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481. Nicosia backs new Israeli foreign minister

Cypriot Foreign Minister Ioannis Kasoulides has congratulated his Israeli counterpart who took office this week ahead of anticipated big news in Israeli-Arab relations that do not leave Nicosia unaffected...

482. Cyprus signs up to more aid for Ukraine

Cyprus and Poland have signed an agreement to provide further humanitarian aid to Ukraine amounting to €300,000 for the purchase of electricity generators. Cyprus' humanitarian aid to Ukraine now exceeds €3 million...

483. Cyprus, India sign bilateral cooperation agreements

Bilateral cooperation agreements between the Republic of Cyprus and India were signed on Thursday at the Ministry of Foreign Affairs in Nicosia...

484. Eva Kaili: From city council to city prison

485. Grant Johnson: City of Dreams Mediterranean will be the game changer for Cyprus’ hospitality industry

The multi-themed City of Dreams Mediterranean resort in Limassol, which will include a luxury hotel, casino, entertainment and sports facilities, adventure park, shops and restaurants, among others, will begin operations in the second quarter of 2023. Grant Johnson, the General Manager of COD analyzes what exactly the City of Dreams Mediterranean will be, what it will offer to the tourism product of Cyprus, how it will strengthen the country's economy and its position as a popular tourist destination and at the same time he analyzes how this project will have significant benefits for the local community and its people. ...

486. Cyprus airways unveils strategic plans, new routes

Cyprus Airways on Wednesday unveiled its five-year strategic plan announcing the expansion of is flight schedule to five new routes, namely Milan, Zurich, Prague, Basel, and Cairo...

487. Gatzke-Hellenic relations have returned to normal

After taking a brief leave of absence, Hellenic Bank CEO Oliver Gatske has returned to his duties. Mr. Gatske was given the green light to return to his office on Monday after the Cyprus Securities and Exchange Commission cleared him of any wrongdoing....

488. Crypto world shaken as Europe arrests MEP

The arrest of MEP Eva Kaili on corruption charges involving a Gulf state has sparked media frenzy over the weekend, with Qatar refuting reports that the world cup host is involved while Belgian officials have not named the country that allegedly attempted to bribe the crypto ally...

489. EU Parliament VP suspended on serious corruption charges

The Belgian judiciary has arrested four people as part of an investigation into a corruption case involving bribery from Qatar, while two others have been released....

490. Candidates continue campaigning both inside and outside of Cyprus

Candidates for the Presidency of the Republic continue their activities both inside and outside of Cyprus. The candidates and their teams analyzed their positions and alluded to issues of concern to citizens as well as current events....

491. Tatar: 'Discussions on air and naval bases still ongoing'

In remarks to a Turkish Anatoli news agency correspondent regarding the year-end assessment, the TC leader stated that the illegal airport in occupied Lefkonoiko was given to 'security forces' to serve as a base for Turkish IHAs. ...

492. Cabinet approves 'vehicle history database'

The Council of Ministers today approved an amendment to the Motor Vehicles and Traffic Movement Regulations that will create a database that will record the history of vehicles involved in accidents....

493. Tying up loose ends at Hellenic

Hellenic Bank experienced several changes in 2022, as it closed outstanding issues while also opening new chapters. Hellenic Bank made changes to its top management, staff, shareholding composition, and labor issues in the fourth quarter of 2022, ...

494. Kokkinos pushes for digital skills development

Deputy Minister of Research, Innovation and Digital Policy Kyriacos Kokkinos discussed digital skills development and the need for experts in cybersecurity during his participation in the Transport, Telecommunications and Energy Council of the European Union which took place in Brussels on Tuesday....

495. Unaccompanied minors are on the rise

Managing the exponentially increasing number of unaccompanied minors or unaccompanied alien children (UAC) is a problem that must be solved by the government in collaboration with NGOs and other relevant actors....

