The State of Palestine Ambassador, Abdallah Attari, called on the government, political parties, and parliament to condemn the “ongoing massacre and ethnic cleansing” of Palestinians after the Gaza hospital strike. He stated that the attack on hundreds of Palestinian civilians at a hospital in Gaza on Tuesday, which he attributed to the Israeli side, will
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The Electricity Authority of Cyprus (EAC) is at odds with the Energy Regulatory Authority (CERA), which blocked its move to increase electricity bills by a whopping 25%, fearing consumer outrage. According to a Phileleftheros report, the EAC is planning to contest a decision by CERA denying its request for an approximate 25% increase in basic
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Fifty-two Cypriots remain in Israel who have not expressed a desire for repatriation, said Cyprus Ambassador to the country, Kornelios Korneliou. He told the Cyprus News Agency (CNA): “Since October 7, when the Hamas attacks against Israel took place, we have been living in uncertainty as to what the day will bring because of the missile attacks and
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Oil prices will surge further, impacting the global economy and investors, if U.S. President Joe Biden fails to cool rising tensions in the Middle East during his visit to the region, warned the CEO of a leading independent financial advisory and fintech. An Israeli air raid reportedly struck a Gaza City hospital on Wednesday morning,
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Cyprus Airways announced the launch of its new route to Nice, south of France, starting December 12. Travellers can explore the stunning French Riviera with twice-weekly flights operating on Tuesdays and Thursdays. This latest addition to Cyprus Airways’ expanding network reaffirms the airline’s commitment to providing its passengers with access to unique and sought-after destinations.
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Tether, the leading stablecoin company, has restated its commitment to collaborating closely with law enforcement authorities worldwide in order to address the issue of terrorism and conflict financed by cryptocurrencies, according to a Finbold report. Thus far, Tether has provided assistance to 31 authorities on a global scale, conducting investigations in 19 different countries. This collaboration
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The share of the population at risk of poverty or social exclusion in Cyprus decreased to 16.7% last year, down from 17.3% in 2021, the latest official data shows. This reduction translates to approximately 4,000 fewer persons facing the risk of poverty or social exclusion. The Statistical Service released an infographic on the International Day
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By Edward Moya US stocks are lower as good news about the economy is once again bad news, since it will keep policymakers on the fence on delivering more tightening. Treasury yields are rising after a couple of strong economic releases about consumer spending and increased manufacturing output. It seems the US economy isn’t ready
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Cyprus saw a remarkable 17.9% surge in tourist arrivals during September compared to the same month last year, while for the first nine months there was a 23.4% spike. According to data released by the Statistical Service, the total number of tourist arrivals for September reached 487,350 from 413,382 recorded in 2022. The increase in
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Cyprus’ real estate sector is unsure how recent developments in the wider Middle East will affect the immediate future of the property market. While immediate attention is naturally fixed on the ongoing military operations and the humanitarian aspect of the Israel-Hamas conflict, property stakeholders anticipate how events might lead to future investments in Cyprus by
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