Search

1051. SYPRODAT: Demands response from Central Bank, Government and Parliament regarding increased charges

The Bank of Cyprus Borrower Association (SYPRODAT) is calling for an immediate response from the Central Bank of Cyprus, the Government and Parliament in relation to the increase of charges from the largest Cypriot banks....

1052. 65% of bookings in the hospitality sector were canceled during the holidays

Measures imposed to deal with the Covid-19 pandemic affected traffic in the hospitality sector throughout Cyprus during the holidays. ...

1053. Loan restructurings in the Cyprus reached almost €2 billion due to Covid

Loan restructurings in the Cypriot banking system edged close to €2 billion in the first ten months of 2021, marking the highest figure according to Central Bank of Cyprus (CBC) records which began in end-2014....

1054. Consulco opens its Limassol office

Consulco the investment manager with offices in London, Dubai, Moscow and Nicosia established its newest office in Limassol. ...

1055. Cyprus unaffected as flights get canceled worldwide

Hermes Airports in the Republic of Cyprus say a cancelation of flights around the world has not affected the island, as airlines across the globe have been pulling planes during the Christmas travel period over fears of the Omicron variant...

1056. Cyprus energy program resumes with an appraisal drilling in Block 10

The Ministry of Energy, Trade and Industry announced the start of assessment drilling in block 10 of the Exclusive Economic Zone of the Republic of Cyprus (EEZ)....

1057. Financial turmoil hits Turkish Cypriots

Serious side effects from the lira's plunge–Basic food products are becoming more expensive ...

1058. Turkish lira resumes slide to 17.5 against the dollar

The Turkish lira continued its freefall after President Recep Tayyip Erdogan rejected warnings from businesses about the dangers of recent interest rate cuts and vowed there was “no going back” from his approach....

1059. Limassol Mayor highlights environmental issues affecting city

A research study on the environmental risks and economic benefits of sector activities in Limassol, demonstrates the urgent need to protect the city’s coastal, marine and maritime environment....

1060. Bank of Cyprus to impose new and increased fees from February 15, 2022

Bank of Cyprus will be imposing new and increased fees by February 2022, adopting the general trend of the European banking sector of increasing bank charges to cover a reduction of income stemming from low interest rates....

1061. Inflation in Britain jumped to its highest level in the last 10 years at 5.1%

Inflation in Britain has jumped to a 10-year high due to a sharp rise in prices, according to data released on Wednesday on the eve of the Bank of England's decision on interest rates....

1062. Greenpeace: Greek gas hunt an ‘unbearable’ threat to whales

Greenpeace on Wednesday renewed calls against proposed deep-sea oil and gas exploration off southwest Greece, warning of “unbearable” consequences to endangered Mediterranean whales and dolphins....

1063. New health measures in effect as of today, Wednesday

New measures to contain the spread of Covid-19 and the Omicron variant are in effect as of Wednesday in Cyprus....

1064. East Med is ‘not a Turkish sea,’ president of French Senate tells Kathimerini

The East Mediterranean is not a Turkish sea and interoperability between the French and Greek armed forces is a factor that brings stability to the region...

1065. New health measures announced today

The Minister of Health, Michalis Hadjipandela, held a press conference today to announce new mandatory health measures in order to limit the spread of the coronavirus....

1066. The age of avatar meetings is just around the corner (video)

Video meetings could look very different in the near future, according to Microsoft co-founder Bill Gates....

1067. The licensing of block 5 to ExxonMobil and Qatar Energy is done

The Government of Cyprus and the joint venture ExxonMobil and Qatar Energy on Friday signed the Contract for Exploration and Proportional Allocation of Production and the Hydrocarbon Exploration License for block 5 in the Cyprus Exclusive Economic Zone (EEZ)....

1068. Cyprus to proceed with a tax reform in 2022

Cyprus will proceed with a tax reform next year, including the increase of corporate income tax and the introduction of green taxation with a view to achieving its environmental targets, Finance Minister Constantinos Petrides has said....

1069. Pfizer: Three doses of the vaccine does neutralize Omicron

The third dose of their Covid-19 vaccine neutralizes the Omicron variant, Pfizer Inc. announced in a joint statement with BioNTech SE....

1070. NETFLIX presenter locked up in Nicosia

Wrongfully convicted Raphael Rowe, the presenter in NETFLIX series ‘Inside the World’s Toughest Prisons’ has made it to Cyprus, where he is to be locked up for a week in Nicosia Central Prisons without a trial...

1071. K. Treppides & Co Ltd: Social Media and Investment Recommendations

It is commonly accepted that social media play a defining role in almost every aspect of our everyday life. ...

1072. New measures begin today

The new measures which were announced by the Minister of Health Michalis Hadjipantelas last Thursday to curb the spread of COVID-19, including compulsory PCR tests by all travelers upon their arrival into Cyprus, are in effect as of Monday....

1073. Clarifications Min. Health for the new measures - The exceptions for telework

In a written announcement, the Ministry of Health clarified the new measures that were decided upon during yesterday's meeting of the Council of Ministers....

1074. 50 people from a Christmas party in Norway infected with omicron variant

At least 50 people in and around Norway’s capital have been infected with the omicron coronavirus variant and the cases are connected to a Norwegian company’s Christmas party in an Oslo restaurant, officials said Thursday....

1075. A look into how some European states are treating the unvaccinated

Europe has been thrown into a battle of the fourth wave of the pandemic....

1076. Fintech companies and National Betting Authority forge framework of cooperation

The Association of Cyprus Electronic Money and Payment Institutions (ACEMPI) is happy to announce that its President, Mr Ioannis Georgoulas, recently met with the Chairwoman of the National Betting Authority (NBA), Ms Ioanna Fiakkou, to discuss matters of common interest....

1077. The technology sector can become the new mainstay of the Cypriot economy

These are some of the key conclusions that emerged from the findings of a survey conducted last October by IMR/University of Nicosia™ on behalf of the non-profit organisation TechIsland. ...

1078. Actualizing the ESG proposition The journey towards sustainability, resilience and purpose

1079. Cops ridiculed after assassination case falls flat

Three suspects in an alleged plot to assassinate a Limassol businessman walked free on Monday after prosecutors failed to find any evidence, with media pundits criticizing how police missed red flags by relying on a verbal complaint without vetting...

1080. Electric cars by MG have arrived in Cyprus

Michaels Electric Cars Ltd, the exclusive representative of MG MOTOR, inaugurated its new models, MG ZS EV, MG HS PLUG-IN HYBRID and MG 5 EV....