Greece and the US reaffirmed their desire to strengthen the 3+1 cooperation with Cyprus and Israel during the high-level review of the Washington-Athens Strategic Dialogue. Greek Foreign Minister Nikos Dendias and visiting US Secretary of State Michael R. Pompeo issued a joint statement on their flourishing cooperation in the eastern Mediterranean region. The two sides reiterated
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Jiu Jitsu, the first-ever Hollywood film entirely shot on location in Cyprus and starring Oscar-winner Nicolas Cage has been picked up for distribution in November by Paramount Home Entertainment. The film was made in Cyprus under the government’s audio-visual incentive scheme offering cash rebates and tax incentives for big productions. Sci-fi, martial arts franchise Jiu
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The government has warned of high concentration of dust in the air above Cyprus, with almost all monitoring stations showing above-normal levels and Nicosia almost triple that measure. According to measurements from ground stations of the Air Quality Monitoring Network operated by the Department of Labour Inspection, high concentrations of dust are observed in the
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Persistently strong demand for Shariah-compliant investments is helping the Islamic asset management sector remain resilient amid the coronavirus-related market upheavals, Moody’s Investors Service said in a new report. Net inflows into some large Islamic funds in the Gulf Cooperation Council (GCC) countries have remained positive despite weaker markets and lower oil prices, in contrast to
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Cypriots can travel freely to well over a dozen EU countries without having to quarantine on their entry or carry a negative coronavirus test after Ireland decided to keep Cyprus on its ‘safe list’. Cyprus is just one of three EU member states to remain on Ireland’s ‘green list’ along with Finland, Latvia while Ireland
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Cyprus confirmed 17 new cases of SARS-CoV-2 on Monday with six infections connected to known clusters, another seven had a recent travel history while a Bank of Cyprus branch had to close. Monday’s cases were an increase on the 12 reported Sunday. They were found after 2,465 tests were carried out, taking total coronavirus infections
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Celestyal Cruises said the first sailing of its recently acquired vessel will be on March 6, 2021, with a seven-night “Three Continents” itinerary calling on Greece (Athens, Rhodes), Turkey (Kusadasi), Israel (Ashdod), Egypt (Port Said) and Cyprus (Limassol). Part of the Cypriot Louis Group, operating cruises to the Greek islands and eastern Mediterranean, the company’s
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Average gross monthly earnings of Cyprus employees during the second quarter of 2020 increased by 1.7% to €1,925 from €1,893 during the same period last year, according to provisional figures. However, seasonally adjusted average gross monthly earnings during Q2 2020 declined 0.5% to €2,004 compared to Q1 2020 (€2,013). There was still a pay gap
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Weaker confidence in services and construction saw the Economic Sentiment Indicator (ESI-CypERC) decrease further by one point in September compared to August. According to the Economics Research Centre of the University of Cyprus (CypERC), the decrease in the index was driven by weaker business confidence in services, construction and industry. The indicator reached 80.6 points
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During the pandemic, Cyprus can emerge as a first-class Winter tourism destination, due to its good epidemiological picture, compared to other parts of Europe where the virus is raging. Deputy Minister of Tourism Savvas Perdios argues that if countries are judged equally on their coronavirus data, then Cyprus has the potential to shine as a
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