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Larnaca Cultural Revival: AI Hologram Redefines Tradition and Innovation

Reimagining Heritage With Digital Innovation

Larnaca’s rural areas are undergoing a digital upgrade as the Larnaca and Famagusta Chamber of Commerce and Industry (Evel) partners with PwC Cyprus to launch an artificial intelligence-based holographic avatar. Project is part of the REVIVE – Interreg Euro-MED programme and focuses on promoting cultural heritage.

Marrying Tradition And Technology

The project, which brings to life the character “Marikkou pou ta Lefkara,” draws inspiration from the time-honored tradition of Lefkara embroidery. In a nod to Renaissance ingenuity reminiscent of Leonardo da Vinci, the initiative leverages state-of-the-art AI and holographic imaging to present a deeply interactive cultural experience. This melding of art and algorithm not only preserves local heritage but also ushers in a new era of digital storytelling.

Enhancing Tourist Engagement And Economic Growth

Positioned at the Larnaca Environmental Centre, the digital installation will serve as an interactive hub offering rich insights into the region’s attractions. Visitors can expect a curated digital journey that includes details on cultural sites, traditional arts, local businesses, and historical photographic archives. Such a platform not only highlights Larnaca’s scenic charm but also catalyzes local economic development by promoting small businesses and cultural tourism.

Collaborative Vision for Regional Revitalization

Under the banner of REVIVE – an ambitious initiative aimed at developing innovative community-based models to rejuvenate inland Mediterranean areas – this project enjoys a robust pan-Mediterranean support with a total budget of €2.38 million. Involving nine partners across Cyprus, Italy, Greece, Spain, Slovenia, Croatia, and North Macedonia, the programme exemplifies collaborative regional development.

A Strategic Investment in Future Growth

By integrating advanced digital technology with cultural heritage, Evel reaffirms its commitment to sustainable local development. This forward-thinking project is poised to set a benchmark for how rural communities can harness the power of technology to create immersive experiences and promote economic vitality.

Eurobank Wins Two Euromoney Awards Following Cyprus Merger

Eurobank has been named Cyprus’ Best Bank for 2026 by Euromoney, while also receiving the award for Best Bank for Large Corporates at the publication’s latest Awards for Excellence.

Merger Marks A Milestone

The awards recognise the bank’s performance during 2025, a year marked by the completion of the legal merger between Hellenic Bank and Eurobank Cyprus. The transaction created Eurobank Limited, which the group says is now Cyprus’ largest banking and insurance organisation, with assets exceeding €28 billion.

Euromoney’s Awards for Excellence evaluate banks’ performance over the previous calendar year, with this edition covering January 1 to December 31, 2025.

Lending, Customers And Digital Growth

Eurobank said its business lending portfolio expanded by around 17 per cent during 2025, while its customer base grew to more than 710,000 retail clients and 11,500 business customers.

The bank also continued its digital expansion, saying more than 96 per cent of transactions are now completed through digital channels, and most financing applications are submitted via its mobile app.

Expanding International Presence

Eurobank also highlighted the opening of its first representative office in India, describing the move as a step toward strengthening business links between Cyprus and India while supporting Cyprus’ role as a gateway to the European Union for Indian businesses and investors.

According to the bank, Euromoney recognised not only the successful completion of the merger but also its lending growth, digital transformation and contribution to Cyprus’ position as an international business and investment hub.

CEO On The Awards

“The Euromoney awards confirm Eurobank’s strong momentum and the successful implementation of our group’s strategy in Cyprus,” Chief Executive Michalis Louis said.

He said the merger strengthened the bank’s ability to support households, businesses and the wider economy, while highlighting continued investment in digital services and the opening of the representative office in India as key milestones during the year.

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