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1411. Ministry urges caution as new report shows burdened health system

Though Cyprus has managed to regain control over the spread of coronavirus, with daily cases fluctuating around the one hundred mark, the Health Ministry said Friday that transmission within the local community is ongoing and the healthcare system remains heavily burdened....

1412. Cyprus fires up engines as lockdown eases

The Republic of Cyprus launched on Monday a gradual unlock of a three-week lockdown, citing signs of improvement with fewer hospitalizations and a major ramp up in the state’s rapid testing strategy...

1413. Cyprus marks decrease in daily new cases, hospitalisations

A new national surveillance report issued Friday detailing the data behind coronavirus developments over the two-week period between January 13 and 26 showed a significant decrease in the number of daily cases and hospital admissions....

1414. Report shows Limassol takes lead in new cases detected

A fresh national surveillance report monitoring the development of the coronavirus pandemic showed that the majority of cases detected over the two week period spanning from January 6-19 involved Limassol residents....

1415. COVID-19 is adding new impetus to finance transformation

1416. Cyprus in ECDC red category

The European Centre for Disease Prevention and Control (ECDC) marked Cyprus in its red category along with most other EU countries, indicating that daily new coronavirus cases amount to 150 (or more) per 100,000 people....

1417. Your gateway to global investment opportunities

In the past, having resolved to ‘save for a rainy day’ financial well being, for many, took care of itself and your life’s goal was aided by interest earned on those monies, which saw your money working for you but the equation today is not so simple...

1418. Officials in the dark over mutation spread

Health officials in the Republic of Cyprus say the new strain of coronavirus, found initially in the UK and confirmed on the island last week, has spread in the community but an accurate picture of the problem remained unclear due to only a very small sample size being tested...

1419. Lockdown stance not clear in Cyprus

The number of hospitalized patients being treated for COVID-19 in the Republic of Cyprus has reached dangerous levels, with experts and government officials under criticism for lack of decisive action during the holidays...

1420. Cyprus confirms highly contagious strain

Health officials in the Republic of Cyprus have confirmed a new strain of the coronavirus found in the UK late last year has also been found on the island, with experts saying the new variant has a much higher infection rate...

1421. 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...

1422. Pressure mounts on EU drug regulator to approve Pfizer vaccine

Europe's drug regulator is under increasing pressure to quickly approve the Covid-19 vaccine developed by US giant Pfizer and Germany's BioNTech, officials said, as inoculations get started in Britain and the United States....

1423. 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....

1424. 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...

1425. KPMG survey shows biodiversity-related risk remains under-reported

While it is notable that 80% of the world’s 250 largest companies now report on sustainability, biodiversity-related risk remains significantly under-reported by the global business community...

1426. 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....

1427. Support schemes averted drastic rise in unemployment

The package launched by the government to support employees and businesses amid the coronavirus pandemic has averted a drastic rise in unemployment, labour minister Zeta Emilianidou said Thursday....

1428. Coronavirus report shows Nicosia, Larnaca situation deteriorating

A new national surveillance report published and presented on Friday by the government’s health advisory committee showed Limassol and Paphos are making epidemiological progress, but Nicosia and Larnaca are presenting higher rates of coronavirus transmission. ...

1429. Cyprus shoots its shot in race for vaccine

As the Republic of Cyprus expects to get one million of doses of the COVID-19 vaccine, President Anastasiades is calling for “common standards” as fierce competition overseas paints a gloomy picture on how countries go about to secure vaccinations for their citizens...

1430. Moderna’s coronavirus vaccine nearly 95% effective, early data shows

For the second time this month, there’s promising news from a Covid-19 vaccine candidate: Moderna said Monday its shots provide strong protection, a dash of hope against the grim backdrop of coronavirus surges in the US and around the world. ...

1431. Coronavirus case fatality risk in Cyprus stands at 0.6%

A national surveillance report published Friday showed that by November 8, the island’s pandemic had seen 33 coronavirus fatalities after 5,854 detected cases, indicating a case fatality rate of 0.6%....

1432. Support schemes added to fight lockdown consequences

Alongside the tough restriction measures that came into effect on Thursday, additional support schemes were announced by the ministers of finance and labour in a bid to cushion the inevitable economic blow....

1433. Pfizer, BioNTech say their Covid-19 vaccine is more than 90% effective

Pfizer Inc on Monday said its experimental vaccine was more than 90% effective in preventing Covid-19 based on initial data from a large study, a major victory in the fight against a pandemic that has killed over 1 million people, roiled the world’s economy and upended daily life....

1434. Experts present data behind coronavirus flare-up

Cyprus’ coronavirus experts presented the data behind the pandemic’s recent flare-up in a news conference on Friday....

1435. Cyprus takes another crack at COVID

President Nicos Anastasiades got personal in his address to the nation on Wednesday night, calling on citizens to do their fair share to stop the spread of the coronavirus while announcing stricter measures in all districts including a night curfew...

1436. Over 200,000 tonnes of plastic leaking into the Mediterranean each year

A new IUCN (International Union for Conservation of Nature) report finds that an estimated 229,000 tonnes of plastic is leaking into the Mediterranean Sea every year, equivalent to over 500 shipping containers each day. Unless significant measures are taken to address mismanaged waste, the main source of the leakage, this will at least double by 2040. ...

1437. Cyprus removed from UK's travel corridor

The British government has taken Cyprus off the list of travel exemptions, requiring travelers flying back from the island to the UK to self isolate for two weeks...

1438. Over 40% of coronavirus cases detected in past fortnight

In the last 14 days (11-24 October), 1,374 cases of coronavirus were diagnosed in Cyprus, which corresponds to 40.5% of the total cases (3,388) recorded until the October 24, according data published in the National Surveillance Report on Thursday, produced by the Epidemiological Surveillance Unit of the Ministry of Health....

1439. MBA scholarships at CIIM for Oil & Gas Management

1440. Cyprus downgrades four countries in updated travel list

The Republic of Cyprus on Tuesday downgraded four countries in its three-tier risk-based classification of countries, with the updated travel list to come into effect on October 9....