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May 6, 2025

University of Cyprus Generates £1.186 Billion in Economic Output in 2024

Nicosia: The University of Cyprus (UCY) contributed £1.186 billion to the country’s total economic output in 2024, £574 million to GDP, and supported 12,381 jobs directly or indirectly linked to its operations, according to two studies presented on Tuesday. The studies, titled ‘Economic and Social Impact of the University of

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Intellectual Property as Catalyst for Innovation, Says Energy Minister

Limassol: Intellectual property (IP) is crucial for sustaining innovation, as emphasized by the Minister of Energy, Commerce and Industry, George Papanastasiou. He highlighted that Cyprus recognizes the importance of innovation and IP, having made significant advancements in recent years to enhance transparency and align with EU best practices. According to

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