Agreement signed over CoLA

Agreement signed over CoLA

An agreement was signed on Thursday to bring to an end the months of wrangling between workers and employers over the cost-of-living allowance (CoLA) and set how it is implemented going forward. The signing was attended by President Nikos Christodoulides, who said that “a significant effort has been completed”. “A permanent agreement on CoLA has […]

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Invest Cyprus and Cyprus International Business Association sign MoU

Invest Cyprus and Cyprus International Business Association sign MoU

Invest Cyprus and the Cyprus International Business Association (CIBA) have signed a Memorandum of Understanding aimed at boosting the island’s investment and business environment. Invest Cyprus Chairman Evgenios Evgeniou and CEO Marios Tannousis recently welcomed a CIBA delegation – including its President Vassilios Demetriades and General Manager Valentinos Steliou – for a “constructive meeting”, as […]

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Korantina Homes: Shaping Cyprus’ Real Estate Future Through Visionary Investment

Korantina Homes: Shaping Cyprus’ Real Estate Future Through Visionary Investment

Korantina Homes has become synonymous with architectural excellence, strategic vision and long-term value creation In recent years, Cyprus has emerged as a dynamic hub for investment, with transformative projects reshaping its economic and urban landscape. Among the companies leading this evolution is Korantina Homes, an innovative real estate developer that has become synonymous with architectural […]

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Neocleous Tower to become the first LEED project in Cyprus

Neocleous Tower to become the first LEED project in Cyprus

A landmark of sustainability and innovation, this future-forward business hub sets a new benchmark for real estate in Cyprus Neocleous Tower, a groundbreaking commercial development in the heart of Limassol, is  inviting corporations to experience the future of upscale workplace environments. Redefining the modern work lifestyle, the tower is raising the benchmark for sustainable real […]

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AmCham Cyprus president pledges stronger US ties

AmCham Cyprus president pledges stronger US ties

Kyndryl Cyprus managing director Marios Kapiris recently assumed the role of president of the American Chamber of Commerce in Cyprus (AmCham Cyprus) for the 2026–2028 term, outlining an ambitious agenda to deepen economic and trade relations between Cyprus and the United States. “It is a great honour to step into the role of President of AmCham Cyprus for the 2026–2028 term,” Kapiris […]

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Famagusta launches Cyprus’ first AI tourist assistant

Famagusta launches Cyprus’ first AI tourist assistant

The Famagusta regional tourism board (Etap) announced on Tuesday that the district is becoming the first tourist destination in Cyprus to feature an AI-powered (artificial intelligence) digital assistant. “The board, with the support of the Deputy Ministry of Tourism, is taking yet another step towards innovation by introducing an AI digital assistant for tourism,” Etap said. “It is an artificial intelligence […]

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oint press release on the High-Level Dialogue Meeting on the Joint European Strategy (JES) for Development Cooperation with Cambodia (JES 2021–2027) and the Global Gateway Strategy

oint press release on the High-Level Dialogue Meeting on the Joint European Strategy (JES) for Development Cooperation with Cambodia (JES 2021–2027) and the Global Gateway Strategy

On 11 November 2025, the Royal Government of Cambodia and the European Partners reviewed progress in implementation of the Joint European Strategy (JES) and the EU Global Gateway Strategy, reaffirming Team Europe’s commitment to joint cooperation and sustainable development in the country. On 11 November 2025, at the Council for the Development of Cambodia (CDC), […]

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Cypriot scientists develop sea drones to boost defence and security

Cypriot scientists develop sea drones to boost defence and security

The Cyprus Marine and Maritime Institute has launched its first commercial spinout company to manufacture unmanned sea vessels with Cypriot technology for military and civilian applications. Nautonomy Ltd, established in September, will commercialise autonomous and smart maritime technologies developed by CMMI researchers. The company plans to produce sea drones—unmanned surface and underwater vessels—that can be used […]

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Koh Rong sees tourism surge

Koh Rong sees tourism surge

With visitor numbers projected to rise steadily through the rest of the year, Koh Rong is solidifying its reputation as a vibrant global travel hotspot. Koh Rong Islands have witnessed remarkable tourism growth in recent years, emerging as one of Cambodia’s fastest-growing destinations, a statement issued by Cambodia Tourism Board (CTB) citing Koh Rong Municipality […]

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Cyprus takes major step in connectivity with BlueMed cable landing

Cyprus takes major step in connectivity with BlueMed cable landing

BlueMed cable strengthens Cyprus’ role as digital hub Telecommunications provider Cyta on Thursday announced the successful landing of the BlueMed submarine cable at its Yeroskipos landing station. This marks “another decisive step in strengthening the country’s international connectivity”, Cyta stated. The BlueMed project, developed by Italian telecommunications provider Sparkle in collaboration with Google and other global partners, forms part of a wider […]

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