‘They’re building a highway through Akamas while your yiayia waits for her bus in the rain!’ There’s just one functioning method of public transport on the island of Cyprus. But those of us with vehicles of our own rarely use it. Why would we, when we can go anywhere we want at any time we want in […]
The 3rd annual event of the Recovery and Resilience Plan for Cyprus is scheduled to be held on Tuesday, 15 October with the aim of unveiling progress on the local health sector. The event is being organised by the General Directorate for Development of the Ministry of Finance and the Representation of the European Commission […]
Some 400 women in shipping from 40 different countries are participating in the 50th Anniversary World Congress of the Women’s International Shipping and Trade Association (WISTA International), which started on Thursday in Limassol. The Secretary General of the International Maritime Organisation (IMO), Arsenio Dominguez, in his opening address to the Conference expressed his satisfaction that […]
The Governor of the Central Bank of Cyprus (CBC), Christodoulos Patsalides, has called on banks to weigh both social considerations and the need to bolster the competitiveness of the economy in their pricing strategies. Warning against neglecting these factors, he suggested that failure could damage the sector’s reputation. Speaking with the Cyprus News Agency, and ahead […]
Labour Minister Yannis Panayiotou on Thursday spoke about the importance of digital and green skills in supporting Cyprus’ economic growth at a meeting of the Human Resources Development Authority’s (Anad) new board. The meeting, attended by Deputy Minister of Research, Innovation and Digital Policy Nicodemos Damianou and Environment Commissioner Antonia Theodosiou, focused on Cyprus’ policy […]
Cyprus’ trade deficit reached €4.98 billion in the January-August period, down 18.5 per cent compared to €6.12 billion in the same timeframe last year, according to a report by the Cyprus Statistical Service (Cystat). This improvement reflects a 15.5 per cent reduction in total imports, which amounted to €7.58 billion in the first eight months […]
By Rita Beyrouthy As the financial landscape evolves, with technology and digital finance shaping how investors access markets, it is important to focus on how these innovations can empower and protect investors while ensuring that markets remain fair and efficient. In the context of World Investor Week (WIW) 2024, this focus becomes increasingly relevant. In […]
Governor of the Central Bank of Cyprus (CBC), Christodoulos Patsalides, has told banks to take into account both the social aspect and the enhancement of the competitiveness of the economy when formulating their pricing policy. Failure to do so, he warned, could harm their image and put at risk the reputation of the banking sector. […]
The total number of registered motor vehicles in Cyprus rose by 13.2 per cent in the January-September 2024 period, reaching 38,819, compared to 34,280 during the same period last year. According to the Cyprus Statistical Service (Cystat), in September alone, motor vehicle registrations totaled 4,428, a decrease of 3.9 per cent from the 4,607 recorded […]
Cyprus recently achieved international recognition by winning the “Destination Award” at the Routes World Airline Conference, held in Bahrain from October 6 to 8. As Cyprus’ reputation for excellence in air connectivity continues to grow, the deputy Ministry of Tourism announced the award. This annual Routes World conference, a key event for the aviation industry […]
Israeli hospitality firm Fattal Hotel Group has announced plans to invest €55 million in acquiring and renovating the Elias Latsi Holiday Village Resort in Paphos. The property will be rebranded as Leonardo Club Family Resort and will feature new facilities including a water park. The renovation project is expected to take 18 months to complete, pending […]
The Ministry of Agriculture, Rural Development and Environment will present the National Strategy for the development of the primary sector on 10 October. The Strategy was drawn up after an extensive dialogue with the agricultural organisations and all stakeholders, Minister Maria Panayiotou said. Panayiotou told the House Agriculture Committee the strategy includes 11 actions aimed […]
At the opening of the Women in STEM Cyprus Forum in Limassol, Commissioner for Gender Equality Josie Christodoulou, acknowledged Cyprus’ progress on gender equality, despite ranking 21st among the 27 EU Member States. The Forum, organised by Women in Tech and TechIsland to mark Ada Lovelace Day, aimed to empower women in Science, Technology, Engineering, […]
Cyprus won the “Destination Award” at the Routes World Airline Conference, held in Bahrain from October 6 to 8, as its global reputation in air connectivity grows, the deputy Ministry of Tourism said. The Routes World conference, a central event for the aviation industry since 1995, gathers senior figures from airlines, airports, and global stakeholders. […]
On his first official visit to Hellenic Bank since Eurobank Group’s acquisition, CEO Fokion Karavias underscored his commitment to providing tangible support, accompanied by deputy CEO Stavros Ioannou. During their visit, Eurobank’s top executives, joined by Hellenic CEO Michalis Louis, toured the bank’s branches, business centres, and the Technology and Digital Development Centre in Nicosia, underscoring […]
India’s leading low-cost carrier IndiGo plans to expand its international network with the introduction of flights to Cambodia next year. Starting from February 2025, the airline will offer two direct routes connecting India and Cambodia, said Koy Kuong, Cambodian Ambassador to India. The first route will link New Delhi, India’s capital, to Phnom Penh. The […]