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The Human Resources Development Authority (HRDA) of Cyprus has appointed a new director general, with Yiannis Mourouzides having taken over the position on November 1.

The appointment was confirmed following a decision by the authority’s board of directors, as well as approval from the cabinet of ministers.

Mourouzides has previously acted as director of research and planning, as well as director of training, both at the HRDA.

The HRDA director general has a Master of Business Administration from the University of Warwick, an MSc in Operational Research from the University of Sussex, as well as a BSc in Engineering from Thames Polytechnic.

Cyprus, with a budget of 1.2 billion euros from the Recovery and Resilience Plan, will finance a total of 133 projects, investments and reforms by 2026, Minister of Agriculture, Rural Development and Environment, Costas Kadis has said.

The financing of the investments and reforms will aim to address long-term weaknesses in Cyprus and radically change the image of the country, the minister explained.

The projects concern among others green technologies for the reduction of pollution, environmentally-friendly design of buildings for better energy efficiency, a network of green points for waste management, as well as electric car charging systems.

The Cyprus Stock Exchange (CSE) ended Monday, November 1, with profits.

The main Cyprus Stock Market Index was at 65.91 points by 13:20 during the day, reflecting an increase of 1.28 per cent over the previous day.

The FTSE / CySE 20 Index was at 39.39 points, representing a rise of 1.34 per cent. The total value of transactions came up to €6,323.16.

In terms of sub-indexes, the main index rose by 1.98 per cent, while the alternative index and hotel index rose by 0.31 and 1.38 per cent respectively. Investment firms also rose by 4.29 per cent.

The biggest investment interest was attracted by CCC Tourist Enterprises (+2.26 per cent), Hellenic Bank (+2.7 per cent), Bank of Cyprus Holdings (+1.02 per cent), Amathus (+4.76 per cent), and Tsokkos Hotels (+8.99 per cent).

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