Search

781. BOC appoints Bank of America as joint corporate broker, resumes dividend payments

The Bank of Cyprus has announced the appointment of Bank of America Europe DAC (BofA Securities) as a joint Corporate Broker, along with NUMIS Securities Limited (NUMIS) and Keefe, Bruyette & Woods (KBW, acting through Stifel Nicolaus Europe Limited), with immediate effect....

782. Airlines now have more power thanks to Covid-19

The Airports Council International (ACI) Europe has released a comprehensive analysis of airport competition in Europe, highlighting the shifting dynamics as airlines tighten their grip. ...

783. Turkish elections: No matter who wins, Greece remains skeptical

Greek-Turkish Relations Hang in the Balance After Turkish Elections" Subtitle: "Uncertainty Looms as Turkey's Strategic Priorities Likely to Remain Unchanged Regardless of Election Outcome"...

784. Cypriot president goes to Israel

Cyprus President Nikos Christodoulides is travelling to Israel on Thursay when he will be received by the President of the State of Israel, Isaac Herzog...

785. It's surprising how little was frozen

Upon his arrival at Larnaca airport last Wednesday, Justice Commissioner Didier Raeder brought with him two pressing questions. Firstly, how is it that a country like Cyprus, which has been heavily infiltrated by Russian capital for several years, has only managed to freeze a mere 104 million euros worth of assets belonging to oligarchs under EU sanctions?...

786. Lebanon bans top Cypriot airline from flying over Israeli territories

Lebanon has barred the largest airline in Cyprus, TUS Airways, from flying in the Arab country’s airspace or landing at Beirut–Rafic Hariri International Airport, due to the fact that an Israeli corporation owns nearly half of the shares in the company....

787. Worker injured after hooded men attack speed camera van

Another speed camera van was attacked in the Republic of Cyprus, with reports saying a male company employee was struck in the head when hooded men assaulted him in the dead of night...

788. WHO declares end to Covid-19 global emergency

The World Health Organization said Friday that Covid-19 no longer qualifies as a global emergency, marking a symbolic end to the devastating coronavirus pandemic that triggered once-unthinkable lockdowns, upended economies worldwide and killed at least 7 million people worldwide....

789. Cyprus behind on freezing Russian assets, EU official says

The European Union’s executive arm wants to delve deeper into why Cyprus has only frozen 100 million euros ($110 million) worth of assets belonging to Russians facing sanctions amid the war in Ukraine, the bloc’s justice commissioner said Thursday...

790. US McDonald's franchisee employed two 10-year-olds, broke labor laws

A McDonald's franchisee in Kentucky employed two 10-year-old children in violation of federal labor laws, the Department of Labor said Tuesday....

791. 14-year-old kills 8 classmates and security guard in Belgrade

A 14-year-old boy opened fire in his Belgrade classroom on Wednesday morning, shooting dead eight fellow pupils and a security guard in a pre-planned attack and wounding seven others, Serbian officials said....

792. Russian fire incident report delayed

Officials in Cyprus have postponed their findings on the fire at the Russian center in Nicosia, after a chemical report requested by the fire department was delayed, leaving room for speculation about the blaze as well as the overall investigation...

793. MINTHIS Spa wins a Gold Award in Cyprus Tourism Awards

We are proud to announce that MINTHIS and its world-class destination Spa has won a prestigious award at the Cyprus Tourism Awards 2022. ...

794. Michael Kyprianou & Co LLC partners with IP expert Nick Kounoupias

Following the successful launch of Cyprus IP Day on April 26th, 2023 hosted at the firm’s Nicosia office, which saw a number of local and international speakers share their insight and knowledge on the subject of Intellectual Property (IP), and provided innovators, entrepreneurs, and businesses with an opportunity to connect with IP experts, Michael Kyprianou & Co LLC announces the newly formed partnership with one of the speakers at Cyprus IP Day, UK IP Champion and IP expert Nick Kounoupias....

