. The new tracker also counted 40 U.S. jet exports in Q3 2026, up from 23 a year earlier. Connectivity: Vodafone Spain extended its free roaming promotion through March 2027, including San Marino among the covered destinations.

Business Aviation: San Marino was the most common destination registry for U.S. large-cabin jet exports over the past four quarters, accounting for 30 of 146 aircraft, according to a new tracker. U.S. exports reached 40 jets in Q3 2026, up from 23 a year earlier. Telecoms: Vodafone Spain extended its free-roaming promotion through March 2027, including San Marino among the covered destinations for eligible customers.

Aviation & Trade: MyVIP Aviation’s new Large-Cabin Jet Export Tracker says 40 U.S.-registered large-cabin business jets were deregistered for export in Q3 2026, up from 23 in Q3 2025; exports totaled 109 in the first nine months of 2026 versus 89 in the same period of 2025. San Marino Link: Over the last four quarters, San Marino was the most common destination registry (30 of 146 exports), ahead of Canada and the Cayman Islands (11 each). Business Aviation Fleet Trends: Gulfstream G700/G800 led model exports (34), followed by Bombardier Global (27). Local Economy & Mobility: Redwood Bikeshare in Marin and Sonoma is getting $2m+ for a three-year extension and expansion, with local/regional funding plus a $1m state earmark aimed at adding more bikes and station connections along the SMART corridor. Diplomacy & Investment Signals: Trinidad and Tobago plans its first Middle East embassy in the UAE, alongside a UAE grant for Couva Children’s Hospital equipment—framing the move as a trade and investment push. Cross-border Costs: Vodafone Spain extended free roaming to end-March 2027, covering San Marino under its zone 7. Policy Watch: The EU’s Entry/Exit System is driving biometric registration for many UK travelers, with passport stamping phased out.

Aviation & Trade: MyVIP Aviation launched a quarterly tracker of U.S.-registered large-cabin business jets deregistered for export, finding 40 jets left in Q3 2026 (up from 23 in Q3 2025) and 109 exports in the first nine months of 2026 versus 89 in the same period of 2025; over the last four quarters, San Marino was the most common destination registry (30 of 146). Cross-border Mobility: Vodafone Spain extended its free-roaming promo outside the EEA until end-March 2027, covering zone 7 including San Marino and the Vatican. Diplomacy & Investment Signals: Trinidad and Tobago announced it will open its first Middle East embassy in the UAE, alongside a UAE grant for Couva Children’s Hospital equipment and a push to expand trade links. Local Economy Pressure: LA County sales tax rises to 10.25% from Oct. 1 under Measure ER, with San Marino cited at 11.25% in the same coverage. Business Aviation Appointments: DC Aviation Al-Futtaim named Lija Wierieszczinskaja as Commercial Head to drive growth in aircraft management, charter and VIP handling.

Business Aviation Exports: MyVIP Aviation’s tracker shows U.S. large-cabin jet deregistrations for export rose to 40 in Q3 2026 (from 23 a year earlier), with 109 exports in the first nine months of 2026. San Marino Link: San Marino was the most common destination registry, with 30 of 146 exports over the period. Diplomacy & Trade: Trinidad and Tobago announced it will open its first Middle East embassy in the UAE, alongside a UAE grant for Couva Children’s Hospital equipment and a push to expand trade. Travel Rules Affecting San Marino: Vodafone Spain extended free roaming to March 2027, covering San Marino and the Vatican; separately, the EU Entry/Exit System (EES) is reshaping European border processing for many travelers. Aviation Management: DC Aviation Al-Futtaim appointed Lija Wierieszczinskaja as Commercial Head to drive growth in charter and VIP handling. Tech & Health: Xenix Medical received FDA clearance for NanoACTIV Surface Technology on its Riva spinal pedicle screw system.

