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Cyprus

US targets global sanctions evasion network supporting Russia

WASHINGTON: The United States on Wednesday imposed sanctions on 22 individuals and entities in multiple countries...

Published 02 Feb, 2023 10:01am

Business & Finance

Cyprus floats automatic ship tonnage tax renewal to buffer sector: minister

NICOSIA: Cyprus has suggested automatic renewals of tonnage tax systems as one of a series of measures to halt...

Published 16 Jan, 2023 06:18am

World

Cyprus says major gas find could boost European supplies

NICOSIA: A new gas discovery off Cyprus could speed up exploitation of untapped resources and help secure supplies...

Published 23 Aug, 2022 07:53pm

World

First Palestinians to fly from Israel’s Negev desert airport arrive in Cyprus

LARNACA INTERNATIONAL AIRPORT, (Cyprus): A group of Palestinians from the occupied West Bank flew abroad from an...

Published 23 Aug, 2022 05:56am

World

Cyprus tourism rebounds despite sanctions-hit Russia plunge

AYIA NAPA: Beside sparkling Mediterranean waters at the Cypriot resort town of Ayia Napa, the bars are bouncing with...

Published 31 Jul, 2022 10:15am

Business & Finance

Old is gold: sky-high cost of ageing ships sounds inflation SOS

SINGAPORE: Shipping companies are transforming rust buckets into gold mines in a modern-day alchemy that could fuel...

Published 21 Jun, 2022 01:38pm

Opinion

‘Like it or not’, Britannia still rules part of Cyprus

Next to a palm tree, the Union Jack hangs limply on a pole outside a simple courthouse built decades ago on this...

Published 13 Jun, 2022 06:19am

World

EU unveils new sanctions to 'cripple' Putin

BRUSSELS: European Commission chief Ursula von der Leyen on Saturday said that Brussels would propose to freeze the...

Updated 27 Feb, 2022 04:14pm

World

Israeli president casts Turkey visit as part of climate campaign

JERUSALEM: Israel's president confirmed on Wednesday that he will visit Turkey, casting the trip to a former ...

Published 23 Feb, 2022 02:28pm

Twin toddlers lost in Cyprus buffer zone ‘safe’: UN

NICOSIA: UN peacekeepers in Cyprus said Tuesday that twin three-year-old girls lost in the buffer zone dividing the...

Published 16 Feb, 2022 06:20am

World

6.6-magnitude quake jolts Cyprus

NICOSIA: A 6.6-magnitude quake hit off the west coast of Cyprus early Tuesday, the US Geological Survey said but...

Published 11 Jan, 2022 09:50am

Alleged plot against Israelis: Pakistani among 6 to face trial in Cyprus

NICOSIA: Six people will stand trial in Cyprus on December 6 for allegedly plotting to attack Israeli businesspeople...

Updated 08 Nov, 2021 09:47am

World

Sunny but isolated, Cyprus toils to boost green energy

NICOSIA: "We have 340 sunny days per year," Georgia Mouskou said, as sunlight streamed through her windows. "But...

Published 02 Nov, 2021 09:36am

World

Cyprus cabinet to revoke 45 passports in cash-for-citizenship scheme

NICOSIA: Cyprus said on Friday it would revoke the passports of 45 people who obtained citizenship under a now...

Published 16 Oct, 2021 04:49am

World

One year on, political interference besets Beirut blast probe

The August 4, 2020 explosion at the Beirut port killed more than 200 people and destroyed swathes of the capital

Published 02 Aug, 2021 10:36am

Erdogan presses hard line on Cyprus

NICOSIA: Turkey's President Recep Tayyip Erdogan insisted Tuesday on a two-state solution in Cyprus and threw his...

Published 21 Jul, 2021 01:42am

World

Erdogan says Turkey can run Kabul airport if US meets conditions

Erdogan and US President Joe Biden discussed the issue in their first face-to-face meeting on the margins of a NATO summit in June

Published 20 Jul, 2021 12:06pm

World

Cyprus worst forest fire in decades kills 4

ARAKAPAS, (Cyprus): Cyprus said a deadly forest fire that was the worst to hit the island in decades was close to...

Published 05 Jul, 2021 04:57am

World

Cyprus seeks Israel, EU help to fight wildfire

LARNACA, (Cyprus): Cyprus on Saturday requested emergency assistance of planes from Israel and the EU to fight a...

Published 04 Jul, 2021 03:41am

World

Cyprus closes its airspace to Belarus airlines, flights

The aviation authority had banned airlines registered in Belarus from using Cyprus's airspace and airports from May 28, a transport ministry spokesperson said.
The same advisory prohibits Cyprus-registered airlines from entering Belarusian airspace, or flights to and from Belarus. All flights to Belarus have been suspended.

Published 31 May, 2021 07:40pm

World

Erdogan says he does not expect results from next UN-led Cyprus talks

"I don't trust or believe in Greek Cypriots. They have never acted honestly," Erdogan told reporters after Friday prayers in Istanbul. "Now it's been pushed back 2-3 months, but I again don't believe any result will be achieved, because they are not honest," he said.

Published 30 Apr, 2021 05:06pm

World

EU chiefs make rare Turkey visit to revamp ties

Tensions cooled somewhat when Turkey withdrew the vessels and this year engaged in its first maritime talks with Greece since 2016.

Published 06 Apr, 2021 04:37pm

World

Cyprus to swing doors open to main tourist markets

NICOSIA: Cyprus is to open up to 16 countries previously not on its coronavirus safe list, welcoming tourists from...

