Reducing costs of heating buildings due to the use of solar energy, heat pump and a patented heat exchanger, or a project allowing to reduce the consumption of energy by cooling devices. Sounds innovative? These are a few winning projects of last year’s edition of PowerUp! by InnoEnergy. The call for proposals starting now
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The Department of Civil Aviation (DCA) has appointed CAA International (CAAi), the state-to-state advisory arm of the UK Civil Aviation Authority (UK CAA) to provide the DCA with technical safety oversight and certification support. CAAi’s assistance will be focused on flight operations and airworthiness. As one of Europe’s top tourist destinations, and a large
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Cyprus’ debt was at EUR 19.3 bln in May, unchanged from the beginning of the year, the Public Debt Management Office (PDMO) said on Tuesday. It said that the general government budget balance was in surplus of EUR 114 mln in the first five months of the year, with the primary surplus reaching EUR 289
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. Was it a coincidence that the French Minister for Armed forces Florence Parly was on a brief visit in our parts of the wood the day that Total was supposed to start drilling in block eleven of the Cyprus Exclusive Economic Zone? Boarding the French Navy frigate Languedoc, currently patrolling in the eastern
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The entire maritime and business community of Cyprus has applauded parliament’s unanimous vote on Friday to pass legislation establishing the Deputy Ministry (Under Secretariat) for Shipping, one of three non-voting Cabinet offices this government pledged it would create over four years ago. Just two weeks ago, on June 26, MPs decided at the
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By Lukman Otunuga, Research Analyst at FXTM It has been an eventful week for the financial markets, as comments from central bank heavyweights which fuelled monetary policy speculations and political uncertainty in Washington, breathed life back into the currency and equity markets. Fed Chair Janet Yellen was the talk of the town after catching
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Greek economy: The struggle to stay afloat continues By Costis Stambolis Greece and its international lenders may have reached a deal in mid June on a much awaited EUR 8.5 bln loan installment, but this will provide only temporary reprieve for the country’s financial problems. “Greece’s economic malaise is far from over with actual
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The current political and economic climate has contributed to some of the highest levels of uncertainty seen for decades, say PwC economists in their latest Global Economy Watch. Indeed, in recent years, uncertainty has been keeping business leaders busy. CEOs have responded in several ways –from insuring against the potential costs of cyber attacks,
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Global middle market organisations (companies with annual revenues of $1mln – 3 bln) are showing no signs of slowing down in the face of geopolitical uncertainty, according to a survey by EY. Over one-third (34%) of middle market companies plan to grow 6-10% this year, far outpacing the latest World Bank global GDP growth forecasts
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By Hussein Sayed, Chief Market Strategist at FXTM Equity investors across the world welcomed Federal Reserve Chair Janet Yellen’s testimony with open arms. The Dow Jones Industrial Average jumped 123 points on Wednesday – a record high. The S&P 500 and Nasdaq Composite rallied 0.7% and 1.1%, respectively. Meanwhile, the positive sentiment spread into
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