Nicosia Chamber of Commerce and Industry appoints new head

Nicosia Chamber of Commerce and Industry appoints new head

The Nicosia Chamber of Commerce and Industry (Evel) on Monday announced the appointment of Andreas Antoniades as its new director general. According to the announcement, the decision was ratified by the Evel board of directors during their meeting on May 8 and came into effect from May 18. The announcement noted that Andreas Antoniades has […]

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Bank of Cyprus completes new share buyback round

Bank of Cyprus completes new share buyback round

The Bank of Cyprus announced on Monday that it completed a new round in its share buyback programme, which was originally disclosed in April of this year, with 34,150 shares being purchased in total. According to an official announcement, the bank acquired 22,183 shares on the London Stock Exchange (LSE) at a weighted average price of £3.68 per share and 11,967 shares on the Cyprus […]

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Chief Scientist participates in Digital Twin 4 Health symposium

Chief Scientist participates in Digital Twin 4 Health symposium

Chief Scientist Demetris Skourides was a prominent participant in the First International Symposium: Digital Twins 4 Healthcare, according to an official statement by the foundation. Held on May 16 and 17, this cutting-edge event was organised by the University of Cyprus alongside CYENS, KOIOS, and EPOS-IASIS, drawing an impressive cadre of over 45 international researchers. […]

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Cyprus holiday home prices hit eight-year high

Cyprus holiday home prices hit eight-year high

Market has overcome impacts of Covid-19 By Kyriacos Kiliaris If you’re in the market for a vacation home on the island, you might be in for a sticker shock, as sale price and rental rates for these properties have soared to eight-year highs, showing that the sector has rebounded fully from the Covid-19 pandemic. Rental […]

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Government to further support beekeeping, Agriculture Minister says

Government to further support beekeeping, Agriculture Minister says

The government will continue its efforts with a view to further support beekeeping, Minister of Agriculture, Rural Development and Environment, Maria Panayiotou, has said. She was addressing a Bee Festival in Ora village on 19 May, on the occasion of “World Bee Day”. Panayiotou said that an important tool for the development of beekeeping in Cyprus is the Beekeeping Programme […]

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Cyprus banks plan how to turn green

Cyprus banks plan how to turn green

Cypriot banks are urging a combination of government and regulatory policies to achieve a healthy, effective and optimal green transition. Banks stress their key role in this transition, emphasizing that while they should make significant financial contributions, the government must also align its policies with the banks to facilitate the green transition. Representatives from all […]

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RCEP, FTAs to help Cambodia attract more FDIs, boost exports

RCEP, FTAs to help Cambodia attract more FDIs, boost exports

The Regional Comprehensive Economic Partnership (RCEP) agreement and bilateral free trade agreements (FTAs) are expected to help Cambodia attract more foreign direct investment (FDIs) and boost its exports, National Bank of Cambodia’s Governor Chea Serey said here on Monday. Cambodia is a member of the RCEP agreement that engaged with 15 Asia-Pacific countries, and the […]

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Kingdom, Korea to establish trade consultation channel soon

Kingdom, Korea to establish trade consultation channel soon

Cambodia and South Korea will have ‘Regular Consultation Sessions’ aimed at boosting trade and investment cooperation between the two countries. This was decided during the high-level talks between Prime Minister Hun Manet and Yoon Suk Yeol, President of the Republic of Korea, recently during the visit of the Cambodian leader to Seoul. Mr Hun Manet […]

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Cypriot tech company takes a bold leap into mixed reality

Cypriot tech company takes a bold leap into mixed reality

Ascation’s founding visionaries George Tziazas and Minas Kyriakou chart Ascanio’s course, including their early struggles and triumphs, as well as the support they received along the way. By Souzana Psara From the moment I stepped into Ascanio’s dynamic space in Nicosia, I could sense an atmosphere charged with creativity and ambition. George Tziazas, the CEO, and Minas Kyriakou, […]

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Eurobank Group reports robust first quarter results

Eurobank Group reports robust first quarter results

Eurobank Holdings this week released its financial results for the first quarter of 2024, showcasing significant growth and robust performance across various metrics, including in its operations in Cyprus. “Our performance in the first quarter is a great start for the year and makes us confident that our 2024 planwill be delivered, with a return on tangible book value of 15 per […]

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House Speaker pledges support to Cypriot shipping industry

House Speaker pledges support to Cypriot shipping industry

House Speaker Annita Demetriou this week held a meeting with a delegation from the Cyprus Shipowners’ Association (CSA), where they discussed problems and challenges facing the Cypriot shipping industry. Demetriou expressed her commitment, and that of the House, to assist in every way possible in the support of the CSA. Furthermore, according to a statement from the House, […]

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Cypriot small businesses to benefit from €10,000 innovation vouchers

Cypriot small businesses to benefit from €10,000 innovation vouchers

The Research & Innovation Foundation (RIF) on Friday unveiled its revamped innovation vouchers programme, offering €10,000 per project along with free support services to Cypriot small and medium-sized enterprises (SMEs). According to an announcement by the RIF, this initiative aims to boost their competitiveness by providing access to specialised expertise. The foundation explained that the innovation vouchers “enable SMEs to receive tailored services […]

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