By Hussein Sayed, Chief Market Strategist at FXTM US stocks reached a new record high on Friday, with the S&P 500 closing at 3,066.9 after solid employment data showed the US economy
Greece’s Energean announced the successful appraisal of Israel’s Karish North Discovery, confirming best estimate recoverable gas resources of 0.9 Tcf (25 BCM) plus 34 mln barrels of light oil. The oil and
Despite Cyprus containing the fallout from the collapse of UK tour operator Thomas Cook, Paphos has taken a huge hit with a majority (64%) of hotels shutting down for the winter season.
Cyprus municipalities have given the green light to a key government reform of Local Authorities that will see their bloated number shrink. The reform bill seeks to halve the number of municipalities
Cyprus is not only failing to reduce CO2 emissions; it tops the EU list for the highest use of petrol-powered cars at 84% with electric vehicles nowhere to be seen in the
. After pending for 8 years a proposed Famagusta region golf course seems to have a chance of getting the go-ahead (be it that it will take another 1-2 years to have
. A driver posting a video of controlling a car with his feet did the rounds on social media platforms, prompting the police to issue a stern warning that driving like a
A Cyprus leader in juice and squashes, KEAN celebrating seven decades in the industry is looking to expand its activities in the food and beverages market by introducing new products to satisfy
Cyprus’ ESTIA scheme to subsidise borrowers with toxic mortgages is failing to generate the expected interest with less than 3% of loan defaulters applying for government help. ESTIA was launched in
. A pointless discussion has resurfaced about the need to build a tramway for Nicosia while no one talks about why people shun public transport, especially the buses that have renewed fleets,
