GENERAL
Bank of Cyprus Named “Most Honored Company” in Extel’s Annual Ranking
Nicosia: The Bank of Cyprus announced on Friday that it has received a prestigious and highly significant distinction, being named a ‘Most Honored Company’ in Extel’s internationally renowned annual survey.
According to Cyprus News Agency, the Bank …
Cyprus Sees Significant Surge in May Exports, Yet Faces Widening Trade Deficit
Nicosia: Cyprus recorded a sharp increase in goods exports in May 2026, boosted in part by transfers of economic ownership of vessels, but a strong rise in imports led to a wider trade deficit during the first five months of the year, according to pro…
Cyprus Weather Update: Seasonal Low Pressure Brings Mist and Fog Risks to Coastal Areas
Nicosia: Cyprus is currently experiencing a period of seasonal low pressure, which is impacting the overall weather conditions across the island.
According to Cyprus News Agency, the Cyprus Department of Meteorology has forecast mainly fine weather…
Cypriot Firefighting Aircraft Expected to Return from France on Saturday
Nicosia: Two Cypriot firefighting aircraft that have been assisting in combating large fires in France are anticipated to return home on Saturday, contingent upon the situation not worsening, as stated by the National Civil Protection Coordinator, Chi…
University of Cyprus Celebrates Six New PhD Graduates for Groundbreaking Research in Key Technological Areas
Nicosia: KIOS Center of Excellence at the University of Cyprus has proudly announced the graduation of six new PhD students from the Department of Electrical and Computer Engineering. The students conducted their pioneering research at the KIOS Resear…
Cyprus Weather Update: Seasonal Low Pressure Brings Variable Winds and Clear Skies
Nicosia: The Department of Meteorology in Cyprus has issued a forecast for the sea area surrounding Cyprus, effective from 1800 on July 10, 2026, until 1800 on July 11, 2026. The forecast area extends 8 kilometers seawards and highlights the impact of…
MEDICAL
WHO suggests ‘targeted vaccination’ for mpox instead of mass jab
GENEVA: The World Health Organization (WHO) has recommended “targeted vaccination” in the fight against mpox, instead of mass vaccination in
WHO Europe chief says mpox ‘is not the new COVID’
GENEVA: The Europe chief of the World Health Organization (WHO) said Tuesday that mpox, declared a public health emergency of
Philippines detects 1st mpox case this year
ANKARA: The Philippines has detected a new case of the mpox virus, the first since December last year, health authorities
Philippines detects 1st mpox case this year
ANKARA: The Philippines has detected a new case of the mpox virus, the first since December last year, health authorities
GOVERNANCE
Hold Israel accountable for terrorism: Maldives president tells UN
ISTANBUL: Maldivian President Mohamed Muizzu urged the international community on Tuesday to hold Israel accountable for ‘acts of terrorism’ as he pushed back against violation of international law. ‘Israel must be held accountable for these acts of terrorism, for these violations of international law and UN resolutions,’ Muizzu told the
Turkish, Serbian presidents meet in US for talks
WASHINGTON: Turkish President Recep Tayyip Erdogan and his Serbian counterpart Aleksandar Vucic met on Sunday in New York for talks. The closed-door meeting at the Turkish House came on the sidelines of the 79th session of UN General Assembly (UNGA). Trkiye sees Serbia as an important country for the stability
MARKET
ECB expected to cut deposit interest rate to 2%, experts say
ISTANBUL: The European Central Bank (ECB) is expected to continue its rate cuts at its monetary policy meetings this year, with experts estimating that the bank could reduce its deposit interest rate to as low as 2%.
According to estimates in the mon…
Trkiye aims to boost exports, strengthen trade ties with Japan
ANKARA: Trkiye’s trade volume with Japan, one of its target countries for increased exports, rose 49% in 2019-2023 from $4.1 billion to $6.1 billion, as Trkiye aims to boost its exports to Japan via its current strategy.
Trkiye’s exports to Japan bet…
Trkiye aims to boost exports, strengthen trade ties with Japan
ANKARA: Trkiye’s trade volume with Japan, one of its target countries for increased exports, rose 49% in 2019-2023 from $4.1 billion to $6.1 billion, as Trkiye aims to boost its exports to Japan via its current strategy.
Trkiye’s exports to Japan bet…
Shortage of skilled labor, inflation deemed biggest problems plaguing economy
ISTANBUL: The global business world considers the shortage of skilled labor and inflation to be the biggest problems for businesses, according to the results of a recent survey.
The ‘Chamber Pulse: Global Markets, Local Landscapes 2024’ survey, relea…