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

CBN Young Dragon Awards: Meet the candidates in the Financial Services category
Siarhei Kostevitch: Cyprus has been ideal as a base for ASBIS's operations
EIB President in Cyprus for inauguration of Bank’s Nicosia office
CBN Young Dragon Awards: Meet the candidates in the Services category
Cyprus supports strengthening of transatlantic ties through positive trade agenda
RoC can become a reliable EU energy arm in East Med, says Energy Minister
Finance Minister and Dutch Ambassador discuss bilateral ties and economy
Cyprus a net recipient of EU funds in '23 says European Court of Auditors member
CySEC chief stresses the need for a Capital Markets Union
Hungarian flavours and new business opportunities for Cypriot market