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12° Nicosia,
15 June, 2024
 

News Stream

Wizz Air increases number of flights from Larnaca, Cluj and Varna

Wizz Air increases number of flights from Larnaca, Cluj and Varna

Wizz Air, Europe’s fastest growing and most environmentally sustainable airline globally1, is excited to announce the increase the number of flights from Larnaca, Cluj, and Varna,...

US sanctions target Russian-Cypriot connections

US sanctions target Russian-Cypriot connections

A Cypriot connection has emerged among the latest targets of US sanctions against Russia, with the US Treasury Department announcing penalties on Wednesday affecting individuals and entities linked to Cyprus. ...

UNHCR concerns over asylum-seekers trapped in buffer zone

UNHCR concerns over asylum-seekers trapped in buffer zone

The UN Refugee Agency (UNHCR) has raised alarms over the safety and well-being of 31 asylum-seekers, including seven children, who are reportedly stranded in the UN Buffer Zone in Cyprus....

King's Birthday celebrated with classic British flair

King's Birthday celebrated with classic British flair

The British High Commission in Cyprus hosted a lively reception at the British High Commissioner's residence on Wednesday evening to celebrate King Charles III's birthday....

Brace yourself for another scorcher!

Brace yourself for another scorcher!

The relentless heatwave in Cyprus shows no sign of abating, with temperatures continuing to sizzle above 40 degrees. Today, Thursday (13/06), the mercury is expected to skyrocket to a scorching 43 degrees. An orange warning is in effect from 12:00 noon until 17:00....

CBC chief warns: Tax on big profits could hurt economy

CBC chief warns: Tax on big profits could hurt economy

The new Governor of the Central Bank of Cyprus (CBC), Christodoulos Patsalides, expressed opposition to a windfall profits tax, which is a tax imposed by governments on companies that have experienced unexpectedly large profits,...

New global report launched at Global Family Business Summit

New global report launched at Global Family Business Summit

The Global Family Business report from KPMG Private Enterprise and the STEP Project Global Consortium reveals how some successful business families adopt a future-centric view of legacy that binds generations together, creating dynamic legacies that adhere with tradition while simultaneously embracing innovation...

Damiani celebrates 100 years with first Cyprus boutique

Damiani celebrates 100 years with first Cyprus boutique

The opening of the first Damiani Boutique in Cyprus!...

Eurobank increases stake in Hellenic Bank to 55.48%

Eurobank increases stake in Hellenic Bank to 55.48%

Eurobank's share in Hellenic Bank has increased to 55.48%, after the latest acquisition of 240.303 shares, for €0.62 million....

Bean Bar makes our summer cooler with a trilogy of fresh juices

Bean Bar makes our summer cooler with a trilogy of fresh juices

Summer is already upon us and along with a carefree mood, it brings us a need for refreshing, light and healthy flavours. Bean Bar has made its presence felt yet again this summer, with a unique, limited-time trilogy of natural juices, that aim to lift consumers’ spirits, by offering cool vibes and a positive energy!...

Animal rights activists deface King Charles III portrait

Animal rights activists deface King Charles III portrait

Animal rights activists defaced a new portrait of King Charles III on Tuesday as it hung in a London gallery....

Wildfire subsides, surveying of damage begins

Wildfire subsides, surveying of damage begins

The raging fire in Paphos has subsided, according to statements made by the Minister of Agriculture following the Council of Ministers meeting....

Kombos bolsters US relations while paving the path for Cyprus' future

Kombos bolsters US relations while paving the path for Cyprus' future

Foreign Minister Constantinos Kombos is currently on a diplomatic tour across three American states: Washington, New York, and Chicago. His agenda is packed with crucial meetings aimed at strengthening bilateral relations between the US and Cyprus,...

The conclusion of Aydin Dikmen's artifact saga

The conclusion of Aydin Dikmen's artifact saga

The case involving Aydin Dikmen, the Turkish antiquities thief, reached its conclusion on Tuesday, June 6th, as the Munich Court of Appeal ruled on the return of remaining artifacts:...

