Cyprus and Egypt currently face the most immediate credit risks than other countries rated by Scope Ratings due to the Israel-Hamas conflict, said the German credit rating agency. In its report ‘Hamas attacks
The real estate landscapes of Greece and Cyprus are undergoing significant transformations, with both nations displaying promising growth and recovery. However, beneath the surface of these top-line numbers, underlying challenges and disparities
Several hundred people arrive daily in Cyprus on commercial flights from Tel-Aviv after the crisis following the Hamas attack against Israel. Some 24 flights from Israel to Cyprus (23 to Larnaca airport
Cyprus has received 160 foreign nationals airlifted to the island from war-torn Israel on a Portuguese military transport plane, with Austria also permitted to operate rescue flights, officials said Wednesday. Portugal has
International Monetary Fund (IMF) World Economic Outlook forecasts that Cyprus’ growth rate for 2023 will slow to 2.2% GDP, down from the 2.5% it had projected in April. For 2024, the IMF
The Foreign Ministry said Tuesday that Cyprus has activated its humanitarian rescue mechanism to provide a safe transfer hub for foreign nationals evacuated from Israel after the shock attack by Hamas militants
The island is considered the largest ship management centre in Europe and one of the biggest in the world, President Nikos Christodoulides told the Maritime Cyprus 2023 Conference in Limassol. In his opening address, the
Nasser Al-Attiyah (Qatar), with Mathieu Baumel (Andorra) as his co-driver in their Volkswagen Polo GTi R5 car, triumphed in the 50th anniversary Cyprus Rally over the weekend. Oman’s Al-Rawahi came second, and
Cyprus said Monday it was critical to ensure connectivity to its close neighbour Israel during Hamas militant attacks, with flights in and out continuing to operate. Minister of Transport Alexis Vafeades said
Cyprus is ready to assist in the situation that has developed in Israel, which it is closely monitoring, said President Nikos Christodoulides, giving instructions to increase checks at various entry points. He
