The first investments from the Cyprus Equity Fund, established by the Cypriot government in collaboration with the European Investment Fund (EIF), are expected to commence in the autumn, it emerged on Thursday. The fund, with a total budget of €37.5 million, aims to bridge the financing gap in entrepreneurship and innovation. According to statements made […]
The opening of Salina Park, Larnaca’s newest urban green space, has been delayed by two months due to the summer heatwave. The park, which was originally slated for completion in August, is now expected to open in October. Mayor Andreas said that the contractor was granted justified extensions due to the extreme weather conditions. The 14,000-square-meter park […]
An international showcase of young talent, the first Blue Regatta Kimon has had an impact on youth sailing and Cyprus’ maritime heritage From last Thursday to Sunday, the city of Larnaca has been host to the 1st Blue Regatta Kimon, an event that has generated buzz among young sailing enthusiasts and their supporters worldwide. Organised […]
The Council of Ministers has approved the signing of a loan agreement worth €108m from the European Investment Bank (EIB) to finance the construction of student residences in Limassol and Paphos. The residences are meant for the students of the Cyprus University of Technology, based in Limassol, with departments operating in Paphos as well. President Nikos […]
The Cyprus Securities and Exchange Commission (CySEC) on Wednesday announced important updates related to its anti-money laundering (AML) exams for certified persons. The exams are designed to confirm that individuals appointed as AML compliance officers have received adequate training, although other employees working in finance may also take them to bolster their knowledge on the […]
The Bank of Cyprus has received two accolades recognising its corporate responsibility at the Boussias Cyprus Responsible Awards 2023, according to a statement released on Wednesday by the bank. Specifically, the Bank of Cyprus was awarded the Platinum Award in the Long-term Investment category for the establishment of the Bank of Cyprus Oncology Centre 26 […]
Pedalion Yachting, a luxury yachting company based in Cyprus, on Wednesday announced a new partnership with Italian boatmaker Comitti Yachts. According to the announcement, “this collaboration introduces the elegant and sophisticated Comitti yachts to the Cyprus market, renowned for their masterful blend of classic beauty and modern aesthetics”. The announcement added that Comitti Yachts are […]
Cambodia welcome 3.16 million foreign tourists in the first half of this year, up 22.7 percent from 2.57 million recorded in the same period in 2023, a Ministry of Tourism’s report showed on Tuesday. Thailand topped the list of foreign arrivals to Cambodia during the said period with 955,250 visitors, a year-on-year decrease of 9.7 […]
The Paphos Regional Tourism Development and Promotion Company has installed a smart sign at a 500-year-old oak tree in the village of Fyti, expanding its digital information services and furthering its efforts to transform the region into a smart destination. Visitors can scan the QR code on the sign to access information about the tree, […]
Cyprus is definitely having its music moment this year as more and more international stars add it to their touring schedule. No complaints from music fans and as the summer ends its busy concert line-up, the autumn will arrive in full swing. One more star is travelling to the island in October. Set to perform […]
The deadline for applications in Cyprus for the second phase of the “Electrification at 1000” grant program has been extended by two months, now closing on September 30, the Department of Electromechanical Services announced. The initiative is part of the National Recovery and Resilience Plan and is aimed at promoting a green economy and sustainable […]
Cambodia’s fisheries sector is undergoing a transformative shift, with Unica enterprise leading the charge towards a more sustainable and internationally competitive industry. Founded in 2014, this pioneering enterprise has evolved from a small initiative supporting women fishermen into a major player in the agri-food sector. With the backing of the CAPFISH-Capture Project and strategic collaborations, […]
Prime Minister Hun Manet announced a significant boost in Cambodia’s agricultural exports during the first half of this year, marking the highest increase in the last five years. In a report presented by the Ministry of Agriculture, Forestry, and Fisheries, it was revealed that the country saw an unprecedented growth of nearly 60% in agricultural […]
The Polish airline LOT has announced the resumption of its flights to Larnaca Airport, with four per week during the winter season. According to a press release from the deputy Ministry of Tourism, LOT intends to increase the frequency to six flights a week during the summer season in 2025. In addition to LOT, flights […]
Cambodia made more than $210 million in revenue from rubber exports in the first half year of 2024, an increase of about 8.6 percent over the same period of 2023, said a report of the General Directorate of Rubber on Wednesday Khun Kakada, Acting-Director General of the General Directorate of Rubber of Ministry of Agriculture, […]
Prime Minister Hun Manet Thursday called for connecting direct flights from the major tourist destinations in the world to Siem Reap. Mr Hun Manet highlighted this during a groundbreaking ceremony for the construction of the Samdech Pin Sem Museum in Siem Reap province. To attract more tourists to visit Cambodia, especially Siem Reap province – […]