Middle Eastern countries
Turkish Cyprus to overcome embargoes: Vice president
Turkish Vice President Cevdet Yılmaz has expressed a firm belief that Turkish Cyprus will gradually overcome the embargoes and embrace global connectivity.
His statement came during a joint press conference with Turkish Cypriot President Ersin Tatar on June 19, where the two leaders discussed economic cooperation and the future of the north side.
Poland and Spain withdraw from Turkish military exercise over northern Cyprus presence
Poland and Spain have pulled their personnel from a Turkish-led military exercise over the presence of troops from the breakaway entity in Turkish-occupied northern Cyprus, military sources have said.
The exercise, named Anatolian Phoenix, is being held from June 6 to 16 in the Turkish interior.
Cypriot banks maintain a high solvency ratio
The overall solvency ratio of the Cyprus banking sector stood at 21.2% at the end of December 2022, the same as September 2022, according to data published by the Central Bank of Cyprus last week.
According to key aggregate financial indicators for the Cyprus banking sector, by CBC, an annual increase of 50 base units was recorded.
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Two held over attack on Turkish Cypriot woman
Two young men, aged 22 and 30, have been remanded on suspicion of assaulting a Turkish Cypriot woman in Greek Cyprus over the weekend, with police seeking another one.
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Cyprus unveils campaign to counter spike in asylum seekers
Cyprus is launching an information campaign to counter a spike in irregular migration, authorities said on Tuesday, saying they were struggling with the highest inflows in the European Union.
The island has had the highest new asylum applications in proportion to its population for the past six years. Eurostat data for 2022 showed it at double that of second-placed Austria.
Gas a priority for affordable electricity generation, Cyprus Chamber agrees
The Cyprus Chamber of Commerce and Industry (CCCI) agrees with Nicosia's priority to bring natural gas το Cyprus, in order to produce cheap electricity, said CCCI President Christodoulos Angastiniotis, after a meeting held between the CCCI and the country's President Nikos Christodoulides on Tuesday.
Cyprus wants more EU involvement in reunification efforts, says President
Cyprus wants more direct involvement of the European Union in attempts to end the decades-old division of the island, its president Nikos Christodoulides said on Thursday.
Cyprus making extra efforts to ensure air safety amid Turkish warplane incursions
Cyprus authorities say they're take extra efforts to ensure flight safety isn't compromised from Turkish warplanes and military drones flying inside Cypriot-monitored airspace without filing either flight plans or communicating with air traffic control.
Terkenlis shuts up shop in Cyprus
After operating in Cyprus for four years, Greek confectionery chain Terkenlis has made the decision to close its doors there.
Over the past two weeks, the company has ceased operations and deactivated its social media presence.
The specific reasons behind the closure are unknown, leaving uncertainty regarding the company's future actions within the Cypriot market.
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Energean unveils plans for Israeli gas exploration
Energean announced on Thursday that by September 2023 it will submit a comprehensive program for the exploitation of the deposits of the "Olympus Area" of the Israeli exclusive economic zone to the Israeli government for approval, so as to begin its implementation in early 2024.
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