Cyprus

Police receive UN medal at special ceremony in Cyprus

NICOSIA, Oct. 18 (Xinhua) -- Officers serving with the United Nations police contingent in Cyprus have been recognized for their dedicated service at a special ceremony on Friday.

At a presentation in Nicosia, 21 members of the force received their UN Medal, which is awarded by the United Nations Secretary-General "In the Service of Peace."

Russian missile explodes over northern Cyprus

1 July 2019; DW: Northern Cyprus was struck by an object that appears to have been a Russian S-200 missile, Turkish Cypriot Foreign Minister Kudret Ozersay said Monday.

"The first assessment is that a Russian-made missile which was part of the air defense system that took place last night in the face of an air strike against Syria, completed its range and fell into our country after it missed," Ozersay wrote on social media.

Cyprus signs $9bn contract with Israel to extract gas

7 June 2019; MEMO: Cyprus will earn $ 9.3 billion over 18 years thanks to the exploitation of the Aphrodite gas field under a renegotiated contract with Dutch-British Shell, US-based Noble, and Israeli company Delek, the Energy Minister for Cyprus, announced.

George Lakkotrypis told reporters that the reworking of the production contract guaranteed Cyprus an average annual income of $ 520 million over the life of the gas field.

International anti-money laundering experts review practices in Cyprus

NICOSIA, May 18 (Xinhua): A team of international experts are making a review of anti-money laundering practices in Cyprus applied mainly by law firms, banks, accounting and audit firms, financial services firms and offices involved in the investment-for-citizenship scheme, sources with knowledge of the review said on Saturday.

The team comes from the Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism, commonly known as Moneyval.

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