Cambodia, Luxembourg discuss ways to enhance investment ties

Cambodia, Luxembourg discuss ways to enhance investment ties

The Council for the Development of Cambodia (CDC) and the Ministry of Foreign and European Affairs, Defence, Development Cooperation and Foreign Trade of Luxembourg (MAE) held discussions on the Kingdom’s investment and business climate to strengthen bilateral cooperation. Sun Chanthol, Deputy Prime Minister and First Vice-Chairman of CDC, granted the courtesy visit to the Luxembourger […]

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American Medical Center awaits approval for €50 million Limassol development

American Medical Center awaits approval for €50 million Limassol development

The city of Limassol is set to gain an advanced private healthcare facility through a substantial €50 million investment, pending final regulatory approvals from local authorities. C & SO Medical Properties Ltd has submitted all necessary documentation and studies for the proposed American Medical Center, which would bring specialised medical services to the city, complementing the company’s existing facility […]

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Famagusta district is going places

Famagusta district is going places

Famagusta district’s first-ever coordinated online tourism campaign promoting it to foreign markets ended 2024 with impressive results, surpassing all expectations and laying the groundwork for an even more dynamic follow-up in 2025. The campaign, from April to October 2024, was the largest collaborative effort to date, with 150,000 euros raised through partnerships between the local […]

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Hellenic Bank to complete CNP deal by early 2025

Hellenic Bank to complete CNP deal by early 2025

Hellenic Bank is expected to finalise its acquisition of CNP Cyprus Insurance Holdings Limited by the first quarter of 2025. The deal, valued at €182 million, is still pending regulatory approvals, according to preliminary results released by the bank. On November 28, 2024, the bank confirmed that the Cyprus Competition Commission had approved the transaction […]

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Cyprus Business Now: weekly wrap-up

Cyprus Business Now: weekly wrap-up

Here are the top business stories in Cyprus from the week starting February 24: Natural gas production from Block 6 of Cyprus’ Exclusive Economic Zone (EEZ) could commence within 2 to 2.5 years, according to Constantinos Hadjistassou, Professor at the School of Sciences and Engineering, Department of Engineering at the University of Nicosia. He described […]

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Hellenic Bank to complete CNP deal by early 2025

Hellenic Bank to complete CNP deal by early 2025

Hellenic Bank is expected to finalise its acquisition of CNP Cyprus Insurance Holdings Limited by the first quarter of 2025. The deal, valued at €182 million, is still pending regulatory approvals, according to preliminary results released by the bank. On November 28, 2024, the bank confirmed that the Cyprus Competition Commission had approved the transaction […]

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Cool down at the Pich Chenda waterfall

Cool down at the Pich Chenda waterfall

The Pich Chenda Waterfall in Battambang province boasts its all-year-round cool ambiance and the waterfall attracts more visitors during the dry season as the temperature increases, especially for the Khmer New Year in April. Muth Vicheka, a resident of Battambang city, said that he and his family and friends visited the waterfall for the second […]

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