Cyprus reported zero new coronavirus cases on Monday for the first time since 3 July which means the total number of positive cases remains at 1038 and 19 deaths since the outbreak. The country’s health authorities were able to report that no new infection of COVID-19 was identified following 17 days of reporting single-digit cases.
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Ten women have been denied entry into Cyprus and are currently being held at Larnaca airport after a tip-off claimed they were to engage in sham marriages with third-country nationals. The women, all EU nationals, landed in Larnaca on Sunday evening and are currently being detained at a facility in the airport. Reportedly, five of
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US energy giant Chevron is taking over Noble Energy for $5 bln in an all-share deal, boosting its shale gas assets at home, while expanding its natural gas and crude resources overseas, including Cyprus. This includes Noble’s stake in Israeli offshore gas fields, as well as Cyprus’ adjacent Aphrodite, where it is a joint venture
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Cyprus and Switzerland on Monday signed a protocol amending the Treaty for the avoidance of double taxation in a move both sides said will boost their trade ties while attracting investment. The Protocol signed by Finance Minister Constantinos Petrides and Swiss Ambassador Pierre-Yves Fux introduces the minimum standards of the OECD’s Base Erosion and Profit
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Cyprus hoteliers are coming to terms with the reality of COVID-19 fallout on tourism, ready to write-off 2020 altogether with hotels in Ayia Napa this summer throwing in the towel. Hotels in the Famagusta area (Ayia Napa, Protaras) are heavily reliant on British and Russian tourists who are yet to be allowed entry into Cyprus
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British Bases firefighter, locally employed Cypriot Avgoustinos Chatzigiannis, has been awarded in recognition for his charity work for seriously ill children. The Run to Fight charity event to raise money for children battling serious disease is only two years old but it has quickly become established as one of the main fundraisers in the British
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Cyprus President Nicos Anastasiades will meet France’s President Emmanuel Macron, on Thursday in Paris to discuss escalating tensions in the eastern Mediterranean due to Turkish aggression. Their meeting is scheduled for the morning of July 23, a Cyprus Presidency statement said. Government spokesperson Kyriacos Koushos announced last week that Anastasiades had accepted an invitation by
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By Hussein Sayed, Chief Market Strategist at FXTM Shares across markets are trading in negative territory early Monday with one exception, as China’s Shanghai Composite traded 2.5% higher after the People’s Bank of China (PBOC) kept their benchmark lending rate unchanged. Commodities more sensitive to the real economy were also on the backfoot with Oil
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Cypriots were awoken at dawn on Monday to the sound of sirens to mark the exact time 46 years ago when Turkish troops landed on a beachhead in Kyrenia on 20 July 1974. And 46 years on, Cyprus remains divided with Turkey occupying the island’s northern third. Repeated UN-led attempts to reunite the country under
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The Cyprus Department of Meteorology has issued an ‘extreme high temperature warning’ for Monday, with inland temperatures expected to soar past 40C between 1pm and 5pm, with the forecast remaining clear and hot up to Thursday. The warning, the 40th issued by the Department this year for high temperatures, said that “the inland maximum temperature
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