Archive 2022

Non-performing loans (NPLs) in Cyprus’ banking sector stood at €2.85 billion at the end of July 2022, reflecting a decrease of €69 million compared to the previous month, according to a report published ...

Hyundai Motor Group’s air taxi unit has picked aerospace supplier Honeywell International Inc (HON.O) to develop avionics systems for its eVTOL (electric vertical take-off and landing) aircraft, the ...

Oil prices plummeted on Friday as global recession fears and weak oil demand, especially in China, outweighed support from a large cut to the OPEC+ supply target. Brent crude futures ...

Diving accidents recorded a significant increase in recent years, with most people involved developing decompression sickness and requiring oxygen therapy, state health services organisation (Okypy) said on Friday. Accidents have ...

Cypriots trust their bankers less than anyone else in the European Union, according to the latest findings of the Eurobarometer. Despite trusting the advertising material of banks, only 17 per cent ...

Time and death are “on pause” for some people in Scottsdale, Arizona. Inside tanks filled with liquid nitrogen are the bodies and heads of 199 humans who opted to be cryopreserved ...

Oxygen supplies for patients needing home oxygen therapy will only be available on prescription through Gesy’s IT system from January 1, 2023, the Health Insurance Organisation (HIO) said in a statement ...

Interior Minister Nikos Nouris highlighted Turkey’s role in the trafficking of irregular migrants during the proceedings of the European union’s council of internal affairs on Friday. “The €200 million ...

Sweden has rejected plans to set up a formal joint investigation team with Denmark and Germany to look into the recent ruptures of the Nord Stream 1 and 2 pipelines, a Swedish ...

Police in Limassol are investigating a case of rape of a minor. Police spokesman Christos Andreou said that a man has been arrested for the case which is being investigated ...

Russia should be finished calling up reservists in two weeks, President Vladimir Putin said on Friday, promising an end to a divisive mobilisation that has seen hundreds of thousands of ...

Elon Musk said on Friday his rocket company SpaceX cannot indefinitely fund its Starlink internet service in Ukraine, which has helped the country’s civilians and military stay online during ...

The shareholders of the International Monetary Fund and World Bank on Friday selected Ukrainian Finance Minister Serhiy Marchenko as the next rotating chair of the boards of governors of both ...

A 41-year-old man, arrested by sovereign base police was handed over to local police on Friday to face justice for illegal possession of 22kg of cannabis. The man was arrested ...

Robbie Coltrane, the larger-than-life Scottish-born actor who played Hagrid in the Harry Potter films, has died at the age of 72, his agent said on Friday. Coltrane’s more than four-decade-long ...

A project which will connect the Cypriot, Greek and Israeli power grids through the world’s longest submarine power cable which will total over 1,200 kilometres with a 2,000 Megawatt capability that ...

Turkey’s main opposition group said on Friday it would ask the top court to throw out new media legislation that would jail people for spreading “misinformation”, calling the measures ...

Two brothers on Friday admitted murdering Maltese anti-corruption journalist Daphne Caruana Galizia in 2017, in a remarkable turnaround on the first day of their trial. Alfred and George Degiorgio had submitted “...

Flights from Moscow to Tymbou (Ercan) airport in the north of the island will start in March 2023, the Turkish Cypriot ‘transport minister’ Erhan Arikli said on Friday, and insisted that ...

Do we need more events happening in public, open spaces? Always. A new initiative brings the first edition of a festival that aims to fill the streets with creativity and ...

The island’s inland revenue service on Friday warned businesses that they must adopt the use of card payment machines or risk hefty fines. In a statement, it warned that ...

Israel’s Redefine Meat has struck a partnership with importer Giraudi Meats to drive European distribution of its “New Meat” steak cuts produced on 3D printers, it said on Thursday. ...

Currently on the first leg of his epic trek from Protaras to Paphos via Larnaca and Limassol, George Stylianou is crossing the island with one purpose in mind At the ...

The first post-pandemic edition of Alphamega Run As One, due to take place on Sunday, October 23, was officially announced at a press conference held at the University of Nicosia, on ...