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Weather Forecast Predicts Calm Conditions for Cyprus Sea Area

NICOSIA: The Cyprus Department of Meteorology has forecasted favorable weather conditions for the sea area surrounding Cyprus for the period from 12:00 on January 2, 2025, until 12:00 on January 3, 2025. With high atmospheric pressure at 1030 hPa influencing the area, the outlook is predominantly positive, promising mainly fine

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Retail Trade Sees Significant Growth in November 2024

NICOSIA: Retail trade in November 2024 experienced notable growth, with a 7.2% increase in value and a 6.3% rise in volume compared to the same month last year. These figures were released by the Statistical Service, highlighting a robust performance in various retail sectors. According to Cyprus News Agency, cultural

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Electra Gas Field Developments Show Promise, Expert Suggests Patience

NICOSIA: The recently announced estimates for natural gas reserves at the “Electra” field in Block 5 of Cyprus’ Exclusive Economic Zone (EEZ) are significant, according to energy expert Dr. Charles Ellinas. Speaking to CNA on Thursday, Dr. Ellinas advised patience, as he believes that Exxon Mobil, which holds exploration rights

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