Andreas and Emre share their experience as Stelios Bi-Communal Awards for Business Co-operation winners

Andreas and Emre share their experience as Stelios Bi-Communal Awards for Business Co-operation winners

Since 2009, the Stelios Bi-Communal Awards for Business Co-operation have been supporting bi-communal entrepreneurship in Cyprus, providing financial assistance to dozens of Greek Cypriots and Turkish Cypriots. With the total value of the awards reaching €4.8 million, including this year’s sum of €410,000, the initiative has played a crucial role in the creation and expansion […]

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Cyprus can double its tech sector within a few years, says seasoned investor 

Cyprus can double its tech sector within a few years, says seasoned investor 

Talent and infrastructure are the keys to global tech success    Konstantin Zapolianski, Senior Investment Director at Zubr Capital, recently spoke to the Cyprus Mail about Cyprus’ growing potential as a destination for technology and digital industries. With the ICT sector contributing up to 15 per cent of the country’s GDP and generating approximately €4 billion in revenue in […]

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‘Govt committed to achieve sustainable economic growth’

‘Govt committed to achieve sustainable economic growth’

Chea Vanyuth / Khmer Times Prime Minister Hun Manet yesterday underlined the Royal Government’s commitment to achieving sustainable economic growth. In his keynote address at the ‘Cambodia Outlook Conference 2025’ themed ‘Cambodia’s New Growth Strategy Priorities for High Quality and Sustainable Development’ in Phnom Penh, Mr Hun Manet outlined a comprehensive roadmap to ensure the […]

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39,300 Aussie tourists visited Cambodia

39,300 Aussie tourists visited Cambodia

Sreekanth Ravindran / Khmer Times Cambodia is fast emerging as one of the favourite tourist destinations for Australian tourists with 39,300 short-term tourists visiting the Kingdom last year, according to Australian Bureau of Statistics (ABS). The length of tourism trips (involving at least one overnight stay) falls into two categories: long tourism trips are trips […]

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Cyprus to deploy renewable energy storage systems starting in 2026

Cyprus to deploy renewable energy storage systems starting in 2026

newsroom 4 March 2025 Cyprus will begin implementing renewable energy storage systems in 2026 at the earliest, Energy Minister George Papanastasiou announced during parliamentary discussions on Tuesday, addressing the country’s growing need to manage excess green energy production. The planned battery storage infrastructure, to be installed between 2026 and 2030, will have a total capacity of 160 megawatts […]

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Cyprus economic growth in 2024 estimated at 3.4%

Cyprus economic growth in 2024 estimated at 3.4%

Newsroom 05.03.2025 • 03:37 According to the first estimate for the year 2024 by the Statistical Service of Cyprus (CyStat), the growth rate of the island’s economy in 2024 was positive and is estimated at 3.4% in real terms. At current prices, the percentage change in gross domestic product amounted to 6.6%. Unmute Remaining Time -0:00Fullscreen Cyprus Economy

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