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Cypriot company Tototheo Maritime, a leading maritime technology integrator and provider, this week announced that its co-CEO Despina Panayiotou Theodosiou was included in Lloyd’s List of 100 People in Shipping, climbing six spots from her previous ranking.

The Cypriot executive, who has been included in the list for the sixth consecutive year, shares the 83rd spot with Elpi Petraki, the president of WISTA International, an international networking organisation whose mission is to attract and support women.

The Lloyd’s List of 100 People in Shipping includes individuals who use their influence to promote and support positive changes in the global maritime and shipping industry.

In relation to her new ranking, Theodosiou said that for the past five years, her mission has been to enhance diversity in shipping and create more opportunities for all, while raising awareness of the benefits of digitisation, the opportunities it can create and how new technologies can help shape the future of the industry.

 

Total employment in Cyprus increased by 3 per cent during the third quarter of 2022, compared to the corresponding quarter of 2021, according to a preliminary estimate released on Wednesday by the Cyprus Statistical Service (Cystat).

The most significant percentage increases were observed in the sectors of accommodation and catering services, information and communication, transport and storage and manufacturing.

The total number of workers employed during the third quarter of 2022 is estimated at 463,613 people, of which 414,630 are employees and 48,983 are self-employed.

At the same time, actual hours worked for the third quarter of 2022 are estimated at 206,711, an increase of 4.1 per cent compared to the corresponding quarter of 2021.

The most significant percentage increases were observed in the sectors of accommodation and catering services activities, information and communication, transport and storage.

 

The Cyprus Stock Exchange (CSE) ended Wednesday, December 7 with losses.

The general Cyprus Stock Market Index was at 88.36 points at 13:35 during the day, reflecting a drop of 0.18 per cent over the previous day of trading.

The FTSE / CySE 20 Index was at 53.24 points, representing a decrease of 0.15 per cent.

The total value of transactions came up to €159,632.

In terms of the sub-indexes, the main, hotel and investment firm indexes fell by 0.34 per cent, 1.91 per cent and 0.29 per cent respectively, while the alternative index rose by 0.11 per cent.

The biggest investment interest was attracted by the Bank of Cyprus (no change), Hellenic Bank (-0.37 per cent), Salamis Tours (no change), Demetra Holdings (no change), as well as Pandora (+6.15 per cent).

 

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