Cyprus has issued a recall for 276 vehicles, of which 138 have been identified to carry faulty Takata airbags that have to be urgently replaced. Their circulation licenses and road worthiness certificates
Strengthening financial resilience for a greener future By Nicole Phinopoulou The financial sector is undergoing a profound transformation, driven by two fundamental forces — digital resilience and sustainability. At first glance, these
By Stavros Christoforou In today’s world of rapid changes and intense competitiveness, organisations require greater flexibility and strategic foresight from project management offices (PMOs), the internal departments tasked with defining and maintaining
Economic sentiment in Cyprus deteriorated slightly in January, as the Economic Sentiment Indicator decreased by 0.6 points month-on-month to 108.2. However, it was up 3.1 points year-on-year. The University of Cyprus Economics
Real GDP growth in Cyprus is estimated to have accelerated from 2.6% in 2023 to 3.7% in 2024, according to a University of Cyprus report. Growth is projected to moderate to 3.3%
Some 4,500 people have applied in Cyprus for the new electronic identification card (eID) just two days after its launch, with the government offering an incentive to the first 100,000 applicants. The
US energy major ExxonMobil last week spudded the Elektra wildcat well on Cyprus’ deepwater Block 5, the Middle East Economic Survey reported. A wildcat is a small-diameter well drilled in a new area
The Cyprus police has taken delivery of ten legendary four-wheel drive Land Cruisers, the final part of a 31-vehicle contract awarded to the local Toyota importers last year. Proven over nearly five
The annual growth rate of a leading indicator used to predict the future direction of economic movements in Cyprus, continued on an upward trend for the seventh consecutive month in December, as
Israel has declared Paphos airport, a major hub for charter and low-cost carriers, as being a security risk and ordered three airlines to redirect their flights to Larnaca due to undisclosed threats.
