Cyprus tech sector thrives with 800 firms in operation — FDI surges to €3.2bn

Cyprus tech sector thrives with 800 firms in operation — FDI surges to €3.2bn

Cyprus recorded a record-breaking €3.2 billion in foreign direct investment (FDI) for 2023, according to Invest Cyprus, the agency tasked with driving investments to the island. This figure was reported during the organisation’s annual general meeting on November 14. The meeting took place at the premises of the Finance Ministry in Nicosia, where it unveiled and […]

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900-Year-Old Guardian Statues Emerge at Cambodian Temple Complex

900-Year-Old Guardian Statues Emerge at Cambodian Temple Complex

by Richard WhiddingtonNovember 9, 2024 Share This Article Archaeologists conducting safeguarding work on the royal palace at Angkor Thom, a Khmer temple complex in Cambodia, have uncovered 12 sandstone guardian statues. The discovery came during a Cambodian-Chinese initiative to assess the structural integrity of the palace’s north gate, one of four such entrances. In particular, researchers were […]

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Two Cyprus villages named among UN’s “Best Tourism Villages”

Two Cyprus villages named among UN’s “Best Tourism Villages”

Two Cypriot villages, Pissouri and Kalopanayiotis, have been named among the “Best Tourism Villages 2024” by UN Tourism. The awards, presented during the 122nd session of the UN Tourism Executive Council, recognised 55 villages from 30 countries, selected from more than 260 applications across 60 member states. The global recognition programme, now in its fourth year, evaluates villages […]

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IN PICTURES: Tens of thousands of people flock to Phnom Penh on the first day of water festival

IN PICTURES: Tens of thousands of people flock to Phnom Penh on the first day of water festival

The first day of the three-day Water Festival drew tens of thousands of visitors from across Cambodia to the capital city of Phnom Penh. Phnom Penh becomes a vibrant centre of excitement, featuring exhilarating boat races, mesmerising illuminated floats known as “Pratip” and a captivating moon salutation ceremony known as “Sampeas Preah Khe”. The Tonle […]

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MPs discuss €30m circuit to tame street racers, as 15,000 supercars in Cyprus

MPs discuss €30m circuit to tame street racers, as 15,000 supercars in Cyprus

The parliament is discussing plans to build new racetracks to combat illegal street racing, following concerns about public safety and 176 related complaints filed with authorities over the past five years. The House Transport Committee debated the proposal on Thursday, which would require approximately 300,000 square metres of land between Larnaca and Limassol and an […]

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Cyprus olive oil prices stable despite global drop

Cyprus olive oil prices stable despite global drop

Global olive oil markets are experiencing a shift, marking a departure from the past two years when drought and heatwaves led to reduced production and soaring prices. Producer prices have dropped sharply across major trading hubs, as markets attempt to stabilise at historical levels following a return to normal production volumes. However, industry experts say attention must now […]

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