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€50m Jewish Education Hub to Break Ground in Limassol

by THEFUTURE.TEAM

May 13, 2025

A private education project worth over €50 million is advancing in Polemidia, Limassol, with construction preparations underway for a new school funded by the Yael Foundation.

Work is expected to begin in September, as the final architectural designs are now being completed in parallel with the school’s licensing application to the Ministry of Education.

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International Education Standards

According to information from the Yael foundation, the response from the Ministry has so far been positive, with the school set to follow international education standards.

As stated on the foundation’s official website, the project aspires to create a flagship Jewish school in Limassol, a point of reference for Jewish education both in Cyprus and abroad.

A Beacon of Excellence

The institution will combine Jewish values with modern pedagogical methods in a high-standard academic environment, with the Foundation describing it as a future “beacon of excellence.”

The school is expected to open in 2027 and will host up to 1,500 students from Cyprus and overseas.

Facilities and Leadership

Its facilities will include modern classrooms, science laboratories, creative studios, a library, sports infrastructure, and places of worship, forming a fully integrated learning and development space across primary, middle, and secondary levels.

Leading the new institution will be Rabbi Yehoshua Smukler, originally from Israel, who brings experience from similar educational projects in Australia.

In his statement, the Rabbi said that “The school will be the cornerstone of the Jewish community of Cyprus, making it an even more attractive place to live.”

He frequently travels between Israel and Cyprus to oversee the project and is widely known for his commitment to academic excellence and Jewish education.

The Yael Foundation

Founded in 2020 by Uri and Yael Poliavich, a Jewish couple who have settled permanently in Cyprus, the Yael foundation is dedicated to strengthening Jewish identity through accessible, high-quality education.

The foundation is currently active in 35 countries, supporting around 13,000 Jewish students worldwide.

According to the organisation, it provides funding to 55 day schools, 18 catechism schools, 10 kindergartens, and 17 after-school programmes.

The Future Forbes Realty Global Properties

EU Invests €79 Billion In Environmental Protection As Companies Lead Spending

European Union member states invested €79 billion in environmental protection assets in 2025, according to Eurostat, reflecting continued spending on infrastructure aimed at reducing environmental impacts and managing natural resources.

The investment represented 0.4% of the EU’s gross domestic product and 1.9% of total investment across the economy.

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Wastewater Treatment Receives The Largest Share

Wastewater treatment attracted the largest share of environmental protection investment, accounting for 37.7% of total spending. Waste management followed with 27.3%, while air and climate protection projects represented 11.2%.

Companies Lead Environmental Investment

Businesses accounted for €49.6 billion, or 62.7%, of total environmental protection investment. Spending focused on specialised technologies and equipment designed to reduce the environmental impact of production processes.

These investments included equipment to reduce air emissions, the construction and maintenance of wastewater treatment facilities, vehicles used for waste transport, and waste collection plants. Companies also invested in land for natural reserves and biodiversity protection.

Public Sector Provides The Remaining Investment

General government and non-profit institutions accounted for the remaining 37.3% of environmental protection investment.

Eurostat’s figures show that wastewater treatment, waste management and air and climate protection accounted for the largest share of environmental protection investment across the European Union in 2025.