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12° Nicosia,
12 May, 2025
 

News Stream

BOC appoints Bank of America as joint corporate broker, resumes dividend payments

BOC appoints Bank of America as joint corporate broker, resumes dividend payments

The Bank of Cyprus has announced the appointment of Bank of America Europe DAC (BofA Securities) as a joint Corporate Broker, along with NUMIS Securities Limited (NUMIS) and Keefe, Bruyette & Woods (KBW, acting through Stifel Nicolaus Europe Limited), with immediate effect....

 |  BUSINESS
US congressman arrested for fraud and money laundering

US congressman arrested for fraud and money laundering

US Republican congressman George Santos has been arrested in New York on federal charges of fraud, money laundering and theft of public funds....

 |  NEWS
Airlines now have more power thanks to Covid-19

Airlines now have more power thanks to Covid-19

The Airports Council International (ACI) Europe has released a comprehensive analysis of airport competition in Europe, highlighting the shifting dynamics as airlines tighten their grip. ...

 |  NEWS
Road transport of goods in Cyprus up by 39% in 2022

Road transport of goods in Cyprus up by 39% in 2022

The total weight of goods transported by road in Cyprus in 2022 rose by 39.3% compared with 2021, a year that included periodic restrictions due to the Covid-19 pandemic....

 |  BUSINESS
Irish soldiers train Ukrainian counterparts in Cyprus

Irish soldiers train Ukrainian counterparts in Cyprus

Irish soldiers have begun training their Ukrainian counterparts in Cyprus, the head of the Irish armed forces has disclosed....

 |  NEWS
Turkish elections: No matter who wins, Greece remains skeptical

Turkish elections: No matter who wins, Greece remains skeptical

Greek-Turkish Relations Hang in the Balance After Turkish Elections" Subtitle: "Uncertainty Looms as Turkey's Strategic Priorities Likely to Remain Unchanged Regardless of Election Outcome"...

 |  NEWS
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....

 |  BUSINESS
Cyprus shifts energy policy towards natural gas for power generation

Cyprus shifts energy policy towards natural gas for power generation

Cyprus' Minister of Energy, George Papanastasiou, announced that the country's strategy regarding the exploitation of natural gas in the Exclusive Economic Zone (EEZ) and other fields in the region will be decided after a workshop at the end of the month with the participation of energy companies in the Eastern Mediterranean. ...

 |  BUSINESS
'Full speed ahead to manage the partition'

'Full speed ahead to manage the partition'

Varosha was considered the last hope for a solution to the Cyprus problem and was "the negotiating card" of the Turkish side, as the former leader of the Turkish Cypriot community, Mehmet Ali Talat,...

 |  OPINION
Germany proposes new self-determination law for name and gender change

Germany proposes new self-determination law for name and gender change

The German government on Tuesday, presented a draft self-determination law which, if accepted, will make it easier for people to change their name and gender legally....

 |  NEWS
British tourist fined €10,000 for smuggling tobacco from occupied territories

British tourist fined €10,000 for smuggling tobacco from occupied territories

Customs officials seized 29.5 kilograms of rolling tobacco from a British tourist who admitted to buying it in the occupied territories with the intention of transporting it to the UK, according to a statement from the Customs Department....

 |  BUSINESS
New sanctions list expected by the end of May

New sanctions list expected by the end of May

The episode with the sanctions imposed by the United States and Britain on natural and legal persons that include Cypriot names is expected to continue....

 |  BUSINESS
Cops boost sex trafficking ops days after Limassol murder

Cops boost sex trafficking ops days after Limassol murder

Cyprus Police arrested a man in Limassol on Tuesday during a sex trafficking operation, but officials declined to comment whether the investigation was linked to the murder of an unnamed woman from Ukraine over the weekend...

 |  NEWS
Building land and offices for sale by AstroBank

Building land and offices for sale by AstroBank

AstroBank is selling building land, houses, and office space in various areas of Cyprus such as Famagusta, Larnaca, Paphos, and Nicosia....

 |  BUSINESS
Huge child abduction case flops in Cypriot court

Huge child abduction case flops in Cypriot court

A criminal court in Cyprus has acquitted all remaining defendants in a high profile child abduction case, just months after a Norwegian court also vindicated the father of the young girl, whose Cypriot mother accused him six years ago of taking their daughter unlawfully...

 |  NEWS
Alleged teen kidnapper gives own version of events

Alleged teen kidnapper gives own version of events

A foreign man accused of kidnapping two teenagers in a public park in Nicosia says he did not do anything, but local media say the suspect admitted after his remand hearing that he held a boy and a girl against their will...

