Consumer organisations have raised concerns over the hike in prices at the petrol pumps as another increase hits the already worn-out pockets of motorists. Petrol is sold up to seven cents more
Cyprus reported 24 deaths in the weekly Covid bulletin on Friday, raising the death toll since the pandemic started to 1,051, including previous victims backdated to March last year, with nine deaths
Cyprus’ services sector is betting on tax incentives to attract talent and promote headquartering to counter the impacts of the war in Ukraine and sanctions on Russian funds and companies. Soon after
Nicosia argues that EU-proposed sanctions to ban Russian crude imports will push Cyprus to double-digit inflation. Finance Minister Constantinos Petrides said the oil embargo on Russia, the ban on Russian oil supplies,
By Jeffrey Halley New York had another tumultuous session overnight, dominated by noise from the crypto sector where (un)stable coins continued to suffer from untethering. Either the crypto noise was pushing equities
Auctions of foreclosed properties are back online following a two-year freeze imposed by authorities due to the COVID-19 pandemic fallout, as 800 auctions have been scheduled for the next weeks. According to
Energy consortium Eni-Total next drill venture in Cyprus’ Exclusive Economic Zone will probably take place in May as soon as the drilling rig completes its work in Egypt, Energy Minister Natasa Pilides said Thursday.
Justice Minister Stephie Dracos argued that Cyprus’ notoriously slow justice system would be fast-tracked provided MPs passed three much-needed reform bills reshaping the court system. The three bills tabled by Dracos’ ministry
Ayia Napa Marina has the potential to attract special types of tourism to help the Famagusta region transform into a year-round tourist destination. The marina could accommodate conferences and cruises, turning the region
A tripartite defence cooperation programme was signed by the military delegations of Cyprus, Greece and Armenia in Yerevan, according to the Cypriot National Guard. The Tripartite Defence Cooperation Programme includes joint exercises,
