resilience

Bank of Cyprus marks 125th anniversary

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Bank of Cyprus marks 125th anniversary

The Bank of Cyprus celebrated its 125th anniversary, with the group chairman highlighting the bank’s resilience and commitment to innovation. The CEO emphasized the bank’s significant impact on Cyprus’ modern history and economic development. President Christodoulides urged the bank to continue supporting those in need and work closely with the government to achieve shared goals. The event marked the start of the celebrations for the bank’s anniversary, with leading politicians and businesspeople in attendance.

Artificial nests placed to promote pest control

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Artificial nests placed to promote pest control

Bioland Energy Group has placed 34 artificial nests for barn owls in various locations across Cyprus to promote sustainable pest control.

Cyprus real estate sector steaming ahead

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Cyprus real estate sector steaming ahead

The Cyprus real estate market had a strong performance in 2023, with 25,400 transactions worth €5.6 billion. Residential transactions were the main driver, representing 61% of the total market value. Limassol led in district-level performance, while Larnaca saw a remarkable 28% increase in sales value. Industry professionals expect minimal changes in the real estate landscape in 2024, with apartments remaining the preferred investment choice. George Martides from Deloitte Cyprus emphasized the sector’s resilience and the need to address future challenges such as sustainable development and affordable housing through collaboration between the public and private sectors.

Cyprus has the position to become technology hub, DepMin said

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Cyprus has the position to become technology hub, DepMin said

Cyprus is positioned to become a regional center for technology and innovation, with Deputy Minister of Research, Innovation and Digital Policy, Nikodemos Damianou stating this at the 14th Nicosia Economic Congress. Damianou revealed an ambitious plan for Cyprus to be the first country fully covered by a high-speed fiber optic network. Additionally, a substantial 23% of the funds from the Resilience and Recovery Plan were allocated to technological upgrading.

2023 record year for property sales in Cyprus

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2023 record year for property sales in Cyprus

Limassol dominated the real estate market in 2023, accounting for 41% of total sales value across the country. Larnaca showed a remarkable increase in sales value, surpassing 2022 by 28%. The market for luxury apartments in high-rise developments is expected to decline.

Navigating the cosmic challenge of April 2024

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Navigating the cosmic challenge of April 2024

The fact described in the text is that Mercury Retrograde has been seen as a cause of misfortunes, but it has also led to lessons in humility and patience for the author.

Farah Nabulsi: Cinema holds a powerful role in addressing oppressions

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Farah Nabulsi: Cinema holds a powerful role in addressing oppressions

Farah Nabulsi started her career as an institutional equity stockbroker but transitioned to filmmaking in her late 30s after visiting Palestine. She founded Native Liberty Productions to highlight injustices faced by Palestinians. Her work, including the short film “The Present,” has received international acclaim. Nabulsi’s latest film, “The Teacher,” will be screened at the Cyprus Film Days International Festival. She believes cinema plays a crucial role in addressing oppressive realities and hopes to contribute to a narrative that inspires change.

Ninety-three new projects to beat water shortage

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Ninety-three new projects to beat water shortage

A new desalination unit is being built in Moni in Limassol.

Mountaineers seek Guinness World glory with highest fitness session

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Mountaineers seek Guinness World glory with highest fitness session

A team from Cyprus is planning to scale Mera Peak in Nepal and set a Guinness World Record for the highest fitness session ever conducted. Led by Alexis Economides, the team aims to honor a lost friend and face extreme conditions, including low temperatures and oxygen levels. The fitness session must last at least 30 minutes and include squats, planks, and push-ups. The team is sponsored by several companies and remains determined to achieve their goal.

Creative children, ’s workshop at museum coming up in English

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Creative children, ’s workshop at museum coming up in English

Fact: Philosophy for Children trained educators Marina and Rebecca Katsaris will lead a workshop on April 13 at AG Leventis Gallery in Nicosia, focusing on helping children cultivate resilience and emotional flexibility through creative exploration of philosophical concepts.