NICOSIA: The “Electra” gas field in Block 5 of Cyprus’ Exclusive Economic Zone (EEZ) holds significant potential, according to energy expert Dr. Charles Ellinas. He advises patience as Exxon Mobil, the company licensed to explore the block, is unlikely to commence liquefied natural gas (LNG) exports from Cyprus before the
KOS: The Global Network of Environmental Science and Technology, in collaboration with the Open University of Cyprus, the University of the Aegean, and the University of Salerno, will host the 19th International Conference on Environmental Science and Technology. Scheduled to take place on the island of Kos from September 3
NICOSIA: Inflation in Cyprus for 2024 was reported at 1.8%, marking a year-on-year rise in the Consumer Price Index (CPI), as detailed by the Statistical Service. The CPI for December 2024 saw a slight increase, reaching 118.31 points compared to 118.21 points in November, with a December inflation rate of
NICOSIA: Sir Stelios Haji-Ioannou, the founder and president of the Stelios Philanthropic Foundation, has announced an increased prize fund for the Stelios Bi-Communal Business Cooperation Awards. This year, the awards will distribute a total of £410,000 to support 20 entrepreneurs from both the Greek Cypriot and Turkish Cypriot communities. According
NICOSIA: The Cyprus Department of Meteorology has forecasted favorable weather conditions for the sea area surrounding Cyprus for the period from 12:00 on January 2, 2025, until 12:00 on January 3, 2025. With high atmospheric pressure at 1030 hPa influencing the area, the outlook is predominantly positive, promising mainly fine
NICOSIA: Retail trade in November 2024 saw notable growth, with a 7.2% increase in value and a 6.3% rise in volume compared to the same month in the previous year. This information was released by the Statistical Service, reflecting positive trends in various retail sectors. According to Cyprus News Agency,