Search

1441. Biden taps close advisor as energy plots thicken

US State Secretary Antony Blinken has appointed a businessman and former lobbyist as energy security envoy, signaling a new strategic focus in Washington in the aftermath of thorny geopolitics over Nord Stream 2 and unresolved issues relating to the eastern Mediterranean...

1442. EY: CEOs understand transformation cannot be put off following COVID-19 pandemic

More than two-thirds (68%) of CEO respondents from the world’s largest companies say that they plan to take on a major investment in data and technology over the next 12 months, while 61% plan to undertake a major transformation initiative over the same period, according to the global EY CEO Imperative Study 2021. ...

1443. Open season for players searching for gas

The Republic of Cyprus along with Greece and Israel have leased a research vessel to conduct seismic surveys in waters east and west of the island, at a time when chatter over gas exploration rounds in the region are coming back to the surface...

1444. No concessions to Erdogan, says Bob Menendez

No concessions should be made to Turkish President Recep Tayyip Erdogan 'without a significant behavior change,' US Senator Bob Menendez, a Democrat and chairman of the powerful Senate Foreign Relations Committee, tells Kathimerini...

1445. Nations look to train at Cyprus security center

Three European Union member nations and three Middle Eastern countries are looking to train personnel in border, customs, maritime and cybersecurity techniques at a cutting-edge US-funded facility in Cyprus that is expected to be ready early next year, the Cypriot foreign minister said Thursday...

1446. EastMed faces another challenge next week

European Union countries will seek to prolong EU support for cross-border natural gas projects, a stance at odds with the European Commission’s plan to end such funding, according to a draft document...

1447. Fact sheet puts US-Cyprus ties at historic high

The US State Department’s latest fact sheet on the Republic of Cyprus heralds a bright future of cooperation between the countries, with relations between the superpower and the island nation described as being at a historic high...

1448. Cyprus’ baddie 'opens up' Euro contest

After last year’s hiatus due to the pandemic, Eurovision fans around the world are hours away from enjoying the biggest live music event, with Cyprus’ entry opening the popular competition where love of music is mixed with high emotions and decisive computations to declare a winner...

1449. Shipping Industry Cyprus - B2B Meetings with German Companies

1450. EY Firepower 2021: life sciences M&A falls to one of lowest totals since 2014

EY Firepower 2021: life sciences M&A falls to one of lowest totals since 2014, as biopharmas refocus on alliances and bolt-on deals...

1451. Larnaca seafront’s last oil tank gone

A video showing the removal of the last oil tank from Larnaca’s seafront was posted online Tuesday, revealing an unobstructed view of the ancient town’s blue waters after years of local and national efforts...

1452. Alan Duncan publishes book ahead of Geneva

Sir Alan Duncan who irritated Greek Cypriots two years ago when he said sovereignty over waters off the island was 'under dispute' has written a book, in which he says the British High Commissioner felt betrayed by President Nicos Anastasiades...

1453. Greek, Turkish ministers stand their ground

Greek and Turkish foreign ministers Nikos Dendias and Mevlut Cavusoglu hailed the relaunch of exploratory talks between Athens and Ankara and called for a de-escalation of tension, but both stood their ground on key issues dividing the two sides in an unusually frank press conference following their meeting in Ankara on Thursday...

1454. We are committed to seeing EastMed through

Israel's cooperation with Egypt and the strengthening of relations with other Gulf states contribute to peace, while enabling Israel and Cyprus to work together with other friendly nations, Sammy Revel says in an interview with Kathimerini...

1455. KPMG Cyprus announces partnership with EnergyIntel

KPMG in Cyprus and EnergyIntel have signed a partnership agreement for the provision of the innovative, energy-efficient solution, PayGreen...

1456. Cyprus hurries to clean up company registry

Energy Minister Natasa Pilides has called on business stakeholders in Cyprus to embrace a new effort of recording and updating true information about beneficiaries of companies, saying a new digital registry can bolster transparency on the island...

