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FINANCE: RCB Bank and Mastercard launch innovative tokenization solution

RCB has added its flagship Mastercard multi-currency card products on its Digital Wallet, becoming the first bank in Cyprus to introduce Mastercard Digital Enablement Service (MDES). MDES is a service that allows

15th October 2019
Business

EUROPE: Cyprus has poor record in vocational education especially for women

Cyprus (17%) has the EU’s second-lowest proportion of pupils at upper secondary level enrolled in vocational education while it has the fewest number of females (23%) doing such courses. In 13 EU

14th October 2019
Business

EUROPE: EU agrees on sanctions targeting those involved in illegal Cyprus drills

EU Foreign Affairs Ministers agreed that restrictive measures targeting those involved in Turkey’s illegal drilling activity of hydrocarbons in Cyprus be put in place. They invited the EU Commission to swiftly present

14th October 2019
Cyprus

MARKETS: Trade war pause boosts risk assets

By Hussein Sayed, Chief Market Strategist at FXTM Investors who were desperate for positive news finally got some at the end of last week. After an ongoing US-China trade war that has

14th October 2019
Business

CYPRUS: Serious six MEPs make their mark in Brussels

In the grand scheme of things Cyprus’ six MEPs generally get lost in the shuffle when Europe’s great power brokers clash in the 751-member EU parliament where they are trying not to

14th October 2019
Cyprus

CYPRUS: Akinci under fire from Ankara after Syria comments

Turkish Cypriot leader Mustafa Akinci is in hot water with Ankara after calling for dialogue and diplomacy to prevail in the wake of Turkey’s military operation in Syria. In a post on

14th October 2019
Cyprus

CYPRUS: EUR 250 mln budgeted for e-government projects

Cyprus is stepping up efforts in digitalising the public sector by allocating some EUR 250 mln for e-government projects in next year’s budget. The 2020 budget prepared by the Finance Ministry foresees

14th October 2019
Business

EUROPE: Foreign Ministers mull sanctions against Turkey over Syria and Cyprus

Member States will see how far they are ready to go on imposing measures against Turkish military activities in Syria and illegal drillings in Cyprus, EU High Representative Federica Mogherini said in

14th October 2019
Cyprus

WEATHER: Warning over high levels of dust in Cyprus atmosphere

Cypriot authorities on Monday urged vulnerable groups to stay indoors due to a high concentration of dust levels in the Cyprus atmosphere. The public, especially children, older people, and those with breathing

14th October 2019
Cyprus

DEFENCE: Cyprus and France conduct military exercise in Cypriot waters

A French frigate and special forces of the Cyprus navy conducted successful military exercises within the Cypriot Exclusive Economic Zone of blocks 6,7,10 and 11, the Defence Ministry said. France’s Total has

14th October 2019
Cyprus
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Latest News

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

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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