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12° Nicosia,
08 November, 2024
 

News Stream

Energy Minister urges Chevron to honor agreement for Aphrodite field development

Energy Minister urges Chevron to honor agreement for Aphrodite field development

Energy Minister George Papanastasiou has issued new communications to Chevron, the operator of the Aphrodite field, from the Parliament ahead of the crucial meeting with Chevron's Chairman, Clay Neff. ...

Murders shake Cyprus, prompting reflection on crime and leadership

Murders shake Cyprus, prompting reflection on crime and leadership

In a shocking turn of events, two murders occurred within a span of just a few hours, stealing the limelight from the ongoing turmoil in neighboring Israel and evoking grim memories of times long past. ...

Crypto 'wonder boy' Sam Bankman-Fried convicted in $8 billion fraud

Crypto 'wonder boy' Sam Bankman-Fried convicted in $8 billion fraud

Sam Bankman-Fried, the former billionaire founder of FTX, a prominent cryptocurrency exchange, was found guilty on Thursday of orchestrating one of the most significant financial frauds in history....

PPC becomes new owner of ''Kotsovolos'' in €200 million deal

PPC becomes new owner of ''Kotsovolos'' in €200 million deal

In a significant development, PPC, the Greek energy company, has emerged as the new owner of the popular retail brand "Kotsovolos." This transition was facilitated through a deal with the British group Currys, valuing the acquisition at €200 million, entirely free from loans and lease obligations....

President Christodoulides hails unprecedented ties between Cyprus and US

President Christodoulides hails unprecedented ties between Cyprus and US

Relations between Cyprus and the United States are today at the highest level than ever before, President Nikos Christodoulides said on Thursday evening, addressing a Gala dinner at the Presidential Palace, organised by AHEPA Cyprus in memory of businessman Photos Photiades....

UK accused of turning a blind eye to Israel-Palestine war

UK accused of turning a blind eye to Israel-Palestine war

Concerns that the UK Foreign Office has neglected the Israel-Palestine conflict in its tilt to the Indo-Pacific and the pursuit of trade deals across the Middle East is to be investigated by the foreign affairs select committee....

New US sanctions target Cyprus over Russia connections

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....

Residential land for sale by AstroBank

Residential land for sale by AstroBank

AstroBank is selling residential land in the districts of Famagusta, Paphos, Larnaca and Nicosia....

Reduced fuel and heating oil prices come into effect today

Reduced fuel and heating oil prices come into effect today

The excise tax on fuel and heating oil in Cyprus has been reduced by 8.33 and 6.39 cents per litre, respectively, as announced by the government on October 19....

Sunny skies with occasional clouds

Sunny skies with occasional clouds

The weather forecast for this Friday and the upcoming weekend offers a mixed bag of conditions, including partly cloudy skies, isolated rain, and rising temperatures....

Will Czech Republic embrace the euro?

Will Czech Republic embrace the euro?

Despite being part of the European Union for nearly two decades, the Czech Republic remains staunchly opposed to adopting the euro as its official currency. ...

Cyprus records €253.8M in new loans for September 2023

Cyprus records €253.8M in new loans for September 2023

Pure new loans in September 2023 increased to €253.8 million compared to €207 million in August 2023, according to the latest data released by the Central Bank of Cyprus on Thursday. ...

UN's Lacroix visits Pyla

UN's Lacroix visits Pyla

Under-Secretary-General for Peace Operations Jean-Pierre Lacroix who has been on the island since yesterday, visited Pyla....

Israel rejects Gaza ceasefire according to Hamas

Israel rejects Gaza ceasefire according to Hamas

The first British nationals have left Gaza via the Rafah border crossing from the Strip into Egypt, the Foreign Office has said....

ENI launches Cyprus drilling operation at Kronos-2

ENI launches Cyprus drilling operation at Kronos-2

The Transocean Barrents floating drilling rig has set sail from Limassol and is en route to the Kronos field. It will conduct drilling operations on behalf of the Italian company ENI at the Kronos-2 target in Block 6 of the Cypriot Exclusive Economic Zone (EEZ), approximately 160 kilometers southwest of Cyprus, according to a report from CNA....

Cyprus emerges as NATO's secret ally in Middle East evacuations

Cyprus emerges as NATO's secret ally in Middle East evacuations

The significant role of Cyprus in evacuating and rescuing US and Western countries from Israel and Lebanon has garnered attention recently....

