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
Brussels: The European Commission has intensified its investigation into Platform X by implementing three additional technical investigatory measures concerning the platform’s recommender system. These measures are part of the formal proceedings initiated on December 18, 2023, under the Digital Services Act (DSA). According to Cyprus News Agency, Executive Vice-President for
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
Nicosia: Cyprus has provided pound 92,000 in total to UNICEF and United Nations Office for the Coordination of Humanitarian Affairs (UNOCHA) as humanitarian assistance to the people affected by the earthquake in Vanuatu in December 2024, the Ministry of Foreign Affairs says. According to Cyprus News Agency, Cyprus has responded
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: 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
