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6391. Nicosia looks forward to hosting next 3+1 summit

During a reception held by the Embassy of Israel in Nicosia to commemorate Israel's 75th independence anniversary, Cyprus's Defense Minister, Michalis Giorgallas, expressed that Nicosia eagerly looks forward to hosting the next political level 3+1 meeting involving Cyprus, Greece, Israel, and the USA before the year's end. Additionally, Cyprus plans to host the 9th Cyprus, Greece, and Israel Trilateral Summit in 2023....

6392. EY: 4th Women Fit for Business Program Successfully Completed

6393. Canada and Saudi Arabia restore diplomatic ties after 6 years

Canada and Saudi Arabia have agreed to restore full diplomatic ties and appoint new ambassadors, both countries said on Wednesday, bringing to a close a 2018 dispute that damaged relations and trade....

6394. Cyprus exits enhanced surveillance ten years after crisis

Ten years after the financial crisis Cyprus has exited the European Commission’s excessive imbalances procedure (EIP), on the basis of EU documents issued under the spring package of the 2023 European Semester...

6395. All hell breaks loose as House probes match fixing

All hell broke loose during a House ethics committee hearing on Wednesday, when lawmakers heard troubling allegations about match fixing in Cyprus after a whistleblower publicly accused former president Nicos Anastasiades of interfering with a probe...

6396. Legendary rock icon Tina Turner dead at 83

Tina Turner, the American-born singer who left a hardscrabble farming community and abusive relationship to become one of the top recording artists of all time, died on Wednesday at the age of 83....

6397. Cyprus economy continues to shine in April

The Cyprus Composite Leading Economic Index (CCLEI) continued its positive year-over-year growth trend in April 2023, providing further support for the economic forecasts of the Cypriot economy....

6398. Australian citizens collaborate to repatriate Cypriot treasures

Thirty-six (36) Cypriot antiquities were successfully repatriated from Australia on May 20, thanks to the generous initiative of Australian citizens who voluntarily returned the antiquities in their possession to Cyprus....

6399. Real estate: A closer look at prices and rental trends

With the chapter on imposing a reduced VAT rate of 5% on primary residences as a social policy measure finally moving towards resolution, an unresolved issue that has been lingering in the real estate market for years is being addressed....

6400. Terkenlis confectionery chain shuts down in Cyprus

After operating in Cyprus for four years, the Terkenlis confectionery chain has made the decision to close its doors. Over the past two weeks, the company has ceased operations and deactivated its social media presence....

6401. EBA tightens its grip in response to sanctions

Following the uproar caused by the lists of sanctions issued by the US, UK, and European authorities, the European Banking Authority (EBA) is tightening its standards in response. ...

6402. Cyprus wages charm offensive on Turkmenistan

Nicosia’s ambassador to Turkmenistan presented his credentials this week, with the Cypriot diplomat who holds multiple ambassadorships in Central Asia already waging a charm offensive in a capital known for seeking neutrality on the global stage...

6403. Nicosia ups voice during defense meeting in Brussels

Defence Minister Michalis Giorgallas stressed that EU - NATO needs to take place on an equal footing for all member states, speaking after the conclusion of the Foreign Affairs Council which was held in Brussels on Tuesday in its Defence Ministers configuration...

6404. British-Cypriot forex boss found guilty of fraud

A jury in a London court has found a forex trader of Cypriot origin guilty of fraud....

6405. Pope sends top sex crimes investigator to Bolivia

Pope Francis has sent one of his top sex crimes investigators to Bolivia at a time when the Andean nation is being shaken by an escalating pedophilia scandal involving priests....

6406. Christodoulides: Shift allowances and overtime compensation from 2024

President Nikos Christodoulides addressed the 60th Congress of PASYDY, the Civil Servants' Trade Union, where he discussed significant developments regarding the restoration of shift allowances and overtime compensation for civil servants....

6407. Cyprus Cancer Research Institute: Scientific bridge between Europe and Cyprus

An important project for science and humanity was inaugurated on Monday, May 22, at the University of Cyprus campus, the "Nicola David – Pinedo Building" of the Cyprus Cancer Research Institute (CCRI), made possible thanks to the donation of Georgios and Kaiti David in memory of their daughter Nikola, who passed away in 2016 due to cancer....

6408. Spain harnesses renewable energy to fuel the entire country's needs for 9 hours straight

Spain is among a handful of countries leading the world in the push toward renewable energy. And last week it reached a new milestone....

6409. Face recognition to replace boarding passes at Berlin airport

Berlin Brandenburg Airport has introduced a new digital service for biometric access control, making it easier for travelers to go through the controls....

6410. Kyriakides: 'Our goal now, medicines for all'

"I have always envisioned a European Health Union, where the European Union would be intimately connected to every citizen regarding health matters....

6411. Restoring a wounded reputation

Last March, a publication by the Financial Times revealed the move of three shareholders of PWC Cyprus to resign from the audit firm and establish the company Kiteserve. ...

6412. May Newsletter of K. Treppides & Co Ltd: CySEC

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....

6413. Conservatives in Greece win big

Prime Minister Kyriakos Mitsotakis, whose conservative party won a landslide election victory Sunday but without enough parliamentary seats to form a government, indicated he will seek a second election hoping to consolidate his victory without the need for a coalition partner...

6414. FBI agents set up shop in Cyprus

The Federal Bureau of Investigation is reportedly setting up shop in the Republic of Cyprus, with the move taking place as US-Cypriot cooperation has been expanding on multiple levels...

6415. Nicosia begs to differ with ENI boss on EastMed

The Cypriot government says it does not share views on EastMed gas made by ENI boss Claudio Descalzi, who told Italian lawmakers an eastern Mediterranean gas project cannot go forward without Turkey, with Nicosia begging to differ and pointing to other companies willing to take the risk...

6416. Italians come clean on EastMed gas

Turkey cannot be left out of the natural gas game in the eastern Mediterranean according to ENI’s newly re-elected CEO Claudio Descalzi, whose recent comments during a parliamentary hearing committee echoed latest developments but also gave credence to Rome’s previous doubts over Cypriot endeavors that bypass Ankara...

6417. US publishes new sanctions list with Cypriot entities, raises concerns

In a recent development, the United States released a new sanctions list on Friday (19/05), which includes the names of several Cypriot citizens and entities....

6418. Seized titanium en route to Iran

Titanium rods and high-tech lathes, which are raw materials that can have civilian, commercial, but also military use, have been seized by customs officers at the port of Piraeus....

6419. Henry Kissinger warns of looming peril: U.S.-China tensions and the AI arms race

U.S.-China tensions have been called a repeat of Cold War-era dynamics. But a more apt comparison may be the years preceding World War I when much of Europe was sitting on a powder keg of hostilities and overlapping territorial claims that required only two bullets to ignite. ...

6420. Cyprus and Netherlands seal double taxation deal

Cyprus' Minister of Finance, Makis Keravnos, expressed his satisfaction for the conclusion of negotiations on a double taxation avoidance agreement with the Netherlands in a meeting Thursday with the Ambassador of the Netherlands in Cyprus, Elke Merks-Schaapveld, according to a press release by the Ministry of Finance....