The new chair of the markets watchdog has pledged to continue to protect the interest of investors while helping the sector grow and adapt to new challenges, primarily in financial technologies. Dr George Theocharides assumed duties as the new Chairman of the Cyprus Securities and Exchange Commission (CySEC) this week, succeeding Demetra Kalogerou, having been
More
Austria’s minister for the European Union accused Turkey of using migrant flows as a means to pressure the 27-member bloc for its own purposes and warned that the EU wouldn’t be “blackmailed” by any country. Karoline Edtstadler said countries on the EU’s external borders like Cyprus wouldn’t be left alone to fend for themselves amid
More
It is now generally accepted that 2021 has officially signalled a new era for humanity and business. An era dedicated to Sustainability and Sustainable Development as compliance with the United Nations Agenda 2030 and the 17 Sustainable Development Goals (SDGs) is sought. At the European Union level, Phase A Regulations that will lead to Sustainable
More
Cyprus reported one coronavirus death on Thursday, a drop in new daily infections and hospitalisations, at 124 and 97, respectively, while the death toll was adjusted to include undeclared cases mostly in the previous month. The health ministry said in its Covid bulletin that a 92 year old woman was the latest victim of the
More
President Nicos Anastasiades confirmed a trilateral meeting on the Cyprus issue would be held in New York, on the sidelines of the UN General Assembly later this month. Anastasiades told reporters in Athens; he would have a working breakfast with Turkish Cypriot leader Ersin Tatar and the UN Secretary-General Antonio Guterres in New York without
More
A Cypriot court’s conviction of a young British woman for lying about being gang-raped by Israeli tourists was a miscarriage of justice, lawyers appealing the ruling said Thursday. The unnamed woman, who was 18 at the time of her arrest, alleged up to 12 Israelis raped her in a hotel room at the seaside holiday
More
Cyprus is witnessing bad weather after the recent high temperatures, recording the first heavy rainfall after an unusually hot summer. The island’s Met Office has issued a yellow warning for extreme weather, warning of local thunderstorms on Thursday. The first storms broke around noon in the northeastern parts of the island, reaching the coasts of
More
Cyprus’ largest mall, the Metropolis in Larnaca, costing €85 mln to build, opened its doors on Thursday following delays due to the coronavirus pandemic. Metropolis Mall houses 135 stores covering 40,000 square metres, while the entire area expands to 70,000 square metres. Initially scheduled to open at the end of 2020, its opening was postponed
More
Cyprus’ Transport Ministry is boasting success in maintaining the island’s flight connectivity with the rest of the world during the coronavirus crisis, recording one of the lowest reductions in Europe for arrivals. According to the latest data released by Eurostat, the ministry said total arrivals on the island in the first eight months of the
More
Technical Committees from Nicosia and Cairo are proceeding with a study on the transfer of natural gas from the Aphrodite reservoir, in Cyprus’ exclusive economic block 12, to an Egyptian Liquefaction Plant. Delegations from both countries, who met in Cairo, included five officials from the Energy Ministry and the Cyprus Hydrocarbons Company (CHC) and officials
More
