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energy costs electricity rates

Stabilizing Energy Costs: No Increase in Electricity Rates for Cyprus

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In a move benefiting households and businesses in Cyprus, the energy regulator has decided to keep electricity rates stable for 2024, providing financial relief amidst economic challenges. The decision to maintain the same regulated tariffs set for 2023 will offer predictability and stability to consumers, following political pressure on the Electricity Authority of Cyprus to absorb additional costs and invest in energy infrastructure for the island nation’s energy security.

orthopedic conditions philanthropy

Shriner’s Team in Cyprus to Perform Child Operations

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Shriners Children’s team is in Cyprus to perform lifechanging surgeries for children with orthopedic conditions, offering expert medical care regardless of financial capabilities in partnership with local hospitals and foundations. This initiative brings hope and healing to children in need, showcasing the power of international collaboration in healthcare and the impact of philanthropy on transforming lives.

government diplomacy

One Year in Office: Bettering People’s Daily Lives

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President Nikos Christodoulides has made significant strides in his first year as president, implementing measures to enhance social policies, advance green transitions, and improve housing for refugees. His administration has also achieved economic successes, securing a financial surplus and EU recovery funds, while actively addressing the Cyprus problem and diplomatic relations.

economy tourism

Economic Trends: A Close-Up on Cyprus’ Industries

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In 2023, Cyprus saw a notable 16.4% growth in the accommodation and food services sector, while professional, scientific, and technical activities experienced a 1.7% decline. Overall, the economy displayed a positive trend with diverse sectoral growth, showcasing the resilience of different industries in the face of changing global conditions.

charity gala philanthropy

Cyprus-France Business Association hosts charity gala

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The CyprusFrance Business Association is hosting a Charity Gala Dinner on April 5, 2024, at the Four Seasons Hotel in Limassol to support the Toxotis Foundation, aiding individuals with mental disabilities. Join this elegant evening to contribute to Toxotis’s mission of fostering independence and societal inclusion, showcasing corporate social responsibility in the community.

communications advertising

Action Team Triumphs at Cannes Young Lions Cyprus

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In an impressive showing at the Cannes Young Lions Cyprus 2024, Action Global Communications secured four out of eight awards, with “Birdify” and “Empowering Mind, Embracing Difference” winning first place in PR and Design. Their success highlights their dedication to fostering young talent in advertising and communications, propelling them to compete at the global Young Lions competition in Cannes this June.

cyprus conflict international embargoes

Eroglu: North must ‘embrace reality’

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Former Turkish Cypriot Leader Dervish Eroglu urges the north of Cyprus to confront the truth: Greek Cypriots reject key Turkish Cypriot demands. Eroglu calls for recognizing the Turkish Republic of Northern Cyprus and denounces international embargoes hindering progress in resolving the Cyprus conflict.

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