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12° Nicosia,
29 September, 2024
 

News Stream

Jumbo to open second store in Nicosia this summer

Jumbo to open second store in Nicosia this summer

Jumbo is set to open its second store in Nicosia and sixth in Cyprus, located in the former Stephanides Group headquarters near the Mall of Cyprus and IKEA in Strovolos....

Auditor-General challenges pension misconduct claims

Auditor-General challenges pension misconduct claims

Auditor-General Odysseas Michaelides addressed several contentious issues during the third day of hearings at the Supreme Judicial Council, which is reviewing Attorney General George Savvides' request to dismiss Michaelides for alleged misconduct....

Nicosia police collects over €100,000 in fines

Nicosia police collects over €100,000 in fines

In a recent enforcement drive spearheaded by the Nicosia Police Directorate on Tuesday, authorities announced the execution of 209 fine warrants, resulting in the collection of €101,582.56. ...

Dior bags assembled for €53, sold at €2,600

Dior bags assembled for €53, sold at €2,600

Italian authorities have uncovered stark realities behind the glitz of fashion catwalks and luxury boutiques during recent raids on local factories and workshops involved in the production of Dior and Armani handbags....

Democrats urge Biden to withdraw from 2024 elections

Democrats urge Biden to withdraw from 2024 elections

In the wake of Joe Biden's recent debate with Donald Trump, Democratic pressures mount for the American president to be forthright about his health condition. Questions swirl about the responsibilities of his closest aides....

Cabinet expands subsidies for infertility treatment

Cabinet expands subsidies for infertility treatment

The Cyprus Cabinet has greenlit an amended plan that significantly enhances subsidies for infertility treatment, Health Minister Michael Damianos announced Tuesday....

New pyramid scheme preys on Cypriots promising big profits

New pyramid scheme preys on Cypriots promising big profits

In a report by Hectoras Georgiou from Kathimerini, a new company named Metamax has recently popped up in Cyprus, promising substantial profits to users through its application. ...

''Cyprus prepared for Lebanon conflict fallout,'' says Kombos

''Cyprus prepared for Lebanon conflict fallout,'' says Kombos

A possible spillover of the conflict in Lebanon would have catastrophic consequences, Foreign Affairs Minister Constantinos Kombos said on Tuesday......

Tatar and Stewart confer on security issues in Cyprus buffer zone

Tatar and Stewart confer on security issues in Cyprus buffer zone

The UN Secretary-General's Special Representative to Cyprus, Colin Stewart, expressed concern about the militarization of the buffer zone......

Execution-style murder of civil engineer linked to Mykonos activities

Execution-style murder of civil engineer linked to Mykonos activities

Police are intensifying their investigation into the murder of 54-year-old civil engineer Panagiotis Stathis, who was fatally shot on Tuesday morning outside his company's offices in Psychiko, a northern suburb of Athens....

Larnaca intensifies mosquito spraying for public health

Larnaca intensifies mosquito spraying for public health

Larnaca Municipality has informed residents that systematic spraying operations to combat mosquitoes are ongoing throughout the city....

AstroBank wins international recognition for the second consecutive year

AstroBank wins international recognition for the second consecutive year

AstroBank has been named Best Private Bank – Cyprus by the Global Private Banking Innovation Awards 2024 for the second consecutive year. ...

Ygea Farm receives accolade for organic egg production

Ygea Farm receives accolade for organic egg production

George Konstantinides established Ygea Farm two decades ago in the fertile meadows just outside Mathiatis. ...

Cyprus secures halloumi PDO status with 5-year plan

Cyprus secures halloumi PDO status with 5-year plan

Cyprus has been granted a 5-year transition period by the European Commission to comply with the requirements for the production of halloumi......

ECB concerned over Cypriot bank profit tax proposal

ECB concerned over Cypriot bank profit tax proposal

In 2023, Cypriot banks reported unprecedented profits, marking a 15-year high, with projections suggesting even greater earnings in 2024....

