WEDNESDAY, 30 NOV 2022

 

CONNECT

Facebook Linked In Twitter
IMH LTD

Kokkinos: Cyprus Ranks 10th In The EU As An Innovative Economy

European Commission Agreement To Mobilise €500 Mln For Social Investments

IMH LTD

HOTEL, TOURISM & LEISURE

Pilides: Government Will Continue To Support Efforts For Cyprus To Become An Attractive Tourist Destination

Pilides: Government Will Continue To Support Efforts For Cyprus To Become An Attractive Tourist Destination

Minister of Energy, Commerce and Industry Natasa Pilides said Thursday that the government will continue to support Famagusta Chamber of Commerce and Industry in its efforts for Cyprus to become an attractive and competitive destination for tourism, investment and the development of innovative business activities.

Addressing the annual assembly of the Chamber the Minister spoke of the government’s vision to redefine Cyprus’ economic model and to turn the economy into a green, circular, digital and competitive one.

Pilides said that supporting entrepreneurship is a high priority and the efforts continue for the businesses to become strong and resilient.

She also spoke of the increased budget of the Ministry of 40.5% compared to 2022, which includes projects for institutional reforms and modernization of infrastructure.

She added that in total the Ministry of Energy has secured from the EU more than €580 million for the period 2021-2027, which are granted as incentives to households to invest in green energy and to businesses to modernize.

Projects for the period 2021-2022 exceed 330 mln euro, she said, adding that for 2023 the plans amount to 210 million and will aim to support businesses. Pilides also referred to the promotion of halloumi and the exports of Cyprus products.

She described tourism industry as the driving force of development for the Famagusta region adding that the national tourism strategy implements various actions.

Source: CNA

MORE ON HOTEL, TOURISM & LEISURE

Ryanair Announces $400m Investment In Cyprus

Ryanair announced its biggest ever Cyprus schedule with 41 routes for summer ‘23, ...

Pilides: Government Will Continue To Support Efforts For Cyprus To Become An Attractive Tourist Destination

Minister of Energy, Commerce and Industry Natasa Pilides said Thursday that the ...

Air Traffic To Exceed 9 Million Passengers In 2022, Hermes Chief Says

Air traffic in Cyprus will exceed 9 million passengers this year, despite the disruption ...

FROM AROUND GOLDNEWS

   

Grand Opening Of Simplex LCA1, Cyprus’ Largest Data Center

Data centers are the foundations of the digital economy and as evidently demonstrated during the COVID-19 pandemic, critical infrastructure for the global ...
   

Defence Minister Discusses Bilateral Relations, E. Med And Turkish Provocations During Official Serbia Visit

Cyprus’ Defence Minister, Charalambos Petrides was on an official visit to Serbia on Tuesday during which he discussed with his Serbian counterpart, ...
   

AWS Helps Ukraine Safeguard Its Future

On Tuesday, November 29, at the AWS re:Invest 2022 in Las Vegas, the Ukraine Deputy Prime Minister and Minister for Digital Transformation Mykahilo Federov and ...
   

AWS re:Invent 2022 Opens Its Doors

On Monday, November 29, the AWS re:Invent 2022 opened its doors to the global cloud community to celebrate its successes over the year, showcase the power of ...
   

Cyprus Is Dealing With The Economic Crisis With Specific Investment Policies And Programmes, Finance Minister Says

Cyprus is dealing with the economic crisis with specific investment policies and programmes, bringing growth to 6%, and increasing the fiscal reserve to ...
   

Alphamega Hypermarkets Holds Big Christmas Tree Lightning Celebration

Alphamega Hypermarkets has officially started counting down to the most wonderful time of the year. Five Alphamega stores held simultaneous Christmas tree ...
   

3rd Annual Corporate Blood Donation Limassol Success

On the 2nd and 3rd of November 2022 with the initiative of the company Royal Pine, the 3rd Annual Corporate Blood Donation Limassol took place.
   

Kokkinos: Cyprus Ranks 10th In The EU As An Innovative Economy

Cyprus, as an innovative economy, based on European indicators, currently ranks 10th, compared with 22nd until five years ago, when it did not have the ...
 

YOUR COMMENTS

HEADLINES

MOST POPULAR

gold november magazine
imarcomms november

IMH LTD