Nicosia to insist on linkup study

Nicosia to insist on linkup study

The Republic of Cyprus is entitled to request from the implementing entity – Greece’s Independent Power Transmission Operator (ADMIE) – an updated report on the cost-benefit analysis regarding the electricity interconnection between Cyprus and Greece as well as the updated business model, Cypriot Minister of Energy, Commerce and Industry George Papanastasiou has said. Speaking from […]

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Christodoulides visiting London to promote Cyprus as a business and investment destination

Christodoulides visiting London to promote Cyprus as a business and investment destination

President Nikos Christodoulides is travelling to London for a series of meetings with financial stakeholders, entrepreneurs and investors. As said in a written statement by the Government Spokesman, Konstantinos Letymbiotis, as part of the visit, the President of the Republic will participate in a 16 April event with businessmen and investors which will take place […]

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PwC Cyprus integrates ChatPwC in its daily operations

PwC Cyprus integrates ChatPwC in its daily operations

Following the demands of the modern era, PwC Cyprus has strategically integrated ChatPwC – an innovative generative artificial intelligence assistant (GenAI) – into its operations, thereby granting its people the ability to utilize it daily. Consequently, this strategic initiative aims to harness the power of GenAI to boost productivity, expedite service delivery, and foster innovation. Designed […]

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I-STARS offers cash for sustainable tourism

I-STARS offers cash for sustainable tourism

The I-STARS project, aimed at promoting sustainable tourism in Europe, has completed the selection process of a total of 125 tourism businesses from Cyprus, Greece, Ireland, Italy, and Spain, each receiving grants of up to €5,600. The I-STARS project initiated an open call in July 2023, inviting businesses from various tourism sectors to apply for […]

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Cash support for young entrepreneurs

Cash support for young entrepreneurs

The Ministry of Energy, Commerce and Industry has announced the second phase of the New Business Activity Support Plan, amounting to €20 million. This Plan forms part of the “THALEIA” Programme for 2021-2027 and is co-financed by the European Regional Development Fund (ERDF), the European Social Fund (ESF) of the EU, and the Republic of […]

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Fredriksen may move to Cyprus

Fredriksen may move to Cyprus

The Fredriksen Group, led by shipping magnate John Fredriksen, is contemplating moving a significant portion, if not all, of its shipping operations from Norway to Cyprus, citing dissatisfaction with Norway’s framework conditions. In a Finansavisen newspaper interview, Fredriksen expressed frustration over the nature of Norway’s regulatory environment, including sudden rule changes, fees and taxes, which […]

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Cambodia’s Economic Growth To Accelerate In 2024, Fueled By Manufacturing And Tourism, Says ADB

Cambodia’s Economic Growth To Accelerate In 2024, Fueled By Manufacturing And Tourism, Says ADB

Cambodia’s economy is forecast to grow at 5.8 percent in 2024 and 6.0 percent in 2025, fueled by a further rebound in tourism and strong manufacturing prospects, according to the latest edition of the Asian Development Bank’s (ADB) flagship economic report released on April 11. “Despite global economic challenges, Cambodia’s economy performed well in 2023,” […]

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Cultural hotspot in Cyprus mountains

Cultural hotspot in Cyprus mountains

Traditions of one of the island’s historic villages combine with the future of art in a new space. SARA DOUEDARI meets the visionaries behind the gallery where old meets new among lemon and olive trees  Down an alley in the village of Lefkara, a traditional brick building stands, leading into a gallery space that contrasts […]

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Kampot’s seahorse statue grabs limelight

Kampot’s seahorse statue grabs limelight

Drawing parallels to Singapore’s iconic Merlion, the half-man half-lion sculpture that has become synonymous with the city-state, the newly unveiled statue of a seahorse has shot to national prominence. The hitherto unheralded small town of Kampot now boasts of a tourist attraction as emblematic as the Merlion. The statue standing at a height of 8 […]

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