Broadcast Rights & Sports Business: Rai has secured rights to air Italy’s Davis Cup semi-final and final matches (if Italy beats South Korea), with coverage spanning TV, digital and mobile in Italy, San Marino and the Vatican—an example of how major sports media deals reach micro-markets. Space Policy & Economy: San Marino became the 76th signatory to the Artemis Accords, joining a fast-growing list of countries setting rules for lunar activity as government and private missions ramp up. EU Mobility Costs: Vodafone Spain extended its free-roaming promo outside the EEA until March 2027, explicitly including San Marino in the coverage zone—useful for cross-border business travel. Diplomacy & Trade Signals: Trinidad and Tobago announced plans for its first Middle East embassy in the UAE, alongside an investment push tied to hospital equipment grants—highlighting how diplomacy is being used to unlock financing and trade. Regional Sports Results: In UEFA Nations League play, San Marino lost 0-3 to Albania, underscoring the competitive pressure on smaller teams.

Space & Law: San Marino has become the 76th signatory to the Artemis Accords, joining a fast-growing list of countries setting shared expectations for lunar missions as the US and China push for permanent bases and the big question of who can benefit from moon resources remains unsettled. Diplomacy & Trade: Trinidad and Tobago says it will open its first Middle East embassy in the UAE, alongside a UAE grant for Couva Children’s Hospital equipment—moves framed as boosting investment, financing and trade links. EU Mobility Costs: Vodafone Spain extended free roaming outside the EEA until March 2027, explicitly including San Marino in its coverage list. Border Rules: The EU’s Entry/Exit System is reshaping travel into Schengen with biometric registration and fewer passport stamps, with knock-on delays already reported. Business Aviation: DC Aviation Al-Futtaim appointed Lija Wierieszczinskaja as Commercial Head to drive growth in aircraft management, charter and VIP handling. Local Economy Angle: Aterio flagged power-grid approval delays as a material risk to Oracle’s Wisconsin data center delivery timeline.

Retail Expansion: San Marino–Italy furniture group Febal Casa says it has opened 23 new mono-brand stores (10 in Italy, 13 abroad), pushing its total to 283 locations, with growth across the U.S., Nigeria, Spain, France, Greece, Switzerland and Gibraltar. Diplomatic & Trade Push: Trinidad and Tobago plans its first Middle East embassy in the UAE, alongside a UAE grant for equipment for Couva Children’s Hospital and a broader push to expand trade, including with Venezuela. Space Policy: San Marino became the 76th signatory to the Artemis Accords, joining a fast-moving wave of new participants and reinforcing shared rules for lunar activity. Travel Rules Impacting Business: The EU’s Entry/Exit System (EES) is expanding biometric checks for many travelers, including routes that cover San Marino, with knock-on effects for tourism and cross-border logistics. Tech/Healthcare Approvals: Xenix Medical received FDA clearance to add NanoACTIV Surface Technology to its Riva spinal pedicle screw system. Local Cost Pressure: LA County’s sales tax rises to 10.25% from Oct. 1, with San Marino city listed at 11.25%, affecting consumer spending.

Artemis Accords: San Marino became the 76th signatory to the Artemis Accords, signing in Rimini on Sept. 25—one day after Côte d’Ivoire joined—expanding shared rules on lunar cooperation, transparency, emergency assistance, and protecting historic sites. San Marino Football: In the UEFA Nations League, San Marino lost 0-3 to Albania, adding to a tough start in the campaign. Retail Expansion (San Marino-linked): Febal Casa, a San Marino, Italy-based furniture group, opened 23 new mono-brand stores (10 in Italy, 13 abroad), pushing its total to 283 and highlighting continued international growth. Global Business Context: Aterio flagged grid-power and permitting delays as key risks to Oracle’s Wisconsin data center delivery timeline, with meaningful load unlikely before mid-2028. Travel & Telecom (San Marino mentioned): Vodafone Spain extended free roaming to March 2027, explicitly including San Marino in its coverage zones.

