Nouman Ali

CySEC Chief Advocates for Capital Markets Union to Boost European Competitiveness.

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Nicosia: George Theocharides, Chairman of Cyprus Securities and Exchange Commission (CySEC), emphasized the necessity for further European integration during the Economist 20th Annual Cyprus Summit. He highlighted that establishing a Capital Markets Union would greatly facilitate investors in funding European companies, thereby enhancing their competitiveness on a global scale. According to Cyprus News Agency, Theocharides … Read more

Cyprus Becomes Net Recipient of 126 Million Euros in EU Funds for 2023, Says European Court of Auditors Member.

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Nicosia: Cyprus has emerged as a net recipient of 126 million euros from EU funds for the year 2023, with expectations of further increases by 2027. This revelation was made by Lefteris Christoforou, a member of the European Court of Auditors (ECA), during the presentation of the annual report for the financial year 2023 to … Read more

EU Official Calls for Renewed Efforts to Revive Cyprus Peace Talks.

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Brussels: Acting Director-General in the Directorate-General for Structural Reform Support at the European Commission, Judit Rozsa, stressed the need to foster a positive environment to revive peace negotiations in Cyprus. Speaking at an event hosted by the Left group in the European Parliament on Wednesday in Brussels, Rozsa emphasized the importance of showing Turkish Cypriots … Read more

Weak Low Pressure Brings Isolated Showers to Cyprus Sea Area.

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Nicosia: The Cyprus Department of Meteorology has issued a forecast for the sea area of Cyprus, indicating that weak low pressure is currently affecting the region. Isolated showers or thunderstorms are anticipated tonight, primarily over the western and northern coastal areas. During storms, winds may vary, becoming strong and gusty, impacting local conditions. According to … Read more

British and US Diplomats Highlight Cyprus’ Strategic Role in Regional Affairs.

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Nicosia: British High Commissioner Designate to the Republic of Cyprus, Michael Tatham, and US Ambassador to Cyprus, Julie Fisher, emphasized Cyprus’ strategic significance in regional matters at the Economist 20th Annual Cyprus Summit on Thursday. Tatham underscored the UK’s appreciation of Cyprus’ role, while Ambassador Fisher commended Cyprus’ initiatives, particularly the establishment of a maritime … Read more

EU and Greece Sign Landmark Agreement for Greek Islands’ Decarbonisation Fund.

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Naxos: Executive Vice-President for the European Green Deal, Maroš Šefcovic, has signed a significant agreement involving Greece and the European Investment Bank (EIB) to implement a national Decarbonisation Fund for the Greek islands. This landmark agreement, signed in Naxos, aims to transition the Greek islands towards a greener future. According to Cyprus News Agency, the … Read more