How France's nationalist shift could shape Cyprus' future

How France's nationalist shift could shape Cyprus' future

In France, the prospect of nationalists potentially clinching a decisive majority in the upcoming parliamentary elections has stirred apprehension in Brussels and Berlin....

Fitch elevates Hellenic Bank’s credit rating

Fitch elevates Hellenic Bank’s credit rating

Fitch Ratings has upgraded Hellenic Bank's Long-Term Issuer Default Rating (IDR) to 'BBB-' from 'BB+', with stable outlook and its Viability Rating (VR) to 'bbb-' from 'bb+'. ...

Dust, heat, and strong winds expected

Dust, heat, and strong winds expected

The region is currently under the influence of seasonal low pressure, resulting in a mix of weather conditions....

Cyprus and U.S. celebrate strengthened ties at U.S. Independence Day event

Cyprus and U.S. celebrate strengthened ties at U.S. Independence Day event

The 248th anniversary of U.S. Independence was marked with a grand celebration hosted by the U.S. Embassy in Nicosia on Tuesday evening....

EU funds drive Cyprus organic plant production with €5.2M

EU funds drive Cyprus organic plant production with €5.2M

The Cyprus Agricultural Payments Organization (CAPO) has disbursed over 5 million euros to beneficiaries under Action A.A. 1.4 - Organic Plant Production of Cyprus' Strategic CAP Plan for the 2023-2027 programming period....

Great Sea Interconnector study outlines benefits July 11

Great Sea Interconnector study outlines benefits July 11

The Greek Regulatory Authority for Energy (RAAEU) has made a significant decision regarding the methodology for calculating the regulated revenue......

President announces €10 Million boost for Cyprus tourism

President announces €10 Million boost for Cyprus tourism

President Nikos Christodoulides announced a €10 million increase in the 2025 budget for the Deputy Ministry of Tourism to enhance Cyprus's international promotion....

Reunification talks face challenges, UN envoy finds parties far apart

Reunification talks face challenges, UN envoy finds parties far apart

The ongoing efforts to reunify Cyprus have hit another roadblock, as the Personal Envoy of the Secretary-General, former Colombian Foreign Minister Ms. Holguin, finds significant gaps between the negotiating parties. ...

Presidential Palace achieves 'zero waste' milestone

Presidential Palace achieves 'zero waste' milestone

The Presidential Palace has become the first government building in Cyprus to receive the "Zero Waste to Landfill" certification, setting a strong environmental example for the nation....

Cyprus higher education sees doubling of student enrollment over past decade

Cyprus higher education sees doubling of student enrollment over past decade

Health Minister Michalis Damianos praised the dramatic growth of Cyprus' student population during a graduation ceremony at the University of Frederick in Nicosia on Friday....

Cypriot students stranded by Swiss landslide begin journey home

Cypriot students stranded by Swiss landslide begin journey home

Sixty-five students and six teachers from the English School in Nicosia are on their way back to Cyprus after being stranded in Switzerland due to a landslide....

Government halts heavy industry in Vasilikos

Government halts heavy industry in Vasilikos

The Cypriot government has granted a long-standing request from the Vasilikos area's coordinating committee, prohibiting further heavy industry licensing in the region....

Over 200 migrants repatriated from Cyprus in a week

Over 200 migrants repatriated from Cyprus in a week

More than 200 third-country nationals illegally residing in Cyprus have been repatriated to their countries of origin over the past week, the police announced Friday....

How Russian LNG still powers Europe despite sanctions

How Russian LNG still powers Europe despite sanctions

The Yakov Gakkel LNG tanker plays a crucial role in maintaining Europe's gas supply, transporting liquefied natural gas (LNG) from Siberia to European terminals....

Hearing continues in Auditor General suspension case

Hearing continues in Auditor General suspension case

The Supreme Judicial Council continues to hear Attorney General George Savvidis' request to suspend Auditor General Odysseus Michaelides on grounds of misconduct. ...

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