Green moves make Cyprus more competitive

Green moves make Cyprus more competitive

Cyprus President Nikos Christodoulides told businesses this week that their green transition is the route to improved competitiveness, and stressed that Nicosia supports investments that promote energy efficiency. Today, more than ever, Cypriot businesses are called upon to strengthen their role in the green transition, while remaining competitive, adopting responsible and sustainable practices that contribute […]

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Cyprus Enterprise Development Organisation in the works

Cyprus Enterprise Development Organisation in the works

The Government is promoting the establishment and operation of a semi-governmental organisation, the Cyprus Enterprise Development Organisation, with the Ministry of Finance putting the relevant bill forward for pubic consultation until 19 October.  According to what is stated, in Greek, on the e-consultation platform, the Organisation’s mission is to strengthen state initiatives to improve access to financing […]

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Cyprus plays key role in shaping global shipping, says commissioner

Cyprus plays key role in shaping global shipping, says commissioner

EU backs cleaner fuels and shipping innovation at Maritime Cyprus 2025 The European Union is ready to support the transformation of shipping into an industry focused on cleaner fuels, energy efficiency and innovation, European Commissioner for Fisheries and Oceans Costas Kadis, said on Wednesday. Kadis, who addressed the Maritime Cyprus 2025 conference in Limassol, highlighted Cyprus’ important […]

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Sir Stelios awards €200,000 to young entrepreneurs in Cyprus

Sir Stelios awards €200,000 to young entrepreneurs in Cyprus

Young innovators praised as Stelios Awards mark record participation Entrepreneur and philanthropist Sir Stelios Haji-Ioannou awarded a total of €200,000 to three young Cypriot businesses during the 2025 Stelios Awards for Young Entrepreneurs, held at the Stelios Philanthropic Foundation headquarters in Nicosia. The awards, now in their third consecutive year, aim to recognise innovation and support the growth of youth entrepreneurship in Cyprus. The first […]

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ADB Approves US$82.5 Million Budget for Cambodia’s Energy Transition and Reform Program

ADB Approves US$82.5 Million Budget for Cambodia’s Energy Transition and Reform Program

Phnom Penh, October 7, 2025 (AKP) — The Asian Development Bank (ADB) has approved the second phase of Cambodia’s Energy Transition Sector Development Program (ETSDP), amounting to US $82.5 million. This funding comes with co-financing from the ASEAN Infrastructure Fund, the Asia-Pacific Climate Finance Fund, the Green Climate Fund, and the United Kingdom through the ASEAN Catalytic Green Finance Facility. According to ADB’s […]

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Cyprus and Qatar sign MoU to boost maritime cooperation and green shipping

Cyprus and Qatar sign MoU to boost maritime cooperation and green shipping

Cyprus and Qatar have signed a memorandum of understanding (MoU) to strengthen cooperation in maritime affairs. The memorandum covers areas such as education, infrastructure, environmental protection, as well as the green transition of shipping. The agreement was signed on Tuesday by Deputy Minister of Shipping Marina Hadjimanolis and Qatar’s Minister of Transport, Sheikh Mohammed bin Abdulla bin Mohammed Al Thani, on […]

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Cyprus shipping remains cornerstone of national economy, says chamber leader

Cyprus shipping remains cornerstone of national economy, says chamber leader

Cyprus continues to grow as a reliable international shipping centre Cyprus’ shipping sector remains a cornerstone of the national economy, according to the president of the Cyprus Shipping Chamber (CSC) Andreas Neophytou. Neophytou’s comments were delivered during a reception hosted by the chamber on Sunday, ahead of the Maritime Cyprus 2025 international conference. An announcement from the chamber […]

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Cyprus to help shape Europe’s maritime and tourism future, says EU commissioner

Cyprus to help shape Europe’s maritime and tourism future, says EU commissioner

Cyprus is set to take centre stage in shaping Europe’s future transport, shipping and tourism policies during its upcoming Presidency of the Council of the European Union, according to European Commissioner for Sustainable Transport and Tourism Apostolos Tzitzikostas. Addressing the Maritime Cyprus 2025 conference in Limassol, he said the Cypriot Presidency “will be decisive for Europe and for transport policy,” noting that as […]

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Cambodia to emerge as a popular tourist destination for Middle Eastern travellers with a new direct flight from Abu Dhabi

Cambodia to emerge as a popular tourist destination for Middle Eastern travellers with a new direct flight from Abu Dhabi

Cambodia is set to strengthen its position as an emerging and attractive tourist destination for travellers from the Middle East with the launch of the first direct flight between Abu Dhabi, the capital of the United Arab Emirates (UAE), and Phnom Penh. An inauguration ceremony marked the milestone, presided over by Huot Hak, Minister of […]

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Cyprus’ 2026 budget shows resilience

Cyprus’ 2026 budget shows resilience

The Cypriot state budget for 2026 is a growth budget and continues to maintain the resilience of the economy, Finance Minister Makis Keravnos said on Thursday as he presented the budget to the speaker of the House of Representatives, Annita Demetriou. The House speaker noted the importance of the budget having surplus and growth, and […]

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First direct flight of Etihad Airways from Abu Dhabi, United Arab Emirates, successfully lands at Techo International Airport

First direct flight of Etihad Airways from Abu Dhabi, United Arab Emirates, successfully lands at Techo International Airport

At approximately 7 am on October 4, 2025, the first direct flight of Etihad Airways (EY), carrying passengers from Abu Dhabi (AUH), United Arab Emirates, successfully landed at Techo International Airport, marking the start of flight operations connecting Cambodia to the world. The welcoming ceremony for the arrival of Etihad Airways passengers and flights was […]

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