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12° Nicosia,
06 November, 2024
 

News Stream

Kursat rejects extradition request in Greek Cypriot land dispute

Kursat rejects extradition request in Greek Cypriot land dispute

In a recent development, the extradition case of Turkish Cypriot lawyer Kursat has been adjourned until February 6 by a court in Rome....

Makis Keravnos voices concerns over geopolitical developments

Makis Keravnos voices concerns over geopolitical developments

The global supply chain disruption and its economic impact on Europe and the world have raised concerns among Europeans....

Sheikh's $203M investment brings the Waldorf Astoria to Greece

Sheikh's $203M investment brings the Waldorf Astoria to Greece

Abu Dhabi's Sheikh Takhoun bin Zayed Al Nayan, known for his extensive investments in Greece since 2018, is set to mark a milestone with the construction of the first ''Waldorf Astoria Hotel & Resort'' in Greece....

Can Cyprus withstand yet another crisis?

Can Cyprus withstand yet another crisis?

The recent Houthi attacks on commercial vessels navigating the Red Sea have triggered another disturbance in the intricate web of the global supply chain...

Tragic incidents shake Istanbul as recent suicides raise concerns

Tragic incidents shake Istanbul as recent suicides raise concerns

Shocking images made the rounds of the Turkish media, with 54-year-old Eleni Bulunda committing suicide in the Beilıkcuzu area, a suburb of Istanbul, on Monday afternoon (15/01) by jumping from the roof of a shopping mall....

Cup Match halted after player collapse amidst firecracker chaos

Cup Match halted after player collapse amidst firecracker chaos

In a dramatic turn of events during the cup match at ''Famagusta'' between Nea Salamina and APOEL, the game was abruptly halted, leaving fans and players in disbelief....

Nicosia shooting: Victim flees abroad, silent to investigators

Nicosia shooting: Victim flees abroad, silent to investigators

In the ongoing investigation of an attempted murder on Monday (17/1) along Larnaca Avenue in Aglantzia, authorities are facing challenges as the 49-year-old target has left the country without providing a written statement to investigators....

How the consumer pocket faces a perfect economic storm

How the consumer pocket faces a perfect economic storm

The uncertainty and the intense upheavals in the global supply chain continue....

Intermittent clouds and scattered showers ahead

Intermittent clouds and scattered showers ahead

Today's weather brings partly cloudy skies with occasional clouds and local showers or isolated thunderstorms expected. ...

Shell halts Red Sea route amidst Houthi threats

Shell halts Red Sea route amidst Houthi threats

In a significant move responding to heightened security risks, oil giant Shell has officially opted to suspend the utilization of the Red Sea Route for cargo transport, a decision unveiled through the Wall Street Journal....

Antoniou: ''Expect price hikes in consumer goods by month's end''

Antoniou: ''Expect price hikes in consumer goods by month's end''

In a recent interview with Diaspora News, Marios Antoniou, the General Secretary of the Pancyprian Retail Trade Association, delved into the challenges emerging from the Red Sea crisis....

Greek cargo ship survives Red Sea ambush unscathed

Greek cargo ship survives Red Sea ambush unscathed

In a concerning incident in the Red Sea, a cargo ship named Zografia, flying the Maltese flag and owned by Greece, faced an attack. Initial reports indicate that the vessel sustained minor damage during the assault....

Can mobile cameras monitor traffic from both directions?

Can mobile cameras monitor traffic from both directions?

The Cyprus Traffic Police issued a statement addressing recent concerns about the directional functionality of speed cameras, emphasizing that the capability to monitor both directions has been in effect since the system's initiation...

Cyprus shines with 20% tourism surge!

Cyprus shines with 20% tourism surge!

In a burst of post-pandemic enthusiasm, Cyprus shines as the EU's tourism star, celebrating an impressive 20% surge in 2023 – a dazzling spectacle second only to a breathtaking fireworks display!...

Cyprus dominates EU exports in November

Cyprus dominates EU exports in November

Cyprus recorded the highest annual increase in exports among the member states of the EU in November 2023 compared to November 2022......

