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CYPRUS: Anastasiades to meet Akinci on August 9

President Nicos Anastasiades and Turkish Cypriot leader Mustafa Akinci are to hold an informal meeting at 10:30 am on August 9, with the two leaders looking to see if there is ground

22nd July 2019
Cyprus

CYPRUS: UCy monthly outlook lowers GDP growth to 3.4%

The growth momentum of the Cypriot economy is expected to moderate in 2019 and 2020, with real GDP growth projected to slow from 3.9% last year to 3.4% this year and to

22nd July 2019
Cyprus

MARKETS: Sentiment hit by Fed miscommunication

By Hussein Sayed, Chief Market Strategist at FXTM Equity markets kicked off the week in red on Monday with risk appetite appearing to be hurt by miscommunication from the Federal Reserve. The

22nd July 2019
Business

Cyprus-Greece EUR 3.5 bln electric cable \’ready to be awarded\’

. By Makis Georghiou   After a long wait that goes back seven years when it was first launched at the Hilton Park in Nicosia in January 2012, the contract to build

19th July 2019
Comment

CYPRUS: Stay away Russian tourists triggers 0.3% dip in June arrivals

As Cyprus struggles to match last year’s record of nearly 4 million tourist arrivals a fall from second largest market Russia has seen overall numbers drop in 2019. In June tourist arrivals

19th July 2019
Cyprus

FINANCE: CySEC and certified accountants sign MoU to fight money laundering

The Cyprus Securities and Exchange Commission (CySEC) and the Institute of Certified Public Accountants of Cyprus (ICPAC) signed MoU to tackle money laundering and terrorist financing. “On the basis of this MoU,

19th July 2019
Business

EUROPE: Cyprus has the lowest infant mortality rate in EU

Cyprus has the lowest infant mortality rate in the EU with 1.3 deaths per 1000 live births compared to the highest of 6.7. The highest infant mortality rates in the EU were

19th July 2019
Cyprus

MARKETS: Asian, US stocks rise as ‘swift’ Fed stimulus expected

By Han Tan, Market Analyst at FXTM Asian stocks are taking their cue from US counterparts to push higher, after Fed officials appeared to call for US monetary policy stimulus in the

19th July 2019
Business

CYPRUS: Man jailed for hit-and-run death of British tourist

A 35-year-old man was jailed by a Cyprus court for two-and-a-half years on Thursday for reckless driving in the hit-and-run death of a British tourist in the Cypriot resort of Paphos in

18th July 2019
Cyprus

ENERGY: Cyprus eyes 10 drills over the next two years

Energy Minister George Lakkotrypis said that over the next two years five exploratory and five confirmatory gas drills will be carried out in licensed blocks of Cyprus’ exclusive economic zone (EEZ). He

18th July 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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