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12° Nicosia,
29 April, 2024
 

News Stream

US sanctions Cyprus-based entities linked to arms network

US sanctions Cyprus-based entities linked to arms network

On Monday, the United States announced sanctions against ten individuals and twelve entities, with two of them operating within a global arms network and registered in Cyprus....

AstroBank's record-breaking year: €30.4M in profits for 2023

AstroBank's record-breaking year: €30.4M in profits for 2023

AstroBank reported Profit After Tax of €30.4 million for 2023, representing a return on equity (RoE) of 13.9%, compared with €12.2 million and RoE of 6.2% for 2022, achieving an increase on profit of 150%, mainly due to increased interest income....

Four Seasons yacht plans 130 port visits in 30 countries

Four Seasons yacht plans 130 port visits in 30 countries

In the bustling cruise market, Four Seasons Yachts has made a splash, unveiling its inaugural vessel flaunting 95 opulent suites and set to embark on its maiden voyage come January 2026....

April Newsletter of K. Treppides & Co Ltd: Cyprus Securities and Exchange Commission

April Newsletter of K. Treppides & Co Ltd: Cyprus Securities and Exchange Commission

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....

Cyprus to promote Commandaria wine heritage in France

Cyprus to promote Commandaria wine heritage in France

Cyprus' Minister of Agriculture, Rural Development, and Environment, Maria Panayiotou, revealed plans for a unique wine event aimed at promoting Cyprus' traditional sweet wine, commandaria, during her participation in a Ministerial Workshop on sustainability strategies in the vine and wine sector in Italy....

The hidden lives of migrants in Cyprus

The hidden lives of migrants in Cyprus

Behind closed doors lies a hidden reality in Cyprus, where neglected homes become sanctuaries for new occupants, often foreigners seeking refuge from economic hardships....

Countdown for potential Israeli strike on Iran heightens tensions

Countdown for potential Israeli strike on Iran heightens tensions

Israel is gearing up for a potential strike against Iran, with its air force on full alert for retaliation....

Massive international fraud ring busted, Cyprus plays crucial role

Massive international fraud ring busted, Cyprus plays crucial role

Cyprus, along with international law enforcement agencies, cracked down on a massive fraud ring with a staggering €645 million turnover....

Building collapse in Pasalimani claims one life

Building collapse in Pasalimani claims one life

Firefighters have rushed to Neorion Street, on the Moutsopoulou coast in Pasalimani, where a two-story building collapsed shortly before 10 a.m. ...

Historic old stock exchange in Denmark engulfed in flames (video)

Historic old stock exchange in Denmark engulfed in flames (video)

Denmark’s Old Stock Exchange has been engulfed in flames, with television pictures on Tuesday showing the fire ripping through the historic building in the center of the capital....

Cyprus braces for rising Israel-Iran tensions

Cyprus braces for rising Israel-Iran tensions

When Saddam Hussein attacked the center of Tel Aviv with scud missiles in January 1991, Israeli citizens wore gas masks due to the risk of chemical attacks. It took 33 years for Israel to face another missile attack from a sovereign state....

Cypriot President courts investors in London to boost economic prospects

Cypriot President courts investors in London to boost economic prospects

Cypriot President Nikos Christodoulides has on Tuesday a series of meetings in London aim at bolstering investment prospects within Cyprus. ...

Second boat arrives at Larnaca port with 73 migrants

Second boat arrives at Larnaca port with 73 migrants

Another boat carrying 73 people, all from Syria, was brought to Larnaca port yesterday evening....

Easyjet halts Tel Aviv flights after Iranian attack

Easyjet halts Tel Aviv flights after Iranian attack

British airline Easyjet has announced the temporary suspension of its flights ''to and from Tel Aviv'' in response to heightened tensions following an Iranian attack on the city early Sunday morning....

Police find 113 firecrackers in minor's home in Nicosia

Police find 113 firecrackers in minor's home in Nicosia

Authorities are delving into a concerning incident involving the unlawful possession of explosive materials....

Cyprus problem overlooked in EU Summit discussions on Turkey

Cyprus problem overlooked in EU Summit discussions on Turkey

The EU Council Secretariat has submitted a preliminary set of conclusions ahead of the upcoming Summit on April 17-18, delving into the matter of Turkey......

