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

Eurobank revealed as the name of Eurobank Cyprus and Hellenic Bank’s new consolidated entity
Baker Tilly Cyprus issues its 2024 Transparency Report
ETYFA announces project management for Vasilikos terminal
Cyprus participates in European Space Agency Conference in Italy
Building permits down 24% y-o-y in January, with total value up 4.3%
Investment Funds' assets up by €169.2m in March, reaching €7.53b
President Christodoulides to meet with British Prime Minister in London
Exclusive Deloitte event celebrates tech startups
Kraken expands derivatives trading to EU with Cypriot license acquisition
ASBIS showcases AROS 24/7 Robo Café by ASBIS Robotic Solutions (video)