Shipping ministry to spend more on IT, careers

The junior shipping ministry plans to spend 17% more next year on digital transformation and scholarships for students who seek a maritime sector career. Deputy Minister for Shipping Vassilis Demetriades told House

COVID19: Concern over uptick in new cases

Health Minister Michalis Hadjipantelas said authorities are anxious over a recent spike in daily COVID-19 cases, with scientists looking into the causes behind the uptick. Health authorities are concerned over a rise

Cyprus pledges to halt deforestation

Cyprus, among 100 countries, pledged to halt and reverse deforestation and land degradation by the end of the decade, underpinned by $19 bln in public and private funds to protect and restore

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Cycle Challenge raises over €55,000 

British Bases Police’s third annual Cycle Challenge in co-operation with the Republic of Cyprus on October 29-30 raised more than €55,000 for charity. The money will be donated to the Cyprus Anticancer

Nicosia leading real estate recovery

Nicosia continues to drive the real estate market’s recovery, with total property sales in the capital for the first ten months exceeding those recorded in pre-coronavirus 2019. Compared to coronavirus-stricken 2020, sales

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Stocks continue to ignore warning signs

By Hussein Sayed, Chief Market Strategist at Exinity Central banks are taking steps toward normalising monetary policies. Economic growth already seems to have peaked; inflation is trending higher, short term interest rates

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Economic policy remains unchanged despite COVID

Despite COVID-19 obstacles, Cyprus’ economic priorities remain to achieve macroeconomic stability and establish a competitive, business-friendly regulatory environment, said Finance Minister Constantinos Petrides. “Despite the pandemic setback, our policy priorities remain the