CLOSE
Loading...
12° Nicosia,
16 November, 2024
 

News Stream

Porsche Cyprus celebrates the Grand Opening of the new corporate architecture concept ''Destination Porsche'', in Limassol

Porsche Cyprus celebrates the Grand Opening of the new corporate architecture concept ''Destination Porsche'', in Limassol

It is the fourth Porsche Centre under the new retail ''Destination Porsche'' concept in the Central and Eastern Europe region and amongst first in the world. ...

Minister calls for duty-free halloumi exports to Australia

Minister calls for duty-free halloumi exports to Australia

Minister for Agriculture Petros Xenophontos participated in the Agriculture and Fisheries Council of the EU on Tuesday, where he participated in discussions regarding the state of the agricultural market in the EU as well as trade with Ukraine. Subtitle: ...

Ayia Napa marina expands with exciting new additions

Ayia Napa marina expands with exciting new additions

Ayia Napa Marina, renowned as the island's premier entertainment hotspot, is set to enhance its offerings with the addition of selected stores and brands in the shopping zone. The new establishments, expected to open in June, aim to provide visitors with even more choices to satisfy their every need and taste....

Government to proceed with National Security Council implementation

Government to proceed with National Security Council implementation

Cyprus’ Council of Ministers on Wednesday decided on the establishment of a National Security Council (NSC), Government Spokesman Konstantinos Letymbiotis announced, noting that its mandate will be to produce thoughts, ideas, suggestions and proposals with practical value on matters of national security....

China digs deeper to explore new frontiers

China digs deeper to explore new frontiers

Chinese scientists have begun drilling a 10,000-meter (32,808 feet) hole into the Earth’s crust, as the world’s second-largest economy explores new frontiers above and below the planet’s surface....

EU envoy a modern European approach, says Letymbiotis

EU envoy a modern European approach, says Letymbiotis

The proposal for the appointment of a special envoy from the EU for the Cyprus issue is a modern European proposal that can change the EU's relations with Turkey and solve a longstanding problem, ...

Cyprus unemployment higher than EU average

Cyprus unemployment higher than EU average

In 2022, the unemployment rate of people aged 15-74 in Cyprus was 6.8%, a little higher than the EU average (6.2%), according to data released by Eurostat, the statistical service of the EU, with data recording a large variation across the EU’s NUTS 2 regions. The unemployment rate among the young was also above the EU average in Cyprus....

An effective foreclosure framework is important, says FinMin

An effective foreclosure framework is important, says FinMin

An effective and functional foreclosure framework is crucial for encouraging borrowers to restructure their debt, due to the high stock of non-performing loans (NPLs), the Cyprus Ministry of Finance said in a press release on Tuesday....

Illegal bird trafficking ring busted

Illegal bird trafficking ring busted

An illegal wild bird trafficking ring was dismantled after a joint collaboration between the Game and Wildlife Service and Police....

Menendez wants change from Turkey before F-16 approval

Menendez wants change from Turkey before F-16 approval

A senior US senator who has long opposed the potential sale of F-16 fighter jets to Turkey said on Tuesday he wants Turkish President Tayyip Erdogan to take a 'less belligerent stance toward NATO allies and Turkey’s neighbors before lifting his opposition to the deal...

Aphrodite emerges from sea but behind closed doors

Aphrodite emerges from sea but behind closed doors

NewMed Energy, one of the partners in 'Aphrodite' hydrocarbons field, listed on the Tel Aviv Stock Exchange, will officially announce the delivery of the modified development and production plan of the block on Wednesday, Cyprus Energy Minister George Papanastasiou told the Cyprus News Agency...

Taxpayer funded ferry to Greece begins new season

Taxpayer funded ferry to Greece begins new season

Ferry ship Daleela begins today its first voyage marking the new season’s maritime connection between Limassol and Piraeus, which has been welcomed by the Deputy Minister for Shipping, Marina Hadjimanolis and Limassol Mayor Nicos Nicolaides...

Cyprus’ City of Dreams keeps union stewards at bay

Cyprus’ City of Dreams keeps union stewards at bay

Cyprus’ City of Dreams, Europe’s largest integrated casino resort, is moving ahead with plans this year to welcome guests with open arms, but union officials are not among them...

Cyprus tourism soars despite Russian sanctions

Cyprus tourism soars despite Russian sanctions

Tourism in Cyprus appears to be recovering from the repercussions of sanctions on Russia, following the invasion of Ukraine, recording an increase of 8% compared to 2019 which was a very good season for the island, according to figures discussed on Tuesday during a parliamentary committee on tourism in the presence of Deputy Minister of Tourism Kostas Koumis....

