Cypriot authorities have seized half a tonne of synthetic narcotics, the largest quantity ever found in Cyprus. According to police spokesperson Christos Andreou, the synthetic narcotic substance is methadone, found in a customs warehouse at the old Larnaca airport. These narcotics were transported to Cyprus by air from India and were concealed in cardboard barrels.
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Around one in four businesses have faced some form of cyber-attack, according to the Cyprus Information Technology Enterprises Association (CITEA). A new initiative, the CITEA INDEX, also measures how well companies adapt to and utilise digital technologies. According to the results of this index, almost 60% of businesses in Cyprus were either just starting with
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By Craig Erlam There were no major surprises from the ECB on Thursday, with the European central bank leaving rates on hold while warning they will remain high for a sufficiently long duration. However, there were signs that policymakers are a little concerned about the consequences of all this tightening, most notably the repeated references
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The number of sales contracts submitted to the Land and Surveys Department reached a 15-year high in the second quarter of 2023, according to Central Bank of Cyprus data. In addition, residential property prices in Cyprus continued recording significant increases on a quarterly and annual level. In Q2 2023, the CBC Residential Property Price Index registered
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Celestyal Cruises presented its newest addition to its fleet, Celestyal Journey, during an onboard event at Limassol port, underlining the cruise industry’s growth in Greece and Cyprus. During an event on Wednesday, speakers noted the cruise industry’s growth in Greece and Cyprus offers significant opportunities and benefits to the national and local economies. A company
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A BBC plaque honouring the ‘first black Briton’ has been removed after DNA analysis suggested she was not actually of African origin. The sign celebrating the 1,800-year-old remains of ‘Beachy Head Lady’ was taken down after scientific research revealed she was ‘most likely from Cyprus’. The plaque was placed in an east Sussex village by BBC Two
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The 36th annual conference of the International Investment Funds Association (IIFA), held in Cyprus from October 23 to 25, concluded with resounding success. Regarded as one of the premier global forums in its field, the conference featured participation from representatives of the world’s most prominent Investment Fund Associations and Asset Managers, hailing from a diverse
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The University of Cyprus (UCY) is among the top universities in the Times Higher Education international ranking by subject for 2024, published on Thursday. In a statement, UCY said it was among the leading university institutions worldwide in nine out of 11 evaluated scientific fields. The University ranks 201-250 in the subjects of education, clinical and
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Minister of Health Popi Kanari said it was important that children from Greece, Egypt, and Lebanon are now being examined by doctors from the Shriners Children’s Hospitals in Cyprus. The minister visited the George and Thelma Paraskevaides Foundation, where since Monday, children from Cyprus, Greece, Egypt, and Lebanon have been examined by doctors from the
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By Craig Erlam Wednesday wasn’t the most thrilling session so far, but there is plenty still to come over the next couple of days which could see activity pick up. Earnings from Microsoft and Alphabet could have been the catalyst that kicked things off this week, but the contrasting results appear to have left investors
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