In celebrating Cyprus’ maritime heritage and the bonds forged between education and shipping, the Ship Adoption training programme for the 2023-2024 academic year came to a ceremonious conclusion this week in Limassol. This year, 102 primary school classes across Cyprus adopted 102 ships from the Cyprus Shipping Chamber (Kne), emphasising the programme’s growing impact and […]
The East Mediterranean Gas Forum (EMGF), based in Cairo, has announced a recruitment process for two vacant positions, according to an announcement by Cyprus’ Ministry of Energy, Commerce, and Industry. The ministry noted that the available roles are for International Affairs Head and Strategy & Policy Development Head. Moreover, the EMGF will select the most […]
Invest Cyprus, the agency tasked with promoting investments in Cyprus, on Friday announced that it has successfully concluded a three-day programme titled ‘The Marketing and Partnerships Academy’, which was held from June 11 to 13 in Nicosia. Organised by the ANIMA Investment Network in collaboration with the CYENS Centre of Excellence and Invest Cyprus, the […]
Airplanes arriving in Cyprus were about 85% full in May, with numbers continuing to climb, according to Maria Kouroupi, director of aviation development and communication at Hermes Airports. Kouroupi told the Cyprus News Agency on Friday that about 41,000 passengers are passing through Larnaca and Paphos airports daily. She highlighted that the summer season is […]
Eurobank announced on June 3 the completion of a €275.7 million acquisition of a 26.1% stake (107,694,301 shares) in Hellenic Bank, following regulatory approval. The purchase price was €2.56 per share. With this acquisition, Eurobank now holds a controlling 55.3% stake (228,253,661 shares) in Hellenic Bank. As a result, Eurobank has launched a mandatory public […]
To provide a solar irrigation system for the Kingdom’s first regional nursery in Tboung Khmum province, the Ministry of Environment has signed a Memorandum of Understanding (MoU) with Coca-Cola Cambodia that will provide a system that can irrigate over a million seedlings annually, aiming to meet public demand for trees and promote green spaces. Located […]
In the exacting field of life sciences, where precision is paramount, Efevre Tech emerges as a leader in innovation. The brainchild of Dimitris Kyriakou, a seasoned molecular biologist with a PhD from the University of Cyprus, Efevre has evolved from a personal mission into a global inspiration for laboratory automation. Indeed, Kyriakou’s academic frustrations with experimental errors […]
Professional associations, who are members of the Cyprus Federation of Employers and Industrialists (Oev), this week met with the newly elected president of the European Committee for Electrotechnical Standardisation (CENELEC), Riccardo Lama. According to an announcement by the federation, the purpose of the meeting, which took place on Wednesday, was to introduce the relevant stakeholders […]
Panagiotis Polydoros, Country Manager of Mastercard for Greece, Cyprus, and Malta, used a press conference held this week in Nicosia to underscore Mastercard’s confidence in Cyprus and its vision for a transition to a digital and sustainable economy. Discussing the Cypriot market, Polydoros highlighted that the growth rate of card usage exceeded 17 per cent […]
European low-cost airline Wizz Air on Thursday announced an increase in flight schedules from its bases in Larnaca, Cluj, and Varna. According to the airline’s announcement, this expansion is set to significantly boost its service offerings, bolstering its position as Europe’s most rapidly growing low-cost carrier. “As part of Wizz Air’s commitment to providing exceptional […]
The Cyprus Securities and Exchange Commission (CySEC) and the Department of Accounting and Finance at the University of Cyprus (UCY) on Thursday jointly launched an educational initiative aimed at enhancing financial literacy among the public, especially young people. According to the announcement, this campaign features citizens who have learned from their financial mistakes and are […]
State-owned asset management company Kedipes on Thursday announced cash inflows of €144 million for the first quarter of 2024, with the company also making a record payment of €140 million to the state, bringing the total repayment of state aid to €1.3 billion. The announcement, made in conjunction with the company’s Q1 2024 management results, […]
Deputy Minister of Tourism Kostas Koumis on Thursday said that the strengthening of diplomatic relations between Cyprus and Jordan is helping to significantly lift the island’s tourism sector. In an announcement by the ministry, Koumis emphasised the considerable potential for enhanced collaboration between the two countries’ tourism partners. In the coming days, he explained, a […]
The Cyprus Securities and Exchange Commission (CySEC) and the Department of Accounting and Finance of the University of Cyprus (UCY) have jointly undertaken an interesting educational initiative aimed at financial literacy for the public, especially young people. What sets this initiative apart is that the “trainers” will essentially be citizens who have experienced and learned […]
A significant increase of 12.87% was recorded in the Cyprus Stock Exchange (CSE) during May, mainly driven by the rise in financial companies, which accounted for 77.54% of the monthly trading volume. The weight of Bank of Cyprus and Hellenic Bank stocks was particularly notable. According to a monthly review issued by CSE in the latest […]
German’ysuvex Academy, which provides qualified education and training on topics related to personal protective equipment and occupational safety, will consider choosing Cambodia as a destination for its investment expansion, said its Director Dr. Claus-JurgenLurz. Dr. Claus-JurgenLurz made the remarks after giving a presentation to a Cambodian delegation composed of representatives of the Council for the […]