Cyprus-UK sign maritime safety, security MoU

Cyprus and Britain have signed a shipping agreement that will lead to a “greater partnership” on maritime safety and security and enhance cooperation on climate change issues. The memorandum of understanding (MoU)

DISY youngbloods contest leadership

Following DISY’s failure in the presidential elections, the leadership race for the island’s largest party has narrowed to its youngest members in the hierarchy, Annita Demetriou and Demetris Demetriou. The development came

Tourists are spending more

Tourists’ average spending in Cyprus last year was higher than pre-COVID 2019, when the island had record tourist arrivals and income, leaving stakeholders optimistic for the summer. According to data released by

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Sentiment shaky ahead of Fed minutes

By Lukman Otunuga, Senior Research Analyst at FXTM   Asian shares traded mostly lower on Tuesday along with US and European futures as investors adopted a cautious approach ahead of the reopening of

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Plenty to look forward to

By Craig Erlam   It hasn’t been the most thrilling start to the week, but the good news is that it should improve from here as the US rejoins and the economic calendar

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Greece ferry link to resume in May

The passenger ferry link between Cyprus and Greece will resume at the end of May, following a successful first season, announced operators Scandro Holding Ltd. They are currently “at the final processing

Cyprus shaken by fresh Turkey quake

Cyprus was rattled by a 6.4 magnitude earthquake that struck the border region between Turkey and Syria on Monday, believed to be an aftershock of a major earthquake on February 6, which

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Sunak tells new President the UK is here to help

UK Prime Minister Rishi Sunak sent a congratulatory letter to the elected President Nikos Christodoulides expressing his country’s readiness to assist in settling the Cyprus problem and boost close bilateral relations. A statement from

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Bank of Cyprus eyes dividend payments

Bank of Cyprus aims to return to substantial dividend payouts this year as it posted after-tax profits of €71.1 mln for 2022 from €29.7 mln the year before. Announcing its latest financial