Cyprus News

Mourners are gathering at the Islamic Cultural Center of Northern California in Oakland to remember Malcolm X's grandson, Malcolm Shabazz.

The production line at Fiat's Grugliasco factory in Turin, Italy. Are things looking up for the european auto industry at last? Photograph: Bloomberg Crisis-hit Cyprus could be headed for a much worse recession than initially anticipated when international creditors agreed to prop up its economy, the IMF has announced in a 47-page report released ... (more)

In this Thursday, March 28, 2013 file photo, people wait outside a branch of Laiki Bank in Nicosia.

Turkish Prime Minister Tayyip Erdogan said on Thursday he saw a good opportunity for progress towards ending the division of Cyprus, a move that could further the exploitation of natural gas and oil in the eastern Mediterranean.

Turkish Prime Minister Recep Tayyip Erdogan has said that there is an opportunity to reach an agreement on the Cyprus issue.

Cyprus' Finance Minister Harris Georgiades listens during an interview with the Associated Press in his office at the Financial ministry in capital Nicosia, Cyprus, Thursday, May 16, 2013.

Eight flights to and from Larnaca and Paphos airports will be affected by a Greek air traffic controllers strike Thursday.

The National Council, the top advisory body to the President, convenes on Wednesday to discuss the financial situation in Cyprus.

When the Cyprus bank run began earlier this year, Russians set much of the pace.

Urals Energy Public Company Ltd. Evagoras Building, Office 34, 3rd Floor 31 Evagoras Avenue CY-1066 Nicosia CYPRUS Tel.: +357 22 451686 Fax: +357 22 451687 Urals Energy Public Company Limited , a Cyprus-based holding company admitted to trading on the London Stock Exchange's Alternative Investment Market , is an independent oil company with its ... (more)

European finance ministers struggled Tuesday to agree on ground rules stipulating how to treat big depositors in future Cyprus-style bank 'bail-ins' when lenders go to the wall.

Two compatible bone marrow donors have been found for a little Cypriot boy suffering from leukaemia.

Stabilising the economy is a top priority, House President Yiannakis Omirou has said, noting that the Bank of Cyprus is at the core of that effort.

A Turkish Cypriot man accused of rape has been remanded on bail by Larnaca court.

The Annual General Meeting of the shareholders of Prosafe SE was held on 14 May 2013 at 09:00 a.m. Cyprus time in the company's registered office at 126 Stadiou, 6020 Larnaca, Cyprus.

Commenting on a recent study on money laundering in the Mediterranean island, eurozone finance ministers said in a joint statement it must do better on "customer due diligence by banks" and must fix "the functioning of [its] company registry." Dutch finance chief Jeroen Dijsselbloem, who chairs the ministers' meetings, added: "This report shows ... (more)

Along with its subsidiaries, the company is engaged in the trading of crude oil and refined products, petrochemical products, natural gas, power, vegetable oils and carbon emission.

Nicosia assize court will give a verdict in the trial of four people accused in the murder of Cyprus media tycoon Andis Hadjicostis The hearingwill be held on June 13 During Monday's hearing, the prosecution completed its final speech.

Cyprus is expected get its first a 3 billion bailout tranche approved at a meeting of eurozone finance ministers on Monday.

The special advisor to UN Secretary-General for Cyprus, Alexander Downer, will report the latest developments in the efforts to resolve the long-standing Cyprus problem to the UN Security Council on May 30 following a dinner by the leaders of the two communities President Nicos Anastasiades and Turkish Cypriot leader Dervis Eroglu in Nicosia.