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ENERGY: Turkish Cypriots offered gas share if Turkey recognises Cyprus EEZ

In a move to de-escalate tension with Turkey, Cyprus President Nicos Anastasiades has offered Turkish Cypriots a share of possible gas revenues if Ankara recognises Nicosia’s energy exploration rights. This is a

4th September 2019
Cyprus

TECHNOLOGY: Cyprus to create Deputy Ministry of Innovation and Digital Policy

As part of its reform agenda, Cyprus will establish a Deputy Ministry of Innovation and Digital Policy next year following the cabinet’s decision to approve a bill to be tabled before parliament.

4th September 2019
Business

CYPRUS: Time to start mapping your child\’s school career

. IT is the start of the new school year and education is on the mind of every parent. Newspapers are carrying back-to-school articles, private schools are looking for students, private tutors

4th September 2019
Comment

CYPRUS: Businessman, scientist and politician receive exceptional service award

President Nicos Anastasiades has honoured three prominent Cypriots in the fields of business, politics and science, for their exceptional service to Cyprus, during a special ceremony. Recipients of the medal were founder

4th September 2019
Cyprus

TRAVEL: Cypriots spend big on foreign holidays

Cypriots are three times more likely to enjoy longer trips abroad than take their holidays in Cyprus while they spend an average €600 on their vacation, a figure only beaten by four

4th September 2019
Cyprus

MARKETS: Brexit uncertainty sends Sterling on a roller coaster ride

By Hussein Sayed, Chief Market Strategist at FXTM  Sterling weakened to a three-year low on Tuesday to trade below $1.20 as Prime Minister Boris Johnson threatened his own Tory MPs with deselection

4th September 2019
Business

TRAVEL: Cyprus Airways offering discounted flights

Larnaca-based Cyprus Airways is offering the opportunity to make big savings with discounts of up to 46% if tickets are booked over the next few days. The promotion launched 3 September ends

3rd September 2019
Business

CYPRUS: Population at risk of poverty or social exclusion declines to 23.9%

Those at risk of poverty or social exclusion in Cyprus has fallen to 23.9% (205,900 people) after reaching a peak of 28.9% as a consequence of the financial crisis. The government welcomed

3rd September 2019
Business

CYPRUS: Nicosia and Athens to coordinate on next steps in peace push

President Nicos Anastasiades will meet Greek Prime Minister Kyriakos Mitsotakis in Athens, next week to coordinate their actions on the next steps in efforts to resume UN-backed Cyprus problem talks. Government spokesman

3rd September 2019
Cyprus

CYPRUS: Amount of total new bank loans granted in July dropped 26.5%

Total amount of new loans given by Cypriot banks declined 26.5% or by €90 mln in July compared to June, according to Central Bank of Cyprus (CBC) data. In July, the amount

3rd September 2019
Business
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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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