There were self-help guides and online tips on how to get through the days when the World Cup had a rest ahead of the mouth-watering quarter-finals. We didn’t know what to do with ourselves, wandering in the football dead zone where other hobbies go to die. When the dust settled, there were some captivating ties
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That Cyprus-Egypt relations are at their highest level is an evaluation that represents an indisputable reality. We should go back in time to trace the relations of Cyprus with the Egypt of the Pharaohs. In his second Book of the Histories, the Greek historian Herodotus mentions that Pharaoh Amasis was the first man to seize
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Rising rents, and the lack of supply of apartments for rent, do not resolve the problem but will impact the market’s future. This causes issues for Cypriots and makes it difficult to attract foreign residents, such as high-income managers, staff mainly for the casino (500 expected), and hotel workers. Adding to the unsatisfactory issue are
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President Nicos Anastasiades has condemned the violence at the Grivas rally during the state budget vote, where offices of the social democrat party EDEK were damaged. Following the rally, EDEK reported an attack on their offices by about 20 rally attendees, which it called “pre-meditated”, as the individuals had marched there armed with rocks and
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Hellenic Bank’s CEO, Oliver Gatzke, can return to work on Monday following the lifting of the board’s decision to sideline the German after allegations of market abuse. Gatzke could be back at the helm, if he desires, after a probe into alleged market abuse carried out by the Cyprus Securities and Exchange Commission found no
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The financial technology (fintech) sector exploded last year with a record level of investment. This year it has continued to boom, albeit in a different environment. So, what’s next for fintech in 2023? “There was an historic level of investment – around $130 billion into fintech in 2021,” said Nigel Green, CEO and founder of
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The government welcomed parliament approving the 2023 state budget, the last tabled by the 10-year administration of outgoing President Nicos Anastasiades. The President extended his gratitude to most parliamentary parties for voting in favour of the budget. The budget was approved by 29 votes in favour and 24 against. “It (the budget) is increased but
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Cyprus saw a slowdown in COVID-19 deaths, infections, and stabilisation of hospitalisations, as the Health Ministry reported another two victims. The two deaths reported by health authorities on Friday were significantly lower than the nine reported last week. The Health Ministry reported 30 deaths in the previous four weeks, with experts extending an urgent plea
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To protect itself from increased Turkish provocations and asymmetric threats, Cyprus has developed defence and security cooperation, including partnerships with the UK and the US military, said Defence Minister Charalambos Petrides. Addressing the annual general assembly of the Cyprus Army Officers Association, he said they are the backbone of the National Guard and entrusted with
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President Nicos Anastasiades has referred the contentious sex education bill back to parliament, deeming it unconstitutional. Education Minister Prodromos Prodromou had argued that the government found the bill unconstitutional as introducing a lesson designed for sexually educating students would violate a regulation on school timetables. The minister had said regulating school timetables falls under his
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