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1. UAE sends 400 tons of food aid to Gaza via Cyprus

In a statement, the UAE Foreign Ministry disclosed its collaboration with the American Near East Refugee Aid (Anera) to intensify humanitarian support for Gaza's populace and tackle the prevailing crisis....

2. European airfares hit 20-30% increase from 2019 to 2023

Throughout the summer of 2023, air travel across Europe witnessed a significant uptick in prices, with fares soaring 20 to 30% higher compared to pre-pandemic levels in 2019, according to recent data from E data.E. released in October....

3. Macron declares ''Europe is mortal,'' calls for unity

The 27-country bloc needs to urgently rethink its defence and economic models to not fall behind its rivals, the French leader said. ...

4. The birth of Bank of Cyprus in 1899

The narrative of the Bank of Cyprus, the venerable cornerstone of the island's financial landscape, traces its origins back to January 1, 1899. This pivotal moment heralded a new era not only for Cyprus's economy but also for its societal fabric....

5. Cyprus aid corridor not enough for Gaza, UN warns

The Cyprus maritime corridor provides for additionality of humanitarian aid to Gaza, but can never be a substitute for delivery by land, UN Senior Humanitarian and Reconstruction Coordinator for Gaza, Sigrid Kaag said briefing the UN Security Council on the situation in the region on Thursday....

6. €17 million worth of grants for big businesses

The EU's Recovery and Resilience Plan is charging ahead, with the Department of Energy, Trade, and Industry (DTI) launching a call for applications under the 'Grant Scheme for the Energy Upgrading and Competitiveness of Large Enterprises'....

7. Alpha Bank CEO eyes expansion in Romania

Alpha Bank chief executive officer Vassilis Psaltis pointed to further expansion and acquisitions in Romania in a joint interview with the CEO of Italian bank UniCredit, Andrea Orcel for Bloomberg....

8. Middle East conflict fuels fear of $100 per barrel

The recent Iranian attack on Israel serves as a stark reminder of the ever-shifting geopolitical dynamics in the Middle East, with potential ramifications extending......

9. 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....

10. 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....

11. We are all responsible

Eleven people crammed into one apartment, each paying between 150 to 200 euros in rent, all to live stacked together in appalling conditions. ...

12. Fortifying digital banks and battling cyber threats

The period we are going through raises serious concerns about the security of critical digital infrastructures. Among these, the most significant are those of banks, and in this direction...

13. Employers call for tax reform to spur economic growth

Employers are advocating for a comprehensive overhaul of the tax system, proposing significant changes aimed at boosting economic activity and competitiveness. Here's a breakdown of their proposals:...

14. Are you ready to lose an hour of sleep?

Get ready to adjust your clocks because daylight saving time is making its comeback this Sunday, March 31st....

15. Lawmakers slam green taxation plans as ''stupid'' and ''immoral''

DISY MP Kyriakos Hatzigiannis and Ecologists MP Stavros Papadouris sharply criticized the government's green taxation plans in interviews with ''SPOR FM 95.0'' and ''DIASPORA News.''...

16. Europe's ambitious plan to reignite economic engines

As Europe endeavours to uphold its competitiveness amidst economic rivals, its politicians believe they hold a concealed asset: the savings of its citizens, which remain unused and dormant....

17. Prices on the rise

The Consumer Protection Agency has released its latest report on product prices for February 2024, focusing on 250 key consumer items sold across 400 stores nationwide. ...

18. Global diplomatic accord for Gaza aid fund

In a significant move to bolster humanitarian assistance to Gaza, ministers from Cyprus, the United Arab Emirates, the United Kingdom, Qatar, the United States, and a representative ...

19. Zero-emission buildings by 2030

In a bid to combat climate change, the European Parliament has approved a plan to make buildings more energy-efficient and eco-friendly. The revised Energy Performance of Buildings Directive,...

20. Cypriots saving less as loan numbers fluctuate

In January 2024, the total deposits in Cyprus reached €51.9 billion, experiencing a net decrease of €366.0 million compared to the previous month....

21. Government to receive €1.2B for green transition and resilience plan

Cyprus is set to receive a total of 1.2 billion euros from the Recovery and Resilience Plan (RRP). ...

22. King Charles's cancer diagnosis spotlights NHS struggles with record waiting times

In the wake of King Charles's recent cancer diagnosis, concerns over the National Health Service (NHS) have surged as data reveals hundreds of thousands of UK cancer patients resorting to private treatment due to extended NHS waiting times....

23. CERA proposes reduced electricity increases amidst parliamentary discussion

The head of Regulatory Energy Cyprus (Cera), Andreas Poulikkas, briefed the Parliament's Finance Committee on the latest proposals submitted by the Electricity Authority of Cyprus (EAC) for review. ...

24. Consumer alerts raised over potential fuel price hikes

Konstantinos Karagiorgis, Director of the Consumer Protection Service, emphasized the importance of factual justification for price increases during an interview with CNA....

25. Cyprus celebrates completion of €6.6M solar project in 405 schools

With a total expenditure of €6.6 million, the project to install Photovoltaic Systems in 405 school buildings in Cyprus was completed, offering significant energy......

26. Businesses can now register for renewable energy funding programs

Businesses interested in participating in grant schemes to encourage the use of Renewable Energy Sources (RES) and Energy Efficiency (EE) are now able to register, according to the Management Committee of the Renewable Energy Sources (RES) and Energy Saving (EE) Fund....

27. Large dog mauls Miniature Pinscher in Mesogi horror

A distressing incident unfolded yesterday afternoon in Mesogi's industrial zone as a woman walked her daughter's small dog, only to encounter a harrowing attack by a large black dog....

28. Macan sets new standards: the first all-electric SUV from Porsche

29. Government's €6.6M solar project powers education sustainably

In a significant leap towards sustainability, Cyprus has successfully concluded a €6.6 million project, installing photovoltaic systems in 405 school buildings. ...

30. Ministry's bold steps for energy renovation unveiled

The Ministry of Energy, Commerce and Industry proceeds with the preparation of standard procedures for the announcement and implementation of energy renovation projects....