S&P Global Ratings raised its long-term issuer credit rating on Bank of Cyprus Public Co. Ltd. (BOC) to ‘BB’ from ‘BB-‘ and affirmed the ‘B’ short-term rating, citing “significant progress toward rebalancing
Consumers might find themselves with a bit more room in their holiday budget for Christmas this year, as stakeholders predict a continued drop in fuel prices. Anticipating further reductions at petrol stations,
Low-paid workers in the private sector are in for a pay boost in the new year, as social partners are set to meet on Friday to agree on the next increment for
Four more Cyprus-based companies have been sanctioned by the U.S. authorities after evidence emerged tying them to sanctions evasions and contributing to the enhancement of Russia’s energy production. According to a statement
Thirty children from war-torn Artsakh, uprooted from their homelands, are in Cyprus for a two-week visit, hosted by the Armenian Representative in parliament and the Ministry of Education. The children, aged 12
The journalists’ union issued a stark warning on Wednesday, highlighting potential severe consequences for press freedom in Cyprus if the controversial Article 4 of the European Media Freedom Act is enacted into
The Cyprus Institute will offer five full scholarships to postgraduate students from Iraq in 2024, and a further five partial scholarships, allowing them to pursue quality education and research in Europe, enhancing
The police are now convinced that the same mastermind is responsible for both recent gangland murders, those of Thanasis Kalogeropoulos in Limassol and Alexis Mavromichalis in Nicosia, according to local media reports.
Cyprus and Iraq have pledged to enhance their commercial ties during what has been described as a “historic visit” by Iraq’s President Abdul Latif Jamal Rashid, who met with President Nikos Christodoulides
A public sector labour crisis may have been averted as the government sees eye to eye with unions representing civil servants campaigning for pay raises for 9,000 low-paid state workers. The Finance