Epic customer service: 136 wins Best Contact Centre plus 5 more awards

Epic customer service: 136 wins Best Contact Centre plus 5 more awards

Epic introduced to the Cyprus market a unique combination of two powerful elements: a great network with great value. ...

Auditor General's dismissal hearing begins

Auditor General's dismissal hearing begins

The hearing for the dismissal of the Auditor General of the Republic, Odysseus Michaelides, begins today, Wednesday, June 12. Attorney General George Savvidis will be the first witness to testify....

EU to impose up to 25% tax on imported Chinese EVs

EU to impose up to 25% tax on imported Chinese EVs

The European Commission is set to notify car makers on Wednesday that it will provisionally apply additional duties of up to 25% on imported Chinese electric vehicles (EVs) starting next month, according to the Financial Times, citing sources familiar with the matter....

Wildfire ignites resident anger and blame game

Wildfire ignites resident anger and blame game

Residents' anger simmered over delayed aircraft response during Tuesday's fire outbreak in the Polemio-Psathi area, coupled with authorities' failure to curb illegal dumping, which likely sparked the blaze...

Cyprus faces market uncertainties as exit plans delayed again

Cyprus faces market uncertainties as exit plans delayed again

According to report by Panayiotis Rougalas in today's Oikonomiki, Cyprus faces a challenging time as it navigates plans to exit the financial markets. ...

153,000 people struggle with low incomes and high living costs

153,000 people struggle with low incomes and high living costs

The share of Cyprus' population at risk of poverty or social exclusion remained steady at 16.7% in 2023, according to the Statistical Service of Cyprus (Cystat). This means that approximately 153,000 people in Cyprus are struggling with low incomes and high living costs....

Cyprus and Montenegro sign maritime cooperation agreement

Cyprus and Montenegro sign maritime cooperation agreement

Cyprus and Montenegro have signed a Memorandum of Understanding to mutually recognize the certificates of competency for merchant ship officers issued by both countries. ...

Fire rages out of control, illegal garbage dump possible cause (pics)

Fire rages out of control, illegal garbage dump possible cause (pics)

A fire that broke out around 12:39 on Tuesday afternoon between the communities of Psathi and Polemi in Paphos is still raging out of control, and has spread to the communities of Kourtaka,...

US President's son convicted of illegal gun purchase

US President's son convicted of illegal gun purchase

Hunter Biden, the 54-year-old son of President Joe Biden, has been found guilty of illegally purchasing a firearm by hiding his drug use. This marks the first criminal prosecution of a sitting US president's offspring....

Raging wildfire forces evacuations from villages

Raging wildfire forces evacuations from villages

Firefighting efforts in the Paphos district are reaching superhuman levels as authorities battle a massive blaze that erupted on Tuesday, June 11, in the community of Yiolou. According to the latest updates, the Police have called on more personnel to assist in combating the fire....

Four U.S. university staff stabbed in China park (video)

Four U.S. university staff stabbed in China park (video)

Four staff members from a U.S. university were stabbed in Beishan Park in northeast China, officials said Monday....

May Newsletter of K. Treppides & Co Ltd: Cyprus Securities and Exchange Commission

May Newsletter of K. Treppides & Co Ltd: Cyprus Securities and Exchange Commission

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. ...

Cyprus adds six new firefighting aircraft to its arsenal

Cyprus adds six new firefighting aircraft to its arsenal

Cyprus has enhanced its firefighting capabilities with the addition of six new aircraft, announced the Department of Forests of the Ministry of Agriculture, Rural Development, and Environment on Tuesday....

Newly elected leaders of Nicosia District officially announced

Newly elected leaders of Nicosia District officially announced

The newly elected mayors, municipal councilors, school superintendents, community mayors, and community council members of the Nicosia district were officially proclaimed on Tuesday....

60 Cyprus relics to be repatriated from Germany

60 Cyprus relics to be repatriated from Germany

The long-running case involving Turkish antiquities smuggler Aydin Dikmen reached its conclusion Tuesday with an agreement signed for the repatriation of 24 ecclesiastical relics and 36 prehistoric and other antiquities to Cyprus by June 20....

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