Energy Minister George Papanastasiou on Thursday floated the idea of importing natural gas quantities from reservoirs in Cyprus’ exclusive economic zone, to be used for power generation, coupled with exports of liquefied natural gas (LNG) via a small terminal on the island.

Cyprus’ economy will grow by 2.5 per cent this year as both inflation and unemployment recede, according to the latest forecast from the International Monetary Fund.

The American University of Beirut (AUB) will admit its first students in September with the opening of a campus in Paphos, the finance ministry announced on Tuesday.

In simple terms, unconscious bias means that as an employer you favour one segment of workers over another. The favouritism is considered subtle, as the person exhibiting the prejudice is often unaware the discrimination exists. On the other hand, conscious bias suggests the hiring manager or employer are aware of their deliberate prejudices and overtly hurt another person or a group of people. Regardless of whether it is conscious or unconscious bias, either can have a negative effect on workplace environments. Unconscious racism, ageism, and sexism play a big role in who gets hired. A lot of studies show that many hiring processes are biased and unfair. Left unchecked, these biases can also shape a company or industry’s culture and norms. A simple example would be, if we don’t see male kindergarten teachers or female engineers, we don’t naturally associate men and women with those jobs, and we apply different standards when hiring, promoting, and evaluating job performance.

Energy Minister George Papanastasiou discussed ways of strengthening cooperation between Cyprus and Egypt in the fields of electricity, renewable energy, and natural gas, during a meeting with his Egyptian counterpart Mohamed Shaker El-Markabi.

ECB executive committee member and chief economist Philip Lane met with Central Bank of Cyprus (CBC) governor Constantinos Herodotou on Wednesday, after being invited by the latter to the island for a two-day visit.

Over €22 million will be allocated to the wine sector by the end of 2027, Agriculture Minister Petros Xenophontos has announced.

The trilateral meeting between Cyprus, Greece and Israel concluded on Friday, with Foreign Minister Constantinos Kombos and his Greek and Israeli counterparts Nikos Dendias and Eli Cohen invoking the importance of trilateral cooperation in energy matters.

Our latest podcast episode shines a spotlight on Action Global Communications in an engaging, entertaining and sentimental chat with CEO, Chris Christodoulou. Join us on a journey through the company’s history, the sector’s evolution and the role of family in all things #DestinationCyprus.

The new online tax payment system Tax For All has gone live, replacing the old Taxisnet system.