Wizz Air’s President: We want to continue building on our position as number one at Larnaca airport

Wizz Air’s President: We want to continue building on our position as number one at Larnaca airport

Since establishing a base at Larnaca Airport in 2020, Wizz Air has seen remarkable growth, doubling its capacity and becoming a leading airline in Cyprus. In conversation with Phileleftheros and in-cyprus, Robert Carey, the President of Wizz Air, offers a glimpse into the airline’s strategic expansions and operational resilience amidst the complex challenges posed by the pandemic, geopolitical […]

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Cyprus showcases startup ecosystem in Barcelona

Cyprus showcases startup ecosystem in Barcelona

The Research & Innovation Foundation (RIF) this week released a statement highlighting Cyprus’ impact at the “Mobile World Congress Barcelona 2024” and “4 Years from Now” (4YFN), the world’s largest exhibitions for information technology and communications. Led by Chief Scientist Demertris Skourides, along with members of the Research & Innovation Foundation, eight pioneering Cypriot businesses […]

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Cyprus Central Bank and Bank of Greece sign cooperation agreement

Cyprus Central Bank and Bank of Greece sign cooperation agreement

The Central Bank of Cyprus (CBC) and the Bank of Greece (BoG) on Friday signed a Memorandum of Cooperation during a ceremony held in Nicosia. The signing ceremony took place with the presence of CBC governor Constantinos Herodotou and BoG governor Yiannis Stournaras. Speaking after the signing of the memorandum, Stournaras stated that “the signing of the cooperation memorandum today […]

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Cyprus Hospitality Awards honour tourism standouts

Cyprus Hospitality Awards honour tourism standouts

The Deputy Ministry of Tourism and the Cyprus Hospitality Association this week held the Cyprus Hospitality Awards, an event that sought to honour exceptional people and businesses from the tourism and hospitality sectors. The event, which was held in Limassol on Thursday evening, was attended by Deputy Minister of Tourism Kostas Koumis, who highlighted the ongoing efforts to […]

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FinMin and Research Dep. Minister agree to cooperate to promote digital transition

FinMin and Research Dep. Minister agree to cooperate to promote digital transition

Minister of Finance Makis Keravnos and Deputy Minister of Research, Innovation and Digital Policy Nicodemos Damianou, discussed ways of productive cooperation between the two institutions in order to promote the digital transition. In statements after the meeting, the Minister of Finance said that the digital transition is a “basic political direction” of the Government, which […]

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Cyprus receives greater EIB support in 2023, with heavy focus on green investments

Cyprus receives greater EIB support in 2023, with heavy focus on green investments

Lending in Cyprus last year by the European Investment Bank (EIB) Group rose to €257 million, up 3% compared with 2022. The new financing went towards increasing economic competitiveness, mitigating climate change and improving everyday life for residents. The EIB committed €130 million to support a programme called THALIA that targets smart and green investments […]

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Smart meter installation edges closer to reality

Smart meter installation edges closer to reality

After lengthy tender procedures, the Electricity Authority (EAC) has awarded the tender for the installation of smart meters to the Cyprus Telecommunications Authority (Cyta), it emerged on Wednesday. The decision to award the tender for the supply and installation of 400,000 meters was made by the EAC’s new board of directors on Monday, as reported by Phileleftheros. The […]

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Deloitte report reveals discrepancies between leader perceptions and worker realities

Deloitte report reveals discrepancies between leader perceptions and worker realities

Consulting and advisory firm Deloitte Cyprus on Thursday announced the release of the organisation’s Global Human Capital Trends report for 2024, which examines the most important issues for organisations, leaders and workers. This year’s report, based on surveys from over 14,000 business and human resources leaders across many industries and sectors in 95 countries, including Cyprus, “Thriving Beyond Boundaries: […]

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