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Nouman Ali

European Commission Emphasizes Strategic Importance of GSI for EU

Brussels: The European Commission on Tuesday highlighted the strategic significance of the Great Sea Interconnector (GSI) project, a common European interest initiative aimed at linking the electricity networks of Greece and Cyprus through an undersea cable. The project has been deemed crucial for enhancing energy policy and infrastructure within the

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Trade Unions Announce General Strike Over Cost of Living Dispute

Nicosia: Trade unions have announced a general strike set for September 11 after negotiations over the Cost of Living Allowance (CoLA) reached an impasse. The decision was made during an all-union meeting on Monday, where it was agreed to initiate a three-hour work stoppage from 11 a.m. to 2 p.m.

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Seasonally Adjusted GDP Growth Rate at 3.3% in Q2, 2025

Nicosia: The GDP growth rate in real terms (seasonally adjusted) during the second quarter of 2025 is positive and it is estimated at 3.3% over the corresponding quarter of 2024, according to data published on Monday by the Statistical Service. According to Cyprus News Agency, the positive growth rate is

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Larnaka District to Establish Technical School for Green Jobs in Aradippou

Nicosia: The town of Aradippou is set to welcome a new technical school focused on green jobs, a significant initiative aimed at enhancing vocational training for young individuals in sustainable development sectors. This development was announced by the Directorate of General Growth of the Ministry of Finance. According to Cyprus

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Seasonally Adjusted Unemployment in Cyprus Rises to 5% in July

Nicosia: Unemployment in Cyprus stood at 5%, according to seasonally adjusted data from Eurostat published on Monday. The unemployment rate in Cyprus increased compared with the previous July, when it stood at 4.7%. The rate corresponds to 27,000 unemployed persons, according to Eurostat figures. According to Cyprus News Agency, among

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