Efforts are underway to develop Cyprus’ natural gas as there is interest from both the EU and the private sector, Energy Minister Natasa Pilides said on Monday.

As of last month, 1,343 new electric vehicles (EV) have been registered in Cyprus, surpassing the year’s goal by 144%, the transport ministry said.

Paphos will be a green gem as the island’s largest urban park, and one of the richest for plants and infrastructure will open its gates to the public in the coming weeks, said Mayor Phedon Phedonos.

Cyprus Ministry of Defence has secured, through EU structural funds and in particular the Thalia Programme, €19 million to fund the installation of photovoltaic systems in National Guard camps, as part of its environmental and energy policy, pointing out that it is one of the largest and most energy-intensive organizations on the island.

President Anastasiades welcomed today, at the Presidential Palace, the President of the European Parliament Roberta Metsola, who is paying an official visit to Cyprus.

Skroutz is once again expanding abroad. The largest marketplace in Greece is now shipping orders to Cyprus as well. In fact, the management’s intentions, albeit in the long term, are to expand to more countries, so that the marketplace acquires a broad international character and – if anything – turn into the “Greek Amazon.”

Non-profit organisation supporting the commercialisation of innovative scientific research from Cypriot academic institutions, Cyprus Seeds has been named as the national winner of the 2022 European Enterprise Promotion Awards (EEPA 2022), in Category 2 – Investing in Entrepreneurial Skills, and will compete against other similar initiatives in Europe.

Gear Education, a new boutique firm specialising in education technology services, earlier this month became Cyprus’ first and only Google for Education partner.

Loan takers will be paying higher installments as of September 14 following Thursday’s decision by the European Central Bank to raise its key interest rates by an unprecedented 75 basis points.

In August 2022, air traffic in Cyprus decreased by 13% compared to August 2019, data released by Eurostat on Friday show.