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Cyprus - Page 880

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CYPRUS: First new crossings open across the divide since 2010

Two new crossing points opened for people movement across the Island’s divide on Monday in a move to improve the climate of deadlocked Cyprus negotiations. The crossing points – at Lefka and

12th November 2018
Cyprus

CYPRUS: New guidelines on shell companies improves anti-money laundering practices

A new Central Bank of Cyprus directive that formally and narrowly defines what constitutes a shell company is credit positive for Cypriot banks, says ratings agency Moody’s. It believes giving a specific

12th November 2018
Cyprus

CYPRUS: Cypriot President attends WWI centennial commemoration in Paris

President of Cyprus Nicos Anastasiades attended events in Paris for the November 11 centennial commemoration of the end of WWI. More than 80 heads of state and government are present at the

11th November 2018
Cyprus

PROPERTY: Cyprus real estate sector is looking up

Cyprus’ real estate sector is continuing to thrive, building on the upward trend of previous years, with experts confident that sales transactions for 2018 will peak at an eight-year high. A PwC

11th November 2018
Cyprus

ENERGY: Cyprus issues navtex as ExxonMobil drillship is set to arrive in Limassol

Stena IceMax, a drillship commissioned by US energy giant ExxonMobil to explore for hydrocarbons in block 10 of Cyprus’ exclusive economic zone, is expected to arrive within days at Limassol. On Saturday

10th November 2018
Cyprus

CYPRUS: Commercial arbitration court needed to attract foreign business

Establishing a Commercial Arbitration Court will turn Cyprus into a hub for providing business services and attract foreign investment, said Justice Minister Ionas Nicolaou. Nicolaou made the comments as discussion on the

10th November 2018
Cyprus

CYPRUS: Crippling fines to go up 250% for road traffic offences

Motorists are to be handed crippling fines under a government bill that significantly increases penalties for traffic violations such as speeding and talking on mobiles, said Justice Minister Ionas Nicolaou. Nicolaou told

9th November 2018
Cyprus

CYPRUS: Building permits increase 9% in first eight months

Building permits approved by local authorities increase 9.06% with their total value exceeding €1.4 bln during the eight-month period January – August 2018, according to official data. During the first eight months,

9th November 2018
Cyprus

CYPRUS: Maj Gen Cheryl Pearce takes charge of UNFICYP, 2nd female commander

Major General Cheryl Pearce of Australia is the new Force Commander of the UN Peacekeeping Force in Cyprus (UNFICYP), taking over from Major General Mohammad Humayun Kabir of Bangladesh as head of

9th November 2018
Cyprus

CYPRUS: Omonia owner steps in to put team back on track

Despite starting the season with high hopes, eight games in Omonia FC, the island’s most successful team after Nicosia rivals APOEL, are off to one of the worst starts in their 70-year

8th November 2018
Cyprus
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