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CYPRUS: Foreign Ministry intervenes to bring home stranded J&P staff

Following the closure of J&P Overseas and its subsidiaries, the Ministry of Foreign Affairs is reaching out to around 200 unemployed Cypriot workers stuck in Saudi Arabia, with a diplomat flying to

26th November 2018
Cyprus

ENERGY: Total and ENI seek to expand Cyprus oil & gas search

Energy giants Total and Eni have submitted a joint bid for another license to explore and exploit oil and gas offshore Cyprus despite warnings from Turkey, Cypriot authorities said Monday. In October,

26th November 2018
Cyprus

CYPRUS: Nearly 60% of female victims of violence do not report it

Nearly 60% of the women who are victims of violence in Cyprus do not report the incident to anyone, the first study of its kind on violence against women in the family

26th November 2018
Cyprus

CYPRUS: More Cypriots turning to online shopping from overseas

Cypriots are exhibiting an ever-increasing preference for online shopping as parcels arriving from abroad are at an all time high. Parcels arriving from abroad during 2017 reached to 1.4 million, up 27%

26th November 2018
Business

MARKETS: Fed, Geopolitics and Brexit to dominate week ahead

By Hussein Sayed, Chief Market Strategist at FXTM Two months ago, U.S. equity investors cheered a new all-time high on the S&P 500. Stocks advancing to new record numbers started looking as

26th November 2018
Business

CYPRUS: Newly opened Nicosia super mall visited by 15% of the population

Retailers at Cyprus’ new super mall are more than pleased by the turnout since opening on 21 November, with an estimated 15% of the island’s 1.2 million population paying a visit. According

26th November 2018
Business

DIPLOMACY: Cyprus cements bilateral and business ties with Kuwait

Cyprus FM Nikos Christodoulides has signed bilateral agreements in Kuwait, during an official visit to promote business and closer regional cooperation. During his contacts the Minister also discussed ways of further enhancement

26th November 2018
Cyprus

CYPRUS: ESTIA scheme is fast-track ticket out of NPL crisis

As Cyprus banks looking for ways to further reduce their NPL portfolios, the ESTIA scheme for mortgage defaulters seems to be offering them an express ticket out of the toxic loans crisis.

25th November 2018
Cyprus

CYPRUS: Overcharging in the tourism industry

. We followed the last Troika and IMF visit to Cyprus regarding the state of the tourist industry and other matters. Those involved directly with the industry, i.e. Hoteliers, C.T.O. and others,

25th November 2018
Comment

CYPRUS: Brexit deal not a landmark to be happy about, as key state leaves the EU

The agreement reached on Sunday on the coordinated withdrawal of the UK from the EU is not a reason to cheer, as an important Member State is leaving the bloc, Cyprus government

25th November 2018
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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