EY announces combined global revenues of US$37.2b for the financial year ended June 2020, an increase of 4.1% in local currency despite the global economic impact caused by COVID-19. Over the past seven years, the global EY organization (EY) has recorded strong 7.7% compound annual growth.

After the recent surge in coronavirus cases in the Larnaca district, where multiple chains of infection continue to grow daily, the health ministry on Wednesday re-imposed a number of localized restriction measures in a bid to tone down the spread.

Cyprus reported a staggering 36 new coronavirus cases on Wednesday, the highest since 9 April, as Health authorities agreed restrictions for social gatherings in Larnaca now the epicentre of the pandemic.

A significant decrease in building permits was recorded in the first half of 2020, due to the restrictive measures against the spread of the coronavirus in Cyprus.

Nine cruise ships from Carnival cruise line and their sister companies are currently anchored off Limassol, after journeys were cancelled due to coronavirus restrictions and lockdowns, the Limassol port chief Panayiotis Agathocleous said on Wednesday.

Cyprus SDM says effective co-operation between regulators and the industry lies at the heart of sustainable shipping

The founding members of the East Mediterranean Gas Forum signed a charter during an online ceremony on Tuesday, marking the group’s organization status in seeking to promote regional cooperation.

The University of Cyprus has secured European funding of €900,000 for a project by the department of Byzantine and modern Greek studies, it was announced on Tuesday.

“Cyprus shipping is seeing a slow but steady recovery, and better freight rates,” says Thomas Kazakos, Director General of the Cyprus Shipping Chamber told the Cyprus Mail in an interview.

The file on the registration of halloumi cheese as a product of protected designation of origin (PDO) has not been closed as there is still no agreement on all five points of common understanding on the issue reached between the President of the Commission and the leaders of the two communities in 2015, according to the Commission Spokesperson Miriam Garcia Ferrer.