Rodon hotel parent company approves dividend, board changes

Rodon hotel parent company approves dividend, board changes

Agros Progress Development Public Ltd, parent company of the Rodon hotel, held its annual general meeting (AGM) on Thursday, during which shareholders approved a dividend distribution and made several changes to the board of directors. The meeting took place at the company’s registered office in Agros, where shareholders examined the annual financial report, which includes the final […]

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Cambodia positioned as key investment destination, says Prime Minister Hun Manet

Cambodia positioned as key investment destination, says Prime Minister Hun Manet

Prime Minister Hun Manet stated that Cambodia has continued to build and maintain the confidence of both domestic and international investors due to the country’s favourable conditions and vast potential. He made these remarks at the celebration of the Official Establishment of the Cambodia Confederation of Investors Association (CCIA) and the 2025 Gala Dinner, organised […]

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Limassol becomes Cyprus’ basketball capital with €14.5 million arena renovation

Limassol becomes Cyprus’ basketball capital with €14.5 million arena renovation

Minister says similar projects planned to boost sports infrastructure nationwide Transport Minister Alexis Vafeades expressed pride on Wednesday during a presentation of the newly upgraded Spyros Kyprianou Athletic Centre in Limassol, ahead of its role as a host venue for FIBA EuroBasket 2025. “I am very proud of the entire team behind the renovation of this stadium, and for delivering […]

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Cambodia’s exports to EU, UK soar in 5 months

Cambodia’s exports to EU, UK soar in 5 months

Synopsis: Trade experts attribute the rise in exports to continued preferential market access and Cambodia’s competitive production costs. Cambodia posted strong export growth to both the European Union (EU) and the United Kingdom (UK) in the first five months of 2025, driven by rising shipments of bicycles, mangoes, textiles, and footwear, according to official trade […]

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Salaries in Cyprus rise 13% in two years

Salaries in Cyprus rise 13% in two years

Average salaries in Cyprus have risen by 13% over the past two years, reaching approximately 2,500 euros, Minister of Labor and Social Insurance Yiannis Panayiotou announced on Wednesday, citing recent Eurostat data. The median salary has also climbed nearly 11.5% to about €1,900, while the number of workers earning below €1,000 has dropped by 30%. […]

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Cyprus region well worth looking at for wine

Cyprus region well worth looking at for wine

Symeon Winery seals the rising importance of Larnaca’s mountains Your next great bottle of wine might come from the under-the-radar region in Cyprus of mountainous Larnaca, or more specifically the Symeon winery. Larnaca’s mountainous region marries the old viticultural history of the island with the new, modern face of the winemaking industry. A wineries route […]

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India’s Drone Destination plans Cyprus subsidiary for its European foray

India’s Drone Destination plans Cyprus subsidiary for its European foray

Drone Destination, a leading Indian drone technology company, will establish a European subsidiary in Cyprus, focusing on drone development, services, training, and sports. This initiative, announced during PM Modi’s visit, aims to create a comprehensive drone ecosystem across Europe. Cyprus is seen as a strategic gateway for Indian drone companies into Europe, the Middle East, […]

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Holidaymakers in Cyprus film from hotel balcony and see something ‘terrifying’ in night sky

Holidaymakers in Cyprus film from hotel balcony and see something ‘terrifying’ in night sky

Tourists from the UK and Belgium have taken to social media to share their horror after their relaxing evenings by the pool were tarnished by the terrifying sight above them Holidaymakers have shared dramatic footage from their hotel balconies in Cyprus (stock)(Image: Ascent/PKS Media Inc. via Getty Images) Holidaymakers in Cyprus have experienced a chilling sight as their […]

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