Qatari officials believe that a price of 70-90 dollars per barrel is a fair price for its crude exports as the cost of extracting oil is very high. Speaking in Nicosia after
President Demetris Christofias inaugurated the new Paphos Airport on Saturday and said that Cyprus should attract tourists from Russia, Ukraine and other countries in order to avert or minimise the consequences of
Jonathan Cohen, Deputy Chief of Mission of the US Embassy in Nicosia, presented awards to 18 Cyprus shipping companies for their assistance in the United States Coast Guard’s voluntary search and rescue
Federal Reserve Chairman Ben Bernanke said on Friday central bankers around the world were ready to do more to ease severe credit market strains and support faltering economic growth. "The continuing volatility
Sales at retailers suffered a record decline in October, government data on Friday showed, as shoppers reined in spending with home prices falling, although plunging gasoline prices also reduced outlays by consumers.
An agreement to further develop the relations of the Cyprus House of Representatives and the National Assembly of Armenia, was reached during the talks Cypriot Speaker Marios Garoyian held during his two-day
The European Commission launched the EU Scholarships III Programme on 11 November 2008 and is offering 200 scholarships for Turkish Cypriots for the academic year 2009/10. Recipients will receive a grant of
The Cyprus economy was still resilient in the third quarter, rising by 0.6% on a seasonally adjusted basis compared with the previous quarter according to the “flash” estimate from the Statistical Service.
The Cyprus real estate and property market is holding up well despite the global crisis but land developers on the island are calling for urgent measures to be introduced by the government
The European Commission proposed today a wide-ranging energy package which gives a new boost to energy security in Europe, supporting the 20-20-20 climate change proposals which should be agreed by December. A
