Consumers are facing new significant increases in electricity prices, in the coming period, as well as in the medium term.…
Blinken meets Saudi crown prince amid heightened Mideast tensions
U.S. Secretary of State Antony Blinken met Saudi Arabia’s de-facto ruler, Crown Prince Mohammed bin Salman on Monday at the…
Turkish Cypriot bread crisis averted
Turkish Cypriot bakers and the north’s ‘economy ministry’ reached an agreement on Monday after finding themselves at odds surrounding the…
Sanctions unit in place by end of year
By year’s end Cyprus should have a national financial sanctions implementation unit, bringing the island up to speed with best…
EAC may hike bills by 25 per cent
The Electricity Authority of Cyprus (EAC) may end up hiking its rates by up to 25 per cent should it…
Green tax incentives for businesses
Tax incentives provided by the State for the energy upgrade of businesses were discussed in the Parliamentary Committee on Finance.…
CFA ‘will not accept’ Turkish Cypriots’ attempts to join world football
Cyprus Football Association (CFA) chairman George Koumas said on Monday he “will not accept” Turkish Cypriots’ attempts to unilaterally join…
Israel to bring in 65,000 foreign building workers to replace Palestinians
Israel’s government said on Sunday it would bring in 65,000 foreign workers from India, Sri Lanka and Uzbekistan to resume…
Cyta’s new board focuses on green transition
Finance Minister Makis Keravnos on Monday met the new board of the Cyprus Telecommunications Authority (Cyta) to discuss goals relating…
California’s atmospheric river delivers torrential rain, fierce winds
A massive Pineapple Express storm – the second in recent days – stalled over Southern California on Monday, drenching the…