P&I Club member Steamship Mutual Underwriting Association (Europe) has decided to underwrite all of its European business in Cyprus through its Cypriot entity. The Cyprus Shipping Chamber (CSC) has welcomed the arrival
Cyprus Deputy Ministry of Tourism is satisfied as 2019 ended with a bang, breaking last year’s record for tourist arrivals after efforts to recover lost airline seats from major markets such as
Non-performing facilities in Cyprus banks recorded a slight decrease of around €1.4 mln in August 2019 compared to the previous month with total NPFs representing 29.3% of total loans. According to data
Cyprus has paid off early an International Monetary Fund loan that was part of a €10 bln rescue package in 2013 from lenders to save the island’s banking system. Finance Minister Constantinos
Cyprus Defence Minister Savvas Angelides and his Italian counterpart Lorenzo Guerini agreed to closer coordination and cooperation on issues of energy security in the island’s EEZ and the wider Εastern Mediterranean. According
By Han Tan, Market Analyst at FXTM Most Asian stocks and currencies are trading lower on Wednesday leading up to the long-awaited signing of the ‘Phase One’ trade deal between the
Cyprus police rescued 101 Syrian migrants after they were spotted on a drifting boat off the Mediterranean island’s southeast coast, authorities said on Tuesday. Cypriot police said a 33-metre boat was located
Nicosia and Washington have accelerated their efforts to include Cyprus in the United States’ Visa Waiver Program with the two sides establishing a working group to fast-track the issue. Foreign Minister Nikos
Cyprus President Nicos Anastasiades said on Tuesday his government is using diplomacy to ensure international law and stability prevails as the Libya conflict unfolds. Asked about developments in the Eastern Mediterranean and
A return ticket for a new passenger ferry between Limassol and Piraeus, Greece, will cost the same as an airline ticket to Athens from Cyprus, according to the Deputy Ministry of Shipping.