The hot summer temperatures are set to continue around the island on Saturday. Temperatures are set to reach 38 degrees Celsius inland, 33 degrees Celsius on the west coast, 35 degrees Celsius on the rest of the coasts, and 29 degrees Celsius in the mountains. The skies will largely be clear, save for increased cloud […]
Ever wondered if your investments can weather market storms? Strategic Asset Allocation (SAA) might be your answer. By spreading investments across various asset types, SAA aims to reduce risk and boost returns. This article explores how SAA can act as a shield during market downturns, offering insights and strategies to help secure your financial future. […]
Frederick University enjoys respect and recognition both nationally and internationally, having received numerous accolades, awards and certifications from independent international bodies. It is proud to be home to a talented, energetic and diverse academic community that is driven by a student-centric approach, an innovative focus on soft skills training and a spirit of service for […]
“If I don’t leave Cyprus at least once a year, I go insane! Even paradise palls after a while.” This is island fever. Sometimes known as ‘rock fever’, the term was coined in Hawai’i and used to describe the feeling of restlessness, isolation and boredom experienced by those cut off from the mainland. But it […]
Lovers of jazz music rejoice, a beloved jazz festival is back. Happening towards the end of August, the 24th edition of Paradise Jazz Festival will bring together music fans, esteemed local musicians and guest artists from abroad at Val’s Place, in the beautiful village of Gialia. The festival is an annual happening in the Paphos […]
Despite a challenging year, Cyprus managed to see an increase in both tourist arrivals and revenues in the first half of the year, Deputy Tourism Minister Kostas Koumis said, while reiterating that negative reports must not be allowed to grow into something more severe. Speaking at an event held by the Limassol Chamber of Commerce […]
By Charles Ellinas Earlier in July, the EU published its ‘European Innovation Performance Scoreboard 2024’ and in June the IMF published its new ‘AI Preparedness Index Dashboard’. Both put Cyprus in good light in terms of innovation and artificial intelligence (AI). European Innovation Scorecard The European Innovation Scorecard (EIS) is an annual publication and is […]
Coca-Cola (KO.N) raised its annual sales and profit forecasts earlier this week, as a round of price increases failed to deter consumers mainly in international markets from spending more on the beverage giant’s sodas, energy drinks and juices. Shares of Coca-Cola rose nearly 1 per cent in premarket trading as the company also posted a […]
Computer mouse maker Logitech International (LOGN.S) raised its full-year sales and profit outlook this week, saying it expected full year sales growth of up to 3 per cent after a strong performance across nearly all its product categories. The Swiss-American company reported sales growth of more than 10 per cent in its devices for computer […]
Shares in SAP (SAPG.DE) rose as much as 7 per cent to reach an all-time high earlier this week, after Europe’s largest software maker reported better-than-expected quarterly operating income, buoyed by revenue growth and intensified cost-cutting. The German company, whose software is used to run operations from accounting to supply chain management, said late on […]
Concerns are continuing to grow over the state of operations of ambulance services in Cyprus, with the federation of Cyprus patients’ associations (Osak) becoming increasingly restless over what they perceive as a lack of progress on the matter. They had suggested the creation of a publicly run “national ambulance authority” which would operate ambulances centrally, […]
The national guard celebrated its 60th birthday on Thursday by holding manoeuvres in Zygi in the presence of President Nikos Christodoulides and the Minister of Defence Vasilis Palmas, both of whom lavished praise on the army’s battle-readiness and the soldiers’ morale and high level of training. “As long as we have the continuing, illegal Turkish […]