Nicosia: Eurobank has finalized the sale of its 8.58% stake in Demetra Holdings Plc to Logicom Services Limited, resulting in a transaction valued at approximately £27 million. The completion of this transaction, which took place on January 16, 2025, involved the transfer of 17,152,353 shares at a price of £1.55
Nicosia: The Cyprus Department of Meteorology has issued a forecast for the sea area of Cyprus, indicating that weak high pressure is currently affecting the region. The weather is expected to remain mainly fine, though there will be instances of locally increased cloud coverage. According to Cyprus News Agency, the
New York: The UN Secretary-General’s Special Representative in Cyprus and Head of the United Nations Peacekeeping Force in Cyprus (UNFICYP), Colin Stewart, informed the members of the Security Council about the situation and recent developments in Cyprus, in view of the adoption of the resolution for the renewal of the
Nicosia: The substantial and actionable promotion of sports is our highest obligation, stated President Nikos Christodoulides on Thursday evening while addressing the Cyprus Sports Journalists Association (EAK) at the “52nd Celebration of the Best 2024” of Cypriot Sports. The event was dedicated to athletes who excelled at the Olympic and
Nicosia: The Harmonised Index of Consumer Prices (HICP) witnessed an increase of 3.1% from December 2023 to December 2024, with a slight decrease of 0.3% between November 2024 and December 2024, as reported by the Statistical Service in a press release on Friday. The overall HICP for the period January
Nicosia: Security and migration issues, regional developments and the constructive role of Cyprus in the region were discussed on Friday between Minister of Foreign Affairs, Constantinos Kombos, and European Commissioner for Home Affairs and Migration, Magnus Brunner, who is in Nicosia for contacts. According to Cyprus News Agency, Kombos, in
