ADB Approves US$82.5 Million Budget for Cambodia’s Energy Transition and Reform Program

ADB Approves US$82.5 Million Budget for Cambodia’s Energy Transition and Reform Program

Phnom Penh, October 7, 2025 (AKP) — The Asian Development Bank (ADB) has approved the second phase of Cambodia’s Energy Transition Sector Development Program (ETSDP), amounting to US $82.5 million. This funding comes with co-financing from the ASEAN Infrastructure Fund, the Asia-Pacific Climate Finance Fund, the Green Climate Fund, and the United Kingdom through the ASEAN Catalytic Green Finance Facility. According to ADB’s […]

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Cyprus and Qatar sign MoU to boost maritime cooperation and green shipping

Cyprus and Qatar sign MoU to boost maritime cooperation and green shipping

Cyprus and Qatar have signed a memorandum of understanding (MoU) to strengthen cooperation in maritime affairs. The memorandum covers areas such as education, infrastructure, environmental protection, as well as the green transition of shipping. The agreement was signed on Tuesday by Deputy Minister of Shipping Marina Hadjimanolis and Qatar’s Minister of Transport, Sheikh Mohammed bin Abdulla bin Mohammed Al Thani, on […]

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Cyprus shipping remains cornerstone of national economy, says chamber leader

Cyprus shipping remains cornerstone of national economy, says chamber leader

Cyprus continues to grow as a reliable international shipping centre Cyprus’ shipping sector remains a cornerstone of the national economy, according to the president of the Cyprus Shipping Chamber (CSC) Andreas Neophytou. Neophytou’s comments were delivered during a reception hosted by the chamber on Sunday, ahead of the Maritime Cyprus 2025 international conference. An announcement from the chamber […]

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Cyprus to help shape Europe’s maritime and tourism future, says EU commissioner

Cyprus to help shape Europe’s maritime and tourism future, says EU commissioner

Cyprus is set to take centre stage in shaping Europe’s future transport, shipping and tourism policies during its upcoming Presidency of the Council of the European Union, according to European Commissioner for Sustainable Transport and Tourism Apostolos Tzitzikostas. Addressing the Maritime Cyprus 2025 conference in Limassol, he said the Cypriot Presidency “will be decisive for Europe and for transport policy,” noting that as […]

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Cambodia to emerge as a popular tourist destination for Middle Eastern travellers with a new direct flight from Abu Dhabi

Cambodia to emerge as a popular tourist destination for Middle Eastern travellers with a new direct flight from Abu Dhabi

Cambodia is set to strengthen its position as an emerging and attractive tourist destination for travellers from the Middle East with the launch of the first direct flight between Abu Dhabi, the capital of the United Arab Emirates (UAE), and Phnom Penh. An inauguration ceremony marked the milestone, presided over by Huot Hak, Minister of […]

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Cyprus’ 2026 budget shows resilience

Cyprus’ 2026 budget shows resilience

The Cypriot state budget for 2026 is a growth budget and continues to maintain the resilience of the economy, Finance Minister Makis Keravnos said on Thursday as he presented the budget to the speaker of the House of Representatives, Annita Demetriou. The House speaker noted the importance of the budget having surplus and growth, and […]

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First direct flight of Etihad Airways from Abu Dhabi, United Arab Emirates, successfully lands at Techo International Airport

First direct flight of Etihad Airways from Abu Dhabi, United Arab Emirates, successfully lands at Techo International Airport

At approximately 7 am on October 4, 2025, the first direct flight of Etihad Airways (EY), carrying passengers from Abu Dhabi (AUH), United Arab Emirates, successfully landed at Techo International Airport, marking the start of flight operations connecting Cambodia to the world. The welcoming ceremony for the arrival of Etihad Airways passengers and flights was […]

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Cyprus Integrity Forum and Cyprus Compliance Association sign MoU

Cyprus Integrity Forum and Cyprus Compliance Association sign MoU

The Cyprus Compliance Association (CCA) and the Cyprus Integrity Forum (CIF) have signed a Memorandum of Understanding aimed at promoting transparency, ethics and integrity in the Cyprus market, through the exchange of views, joint initiatives and educational activities. The Memorandum was signed by Andrea Moundi Savvides, Chairperson of CCA, and Elena Tanou, Vice President of CIF. With […]

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The competitive market and the benefits for consumers and businesses as a new era in Cyprus’ electricity sector begins

The competitive market and the benefits for consumers and businesses as a new era in Cyprus’ electricity sector begins

The energy market in Cyprus entered a new era on 1 October, with the start of the commercial operation of the Competitive Electricity Market (CEM), in which, at the initial stage, 17 participants have joined. This is essentially the first step towards healthy competition in the energy market, since through the operation of the CEM, it is […]

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International tourists to Cambodia’s renowned Angkor exceed 700,000 in the first 9 months of 2025

International tourists to Cambodia’s renowned Angkor exceed 700,000 in the first 9 months of 2025

Cambodia’s famed Angkor Archaeological Park received a total of 705,269 international visitors in the first nine months of 2025, a slight increase of 0.77 percent compared to the same period last year, said a news release on Wednesday. The ancient site made $32.7 million in revenue from ticket sales during the January-September period this year, […]

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