Published 31 Mar, 2021 05:42am

World

EU leaders seek to build on improving ties with Turkey

But there are deep concerns over Ankara's recent moves to shut down an opposition party and its departure from a treaty on violence against women.

Published 25 Mar, 2021 10:25am

Markets

Cyprus, Israel, Greece to link electricity grids

NICOSIA: Cyprus, Israel and Greece on Monday signed an initial agreement on laying the world’s longest undersea...

Published 09 Mar, 2021 05:45am

World

Israel, Cyprus agree travel deal for vaccinated citizens

Israel reached a similar agreement with Greece last week, as the Mediterranean nations seek to revive tourism industries battered by the pandemic.

Published 14 Feb, 2021 07:35pm

World

Israel plans to reopen restaurants in March, restart tourism with Cyprus

"We want to open gradually, carefully so we don't have another breakout of another wave, and another lockdown," he told Ynet TV.

Published 14 Feb, 2021 05:37pm

World

EU to spare Turkey from tax blacklist

BRUSSELS: The EU is set to give Turkey more time to adhere to its commitments on tax evasion, sources said on ...

Updated 14 Feb, 2021 09:57am

World

Britain urges flexibility ahead of UN Cyprus talks

He and the foreign ministers of Greece and Turkey are expected to attend a three-day summit the United Nations will call in early March on the future of Cypriot reunification talks. *Failure to reach a settlement after so many efforts will benefit no-one, so I urge all sides to come to the talks with a willingness to demonstrate flexibility and compromise.

Updated 04 Feb, 2021 05:19pm

World

Iran, Turkey block rivals from joining UN disarmament talks

Acrimony mars opening of UN disarmament talks.
Geneva body hopes to end years of deadlock.
Britain warns of "death of multilateralism".

Published 19 Jan, 2021 09:10pm

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Feb 5 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Feb 5 Al-Abbas Sugar Mills Limited(AABS)	352 ▼ 0.00 (0.00%)
Agro Allianz / Feb 5 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Feb 5 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Feb 5 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Feb 5 Allied Bank Limited(ABL)	65.61 ▼ 0.00 (0.00%)
Abbott Lab. / Feb 5 Abbott Laboratories (Pakistan) Limited(ABOT)	386.75 ▼ 0.00 (0.00%)
Abson Ind. / Feb 5 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Feb 5 Alfalah Consumer Index ETF.(ACIETF)	6.39 ▼ 0.00 (0.00%)
Attock Cement / Feb 5 Attock Cement Pakistan Limited(ACPL)	55.48 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Feb 5 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Feb 5 Al-Abbas Sugar Mills Limited(AABS)	352 ▼ 0.00 (0.00%)
Agro Allianz / Feb 5 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Feb 5 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Feb 5 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Feb 5 Allied Bank Limited(ABL)	65.61 ▼ 0.00 (0.00%)
Abbott Lab. / Feb 5 Abbott Laboratories (Pakistan) Limited(ABOT)	386.75 ▼ 0.00 (0.00%)
Abson Ind. / Feb 5 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Feb 5 Alfalah Consumer Index ETF.(ACIETF)	6.39 ▼ 0.00 (0.00%)
Attock Cement / Feb 5 Attock Cement Pakistan Limited(ACPL)	55.48 ▼ 0.00 (0.00%)

Stock	Volume
Hub Power Co. / Feb 5 The Hub Power Company Limited(HUBC)	7,912,174 ▼ 0.00
Cnergyico PK / Feb 5 Cnergyico PK Limited(CNERGY)	7,490,206 ▼ 0.00
Dewan Motors / Feb 5 Dewan Farooque Motors Limited(DFML)	5,698,000 ▼ 0.00
Gul Ahmed / Feb 5 Gul Ahmed Textile Mills Limited(GATM)	4,995,028 ▼ 0.00
WorldCall Telecom / Feb 5 Worldcall Telecom Limited(WTL)	4,832,816 ▼ 0.00
TRG Pak Ltd / Feb 5 TRG Pakistan Limited(TRG)	4,574,299 ▼ 0.00
Lotte Chemical / Feb 5 Lotte Chemical Pakistan Limited(LOTCHEM)	3,805,565 ▼ 0.00
K-Electric Ltd. / Feb 5 K-Electric Limited(KEL)	3,686,127 ▼ 0.00
Pak Petroleum / Feb 5 Pakistan Petroleum Limited(PPL)	3,499,066 ▼ 0.00
Nishat Chun.Pow. / Feb 5 Nishat Chunian Power Limited(NCPL)	3,492,000 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Feb 3	277.17
USD PKR Interbank Buying / Feb 3	278.67
USD to Japanese Yen / Feb 3	131.19
USD to Swiss Franc / Feb 3	0.93
Pound Sterling to USD / Feb 3	1.21
Euro to USD / Feb 3	1.08
UK LIBOR % / Feb 3	4.30

Stock	Volume
S&P 500 / Feb 3	4136.48
India Sensex / Feb 3	60841.88
Tokyo Nikkei / Feb 3	27509.46
Nasdaq / Feb 3	12006.96
Hang Seng / Feb 3	21660.47
FTSE 100 / Feb 3	7901.80
Dow Jones / Feb 3	33926.01
Germany DAX 30 / Feb 3	15546.43
France CAC40 / Feb 3	7233.94

Item	Value
Crude Oil USD/Barrel / Feb 3	73.39
Karachi Cotton PKR/37.32 KG / Feb 3	22235
Gold 10 Grams PKR / Feb 3	208500
Gold Spot USD/Ounce / Feb 3	1864.97
Cotton US¢/pound / Feb 3	85.43

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