Moody’s Investors Service has upgraded the long-term senior secured ratings of the state-owned Israel Electric Corporation to Baa1 from Baa2. The upgrade reflects significant reductions in IEC’s leverage and improvements in the
Cyprus and Egypt signed a bilateral agreement on electricity interconnection in Nicosia on Saturday that paves the way for the €2.5 bln EuroAfrica Interconnector to move ahead with final feasibility studies, permits
The arrest of a ‘would-be’ Azeri hitman, who allegedly arrived in Cyprus to assassinate an Israeli businessman, is turning into a diplomatic incident between Israel and its arch-foe Iran, as a Nicosia
Cyprus has urged Lebanon’s new government to implement reforms quickly, for the international community to unlock aid to its crisis-stricken neighbour. Nikos Christodoulides is the first foreign minister from the European Union
Gulf Air commenced a twice weekly commercial air service between Bahrain and Tel Aviv’s Ben Gurion Airport on Thursday, a further step in the normalisation of diplomatic and economic ties with the
A member of parliament is calling on Cyprus to rethink its policies on handling asylum seekers and stop hiding behind the excuse of a backlog in requests, while refusing to provide aid
Cyprus and Bahrain have signed an agreement on exemption of visa requirements for diplomatic, special, and service passport holders and a Memorandum of Understanding on economic cooperation. Monday’s signing followed talks between
Cyprus President Nicos Anastasiades is in Bahrain on an official visit to sign an MoU on Financial and Technical Cooperation and a Visa Waiver Agreement. At Bahrain International Airport, on Sunday, the
Cyprus informed the European Commission that despite the increased daily inflow of migrants, Nicosia could symbolically receive three Afghans, members of the same family, cooperating with the EU. According to CNA sources,
Over the last week or so, evidence has proven that America is not interested in nation-building – not that it has a great track record – and global stability is no longer