Artemis Accords: San Marino became the 76th signatory to NASA’s Artemis Accords on Sept. 25, signing in Rimini a day after Côte d’Ivoire joined—commitments include transparency, emergency assistance, open scientific data, and protecting historic lunar sites. Diplomacy & Investment: Trinidad and Tobago announced it will open its first Middle East embassy in the UAE, alongside a major UAE grant for critical equipment for Couva Children’s Hospital—part of a wider push to attract investment and expand trade. San Marino in sport/business context: In the UEFA Nations League, San Marino lost 0-3 to Albania, while the wider matchday also saw Spain beat Croatia 4-1 and England win 2-0—useful for local visibility even when it’s not an economic story. Retail expansion (San Marino-linked): Febal Casa, a San Marino, Italy-based furniture group, opened 23 new mono-brand stores (10 in Italy, 13 abroad), lifting its total to 283, with growth across the U.S., Nigeria, Spain, France, Greece, Switzerland and Gibraltar. Travel rules affecting commerce: The EU Entry/Exit System (EES) is expanding biometric checks for many travelers, with San Marino listed among destinations covered by Vodafone Spain’s extended free-roaming promo until March 2027.

San Marino in the spotlight: The Republic of San Marino signed the Artemis Accords, becoming the 76th signatory—an extra boost for its space and technology positioning as more countries align on shared lunar rules. EU travel rules hit home: The EU’s Entry/Exit System (EES) is rolling out across 29 countries, requiring biometric registration for most non-EU visitors and ending passport stamping—an operational headache that has already triggered queues and delays. Local business expansion: San Marino, Italy-based Febal Casa keeps growing, opening 23 new mono-brand stores (10 in Italy, 13 abroad) and pushing its network to 283 locations. Global policy & markets: Germany confirmed easier work access for citizens of six Western Balkan countries under a special regulation, while Vodafone Spain extended free roaming outside the EEA (including San Marino) until March 2027. Sports finance watch: Manchester City lodged an appeal over Premier League financial-rule breaches, keeping the club’s legal and reputational risk in play.

San Marino in Space Policy: The Republic of San Marino became the 76th signatory to the Artemis Accords, with Industry Minister Rossano Fabbri signing in Rimini—an update that matters for future rules on lunar activity and commercial missions. San Marino Legal & Banking: A San Marino lawyer says a long-running dispute involving Banca di San Marino shifted from complainant to defendant, with her father later indicted for slander after authorities allegedly failed to examine a key document on the merits. EU Travel Rules: New EU Entry/Exit System (EES) biometric checks are rolling out for many UK and non-EU travellers, with passport stamping phased out and earlier summer delays prompting calls for more time. Retail & Consumer Costs: LA County sales tax rises to 10.25% on Oct. 1 under Measure ER, lifting several city rates; San Marino is listed at 11.25% in the same coverage. Business Aviation: Luxaviation Belgium added its first Gulfstream G700, while DC Aviation Al-Futtaim named a new commercial head to push growth across charter and VIP handling. Global Economy Watch: Aterio flags grid-power and permitting risks that could delay Oracle’s Wisconsin data center delivery timeline.

San Marino in space policy: San Marino became the 76th signatory to NASA’s Artemis Accords, with the agreement signed in Rimini, Italy—an upgrade for the country’s role in future lunar cooperation. San Marino legal spotlight: A San Marino lawyer says her father has been indicted for slander after a long-running dispute tied to a €6.6m debt claim involving the Banca di San Marino group, raising questions about whether key documents were ever examined on the merits. EU border rules hit travel planning: The EU’s Entry/Exit System (EES) is rolling out for many non-EU visitors, requiring biometric registration in participating countries; passport stamping is phased out and some countries have already reported queues and delays. Retail expansion with San Marino links: Febal Casa, a San Marino/Italy-based furniture firm, opened 23 new mono-brand stores (10 in Italy, 13 abroad), pushing its network to 283 locations. Business aviation appointment: DC Aviation Al-Futtaim named Lija Wierieszczinskaja as Commercial Head to drive growth across aircraft management, charter and VIP handling. Tech and privacy debate: A new wave of coverage highlights Flock roadside camera systems and the privacy concerns they’re sparking.