Search

1621. Self check-in and robots - the future of tourism in Cyprus

1622. Two Turkish banks suspend Russian Mir payments after U.S. sanctions

Turkish lenders Isbank and Denizbank have suspended the use of the Russian payment system Mir, the banks said on Monday, following a U.S. crackdown on those accused of helping Moscow skirt sanctions over the war in Ukraine....

1623. Ayia Napa Marina welcomes the SUPER CRUISE SHIP ''Rhapsody of the Seas''

Ayia Napa Marina has proudly welcomed its first SUPER CRUISE SHIP ''Rhapsody of the Seas'', following the first cruise ship to anchor at the marina on 29 May. ...

1624. Profits of €55.4 million in first half of 2022 for Hellenic Bank

Hellenic Bank reported a profit of EUR 55.4 million for the first half of 2022, compared to a profit of EUR 21 million in the corresponding half of 2021....

1625. FT: The Bank of Cyprus/Lone Star deal is not just about price

Cyprus has attracted a different sort of visitor recently. US buyout group Lone Star has taken an interest in Bank of Cyprus, the island nation’s largest lender....

1626. Tourist arrivals up by 40%, most on holiday

Tourist arrivals increased by 40.2% in August 2022, rising to 451,133 compared to 321,858 in August 2021....

1627. Only PDO halloumi available in the market from today

As of today, inspectors from the Ministry of Agriculture have started inspections in supermarkets and store refrigerators to remove non-PDO branded halloumi products....

1628. Inflation still high but slowed to 9.6% in August

Harmonized inflation rose at a slower pace than in the previous month in August 2022, recording an increase of 9.6%, compared with August last year....

1629. Are you sure the person you interviewed is the one you hired for the job?

A job interview scheme is on the rise where candidates are hiring proxies to sit in for them. Some 'professional' proxies are charging up to $150 an hour to do job interviews....

1630. Greece is enticing northern EU retirees with its 'easier winters'

Northern pensioners who want to afford this winter more easily with a significantly lower financial burden can now travel to Greece, according to the Greek Minister of Tourism, Vasilis Kikilias....

1631. Western retaliation against Ankara

Western governments are expressing concern about the tightening of relations between Turkish President Recep Tayyip Erdogan and Russian President Vladimir Putin, a development that makes the prospect of retaliation more likely if the NATO member state helps Moscow avoid sanctions....

1632. Israeli minister in Nicosia as gas bargain heats up

Israeli Energy Minister Karine Elharrar is visiting Cyprus on Monday to talk gas directly with her Cypriot counterpart, after companies tasked by the two governments to negotiate a joint reservoir failed to agree on a buyout deal...

1633. State fair site to become innovation zone

The Finance Ministry welcomed a decision by the Council of Ministers on Wednesday to establish an innovation zone and a business zone/exhibition space at the Cyprus International Fair site....

1634. EC to force energy companies to share their profits

The European Commission plans to raise more than €140 billion to relieve consumers from soaring energy prices, according to Reuters, by "taking a chunk of the revenue from low-cost electricity producers and forcing fossil fuel companies to share their huge profits. ...

1635. NIPD Genetics, a Medicover company announces the addition of six new NeoThetis liquid biopsy tests for therapy selection

NIPD Genetics announces the addition of six new NeoThetis liquid biopsy tests for therapy selection, which include Breast & Gynecological, Gastric, Melanoma, Pancreatic, Prostate and Pan-Cancer. ...

1636. Turkish Cypriot properties a thorny issue on the campaign trail

Candidates for the Presidential Elections that will take place in February 2023 paid a series of visits on Tuesday and Wednesday to villages, agencies and institutions while criticizing the government on various issues such as the management of the Turkish Cypriot properties in the government-controlled areas....

1637. Ayia Napa Marina opens its doors to four-legged visitors

The management of Ayia Napa Marina, in the context of serving its visitors and customers and respecting animals, informs that it applies the relevant regulations and best practices regarding the entry of animals into the Marina's premises....

1638. Non-PDO halloumi being sold off at deeply discounted prices

Many supermarket chains and stores that sell halloumi are offering deep discounts on singular or bulk sales of the cheese. These are clearly those products that do not fall within the PDO specifications and are not labeled accordingly....

1639. Mario Nava: 'Energy can strengthen the connection between the two communities'

In an interview with Kathimerini, Mario Nava touches on a number of issues with regard to the Cyprus Problem, including how trade between the two communities is the only answer to smuggling, the progress in the implementation of the Halloumi case and the role of the EU in future Cyprus talks....

1640. Suspense grows in Greek Cypriot’s arrest in the north

People on both sides of the divided island are questioning the prolonged detention of a Greek Cypriot businessman, who remains in Turkish Cypriot police custody after he was linked to a walkie-talkie and maps found in a hotel room after checkout...

1641. Cyprus starts golden passport trial with a paradox

A defense attorney in the golden passport trial set to begin next month raised a conflict of interest on Monday, when his client and former House speaker along with three other defendants appeared for their arraignment before a Nicosia district judge...

1642. Greek government uses citizens to report tax evaders

The Independent Authority for Public Revenue (AADE) is about to launch a new smartphone app in the coming days whereby citizens will be able to check whether the receipts they received are genuine....

1643. 150% increase in foreign direct investment - 600% increase in the technology sector

Cyprus is ranked 18 among other countries in attracting foreign direct investment, as reported in the seventh edition of the Greenfield FDI Performance Index of the FDI Intelligence for 2021, going up by 50 places compared to 2020....

1644. September Newsletter of K. Treppides & Co Ltd : European Banking Authority

A new issue is out from the newsletter by Treppides & Co Ltd, a leader in the field of auditing and accounting services with offices in three countries....

1645. Major banks across Europe turning off hot water and preparing diesel generators

Major banks across Europe are implementing measures in the workplace to cut down on energy consumption as Russia tightens its gas supply to the continent....

1646. Germany to revise immigrant laws to allow more skilled migrant workers

In the coming months, the German Ministry of Labor will come forward with a proposal to the federal government to introduce a new immigration option for skilled foreigners....

1647. EU plans to cap gas prices risking cutoff from Russia

The European Union proposed a price cap on Russian gas on Wednesday hours after President Vladimir Putin threatened to halt all supplies if they took such a step, raising the risk of rationing in some of the world’s richest countries this winter....

1648. US-based Lone Star to revise offer for Bank Of Cyprus

US-based equity fund Lone Star said it is considering options with regard 'to the possibility of making a revised offer proposal to the Board of the Bank of Cyprus.'...

1649. $600 SpaceX Starlink internet dish 'surprisingly good' despite outages

Starlink, SpaceX's satellite internet service, is becoming increasingly popular across the world — so much so that some users have even taken it on vacation....

1650. Banks imposing stricter lending standards

Cyprus banks have tightened credit standards in the second quarter of 2022, while net new lending demand subsided, reflecting the geopolitical tensions and the uncertainty in the global economic environment, the Central Bank of Cyprus Bank Lending Survey for Q2 says....