The European Commission has initiated a two-year project aimed at bolstering private sector development within the Turkish-Cypriot community.
CYPRUS
Prime Minister Kyriakos Mitsotakis emphasized the importance of addressing the crisis in the Middle East during his participation in the Special European Council taking place in Brussels from Wednesday to Thursday.
Betting activity revenues in the Republic of Cyprus recorded an upward trend for another quarter.
The Cypriot Ministry of Finance stated on Monday that there are currently no risks to the Cypriot economy from regional developments.
A study on the level of chargeable income tax is in progress, as part of the tax reform in Cyprus, President Nikos Christodoulides said on Thursday.
The Fredriksen Group is contemplating moving a significant portion, if not all, of its shipping operations from Norway to Cyprus.
A new dawn breaks in Cypriot banking with the appointment of Christodoulos Patsalides as the Central Bank of Cyprus’ new governor.
Aid shipments to Gaza are expected to resume soon from Cyprus, officials said on Wednesday, after the project was brought to a halt last week following Israel’s killing of seven aid workers.
The electrical interconnection of the Great Sea Interconnector between the Greek, Cypriot and Israeli power grids is the only way to sustainably develop renewable energy sources and achieve the high European goals while ensuring prices much lower than the current levels.
Real estate transactions hit an all-time high in Cyprus last year, Deloitte has said in a report, noting that interest was focused on the residential market and on the seaside city of Limassol.
The Cyprus-Greece maritime passenger connection will run for a third consecutive year.
The management of the Greek Independent Power Transmission Operator (ADMIE) will visit Cyprus on Tuesday for contacts with Cypriot and Israeli authorities over the electricity interconnection between Cyprus, Greece and Israel, called the “Great Sea Interconnector.”
Cyprus president and Lebanese caretaker premier urge EU financial aid to curb migration from Lebanon
The Lebanese caretaker prime minister and the Cypriot president are calling on the European Union to provide financial support to help cash-strapped Lebanon stop migrants from reaching European shores.
Career banker Christodoulos Patsalides was appointed governor of the Central Bank of Cyprus on Monday for a five-year term, the island’s presidency said.
Leading Cyprus group Thanos Hotels & Resorts announced on Wednesday it is entering the Greek luxury hospitality market with a three-year investment plan aimed at opening 10 new hotels.
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