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3751. Cyprus signs deal for offshore gas concession

Cyprus and the Aphrodite consortium on Thursday signed an exploitation license and a revised production sharing contract, aiming to start natural gas production in 2025, generating projected revenues of $9.3 billion for a period of eighteen years ...

3752. Where is Malaysian fugitive financier Jho Low

There is plenty of speculation in the media over the whereabouts of fugitive financier Jho Low, with the Malaysian inspector general saying he could resort to “unorthodox methods” to get him back...

3753. Senator urges Trump to stand Erdogan up

US Senator Bob Menendez has called on President Trump to cancel any invitation to Recep Tayyip Erdogan to the White House until the Turkish President commits himself to upholding democratic values...

3754. Kurd arrested north on terrorism charges

A man of Kurdish origins who has been arrested by Turkish Cypriot police in the north is accused of being a member of a terrorist organization...

3755. Financier's Cypriot passport rocks the boat

A well-known Malaysian financier wanted by authorities in several countries appears to have obtained a Cypriot passport following recommendations from Archbishop Chrysostomos who cited investment opportunities...

3756. Cypriot FM bets on economic diplomacy

Economic diplomacy is indispensable, Minister of Foreign Affairs Nikos Christodoulides said on Wednesday, adding the Foreign Ministry has elevated economic diplomacy to one of its top priorities...

3757. Cypriot NGO celebrates EU day for fighting Human Trafficking

The 18th of October is the EU day for fighting Human Trafficking. The NGO Cyprus Stop Trafficking (CyST) organised an event in Nicosia on the day, in order to increase awareness of this big problem occurring in Cyprus...

3758. Property Gallery Announces Partnerships with Local Sports Teams

In its ongoing efforts to make positive contributions to the local community, leading Limassol property developer, Property Gallery, is proud to announce that it has signed on to sponsor two local sports teams...

3759. Cypriot president reiterates energy goals

President Nicos Anastasiades stressed that the Republic of Cyprus is determined to proceed unhindered with its energy plans and to make good use of the gas reserves that have been discovered, as a source of regional economic cooperation, growth and prosperity...

3760. Three international firms to perform due diligence checks for people granted citizenship before 2018

Cyprus Interior Minister Constantinos Petrides has told the Cyprus News Agency (CNA) that the Interior Ministry will proceed, in cooperation with three international specialized firms, to due diligence checks for the cases of people granted Cypriot citizenship before 2018, when stricter checks entered into force....

3761. Inbound plane diverts due to weather

A flight from Skopje was diverted to Paphos on Wednesday evening to weather the storm on the tarmac as a thunderstorm was passing through over Larnaca skies...

3762. Anti-Money Laundering and Terrorist Financing Preventing Framework: Legislation Gaps

Over the last years, the EU has developed a solid regulatory framework for preventing money laundering and terrorist financing. However, these rules are not always able to capture the growing technological developments and potential gaps that can be exploited by criminals...

3763. Turkey criticized over Syria offensive during EP debate

Turkey was heavily criticized on Wednesday for its military operation in north-east Syria, during a debate at the European Parliament plenary, in Strasbourg, while a relevant resolution is expected to be adopted on Thursday....

3764. EU lawmakers reject Turkey's 'safe zone' in Syria, eye sanctions steps

European Union lawmakers on Wednesday condemned Turkey’s offensive to carve out a “safe zone” in northeast Syria and prepared the way for new EU financial sanctions against Ankara....

3765. PwC: Fear of automation greatest among those getting fewest opportunities to upskill

3766. EU heads come through on Turkey conclusions

The European Council endorses the Foreign Affairs Council conclusions on Turkey’s drilling and reaffirms its solidarity with Cyprus, according to the conclusions adopted after the first day of the EU leaders Summit in Brussels...

3767. Dutch police arrest Cypriot wanted man

Dutch police have arrested a Limassol cafeteria owner who was wanted by Cypriot authorities in connection with the fatal drug overdose of a teenager last year...

3768. Tell-all interview with Christopher Pincher

Brexit would not change the relationship between the United Kingdom and Cyprus, according to British Minister Christopher Pincher, who gave a tell-all interview to Kathimerini Cyprus...

3769. Nicosia awaits EU council decisions on Turkey

The President of Cyprus Nicos Anastasiades expressed on Tuesday his satisfaction over the decision of EU Foreign Ministers with regard to Turkey’s illegal drilling activities in the Eastern Mediterranean, and said he expected the European Council to endorse sanctions in its upcoming meeting...

3770. Cypriot president: Turkish offensive ‘unjustified’

President Nicos Anastasiades has described the Turkish military offensive in Syria as “unlawful and arbitrary"...

3771. Financial Services towards Artificial Intelligence and Machine Learning

Artificial Intelligence in general and machine learning in particular, is not a new concept, but it is only in recent years that financial services firms have started to learn about and understand its full potential...

3772. Egypt, Cyprus, Greece condemn gas exploration by Turkey

Egypt, Cyprus, and Greece are condemning an "unlawful and unacceptable" bid by Turkey to drill inside waters where Cyprus has exclusive economic rights....

3773. Cairo summit underway

A summit held between Cyprus, Greece, and Egypt was taking place Tuesday in Cairo, with President Anastasiades drawing attention to international law amidst challenges posed by Turkish drilling off the island’s southern coast...

3774. Pompeo opts for diplomacy over Cyprus EEZ

The new defense deal signed between Athens and Washington will contribute to Greece’s security, US Secretary of State Mike Pompeo told Kathimerini in a recent interview, while staying firm on diplomatic efforts regarding Cyprus' EEZ...

3775. Greece says EU to decide response to Turkey's Cyprus drilling

Greece's foreign minister says top diplomats from European Union member states will decide next week on how to respond to Turkey's bid to drill for gas in waters where Cyprus has licensed European energy companies to conduct a hydrocarbons search....

3776. Turkish jets fly over Greek islets

Two Turkish F-16 fighter jets flew over the Anthropofagi and Makronisi chain of islets in the eastern Aegean the Hellenic National Defense General Staff (GEETHA) said Monday....

3777. Yavuz to start drilling off Cyprus

Turkish Energy Minister Fatih Donmez on Monday says Yavuz will start drilling for hydrocarbon deposits within Cyprus’ exclusive economic zone “today or tomorrow,” in what Nicosia says is a “serious escalation” by Ankara...

3778. Maritime Cyprus kicks off in Limassol

Maritime Cyprus 2019 Conference kicks off Monday in Limassol with the participation of more than 800 shipping executives from around the globe...

3779. Turkish ships disturb Cypriot waters

Nicosia and Athens are calling on Turkey to back off following Ankara’s decision to send more ships off the southern coast of Cyprus...

3780. UK deplores any drilling in the waters close to Cyprus, supports Cyprus' right to extract oils

Britain deplores any drilling in the waters close to Cyprus and supports Cyprus’ right to extract oils in its Exclusive Economic Zone, British Minister for Europe Christopher Pincher, said on Friday, adding at the same time that the oil wealth should be extracted for the benefit of all Cypriots on the island of Cyprus....