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UN studying Greek demands for action against Turley-Libya deal

The United Nations is studying a protest letter sent by Greece urging for action against the maritime border deal signed between Turkey and Libya’s internationally-backed government. “I can confirm that we received

12th December 2019
Energy

UN adopts resolutions on the oceans and seas, Turkey votes against

The UN General Assembly adopted two resolutions on the oceans and seas linked to the landmark 1982 United Nations Convention on the Law of the Sea, Turkey was the only member to

12th December 2019
Maritime

Campaign to save the Griffon Vulture in Cyprus

Conservationists have joined forces to provide a lifeline for the threatened Griffon Vulture through ‘LIFE with Vultures’, a new four-year project aiming to prevent the extinction of the species in Cyprus. The

12th December 2019
Life & Society

Global life insurance outlook is stable as insurers adapt to low interest rates, says Moody’s

The outlook for the global life insurance sector is stable, reflecting insurers’ solid regulatory capital and relatively conservative investment portfolios, and their efforts to adapt their products to a low interest rate

12th December 2019
World

Cyprus issues yellow warning for stormy weather

The Cyprus Met Office issued a yellow warning for heavy rain and stormy weather covering a 24-hour period until late afternoon on Thursday. Rain is expected in many areas across the island

12th December 2019
Cyprus

Cypriot civil engineers in Tirana to assist in post-earthquake inspections

A team of Cypriot civil engineers are in Tirana after the Cyprus Foreign Ministry consulted the Albanian government on how it could assist in post-earthquake building inspections following the 26 November quake.

11th December 2019
Cyprus

Nicosia expects firm stance from EU on Turkey-Libya deal

Cyprus President Nicos Anastasiades expects his EU partners to give a “clear position” on the MoU signed by Turkey and Libya on delimitation their maritime areas, during the European Council summit in

11th December 2019
Energy/Maritime

Limassol to see first wholesale outlet of Greek cash & carry

Limassol is to host the first wholesale outlet of the Greek chain Metro Cash & Carry, to be named BEST VALUE when it opens on 28 January. The ‘BEST VALUE for Professionals’

11th December 2019
Business

Cyprus seeks regional cooperation to tackle climate change

As a small country in a climate-affected region, Cyprus seeks regional cooperation to address global warming, said Environment Minister Costas Kadis at the UN Climate Change Conference (COP25) in Madrid. “Cyprus, a

11th December 2019
Cyprus

Cyprus, France and Italy to conduct naval exercise

Cyprus, France and Italy will conduct on Thursday a tripartite maritime cooperation naval exercise, called “CYP/FRA/IT 2019” in the island’s exclusive economic zone (EEZ). According to the Defence Ministry, the three countries

11th December 2019
Cyprus/Energy
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Latest News

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  • WTI rally slows down as Tehran leaves door open to diplomacy
  • Cyprus NPLs drop marginally to €830 mln
  • Gold under pressure on inflation, Iraq supplies, Iran crisis
  • Burnham should keep Miliband “out of the Treasury”

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WTI hits 6-week high of $86, as supply concerns rise

Oil prices continue rallying on Wednesday as hostilities in Iran

WTI rally slows down as Tehran leaves door open to diplomacy

West Texas Intermediate traded around $81.30 on Monday, down 0.54%

Cyprus NPLs drop marginally to €830 mln

Non-performing loans in Cyprus remained almost unchanged at €830 mln

Gold under pressure on inflation, Iraq supplies, Iran crisis

Gold is down 0.7% to near $4,030 in European trading

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