Sklavenitis sets a new standard for employee benefits in Cyprus

Sklavenitis sets a new standard for employee benefits in Cyprus

In a remarkable move that redefines employee support within the retail sector, supermarket chain Sklavenitis has introduced the 14th salary to its entire workforce in Cyprus, including employees from the recently acquired Papantoniou stores. This initiative makes Sklavenitis the only supermarket chain on the island to offer this valuable financial benefit to all of its staff—regardless of […]

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Twin towers development worth €80 million proposed for busy Limassol junction

Twin towers development worth €80 million proposed for busy Limassol junction

SolidVes Ltd has submitted an €80 million development proposal to Limassol Municipality, seeking environmental approval for twin 13-storey buildings combining residential, commercial, and office space on a 14,715 square metre plot at the junction of Omonia and Paphos avenues. The proposed development would create 18,719 square metres of built space across two independent structures. The […]

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PwC Cyprus praises investor role in economic transformation

PwC Cyprus praises investor role in economic transformation

PwC Cyprus on Friday released a statement outlining their support for this year’s Invest Cyprus International Investment Awards, with the firm being a platinum sponsor of the event. The event, organised by Invest Cyprus under the auspices of president Nikos Christodoulides, reaffirmed Cyprus’ position as a regional hub for international business and recognised distinguished foreign investors […]

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Song Saa Private Island: Cambodias Eco-Luxe Eden

Song Saa Private Island: Cambodias Eco-Luxe Eden

Our travel maven, Dr Iroshini Chua, takes us on another fabulous adventure. Setting the scene:  A turquoise mirror flecked with emerald isles stretched before me as the speedboat sliced through the waves of the Gulf of Thailand toward Song Saa Private Island. 45 minutes from Sihanoukville’s port, this secluded haven in Cambodia’s Koh Rong Archipelago appeared from […]

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Cambodia, China discuss ways to further boost economic cooperation

Cambodia, China discuss ways to further boost economic cooperation

Synopsis: Both sides discussed several key topics including strengthening cooperation in production and supply chains, the impact of implementing measures related to the origin of goods and challenges faced by Chinese investors. Cambodia and China Wednesday reiterated their commitment to further boost the bilateral economic, trade, and investment cooperation, with a particular focus on the […]

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Chief Scientist strengthens Cyprus’ innovation standing as regional gateway to Europe during UAE visit

Chief Scientist strengthens Cyprus’ innovation standing as regional gateway to Europe during UAE visit

The Chief Scientist, Demetris Skourides, has concluded a high-level business visit to the United Arab Emirates, reinforcing Cyprus’ positioning 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 cross-border partnerships, attract international investment, and accelerate the global competitiveness […]

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Cyprus trade deficit widens to €3.26 billion

Cyprus trade deficit widens to €3.26 billion

Cyprus recorded a trade deficit of €3.26 billion in the first five months of 2025, slightly up from €3.18 billion in the same period of 2024, according to figures released on Thursday by the statistical service. Specifically, total imports of goods from January to May 2025 amounted to €5.37 billion, rising by 13.7 per cent from €4.73 billion in […]

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Tech contest opens to startups from Cyprus and Greece

Tech contest opens to startups from Cyprus and Greece

Financial literacy and AI focus of NBG innovation programme The National Bank of Greece on Thursday announced the launch of its 16th Innovation and Technology Competition as part of its NBG Business Seeds programme. “This initiative is the longest-running innovation support institution in Greece and Cyprus, promoting individuals with vision and offering them the tools and guidance needed […]

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