Government eyes easier access to finance for SMEs

Government eyes easier access to finance for SMEs

Energy Minister George Papanastasiou is at the forefront of government initiatives designed to strengthen support for small and medium-sized enterprises (SMEs). These initiatives primarily focus on enhancing their access to finance, as well as the streamlining of procedures through the better use of technology. Currently, the Ministries of Finance and Energy are collaboratively advancing procedures […]

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Eurobank renews support for Cyprus Seeds in boost to local startup ecosystem

Eurobank renews support for Cyprus Seeds in boost to local startup ecosystem

Eurobank Cyprus has renewed its cooperation agreement with Cyprus Seeds, a non-profit organisation focused on the commercialisation of innovative academic research. This is the sixth consecutive year of Eurobank supporting the organisation, something which the bank said “confirms its commitment to promoting innovation and entrepreneurship”. According to the announcement, this partnership aims to bolster the startup ecosystem and ensure […]

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Cyprus apartment prices and rents rise from year before

Cyprus apartment prices and rents rise from year before

Both apartment prices and rental costs in Cyprus increased during the fourth quarter of 2024, rising by 1.3 per cent and 1.5 per cent year-on-year, respectively, according to real estate analytics firm Ask Wire. In its latest report, the company explained that this latest increase in prices is a reflection of strong demand. A closer look at the firm’s fourth-quarter report reveals growth in specific segments, with annual sale […]

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Cyprus Airways to start seasonal Venice flights with fares from €86

Cyprus Airways to start seasonal Venice flights with fares from €86

Cyprus Airways will launch direct flights between Larnaca and Venice from May 30 to September 29, 2025, with fares starting at €86 one way, the airline announced on Monday. The twice-weekly service, operating on Mondays and Fridays, adds to the carrier’s expanding Mediterranean network, which includes major European cities and Middle Eastern destinations. The new route […]

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Paphos hospitality union secures concessions for more foreign workers

Paphos hospitality union secures concessions for more foreign workers

The Paphos Leisure Centre Owners Association (SIKAP) has secured significant labour agreements to increase the number of third-country nationals working in the hospitality sector, the organisation’s president and Paphos Deputy Mayor Angelos Onisiforou said. The association has successfully negotiated with the Ministry of Labour to increase the hiring quota for non-EU workers, with approval times expected to […]

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Monaco, Luxembourg, Cyprus, Montenegro, San Marino and Malta Lead the Way for Long Haul Travel to Europe in Winter-Spring 2025: New Report You Need to Know

Monaco, Luxembourg, Cyprus, Montenegro, San Marino and Malta Lead the Way for Long Haul Travel to Europe in Winter-Spring 2025: New Report You Need to Know

Long-haul travelers are setting their sights on Europe in Winter and Spring 2025, but it’s not just the usual hotspots making waves. A new report reveals that Monaco, Luxembourg, Cyprus, Montenegro, San Marino, and Malta are among the top destinations attracting international visitors. These countries are capturing global interest thanks to their rich history, breathtaking landscapes, strong safety […]

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Meeting between Chief Cabinet Secretary HAYASHI Yoshimasa and H.E. Mr. Vongsey Vissoth, Deputy Prime Minister and Minister in charge of the Office of the Council of Ministers of the Kingdom of Cambodia

Meeting between Chief Cabinet Secretary HAYASHI Yoshimasa and H.E. Mr. Vongsey Vissoth, Deputy Prime Minister and Minister in charge of the Office of the Council of Ministers of the Kingdom of Cambodia

On February 4, commencing at 5:40 p.m. for approximately 20 minutes, Mr. HAYASHI Yoshimasa, Chief Cabinet Secretary, held a meeting with H.E. Mr. Vongsey Vissoth, Deputy Prime Minister and Minister in charge of the Office of the Council of Ministers of the Kingdom of Cambodia, who is visiting Japan upon the invitation of the Ministry of […]

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Cambodia open to all agri investors, Tina says

Cambodia open to all agri investors, Tina says

Dith Tina, Minister of Agriculture, Forestry and Fisheries (MAFF), yesterday said that Cambodia is open to all investors who are interested in investing in the agricultural sector. Receiving a courtesy call from Professor Wendy Umberger, Chief Executive Officer of the Australian Centre for International Agricultural Research (ACIAR), at the ministry, Tina said, “Cambodia is open […]

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