Cyprus is expected to tighten COVID-19 measures amid an Omicron surge, just days after introducing new rules, with further restrictions on social gatherings and nightclubs. President Nicos Anastasiades has called a meeting of government scientists on Tuesday at 6.30 pm to mull extra measures to blunt a COVID-19 spike that is the worst recorded globally.
More
One-tenth of Cyprus’ one million population is in self-isolation due to contracting COVID-19 or declared a close contact of a known case, as Omicron ravages the island. An unprecedented surge of COVID-19 cases, powered by the Omicron variant, has seen over 100,000 people go into isolation. Health Ministry data shows that 28,000 people have tested
More
The Electricity Authority of Cyprus plans to add another 40 electric vehicle (EV) charging stations by the end of the year, in addition to the 33 it already operates islandwide. A senior EAC official told the Financial Mirror that the tender issued on Tuesday is to purchase equipment to supply forty electric vehicles “public charging
More
President Nicos Anastasiades has called a meeting of government scientists on Tuesday to mull extra measures to blunt a covid-19 spike that is the worst recorded globally. According to Agence France Presse data, Cyprus recorded the world’s highest covid incidence rate of cases per 100,000 inhabitants over the last seven days. It was top with
More
For the 12th year, 20 Greek Cypriot and Turkish Cypriot entrepreneurs will receive a total of €200,000 for doing business together. The awards will be made in April 2022. Sir Stelios Haji-Ioannou, creator and owner of the easy family of brands (see www.easyHistory.info ) and the founder and President of the Stelios Philanthropic Foundation (see
More
Business confidence has reached near pre-Covid levels, boosted by services, construction and the manufacturing sectors, according to a leading economic sentiment benchmark, with the monthly survey suggesting uncertainty exists. The December Economic Sentiment Indicator (ESI-CypERC) increased by 2.1 points compared with November 2021, according to the Economics Research Centre of the University of Cyprus. The
More
Authorities urge consumers to be aware of potential discount scams during the winter sales season. Consumer protection services and watchdog organisations have warned that “loopholes” in legislation leaves room for price manipulation. Although winter sales officially get off the ground in January, some retailers have launched their sales campaigns straight after Christmas. The Cyprus Consumers
More
By Hussein Sayed, Chief Market Strategist at Exinity Group Equity markets had another fabulous year in 2021 with investors gaining double digit growth on their invested capital helped by continued fiscal stimulus, loose monetary policies, high levels of savings during the pandemic, a robust economic recovery, and most importantly solid corporate earnings. The MSCI World
More
Cyprus reported two coronavirus deaths on Monday, as new cases rose to the second highest total of 5,024, just below the staggering 5,048 infections on New Year’s Eve, while hospitalisations remained above the 200 safety level for the second day in a row. The number of Covid-19 cases dropped to 2,332 on New Year’s day,
More
A record nine kids, mostly under five, are receiving treatment for COVID at the Makarios Children’s Hospital, the highest number of hospitalisations since the pandemic broke out. The Head of the hospital’s Paediatric Ward, Dr Avraam Elia, called on parents to vaccinate their children. He told the Cyprus News Agency the age of the children
More
