Economy category powered by

Christodoulides-Saudi FM, discuss possibility of two countries' electricity interconnection

President Nikos Christodoulides has discussed with Saudi Foreign Minister, Faisal bin Farhan Al Saud, the possibility of the electricity interconnection of Saudi Arabia and the Republic of Cyprus, the CNA has learned.

On the sidelines of the 79th session of the UN General Assembly in New York, the President of the Republic on 24 September met with Saudi Foreign Minister, Faisal bin Farhan Al Saud, with whom he discussed the security situation in the Middle East, the deepening of bilateral relations and the current developments on the Cyprus issue.

According to information CNA has obtained, the President of the Republic also discussed with the Saudi Foreign Minister the possibility of electricity interconnection between Saudi Arabia and the Republic of Cyprus.

After the United Arab Emirates and Egypt, Saudi Arabia is the third country in the Arab world to express interest in participating in this major project, the same sources said.

(Source: CNA)

Read More

AB CarVal Investments sells 3% of its shares in the Bank of Cyprus for €4.20 per share
Patsalides’ message to the banks over the risk to their image and reputation
Christodoulides: Cabinet approving purchase of 100,000 e-IDs
Accounting Refigured: The Mediterranean’s flagship event for Accounting innovation comes to Cyprus
Cyprus to present National Strategy to develop primary sector
Agriculture Ministry to tighten penalties for halloumi PDO violations
With a €40m plant in Tseri, Olympos has become a new major player in Cyprus’ Halloumi production industry
Chief scientist holds contacts in Japan to expand collaborations
Law Office Heads exchange views on judicial matters with officials from India
European Citizens' Initiative promotes active participation and empowerment