The entrapment video by the sensationalist broadcaster Al Jazeera may have disturbed some people, but it was a wake-up call for Cyprus society that continues to live in Lalaland, unwilling to rock
The Steamship Mutual Underwriting Association’s new European office in Limassol gives prestige and consolidates Cyprus as a quality cluster of international maritime activities, the island’s junior minister for shipping said. SMUAE is
Independence Day, especially the landmark 60th anniversary, is nothing to celebrate this year. And it’s not just the coronavirus measures that have downplayed what should have been a significant milestone. It’s a
It’s rare to see some of the world’s most impressive cruise ships anchored together, silently waiting for passengers to sail off to the next itinerary, let alone find them dotted along Cyprus’
Bank of Cyprus, the one-time darling of the Cypriot economy that has suffered two waves of shareholder bail-ins, announced Tuesday a first-quarter loss of €26 mln as coronavirus began to bite. This
When the government issued a tender for the supply of 420 automatic vehicle locators (AVL) to improve the efficiency of its fleet, it seems it got more than it bargained for, according
Revenues from Cyprus ship-management companies, by far the biggest money earner for the maritime cluster, reached an all-time high of €581 mln in the second half of 2019, up €58 mln from
By Josep Borrell The contrast between the silence of Europe’s streets and squares and the tumultuous, painful reality in many of its hospitals is heartbreaking. COVID-19 has not only Europe but the
This year promises to be one of major change at the Deputy Ministry of Shipping, as major restructuring is underway to make the government’s maritime arm more efficient, while tax incentives are
By Hussein Sayed, Chief Market Strategist at FXTM Traders and investors are bracing for a volatile week ahead as several events may determine the direction of markets for the foreseeable future.