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BUSINESSGeorge Karatzias was appointed chairman of the Cyprus Securities and Exchange Commission (CySEC) on Thursday, returning to the regulator just over two years after leaving to become an executive director at the Central Bank of Cyprus (CBC). The Cabinet approved Karatzias’ appointment for a five-year…
BUSINESSAuthorities on Thursday alerted the public to a new type of phone scam, where individuals impersonating police officers call people and ask for bank account information. According to a statement, police have received a number of complaints from people receiving such phone calls. The scamsters call…
BUSINESSA demonstration took place without incident outside the presidential palace late Thursday afternoon protesting the visit here by Israeli President Isaac Herzog. Organised by the Cyprus Peace Council and other anti-war groups, the protest drew a crowd of a few dozen. The organisation had described…
BUSINESSAn anticipated foodie event every season, after a brief summer break Fork Food Market is back. Its next event in the Municipal Gardens of Nicosia is set for Friday, September 18, when delicious street food, refreshing drinks, desserts and groovy music will fill the park. “September nights are…
BUSINESSIsraeli defence companies are interested in establishing operations in Cyprus to potentially benefit from the European Union’s SAFE defence financing programme, as President Isaac Herzog held talks with President Nikos Christodoulides in Nicosia on Thursday. The issue was among those discussed…
BUSINESSBorrowers with floating-rate loans will see their repayments rise following the European Central Bank’s (ECB) latest interest rate increase, although the impact will not be immediate , the Association of Cyprus Banks (ACB) said on Thursday. The ECB raised its three key interest rates by 25 basis…