Larnaca’s dream of hosting the School of Marine Sciences and Technology of the University of Cyprus was buried under concrete this week, as the government rejected the project due to high costs. After meeting with President Nicos Anastasiades on Monday, Larnaca Mayor Andreas Vyras was told that the project would not get the green light
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Cyprus pharmaceuticals are probably the country’s biggest kept secret as the industry was responsible for almost a third of all exports in the first five months of 2020 while increasing year-on-year. Last year, Cyprus-made drug exports generated a whopping €300 mln, making it the biggest earner. Cyprus pharmaceutical exports are far greater than those of
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Seeking validation as a useful ally to Washington comes with strings attached in a volatile region where Turkey is ready to pounce and Russia is like a bear with a sore head. This week, Cyprus welcomed the lifting of a US arms embargo as proof it is a “reliable partner” in the Eastern Mediterranean, as
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The visit to Germany this week by Elon Musk to check out his futuristic plant, went largely unnoticed in Cyprus because we are so obsessed with corruption, conspiracy theories and selling passports that we often do not see the bigger picture. The visionary who brought us, Tesla, SpaceX and Neuralink concluded on the ‘GigaBerlin’ site
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Five new COVID-19 cases were announced in Cyprus on Saturday by the Ministry of Health out of 3,033 tests taking total infections since the beginning of the pandemic to 1,507. Meanwhile, two SARS-CoV-2-patients are being treated at COVID referral hospital Famagusta General while three other patients were discharged. Two patients are on a ventilator in
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Cyprus’ attempt to become a film destination for world-class cinema is about to bear fruit as two productions with a Hollywood influence will be released in the coming months. Oscar-winner Nicolas Cage and fellow star William Baldwin have sprinkled some Hollywood stardust on Cyprus with their respective films Jiu Jitsu and S.O.S. Survive or Sacrifice.
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We tend to think that Cyprus has a problematic legal system with the end result that in addition to the time it takes to secure a court decision, those in the wrong get away with it, most of the time. The above opinion is quite correct in its generality, but Cyprus is not alone. Even
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Cypriot President Nicos Anastasiades denounced Turkey’s “aggressiveness” and urged talks to resolve a row over maritime borders and gas drilling rights, warning spiralling Mediterranean tensions risked destabilising the region. Tensions are running high over Turkey’s maritime drilling activities in the eastern Mediterranean which Cyprus, and its ally Greece, say violate their sovereignty. “There is an
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By Panos Danos Despite the new trends and market characteristics, Real Estate has many advantages over investing in stocks, bonds or mutual funds. Cypriots for generations have traditionally followed the rule to buy and keep as much real estate as possible. Despite the ups and downs of the real estate market, it has proved to be a relatively
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Cyprus school students will not be returning to class on Monday, but on 14 September after the Education Ministry decided to postpone the start for a week due to the extreme heat. The decision was announced by Education Minister Prodromos Prodromou at a press conference on Friday. Prodromou said that the Ministry had weighed the
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