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12° Nicosia,
27 December, 2024
 

News Stream

Didn’t know? Should’ve asked!

Didn’t know? Should’ve asked!

The Presidential Office appears to be in search of the 200 companies that have invested in Cyprus—a surprising development given the article published in "K" on November 24th....

Astromeritis-Evrychou motorway on track for completion by 2025, says Transport Minister

Astromeritis-Evrychou motorway on track for completion by 2025, says Transport Minister

he long-awaited Astromeritis-Evrychou motorway project, a key initiative connecting the Troodos region with Nicosia, is steadily advancing toward completion, according to Cyprus's Minister of Transport, Communications, and Works, Alexis Vafeadis....

SpaceX lands $843M deal to 'kill' the International Space Station

SpaceX lands $843M deal to 'kill' the International Space Station

Elon Musk’s SpaceX has been awarded an $843 million contract to oversee one of NASA’s most ambitious tasks yet: the controlled deorbit and destruction of the International Space Station (ISS). ...

Whistleblower exposes Thessaloniki art gallery forgery scandal

Whistleblower exposes Thessaloniki art gallery forgery scandal

Wednesday’s raid on a Thessaloniki art gallery that is believed to have been trading in forgeries was prompted by a tipoff from a whistleblower who testified to the police’s Cultural Heritage and Antiquities Department on November 19, Kathimerini has learned....

Messages allegedly left on bullet casings in CEO's Murder

Messages allegedly left on bullet casings in CEO's Murder

The murder of UnitedHealthcare CEO Brian Thompson on a New York City sidewalk has taken a dark and cryptic twist. Investigators found that each bullet casing left at the scene bore a single word: 'deny', 'depose', and 'defend'. ...

A Paralimni Christmas reunion: Presidents, politics, and passports

A Paralimni Christmas reunion: Presidents, politics, and passports

The moment we’ve all been waiting for has finally arrived. In the festive spirit of Christmas—those days of love when we sing ''Hosanna in the Highest,'' ''The Little Drummer Boy,'' and ''Silent Night''—...

Cyprus launches ''Digital Citizen'' for easier access to services

Cyprus launches ''Digital Citizen'' for easier access to services

Cyprus is making it easier for its citizens to handle official paperwork with the launch of the ''Digital Citizen'' program. Starting today, Cypriots can access and store important documents, such as their identity cards, driving licenses, and vehicle registration certificates, all in digital format....

Road closures for Quantum Marathon on December 7-8, 2024

Road closures for Quantum Marathon on December 7-8, 2024

The Quantum Nicosia Marathon will take place on Sunday, 8 December 8 2024, with over 4,000 runners participating. ...

Dine and donate for the sake of vulnerable children

Dine and donate for the sake of vulnerable children

Get Fresh, a culinary pioneer committed to wholesome and delicious food, is launching a heartwarming initiative to support Hope For Children CRC Policy Center. ...

A mild and mostly cloudy day ahead

A mild and mostly cloudy day ahead

A weak area of high pressure is settling over the region, which will bring partly cloudy skies today with the chance of some light rain or an isolated thunderstorm. ...

USS The Sullivans makes strategic stop in Larnaca

USS The Sullivans makes strategic stop in Larnaca

The Arleigh Burke-class guided-missile destroyer USS The Sullivans (DDG 68) has arrived at Larnaca Port, marking a brief yet meaningful stopover in Cyprus before redeploying in the Eastern Mediterranean....

Ministry mulls subsidies for 'vulnerable' boat owners amid Marina fee dispute

Ministry mulls subsidies for 'vulnerable' boat owners amid Marina fee dispute

The Ministry of Transport, Communications, and Works is considering subsidies for "vulnerable" boat owners, sparking a mix of curiosity and skepticism over who qualifies as "vulnerable" in this context....

November Newsletter of K. Treppides & Co Ltd - 28/11/2024

November Newsletter of K. Treppides & Co Ltd - 28/11/2024

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....

France's government falls in historic no-confidence vote

France's government falls in historic no-confidence vote

France is facing a deep political crisis after Prime Minister Michel Barnier’s government was ousted by a no-confidence vote, just three months into his term. This marks the shortest-lived administration in France’s Fifth Republic, which began in 1958....

UnitedHealthcare CEO fatally shot in midtown Manhattan in targeted attack

UnitedHealthcare CEO fatally shot in midtown Manhattan in targeted attack

In a shocking turn of events, Brian Thompson, the 50-year-old CEO of UnitedHealthcare, was fatally shot Wednesday morning in midtown Manhattan....

