AGP Executive Report
Last update: 5 hours agoEnergy: Iberdrola briefly overtook NextEra on October 6, reaching a market value of €141.6 billion and becoming the world’s largest private electric utility before NextEra regained the lead later that day. AI & Jobs: Madrid-based Job&Talent says its AI agents have cut operating costs by more than 30%; the company reports 5 million AI-led interviews and expects EBITDA growth above 100%. Start-ups: Spanish start-ups raised $1.2 billion in the third quarter, as European venture funding hit a four-year high of $25 billion; AI accounted for 75% of the continent’s total. Tourism: WTTC forecasts Spain’s travel and tourism sector will grow 3.7% in 2026, with international visitor spending up 5.3%; Spain recorded $130.1 billion in such spending in 2025. Housing & Politics: The housing crisis is shaping Spain’s November 29 snap election, with the government reviving rent-cap measures and unions planning a nationwide strike on November 11. Holiday rentals also face a new VAT from December 1.
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