Nikolaos Prakas

“There is great potential to further deepen our business cooperation. The Cypriot economy remains dynamic, while Austrian expertise enjoys a very strong reputation. Through the “Best Practice Austria” initiative, Austrian know-how has been transferred into concrete projects with Cypriot partners. Several Austrian companies are already active in Cyprus in areas ranging from insurance and certification to energy and water management. The foreign trade organisation Advantage Austria plays an important role in supporting Austrian companies seeking market access to Cyprus and in facilitating the establishment of business contacts between companies in Austria, Greece and Cyprus,” suggests Dr Susanne Bachfischer, Ambassador of Austria to Cyprus.

Founded in 2017 by Ioannis Petri, Athlos Capital was established with a clear ambition: to become the leading bond intermediary in Cyprus and Greece.

In March this year, the world’s best-known Cypriot chef, Andreas Mavrommatis, passed away unexpectedly at the age of 69. His brother Evagoras is still trying to come to terms with the family tragedy, but he is more than happy to recount the story of how he and Andreas established the award-winning restaurant La Maison Mavrommatis in Paris.

Christoforos Soutzis, CEO Europe of Capital.com, offers an in-depth look into the ever-evolving finance sector, shares his insights into running a successful business operation and suggests how potential future finance sector leaders need to prepare well if they are to achieve their ambitions.

"Several Cypriot companies have been established in the Kingdom, benefiting from the encouraging investment environment and the incentives offered to foreign investors. At the same time, the Kingdom is seeking a foothold for significant investments in the energy, transportation, communications, information technology, healthcare and tourism sectors in Cyprus," Fawaz Alshubaili, Ambassador of the Kingdom of Saudi Arabia to Cyprus notes.

"Paphos is increasingly becoming an attractive option for companies wishing to establish themselves in Cyprus. This is not accidental. The city offers a combination of advantages that many businesses and professionals are looking for," George Mais, President of the Paphos Chamber of Commerce and Industry, suggests.

Like most of us, Panikos Teklos learned to ride a bicycle as a child. Unlike the majority, however, he later took up structured road cycling, after a friend in London introduced him to triathlon in 2006. “That experience marked the beginning of my structured road cycling training and a much deeper engagement with the sport,” he says. Having dedicated himself to serious training and competition for 20 years, he now cycles for eight to ten hours at weekends and for another three during the week. And he’s not alone.

Basketball has been a passion of Ilya Aristov, Managing Director of DataArt Cyprus, since childhood. His enthusiasm for the sport has not diminished, and he continues to play in Cyprus. Here, he fondly recalls some early on-court memories, while recognising that the sport has also taught him lessons that have had an impact on his professional life.

Core Engineering Consulting Group (CECG) was founded in 2019 by CEO Joseph Samuel with a clear vision: to help organisations deliver with greater confidence and speed without compromising reliability, security or cost control. Marios Christodoulou, Head of Strategy Execution at CECG, explains that the company delivers top-tier consulting and engineering solutions to a diverse client base through its enterprise-grade software delivery platform and bespoke consulting services tailored to its clients’ needs.

Amyth of Nicosia introduced its new menu, putting premium produce, open-fire cooking and sharing at the centre of the dining experience, which took diners from fresh seafood to carefully sourced meats to a tableside dessert trolley in the heart of the capital.