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CyprusInno has launched a new coworking space called The Base in Nicosia’s Ledra Palace buffer zone.

The centre will not be limited to coworking elements as it wil also act as a startup accelerator and incubator, as well as a multimedia studio.

“The Base by CyprusInno is a new multi-purpose space that enables the co-creation of social and economic impact in various fields by bringing together both the private and public sectors, as well as civil society, via a hybrid platform of digital and physical tools and resources,” CyprusInno said in a statement.

The new centre will feature a coworking space that converts into an events space with seated and high-top desks and tables, a stage, an audiovisual system, a library and writable walls; a multimedia studio with a soundproof room and professional audio equipment for podcasting purposes; a stead office area for quiet working; a conference room; and an outdoor space and garden.

The Cyprus Stock Exchange (CSE) recorded negligible profits on Tuesday, September 14.

The main Cyprus Stock Market Index was hovering at 67.52 points by 12:27 during the day, reflecting an increase of 0.03 per cent over the previous day.

The FTSE / CySE 20 Index was at 40.35 points, representing a trivial increase of 0.02 per cent.

At the same time, the total value of transactions came up to €147,005.65.

In terms of sub-indexes, the hotel index moved upwards by 0.74 per cent, while that of investment firms did not show any change.

The biggest investment interest was attracted by the Bank of Cyprus (+74 per cent), Vassiliko Cement Works (+0.79 per cent), Petrolina Holdings (transactions totalled €2.060,00 without the stock showing any change), Alkis H. Hadjikyriacos of FROU-FROU Biscuits (+3.42 per cent) and Amathus (-5.60 per cent).

The Cypriot Minister of Energy, Commerce and Industry Natasa Pilides met with a number of Bahrain government officials during her visit to the country.

Pilides met with the Minister of Oil, the Minister of Industry, Commerce and Tourism, as well as the Minister of Youth and Sports Affairs.

Pilides promoted Cyprus as an investment and business destination, particularly within the context of the Green and circular economy, as well as the prospects for further financial and trade partnerships between the two countries.

The Cypriot minister also discussed efforts to export halloumi to Bahrain, while also inviting the Minister of Industry, Commerce and Tourism Rashid Al Zayani to Cyprus.

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