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2881. Expanding Profitability and Strengthening Capital Position

Group Financial Results for the year ended December 31, 2022...

2882. Police enforcing smoking ban in closed spaces

Police and health officials in Cyprus have joined forces to launch a new campaign to combat smoking in closed spaces. The initiative, which began on April 28 and will run until June 17, aims to enforce the Health Protection Law and will involve inspections of nightclubs and other venues where smoking is prohibited....

2883. Sexual harassment now a separate disciplinary offence in police and fire brigade

The Council of Ministers unanimously approved a proposal from the Ministry of Justice and Public Order to classify sexual harassment as a separate disciplinary offense in the Police and Fire Brigade. The decision was made during a meeting held on Tuesday....

2884. More than 330,000 people displaced in Sudan due to conflict

Deadly conflicts in Sudan have displaced more than 330,000 people inside the country, while more than 100,000 have crossed the border to neighboring countries, the United Nations has announced....

2885. 100 Cypriot wines to feature new WineCore logo on packaging

The wine industry in Cyprus is at a turning point, as coordinated upgrading and promotion efforts are underway in both the private and public sectors. ...

2886. Turkey says it ‘KANN’ deliver on air defence

A fifth generation stealth fighter jet developed and produced in Turkey was shown off on Monday, with Ankara delivering on a promise made two years ago when the first indigenous engine was put to the test amid F16 restrictions...

2887. Russian wave heads north as sanctions pick up in Cyprus

Russian businesses in the Republic of Cyprus are rumored to be moving to the northern part of the island to avoid sanctions, amid reports that more Cypriot nationals in the south are expected to be added to a new list of 'Russian enablers'...

2888. 3,000 Ukrainian refugees to be evicted from hotels by end of month

Cypriot authorities plan to evict about 3,000 Ukrainian refugees currently living in hotels in Cyprus by the end of this month....

2889. Michael Kyprianou & Co LLC partners with IP expert Nick Kounoupias

Following the successful launch of Cyprus IP Day on April 26th, 2023 hosted at the firm’s Nicosia office, which saw a number of local and international speakers share their insight and knowledge on the subject of Intellectual Property (IP), and provided innovators, entrepreneurs, and businesses with an opportunity to connect with IP experts, Michael Kyprianou & Co LLC announces the newly formed partnership with one of the speakers at Cyprus IP Day, UK IP Champion and IP expert Nick Kounoupias....

2890. Russian officials attempt to link cultural centre fire to malicious activity

According to the competent authorities of the Republic of Cyprus, the fire that broke out at the Russian Cultural Centre on Wednesday afternoon was determined to be caused by human error, specifically by a cigarette lighter. ...

2891. Turkish Cypriot entrepreneur purchases hotels in closed Famagusta

Yeni Bakis reported today that a Turkish Cypriot entrepreneur claims to have purchased three hotels and two floors of apartment buildings from their Greek Cypriot proprietors in the closed Famagusta. ...

2892. Akar singles out Menendez as Ankara cosies up to Athens

Turkey’s defense minister has described his recent talks with his Greek counterpart, Nikos Panagiotopoulos, as very constructive and honest and said all issues were discussed in an open manner...

2893. Greek American think tank reaffirms Cyprus commitment

The American Hellenic Institute says it is committed to continuing to strengthen US-Cyprus relations, following a visit by delegates to the island to emphasize military ties between the two countries...

2894. Search for answers in Russian fire probe continues

Law enforcement authorities in Nicosia are still conducting an investigation into a fire at the Russian Centre of Culture and Science, with diplomats from both countries waiting for official word on whether it was an accident or arson...

2895. Household electricity and gas prices surge across EU in 2022

In the second half of 2022, average household electricity prices in the EU continued to show a sharp increase compared with the same period in 2021, from 23.5 euros per 100 kWh to 28.4 euros per 100 kWh in the EU, and from 23.0 euros per 100 kWh to 32.6 euro per 100 kWh in Cyprus, according to data released by Eurostat, the statistical service of the EU....

2896. Last Cypriot citizen arrives from Sudan by plane while others travel by car to Egypt

The last Cypriot citizen arrived from Sudan by plane late on Wednesday evening while the arrival of seven people who were traveling to Egypt by car is also expected,...

2897. Cyprus outlines new approach to gender equality

Cyprus ranks 22nd out of 27 EU Member States in terms of gender equality, according to the European Institute for Gender Equality's Indicators, said Commissioner for Gender Equality Josie Christodoulou....

2898. EC proposes major reforms to create single market for medicines

The European Commission has proposed a new single market for medicines in the European Union (EU) to create an attractive and innovation-friendly environment for the research, development, and production of medicines....

2899. WHO leads regional effort to improve health and well-being of refugees and migrants

2900. Safeguarding First Responders on duty

The rapid evolution of technology is bringing huge and beneficial changes in all areas and the rescue sector isn't an exception. ...

2901. Davis Cup playoffs return to Cyprus

The Cypriot Davis Cup Team will fight in Cyprus for qualification at the European Zone Group B promotion play-offs....

2902. Russia-Ukraine conference bogged down over Cyprus

Another odd exchange about Cyprus with references to age and sexism ended up crashing an international conference on Russia and Ukraine on Monday in Prague, where Cypriot House Speaker Annita Demetriou took exception to her Turkish counterpart’s response after he took issue with her Turkish-Russian invasion analogy...

2903. Nicosia to take up resolution on Soviet famine in Ukraine

Cypriot House Speaker Annita Demetriou told her Ukrainian counterpart over the weekend that Turkey ought not to assume any mediator role in international conflicts, as Kiev continues to call on EU capitals to stay the course against Russia...

2904. The Turkish formula for Cyprus is challenging

A complex equation for the Cyprus problem is foreseen by circles at the EU headquarters, regardless of who wins Turkey's elections. This is because neither of the two main candidates, Tayyip Erdogan nor Kemal Kilicdaroglu, has the resolution of the Cyprus problem on their agenda. ...

2905. The real estate industry's crucial turning point

The European Parliament recently approved a new bill that aims to tackle climate change by reducing carbon emissions. This new legislation has significant implications for the property markets in Cyprus and Greece, where there is a large stock of buildings over 30 years old and requiring energy upgrades....

2906. Cypriot hourly wages still below EU average

In 2022, the average hourly wages and salaries in the whole economy were estimated to be 15.6 euros in Cyprus, 22.9 euros in the EU and 25.5 euros in the euro area, according to data released by Eurostat, the statistical service of the EU. Compared with 2021, they increased by 7.5% in Cyprus, by 4.4% in the EU and by 4.0% in the euro area...

2907. EU lawmakers pass proposals to address migration crisis

European Union lawmakers on Thursday approved a series of proposals aimed at ending the yearslong standoff over how best to manage migration, a conundrum that has provoked one of the bloc’s biggest political crises....

2908. Nicosia launches special unit to sift through sanctions

No derogation from EU sanctions will be tolerated, President of the Republic Nikos Christodoulides stressed on Wednesday during a meeting at the Presidential Palace on the sanctions imposed by the US and the UK against natural and legal persons from Cyprus. The President was also informed about the procedures to establish the National Sanctions Implementation Unit...

2909. Greece admits Predator sale to Sudan but denies implication

A private airplane that flew from Cyprus to Sudan last year had delivered the infamous Predator surveillance software, with the Greek government admitting the export but denying any involvement in the ongoing civil war there...

2910. Greece hires law firm to block Turkey's 'Turkaegean' trademark

Greece is attempting to prevent Turkey from trademarking its "Turkaegean" campaign used for tourism in the United States and the European Union. ...