Cablenet teams up with KINX Gaming for Global Game Jam 2024

Cablenet teams up with KINX Gaming for Global Game Jam 2024

It is with great pleasure that Cablenet announces its strategic cooperation with KINX Gaming pioneer in eSports industry in Cyprus and we are excited to invite you to the Global Game Jam - Cyprus 2024, which will take place for the second time in Cyprus from January 26th to 28th....

Non-performing loans hold steady at €2B amid rising rates

Non-performing loans hold steady at €2B amid rising rates

Non-performing loans in the Cyprus banking system remained essentially unchanged at €2 billion in October 2023, marking a marginal reduction of just €2 million, in an environment of rising interest rates....

Faster approvals in just 90 days, Deputy Minister reveals

Faster approvals in just 90 days, Deputy Minister reveals

The average processing time for the guaranteed minimum income (GMI) applications has been reduced by 75%, from 12 months to 90 days, the Deputy Minister of Social Welfare, Marilena Evangelou, said during a press conference on the modernisation and upgrade of the GMI....

Police arrested for leaking Mafia-style execution video

Police arrested for leaking Mafia-style execution video

Two officers of the police’s motorcycle division were arrested on Monday for leaking a video showing the body of a man who was gunned down in a mafia-style execution in the Athens suburb of Neos Kosmos in the early hours of Sunday....

Nicosia operation nets 11 arrests in illegal residence crackdown

Nicosia operation nets 11 arrests in illegal residence crackdown

In a coordinated operation aimed at combating illegal residence within the Republic of Cyprus, police arrested 11 individuals in the Nicosia district....

Switzerland hosts global peace summit for Ukraine

Switzerland hosts global peace summit for Ukraine

Ukraine's plea for peace resonated as Switzerland stepped forward to host a summit, according to a joint announcement by the presidents in Bern. ...

Central Bank chief cautions on early rate cuts amid global tensions

Central Bank chief cautions on early rate cuts amid global tensions

Central Bank Governor and European Central Bank (ECB) member Constantinos Herodotou stated that discussions regarding interest rate reductions are premature, given ongoing geopolitical conflicts and potential disruptions in the supply chain arising from tensions in the Red Sea....

High-stakes legal battle rocks Cyprus

High-stakes legal battle rocks Cyprus

In a significant development, Cypriot lawyer Akan Kirsiat, currently under arrest in Rome, is set to decide today on his extradition to the Republic of Cyprus....

Turkey implements vessel traffic system in occupied territories

Turkey implements vessel traffic system in occupied territories

Turkey is taking steps to bolster maritime security in the occupied territories with the implementation of a ''Vessel Traffic Service System.''...

Shots fired during car chase in Larnaca

Shots fired during car chase in Larnaca

In the early hours of today, gunfire erupted as law enforcement engaged a 35-year-old woman from Larnaca wanted in connection with various criminal cases. The incident occurred in Livadia, within the Larnaca district....

Kaili slams Qatargate probe and freemason judges in TV interview

Kaili slams Qatargate probe and freemason judges in TV interview

MEP Eva Kaili, facing corruption and money laundering charges in the Qatargate scandal, vehemently defended herself in a recent interview with Italian channel Retequattro....

CEO predicts price drops for homes over 500K euros

CEO predicts price drops for homes over 500K euros

In the latest property data, the real estate landscape in Cyprus paints a picture of continuous growth, particularly in the apartment sector. However, a closer look reveals a potential plateau in the high-end market, specifically for properties priced at 500 thousand euros and above....

Trump leads GOP race with big Iowa win

Trump leads GOP race with big Iowa win

In a resounding win, former President Donald Trump has emerged victorious in the Iowa caucuses, marking a significant step in his potential bid for the Republican candidacy in the upcoming election....

Gunmen target family in Cyprus street shooting

Gunmen target family in Cyprus street shooting

In a chilling incident reminiscent of recent fatal shootings in Limassol and Nicosia, organized crime once again sends shockwaves through authorities....

Rain and thunderstorms to hit western regions

Rain and thunderstorms to hit western regions

A mild low-pressure system has a subtle impact on the region. Expect variable weather conditions today, primarily characterized by intermittent clouds....

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