Ankara on Wednesday launched what it calls "the biggest military exercise in the history of the Republic of Turkey" in regional muscle-flexing with a stern message aimed at Greece, Cyprus and Israel. The large-scale navy exercise is seen as a show of force toward neighbours Greece, Cyprus and Israel who are cooperating in the
More
. The Last Chance Saloon is not a great bar to frequent; the prices are high, and the service is poor. But that’s where Michel Barnier and Theresa May have been socialising of late, each with one eye on the clock. It’s not closing time that worries them. They are watching the hours tick away
More
The Cyprus government and ExxonMobil will announce on Thursday the results of two offshore exploration drills conducted by the ExxonMobil and Qatar Petroleum venture in block 10 of the island’s Exclusive Economic Zone. The results will be announced by Energy Minister George Lakkotrypis and ExxonMobil’s Vice President Tristan Aspray at a joint press conference at
More
The opinion of the International Court of Justice (ICJ) that the UK illegally carved up Mauritius when it ended its colonization of the Indian Ocean islands needs to be considered further, Cyprus President Nicos Anastasiades said on Tuesday. Judges ruled “the United Kingdom has an obligation to bring to an end its administration of the
More
Economic sentiment in Cyprus deteriorated slightly in February (112.3) as the University of Cyprus Economic Sentiment Indicator decreased by 0.1 points from January (112.4) and is 3.8 points worse off than a year ago. This decline was mainly driven by a loss of confidence in industry, among consumers and to a much lesser degree in
More
Hilton Cyprus owners The Cyprus Tourism Development Public Company and NBG PANGEA have come to an agreement over sale of the capital’s only five-star hotel, with just the fine print remaining. According, to Phileleftheros daily, Vibrana Holdings Ltd, a Special Purposes Vehicle set up by Greek company PANGEA (90%) and Invel (10%) has put in
More
Cypriot leaders agreed on Tuesday to improve the divided Island’s mobile phone connectivity but no word on the stunted UN-backed peace process that collapsed 19 months ago. The United Nations on Tuesday hosted an informal meeting between rival Cypriot leaders to try and move closer to resuming Cyprus reunification talks that crashed in Switzerland in
More
A 5% increase in turnover of retail trade last year has encouraged local and foreign businesses to invest in the Cyprus sector. Local and foreign investors are strengthening their presence in Cyprus as they expect further growth as they see the sector growing for a fifth consecutive year. According to Cyprus Statistical Service data, the
More
Cypriot mobile users are paying some of the highest charges in the European Union for mobile data services, Phileleftheros daily reported. While data fees dropped within the EU in 2018, Cyprus telecommunication companies have kept their prices at the high end. According to a survey made by the European Commission, contracts in Cyprus with a
More
Famous opera singer Placido Domingo, President of Europa Nostra, called on Cypriot leaders to seize the opportunity of their new meeting, to discuss the alarming state of heritage and historic buildings which are located in the Nicosia buffer zone. Cyprus President Nicos Anastasiades and Turkish Cypriot leader Mustafa Akinci were holding a rare face-to-face meeting
More