Industrial Turnover up 2.6% in June

Industrial Turnover up 2.6% in June

The Industrial Turnover Index increased by 2.6% in June 2024 on an annual basis, Cystat said. The index reached 136.6 units (base year 2021=100). For the period January to June 2024, the index recorded an increase of 2% compared to the same period in the previous year. In manufacturing, the Industrial Turnover Index for June […]

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Cypriot tech firms to take part in Dubai exposition through CITEA partnership

Cypriot tech firms to take part in Dubai exposition through CITEA partnership

The Cyprus Information Technology Enterprises Association (CITEA) announced this week that it has signed a cooperation agreement with the Dubai World Trade Centre (DWTC). This agreement paves the way for Cypriot IT companies to participate in the prestigious GITEX technology exhibition, held annually in Dubai. This agreement marks a significant step forward for Cyprus’ growing […]

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FINOM appoints new CFO amid European expansion

FINOM appoints new CFO amid European expansion

Alessandro Camilotti joins from Swedish financial technology company Klarna Digital banking platform FINOM, which also has offices in Cyprus, announced the appointment of Alessandro Camilotti as its new chief financial officer on Thursday. The Amsterdam-based firm explained that Camilotti’s appointment aims to bolster the executive team as FINOM scales its operations across the European Union. […]

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Bay of Lights: A visionary transformation of Cambodia’s coastline showcased at the Inaugural Singapore Business Expo

Bay of Lights: A visionary transformation of Cambodia’s coastline showcased at the Inaugural Singapore Business Expo

The Bay of Lights, a transformative USD 16 billion coastal township development project, took center stage at the inaugural Singapore Business Expo 2024, coinciding with Singapore’s 59th Independence Day celebrations. Showcased as the groundbreaking project, the Bay of Lights is poised to transform Cambodia’s coastal economy and create ripple effects across the Southeast Asia region. Transforming […]

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Saudi minister visits Limassol’s Eurogate terminal

Saudi minister visits Limassol’s Eurogate terminal

Saudi Arabia’s Transport Minister Saleh Al Jasser visited the Eurogate Container Terminal in Limassol this week to review its upgraded infrastructure and operations. According to Eurogate, During the visit, Al-Jasser, accompanied by Cyprus’ Transport Minister Alexis Vafeades and Deputy Minister of Shipping Marina Hadjimanolis, toured the terminal. He was briefed by Chief Operating Officer Alexandros […]

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