496. Hellenic Bank soon to be under the control of Eurobank

Eurobank is gaining control of Hellenic Bank after purchasing Wargaming's 13.4% stake. With the addition of the 12.6% it held from the purchase of all shares in Third Point Hellenic Recovery Fund in the summer of 2021, it now stands at 26%....

497. €76.4m profit in first 9 months of 2022 for Hellenic

Hellenic Bank announced a profit of €76.4 million for the first 9 months of 2022. According to the Group Financial Results for the nine-month period, ...

498. Exness sponsors the first ever Cyprus Tech Career Fair

Exness was the Platinum sponsor of the Cyprus Tech Career Fair that took place from November 24 until November 26 at the Cyprus International Fair. ...

499. 14 billion euros of loans on ice due to the suspension of foreclosure sales

In Cyprus, credit purchasing companies manage over 80,000 loans totaling €20 billion....

500. European Institute of Management and Finance establishes the Centre of Good Governance

Considering the need to tackle weak and precarious governance structures evident in both private and public entities, the European Institute of Management and Finance (EIMF) has established the Centre for Good Governance (CGG) in an effort to enhance governance at all levels and in all fields. ...

501. The consequences of continuing foreclosure suspensions

Lambros Papadopoulos, President of the state-owned asset management company, KEDIPES, warned on Tuesday that the continued suspension of foreclosures will negatively affect the company’s revenue from non-performing loans (NPLs) management resulting in a reduced repayment of state aid....

502. EY Cyprus presents the Transparency Report 2022

ΕΥ Cyprus has released its Transparency Report 2022, which provides an update on the firm’s efforts to execute high-quality audits, identify and mitigate risks and enhance trust in business and the capital markets, in support of sustainable, long-term value creation. ...

503. 'Double tax' treaty talks to begin between Cyprus and Australia

Cyprus Finance Ministry has expressed satisfaction with the positive reaction of Australian authorities to initiate bilateral negotiations for the conclusion of the Convention for the Elimination of Double Taxation with respect to Taxes on Income and the Prevention of Tax Evasion and Avoidance....

504. Civil protection's role in disaster management at the Nicosia Risk Forum 2022

The role of civil protection and international solidarity in disaster management as a result of climate change is being discussed at the two-day Nicosia Risk Forum 2022 (#NRF2022) on Civil Protection, which began today in Larnaca and is organized by the CERIDES Foundation of the European University Cyprus....

505. Air traffic in Cyprus expected to exceed 9 million this year

Air traffic in Cyprus will exceed 9 million passengers this year, despite the disruption in travel due to the war in Ukraine and the ensuing sanctions impost by the west against Russia, Eleni Kalogirou, Chief Executive Officer Hermes Airports, the operator of Cyprus’ two international airports, has said....

506. CIA Chief in Ankara, warns against the use of nukes

U.S. Central Intelligence Agency Director William Burns is in Ankara to speak with his Russian intelligence counterpart to convey a message on the consequences of any use of nuclear weapons by Russia, a White House official said on Monday....

507. President defers foreclosure mess to attorney general

Cypriot President Nicos Anastasiades has refused to veto legislation that suspends foreclosures yet again until February 2023, essentially calling on the attorney general to examine the constitutionality of the bill as the issue on the presidential election campaign trail continues to heat up...

508. Finance Minister calls for the repeal of foreclosure suspension

The Ministry of Finance proposes delaying the law on divestiture suspension. ...

509. Anastasiades 'an ally and true friend' of Israel

At a special ceremony held today at the Presidential Residence in Jerusalem, the President of the Republic Mr. Nicos Anastasiades was awarded the Presidential Medal of Honor by the President of Israel Mr. Herzog....

510. Israel to award Anastasiades with medal of honor

The Israeli Presidency announced on Tuesday evening that Cyprus President Nicos Anastasiades will be awarded on Wednesday the Presidential Medal of Honor by his Israeli counterpart Yitzhak Herzog....