Gold remains the most sought after metal for various purposes with new markets emerging around the world. With the demand for various uses, gold for jewellery and investment continues to dominate. According to data compiled by the trading news site BuyShares, jewellery and investment account for 37.29% and 26%, respectively, of total gold demand worldwide.
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Cyprus reported 15 new cases of SARS-CoV-2 on Tuesday, as scientists worry over daily infections spiralling in several Larnaca hotspots. There were only three cases reported the day before. Tuesday’s results were announced after 2,709 tests were carried out, bringing total Cyprus COVID-19 cases to 1,618. The Health Ministry said that out of the 15
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Experts are concerned over Larnaca becoming the source of large clusters in the past weeks while contemplating restrictions as four transmission chains have caused 56 coronavirus cases. Virologist and advisor to the government on coronavirus, Dr Leondios Kostrikis told ANT1 TV channel on Tuesday that experts are especially worried over large transmission chains in Larnaca.
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Cyprus Airways has launched ticket sales for its 2020-21 winter season which includes Greece flight schedules to Athens and Heraklion, as well as, the new Larnaca-Moscow route. The Larnaca-based Cypriot airline is also planning to resume flights to Tel Aviv, as soon as the COVID-19 situation there stabilises. Passengers can book their flights through cyprusairways.com,
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Seven founding members of the East Mediterranean Gas Forum (EMGF) signed Tuesday during an online ceremony the statute establishing the body as a regional intergovernmental forum based in Cairo. EMGF founding members are Cyprus, Egypt, Greece, Israel, Italy, Jordan and the Palestinian Authority. Cyprus Energy Minister Natasa Pilides signed the declaration saying it marks a
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The Association of Large Property Developers has called on those engaging in public criticism of Cyprus’ Citizenship for Investment scheme to stop, arguing that continued debate will harm the economy. In a statement, the Association argued: “Recent reports combined with the ongoing row within the country, have taken their toll on the investment environment, which
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Cyprus’ Health Ministry said it was informed Tuesday of another eight COVID-19 cases among footballers and staff at top-flight club Nea Salamina, adding to the 11 announced over the weekend. In a statement, the Ministry said the eight club members were found positive after being privately tested in violation of government quarantine regulations. Nea Salamina
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Catering for the wealthy jet-set is one way Cyprus can attract visitors in the aftermath of coronavirus where the rich can enjoy a secure holiday bubble, suggests Deputy Tourism Minister Savvas Perdios Private jet travel could be promoted as an option for “people with very high incomes from countries such as Russia, Israel, and the
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Cyprus plans to introduce a railway system to connect the main towns and ports while also favouring trams to ease urban congestion in buffering climate change, Transport Minister Yiannis Karousos said. The last time Cyprus had a serviceable railway network was in 1950 while trams have yet to make an appearance in major towns despite
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Turkish Cypriot health authorities reported a significant drop to four new COVID-19 cases on Monday after a roller-coaster three weeks of double-digit infections, which peaked on September 8 when a total of 38 new cases were announced. Monday’s four cases, following Sunday’s six, were the lowest this month and were discovered from 1,485 tests, with
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