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31. New US sanctions target Cyprus over Russia connections

Four individuals and two legal entities related to Cyprus are included in a new US list of sanctions imposed due to Russia's offensive against Ukraine....

32. A 3-year wait and a 2024 deadline loom for gas transport

Three years after the groundbreaking for the liquefied natural gas terminal, a project worth $289 million in euros has been initiated....

33. The Israeli war's impact on economy and energy prices

Economists have been examining the inevitable economic consequences of the war in Israel, particularly its influence on fuel and electricity costs....

34. EY achieves record global revenue of nearly $50 billion

EY reports record global revenue results of just under US$50b...

35. LEGO-bricks for real buildings in Florida

A Florida construction firm is seeing fast adoption of its intuitively-made building blocks that work like real-life LEGO bricks....

36. Apple Watch's 'double tap': Thumb & index magic!

Apple held its annual iPhone keynote event, Wonderlust, on Tuesday where it unveiled new products, features, and an unexpected surprise featuring Tim Cook and an Oscar-nominated actress....

37. Cyprus aims to shine with 'Cypriot Red Soil Potato' in European market

Ministry of Agriculture, Rural Development, and Environment, is making every possible effort to address new challenges while improving the competitiveness of the agricultural sector, said the Minister of Agriculture, Rural Development, and Environment, Petros Xenophontos....

38. Sailing back to the future as WindWings propel shipping's green revolution

It seems a bit silly, but merchant shipping which long ago ditched its sails for internal combustion is now switching back, but not to any sail you’ve ever seen....

39. EuroAsia interconnector loan denied by European Investment Bank

The European Investment Bank will not approve a loan for financing the electricity interconnection project between Cyprus, Greece, and Israel through the EuroAsia Interconnector, as confirmed by a representative from the EIB in an interview with "K" magazine....

40. UK and Turkey forge partnership to curb illegal migration

Britain said it had struck a deal with Turkey in a bid to slow the flow of illegal immigrants passing through the Mediterranean country on their way to Europe, including joint police operations against smuggler rings and the trade in boat parts....

41. From burps to burgers: The climate-friendly cows bred to belch less methane

When Canadian dairy farmer Ben Loewith's calves are born next spring, they will be among the first in the world to be bred with a specific environmental goal: burping less methane....

42. First woman chairperson for INTERMEPA

The International Marine Environment Protection Association INTERMEPA announced the election of Semiramis Paliou as its first woman Chairperson on Wednesday. ...

43. Cypriot economy on the brink, says Finance Minister

During his address to the House of Representatives and following his presentation to the Parliamentary Finance Committee on the government's comprehensive package of seven measures for addressing foreclosure issues, ...

44. Double impact on gas station owners

Citizens are in turmoil following the termination of reduced special consumption tax rates on transportation and heating fuels, which resulted in increases of 8.32 cents in gasoline and diesel, and 6.83 cents in heating fuels. ...

45. Creating tasty flavors from leftover food

Tyler Malek's ice cream parlors in Los Gatos, California, are actively embracing the upcycling movement by crafting premium ice cream flavors from leftover food....

46. Cyprus Airways Upgrades Fleet to A220, Unveiling Joint Conference with Airbus at Paris Air Show 2023

47. Cyprus still vague on Ukraine swap deal

Cypriot President Nikos Christodoulides declined to say whether any of the island’s Soviet-made defense systems could end up in Ukraine, pointing to Turkey and budget concerns but also echoing a broader ambiguity as EU allies argue over the best defense strategy...

48. FinMin underlines the importance of disciplined policy

The contact circle with the banks has not been completed, and there will be a new one to adopt measures that will provide relief to borrowers regarding the increased interest rates....

49. Why are food prices so high in Europe?

It is the most basic of staple food items: sliced white bread. In Britain, the average price of a loaf was 28 percent higher in April, at 1.39 pounds, or $1.72, than it was a year earlier....

50. Nicosia gathers oil companies for sales pitch

Τhe main points of the government's energy strategy will be presented to representatives of companies involved internationally in the natural gas and electricity supply chain, during a two-day workshop titled 'The Cyprus Gateway: Natural Gas to Power and Liquefaction' taking place on Monday and Tuesday, in Nicosia...

51. Limassol hosts desalination conference

'Desalination for the Environment, Clean Water and Energy conference and exhibition' begins Tuesday in Limassol with the participation of more than 300 delegates from around the world and 30 exhibitors...

52. Energean unveils ambitious plans for Israeli gas exploitation

Energean announced on Thursday that by September 2023 it will submit to the Israeli government for approval a comprehensive program for the exploitation of the deposits of the "Olympus Area" of the Israeli Exclusive Economic Zone, so as to begin its implementation in early 2024....

53. Kyriakides and Becerra: EU and US establish joint health task force

54. 0% VAT on bread, milk, eggs and diapers

The Council of Ministers has approved a Decree during today's session, which imposes a zero VAT rate on the delivery of certain products until October 31, 2023. These products include bread, milk, eggs, baby food, baby diapers, feminine hygiene products, and adult diapers....

55. Lack of aircraft preventing global air travel recovery

The air travel industry has recently been facing delays in aircraft deliveries, a problem that is not allowing it to fully recover from the pandemic....

56. Ukrainian defense minister hurries down to Cyprus

Ukrainian Defense Minister Oleksii Reznikov visited Cyprus on Friday amid reports that a recent EU plan to send ammunition to Kiev was being held up in some European capitals including Athens and Nicosia...

57. Our top priority is ensuring accessible and high-quality medicines, says Kyriakides

"A 'strong European Health Union' will contribute to the building of strong, resilient, and sustainable health systems of tomorrow that will ensure better care for patients," said Commissioner Stella Kyriakides in her message for World Health Day....

58. CBC estimates GDP growth at 2.6% in 2023

The Central Bank of Cyprus (CBC) has marginally upgraded its projections for GDP growth this year citing the slightly improved prospects in the external economic environment and the anticipated lower energy prices, amid the continued war in Ukraine....

59. Minister of Agriculture pushing for a 'Farmers Card'

Agriculture Minister Petros Xenofonos announced today during a meeting of the House of Representatives Agriculture Committee that he intends to create a farmer's card to provide services to the agricultural world....

60. Real estate trends in 2023

Increased inflation, rising interest rates, rising building costs, rising property values, a slight decline in new development approvals, a slight decline to stabilization in the unemployment rate, a slight increase in GDP, and a slight decline in private lending are just a few indicators of the (very) general economic picture....