The corporate loan market in Cyprus is expected to see a resurgence with the forecasted interest rate cut, potentially boosting loan applications despite existing challenges. Bankers are prepared to adapt and provide support to businesses amidst geopolitical tensions and economic uncertainties, positioning themselves to navigate through the evolving market dynamics.
The Cyprus Chamber of Commerce & Industry celebrates its 97th anniversary, showcasing its pivotal role in shaping Cyprus’s economic landscape through institutional reforms and infrastructure projects like the Cyprus Stock Exchange and industrial zones. Keve’s enduring influence as the government’s primary economic advisor highlights its commitment to fostering a resilient economy and societal wellbeing for the people of Cyprus.
InvasiCell, a cuttingedge medical technology developed by Adonis Hadjigeorgiou and team at the University of Cyprus, has wowed attendees at the Tahko Ski Lift Pitch event in Finland. This innovative device replicates the complex environment of tumors, allowing for groundbreaking insights into cancer cell behavior and drug efficacy, revolutionizing cancer research and treatment.
Humanitarian aid to Gaza persists with the Amalthea plan, gathering supplies despite challenges. Key efforts include international funding and World Central Kitchen’s commitment to feed those in crisis. Cyprus serves as a strategic hub for aid delivery amid regional turmoil, aiming to alleviate the humanitarian crisis in Gaza.
Residents of Limassol can nominate themselves for community council positions by visiting designated centers in their villages from 8:30 am to 12:30 pm. Various locations like district offices and cultural centers across Limassol district are accepting submissions for the 86 council positions, allowing citizens to actively engage in the democratic process.
The week’s weather forecast promises a dynamic mix of sun, dust, and showers, showcasing the Mediterranean climate’s unpredictability. From sunny skies to potential afternoon showers near mountains, temperatures ranging from 33°C inland to 22°C at higher elevations, and winds up to 4 Beaufort, it’s a week of varied weather patterns that keep us on our toes. Nighttime brings clearer skies with a chance of showers along the north coast, with temperatures cooling down to 15°C inland and warmer conditions persisting on the coasts, all amidst light winds and a sea that shifts from calm to slightly rough, creating a serene backdrop for nocturnal activities.
Cyprus has deported 181 migrants back to their home countries in a bid to tackle illegal immigration, with a total of 3,763 people repatriated this year alone. This operation reflects a broader policy shift aimed at managing migration flows and upholding immigration laws within the country’s borders.
Gang violence in Nicosia, Cyprus, has escalated due to organized crime growth, with incidents like the public shooting in Lakatamia suburb highlighting the issue. Authorities are responding with increased surveillance, community programs, and international law enforcement collaboration to address the immediate crimes and underlying causes.
Negotiations over the Cyprus problem are at a standstill, with conflicting reports and no formal invitations for dialogue. Turkish Cypriot authorities deny rejecting talks and emphasize their commitment to peace, while UN efforts focus on exploring a twostate solution supported by the northern authorities.
Toula Liasi’s exhibition ‘Synchronising History’ delves into the memories of enclaved individuals post1974 Cyprus division, using family possessions as artifacts to narrate silent stories through multimedia artworks in Larnaca. This poignant reflection not only preserves the legacy of Karpasia’s people but also sheds light on their struggles and resilience amidst political conflict, offering a glimpse into the entanglement of art with personal and collective history.
