A new agreement between Moscow and Tehran on comprehensive cooperation has been temporarily suspended due to problems that Iranian partners are facing, Russia’s RIA state news agency reported on Tuesday citing a Russian foreign ministry official.“This is a strategic decision of the leadership of the two countries,” RIA cited Zamir Kabulov, the foreign ministry official … Read more
Over the objections of the auditor-general and environmental groups, it was reported on Monday that the government is going ahead with the tenders’ process for the construction of fish farms in the area of Pentakomo.The €34 million project is being run by the Department of Fisheries and Marine Research. Both the auditor-general as well as … Read more
Investors are revising strategies to capitalise on the potential strengthening of the pound (GBP) in the wake of a Labour victory in the UK election on July 4 and increasing political uncertainty in Europe, according to the CEO of one of a leading independent financial advisory and fintech. A Bloomberg survey on Monday suggested that … Read more
All the traditional political parties came out bruised from EU parliamentary elections on Sunday, while Cyprus echoed the EU generally by electing far-right nationalists Elam to a seat at the table in Strasbourg. Cyprus, following trends of recent parliamentary elections in the country and those in Europe in general, gave one of the six seats … Read more
Restaurants and bars in Cyprus saw their attendance increase to 75 per cent of their overall capacity during May, according to Neophytos Thrasyvoulou, president of the Federation of Leisure Centre Owners (Osika), who also called on business owners to be more competitive with their pricing.In statements made to the Cyprus News Agency (CNA), Thrasyvoulou explained … Read more
A total of 5,352 candidates are ready to sit the 2024 island wide examinations for entry into public universities of Cyprus and Greece.On Monday 2,142 graduates are expected to take the English exam, with Minister of Education Athena Michaelidou visiting the Kykkos II lyceum in Engomi at 7.30am to wish students well. Head of the … Read more
Despite some significant positive changes in the proposed budget, foreign investors in Bangladesh still have major concerns about the effective income tax rate, which exceeds 40% in some cases, leaders of the Foreign Investors Chamber of Commerce and Industry (FICCI) said. “Despite the decrease in the corporate tax rate, the effective tax rate here in … Read more
Just 39 miles on the clock, trashed cars remain in limbo Eight-year-old Dickran Ouzounian treasured visiting his father Stefan’s garage, located a few metres from the bustling Ledra street, to admire the latest Toyota cars.He was fascinated by the brand-new, gleaming Corollas, Coronas, Crowns and Celicas. Now, 50 years later, as the CEO of the … Read more
THE BIGGEST news story over last few days has been that it was very hot. As if anyone in Kyproulla had not felt the scorching heat and had to be informed about it by continuous reports and updates from the media.OK, it was the highest ever temperature recorded in early June, but what more is … Read more
There are now no land mines left within the buffer zone, sources said on Saturday.Sources from the Cypriot government told the Cyprus News Agency (CNA) that the Greek Cypriot side considers that demining has now been completed, and that the only minefields of which they are aware are located inside the Republic. Those minefields, they … Read more