Demetra Holdings Plc on Wednesday published its investment portfolio report for the second quarter of 2025, revealing a total asset value of €528.64 million as of June 30, 2025. According to the report, cash and bank deposits accounted for the largest share of assets, with a total of €408.03 million, representing 77.19 per cent of the company’s total. The […]
The Cyprus Chamber of Commerce and Industry (Keve) and the Cyprus Space Exploration Organisation (CSEO) signed a Memorandum of Understanding (MoU) on Wednesday, to strengthen innovation and link the space technology with research. According to the announcement, the memorandum was signed by Keve president Stavros Stavrou and the CSEO president George Danos. The chamber explained that the agreement aims […]
Cyprus supports the European Commission’s strategy toward a stable and mutually beneficial EU–US trade agreement, Energy, Commerce and Industry Minister George Papanastasiou told an EU Foreign Affairs Council (Trade), held in Brussels this week. Papanastasiou also emphasised the need to diversify European supply chains by expanding the EU’s network of trade agreements, highlighting the importance […]
The Research and Innovation Foundation (RIF) has opened nominations for the 2025 Cyprus Research Awards, marking the 18th consecutive year of honouring young and distinguished scientists in Cyprus. The awards aim to promote excellence and encourage the expansion of research and innovation across the country. This year’s accolades will be presented in three categories are […]
The construction sector in Cyprus recorded robust growth in 2023, with value added rising by 9.4 per cent compared to 2022, according to the results of a survey released on Tuesday by the state statistical service. The latest figures show that production value of the broader construction sector increased by 12 per cent, reaching €6.23 billion in […]
The Appeals Court has ruled in favour of the Central Bank of Cyprus (CBC) in a case concerning the non-retroactive payment of salary increments to two of its employees, overturning an earlier judgment by the Administrative Court. The decision, delivered on July 10, 2025, upheld the legality of a disputed administrative decision made by the CBC in […]
Young people in Cyprus are among the most prolific users of social networks in the European Union, according to a survey released on Tuesday. The Eurostat survey for 2024 found that, in the EU on average, creating a user profile and posting messages or related activities was a widespread practice for 88 per cent of […]
On the occasion of French National Day, Mr Hun Sen, the President of the Senate of Cambodia, congratulated Gérard Larcher, the President of the Senate of the French Republic. “The celebration of the French National Day on July 14 is an event held in the highest regard by all nations committed to freedom, democracy, and […]
Parliament has approved legislation allowing public universities to offer undergraduate degree programmes in foreign languages, ending a seven-year legislative delay that university rectors describe as a crucial first step towards internationalisation. The University of Cyprus will be permitted to offer six foreign-language programmes plus two interdisciplinary ones, totalling eight programmes, whilst the Cyprus University of Technology […]
To find the clearest waters in the world, you have to go to the Mediterranean. The cleanest swimming water in the world is in Cyprus, according to this year’s report from the European Environment Agency (EEA) that ranks the cleanest bathing water. The report analyzes both inland and coastal swimming spots, Cyprus has ranked the best of the […]
Synopsis: Southeast Asian leaders reaffirm their commitment to resolving potential challenges through constructive dialogue and active engagement with the United States. As the coordinator for ASEAN-US dialogue, Prak Sokhonn, Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation (MFAIC), reaffirmed ASEAN’s commitment to advancing the Digital Economy Framework Agreement (DEFA) with the US. […]
Synopsis: The main markets for the Kingdom’s GFT products are the United States, European Union, Canada and Japan. Cambodia exported garment, footwear and travel products (GFT) worth $7.38 billion in the first half of 2025, up 22 percent from the $6.02 billion reported in the same period a year earlier, said a report from the […]
The European Green Deal involves significant costs that could affect the competitiveness of EU member states, according to Energy Minister George Papanastasiou. Speaking to reporters on the sidelines of an event in Nicosia over the weekend, Papanastasiou called for balance between environmental commitments and economic resilience during the green transition. Asked on the extension of […]
The Digital Cooperation Organisation (DCO), of which Cyprus is a member, has launched a new AI Ethics Evaluator Policy Tool to support the responsible development and deployment of artificial intelligence. The tool was officially unveiled at the AI for Good Summit 2025 and the World Summit on the Information Society (WSIS+20), held in Geneva, Switzerland. The DCO is […]
The Shipping Deputy Ministry on Monday announced that the Cyprus Maritime Award 2025 will be presented during the opening ceremony of the Maritime Cyprus Conference. A tradition dating back to 1993, the biennial award honours either an individual with the Cyprus Maritime Personality Award or a legal entity through the Cyprus Shipping Industry Award. The […]
A total of €24.25 million in new funding for innovative products and services has been launched by the Research and Innovation Foundation (RIF), according to director general Theodoros Loukaidis. Loukaidis has said that the new funding calls, strategic partnerships and flagship actions aim to strengthen Cyprus’ research and innovation ecosystem. “Our goal is to shape […]