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EU Aims for Comprehensive Global Plastics Treaty in Geneva

Geneva: The European Commission has commenced negotiations on the Global Plastics Treaty (INC-5.2) in Geneva, Switzerland, to address the critical issue of plastic pollution. The treaty negotiations aim to establish a comprehensive agreement that tackles the entire lifecycle of plastics, from production to disposal, and includes measures to phase out

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May Industrial Turnover Index Sees 5.4% Annual Increase

Nicosia: The May Industrial Turnover Index recorded an increase by 5.4% on an annual basis. According to Cyprus News Agency, in May 2025, the Industrial Turnover Index reached 140.1 units (base 2021=100), marking a rise compared to May 2024. For the period from January to May 2025, the index showed

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Unemployment in Cyprus Drops by 6.6% Annually

Nicosia: The number of unemployed persons in Cyprus experienced an annual decrease of 6.6% as of July. According to Cyprus News Agency, data from the Statistical Service of Cyprus revealed that the unemployed persons registered at the District Labour Offices on the last day of July 2025 totaled 11,088. The

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Bank of Cyprus Announces Interim Dividend of Pound 0.20 Per Share

Nicosia: Bank of Cyprus Holdings Public Limited Company announced on Tuesday the declaration of an interim dividend of pound 0.20 per ordinary share, equivalent to approximately pound 87 million. This represents a c.40% payout ratio of the Group’s adjusted recurring profitability for the six months ended 30 June 2025. According

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International Energy Event EMC 2025 Set to Energize Cyprus

Nicosia: The leading International Event, EMC 2025 – Eastern Mediterranean Conference and Exhibition, is set to take place in Cyprus from October 20 to 21, 2025. This significant conference is the largest of its kind in the Eastern Mediterranean region and focuses on energy topics. It will be held under

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Cyprus Weather Update: Low Pressure Influences Local Conditions

Nicosia: The Cyprus Department of Meteorology has reported that a seasonal low-pressure system is currently affecting the area. The weather conditions are expected to remain mainly fine throughout the forecast period. However, during the night and morning hours, there will be increased low cloud presence, which may lead to the

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