Bank of Cyprus, the one-time bellwether company of the services-based economy, continues to struggle with rising staff costs, little new business and a non-performing loan portfolio that refuses to go down. The
The Cyprus Shipping Chamber, the umbrella organisation representing the majority of locally-based companies in the maritime sector, wants the international community to engage more actively to combat piracy off the Gulf of
The number of COVID-19 infections in Cyprus is fast approaching the 20,000 mark as health officials announced 433 new cases and three deaths on Thursday, all elderly patients with underlying health issues.
Russia started deploying peacekeepers to the war-ravaged enclave of Nagorno-Karabakh, also known as Artsakh, after imposing a ceasefire on Armenian forces to withdraw from positions claimed by arch-enemy Azerbaijan and bombed since
The small, yet vibrant, community of Cyprus has mobilised its members and friends to garner support for efforts to restart peace talks over the fate of Nagorno-Karabagh, the Armenian region known as
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
