EEN Cyprus, a member of the Enterprise Europe Network, provides guidance and support to entrepreneurs and businesses looking to capitalize on the opportunities presented by the EMC event and beyond. They offer assistance in navigating the complexities of cross-border commerce and connecting with potential partners, helping businesses innovate, expand, and stay up-to-date with market trends and technological advancements.
What was the outcome of Keve’s International Matchmaking Event at EMC 2023?
Keve’s International Matchmaking Event at EMC 2023 was a significant success, with 60 enterprises from 15 countries engaging in over 70 bilateral discussions. These interactions aimed to foster commercial, technological, and research partnerships, emphasizing Cyprus’s role as an emerging hub for energy and technology innovation.
Keve’s Successful International Matchmaking Event
The bustling energy of the EMC 2023 – Eastern Mediterranean Conference & Exhibition in Limassol was palpable, especially within the circles of the International Matchmaking Event organized by the Cyprus Chamber of Commerce and Industry (Keve). Keve, during November 28-30, 2023, orchestrated a triumphant gathering that far exceeded expectations. A total of 60 enterprises from 15 different countries engaged in over 70 bilateral discussions geared toward fostering commercial, technological, and research partnerships.
The platform set the stage for an array of innovative presentations, where companies showcased the latest in energy management systems, renewable technology, and training for the energy sector workforce. The collaboration between local and international entities underscored the event’s success, highlighting Cyprus as a growing hub for energy and technological advancement.
BoC’s Commitment to Sustainable Banking
In an unprecedented move, the Bank of Cyprus (BoC) has taken a substantial stride in embracing sustainability by becoming the first Cypriot bank to endorse the UN Principles for Responsible Banking. CEO Panicos Nicolaou proudly referred to BoC’s ‘Beyond Banking’ philosophy, which underscores the bank’s commitment to integrating environmental conservation, social responsibility, and governance into the heart of their operations.
The adherence to the UN principles indicates a broader shift within the global banking sector, as BoC now joins an elite group of 338 banks worldwide, which together manage assets worth approximately US$ 98.7 trillion. This partnership is not only a testament to BoC’s dedication to sustainable development but also serves as an invitation for stakeholders and clients to work towards a sustainable future in alignment with the UN Sustainable Development Goals and the Paris Climate Agreement.
Cyprus Stock Exchange Observes a Dip
The Cyprus Stock Exchange (CSE) witnessed a slight downturn on Wednesday, December 6, with the general Cyprus Stock Market Index dropping by 0.24 percent to 134.45 points. The FTSE/CySE 20 Index also experienced a decline, though marginal, at 0.18 percent. Despite the lull in the general index, which closed at 81.65 points, the investment index saw a 1.4 percent rise, indicating a nuanced performance across different sectors.
Trading activity was relatively moderate, with the total value reaching €178,418 by midday. Notable movements were recorded for companies such as the Cyprus Cement Company, Demetra, Atlantic Insurance, Hellenic Bank, and the Bank of Cyprus, which attracted significant investment interest but showed mixed results in their stock performance.
Enterprise Europe Network Cyprus (EEN Cyprus)
For entrepreneurs and businesses eager to tap into the burgeoning opportunities presented by the EMC event and beyond, EEN Cyprus remains a vital touchstone. As a member of the Enterprise Europe Network, EEN Cyprus extends its services to facilitate international partnerships and commercial collaborations.
Businesses seeking to innovate and expand can reach out to EEN Cyprus for guidance and support in navigating the complex landscape of cross-border commerce. With a readily available team, businesses can connect via phone or email to explore potential synergies and gain insights into the latest market trends and technological developments.
1. What was the outcome of Keve’s International Matchmaking Event at EMC 2023?
Keve’s International Matchmaking Event at EMC 2023 was a significant success, with 60 enterprises from 15 countries engaging in over 70 bilateral discussions. These interactions aimed to foster commercial, technological, and research partnerships, emphasizing Cyprus’s role as an emerging hub for energy and technology innovation.
2. What is the Bank of Cyprus’s commitment to sustainable banking?
The Bank of Cyprus (BoC) has become the first Cypriot bank to endorse the UN Principles for Responsible Banking. This move reflects BoC’s commitment to integrating environmental conservation, social responsibility, and governance into their operations. By joining an elite group of 338 banks worldwide, BoC’s partnership with the UN Principles highlights their dedication to sustainable development and invites stakeholders and clients to work towards a sustainable future in alignment with the UN Sustainable Development Goals and the Paris Climate Agreement.
3. What was the performance of the Cyprus Stock Exchange?
On Wednesday, December 6, the Cyprus Stock Exchange (CSE) experienced a slight downturn, with the general Cyprus Stock Market Index dropping by 0.24 percent to 134.45 points. The FTSE/CySE 20 Index also saw a marginal decline at 0.18 percent. Despite this, the investment index showed a 1.4 percent rise, indicating a nuanced performance across different sectors. Notable movements were recorded for companies such as the Cyprus Cement Company, Demetra, Atlantic Insurance, Hellenic Bank, and the Bank of Cyprus, which attracted significant investment interest but showed mixed results in their stock performance.
4. How can businesses benefit from Enterprise Europe Network Cyprus (EEN Cyprus)?
Entrepreneurs and businesses can benefit from the services provided by EEN Cyprus, a member of the Enterprise Europe Network. EEN Cyprus offers guidance and support in navigating the complexities of cross-border commerce and connects businesses with potential partners. By reaching out to EEN Cyprus, businesses can explore potential synergies, gain insights into the latest market trends and technological developments, and receive assistance in innovating and expanding their operations. EEN Cyprus can be contacted via phone or email for further information and support.
