Athens International Airport shareholders have given the go ahead for the sale of a 30% stake in the country’s biggest…
DP World Limassol names Simon Pitout as new CEO
Simon Pitout has been appointed as DP World Limassol’s new Chief Executive Officer (CEO), effective from June 1, 2023, the…
Cyprus Finance Minister insists on unfreezing of 1851 civil servants’ positions
Cyprus Finance Minister Makis Keravnos on Wednesday said the need to hire more civil servants is there and that House…
UN tries to save Black Sea grain deal with ‘mutually beneficial’ proposal
The U.N. has proposed that Kyiv, Moscow and Ankara start preparatory work for the transit of Russian ammonia through Ukraine…
Cyprus intensifies efforts to build a new natural gas link with Israel
Cyprus has intensified efforts to build a new natural gas link with Israel in order to export the fuel to…
Petroleum products sales down by 5.2% annually
According to the Cyprus Statistical Service, in April 2023, total petroleum sales reached 105,527 tons, marking a decrease of 5.2%…
Turkish lira slips as Erdogan secures victory
Turkey‘s lira slipped towards a fresh record low against the dollar as President Tayyip Erdogan secured victory in the country’s presidential election…
Turkish lira’s long decline a symbol of strife
LONDON/ANKARA, May 26 (Reuters) – As Turkey’s lira hit a record low ahead of the country’s election decider on Sunday, the currency is looking increasingly dysfunctional…
Biden, McCarthy looking to close US debt ceiling deal for two years
The White House and congressional Republicans on Friday aim to put the final touches on a deal to raise the…
Cabinet approves holiday subsidy plan for low-income pensioners
The Cabinet approved today a vacation subsidy plan for low-income pensioners in the mountainous areas of Cyprus and the Pyrgos…