In announcing its results for the last quarter of 2019, showing improvements across several metrics including profits and capital adequacy, Eurobank this week said it stands ready to withstand the ongoing crunch due to the coronavirus and help the community rebuild.

Energy companies licensed to prospect for gas off Cyprus have assured the government they are committed to their contracts despite inevitable delays due to the coronavirus situation, MPs heard on Tuesday.

Cyprus’ construction industry was on the rise prior to the coronavirus outbreak, as building permits increased during the first two months of the year by 5.6% compared to the same period of 2019.

Much has been discussed and published on the use of AI, RPA and ML for the benefit of the Wealth Management industry. The Robo Advisory evolution is a pragmatic and real trend with firms deploying or delivering such services.

After ExxonMobil recently postponed drillings scheduled for 2020 in the Cyprus Exclusive Economic Zone (EEZ), the Italian-French ENI-TOTAL drilling consortium followed suit, it emerged on Monday.

Authorities mounted a massive logistical operation on Monday as thousands returned to their offices and shops during the first day of lockdown relaxations, with the government again warning the public against any complacency.

Just two new coronavirus cases were announced by the health ministry on Monday, the first day lockdown measures were relaxed, bringing the total to 874.

The second phase of Gesy will be introduced on June 1 despite expected complications due to the coronavirus pandemic, Health Minister Constantinos Ioannou said on Monday.

Under Cyprus Law, any interim order or interim relief granted in the context of an action, Originating Summons or petition, remains in force until the date of issue of a final decision on the merits of such proceedings.

The aviation sector in Cyprus must be supported, Executive Director of the Flight Safety Foundation- Mediterranean (FSF-MED) Christos Petrou has told CNA, urging the relevant authorities to examine the possibility of establishing a new national airline, even with state participation but not based on unsuccessful past models.