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961. EY acted as lead advisor to the Government of the Republic of Cyprus for the re-development of the Larnaca Port and Marina area

The Strategy and Transactions team of EY Cyprus undertook a lead financial advisory role on behalf of the Ministry of Transport, Communications and Works (“MTCW”) of the Republic of Cyprus in the successful completion of the transaction for the re-development of the Larnaca Port and Marina area between the Government of the Republic of Cyprus and Kition Ocean Holdings Ltd. ...

962. Cyprus rolls out ‘jab discount’ for hotel stays

Lodging businesses in the Republic of Cyprus have until Friday to apply for a state subsidy that would partially fund hotel stays for vacationers who got the vaccine or the state has a record of their recovery from COVID...

963. No concessions to Erdogan, says Bob Menendez

No concessions should be made to Turkish President Recep Tayyip Erdogan 'without a significant behavior change,' US Senator Bob Menendez, a Democrat and chairman of the powerful Senate Foreign Relations Committee, tells Kathimerini...

964. Legal departments face challenges in transformation efforts

Legal departments across the globe are facing a mounting list of operational challenges as they look to transform in the wake of complex digital and regulatory change, according to the 2021 EY Law Survey, which was conducted in collaboration with the Harvard Law School Center on the Legal Profession...

965. Fact sheet puts US-Cyprus ties at historic high

The US State Department’s latest fact sheet on the Republic of Cyprus heralds a bright future of cooperation between the countries, with relations between the superpower and the island nation described as being at a historic high...

966. EY: Liquidity-fueled IPO markets break records in Q1 2021

967. Odyssey leaves Cyprus after Haifa cancelation

Odyssey of the Seas sailed away from Cyprus on Tuesday after Royal Caribbean pulled the plug on operations out of Haifa, but Cypriot officials remain upbeat over cruise ships seeking a friendly port in Limassol...

968. Cyprus says two shots won't cut it

Cypriot scientists say an additional shot against the coronavirus could improve immunity for vaccinated people as well as fight against new variants, with the EU preparing to order booster vaccines despite warnings from the bloc’s drug regulator against making 'premature' moves...

969. 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...

970. 22 green points operating islandwide, 14 more in pipeline

There are 22 green points operating across Cyprus, Environment Minister Costas Kadis said on Thursday, adding that the aim is to set up another 14 large green points to accommodate densely populated areas and dozens more smaller drop-off points in rural areas....

971. Cyprus expecting 60,000 Covid doses this week

972. Cyprus appears upbeat in tourism challenge

Cypriot tourism officials are finding several reasons to be optimistic following resumption of flights and easing of restrictions, but industry experts find it a little harder to put on a brave face...

973. 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....

974. Health Minister shares concerning Covid data with Cabinet

Cyprus’ restrictions de-escalation strategy will be carefully implemented to avoid setbacks, Health Minister Constantinos Ioannou said on Tuesday...

975. Fence wars break out near buffer zone

Opposing camps have been making headlines recently over a controversial barbwire fence near the buffer zone, with one group cutting a piece of barbed wire and the other restoring it, with all caught on tape...

976. Anastasiades stays focused on getting EU at Geneva table

President Nicos Anastasiades delved extensively into the substantive role the EU has to play at upcoming Cyprus peace processes during a teleconference convened Friday by the European Council President Charles Michel with EU leaders....

977. EU frontline ministers talk migration in Athens

Cypriot Interior Minister Nicos Nouris is in Athens this weekend where he is attending a MED5 meeting on immigration, with some of the bloc’s Mediterranean members tackling issues stemming from Brussels’ new migration proposals that divide the union...

978. Cyprus to assume first Presidency term of EMGF

Cyprus will assume its first official Presidency term of the Eastern Mediterranean Gas Forum (EMGF) starting on January 2022, participants at the fourth EMGF ministerial meeting decided on Tuesday....

979. Cyprus FM express solidarity to Greece after 6.0 earthquake

Cyprus’ Foreign Minister Nikos Christodoulides contacted his Greek counterpart Nikos Dendias to whom he expressed the solidarity of the Cypriot people to Greece following the earthquake that struck Elassona, in central Greece, on Monday....

980. Health Minister concerned over rule flouters

Cyprus must continue to show good epidemiological figures before any more restrictions can be lifted safely, Health Minister Constantinos Ioannou said Monday....

981. Cyprus expects full vaccine coverage by early October

The Health Ministry’s vaccine strategy foresees the vaccination process to be completed by the end of September or early October, the acting director of the Cyprus nursing services administration Evagors Tampouris said Thursday....

982. 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....

983. Property valuations and uncertainty clauses

Property appraisers in this country have had to deal with unprecedented events in the last seven to eight years that forced them to make use of the so-called 'uncertainty clauses' in their real estate estimates...

984. Anastasiades joins EUCO summit prep with EU leaders

President Nicos Anastasiades participated on Tuesday in a teleconference with the President of the European Council and EU heads of state and government, in preparation for the extraordinary European Council summit to take place online on February 25-26. ...

985. Government announces new housing schemes and incentives

New housing schemes and incentives with an emphasis on rural areas and young people were announced on Wednesday by the government....

986. Health Minister escorts his mother to get AZ jab

In a symbolic act of support for Cyprus’ decision to administer the AstraZeneca jab to all ages, Health Minister Constantinos Ioannou accompanied his mother on Tuesday to the Engomi vaccination centre where she got her first AstraZeneca shot. ...

987. Thousands of jab appointments to open up for 74+

A total of 9,096 appointment slots will become available on the vaccination portal for those aged 74 and over at 9am on Wednesday, the Health Ministry announced....

988. Cyprus aiming for herd immunity by June

Health Minister Constantinos Ioannou said if Cyprus’ vaccination plan sticks to schedule then the island will achieve herd immunity by June, by which time some 500,000 people will get the jab against coronavirus....

989. Cyprus' new armoured vehicle in action

The first shots of the second squadron armoured vehicles dubbed Nora Alexander TGS were fired on Thursday at the Kiti shooting range in the presence of Defence Minister Charalambos Petrides, the Commander of the National Guard Lieutenant General Demokritos Zervakis and the Ambassador of Serbia to Cyprus Marko Blagojevic....

990. Medical Association calls for restriction of AZ jab to -65s

The scientific committee Cyprus Medical Association (CyMA), the professional organisation of doctors in Cyprus, called on the Health Ministry to re-evaluate its decision of allowing the AstraZeneca vaccine to be administered to the 65+ age groups, noting that there’s not enough scientific evidence to proving its effectiveness among these groups....