Six people, including a suspected Azeri hitman, will stand trial in Cyprus on 6 December for allegedly plotting to attack Israeli businesspeople on the island. The Azeri national – thought to be behind the operation – and five others face charges of conspiracy to murder, participation in a criminal organisation, terrorism, illegal possession of firearms
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By Hussein Sayed, Chief Market Strategist at Exinity Nothing appears to stop the bullish run in equity markets that took the major US indices to new record highs last week. The S&P 500 added 2%, bringing its year-to-date gains to 25.1%. The robust performance came despite the Federal Reserve’s announcement that it will begin normalising
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Cyprus businesses started using the CovScan application on Monday to verify customers’ Safe Pass while those aged 50 and over can get a booster jab. Door greeters at supermarkets, bakeries and retail shops have until 22 November to get familiar with the application before it becomes obligatory. Last week the government decided that Safe Pass
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British Bases personnel, units from the UK and the Republic of Cyprus, have completed three days of joint bomb disposal training in Akrotiri to “share best practices and foster working relationships for future collaboration”. Exercise Hades Bident saw experts from RAF Akrotiri’s Ammunition Troop working alongside the Cyprus Police and National Guard Explosive Ordinance Disposal
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Cyprus reported no coronavirus-related deaths on Sunday, the fifth day this month with no Covid deaths, as the number of new daily cases and hospitalisations dropped from week highs to 133 and 69, respectively. The health ministry said in its Covid bulletin that the death toll since the pandemic started remained unchanged at 576. New
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This time two years ago, a novel coronavirus was happening in a faraway place called Wuhan in China; we didn’t think that several months later, the globe would catch the deadly virus. We thought it would pose little more than a nuisance such as the common cold or flu if it ever reached our shores.
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Olivewood is not dead in the water, following a fallout with Hollywood producers of the first high-profile film filmed in Cyprus, as it continues to attract big productions and infrastructure investments. The government is confident that Cyprus’ rebranded audiovisual industry will gain the trust of big studios, shaking off the nightmare after Hollywood producers sued
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News from the World Travel Market in London this week may have been disappointing regarding holiday bookings for next year, but it also serves as a wake-up call to all stakeholders. Our tourism product needs a general overhaul, widening the net of services to be considered unique, value-for-money, and attract more quality tourism. As the
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Cyprus reported one coronavirus death on Saturday, while the number of new cases dropped below 200, and hospitalisations were up fractionally at 74. New daily infections fell to 174 from a high of 280 at the start of the week. The Health Ministry said in its Covid bulletin that the latest victim since the pandemic
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It’s business as usual for champions Omonia’s wealthy owner Stavros Papastavrou after a takeover deal by Cypriot expat billionaire John Christodoulou suddenly collapsed. Monaco-based Cypriot billionaire Christodoulou was set to take over Omonia FC in a deal worth around €28 mln, from the current major stakeholder, New-York based Papastavrou. “We had never stopped doing our
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