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Head of EIB Pledges Continuous Support to Cyprus Amid Climate Challenges

Limassol: Head of European Investment Bank (EIB) Nadia Calvi±o emphasized the bank’s ongoing commitment to supporting Cyprus, highlighting the island’s vulnerability to climate change, particularly in terms of water resources. During her visit to the EIB-financed West Limassol Wastewater Treatment Plant, Calvi±o remarked on Cyprus’s efforts to adapt to climate

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ERATOSTHENES CoE Unveils AI-OBSERVER Project Enhancing Earth Observation for Disaster Reduction

Limassol: The ERATOSTHENES Centre of Excellence has announced the completion of the AI-OBSERVER project, which employs Artificial Intelligence to improve Earth Observation capabilities for Disaster Risk Reduction. According to Cyprus News Agency, funded under the Horizon Europe Twinning programme, the project was realized through a strategic partnership involving the German

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Allocating Funds to GSI Poses a Risk, Finance Minister Says

Nicosia: Cyprus Finance Minister, Makis Keravnos, warned on Monday of a risk that will be taken if funds for the electricity interconnection project Great Sea Interconnector are allocated, adding that studies indicate that the project is not viable. According to Cyprus News Agency, Keravnos made these remarks following a Council

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Revenue from Tourism Increases by 17.4% in First Seven Months of 2025

Nicosia: Revenue from tourism is estimated at £1,891.1 million for the period of January to July 2025, compared to £1,610.4 million in the corresponding period of 2024, recording an increase of 17.4%. According to Cyprus News Agency, the results of the Passengers Survey conducted by the Statistical Service revealed that

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Cypriot Minister Highlights Competitiveness Fund Significance During Meeting in Brussels

Brussels: The Minister of Energy, Commerce, and Industry, Giorgos Papanastasiou, participated in the European Union’s Competitiveness Council (Internal Market and Industry configuration) on Monday in Brussels, during which he stressed that the European Competitiveness Fund should provide clarity, speed, and reliability for businesses and industries. According to Cyprus News Agency,

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