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12° Nicosia,
17 June, 2025
 

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Kaili in custody until next week - Decision on the three is expected

Kaili in custody until next week - Decision on the three is expected

Eva Kaili, a Greek MEP and former vice-president of the European Parliament, will be detained until next week, according to AFP....

 |  NEWS
The Louvre, the British Museum, and now the New Cyprus Museum (photos - video)

The Louvre, the British Museum, and now the New Cyprus Museum (photos - video)

Work on the New Cyprus Museum will begin in January 2023, and the project is expected to take 42 months to complete, with completion scheduled for mid-2026. ...

 |  NEWS
UK pledges support in Cyprus maritime sector

UK pledges support in Cyprus maritime sector

British High Commissioner to Cyprus, Irfan Siddiq expressed his country’s readiness to deepen its cooperation with Cyprus in the maritime and marine sectors. ...

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Biden signs same-sex marriage bill into law

Biden signs same-sex marriage bill into law

“Marriage is a simple proposition. Who do you love? And will you be loyal to that person you love?” the president asked from the South Lawn. “It’s not more complicated than that.”...

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Fewer building permits were registered in September, down from August

Fewer building permits were registered in September, down from August

Building permits issued in Cyprus in September marked a new annual reduction with the construction sector negatively affected by spikes in construction costs, amid uncertainty generated by the war in Ukraine....

 |  BUSINESS
Cyprus retail sector continues climb despite inflation

Cyprus retail sector continues climb despite inflation

Black Friday, with its high levels of traffic and shopping, appears to have given way to the Christmas holiday season. The market is still moving well, with increased foot traffic in shopping malls and main streets....

 |  BUSINESS
Gatzke-Hellenic relations have returned to normal

Gatzke-Hellenic relations have returned to normal

After taking a brief leave of absence, Hellenic Bank CEO Oliver Gatske has returned to his duties. Mr. Gatske was given the green light to return to his office on Monday after the Cyprus Securities and Exchange Commission cleared him of any wrongdoing....

 |  BUSINESS
New Zealand becomes the world's first smoke-free country

New Zealand becomes the world's first smoke-free country

As the first nation to adopt this policy and even pass a draft law, New Zealand has set the goal of getting the younger generation to stop smoking....

 |  NEWS
Finland: More kids with foreign ancestry were born in 2021

Finland: More kids with foreign ancestry were born in 2021

Finnish residents with foreign backgrounds have a higher birth rate compared to the native-born, including both men and women, the statistics show....

 |  NEWS
Gatzke returns to Hellenic

Gatzke returns to Hellenic

Oliver Gatzke, CEO of the Hellenic Bank, has returned to the Bank of Greece's headquarters as of today, December 12....

 |  BUSINESS
MEP Eva Kaili fires back from jail cell

MEP Eva Kaili fires back from jail cell

An attorney for EU lawmaker Eva Kaili, who is accused of being involved in an alleged bribery scandal involving a Gulf state, says money found in his client’s Brussels home did not belong to her, while a Cypriot MEP says he was troubled by her colleague’s stance towards Turkey’s ally Qatar...

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Athens offices of Predator spyware seller raided

Athens offices of Predator spyware seller raided

The Athens offices of Intellexa, which sells the Predator spyware in Greece, and Krikel, an ICT and electronic security systems provider, were among six companies raided by police as part of the investigation into the wiretapping affair on Tuesday...

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Cyprus to extend FTX EU license suspension

Cyprus to extend FTX EU license suspension

Cyprus’ securities regulator plans to extend the suspension of the license of FTX EU and will meet to discuss the matter next week, a spokesperson said on Tuesday...

 |  NEWS
Power cuts averted as energy grid clash rages on

Power cuts averted as energy grid clash rages on

Electricity Authority of Cyprus (EAC) workers' unions announced the suspension of the measures scheduled for Wednesday, after an extraordinary meeting with the Minister of Labour and Social Insurance, Kyriakos Kousios and the agreement to arrange as soon as possible 'and in any case within the next week' a meeting with the Ministers of Energy and Finance on the issues of concern ...

 |  NEWS
Turkish FM raises havoc over ‘demilitarization’ of Greek islands

Turkish FM raises havoc over ‘demilitarization’ of Greek islands

The matter of the eastern Aegean islands is a “national issue,” Turkish Foreign Minister Mevlut Cavusoglu told the Grand National Assembly on Tuesday, appealing for consensus over Ankara’s claims that Greece is violating their demilitarized status....

