Alshaya Group, a leading Kuwaiti business conglomerate, has announced that it has acquired the Starbucks Greece & Cyprus licensed business, becoming the new exclusive owner and operator of the business. It operates 30 stores in Greece and 18 in Cyprus employing around 500 people.
Egypt and Cyprus signed a natural gas cooperation framework, witnessed by Presidents Abdel Fattah El Sisi and Nikos Christodoulides, during the 9th Egypt Energy Show (EGYPES 2026), strengthening bilateral energy collaboration.
During President Nikos Christodoulides’ visit to Bahrain, Cyprus and Bahrain signed a tourism MoU. The agreement strengthens economic ties through tourist exchange, joint events, business visibility, public-private partnerships, shared expertise, market research, and coordinated participation in global tourism forums.
