Cyprus volunteer groups, businesses and the general public are rallying together to collect much-needed food and essentials for the victims of the Beirut blast and 300,000 left homeless. There has been a groundswell of support for nearby Lebanon with the government and private initiative looking for ways to gather essential foodstuffs for the people of
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Cyprus will send humanitarian aid to Lebanon on a flight to Beirut on Thursday night which will also carry back Cypriots wishing to be repatriated after the massive blast that ripped through Lebanon’s capital. The first batch of humanitarian aid to be flown from Cyprus will depart the island at 7 pm on Thursday. The
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A Defence Cooperation Agreement between Cyprus and France entered into force this month cementing closer cooperation in the fields of energy and maritime security. The agreement, signed on April 4, 2017, was activated on August 1, 2020, following the completion of internal procedures, Nicosia announced on Thursday. A statement the deal “further enhances and extends
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Cyprus’ Department of Meteorology has issued another ‘extreme high-temperature warning’ with maximum temperatures expected to soar to a scorching 42 degrees Celsius, Friday will be even hotter at 43֯ C. The yellow alert is 56th warning issued by the Department this year for high temperatures. Issuing the ‘yellow warning’, it said that “high temperatures are
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A runaway bus crashed into several vehicles in central Nicosia’s busy Diagorou Street on Thursday as it rolled forward then nearly crashed into a building after the driver had stopped and got out. No one was injured but the bus caused havoc as it first hit pavement posts, then a police motorcycle, a moped and
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Retail operator Ermes Group – the CSE-listed Ermes Department Stores, Cyprus Trading Corporation and Woolworth (Cyprus) Properties – have sold their two flagship stores in Nicosia and Limassol for €119 mln to Bank of Cyprus and Hellenic Bank to offset debts. Ermes said that the sale is part of a deleveraging programme to overcome the
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A big jump in recent new infections is down to COVID-19 being transmitted locally rather than cases with a travel history sparking the rise, Health Ministry data shows. After weeks of low numbers and zero daily cases, authorities reporting double figures has now become the norm, as local infections are the main reason behind the
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Bank of Cyprus agreeing to sell a portfolio of nonperforming loans with a gross book value of €916 mln to funds affiliated to global fixed-income investment manager PIMCO is a positive step, said Moody’s. The bank expects to complete the sale in the first half of 2021, subject to conditions, including customary regulatory approval. Upon
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After a spike in COVID-19 cases that has seen the virus spread, Cyprus should be back to single-digit infections within three weeks if measures like wearing masks are followed, a government expert said. Dr Leondios Kostrikis, Professor of Molecular Biology at the University of Cyprus said that in three weeks the island will return to
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Struggling to contain an outbreak on several fronts as the virus spreads Cyprus on Wednesday reported 15 new COVID-19 cases, following 25 the previous day. Wednesday’s cases resulted from a total of 3,132 tests carried out, bringing the total to 1,195. Seven of the new infections have a connection to previously identified COVID-19 cases, without
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