The office of the council of ministers said Cambodia’s GDP per capita in 2025 is expected to rise to $2,924—a rise of over 40 percent over the projected 2024 figures. Economic growth is expected to reach 6.3 percent. This would bring the current GDP to nearly $51.398 billion. The industrial sector is projected to grow […]
“We will be seeing the economic impact of Find Me Falling in the millions of euros for years to come” In this exclusive interview with the Cyprus Mail, Dionysios Manganis, Executive Producer at Green Olive Films, and Simos Manganis, Founder and CEO, delve into the rise of Cyprus as a competitive player in the global film […]
Cyprus’ economic climate strengthened in October, driven by a boost in the services sector, according to the University of Cyprus’ Economics Research Centre (CypERC). The centre also reported that economic uncertainty eased as well, reflecting a shift in both consumer and business sentiment. “The significant improvement in sentiment and the simultaneous decline in uncertainty reflect […]
International trade in electric and hybrid vehicles between the EU and third countries has surged, with Eurostat data revealing that electric and hybrid cars represented 43 per cent of EU car imports in 2023, a sharp rise from 8 per cent in 2017. Cyprus, though a smaller market, aligns with this shift; over half its […]
This first Pediaios River Festival has arrived! From Tuesday until Sunday, a colourful and participatory series of activities in the Pediaios River and beyond has been planned to celebrate nature and rediscover Cyprus’ longest river. Organised by the Environment Commissioner and the Cyprus Sustainable Tourism Initiative, the festival seeks to engage the public with the […]
Cyprus, also known as the Isle of Aphrodite (Goddess of Love), is a sunny island at the far eastern edge of the Mediterranean, and it’s got some of Europe’s best beaches and most delicious cuisine Cyprus, the third largest island in the Mediterranean, is full of white-sand beaches, it’s surrounded by warm water, it enjoys […]
As Cambodia charts its path toward a more sustainable future, the streets of Phnom Penh are witnessing a quiet yet significant revolution. Electric vehicles (EVs), once a rare sight, are increasing on Cambodian roads. With the government’s commitment to reducing carbon emissions and the global shift towards cleaner energy, the question arises: Can electric vehicles […]
Lieutenant General Osama Rabie, head of the Suez Canal Authority, met Cyprus’ Deputy Shipping Minister, Marina Hadjimanolis, in Ismailia on Tuesday to discuss collaboration on sustainable maritime practices and the impact of Red Sea tensions on global trade. Opening the talks, Rabie emphasised the authority’s aim to “enhance bilateral cooperation and exchange of expertise” with […]
The Energy Ministry announced on Wednesday that it led Cyprus’ presence at GITEX Global 2024 in Dubai. Cyprus’ participation at the event, the ministry explained, showcased the country’s advancements in technology and promoted it as a Mediterranean hub for AI, cybersecurity, and innovative partnerships. GITEX Global 2024, now in its 44th year, is recognised as […]
Empowering businesses in Cyprus with the latest digital marketing trends is no small task, but as the digital landscape evolves, it has become essential for businesses aiming to stay ahead and remain relevant. Staying on top of these trends is crucial for any business with ambitions to succeed. According to Katerina Lambrou, Digital Marketing Executive […]
PwC Cyprus celebrated the achievements of its top-performing trainee accountants in the recent ACCA exams at a ceremony on October 23, 2024, at the PwC Experience Centre. Attended by CEO Philippos Soseilos and Chief People Officer Anna Loizou, the event spotlighted trainees who earned top rankings both in Cyprus and worldwide. Awardees included Yuliana Gudovich, […]
An autumn of local film screenings is approaching as the Cyprus Film Archive (Kypriaki Tainiothiki) organises a series of Cypriot film nights. The screenings will fill November and December’s cultural agenda by hosting screenings in numerous towns mainly in Nicosia (across the divide), Famagusta, Limassol and Paphos. The films shown will be split into two […]
Cyprus’ refinancing needs will remain within manageable levels for the coming years, well below the ten per cent of GDP threshold. Projections estimate requirements at around three per cent of GDP in 2025 and 2026, and at approximately 4.5 per cent in 2027, according to a financial outlook report by the Finance Ministry. The report […]
Deputy Minister of Shipping Marina Hadjimanolis is visiting Egypt following an official invitation from the Egyptian Minister of Transport, with whom she will discuss further strengthening cooperation between the two countries, in the field of maritime transport. According to an official press release, during her visit, she will meet with the President and CEO of […]
Invest Cyprus and the Cyprus Stock Exchange (CSE) have signed a Memorandum of Understanding (MoU), aimed at strengthening their efforts and further develop joint initiatives to actively attract investments to Cyprus. “The MoU emphasises the exchange of expertise and information, reinforcing our shared commitment to enhancing the investment landscape,” Invest Cyprus said announcing the news. […]
Cyprus this year achieved its best nine-month tourism performance on record, according to Deputy Minister of Tourism Kostas Koumis. Speaking oy at the inauguration of the Cyprus Airways Flying Academy at Larnaca Airport, Koumis expressed optimism for continued success in 2024 and beyond. “This year has marked the best nine months in the history of […]