Cyprus hotel industry into desalination

Cyprus hotel industry into desalination

Eleven major hotel groups in Cyprus – across Limassol, Larnaca and Paphos – have filed formal applications to install small private desalination units on their premises, with state subsidies. The move comes on the heels of an incentive scheme launched in March by the Ministry of Agriculture, offering 3 million euros in subsidies over two […]

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At 19, She Packed Her Bags After Completing Chemo. 4 Years Later, She’s Running a Hostel in Cambodia (Exclusive)

At 19, She Packed Her Bags After Completing Chemo. 4 Years Later, She’s Running a Hostel in Cambodia (Exclusive)

Annabelle Stafford-Johnson spoke with PEOPLE about her unexpected life trajectory that went from cancer diagnosis in her teens to global ventures in her 20s In June 2021, then 19-year-old Annabelle Stafford-Johnson packed her bags for Greece with the intent of a one-month-long adventure of island hopping with her friend after completing chemotherapy for her lymphoma […]

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Cyprus airports set new June record

Cyprus airports set new June record

Larnaca airport drives Cyprus June traffic to all-time high Passenger traffic at Cyprus’ two international airports reached a new peak in June 2025, according to figures released on Monday by Hermes Airports. Specifically, the company reported that a total of 1.4 million passengers travelled through Larnaca and Paphos airports during the month, compared with 1.3 million in June 2023. […]

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Cyprus raises funding for NGOs by 60 per cent

Cyprus raises funding for NGOs by 60 per cent

Cyprus is significantly increasing state funding for NGOs, with the 2025 budget set to reach €25 million — a rise of about 60 per cent compared to three years ago. Deputy Welfare Minister Marilena Evangelou announced the boost on Friday, saying it reflects the government’s commitment to strengthening groups that work daily to support people […]

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Cyprus Business Now: weekly wrap-up

Cyprus Business Now: weekly wrap-up

Here are the top business stories in Cyprus from the week starting June 30: Cyprus has moved to establish a national framework for screening foreign direct investments (FDIs), aiming to safeguard security and public order while maintaining an open environment for investors. The Council of Ministers approved the draft legislation on July 2, the Finance Ministry said […]

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€18.8m EU co-financing creates new phase in Vassiliko port development

€18.8m EU co-financing creates new phase in Vassiliko port development

The port of Vassiliko is entering a new development phase, having secured European co-financing of €18,781,957 from the European Union’s ‘Connecting Europe Facility’ (CEF) competitive financing programme, the Ministry of Transport, Communications and Works has announced. The project is part of the broader framework of strengthening the infrastructure of the Trans-European Transport Network (TEN-T), strengthening Cyprus’ position as […]

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Limassol Blu Marine

Limassol Blu Marine

Limassol Blu Marine is a first-class freehold investment opportunity project with an upside outlook. Located in an upcoming area of Limassol, “Europe’s New Riviera”, Limassol Blu Marine has been master planned with luxury living in mind, by a collection of award-winning professionals. Positioned just 330 meters from the Limassol Marina, in the heart of everything, […]

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Nicosia tops May’s luxury property sales

Nicosia tops May’s luxury property sales

€75.7m in high-value property sold across Cyprus in May rebound Cyprus recorded €75.7 million in high-value property transactions in May 2025, showing a strong rebound from April, with Nicosia leading the market, according to real estate analytics firm Ask Wire. Land Registry data revealed that the ten most expensive transactions nationwide reached €38.8m, with the […]

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Thalia programme channels €330m to boost SME growth in Cyprus

Thalia programme channels €330m to boost SME growth in Cyprus

The Thalia 2021–2027 Cohesion Policy Programme is currently Cyprus’ most ambitious effort to support small and medium-sized enterprises (SMEs), with a total budget of €1.8 billion, including €969 million from the European Union and €842 million from the national government. So far, calls worth €330 million have been launched under the programme, offering grants to strengthen SME competitiveness, support start-ups, promote […]

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