Regulator cuts inter connectivity rates

The Telecom Regulator announced sweeping price reductions in the Reference Interconnection Offer (RIO) rates that CyTA charges the independent telecom operators, which will hopefully lead to some price reductions for the public

Cyprus Airways (CAIR) faces funding delay

Hellas Jet set to close The future of troubled national carrier Cyprus Airways (CAIR) looked bleak at the beginning of this week following news that the European Commission will delay its decision

Cyprus football in trouble

Cyprus soccer is in crisis following the decision by the Cyprus Football Association last week for an indefinite suspenion of the Cyprus league fixtures because of the clubs’ ongoing financial difficulties. The

Talat set to win on Sunday

Leader of the Republican Turkish Party (CTP) Mehmet Ali Talat is set to win the presidency elections in northern Cyprus on Sunday April 17, putting an end to 40 years of Rauf

Green Line trade reported at CYP 495,000

The total value of products sold from northern Cyprus to the south via the Green Line regulation has amounted to CYP 495,000 since trade started in August 2004, according to sources, compared

EIB shocked over hospital delays

Inspectors from the European Investment Bank (EIB) have expressed serious reservations regarding the serious delays in the operation of the new Nicosia General Hospital. Two inspectors from the EIB who were in

Drake to swap shares with Libra

Drake Investments Ltd (DRA) has decided to proceed with swap of its shares with the preference share of Libra Holidays Group following shareholder approval at the Extraordinary General Meeting held on 24