The Ministry of Public Works and Transport (MPWT) has begun gathering inputs to devise port zoning strategies as part of future port development projects in the Kingdom, Peng Ponea, Minister of Public Works and Transport, has said. This came as he spoke at a workshop organized by the MPWT in association with the Japanese International […]
Cyprus presented its case as a strategic investment hub during an event in London this week, aiming to attract British investors by showcasing sector-specific opportunities and the island’s role as a gateway to the wider region. Held in the heart of the City, the event, titled ‘Cyprus: a gateway for global investment and strategic cooperation’, […]
Cyprus is stepping up efforts to encourage mergers and acquisitions among small and medium-sized enterprises, aiming to unlock growth, competitiveness and innovation across key sectors. Speaking at a conference organised by the Cyprus Chamber of Commerce and Industry (Keve) in collaboration with Hellenic Bank, Finance Minister Makis Keravnos presented the government’s dedicated action plan, approved […]
More than 1,700 students across Cyprus have participated in financial literacy lectures delivered by the Cyprus Securities and Exchange Commission (CySEC), according to an official statement from the commission. The initiative, part of Global Money Week 2025, concluded its most recent series of lectures with strong engagement and widespread participation in both primary and secondary […]
Global air cargo demand rose by 5.8 per cent in April 2025 compared to the same month last year, according to data released by the International Air Transport Association (IATA). Capacity, measured in available cargo tonne-kilometres (ACTK), increased by 6.3 per cent year-on-year, slightly outpacing demand and, as a result, pushing the global cargo load […]
Freedom Holding Corp. (FRHC), a diversified, multinational financial services firm, has been selected for inclusion in the Russell 3000® Index as part of its annual reconstitution in 2025. The inclusion will take effect after the US market closes on June 27, 2025. The Russell 3000® Index measures the performance of the largest 3,019 U.S. companies, representing approximately […]
Hellenic Bank will officially adopt the name Eurobank Limited following its legal consolidation with Eurobank Cyprus, according to a decision by the board of directors on May 27. The change will take effect after all necessary supervisory approvals have been secured. The newly consolidated entity, now part of the Eurobank Group, signals a new chapter for the […]
The Japan-Cambodia Association (JCA) has outlined three key action plans aimed at strengthening Japanese investment in Cambodia. During a courtesy meeting with Cambodian Prime Minister Hun Manet in Tokyo on May 28, JCA President TAKAHASHI Fumiaki presented the three priorities: promoting small and medium enterprises (SMEs) and vocational training, encouraging investment in Cambodia’s agro-processing sector, […]
Cambodia’s two listed state-owned ports, Sihanoukville Autonomous Port (PAS) and Phnom Penh Autonomous Port (PPAP), disclosed their net profits in the first quarter (Q1) of 2025, according to their financial reports on Wednesday. The PAS, the kingdom’s largest deep-water seaport, made a net profit of $2.62 million during the January-March period this year, down 68 […]
The district of Free Famagusta is experiencing a very good tourist season, which could even surpass last year’s, with occupancy rates already at very high levels and the month of May closing on a fairly good and positive note, even though the first two weeks were somewhat slow. In fact, Ayia Napa occupancy is currently […]
The lecture series organised by the Cyprus Securities and Exchange Commission (CySEC) in schools has concluded with resounding success, taking place as part of CySEC’s initiatives for the international financial literacy campaign Global Money Week 2025. As noted in a CySEC press release, over the past two months, more than 600 students from primary and secondary schools […]
Springtime In Cyprus Salmon Tray Bake with New Potatoes and Green Beans Salmon Tray Bake is a simple yet flavourful recipe designed for a quick, wholesome meal for the whole family, a fuss-free dish that is easy to prepare and clean up. Serves 6 1 whole salmon fillet 400g fresh green beans, trimmed Bag of […]
For a piece of pie Spinach cheese pie with phyllo crust For the crust 8 sheets of pie crust (baklava) 100g olive oil For the filling 400g feta cheese 500g frozen spinach 2 medium eggs 2 teaspoons oregano 1/2 teaspoon freshly ground pepper For garnish 80g olive oil Water for sprinkling 1 tablespoon flour with […]
Long before chickpeas gained global stardom, it was the fava bean – broad, earthy and ancient – that fed empires! From the fields of the eastern Mediterranean to the souks of Cairo, fava beans have sustained communities for thousands of years. And whether mashed into a velvety purée or simmered whole with garlic and lemon, […]
Cyprus took part in the international food and beverage exhibition SIAL Shanghai 2025, with an information booth jointly organised by the Ministry of Energy and the Cyprus Trade Centre in Beijing. Held at the Shanghai New International Expo Centre from May 19 to 21, the exhibition is considered one of the most important events of its […]
UniCredit has signed a derivatives agreement that paves the way for it to nearly double its stake in Greece’s Alpha Bank, increasing its shareholding to close to 20 per cent. In a statement issued on Wednesday, the Italian banking group confirmed it will seek supervisory approval to surpass the 10 per cent threshold and potentially […]