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More than , €8bn of ‘major developments’ planned in Cyprus

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More than , €8bn of ‘major developments’ planned in Cyprus

More than €8 billion of major developments have been planned in Cyprus, with 18 to 20 projects expected to create between 8,000 and 9,000 jobs. The developments will include new marinas, golf courses, technology parks, tourist complexes, medical centers, and other projects. The chairman of the Association of Large Investment Projects stated that his views are aligned with President Nikos Christodoulides and they aim to attract foreign investments and promote the implementation of major development projects. Incentives will be provided to encourage foreign companies to partner with Cypriot companies, and efforts will be made to clean up Cyprus’ name and improve the country’s image in the eyes of investors.

Turkey gains new wave of female mayors after opposition, ’s poll success

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Turkey gains new wave of female mayors after opposition, ’s poll success

Gulistan Sonuk, 31, won the election in Turkey’s conservative heartland, becoming one of 11 female mayors in the country.

Cyprus tourism revenue falls in January 2024 , — per capita spending rises

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Cyprus tourism revenue falls in January 2024 , — per capita spending rises

Cyprus’ tourism revenue in January 2024 was €45.2 million, a slight decrease from €45.6 million in January 2023.

Eating chocolate really might be good for you

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Eating chocolate really might be good for you

Chocolate, specifically cacao, contains compounds that can have medicinal effects on the body, such as improving heart health and mood. Consuming dark chocolate with high cocoa solid content may provide health benefits, but it is important to be cautious with chocolate consumption in pets and for individuals prone to kidney stones.

FSRU Prometheus final certification expected in May

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FSRU Prometheus final certification expected in May

The Minister of Energy announced that the Floating Storage and Regasification Unit (FSRU) Prometheus is ready for final certification and will be officially handed over to the Republic of Cyprus by the Chinese company CPP in May.

Cypriot national jailed in Singapore in $2.2 billion money laundering case

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Cypriot national jailed in Singapore in $2.2 billion money laundering case

A Singapore court jailed a defendant named Su Haijin for resisting arrest and money laundering charges, sentencing him to 14 months in prison. The case is part of a major money laundering probe that has resulted in the seizure or freezing of .2 billion of assets, including cars, luxury properties, cash, and jewellery. Su, a Cypriot national, was one of 10 foreigners arrested in Singapore last year. The investigation has led to the establishment of an inter-ministerial panel to review anti-money laundering measures and inspect financial institutions suspected of involvement.

What, ’s on this weekend

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What, ’s on this weekend

Fact: Several bazaars and second-hand markets are happening in Nicosia this weekend, including the Second-hand Clothing Bazaar at Prozak’s Common Room and The Second Life Wardrobe Gala at Yfantourgeio.

Demetris Skourides: Chief Scientist for Research, Innovation and Technology

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Demetris Skourides: Chief Scientist for Research, Innovation and Technology

Cyprus is leveraging AI and machine learning technologies to promote innovation within startups and established industries.