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CYPRUS: Some 15,000 British expats applied for residence permits since Brexit vote

Nearly 15,000 British nationals have applied for residence permits in Cyprus since the 2016 Brexit referendum. Currently a total of 32,281 residence permits for UK citizens are in force, according to figures

25th September 2019
Cyprus

CYPRUS: Airfares to London and Athens spike 70% after Thomas Cook demise

Cypriots seeking a late holiday escape to London or Athens must dig deep into their pockets as airfares have shot up due to the island’s flight connectivity being stunted since Thomas Cook

25th September 2019
Cyprus

CYPRUS: Thomas Cook collapse mitigated due to rescue of subsidiaries

Initial estimates Cyprus tourism could lose €188 mln in annual revenue from the 250,000 tourists brought by Thomas Cook have been revised after news the firm’s subsidiaries will continue to operate. Deputy

24th September 2019
Business

CYPRUS: Diplomatic smiles but no handshake in Nikos and Mevlut chance meeting

Cyprus Foreign Minister Nikos Christodoulides bumped into his Turkish counterpart Mevlut Cavusoglu in New York for a prickly encounter with a rare exchange of words, diplomatic smiles but no cordial handshake. The

24th September 2019
Cyprus

TECHOLOGY: Bank of Cyprus to hold 3rd fintech hackathon

Bank of Cyprus will hold the “boc hackathon #fintech 3.0” in Nicosia next month focusing on the development and deployment of ground-breaking financial technologies (Fintech). The event will be held on October

24th September 2019
Business

BANKS: Qatar outlook stable as infrastructure spending drives growth

The outlook for Qatar's banking system remains stable as continued spending on the country's infrastructure projects will drive modest economic growth and support lending, Moody's Investors Service said in a report. "Higher

24th September 2019
Business

TRAVEL: Cyprus feels effects of Thomas Cook aftershocks as airfares soar

Cyprus is feeling the aftershocks caused by the collapse of global travel agent Thomas Cook with hotels once heavily dependent on customers from the company now in financial despair, while airfares soar.

24th September 2019
Cyprus

MARKETS: Investors take stock of global economy amid dismal EU data

By Han Tan, Market Analyst at FXTM Asian markets are pushing moderately higher Tuesday after the S&P closed unchanged, as investors are being fed more woeful signs about the global economy. Germany’s

24th September 2019
Business

ENVIRONMENT: Cyprus eyes key role in regional action against climate change

A Cyprus government initiative to coordinate climate change actions in the Eastern Mediterranean and the Middle East was given to the UN Secretary General Antonio Guterres during the Climate Action Summit. The

24th September 2019
Cyprus

TRAVEL: Four rescue flights from Cyprus to repatriate Thomas Cook passengers

Four rescue flights from Cyprus this week have been arranged to transfer some of the 15,000 stranded Thomas Cook passengers back home, according to airports operator Hermes. Due to Thomas Cook ceasing

24th September 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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