1457. IMF: Withdrawal of support measures should be gradual

An International Monetary Fund (IMF) mission met virtually with the Cypriot authorities from March 8–29, 2021 to discuss recent economic developments and policy priorities on the island. In an interview with Kathimerini Cyprus, IMF mission chief for Cyprus, Anita Tuladhar, said the longer the recovery period in sectors related to tourism, the greater the chance that permanent scars will remain in the economy of Cyprus. Tuladhar also noted the importance of state-sponsored programs to support the economy....

1458. Top EU officials head to Turkey in bid to improve ties

European Commission President Ursula von der Leyen and European Council chief Charles Michel are headed to Turkey on Tuesday on an official visit aimed at improving ties between Brussels and Ankara....

1459. Turkey to resume drilling program in Eastern Mediterranean ‘soon’

Turkey will “soon” resume its seismic and drilling program in the Eastern Mediterranean, the country’s Energy and Natural Resources Minister Fatih Donmez said on Friday....

1460. EU27 open up to Turkey but with a caveat

European Union leaders made good on Thursday on a 2016 promise to deepen trade ties with Turkey, but also warned Ankara to expect sanctions if it restarts exploration over disputed hydrocarbons in the eastern Mediterranean...

1461. Cyprus rejects EU draft on Turkey which seeks to deepen trade ties

Cyprus has rejected a draft prepared for a summit of EU leaders this week which seeks to deepen trade ties with Turkey, describing it as “totally unacceptable.” ...

1462. US supports Greece, Cyprus, Israel power initiative

The United States is “supportive of connecting distribution grids of mainland Europe to Cyprus and Israel via the EuroAsia Interconnector,” a spokesperson for the State Department said on Thursday, after Ankara on Monday formally protested a memorandum of understanding signed last week between Israel, Greece and Cyprus for the construction of a 2,000-megawatt undersea electricity cable....

1463. Greece, Turkey resume preliminary talks on maritime dispute

Greece and Turkey began another round of exploratory talks in Athens on Tuesday, seeking common ground on a long-standing maritime boundaries dispute before a European Union summit later this month...

1464. Blinken says US fully engaged on Cyprus

US Secretary of State Antony Blinken says American diplomacy will be “fully engaged” on the Cyprus issue, with Washington calling out aggressive actions in the eastern Mediterranean but also supporting positive developments...

1465. Power outage refuels reform debate

A technical failure in the Vasilikos power plant was quickly restored Thursday morning, after rendering areas all over the Republic of Cyprus without electricity at a time when unions are up in arms over reforms in the industry...

1466. Cyprus to assume first Presidency term of EMGF

Cyprus will assume its first official Presidency term of the Eastern Mediterranean Gas Forum (EMGF) starting on January 2022, participants at the fourth EMGF ministerial meeting decided on Tuesday....

1467. EastMed pipeline could be ready in five years

The EastMed pipeline could be in place in five years, Israeli Minister of National Infrastructure, Energy and Water Resources, Yuval Steinitz, has told the Cyprus News Agency (CNA), describing it as an extremely important project....

1468. Cyprus-Israel gas dispute deferred to firms

Israel and Cyprus have reached an understanding over gas reserves straddling their maritime border, the Cypriot energy minister said on Tuesday, in a key step towards resolving a nine-year impasse over offshore spoils...

1469. Cyprus, Israel and Greece agree to link power grids via subsea cable

Cyprus, Greece and Israel on Monday signed an initial agreement to build the world’s longest and deepest underwater power cable that will traverse the Mediterranean seabed at a cost of about $900 million and link their electricity grids....

1470. Borrell: Cyprob solution must come from Cypriots

"The European Union fully supports the resumption of a settlement process under UN auspices, as soon as possible," and stands ready to provide whatever assistance both parties and the UN would find most useful, the EU’s Foreign Policy chief Josep Borrell said Thursday....