An incident involving an Iranian guarding a football club official who was seen carrying a machete has left authorities red-faced as the man was found to be on the island illegally. According to reports, the Iranian was arrested after violence broke out at APOEL Nicosia’s game with Karmiotissa FC at the GSP stadium on Friday.
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Larnaca-based Cyprus Airways is looking for candidates to join its growing team of crew members because of its increased fleet and flight schedule for summer 2023. The recruitment campaign follows the airline’s announcement that it will more than double its capacity next year and operate to at least 11 destinations with 43 weekly scheduled flights
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Cyprus is in a privileged position on the world shipping map, President Nicos Anastasiades said at the Maritime Conference in Limassol. “We feel very proud of our achievements which have placed our small country in a privileged position on the world’s shipping map,” he said. “We have established a competitive and modern international shipping centre,
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Five Mediterranean nations said the European Union’s border agency Frontex needs to work inside third countries to stop smugglers from endangering the lives of migrants by sending them off to Europe on risky boat trips. Top officials from Spain, Greece, Italy, Malta, and Cyprus — who receive most migrant arrivals from the bloc’s southern and
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Heightened market volatility until the end of the year will be used by cryptocurrency investors to bolster Bitcoin and Ether holdings, says the CEO of one of a leading independent financial advisory and fintech, as central banks plan further interest rate hikes before the close of 2022. “Markets are now predicting that policymakers at major
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Cyprus is heading for an uncertain winter, although there is less worry here about the pending power cuts because of a gas shortage due to sanctions on Russia. Europe is scrambling for an action plan if the temperatures drop sharply and energy demand rises to keep homes, shops and offices warm. Relying on wind energy
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The police are in the spotlight again, with accusations of foul play in the investigation of recent murders, the lack of thorough work in earlier cases and a general absence of officers in blue from public view. No doubt, detectives did not do their work properly in the past and relied on outdated methods, while
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UK expat retirees on the island have seen their purchasing power dwindle by hiking inflation and energy costs and the slump in the British pound eating away at their pension. The pound fell further against the dollar on Friday as concern over the UK government’s tax-cutting fiscal plans continued to grip markets. Sterling extended its
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We need to clarify from the very beginning that it was not really a collapse but a small-scale financial turmoil, most of which has passed, including the drama of the Bank of England having to intervene. The pound dropped by less than 10%, and long yields rose by about half a percent. And all of
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Cyprus will not be seriously affected by an energy supply crunch tied to the war in Ukraine threatening to cause widespread blackouts across the European Union this winter, say analysts. Nevertheless, as market players state, high fuel prices continue to plague the business sector, especially those that have accumulated problems on their balance sheet during
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