meeting

Larnaca port workers stage protest against Kition (update)

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Larnaca port workers stage protest against Kition (update)

Workers at the Larnaca port staged a protest against former port operator Kition Ocean Holdings over fears regarding their pay after Kition’s contract was terminated by the government. The government reached a deal with the workers to ensure their continued employment while searching for a new operator. Qatar has shown interest in taking over the port’s running. President Christodoulides wants the issue to be handled immediately.

Saudi Arabia sets up new Aramco share sale that could raise $13.1 billion

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Saudi Arabia sets up new Aramco share sale that could raise $13.1 billion

Saudi Arabia’s government filed papers to sell a new stake in state oil giant Aramco that could raise as much as .1 billion.

Slovak Prime Minister Fico released from hospital, media says

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Slovak Prime Minister Fico released from hospital, media says

Slovak Prime Minister Robert Fico was released from the hospital in Banska Bystrica and taken to his apartment in Bratislava after recovering from an assassination attempt. The attacker, 71-year old Juraj C., hit Fico with four bullets at short range during a government meeting in Handlova on May 15.

Italy beat England on penalties to reach u17 Euros semi finals

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Italy beat England on penalties to reach u17 Euros semi finals

Italy scraped past England on penalties after the tie ended level at 1-1 after 90 minutes at the AEK Arena in Larnaca on Thursday night, to book their place in the Uefa under 17 championship semi finals.The game was fast paced from the start, with both sides at ease zipping the ball around the pitch … Read more

Disciplinary action begins against CyBC director general for mismanagement

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Disciplinary action begins against CyBC director general for mismanagement

Disciplinary proceedings have begun at state broadcaster CyBC against director general Thanasis Tsokos for allegations of abuse of power and financial mismanagement. The board of CyBC is meeting to appoint a Deputy Director General to ensure normal operation. A decision for a disciplinary investigation into Tsokos was made by the cabinet on April 30, 2024, with Emmanuella Lambrianidou appointed as the investigating officer.

The joke with the Cabinet meetings

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The joke with the Cabinet meetings

The text criticizes the practice of televising the President’s introduction before Cabinet meetings, questioning the purpose it serves beyond displaying government power. The President is shown doling out orders to ministers, addressing them by their first names and discussing important issues such as the Larnaca marina and amendments to laws. The outcome of the discussion is announced at the end of the meeting, which is closed to the public, leading to the question of the point of televising the introduction.

Firm dollar, higher US yields on Fed cut delays

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Firm dollar, higher US yields on Fed cut delays

The GBPUSD pair weakened to 1.2695 in early Asian trading on Thursday due to a stronger US Dollar supported by higher US yields and lower bets of a Federal Reserve rate cut in September.

He once sold tea, now India, ’s Modi seeks his own ‘tryst with destiny’

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He once sold tea, now India, ’s Modi seeks his own ‘tryst with destiny’

Narendra Modi aims to set India on the path to abolishing poverty and becoming a fully developed nation by 2047, the 100th year of independence from British colonial rule.

Qatar , ‘interested’ in taking on Larnaca port

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Qatar , ‘interested’ in taking on Larnaca port

Qatar has shown interest in taking on the running of the Larnaca port. President Nikos Christodoulides wants the issue to be handled immediately. Kition sent notice of dismissal to all its workers at the port on Tuesday night.

CySEC suspends Cyprus investment firm license over compliance issues

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CySEC suspends Cyprus investment firm license over compliance issues

The Cyprus Securities and Exchange Commission (CySEC) has suspended the Cyprus Investment Firm (CIF) license of W.G. Wealth Guardian Ltd due to suspicions of violations of the Investment Services and Activities and Regulated Markets Law of 2017. The company is suspected of not consistently meeting the authorization conditions set out in the law, including initial capital requirements and safeguarding client financial instruments and funds. The company has one month to comply with the relevant provisions, and during the suspension period, it is prohibited from providing investment services, entering into business transactions, accepting new clients, and advertising itself as a provider of investment services.