Amid much pomp President Nikos Christodoulides on Thursday laid the foundation stone for a project further expanding the island’s two international airports, promising to service over 17 million passengers a year once the works are completed by 2027. Speaking at the ceremony held at Larnaca airport, the president described the project – the second phase of […]
The Ministry of Finance has, in a press release, expressed satisfaction regarding the findings on the Cypriot economy included in the Spring Package of the European Semester 2025, noting that they clearly confirm the steady progress, resilience, and momentum of the Cypriot economy. At the same time, the Ministry reassured that it will continue to implement the government’s economic policy aimed […]
Minister of Agriculture, Rural Development and Environment, Maria Panayiotou, has announced the Major Investment Measure of the Common Agricultural Policy (CAP) Strategic Plan 2023-2027, totaling €67.5 million, of which €7.5 million have been earmarked for the first installation of young farmers. In her speech at an event in Athienou on 5 June, Panayiotou also announced the […]
Koumis hails Paphos tourism gains and new sustainability efforts Paphos solidified its position on the global tourism map in 2024, Deputy Minister of Tourism Kostas Koumis said during this week’s general meeting of the Paphos regional tourism board (Etap). He highlighted the strong partnership between Etap and the Deputy Ministry, which has driven targeted promotional […]
In a move to support female students from rural areas, Senate President Hun Sen announced his personal decision to donate two hectares of land—originally purchased for over $10 million for Bayon TV station in Phnom Penh’s Chroy Changvar district—to the Ministry of Women’s Affairs for the construction of a dormitory in Phnom Penh.He stated that […]
The municipality of Paralimni-Deryneia has secured 18 out of 66 Blue Flag awards granted across Cyprus, making it the top performer in the island-wide ceremony held at the renowned Fig Tree Bay beach in Protaras on Wednesday. The awarded beaches include Armyropigado, Lombardi, Glyky Nero, Kapparis, Skoutarospilioi, Agia Triada, Minas, Vrysousia, Louma, Pernera, Potami, Vrysi C, Vrysi […]
Finance Minister Makis Keravnos met with the President of the European Economic and Social Committee (EESC) Employers’ Group, Stefano Mallia, and discussed the need to accelerate efforts to deepen capital markets in the EU and to intensify efforts to reduce the administrative burden. According to a statement by the Ministry of Finance, Keravnos had a meeting […]
Aiming to strengthen bilateral relations and leverage shared opportunities in the field of research and innovation, a meeting took place in Athens between the Director General of the Research and Innovation Foundation (RIF), Theodoros Loukaidis, and the Secretary General for Research and Innovation of Greece, Dr Anastasios Gaitanis. The meeting confirmed the mutual commitment to […]
The renovated and upgraded indoor ‘Spyros Kyprianou’ Athletic Center in Limassol is almost ready to be handed over to the state and the Cyprus sports sector. The venue is where the heart of FIBA Eurobasket 2025 will “beat” in late August and early September. This is a project that began at the beginning of last […]
Cypriot companies operating in the defence industry have recorded rapid growth the House Committee on Energy, Commerce, and Industry has been informed by both the Cyprus Chamber of Commerce and Industry and the Cyprus Association of Research and Innovation Enterprises. According to CCCI, the number of such companies has increased tenfold in recent years, while […]
Greek retail group Jumbo reported a strong rise in store sales across Cyprus and Greece in May 2025, reflecting a gradual rebound after a slower start to the year due to Easter falling much earlier than in 2024. Sales at Jumbo’s Cyprus stores increased by 14.5 per cent in May compared to the same month last year, bringing year-to-date […]
Hotel occupancy in Cyprus was slightly down in May, compared to the same month last year, according to the president of the Cyprus Hoteliers Association (Pasyxe) Thanos Michaelides. However, overall figures for the first half of 2025 are expected to surpass those of 2024, as bookings continue to gain pace heading into the summer. Speaking to the Cyprus News Agency […]
Public and private sector collaboration can create a driving force that ‘transforms challenges into opportunities and vision into action’, chairman of the Cyprus Property Developers Association Yiannis Misirlis said during an event dedicated to the island’s real estate and construction sector. According to a statement from the association, the event took place on June 3 and […]
The Larnaca municipality has announced the signing of a contract worth around €600,000 to create a “smart parking system” in the town. The contract was signed by the town’s mayor Andreas Vyras and electrical contracting company YTM Stavrides. It foresees the creation of a system which will include “advanced management software, which allows easy and effective […]
The Landmark Nicosia Towers are arriving to introduce our city to a new way to “Live. Work. Enjoy” in the very heart of the Cypriot capital. As the most prestigious real estate project in the modern history of Nicosia is developing in full speed, the vision of the owner MHV, a company group with a prominent […]
The president of the Employers’ Group Stefano Mallia and the head of the Employers’ Group at the European Economic and Social Committee (EESC) of the European Union Fulvio Bianconi visited the Cyprus Chamber of Commerce and Industry (Keve) on Tuesday. According to an official statement fromt the chamber, they held a meeting with Keve president […]