Daily Archives: September 18, 2019

ENERGY: Turkish drillship withdraws from Cyprus waters

One of two Turkish drillships operating illegally within Cyprus’ exclusive economic zone has left the area where it was exploring for hydrocarbons, according to pro-government Turkish media.

The vessel Yavuz, is said to have moved to the Turkish port of …

MARKETS: Oil surrenders 5% more as Pompeo visits Abu Dhabi, Jeddah

What goes up must come down. That famous saying is especially true when discussing the valuation of crude oil this week, with the commodity having declined a whopping 13% since the astonishing 20% climb in prices that made headlines around

TECHNOLOGY: Cyprus playing catch-up in the digital economy

Cyprus cannot be left behind and adrift in the digital revolution taking place, said Communications Minister Vassiliki Anastassiadou at the Connecting Europe Facility (CEF) Digital Workshop.

We are prepared to take the necessary steps so that Cyprus will not stay …

Humanitarian aid: over Euros 34 million in African Great Lakes region

The European Commission has announced Euros 34.275 million in humanitarian funding to help the most vulnerable people in the Great Lakes region in Africa.

The aid will mainly help address urgent humanitarian needs in the Democratic Republic of Congo and

ENERGY: Total and Eni stake another claim in Cyprus gas search

Energy giants Total and Eni have joined forces to exploit another oil and gas block up for grabs offshore Cyprus, Cypriot authorities said Wednesday.

The agreement makes France’s Total and Italy’s Eni the biggest players in the Mediterranean island’s energy …

22nd EMU Orientation Days Continue

The 22nd Eastern Mediterranean University (EMU) Orientation and Welcoming Days are continuing. Around 1000 students have participated in the 22nd Orientation Days which commenced on the 9th of September 2019. The Orientation Days which will continue until the 28th of