795. Shriners director provides care to children in Cyprus

Mathew Brock McConkey, Director of Prosthetics and Orthotic Rehabilitation at the renowned Shriners Hospitals, traveled to Cyprus for the second time in the last four months to provide high-quality care to children who were deemed in need of prosthetic limbs, splints and other orthopedic rehabilitation aids....

796. Cypriot president gets honorary doctorate in Greece

Cyprus President, Nikos Christodoulides, is traveling to Athens today, where he will be awarded an Honorary Doctorate from the University of Piraeus and will participate in the Delphi Economic Forum, organized on a private initiative, with the participation of heads of state and government...

797. WHO leads regional effort to improve health and well-being of refugees and migrants

798. Lack of aircraft preventing global air travel recovery

The air travel industry has recently been facing delays in aircraft deliveries, a problem that is not allowing it to fully recover from the pandemic....

799. US returns over 80 Cypriot antiquities

More than 80 Cypriot antiquities will be repatriated to Cyprus from the US. To this end, a ceremony has taken place in Washington in the presence of the Director of the Department of Antiquities, Dr. Marina Solomidou-Ieronymidou....

800. Cyprus faces economic losses due to rejected renewable energy production

The issue of storing electricity from renewable energy sources has become a problem due to extensive production rejections of both large and small photovoltaic parks by the Transmission and Distribution Operators on Easter Sunday and Monday in Cyprus....

801. 21st International Film Days Festival - Cyprus 2023

The 21st International Film Days Festival - Cyprus 2023 is set to begin on Friday, April 21st, at the Rialto Theatre in Limassol and the Zina Pallas in Nicosia. ...

802. Germany desperate for migrant workers to fill open positions

A new study carried out by the Cologne Institute for Economic Research has shown that the worker shortage in Germany has reached an all-time high level. ...

803. NBA to open basketball school in Costa Navarino

The National Basketball Association announced on Wednesday that it is partnering with TEMES to run a Basketball School at the resort of Costa Navarino this summer....

804. Finance Minister requests containment of lending rates for housing loans

The Finance Minister of Cyprus, Makis Keravnos, has written letters to the Director General of the Cyprus Banks Association and the Director General of the Association of Credit Acquisition Companies and Credit Facility Managers, requesting measures to control rising lending rates for serviceable loans up to €350,000....

805. Elon Musk plans to create 'TruthGPT', a non-Liberal AI

Billionaire Twitter owner Elon Musk is again sounding warning bells on the dangers of artificial intelligence to humanity — and claiming that a popular chatbot has a liberal bias that he plans to counter with his own AI creation....

806. BOC to pay dividends after 12 years

The Bank of Cyprus is the first bank in Cyprus and Greece to receive approval from the European Central Bank (ECB) to pay dividends. The lender is expected to resume paying dividends to its shareholders after 12 years....

807. Cyprus coastline polluted with 0.2 pieces of garbage per square meter

There are 0,2 pieces of garbage in every square meter of sand in Cyprus, according to data on coastal marine litter, released by the EU’s EMODNET database, the Head of the Board of Directors of AKTIS Xenia Loizides told the Cyprus News Agency....

808. Nicosia scrambles to protect brand after sanctions incident

President of Cyprus Nikos Christodoulides convened an extraordinary meeting on Thursday following the inclusion of Cypriot natural and legal persons in the lists of the latest sanctions published on Wednesday by the United States of America and the United Kingdom...

809. Bill for 'e-Kalathi' product price comparison app submitted for Cabinet approval

The bill for the implementation of a digital tool that enables daily information on retail prices and product comparisons is ready for submission to the Cabinet....

810. EY report: Governments need new ways of working to seize digital opportunities

Governments around the world are at risk of failing citizens through lack of digitalization, according to EY research presented in a new report: “How can government workers and technology align to serve future citizens?”. ...