Search

1081. Cyprus makes the case for regional headquartering

Cyprus has emerged as a serious contender in the world of international investment, putting a conference in Limassol next week in a unique position to promote the island as a regional headquartering centre...

1082. Trump warns Syria, Russia and Iran not to attack Idlib

1083. Greek seamen to stage fresh 24-hour strike

Greek seamen have decided to stage a fresh 24-hour strike after their union on Monday rejected an offer for a 2 percent annual pay hike following negotiations with the sector’s employers, Kathimerini understands....

1084. Cyprus goes all out in the maritime insurance game

Cyprus has been a serious contender in the maritime and shipping industry, but recently it emerged as one of few unbeatable alternatives for big foreign P&I clubs looking to set shop home away from home...

1085. Light reshuffle seeks balance

Prime Minister Alexis Tsipras gave his cabinet a light reshuffle on Tuesday, promoting certain close associates and bringing in some new faces while keeping key ministry posts untouched....

1086. Ozersay accuses south of putting the clamps on north

A Turkish Cypriot top official has accused the Foreign Ministry of the Republic of Cyprus of unfairly targeting the shipping industry and universities in the north at a time when there are calls for better relations between the two communities...

1087. Odysseas says Harris was being stubborn

The auditor general is pointing fingers at the finance ministry’s handling of the Cyprus Cooperative Bank affair, telling an independent investigation committee that some actions were misleading...

1088. Prometheus sails into Limassol port

Navy enthusiasts will have a chance to go on board the Greek support ship HS Prometheus, which is making a stop in Cyprus this week...

1089. Stephen Lillie: There is only plan A for Cyprus

There is a clear plan A for Cyprus, that of a bi-zonal, bi-communal federation solution, and there is no plan B, UK High Commissioner in Nicosia, Stephen Lillie, has told the Cyprus News Agency (CNA), stressing that “for plan A to succeed the negotiations need to be well prepared, and the public opinion needs to be well prepared” as well....

1090. UK ship insurer setting up Cyprus office over Brexit

British ship insurer London P&I Club is setting up a new subsidiary in Cyprus to ensure continued access to trade in the European Union in case Britain loses single market access...

1091. Cyprus sounding neighbours out over Israeli pier

Israel has asked Cyprus to examine the possibility of establishing a shipping point on the island for sending goods to the Gaza Strip, a Cypriot government spokesman said this week...

1092. G.A.P. Vassilopoulos Group strikes a deal with UPS

G.A.P. VASSILOPOULOS Group has entered into an agreement to be the authorized service contractor for UPS in Cyprus as of July 1st 2018...

1093. Conference on Funds & Cryptocurrencies, a success

A half day Conference with the subject of “Funds & Cryptocurrencies: The Development and the Technology” was successfully completed for a second consecutive year, on the 14th of June 2018 at the Four Seasons Hotel in Limassol...

1094. Turkish ship to begin drilling for gas in Eastern Mediterranean

The Turkish drillship Fatih was to set sail on Thursday from the Gulf of Izmit for the eastern Mediterranean to begin exploration for oil and gas....

1095. President says Cyprus ready for the maritime challenge

Cyprus is once again showing its strength in the maritime industry, with President Nicos Anastasiades reiterating government support for what he called ‘one of the most important priorities’ of his administration...

1096. Korean-Hellenic ship forum to highlight ties

The “Korean-Hellenic Maritime Cooperation Forum,” to be held on Wednesday, June 6, in the context of the Posidonia 2018 shipping fair next to Athens International Airport, is expected to draw quite a crowd and will highlight the long-standing cooperation between the two nations in the maritime sector....

1097. Greeks control 20% of global merchant fleet

Greek shipping remains a global leader, controlling 20 percent of the global fleet in deadweight tons (dwt), according to the Union of Greek Shipowners’ annual report for 2017-18...

1098. Cyprus forecasts high GDP growth of 3% plus until 2021

High growth rates exceeding 3% of the GDP and high primary surpluses are projected until the year 2021 in the Strategic Fiscal Policy Framework (SFPF) 2019-2021, which was approved by the cabinet...

1099. Cyprus wants to be a film industry contender

The Cyprus government wants to cut red tape that keeps film producers at bay, with a new bill in parliament aimed at attracting foreign companies that could choose the island for the next blockbuster...

1100. Cyprus, Malta, Greece want red tape cut to boost shipping

The shipping ministers of Cyprus, Malta and Greece say they want the European Union to cut red tape holding back growth in the sector, which they say provides 2.1 million jobs and 142 billion euros to Europe's economy...

1101. Cyprus energy search – averting a US-Turkey crisis

Cyprus continues to proceed with offshore oil and gas projects despite Turkey's opposition...

1102. EasyJet founder wealthiest Cypriot in the UK

The Sunday Times published the names of 1000 richest people in the UK, with easyJet founder Stelios Hadjioannou topping the list among Cypriots...

1103. Greece's Souda Bay naval base is ‘world-class’

Greece’s military base in Souda Bay, Crete, is an “essential hub” for NATO operations in the Mediterranean, combining world-class facilities with access to North Africa, the Commander of Allied Joint Force Command Naples and US Naval Forces Europe and Africa, US Navy Admiral James Foggo....

1104. UN frustrated over Turkey stalling on envoy to Cyprus

Ankara’s reluctance to give the green light for the arrival of Jane Holl Lute in Cyprus, as the Secretary-General’s personal envoy to probe the potential resumption of settlement talks is causing frustration at the United Nations...

1105. Russia backs off supplying Syria with S-300 missiles

Russia is not in talks with the Syrian government about supplying advanced S-300 ground-to-air missiles and does not think they are needed, the Izvestia daily cited a top Kremlin aide as saying on Friday, in an apparent U-turn by Moscow...

1106. Trump seeks 'very meaningful' summit in with N. Korea

US President Donald Trump has high hopes of “doing something very meaningful” to curtail North Korea’s nuclear ambitions at a summit in Singapore next month, after Pyongyang smoothed the way for talks by freeing three American prisoner...

1107. First shipping minister sets ambitious targets for Cyprus

The country’s location and tax system have made it a shipping magnet -- drawing maritime companies from Norway, Greece, Dubai and South Korea -- and prompting the creation of a ministry for the industry...

1108. Iran poses a 'threat' in the East Med

Israel’s Prime Minister Benjamin Netanyahu says that Iran constitutes a threat against every country in the Mediterranean and it is in the interest of everyone to “prevent the aggression.”...

1109. Greece's new startup culture: technology and seagrass sunglasses

Greek student Stavros Tsompanidis was walking on a beach when he saw a business idea in the piles of dried-up seagrass...

1110. Passenger terminal marks new era

A new passenger terminal at Limassol port paves the way for a new era in tourism and maritime industries for the southern town and Cyprus...