A new neonatal ICU is to be created in addition to the full renovation of the existing one, to facilitate the work of medical professionals but also to allow parents to spend more time with their premature babies, Okypy CEO Christis Loizides said on Tuesday.

Following the decision of the Council of Ministers to carry out SafePass checks through the CovScan Cyprus application, the Ministry of Health is reminding the public that the use of the application becomes mandatory from Monday, November 22, onwards.

The digitisation of banking services is ‘not an option, but an urgent need’, the Hellenic Bank CEO Oliver Gatzke said on Monday at The Economist’s annual Cyprus Summit in Nicosia.

Cyprus, along with Greece, Italy and France agreed to cooperate to promote the teaching of ancient Greek and Latin languages, which, they said, are the common cornerstone of European and Mediterranean culture.

The first batch of halloumi produced according to protected designation of origin (PDO) specifications was produced at a factory in Frenaros on Wednesday.

In the coming days, the first vultures will arrive by plane from Spain, which will support the extremely reduced population of the species in Cyprus, according to an announcement by BirdLife Cyprus.

The Harmonised Index of Consumer Prices (HICP) rose by an annual 4.4% in October, following an upward trajectory for the eighth consecutive month triggered mainly by energy prices.

At the recently held Roundtable with the Government of Cyprus: Foreign Investors Discuss with the Government of Cyprus the Strategy for Attracting Business and Talent to the Island, the President of the Republic of Cyprus, along with the Minister of Finance, the Minister of Interior, the Minister of Energy, Commerce and Industry, and the Deputy Minister of Research, Innovation and Digital Policy have presented the Government’s strategy in encouraging companies to incorporate, relocate, and build on their economic activities in Cyprus. The strategy presented forms part of the Action Plan for Companies to Operate & Expand their Activities in Cyprus 2022-24.

The Bank of Cyprus announced on Monday that it had successfully completed the sale of a non-performing loans (NPLs) portfolio with a gross book value of €577 million, bringing its NPL ratio down to 8.6%.

Cyprus ranked 21st among 27 EU Member States in the 2021 edition of the Digital Economy and Society Index (DESI).