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1591. Cyprus, US officials mark 'watershed' moment in bilateral relations

Cypriot Foreign Minister Nicos Christodoulides and acting US Secretary of Homeland Security Chad Wolf attended the groundbreaking ceremony of the Cyprus Center for Land, Open-Seas and Port Security (CYCLOPS) took place in Larnaca on Monday, with the two officials lauding the strong partnership between Cyprus and the US as well as the crucial role that the training center will play in the region....

1592. Cyprus remains an attractive investment destination

Cyprus remains an attractive investment destination, especially among established investors ...

1593. The Greek scientist developing 6G

At the moment Greece is unveiling the 5G communications network, on the opposite end of Europe, a Greek professor, a communications engineer, is getting a grant from the European Research Council to develop 6G....

1594. Industrial/Logistics most attractive post COVID-19

Following the breakout of the COVID-19 pandemic, the Industrial/Logistics asset class has presently become the most attractive financing option for a majority of banks in Central & Eastern Europe, according to the results from the latest edition of KPMG’s Property Lending Barometer...

1595. Cyprus calls on Egypt to assist in persuading Turkey to shift intransigent stance

Cyprus President Nicos Anastasiades has asked the Egyptian government to exert every effort towards persuading Turkey to alter its intransigent stance and to reverse its unilateral and provocative actions, in view of ultimately easing of tensions in a consistent and sustained manner, allowing the cultivation of a climate that is conducive to facilitating the resumption of the peace process....

1596. New Chinese Ambassador hails deepening relations with Cyprus

China opposes any unilateral provocations and actions that undermine the peace and stability of Cyprus and the region and as a permanent member of the UN Security Council, it will continue to play a constructive and coordinating role in facilitating the settlement of the Cyprus problem, UNFICYP’s mandate renewal, and the implementation of relevant UN resolutions, to uphold fairness and justice for Cypriots, China's new Ambassador to Cyprus, Liu Yantao said, presenting on Thursday his credentials to Cyrpus President, Nicos Anastasiades....

1597. ‘Federation project no longer sustainable,’ Turkish FM tells Lute

Turkish Foreign Minister Mevlut Cavusoglu on Wednesday said that Ankara no longer considers the “federation project” for the reunification of Cyprus as a “sustainable” plan....

1598. Cyprus energy designs unaffected by Turkey's provations, President says

Cyprus President Nicos Anastasiades said Tuesday that that the Republic, as a sovereign and independent state and despite Turkey’s provocations, threats and illegal activities, is determined to go ahead with the implementation of its energy policy....

1599. Cyprus traffic cameras venture set in motion

The contract for the study, installation, and maintenance of the island’s new traffic camera system was signed on Monday, setting into motion the pilot phase of the project that was several years in the making....

1600. AstraZeneca hitches ride with Russia's Sputnik in vaccine race

AstraZeneca will start clinical trials to test a combination of its experimental Covid-19 vaccine with Russia's Sputnik V shot aimed at boosting the efficacy of the British drugmaker's vaccine, Russia's sovereign wealth fund said on Friday....

1601. Road worker dies in freak accident

A road worker was killed on the Limassol-Paphos highway on Tuesday after a van slammed into a road construction safety light, pinning the man underneath a maintenance truck...

1602. Cyprus, Greece and Jordan to step up cooperation

Cyprus, Greece and Jordan vowed Tuesday to further enhance their trilateral cooperation, which will cover defence and security issues as well as economic and trade cooperation....

1603. Turkey shrugs off effect of sanctions as EUCO looms

The intense consultations between European Union member-states on the bloc’s response to Turkish aggression in recent months are expected to continue until the 11th hour before the start of Thursday’s crucial leaders summit. ...

1604. Golden passport findings hard to come by

The president of the Cyprus Bar Association says he has received adequate information from the audit office in connection with golden passports, adding that other agencies and officials have refused to share their findings citing direct orders from the interior minister...

1605. State budget up in the air over golden passports

Opposition parties are cranking up the pressure on Interior Minister Nikos Nouris, who has been refusing to hand over files in connection with the golden passports scandal, with the Democratic Party making good on its promise not to vote the state budget later this month if there is no transparency...

