With Turkish assets plunging and the lira collapsing 10% in just 30 minutes on Tuesday, investors have made one thing unmistakably clear: political drama will not be tolerated when confidence is already
A decade after the idea was first put on the table, Cyprus and Egypt have finally agreed to transport natural gas from the island’s as yet unutilised offshore reserves to facilities on the
Government officials from Cyprus and Oman have signed a number of cooperation agreements, enhancing cooperation in maritime affairs and mutual recognition of maritime certificates, while exploring prospects in the tourism industry. Deputy
Cyprus plans to sell the entire output from one of its two mature offshore gasfields, Chevron’s Aphrodite, to Egypt which has recently seen its own output decline and in order to meet
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
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.
The shipping community has welcomed the release of the 25 crew of the Galaxy Leader cargo car carrier, after Houthi rebels hijacked the vessel 14 months ago just after the war erupted
Lebanon’s new president, a publicly respected general who was sworn into office on Thursday, ending two years of an executive vacuum in the country, has been invited to address an upcoming European
Alex Efthyvoulou, a veteran foreign correspondent who worked throughout most of his career for the Associated Press, died on Monday. He was 97. After graduating from the English School in Nicosia and
Cyprus fully supports the joint effort by the United States, Egypt and Qatar to get both sides of the war in Gaza to meet next week and resume talks on a ceasefire
