Russia’s war in Ukraine can act as a catalyst for new energy sources, President Nicos Anastasiades said on Wednesday, adding that Cyprus can play its own role in EU’s collective effort.

The Ministry of Interior, the Cyprus Police, and the Social Welfare Services in collaboration with Hermes Airports have launched a joint campaign at Larnaca and Paphos airports to raise awareness of human trafficking among the traveling public and its front-line staff. The campaign also aims to educate the public and airport staff to be able to identify possible victims of human trafficking and how to handle such situations.

Tourist arrivals in Cyprus during the period January-April 2022 have reached 80% of the numbers recorded in 2019, which was a record year for Cyprus tourism, the Deputy Minister of Tourism, Savvas Perdios, has said.

Cyprus' tourism industry is taking a huge hit from the lack of Russian and Ukrainian tourists, with an estimated loss of €600 million this year alone.

Despite Cyprus legalising the cultivation, import, export, and use of medicinal cannabis in February 2019, patients still can’t get access to it.

KPMG in Cyprus will act as a technical service consultant, following participation in a public tender, for the provision of support to the Treasury of the Republic of Cyprus, in the framework of the implementation of the new eProcurement system.

The Doctor of Veterinary Medicine (DVM) degree will be offered by the private University of Nicosia (Unic) in the English language. It will provide practical training from the first year of the five-year programme.

Hellenic Bank recorded an after-tax profit of €25.1 million in the first quarter of 2022 and announced that it has already embarked on a three-year transformation journey to unleash its potential and deploy its strategy to achieve sustainable profitability.

The education ministry has prepared a five-year programme costing around €100 million for air conditioning in schools, minister Prodromos Prodromou has revealed.

Economic uncertainty amid the Ukraine war and the European Central Bank rate hikes announcement are pushing Cyprus bond yields upwards in the wider context of sovereign bond sell-off in secondary capital markets.