From clear skies to dusty haze

From clear skies to dusty haze

Today's weather will be mainly sunny, with occasional high clouds....

German Order of Merit awarded to Cypriot professor

German Order of Merit awarded to Cypriot professor

In a ceremony scheduled for Wednesday, April 17, Professor Nikolaos Zamboglou will be honored with the Cross of the Order of Merit of the Federal Republic of Germany by German Ambassador to Cyprus, Anke Schlimm....

Cyprus reopens air links

Cyprus reopens air links

Air connections between Cyprus, Jordan, and Lebanon have been reinstated following a temporary closure prompted by heightened tensions in the Middle East. ...

Surge in irregular migrant returns from Cyprus in 2024

Surge in irregular migrant returns from Cyprus in 2024

Cyprus has seen a significant rise in the number of returns of irregular migrants in 2024 compared to the previous year, attributed to government measures aimed at strengthening the returns sector....

FBI probes crew's awareness in Baltimore bridge collapse inquiry

FBI probes crew's awareness in Baltimore bridge collapse inquiry

The FBI has launched a criminal inquiry into the devastating collapse of a Baltimore bridge, which claimed the lives of six construction workers....

Authorities respond to new migrant arrival off Cyprus coast

Authorities respond to new migrant arrival off Cyprus coast

Authorities were once again mobilized Monday afternoon (15/04) following the arrival of new migrants....

Commonwealth leaders forge path to ocean sustainability

Commonwealth leaders forge path to ocean sustainability

On Friday, April 19, 2024, Limassol will host the inaugural ministerial summit for the Oceans of the Commonwealth States....

Dynamic presence of Petrolina at the OPAP Limassol Marathon 2024

Dynamic presence of Petrolina at the OPAP Limassol Marathon 2024

Once again, Petrolina's contribution to the organization of the OPAP Limassol Marathon was dynamic. The marathon took place on April 13th - 14th, 2024, with a record number of participants exceeding 17,000 runners from Cyprus and abroad....

Minthis Presents ''Origins'' by Renowned Artists Stass Paraskos, Margaret Paraskos and Emilio Koutsoftides

Minthis Presents ''Origins'' by Renowned Artists Stass Paraskos, Margaret Paraskos and Emilio Koutsoftides

With a grand opening scheduled for April 19 at 6 p.m., Minthis is pleased to present ''Origins,'' a three-generational exhibition highlighting the creations of Stass Paraskos, Margaret Paraskos, and Emilio Koutsoftides. ...

British jets intercept Iranian drones in defense of Israel

British jets intercept Iranian drones in defense of Israel

The Typhoon FGR4 fighter jets, launched from the Akrotiri base in Cyprus, are believed to have participated in the UK's involvement in defending Israel against an Iranian attack on Saturday night. ...

Olympic flame ignited in Ancient Olympia for Paris 2024 Games

Olympic flame ignited in Ancient Olympia for Paris 2024 Games

The anticipation for the Paris 2024 Olympics reached a crescendo on Monday as the Olympic flame was lit in a captivating dress rehearsal in ancient Olympia. ...

Turkey's Central Bank reports 2023 loss of 818.2B lira

Turkey's Central Bank reports 2023 loss of 818.2B lira

Turkey’s central bank posted a 2023 loss of 818.2 billion lira ($25.25 billion), showed its balance sheet published in the Official Gazette on Sunday, on the back of steep loss stemming from the “KKM” foreign exchange-protected deposit scheme....

Cyprus implements ''Plan B'' to curb surge in Syrian refugees

Cyprus implements ''Plan B'' to curb surge in Syrian refugees

Cyprus has taken decisive action to manage the increasing flow of Syrian refugees seeking asylum, according to reliable sources. ...

UN officials visit Cyprus for management committee session

UN officials visit Cyprus for management committee session

UNSG's Special Representative in Cyprus, Colin Stewart, welcomed Catherine Pollard and Martha Lopez from the UN Department of Management Strategy, Policy and Compliance in New York who are paying a visit to the UN in Cyprus...

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