Groundbreaking gene therapy restores hearing in deaf children

Groundbreaking gene therapy restores hearing in deaf children

In China, a true medical breakthrough has been achieved in a human trial that had as many as 10 children born deaf have their hearing restored through a genetic therapy method....

Limassol's real estate boom registers €310M in property sales for Q3 2023

Limassol's real estate boom registers €310M in property sales for Q3 2023

Ask Wire, a real estate and technology expertise company, has conducted an analysis and presented data on property sales in the Limassol district for the third quarter of 2023. ...

UN Under-Secretary-General navigates key agreements and envoy talks

UN Under-Secretary-General navigates key agreements and envoy talks

Jean-Pierre Lacroix, UN Under-Secretary-General for Peace Operations, who is carrying a three-day visit to Cyprus will visit the area of Pyla and the fenced-off city of Varoshia....

IATA's OneID sees a passport-free future in air travel

IATA's OneID sees a passport-free future in air travel

Recent strides in digital identity technology are reshaping the landscape of air travel, offering the promise of a streamlined and secure experience without the hassle of passports and boarding passes. ...

Tensions escalate as Aphrodite field negotiations reach breaking point

Tensions escalate as Aphrodite field negotiations reach breaking point

The final phase of negotiations for the development of the Aphrodite field, led by Chevron's consortium in Block 12 and the Republic of Cyprus, is approaching its deadline, set by Nicosia for the commencement of FEED operations on the upcoming Sunday, November 5....

Tatar's two-state solution push for Cyprus

Tatar's two-state solution push for Cyprus

Ersin Tatar, the leader of the Turkish Cypriots, emphasized the challenge of reuniting after 60 years, stating that there is little common ground left for such a reunion. He argued that there are now two separate states in Cyprus, highlighting the need for a new policy on this basis....

More illegal migrants repatriated from Cyprus

More illegal migrants repatriated from Cyprus

In a joint operation coordinated by the European agency FRONTEX, 14 third-country nationals who were residing unlawfully in Cyprus were repatriated to their respective countries today....

Producers and importers join forces to tackle tobacco product waste

Producers and importers join forces to tackle tobacco product waste

Producers and importers of tobacco products with filters have embarked on a significant environmental initiative, aligning themselves with the European Directive 2019/904/EU....

Private labels dominate market as e-kalathi falters

Private labels dominate market as e-kalathi falters

Disagreements over the specifics and philosophy of the bill concerning the creation of the e-kalathi electronic platform have led to an ongoing debate in the House Commerce Committee. ...

Cyprus: Where pizza delivery outpaces the police, and hitmen deliver efficiently

Cyprus: Where pizza delivery outpaces the police, and hitmen deliver efficiently

I read that after the two recent murders, there are fears of a vendetta and further bloodshed. But don't worry people. Our police have no such information, so we can all sleep soundly. ...

Hunt for killers intensifies in Kalogeropoulos ambush

Hunt for killers intensifies in Kalogeropoulos ambush

The police are closing in on the perpetrators of the fatal ambush on 55-year-old Thanasis Kalogeropoulos, which occurred on Monday morning....

Autopsy reveals ruptured liver and lung caused by gunshot

Autopsy reveals ruptured liver and lung caused by gunshot

In a recent forensic examination, it was determined that Alexis Mavromichalis (Alexoui) met his demise due to a hemorrhagic shock caused by a ruptured liver and lung caused by a gunshot wound. The autopsy was conducted by forensic pathologists Angeliki Papetta and Orthodoxos Orthodoxou....

The Beatles' 'Now and Then' surprises fans with a release

The Beatles' 'Now and Then' surprises fans with a release

George Harrison originally disliked it; fans had long assumed it would never be released. But the “final” song by the Beatles, Now and Then, is being released at 2pm GMT, an unexpected last flourish for arguably the UK’s greatest band....

Airstrikes, rockets, and buildings claim over 3,600 child lives in Gaza

Airstrikes, rockets, and buildings claim over 3,600 child lives in Gaza

The murders of Alexis Mavromichalis (Alexoui) and Thanasis Kalogeropoulos present a challenging puzzle for investigators. They are grappling with a wealth of information related to the open conflicts involving the victims. ...

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