The American University of Beirut – Mediterraneo (AUB Mediterraneo) will inaugurate its new Paphos campus on September 4, a significant milestone for its operations in Cyprus. The inaugural ceremony, scheduled for 7:00 pm on Wednesday, September 4 at Apostolou Pavlou Avenue 50, promises to be an event for both the university and the broader region. […]
The Cyprus Agricultural Payments Organisation (Capo) this week announced that it has established a strategic partnership with the Eratosthenes Centre of Excellence (ECoE), which operates within the Cyprus University of Technology (Tepak). According to the announcement, this key agreement was formally signed by Andreas Kyprianou, Capo Commissioner, and Diofantos G. Hadjimitsis, Managing Director of the ECoE. In their […]
The Cypriot government is in the process of creating a national strategy for cruise tourism, aimed at transforming the island into a prime destination in the Eastern Mediterranean, it emerged on Wednesday. The new cruise strategy, set to be finalised by the first half of 2025 is expected to further bolster the economy and job market, considering the […]
PHNOM PENH, August 27, 2024 — In a move to promote Cambodian cashew products within the aviation sector, To Pila, Secretary of State at the Ministry of Commerce, and Van Chanty, Director General of Air Transport Policy at the Secretariat of State for Civil Aviation, recently convened to discuss the introduction of processed cashews for […]
Local business conglomerate, the Royal Group of Companies launched the Kingdom’s first private charter jet service during an official ceremony last week, including a maiden jet flight departing from the Phnom Penh International Airport hosting various dignitaries, stakeholders and guests. The private charter jet service will operate under the group’s subsidiary, CamJets Royal Group. During […]
Minister of Mines and Energy Keo Rottanak has unveiled potential industrial development in Pursat province, now dubbed the country’s “battery”, which once known as a remote Khmer Rouge stronghold. Significant foreign investments are now pouring into the area, contributing to economic growth and improving the livelihoods of local residents. Pursat, Cambodia’s fourth-largest province by area, […]
Ministry of Commerce (MoC) Monday called for the implementation the comprehensive strategies to address the challenges and promote economic empowerment of women including investing in women’s skills development programs. Addressing a workshop on ‘SheTrade Outlook Validation’ at the Hyatt Regency Hotel in the capital, Minister of Commerce Cham Nimul said that her ministry has been […]
Minister of Transport, Communications and Works Alexis Vafeades has said contractors will be in place to continue specefic works at Larnaca marina “in about a year.” These contractors, the Minister continued, will be responsible for implementing specific short-term reconstruction projects selected to continue. Speaking on Ant1’s midday news show on 27 August, Vafeades mentioned that […]
August has seen high occupancy rates at Cypriot hotels, reaching or even exceeding 90 per cent in some cases, according to Hoteliers’ Association (Pasyxe) general director Philokypros Rousounides. Rousounides noted that despite various challenges, including regional conflicts, economic downturns in the UK, and major sporting events, the industry remains resilient. In statements to local outlet InBusiness, […]
The Cyprus Real Estate Agents Registration Council this week announced that it will conduct examinations for aspiring new real estate agents on Saturday, 26 October 2024. According to the announcement, these exams are essential for candidates seeking registration in the council’s official registry. Council president Marinos Kineyirou said that “the written examinations are conducted in accordance with Article 11(1)(a)(v) of the […]
The University of Cyprus’ Economics Research Centre (CypERC) is entering the second phase of its tax reform project, it emerged on Monday, after it had been tasked to come up with a series of proposals by the government. The proposed tax reform is set to focus on green taxation, reducing dependence on expensive electricity, and […]
Cypriot tennis legend Marcos Baghdatis is to play a one-off exhibition match against former world number one Andre Agassi in Limassol in September.The match will mark the opening of the Marcos Baghdatis Tennis Academy, which will be located on the site of the City of Dreams Mediterranean resort. As well as the tennis match, the […]
PHNOM PENH, August 27, 2024 — The establishment of the Honorary Consulate of the Republic of Cyprus in Phnom Penh marks a significant step in strengthening diplomatic, cultural, and economic relations between Cyprus and Cambodia. This new consulate is poised to become a hub for bilateral exchanges, offering a gateway to enhanced cooperation and understanding […]
Sun Chanthol, Deputy Prime Minister and First Vice-Chairman of the Council for the Development of Cambodia (CDC) said that the CDC plans to launch an online investment application form to make it easier for investors to apply online. CDC will present this project to Prime Minister Hun Manet as well as the Council of Ministers […]
The Energy Ministry has expressed satisfaction over the response to its ‘’photovoltaics for all’’ scheme from consumers. A press release says that by July the Ministry received 6,000 applications which were budgeted for the first phase of the scheme in the framework of a wider project which aims to sponsor the use of RES in […]
Τhe year-over-year growth rate of the Cyprus Composite Leading Economic Index (CCLEI) remained positive in July, the Economics Research Centre (CypERC) of the University of Cyprus says in a press release. The Index, it is added, recorded a year-over-year increase of 0.8% in July 2024, following the year-over-year increases of 0.9% and 0.8% recorded in […]