Cypriot start-up EMBIO Diagnostics is among five winners of the first online Start-up Innovation Challenge by the European Bank for Reconstruction and Development (EBRD) to encourage creative and innovative responses to COVID-19. Some 226 companies from 30 countries participated in the online competition, and the five winners will share the US$ 500,000 of mixed cash rewards and vouchers to cover costs
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Cyprus saw a surge in new coronavirus cases to 199 on Thursday, with no deaths and the number of patients remaining stable, as the health minister announced a relaxation of most lockdown measures from Monday. The health ministry said that the new cases raised the total infections since the pandemic started to 33,909. After two
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Cyprus hoteliers are pushing the government to allow entry to vaccinated Israeli tourists without needing a PCR test or quarantine earlier for the Jewish Passover holiday. The Cyprus Hotel Association wants the ‘Green Passport’ initiative, agreed by President Nicos Anastasiades and Israel’s Premier Benjamin Netanyahu, introduced a week early to attract Israeli holidaymakers during Passover
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Students yet to return to school will be going back gradually from Monday, while private lessons and extra curriculum activities are back on but under limited numbers. Gyms and dance schools are to reopen under conditions, while reopening for restaurants was pushed back to 16 March. Health Minister Constantinos Ioannou on Thursday announced another three
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A mystery oil spill that polluted the nearby Israeli coastline with thick globules of tar has not been detected inside Cyprus maritime waters, authorities said Thursday. Cyprus’ Department of Fisheries and Marine Research said it was alerted on February 17 by Israel’s Ministry of Environmental Protection about the oil spill. Since then, the “Department monitors
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By Hussein Sayed, Chief Market Strategist at FXTM Inflation threats and rising bond yields have been the dominant market topics over the past several weeks, as investors fear the latest selloff in bonds and rise in long term interest rates will put an end to the fastest and strongest bull market in history. It is
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UK travel agents are confident that Cyprus summer holiday bookings will increase following a surge after Prime Minister Boris Johnson outlined the roadmap for lifting COVID-19 restrictions. Major travel firms, such as Jet2 and Thomas Cook, have included Cyprus among the most sought after destinations by travel-thirsty British tourists desperate to escape pandemic gloom. Noel
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In April, the United Nations will convene a five-party Cyprus conference on deadlocked settlement talks in Geneva, the first such meeting since 2017 when that summit collapsed in acrimony. “The purpose of the meeting will be to determine whether common ground exists for the parties to negotiate a lasting solution to the Cyprus problem within
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Cyprus is closing in on its main targets in vaccination coverage against COVID-19, nearly completing vaccinations of the over 80s with 7% of the population receiving a jab. In an announcement, the Health Ministry said Cyprus is among the first EU member-states regarding vaccinations, at least for the first dose of the vaccine of people
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By Pavlos Loizou When the Department of Lands and Surveys released data on sales contracts for January, it struck me the numbers and percentages were presented without analysis, indicating the beginning of 2021 was disastrous. Almost everyone involved in the field focused on the 23% decrease compared to the corresponding month of 2020 and the
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