Authorities on Thursday launched an investigation into the causes of the fire at the Russian Cultural Centre, which Russian diplomats have attributed to a ‘terror attack’ on the building. Police told the
An apologetic Cyprus Airways said it’s facing unexpectedly high call volumes and doing its utmost to service its customers as soon as possible. The airline has provided additional resources to its customer-facing
Top lawyers and accounting firms fear being placed on the US and UK sanctions lists as they have clients whom are Russian oligarchs sanctioned following Russia’s invasion of Ukraine. Quoted by Politis
Nicosia will establish a supervisory authority to control damage inflicted on the island’s reputation as a business destination, following UK and US sanctions on Cypriot service providers. President Nikos Christodoulides has met
A large fire caused extensive damage to Cyprus’ landmark Russian Cultural Centre in the heart of the capital Nicosia with authorities not ruling out malicious intent, the fire service said Wednesday. The
More than 500 athletes and support staff are expected to participate in the highly anticipated cycle race L’ Étape Cyprus by Tour de France in November. The Cypriot edition of the L’
S&P Global Ratings (S&P) revised the outlook for the Bank of Cyprus to positive from stable, citing the easing of funding risks, a diversified business model and substantial progress in de-risking its
Main opposition party DISY is attempting to keep a state subsidy on fuel prices at the pumps by tweaking a Finance Ministry bill aiming to halve it in May. In April, the
Finance Minister Makis Keravnos’ efforts to convince banks to absorb shockwaves triggered by a hike in interest rates seem to be paying off, as banks agree to alleviate pressure on households. According
Two flights carrying the first British civilians evacuated from Sudan have arrived in Cyprus, with more expected Wednesday. The first passenger plane belonging to Britain’s Royal Air Force with about 39 civilians
