President Nicos Anastasiades has intervened to scrap free, around-the-clock use of state luxury vehicles for top civil servants after criticism it was a “scandalous” waste of taxpayers’ money. In a statement on
Stock markets will be mixed this week as investors brace for the crucial Fed meeting and rotate towards value stocks, according to the chief executive of a leading financial advisory and fintech.
Cyprus reported one coronavirus death on Monday, rising to 75 for January which is headed to become the deadliest month on record, as new daily cases rose to 2,815 and hospitalisations dropped
Despite the sales, Cyprus’ retail sector can’t shake off the coronavirus pandemic, as it has fallen victim to Omicron’s high transmissibility. With many daily cases and close contacts being kept at home,
The pro-Turkey ruling National Unity Party (UBP) was the victor of the general election held in the Turkish occupied north on Sunday, as it garnered almost 40% of the vote. With all
A cold front called Elpis will continue to affect the island until Thursday, bringing more snow, much to the delight of excursionists, but also prolonged thunderstorms. Since Saturday, the low-pressure weather system
The Cyprus Shipping Deputy Ministry has issued a €3.35 mln tender for its digital transformation to provide a one-stop-shop environment for the maritime sector. The tender submissions will close at noon on
In Cyprus, annual residential property prices continued to rise 1.2% in the third quarter of 2021, primarily driven by apartment purchases. This is according to the Central Bank of Cyprus (CBC) Residential
Despite a teachers’ pushback, the “test to stay” policy was introduced in schools on Monday to keep classrooms going safely where positive cases are found. Students found to be close contacts of
By Hussein Sayed, Chief Market Strategist at Exinity Last week was painful for investors, especially those with portfolios heavily tilted towards tech stocks and speculative assets like cryptocurrencies. The S&P 500 declined