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Yellow warning for showers and thunderstorms

Yellow warning for showers and thunderstorms

The Meteorological Service had issued a yellow warning for rain and storms on Tuesday afternoon....

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Cyprus could become a year-round tourist destination by 2030

Cyprus could become a year-round tourist destination by 2030

The ultimate goal of the National Tourism Strategy 2030 is to establish Cyprus as an all-season, high-quality, digitally intelligent and accessible tourist destination, that respects the environment and channels the benefits of tourism across the island,...

 |  BUSINESS
Power cuts to be implemented on Wednesday

Power cuts to be implemented on Wednesday

The Cyprus Transmission System Operator (TSO) is developing a power cut schedule in collaboration with the Distribution System Operator (DSO) to ensure the security of the electricity generation system, with the plan so far providing for half-hourly power cuts in the Nicosia, Larnaca, and Famagusta districts....

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More than €1.5 million in cash seized from Kaili - Panzeri

More than €1.5 million in cash seized from Kaili - Panzeri

More than €1.5 million in cash was seized from the homes of Eva Kaili and former MEP Pierre Antonio Panzeri in Brussels, according to Belgian police....

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Paphos Mayor honored at AUB Founder's Day celebration

Paphos Mayor honored at AUB Founder's Day celebration

On December 5, 2022, the American University of Beirut (AUB) in Beirut, Lebanon, celebrated Founders Day, an annual event in which the university community gathers to pay tribute to,...

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US at the ready to lend support to Cyprus

US at the ready to lend support to Cyprus

Should disaster strike once again, the United States stands ready to lend its support, resources, and expertise to the Republic of Cyprus, US Ambassador Judith Garber assured, pointing out at the same time, that Americans have benefitted directly from the heroism and efficiency of the Civil Defense team in the past....

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Eva Kaili's expulsion from office unanimously approved

Eva Kaili's expulsion from office unanimously approved

The Conference of Presidents unanimously decided to remove Eva Kaili from her position as one of the 14 vice presidents of the European Parliament in the aftermath of the bribery scandal involving Qatar....

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Solon Kassinis has died

Solon Kassinis has died

Solon Kasinis, a former DISY MP, passed away today at the age of 70....

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€36 million loss so far reported by banks this year

€36 million loss so far reported by banks this year

The banking system reported a loss after tax of €36 million on a consolidated basis in the first nine months of 2022, compared to a profit of €22.54 million in the corresponding period of 2021....

 |  BUSINESS
November's real estate performance

November's real estate performance

The year is almost over, and we now have a good idea of how the real estate market performed in 2022. As we all know, the difficulties were and continue to be numerous....

 |  OPINION
Streptococcus tests imminent - Decisions from the meeting

Streptococcus tests imminent - Decisions from the meeting

A series of preventive measures to address and monitor the outbreak of streptococcal infections in Cyprus was announced on Monday by the Ministry of Health, in collaboration with the Paediatric Society of Cyprus....

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EU lawmaker denies taking bribes from Qatar

EU lawmaker denies taking bribes from Qatar

European Parliament Vice President Eva Kaili, a suspect in an investigation into money laundering and corruption at the parliament, has denied receiving money from Qatar, one of her lawyers said in Greece on Tuesday...

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Man faces sentence in 'unwanted sex' with minor

Man faces sentence in 'unwanted sex' with minor

A criminal court in Larnaca has found a man guilty of having unwanted sex with a teenage girl, after prosecutors proved the offender had used Instagram for child grooming and rape...

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Consulco launches its direct real estate investment services

Consulco launches its direct real estate investment services

Consulco, the London investment specialist has launched its direct real estate investment services assisting overseas investors to acquire and manage residential properties in central London. ...

 |  BUSINESS
More EU Parliament offices raided in corruption probe

More EU Parliament offices raided in corruption probe

Belgian police conducted more raids at European Parliament offices Monday as the legislature’s president pledged to launch an internal investigation into corruption allegations and the bloc’s top official called for the creation of an EU-wide independent ethics body...

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During yesterday's roundtable discussion held in Limassol, two other companies officially declared their decision to expand their activities in Cyprus.
BUSINESS

Bollywood, bots, and big bucks as Cyprus becomes India’s new business and movie hub

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Operation “Rising Lion” targets IRIB as Israel warns of imminent nuclear threat. Photo screen captured from IRIB video.
NEWS

Israeli airstrike hits Iran’s state TV headquarters as nuclear tensions surge

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