Cyprus shipping supports the Industry’s positions on the EU Green Deal and is fully committed to eradicating its greenhouse gas (GHG) emissions as soon as possible. On the occasion of European Shipping Week, the European Community Shipowners Associations (ECSA), launched its positions in response to the EU Green Deal proposed by the new European Commission.
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Cypriot investment fund assets hit a historic high in 2019 reaching a total of €6 bln on a 27% annual rise, data released by the Cyprus Central Bank shows. The number of investment funds increased to 178, compared with 166 in September, while their total assets grew by around 7%, to €6.09 bln in December
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Defence Ministries of Cyprus and Jordan renewed a military cooperation programme expressing their joint political will for further deepening their collaboration in the defence and security. The signing took place at the Nicosia premises of the Cyprus Defence Ministry following a meeting between delegations of the two countries. According an official statement, the meeting reviewed
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Fugitive financier and Cyprus passport holder Jho Low may have been in Wuhan, with Malaysian authorities now on the lookout for his return due to the coronavirus outbreak. “Previously, we did receive intelligence that he was active in Wuhan,” Inspector-General of Police Abdul Hamid Bador said in Kuala Lumpur on Wednesday, without saying when Low
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Air traffic at Larnaca and Paphos airports increased by 8.6% in January 2020, according to Hermes Airports data. Passengers passing through Larnaca and Paphos airports in January reached a total of 459,700 compared to 423,200 in the same month last year, recording an increase of 8.6%. Larnaca Airport welcomed 337,100 travellers from 320,400 in January
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It was pleasing to hear that, after three postponements, Cyprus MPs have finally voted in the much-awaited amendment to the rent law. The pros of the amendment are the following: First, the House has exhibited the courage to touch upon this law. Second, MPS have included an amendment introducing e-notifications allowing notifications to be delivered
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Turkey has purchased its third offshore drilling vessel which is to be delivered next month, President Tayyip Erdogan said on Wednesday, adding that the ship will begin operations in 2020. Speaking to lawmakers from his ruling AK Party in Ankara, Erdogan said the new ship was an “ultra-maritime drillship” that can drill down to 11,400
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By Han Tan, Market Analyst at FXTM Most Asian stock indices were advancing on Wednesday, refusing to follow Wall Street’s cues after the S&P 500 and the Dow Jones index declined having returned from an extended weekend. However, Asian currencies are mixed against the US Dollar, laying bare investors’ uncertainties over the coronavirus outbreak’s implications
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The Akamas National Forest Park will be open to the public by the end of 2022 with the government committed to achieving this goal, said President Nicos Anastasiades. The President was addressing a presentation on progress in implementing the park’s Sustainable Development Plan. Anastasiades said progress in implementing the various projects foreseen in the plan
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Cyprus tainted as a centre for match-fixing has come as no shock, said Justice Minister George Savvides about a damning report by Spanish website El Confidencial. “The report does not come as a surprise, it is clear we are in the middle of a storm and we have been for quite some time when it
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