1606. Government ups rhetoric against auditor

The Cypriot government hinted over the weekend it might refer the auditor general to the Supreme Court over “indecent” behaviour, after the audit office published yet another damning report alleging offences in a Cabinet decision to grant investor passports to individuals linked to a casino project without meeting the criteria...

1607. Cyprus drilling programme to resume in mid-2021

The Cyprus hydrocarbon exploration programme will resume in the second half of 2021, energy minister Natasa Pilides said Tuesday, noting however that the pandemic has rendered drilling projects “increasingly complex.”...

1608. Safe business and digitalisation in maritime

1609. ‘No going back’ on Varosha decision

Over 200 Varosha property owners are seeking to return to the divided island’s most popular ghost town, with Turkish Cypriots appearing ready to address Greek Cypriot grievances with or without a solution to the Cyprus problem, adding there is “no going back” on the plan to open the abandoned city...

1610. Israeli medical complex coming to Cyprus

A huge undertaking in Cyprus’ medical industry has been announced, with a local company saying they reached an agreement with Israel’s Hadassah Medical to set up a network of hospitals offering diagnostic, rehabilitative, and assisted living care on the island...

1611. Cyprus experiencing excessive macroeconomic imbalances

The European Commission said Wednesday that Cyprus continues to face excessive macroeconomic imbalances, particularly in view of the country’s very high percentage of non-performing loans that continue to plague the financial sector, but also in light of high private sector, government, and external debt....

1612. EAC crucial to Cyprus' energy reform, energy minister says

The role of the Electricity Authority Cyprus is crucial to both the implementation of the energy reform in Cyprus and the joint effort for sustainable economic development, which must now be interconnected with green energy, energy minister Natasa Pilides said, addressing an online press conference during which the EAC presented its annual report for 2019. ...

1613. Larnaca gearing up with flood prevention systems

Four meteorological stations were set up in Larnaca this year for better monitoring of the weather, allowing for more effective flood prevention...

1614. Ankara focused on getting recognition of north Cyprus

Well-informed sources in the Turkish capital and in the Turkish Cypriot community insist on the fact that the messages relayed during Sunday’s celebrations in the north are of particular importance for the future course of the Cyprus Problem. Returning to the well-known rhetoric of the division, Turkey once again brought to the fore strategies and moves for the Cyprus Problem that had been forgotten for several years....

1615. Cabinet approves national framework on smart cities strategy

The Cabinet approved the development of a national framework on the strategy and promotion of smart cities, after a proposal submitted by the Deputy Ministry of Research, Innovation and Digital Policy....

1616. KPMG says it will be net zero carbon by 2030

KPMG announced its intention to become a net-zero carbon organisation by 2030, as part of its continued focus on delivering growth in a sustainable way and providing climate solutions for member firms, clients and society...

1617. Cyprus, Israel, Greece agree to boost defense cooperation

The defense ministers of Greece, Israel and Cyprus agreed Thursday to step up military cooperation which they said will keep their armed forces better prepared, help create more jobs and bolster security in a fraught region. ...

1618. Elusive businessman with Cyprus ties pops up

The whereabouts of elusive Russian hedge fund manager German Lillevali, who was linked to a flurry of companies in Cyprus after he became a resident, are no longer a mystery after reports that he was detained in the US on an immigration violation but released due to overcrowding amid the coronavirus pandemic...

1619. Mitsotakis hails Cyprus, Greece, Egypt cooperation

Greek Prime Minister Kyriakos Mitsotakis hailed the importance of the trilateral cooperation between Greece, Cyprus and Egypt for ensuring peace and stability in the region....

1620. Varosha revamp ongoing at feverish pace

Preparations in Varosha ahead of the visit of the Turkish President and the leader of the Grey Wolves are continuing at a feverish pace. Turkish crews have begun work to upgrade the patch of Varosha to be visited by Recep Tayyip Erdogan, who will be accompanied by Devlet Bahçeli....