Cyprus Business Now

Cyprus Business Now

In addition, the UK remained the key source of tourism, corresponding to 35.3 per cent of all arrivals during the month of April “The goal we set at the beginning of the year, considering all the facts before us, such as the escalating tensions in the Eastern Mediterranean, the economic situation in Central and Western […]

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Cyprus and Greece discuss maritime competitiveness, digitalisation, and collaboration

Cyprus and Greece discuss maritime competitiveness, digitalisation, and collaboration

Deputy Minister of Shipping Marina Hadjimanolis this week met with Greece’s Minister of Shipping and Island Policy Christos Stylianides, with the discussion focusing on the competitiveness of European shipping, the shortage of seafarers, the digitalisation of services, and the maritime passenger connection between Cyprus and Greece. Moreover, the two sides agreed on practical cooperation to […]

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Cambodia tops emerging markets FDI index 2024

Cambodia tops emerging markets FDI index 2024

Cambodia has topped a recent global index produced by the UK-based business publication, fDi Intelligence. The nation ranked as the best emerging market worldwide for foreign investment in 2024. Cambodia has taken the number one place in the 2024 index on account of its strong and consistent gross domestic product (GDP) growth, low inflation rate, […]

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NBC Predicts Healthier Economic Growth in 2024

NBC Predicts Healthier Economic Growth in 2024

PHNOM PENH, May 23, 2024 — The National Bank of Cambodia (NBC) has forecasted a healthier economic growth rate and a decline in inflation for Cambodia in 2024, despite global economic challenges stemming from geopolitical tensions and rising interest rates. In its latest report issued on Monday, the central bank projected that Cambodia’s Gross Domestic […]

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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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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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