maritime industry

economy construction

Cyprus Business Now: A Spotlight on Economic Movements

The ECB rate cut is expected to boost Cyprus’s economy by lowering borrowing costs, encouraging investment, and stimulating economic growth. Additionally, the construction sector shows promising signs of growth, with an increase in building permits and a surge in civil engineering projects, reflecting diversified economic expansion and potential investment opportunities.

maritime industry boat show

Limassol Boat Show: A Beacon for Maritime Enthusiasts

The Limassol Boat Show at Limassol Marina is a top maritime event showcasing luxury boats, technology, water sports, and more, including the Eastern Mediterranean premiere of a Lamborghini boat and international exhibitors. With free entry to most areas and a focus on innovation and education, this show is a mustvisit for maritime enthusiasts and industry professionals looking to network and stay updated on the latest trends.

maritime industry digital transformation

Stepping into the Future: MDigi-I Project

The MDigiI Project by the Cyprus University of Technology, funded with €2.8 million, aims to revolutionize the maritime industry through digital innovation. Starting in January 2024, it will develop cuttingedge technologies to enhance safety, efficiency, and sustainability in shipping, creating a national research infrastructure for Cyprus.

gender equality maritime industry

Cyprus Business Now: Strides in Gender Equality and Capital Market Education

DP World Limassol leads the way in gender equality in the maritime industry, with initiatives to increase women’s representation. The Cyprus Stock Exchange hosts educational seminars on capital raising mechanisms, while Paphos hoteliers face challenges with low reservation numbers. Larnaca emerges as a hotspot for real estate investment, and Eurobank’s financial success in Cyprus sets the stage for future growth.

Scroll to Top