Energean finds new Israel gas discovery

Greece’s Energean announced its Hermes exploration well offshore Israel had made a commercial natural gas discovery of between 7 and 15 bcm, with Cyprus a potential export market. And the Stena IceMax

Nicosia slams north bid to ban UN

Nicosia has blasted the Turkish Cypriot leadership for squeezing the United Nations peacekeeping force in Cyprus (UNFICYP) into recognising the breakaway state by handing them a one-month ultimatum, demanding an “appropriate response”.

Banking’s future is digital, green & social

The future of the Cyprus banking sector is digital, green, and social, said experts during the online FMW Conference on the financial system. The conference also highlighted the contrast between taming inflation

Cyprus lagging in research spending

According to Eurostat, Cyprus spends far less on research and development than most other European Union countries, as just 0.85% of the Gross Domestic Product (GDP) or €184.8 mln, went into research

/

Moody’s upgrades major banks

Moody’s Investors Service has upgraded Bank of Cyprus and Hellenic Bank’s long-term ratings, including their deposit ratings to Ba2, from Ba3, maintaining a positive outlook citing “the resilience of the Cypriot economy”.

COVI19: Third booster roll-out ready

Health authorities will roll out a third booster shot campaign for COVID-19 on Thursday, offering the updated bivalent vaccines covering the original virus, the Omicron variant and its subvariants. From Thursday, people

Cyprus initiative behind climate summit

President Nicos Anastasiades said the Ninth Environment for Europe Ministerial Conference in Cyprus is a recognition of actions and initiatives taken by the government to tackle the climate emergency. Upon his arrival at Nicosia’s

/