Kontides clinches gold at North Sea Regatta 2023

Kontides clinches gold at North Sea Regatta 2023

Pavlos Kontides, the Cypriot sailor, emerged victorious with a gold medal at the North Sea Regatta 2023 held in Scheveningen from 26th to 28th May, the same venue where the World Sailing Championships will be hosted in August....

Natural gas a priority for affordable electricity generation

Natural gas a priority for affordable electricity generation

The Cyprus Chamber of Commerce and Industry (CCCI) agrees with the government's priority to bring natural gas το Cyprus, in order to produce cheap electricity, said CCCI President Christodoulos Angastiniotis, after a meeting held between CCCI and President of the Republic, Nikos Christodoulides, on Tuesday....

From 25% to 5% smoking rate by 2040, says Kyriakides

From 25% to 5% smoking rate by 2040, says Kyriakides

Health and Food Safety Commissioner Stella Kyriakides, in a prelude to World No Tobacco Day on May 31, emphasized the Commission's ambitious objective of reducing smoking from 25% to a mere 5% of the population by 2040 in her written message....

Double triumph at the 19th Games of the Small States of Europe

Double triumph at the 19th Games of the Small States of Europe

Cyprus on Monday achieved two victories on the first day of the 19th Games of the Small States of Europe, held in Malta....

14 new fixed cameras in operation after 'Kataklismos'

14 new fixed cameras in operation after 'Kataklismos'

14 new fixed photo-enforcement cameras are being added to the urban road network after the Deluge weekend, according to Tassos Asiikkis, Chief Inspector of the Traffic Police Department....

Cyprus transforms into wintry wonderland with rain and hail

Cyprus transforms into wintry wonderland with rain and hail

On Tuesday (30/05), Cyprus experienced a sudden change in weather with heavy rainfall and hail across the island, creating a wintry scene. The Met Office has issued a yellow warning for severe thunderstorms, attributing the unstable air mass as the cause....

Cyprus sees decline in total deposits and loans

Cyprus sees decline in total deposits and loans

Total deposits in April 2023 recorded a net decrease of €173.3 million, compared with a net increase of €59.8 million in March 2023, the Central Bank of Cyprus said in a press release....

Corruption? On the island of saints?

Corruption? On the island of saints?

The millions - some say billions - that we lost as a state due to the corruption of various officials are not enough. Now we will have to pay additional funds to bring in "esteemed legal experts" from abroad - specifically from Great Britain - to assist in the investigations. Clearly, we are rapidly heading back to an era where corruption was limited, somewhere around 1950....

Titanic unveiled: Remarkable discovery of a gold necklace in the wreckage

Titanic unveiled: Remarkable discovery of a gold necklace in the wreckage

A remarkable discovery has been made in the wreckage of the Titanic—an uncovered gold necklace, thanks to the groundbreaking full-size digital scan of the ship....

Is there an energy plan, or isn't there?

Is there an energy plan, or isn't there?

When in 2011 Cyprus discovered natural gas in "Aphrodite," the discussion about geopolitical upgrading was so intense that it led to the creation... of a movie titled "Block 12" and the establishment of specialized studies in oil & gas....

Institute wages House battle for married parents

Institute wages House battle for married parents

Immigration experts in the Republic of Cyprus are proposing a €50,000 house bonus for newlyweds, with an additional annual stipend for each child born in wedlock as well as legal avenues for adopting healthy foreign babies...

A whirlwind of showers, thunderstorms and rising temperatures

A whirlwind of showers, thunderstorms and rising temperatures

The weather for today will begin with clear skies, but as the afternoon progresses, expect the development of clouds leading to local showers and isolated thunderstorms, primarily in the mountains, inland areas, and the northern region....

Devastating images of the Kathika fire: Destruction and aftermath

Devastating images of the Kathika fire: Destruction and aftermath

A fire broke out on Saturday in the Kathikas community, engulfing an area of approximately 30 hectares covered with forest vegetation. Distressing images captured by "K" reveal the aftermath of the blaze, presenting a desolate landscape....

May Newsletter of K. Treppides & Co Ltd: CySEC

May Newsletter of K. Treppides & Co Ltd: CySEC

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....

Ankara, Cairo waste no time after Erdogan prevails

Ankara, Cairo waste no time after Erdogan prevails

Egypt President Abdel Fattah al-Sisi and Turkish President Recep Tayyip Erdogan agreed on 'the immediate start of upgrading diplomatic relations, exchanging ambassadors,' Egypt's presidency said in a statement on Monday...

Cyprus and China discuss tourism cooperation

Cyprus and China discuss tourism cooperation

Deputy Minister of Tourism of Cyprus, Kostas Koumis, and Vice Minister of Culture and Tourism of China, Li Qun exchanged on Monday ideas, views and suggestions, during a meeting at the Ministry of Tourism, in Nicosia, in a bid to further strengthen the cooperation between Cyprus and China in the tourism sector...

X