In a proposal during a European Union Council of Transport, Telecommunications and Energy on Tuesday, Cyprus’ Minister of Energy, Commerce and Industry George Papanastasiou urged the establishment of an EU “solar bank” to finance the solar sector. The suggestion was made during a working lunch addressing the status of the EU solar energy industry and the […]
The Cyprus Computer Society (CCS) on Wednesday announced the Future Startup Founders programme launch, designed exclusively for aspiring female entrepreneurs. According to the announcement, this initiative falls under the Startup Founders pillar of the Erasmus+ EU co-funded project Femme Forward, to foster innovation and empower women in the tech startup landscape. The Future Startup Founders programme is a […]
The Great Britain-Cyprus Business Association held a conference on Tuesday evening which put the spotlight on Larnaca’s potential as a key investment destination. The event, titled “A Hidden Gem in the Mediterranean,” sought to cast the spotlight on Zenon’s city as a flourishing hub for both local and international investors. Savvas Kyriakides, the founder and President of the […]
Cyprus’ Finance Minister Makis Keravnos met with the chairman of Greece’s Independent Power Transmission Operator (Ipto) Manousos Manousakis, according to an announcement released on Tuesday evening. The announcement said that an Ipto delegation accompanied Manousakis. The meeting, which took place on Tuesday at the Ministry of Finance in Nicosia, involved a discussion on a number of […]
Hellenic Bank supported the recently-held Capital Link Cyprus Shipping Forum The 7th Annual Capital Link Cyprus Shipping Forum, which took place in February, saw a number of optimistic messages being conveyed regarding the global and Cypriot shipping industry, amidst a period of intense uncertainty for the international economy. The event, which was held with the […]
In an era where the skylines of cities around the globe are rapidly transforming, certain projects stand out not just for their height but for their ability to redefine urban landscapes through innovative design. Among these, the Limassol Del Mar, a collaborative venture between UDS Architects, a leading Cypriot architecture firm, and the multi-award-winning international […]
As the summer season approaches, Cyprus airports are bustling with over 3,000 workers daily, employed by the numerous companies operating within the airport facilities, according to an announcement released on Tuesday by Hermes Airports. Anticipating a significant increase, Cyprus’ airports are gearing up to accommodate over 5,000 employees, encompassing both permanent and seasonal staff. With […]
Two Cypriot companies were included in the recently released list of the 1,000 fastest-growing European businesses by the Financial Times, compiled in collaboration with the German data analysis firm Statista. Topping the Cypriot entries at position 562 is Theon International, founded in 1997 and operating in the aerospace and defence sector. With a remarkable Compound Annual Growth […]
Cyprus saw a decrease of 13.8 per cent in the number of registered unemployed individuals in February 2024, compared to the corresponding month of 2023, according to a report released by the Cyprus Statistical Service (Cystat) on Tuesday. Specifically, the announcement highlighted that, compared to February 2023, there was a decrease of 2,293 persons, from […]
The procedures and decisions related to Cyprus’ largest energy project at Vasilikos are gaining significant attention. According to information from the country’s Audit Office, a file is being prepared for a complaint with the European Public Prosecutor’s Office (EPPO). Kathimerini understands the file will be submitted to the EPPO around mid-March, and the complaint will […]
The shipping industry pumped a staggering 623 million euros into the real economy of Cyprus last year, solely through ship management. Cyprus’ shipping industry plays a vital role, constituting 7% of the nation’s GDP. A recent Moody’s report indicates a substantial 75% surge in international shipping earnings in 2023 compared to 2019, attributed in part […]
For the second consecutive year, the University of Nicosia and Junior Achievement Cyprus co-organised the World Conference on Business Education, with the theme “Development of Business Skills”. This event took place on March 1, at the University of Nicosia and was held under the auspices of the Minister of Education, Sport and Youth, Athena Michaelidou. […]
Celestyal Cruises and the Cyprus Maritime Academy on Monday announced the signing of a Memorandum of Understanding, marking a significant collaboration in the realm of maritime education. Under this agreement, Celestyal commits to offering full scholarships to aspiring cadets of the Cyprus Maritime Academy, thereby affirming the company’s dedication to nurturing young talent from Cyprus […]
In an era where the skylines of cities around the globe are rapidly transforming, certain projects stand out not just for their height but for their ability to redefine urban landscapes through innovative design. Among these, the Limassol Del Mar, a collaborative venture between UDS Architects, a leading Cypriot architecture firm, and the multi-award-winning international […]
Infocredit Group, based in Cyprus, has clinched the ‘Best KYC Solution 2024’ title at the Sigma Eurasia Awards for the second year running. According to an announcement released by the firm, the awards ceremony, held in Dubai on February 26, 2024, brought together industry leaders and innovators to recognise outstanding achievements. The announcement noted that […]
UK Minister for Indo-Pacific Anne-Marie Trevelyan embarked on a significant visit to Cambodia from March 2-4, marking a pivotal moment in strengthening bilateral relations between the United Kingdom and Cambodia. Aimed at enhancing cooperation in trade, economic development, and education, Trevelyan’s trip underscores the UK’s commitment to supporting Cambodia’s sustainable development and growth. During her […]