Limassol port and Nicosia perimeter motorway among 134 EU transport projects sharing €7b support

Limassol port and Nicosia perimeter motorway among 134 EU transport projects sharing €7b support

€1.2 million in support for the development and energy sustainability of the port of Limassol, and €10.5 million towards the construction of the Nicosia perimeter motorway, are included in the €7 billion set aside for 134 transport projects all over the European Union within the framework of the Connecting Europe Facility – CEF. Europe-wide, 80% […]

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Cyprus and Japan explore hi tech cooperation

Cyprus and Japan explore hi tech cooperation

Representatives of Cyprus’ Research and Innovation Foundation (RFI) and of the Japan Science and Technology Organisation (JST) recently met in Nicosia, to establish collaborations in cutting-edge fields such as artificial intelligence, robotics, energy, space research, and biotechnology. The RFI was represented at the meeting by its Chief Scientist, Demetris Skourides and Director General Theodoros Loukaides, while JST was represented by […]

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Polis to be transformed by €141m projects

Polis to be transformed by €141m projects

Projects worth €141 million are set to transform the Polis Chrysochous area in the coming years, said the mayor Yiotis Papachristofis. Among these developments is the €60m expansion of the harbour at Latchi, described as “one of the most important tourist hubs of the municipality”. In an interview with CNA, Papachristofis spoke about several key projects, including […]

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Marking 50 years of Cyprus memories

Marking 50 years of Cyprus memories

SARA DOUEDARI meets the two artists behind an exhibition this week that reflects on division and reconciliation The air in Nicosia is thick with history and memory, the scars of past conflict visible in the divided cityscape. The city, the last divided capital in Europe, is the poignant setting for the installation Cyprus Memory, a […]

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Island Oil Holdings issues inaugural ESG report

Island Oil Holdings issues inaugural ESG report

Island Oil Holdings, a diverse conglomerate specialising in the supply and trading of marine fuels, has released its inaugural environmental, social, and governance (ESG) report, encompassing the fiscal years 2022 and 2023. According to the announcement, the company’s comprehensive report was prepared according to the Global Reporting Initiative (GRI) Standards 2021, as well as the […]

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Invest Cyprus participates in ‘Cyprus as a Destination of Opportunities for Indian Businesses’ webinar

Invest Cyprus participates in ‘Cyprus as a Destination of Opportunities for Indian Businesses’ webinar

Invest Cyprus, represented by CEO Marios Tannousis, participated in the ‘Cyprus as a Destination of Opportunities for Indian Businesses’ webinar, organised by the Confederation of Indian Industry (CII). The event received strong support from H.E. the High Commissioner of India in Cyprus and H.E. the High Commissioner of Cyprus in India. During the webinar, Invest Cyprus […]

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Wizz Air reaches 8 million passenger mark at Larnaca airport

Wizz Air reaches 8 million passenger mark at Larnaca airport

Low-cost airline Wizz Air celebrated a significant milestone this week, marking the transportation of 8 million passengers to and from Larnaca Airport since the company commenced operations in Cyprus. “This achievement underscores Wizz Air’s steadfast commitment to providing affordable and high-quality travel experiences,” the company stated in a press release. Wizz Air also highlighted that, […]

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AstroBank opens new branch in Dali

AstroBank opens new branch in Dali

Cypriot lender AstroBank announced on Thursday the opening of its new branch in Dali, Nicosia, marking the 15th location in its expanding network. In its announcement, the bank noted that the branch is situated centrally at 1 Archbishop Makarios III Avenue, “ensuring easy access for the public”. “AstroBank’s aim is to effectively meet the contemporary […]

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