Manchester City spent €145 mln during the 2022 summer transfer window as the club seeks to defend its Premier League crown. To strengthen their squad, the club signed five players for the first team; Erling Haaland, Kalvin Phillips, Sergio Gomez, Stefan Ortega, and Manuel Akanji. The new reinforcements helped the club to become the world’s
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A high-tech multinational firm is doing its bit to address the talent gap in Cyprus’ blooming IT ecosystem, as the number of technology companies increases on a geometrical scale. Kyndryl, a US multinational in information technology infrastructure services, welcomed Cypriot ICT students at their Cyprus office, for an opportunity to learn how a leading company
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Rating agency DBRS Morning Star has downwardly revised Cyprus’ growth outlook again amid gloomier forecasts for the global performance considering soaring inflation and heightened uncertainty due to the Ukraine war. In its updated forecasts, the agency reduced Cyprus’ growth prospects for this year by 0.2 percentage points to 3.2%, with the growth outlook for 2023 slashed by 0.7
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Cyprus will tighten rules for cryptocurrency payments to crack down on fraud and criminal activities hiding behind transactions made with virtual money. The House expects the government to submit its amendments to a bill amending the 2021 Law on Combating Fraud and Forgery of Non-Cash Payment Means. The amended bill is expected to be voted
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The BEON1X Open Mind Music Festival is touted as the largest electronic music festival in Cyprus with its 30,000 visitors, and one of the biggest events this autumn in Europe. It is planned to become the first stage of a unique international socio-cultural project introduced in Cyprus, which is set to become one of the
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A joint training session on special naval operations took place in September between the Naval Command of the National Guard, the Armed Forces of Greece and the United States. According to the National Guard, the joint military training took place on the land and sea area of the Republic of Cyprus and with the participation of Special Operations
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Rhapsody of the Seas was the first cruise liner to dock at the new Ayia Napa Marina, carrying 3,000 passengers and crew. Transport Minister Yiannis Karousos and Shipping Minister Vassilis Demetriades welcomed the arrival of the ship operated by Royal Caribbean, conducting cruises in the Mediterranean. It arrived in Ayia Napa early Tuesday from Haifa, Israel,
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Liberalising Cyprus’ electricity market is hampered by authorities dragging their feet over an employment framework of the Transmission System Operator, according to MPs. Chair of the House Energy Committee and DISY MP, Kyriacos Hadjiyiannis, has requested President Nicos Anastasiades intervene. In comments to CyBC radio, Hadjiyiannis blamed the Energy Ministry, accusing the authority of not
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Cyprus and Washington have completed the Acquisition and Cross Services Agreement (ACSA) that facilitates US military and naval presence in the region by providing effective logistical support. The deal between the Republic of Cyprus and the United States was signed by Defence Minister Charalambos Petrides and US Ambassador Judith Garber aboard the US Naval Ship
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In two separate operations, 477 migrants that departed from Lebanon were rescued off the coast of Cyprus in 24 hours, the Joint Rescue Coordination Centre (JRCC) said. In one operation, it responded to a distress call from an 18-meter wooden boat crammed with over 300 people on board, which was drifting about 203 kilometres off
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