WEDNESDAY, 23 JAN 2019

 

CONNECT

Facebook Linked In Twitter
MTN_07/07-10/04_728x90px
Baker_Tilly_03/12-20/02_266x90px
IMH LTD

Cyprus Ready to Contribute for Better Results in the EU -Arab States Summit

Cypriot, Greek and Israeli Diaspora Leaders Meet February in Jerusalem

IMH LTD
GAP_Group_2018_468x60px

ECONOMY

Christodoulides Welcomes Exxonmobil Intention to Accelerate Procedures Ahead Of Offshore Drillings

Christodoulides Welcomes Exxonmobil Intention to Accelerate Procedures Ahead Of Offshore Drillings

Foreign Minister Nikos Christodoulides expressed his satisfaction in relation to Exxon Mobil’s intention to accelerate procedures, ahead of scheduled offshore drillings in the exclusive economic zone of the Republic of Cyprus, the Cyprus News Agency reports.
 
Asked Saturday about his meeting with Exxon Mobil’s Vice President, Tristan Asprey, in the presence of Energy Minister Giorgos Lakkotrypis, where they discussed geopolitical developments, Christodoulides said that energy planning designs go as planned. He added that during the meeting, the company expressed its intention to speed up the process.
 
Exxon Mobil’s Vice President for Europe, Russia Caspian and Asia Pacific / Middle East region, Tristan Asprey paid a visit to Cyprus for contacts with officials. The company plans two drillings in block 10, in Cyprus’ exclusive economic zone, starting in the fourth quarter of 2018.
 
The Minister was also asked about the results of a poll in Turkey, showing an increase in those supporting two independent states in Cyprus. In his reply, Christodoulides said that a poll conducted in Turkey should be of no interest, as the solution of the Cyprus problem is a matter that concerns Greek Cypriots and Turkish Cypriots.
 
He also said that in his view, the overwhelming majority of Greek Cypriots and Turkish Cypriots agree that the status quo on the island cannot be the solution to the Cyprus problem.
 
“It is up to us, Greek Cypriots and Turkish Cypriots, to decide over our future” Christodoulides concluded.

MORE ON ECONOMY

Funds For ESTIA Scheme Released by Majority Vote

Parliamentary Committee on Financial and Budgetary Affairs has released the funds for the ...

Review of the Cypriot Banking Sector for 2018

Assessing the current state of the Cypriot banking sector, one could say that 2018 was a ...

Inflation Increases by 0.8% in 2018

In December 2018 the Harmonized Index of Consumer Prices increased by 1.0% compared to ...

FROM AROUND GOLDNEWS

   

Cypriot, Greek and Israeli Diaspora Leaders Meet February in Jerusalem

Cypriot, Greek and Israeli diaspora leaders are set to meet trilaterally in Jerusalem, between February 24 and 26. Presidential Commissioner Photis Photiou ...
   

Baker Tilly South East Europe: New Substance Requirements in Offshore Financial Centers

Under the OECD’s and EU’s influence and in an attempt to get rid of their status as “bad” jurisdictions, long established island ...
   

EY: Technology and Innovation are Key to Drive Agile Growth for Insurance Companies

Global insurance sector growth is expected to remain weak, and companies must focus on technology and innovative initiatives that optimize costs, drive wider ...
   

DP World Limassol: New Investments Enhance Efficiency and Safety of Port Operations

DP World Limassol has acquired a range of new equipment as part of an ongoing upgrade of the Limassol port infrastructure. A new, high-tech mobile harbour ...
   

Emirates Introduces Entertainment Playlist Syncing Ahead of Travel

Emirates has introduced an innovative new function on its app to allow customers to create bespoke playlists ahead of their flight and sync it to their seats ...
   

The New Power Station Foundation Stone Laying Ceremony

The New Power Station of Power Energy Cyprus (P.E.C.) Ltd is now a fact and its construction is proceeding fast. The Power Plant aspires to become the first ...
   

Cyprus Ready to Contribute for Better Results in the EU -Arab States Summit

Foreign Minister Nikos Christodoulides expressed the readiness of the Republic of Cyprus to contribute to achieving substantial results during the EU summit ...
   

Trade Deficit Down by 12.8% in January – October 2018

Trade deficit declined 12.8% in the period January - October, according to data released Monday by the Statistical Service of Cyprus.   Trade deficit ...
 

YOUR COMMENTS

HEADLINES

MOST POPULAR

Deloitte_2016_300x250px
Gold_Issue_300x250px

IMH LTD