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781. Police hunt for supplier in cigarette racket

Cyprus police are making headway in the fight against the sale of illegal tobacco, with officials hoping a man's dramatic arrest over the weekend could help catch bigger fish and rein in the sale of untaxed cigarettes...

782. 10% reduction in electricity costs

The Minister of Energy, Trade and Industry, Ms. Natasa Pileidou, today announced a series of measures designed to ease the skyrocketing costs of electricity in households and business....

783. UFI code required for all chemical based products

According to GIS, as of January 2021, companies introducing new products into EU countries that contain harmful chemicals must have a UFI code....

784. Police seized thousands of items believed to be counterfeit

Police and customs officials in Larnaca have confiscated thousands of items believed to be counterfeit....

785. Jewel sets sail fully vaccinated from Limassol

The Jewel of the Seas sets sail from Limassol on Saturday marking the beginning of Royal Caribbean’s return to the Mediterranean, a bold move mid-pandemic after Cypriot authorities jumped on board to offer a helping hand to an industry desperately looking for a welcoming port...

786. Family businesses in Europe fared better in response to COVID-19

For businesses of all types, the first impact on the pandemic was felt on revenues. 64% of European family businesses reported initial revenue losses compared to 69% of family businesses globally, 25% managed to maintain their revenue levels, and 11% experienced increases...

787. Threedium sets sights on US market: A Cyprus Success Story in the Making

In April of 2017, five ambitious tech enthusiasts fresh out of university, of whom two were Cypriot, had a vision: to bridge the gap between online and in-store experiences by building a solution that would help customers better understand and evaluate the products they were browsing to buy...

788. Bankrupt Cyprus Mines saga continues

Insurers who could be left footing the bill for personal injury litigation against former talc miner Cyprus Mines Corporation are challenging the company's proposed candidate to represent future tort claimants...

789. 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...

790. Larnaca factory goes up in flames

A massive fire broke out at a factory in the Kelia industrial area in the Larnaca district on Thursday....

791. Commission officially registers halloumi PDO

The European Commission announced on Monday the official decision for the registration of halloumi/hellim as a protected designation of origin (PDO) product, protecting it against imitation and misuse across the EU....

792. Cypriot minister thanks heavy metal band

Heavy metal band Sabaton got high praise from Cypriot Transport Minister Yiannis Karousos this week over the Swedish group’s running their merchandise operations on the island, with the group saying they had some tips to speed up deliveries...

793. Islandwide rollout of 'pay as you throw' programme in 2022

The ‘pay as you throw’ programme is expected to be rolled out across Cyprus next year, President Nicos Anastasiades said Wednesday....

794. Adoption of halloumi PDO by mid-April, EC spokesperson says

The adoption and publication of halloumi and hellim as a Protected Designation of Origin (PDO) product is expected mid-April, Miriam Garcia Ferre, European Commission spokesperson for trade and agriculture said Tuesday....

795. Cyprus wraps up cheese that grills

Cypriot President Nicos Anastasiades says the registration of halloumi and hellim with the European Union is “to the benefit of all Cypriot producers, Greek and Turkish” following Monday’s designation for the famous cheese that grills but not without protests on both sides...

796. EU Commission gets halloumi PDO ball rolling

The European Commission has launched the process for a vote in the Quality Committee on March 26 on the Protected Designation of Origin (PDO) of the Halloumi/Hellim file, an EC spokesperson told the Cyprus News Agency (CNA) on Tuesday....

797. Cyprus moving forward with more relaxations

The Cabinet on Thursday agreed to move forward with a steady lifting of restrictions, as starting Monday each week will see additional relaxations culminating in the lifting of restrictions on food and drink businesses on March 16....

798. R&I ecosystems of Cyprus and Israel exchange expertise

Stakeholders of the Cyprus Research and Innovation ecosystem had the opportunity to gain a comprehensive view of Israel’s experience and expertise in the field of innovation and entrepreneurship, through a series of digital lectures that took place in January – February....

799. Illegal refrigerant seized in buffer zone

Three dozen boxes of refrigerant gas were seized by authorities in the buffer zone on Tuesday, with police saying the illegal goods had been stashed away in a remote area near Potamia village...

800. Cyprus receives first batch of 7,200 AstraZeneca doses

Cyprus received on Monday the first batch of 7,200 doses of the AstraZeneca coronavirus vaccine, of which the island expects to receive around 70,000 doses by the end of the month. ...

801. Cyprus launches new tourism schemes as arrivals plummet

Nine incentive schemes promoting the development and boosting of targeted forms of tourism were approved by Cabinet on Monday, when the Cyprus statistical service (Cystat) announced that Cyprus marked a 79.9% drop in arrivals in 2020 compared to the year before....

802. Policy priorities unaffected by pandemic, FinMin says

Despite the crisis of the Covid-19 pandemic Cyprus’ economic policies remain the same, targeting macroeconomic and financial stability, prudent fiscal policies, and establishing a competitive, business-friendly regulatory environment of high standards, Minister of Finance Constantinos Petrides said on Thursday....

803. EU asks AstraZeneca to publish contract

The European Union is asking AstraZeneca to publish the contract it signed with the bloc on Covid-19 vaccine supplies, an EU official said on Wednesday, in an escalation of the row over delivery delays...

804. Pournara residents protest harsh camp conditions

Asylum seekers living in the Pournara camp located at the outskirts of Nicosia staged a peaceful protest on Monday against the delays in the processing of their applications, as well as against the severe overcrowding and harsh conditions of life in the camp....

805. COVID-19 to disrupt holiday shopping plans

806. Disconnect on ethical AI priorities between public and private sectors

In the survey of 71 policymakers and more than 280 global organizations, respondents ranked ethical principles by importance for 12 different AI use cases, and sentiment was measured around the risk and regulation of AI...

807. EU criticizes 'hasty' UK approval of Covid-19 vaccine

The European Union criticised Britain's rapid approval of Pfizer and BioNTech's Covid-19 vaccine on Wednesday, saying its own procedure was more thorough, after Britain became the first western country to endorse a Covid-19 shot....

808. Pfizer-BioNTech seek EU emergency approval for Covid-19 vaccine

Pfizer Inc and BioNTech’s Covid-19 vaccine could be rolled out in Europe this month, the companies said on Tuesday after they applied for EU emergency approval for the shot...

809. Moderna to seek US, EU authorization for vaccine on Monday

Moderna Inc will apply for US and European emergency authorization for its Covid-19 vaccine on Monday after full results from a late-stage study showed it was 94.1% effective with no serious safety concerns, the company said....

810. Safe business and digitalisation in maritime