The story of the bank, committed to serving the nation, reflects that of the island, The history of the Bank of Cyprus is and always will be intertwined with that of the country. This perfect connection was highlighted in a devastating response by the Bank of Cyprus general manager in 1955 when, during a general […]
Deputy Minister of Tourism Kostas Koumis on Thursday said that Cyprus is likely to set a new record for tourist arrivals from France. Speaking during a series of meetings in Paris, where he led the Cypriot delegation at the IFTM 2024 tourism exhibition, Koumis said that Cyprus is poised to surpass last year’s figure of […]
The country, which has more 300 days of sunshine a year, has embraced rooftop systems that harness the sun’s energy By Helena Smith in Cyprus The Thriamvos company truck pulls up at noon outside the four-storey building in the heart of Nicosia. It’s the third rooftop installation of a solar-powered water heating system that Petros Mihali and […]
The profitability of the Cypriot banking sector surged in the first half of 2024, with after-tax profits rising to €602.92 million, compared to €345.64 million at the end of March 2024. According to the Central Bank of Cyprus (CBC), net interest income for Cypriot banks reached €1.03 billion by the end of June 2024, a […]
The Cyprus Securities and Exchange Commission (CySEC) is participating in World Investor Week, scheduled for October 7-14, with a strong focus on financial literacy. “Financial literacy empowers citizens to manage their money effectively and make sound decisions regarding their financial activities,” stated Elena Karkoti, a Senior Officer at CySEC. Karkoti pointed out that promoting financial literacy has […]
PwC Cyprus this week honoured the academic achievements of five trainees who distinguished themselves in the associate chartered accountant (ICAEW ACA) examinations. Prominent figures attended the award ceremony at the company’s Experience Centre, including PwC Cyprus CEO, Philippos Soseilos, and Chief People Officer, Anna Loizou, celebrating the trainees’ exceptional academic results. The ceremony saw Georgia […]
Deputy Minister of Tourism Kostas Koumis on Thursday said that Cyprus is likely to set a new record for tourist arrivals from France. Speaking during a series of meetings in Paris, where he led the Cypriot delegation at the IFTM 2024 tourism exhibition, Koumis said that Cyprus is poised to surpass last year’s figure of […]
Beauty Det Sreynad has been crowned Miss Planet Cambodia 2024. She will now compete in the Miss Planet International competition, in a yet to be disclosed location.
Cyprus industrial workers’ federation (Oviek-Sek) secretary-general George Kasiouris on Thursday called for a “balanced approach” regarding the employment of third-country nationals on the island. “The strategy of granting work permits to third-country nationals must be based on a balanced approach, which combines the meeting of the needs of the domestic labour market with the safeguarding of […]
Bird Aviation announced the construction of a new hangar at the old Larnaca Airport, expanding its operations with the addition of a new narrow-body aircraft bay. The project, which recently commenced adjacent to the existing hangar on Bird Aviation’s premises, is on track for completion within the next few months. The new facility is a response […]
The Deputy Minister of Tourism, Kostas Koumis, led the Cypriot delegation at the IFTM 2024 tourism exhibition in Paris. During his visit, he met with key industry executives and promoted Cyprus as a sustainable tourism destination. Koumis expressed optimism about surpassing last year’s record of 80,000 French visitors to Cyprus. He highlighted the growing French […]
Thai Airways and AirAsia will connect regular flight service to Siem Reap Angkor International Airport (SAI) in October, said Dy Rado, Deputy Governor of Siem Reap province. Thai Airways will start the daily Bangkok-Siem Reap route starting October 27 while AirAsia will start its air service between Phuket and Siem Reap on October 29, Rado […]
Prime Minister Hun Manet, received a delegation from the European Chamber of Commerce in Cambodia (EuroCham Cambodia) at the Peace Palace yesterday, according to a press release issued by the Spokesperson for the Prime Minister. At the outset, Ambassador of the European Union to Cambodia Igor Driesmans, who led the EuroCham delegation, praised the cooperation […]
Deputy Minister of Tourism Kostas Koumis on Thursday said that Cyprus is likely to set a new record for tourist arrivals from France. Speaking during a series of meetings in Paris, where he led the Cypriot delegation at the IFTM 2024 tourism exhibition, Koumis said that Cyprus is poised to surpass last year’s figure of 80,000 French visitors. According […]
The Nicosia property market is experiencing strong demand for second-floor apartments, according to real estate analytics firm Ask Wire. The company also reported notable differences in asking prices, with amounts ranging from €2,133 to €7,075 per square metre across different floors. Dozens of under-constructions and newly completed projects are currently being monitored by the firm […]
National investment promotion agency, known as Invest Cyprus, on Thursday announced that it recently participated in the India Mediterranean Business Conclave 2024. The event, held on September 6 in New Delhi, was part of the agency’s “ongoing efforts to position Cyprus as a premier destination for investment and business activities”, according to the announcement. The […]