Commission's migration challenge: Syria and political hurdles complicate new EU legislation

Commission's migration challenge: Syria and political hurdles complicate new EU legislation

According to an article by Pavlos Xanthoulis, the European Commission, led by Ursula von der Leyen, prepares to unveil a new migration and refugee framework in February 2025, significant challenges loom, from escalating conflict in Syria to contentious legal and political disputes within the EU. ...

Disagreement among DISY MPs over strengthening Anti-Corruption Authority

Disagreement among DISY MPs over strengthening Anti-Corruption Authority

According to an article by Pavlos Neophytou, a clash has emerged within the Democratic Rally (DISY) party over the process and timeline for enhancing the Independent Authority Against Corruption....

Tensions flare in Baltic Sea after Russian warship fires on German helicopter

Tensions flare in Baltic Sea after Russian warship fires on German helicopter

A tense encounter between a Russian warship and a German helicopter has reportedly taken place in the Baltic Sea, sparking concern over rising tensions in the region....

Affordability, Urbanization, and Sustainability: How Real Estate in Cyprus, Greece, and Romania Will Evolve by 2029

Affordability, Urbanization, and Sustainability: How Real Estate in Cyprus, Greece, and Romania Will Evolve by 2029

The next five years will redefine the real estate markets of Cyprus, Greece, and Romania....

 Debate intensifies over proposed 5% tax on bank profits in Cyprus

Debate intensifies over proposed 5% tax on bank profits in Cyprus

According to a report by Panayiotis Rougalas in today's 'Oikonomiki', a controversial proposal to introduce a 5% tax on bank profits in Cyprus is racing against time to be debated in Parliament before the Christmas recess....

Nationally funded research project DYNAMO to redefine energy sharing within communities

Nationally funded research project DYNAMO to redefine energy sharing within communities

The first meeting of the consortium for the DYNAMO project (Decentralized Energy Management Platform for Smart Communities) was recently held, launching the project which aims to redefine energy sharing and transactions within communities....

Housing crisis looms as Limassol property prices skyrocket (video)

Housing crisis looms as Limassol property prices skyrocket (video)

Limassol has seen a dramatic surge in property prices over the past five years, with rents and home prices doubling—and in some cases, tripling....

Cyprus to host ''Battlefield Redefined 2024'' defence conference

Cyprus to host ''Battlefield Redefined 2024'' defence conference

The conference will explore cutting-edge topics, including artificial intelligence (AI), unmanned aerial and ground vehicles (UAVs and UGVs), cybersecurity, missile systems, electronic warfare, satellite technologies, and more....

Earthquake rattles Cyprus, felt strongly in Nicosia

Earthquake rattles Cyprus, felt strongly in Nicosia

An earthquake measuring 4.9 on the Richter scale shook Cyprus shortly after 11:00 AM on Tuesday, with several buildings in the capital, Nicosia, reportedly evacuated as a precautionary measure....

Intrakat’s €1 million debt to Cypriot subcontractors sparks legal action

Intrakat’s €1 million debt to Cypriot subcontractors sparks legal action

Greek-owned construction company Intrakat, which was contracted to build part of the Paphos-Polis Chrysochous motorway in Cyprus, is facing significant financial troubles, leaving behind nearly €1 million in debts to seven local subcontractors and suppliers....

Vietnamese tycoon can avoid death penalty by repaying $9 billion

Vietnamese tycoon can avoid death penalty by repaying $9 billion

Truong My Lan, a 68-year-old property tycoon from Vietnam, has been sentenced to death for embezzling a staggering $27 billion in one of the country's largest fraud cases....

Green Line regulation boosts trade, but challenges remain

Green Line regulation boosts trade, but challenges remain

The Green Line Regulation, which defines the legal framework for the movement of goods, people, and services between the government-controlled areas and the northern Turkish-occupied areas of Cyprus, remains a vital tool for the country’s reunification,...

Nicosia aims to become tourism and investment hub

Nicosia aims to become tourism and investment hub

Nicosia’s aspirations to become a vibrant hub for tourism and investment were showcased at the Annual General Meeting of the Nicosia Region Tourism Development and Promotion Company (LTO), held yesterday at the Old Town Hall....

Cyprus in turmoil as labor disputes shake key sectors

Cyprus in turmoil as labor disputes shake key sectors

According to a report by Dorita Yiannakou in today's 'Oikonomiki', labor disputes across several key sectors in Cyprus are causing widespread unrest, as workers and unions push for improved conditions and contract renewals....

''BORA'' fades, showers linger (videos)

''BORA'' fades, showers linger (videos)

The ''Boras'' storm that swept across Cyprus kept emergency services busy, with the Fire Service responding to 27 incidents caused by severe weather....

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