 |  NEWS
Cyprus tackles alarming rates of antibiotic consumption

Cyprus tackles alarming rates of antibiotic consumption

Cyprus is facing a serious problem with the consumption of antibiotic drugs and is now implementing a surveillance program on antibiotic prescriptions in outpatient health care in collaboration with the Health Insurance Organization....

 |  NEWS
Frustrated PEGA member fears Cyprus role in Sudan

Frustrated PEGA member fears Cyprus role in Sudan

European Union lawmakers investigating the use of Pegasus spyware against opposition politicians and journalists on Tuesday raised deep concern about abuses in Hungary and Poland and lamented a lack of cooperation with their inquiry...

 |  NEWS
Trump found liable for sexual abuse, accuser awarded $5 million

Trump found liable for sexual abuse, accuser awarded $5 million

A federal jury on Tuesday found that Donald Trump sexually abused and defamed E. Jean Carroll, a writer who accused the former president of attacking her in a department store dressing room in the 1990s....

 |  NEWS
From clear skies to dust: Your weather update for the week

From clear skies to dust: Your weather update for the week

Good morning, here is your weather report for today and the upcoming days. Today's forecast predicts mostly clear skies with intermittent high clouds throughout the day. ...

 |  NEWS
Cyprus considers Deputy Ministry for European Affairs

Cyprus considers Deputy Ministry for European Affairs

Foreign Minister, Constantinos Kombos, has said that the Republic of Cyprus has been considering the establishment of a Deputy Ministry for European Affairs in view of the Cypriot Presidency of the EU, during the first half of 2026....

 |  NEWS
Cyprus struggles with illegal sperm clinics and lack of donor registry

Cyprus struggles with illegal sperm clinics and lack of donor registry

The lack of a register for egg and sperm donors used in medically assisted reproduction in Cyprus has emerged as a serious issue. During a recent meeting of the Parliamentary Human Rights Committee, DISY MP and member of the committee, Rita Superman,...

 |  NEWS
Central Bank governor projects higher economic growth for 2023

Central Bank governor projects higher economic growth for 2023

On Tuesday, Constantinos Herodotou, the Governor of the Central Bank of Cyprus, announced that the Cypriot economy is projected to grow in 2023 at a higher rate than the Eurozone average. ...

 |  NEWS
King Charles: the properties he is forbidden to sell

King Charles: the properties he is forbidden to sell

King Charles inherited $500 million in assets after the death of Queen Elizabeth, but that's only part of his fortune....

 |  NEWS
Appointment of 19-year-old consultant in Tourism Ministry: How it happened and what it means

Appointment of 19-year-old consultant in Tourism Ministry: How it happened and what it means

The Deputy Minister of Tourism, Costas Koumis, recently defended the appointment of a 19-year-old consultant. Koumis stated that nothing illegal had been done and that the hiring process was a common practice that has been used for many years....

 |  NEWS
CMP continues excavation efforts in six sites

CMP continues excavation efforts in six sites

The Committee on Missing Persons in Cyprus is currently conducting six excavations in both the occupied and free territories of the country to locate the remains of missing individuals and determine their fate....

 |  NEWS
Cyprus urged to repeal spyware export licenses not in line with EU

Cyprus urged to repeal spyware export licenses not in line with EU

Cyprus has played a major role as an export hub for spyware, and should repeal all export licences it has issued that are not in line with EU legislation, ...

 |  BUSINESS
Donkey owner fined €30,000 after animal dies from abuse in Greece

Donkey owner fined €30,000 after animal dies from abuse in Greece

An animal rights group that specializes in protecting Greece’s donkeys has hailed the decision by an Athens prosecutor to slap a fine of 30,000 euros on a man who allowed his donkey to die of shock and exposure....

 |  NEWS
President announces receipt of first US sanctions list

President announces receipt of first US sanctions list

Subtitle: ...

 |  NEWS
Alleged park kidnapper remanded in custody for eight days

Alleged park kidnapper remanded in custody for eight days

The 29-year-old man accused of kidnapping minors in a park on April 20th was brought before the Nicosia District Court. As per reports, the foreign national, who has been detained for eight days, is refusing to cooperate with the investigators regarding the case....

 |  NEWS
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New 15% tax hits Hellenic and other banks
BUSINESS

New 15% tax hits Hellenic and other banks

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Your friendly start-of-the-week forecast. Photo credit: Unsplash
NEWS

Rain on the horizon, but nothing to worry about

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