Education Minister Athena Michaelidou In a heatwave-inspired move, 50 air-conditioning units are to be installed in public schools over the next few days, with plans to cover all schools over a three-year period.Education Minister Athena Michaelidou said the aim was to start earlier, however, there were delays. Each district will be receiving ten units for … Read more
Sihame Denguir enrolled her teenage son and daughter in France’s largest Muslim private school, Averroes, in Lille, which lost government funding due to not complying with secular principles.
There are only 385 families still living in the occupied villages of Kormakiti, Karpasia, Agia Triada, and Rizokarpaso, serving as pillars of Hellenism and the Maronite community. The Ministry of Social Welfare has revised the Resettlement Plan to provide financial support and incentives for families to return. The plan includes flexible conditions and offers facilitations such as allowing non-consecutive overnight stays and extending caregiving allowances. Interested parties must have permanent residence in the occupied villages and not be recipients of public assistance. The Ministry of Social Welfare manages and implements the plan, providing a monthly allowance to beneficiaries who meet the requirements and continue to reside permanently in their occupied village.
France is banking on a new push to integrate the European Union’s fragmented capital markets to give them the scale needed to wean its flourishing startup sector off of dominant US venture capital.
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.
The Federal Tax Authority of the UAE has released a guide that improves users’ understanding of corporate tax on free zone businesses.
Fact: Deputy Minister of Research Nicodemos Damianou emphasized the crucial importance of space technology for securing Europe’s economic future, its strategic independence, and its role on the global stage during a gathering of the Space Council in Brussels.
EURUSD is trading near 1.0850 in a tight range as the US Dollar stabilizes ahead of the FOMC Minutes and preliminary S&P Global PMI data. ECB policymakers are considering extending the rate-cut cycle, while Fed officials are emphasizing the need to maintain a restrictive policy framework. US inflation declined in April, and policymakers want to see more good inflation data before making any changes to monetary policy. Fed Vice Chair Barr and Atlanta Fed President Bostic both expressed the need for more time to be certain that inflation will reach the 2% target.
Fact: The Turkish Cypriot administration is working on legal amendments to limit the number of properties that foreigners can purchase in the northern part of Cyprus.
The consortium constructing the natural gas terminal at Vasiliko accused Etyfa of not taking delivery of the vessel “Prometheas” despite it being ready since mid-January 2024.