Invest Cyprus chairman Evgenios Evgeniou addressed foreign investors at the 13th Invest Cyprus International Investment Awards in Nicosia on Wednesday, reaffirming the organisation’s commitment to working with the international investment community to build a more diversified and innovative Cyprus. Speaking at the event, Evgeniou highlighted the growing confidence in Cyprus as an investment destination, pointing […]
Chief Scientist Demetris Skourides recently completed a high-level business visit to the United Arab Emirates, according to an announcement released on Thursday. The visit aimed to “reinforce Cyprus’ role as a forward-looking hub for artificial intelligence, deep technology, and innovation-led economic growth”. “The visit formed part of Cyprus’ broader strategy under Vision 2035 to foster […]
MUMBAI: In a landmark move that signals bold ambitions for international expansion and cross-border innovation, HT Labs, the innovation and product arm of HT Media, has signed a strategic Memorandum of Understanding (MoU) with The Doers Company—organisers of Europe’s leading innovation events such as Reflect Festival and the upcoming Doers Summit. The MoU was formalised […]
An air-conditioned space was opened on Wednesday by Larnaca municipality to offer mostly the elderly a place to cool off in the face of extremely high temperatures. It said the safety and wellbeing of citizens was its priority. The space is located in Chrysostomio Melathro, Epidavrou 22-24 and is open daily from 8am to 5pm. Cool […]
Synopsis: Cambodia is actively negotiating free trade agreements with several countries and preparing to access new markets, ensuring that Cambodia is not overly dependent on any single partner. Prime Minister Hun Manet is scheduled to chair a crucial meeting next week to review Cambodia’s procedures and proposals aimed at expanding the export of agricultural products […]
Synopsis: Once operational, the airport is projected to handle six times the passenger capacity of the current Phnom Penh International Airport. The State Secretariat of Civil Aviation (SSCA) yesterday officially announced that the Royal Government of Cambodia has agreed in principle to designate September 9, as the opening date of the Techo International Airport, a […]
The new discovery of natural gas in Cyprus’ exclusive economic zone (EEZ) in offshore Block 10 reaffirms the country’s energy potential, President Nikos Christodoulides said in a post after a teleconference with ExxonMobil Vice President, John Ardill, and being informed that the ‘Pegasus-1’ well drilling, within offshore Block 10, indicated approximately 350 metres of gas-bearing […]
Total motor vehicle registrations in Cyprus fell in the first half of 2025, according to data released by CySTAT. Specifically, registrations reached 25,954, marking a 1.1% decrease compared to 26,250 in the corresponding period of 2024. Despite the overall decline over the six-month period, June showed a positive trend, with a 13.1% increase in registrations, […]
Cyprus’ trade sector recorded positive growth in 2023, according to the state statistical service’s wholesale and retail trade survey, the results of which were released on Wednesday. Turnover and employment both increased during the reporting period, although value added at current prices fell slightly due to declining fuel prices. The report showed that total turnover in the broad trade sector rose by […]
Bash 2025 draws 185 participants in Cyprus’ key startup meetup Cyprus’ innovation ecosystem gathered momentum this week as ‘The Bash 2025’ brought together 185 participants for the country’s flagship startup and networking event. Now in its fifth year, the gathering has cemented its role as a key platform for idea exchange, partnerships and collaboration. The […]
Synopsis: Cambodia’s economic future must be built on a foundation of strong and diverse human capital, not just a few individuals, but a large, skilled workforce across all sectors. Prime Minister Hun Manet Tuesday said that the Royal Government has always prioritised investment in human resources, recognising them as essential assets for managing and strengthening […]
In the first half of 2025, the Council for the Development of Cambodia (CDC) approved 373 investment projects with a total capital of approximately $5.8 billion. Nearly two-thirds of them were in the industrial sector. According to a July 7 CDC press release, the projects are expected to create about 255,000 jobs. Compared to the […]
Synopsis: The increase in electric vehicles usage aligns with a rapidly accelerating global trend, and Cambodia is witnessing a parallel development of its own EV sector. Cambodia Monday introduced an electricity pricing mechanism for electric vehicle (EV) charging stations, with rates potentially reaching KHR 1,050 per kwh ($0.26), as the country experiences a surge in […]
Cypriot citizens’ perception of the impact of EU regional policy remains largely positive, the latest Eurobarometer survey reveals. According to the survey, 88% of respondents in Cyprus believe EU-funded initiatives make a positive contribution on living conditions in their respective countries or regions, while 35% among them are aware of such initiatives altogether. The respective […]
CSR Cyprus successfully held its 9th Annual Electoral and General Assembly on Thursday, 3 July, 2025, at Lemon Park in Nicosia. The event was attended by representatives of Member organisations, partners, and institutional stakeholders. Greetings were delivered by the Commissioner for the Citizen, Panayiotis Palates; the Commissioner for the Environment and Animal Welfare, Antonia Theodosiou; […]
A teleconference between President Nikos Christodoulides and representatives of ExxonMobil is scheduled to take place this afternoon, with official announcements expected to follow regarding the “Pegasus” project, Government Spokesperson Konstantinos Letymbiotis confirmed. Responding to a journalist’s question during statements at the Presidential Palace, Letymbiotis stated: “Today at 17:00, the President of the Republic will hold […]