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January 17, 2025

Eurobank Finalizes Sale of Demetra Holdings Stake to Logicom

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

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Cyprus Experiences Weak High Pressure with Mainly Fine Weather

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

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SC Members Briefed by Stewart Ahead of UNFICYP Resolution

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

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Promoting Sports is the Highest Obligation, Says President Christodoulides

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

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Cyprus Weather Update: Current Temperature Levels Revealed

Nicosia: Today’s weather and temperatures for Cyprus have been released by the Department of Meteorology. This report provides the latest data on the temperature variations across the island. According to Cyprus News Agency, the Department of Meteorology has compiled the temperature readings from various stations. These readings cover the period

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Harmonised Index of Consumer Prices up by 2.3% in 2024

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

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