News Stream

Five suspects to remain in custody until trial

In a decision made today by the Famagusta District Court, the five suspects involved in the alleged rape of a 20-year-old tourist on September 3rd in Agia Napa will remain in custody until the commencement of their trial, scheduled for October 5th....

Russia's UN demand turns heads

Russia has thrown its weight behind the prompt appointment of a special envoy or adviser tasked with addressing the enduring division of Cyprus, a matter that falls under the jurisdiction of the UN Secretary-General....

Europe grapples with alarming air pollution crisis

Europe is currently in the throes of a severe public health emergency, marked by dangerously high levels of air pollution prevalent across nearly all regions of the continent. ...

Fontainebleau's $3.7 billion Vegas resort finally opens

After an arduous 23-year journey, real estate magnate Jeffrey Soffer is finally realizing his dream. On December 13, the Florida-based developer will unveil his latest masterpiece in Las Vegas—a stunning $3.7 billion resort boasting seven exquisite pools, an impressive array of 36 restaurants and bars, and an exclusive rooftop club that offers breathtaking skyline vistas....

€369 million EIB loan for smart investments

The government has secured a €369 million loan from the European Investment Bank (EIB) with favorable terms to support expenditures and investments within the framework of the "Thalia" program. ...

43 undeclared workers uncovered in hotel raids

In July, the Ministry of Labor and Social Insurance's Inspection Service conducted targeted inspections at hotels across Cyprus, revealing 43 undeclared workers. This resulted in 20 Violation Notices and 19 Imposition of Fines, totaling €49,000....

153 government employees face overtime probe

After the issue of overtime pay arose with Deputy Government Spokesperson Doxa Komodromou, all Presidential staff will come under the scrutiny of the Audit Service, including relatives and friends of the presidential couple, as reported by Philenews. ...

Flavored heated tobacco to be banned as Cyprus aligns with EU directives

The Council of Ministers has approved amendments to regulations, including bans and warning labels on heated smoking products with flavored substances, according to Health Minister Poppy Kanari, in a move to align national legislation with European directives....

Woman held in €15,500 theft

A 25-year-old woman, sought on suspicion of embezzling €15,500 from a Limassol café where she was employed, faced arrest just before her scheduled departure abroad....

Las Vegas preps for first-ever Formula One race

Las Vegas is gearing up for its first-ever Formula One race on November 18 by building a temporary street track. In the lead-up months, as popular attractions are blocked by construction and scaffolding, some tourists regret the timing of their visits to the city....

Musk's Neuralink calling for human test subjects

Elon Musk’s controversial biotechnology startup Neuralink opened up recruitment for its first human clinical trial Tuesday, according to a company blog....

Focus on growth, employment control, and surplus in the 2024 budget

The 2024 state budget to be tabled to the Council of Ministers for approval next week will have three key characteristics, Minister of Finance Makis Keravnos told CNA....

Cyprus and Chevron unite for Aphrodite gas field

The Cyprus government and Chevron International reaffirmed on Wednesday that the development of Aphrodite gas field, located in the country's Exclusive Economic Zone (EEZ), is of "strategic importance."...

K. Treppides & Co Ltd and EIMF partner up to offer complimentary studies and assured long-term employment

A unique agreement recently penned between K. Treppides & Co Ltd and the European Institute of Management and Finance (EIMF) offers full-time employment while covering all study costs associated with obtaining EIMF’s accredited Diploma in “Accounting and Financial Management”....

Consulco’s London Credit Fund; Existing & New Investment Opportunities

€5,000 fine for flashing your lights? This is Cyprus!

The news quickly spread, landing somewhere between the wildly unbelievable and downright absurd. Yet, in Cyprus, a place where the unusual is just another day in paradise, it gained traction....

E-kalathi bill sparks debate in Parliament

During yesterday's session of the Parliamentary Committee on energy and trade, the debate shed light on a crucial aspect of the E-kalathi bill. It became evident that there are lingering disagreements among stakeholders and the majority of MPs on this issue. ...

Saudi Arabia prepares for its first-ever fashion week

Saudi Arabia is gearing up to host its inaugural Fashion Week, scheduled for October 20 to 23 in Riyadh. The event features participation from 30 local fashion designers and companies. ...

Liquidity cover hits 318% in banking

Konstantinos Herodotou, the Governor of the Central Bank of Cyprus, delivered a robust message at the TechIsland conference in Limassol....

Wild brawl among female students rocks Nicosia high school

A brawl erupted among female students at a Nicosia high school during a break. Video footage obtained by "K" shows the students engaged in physical altercations while their peers recorded the incident with their mobile phones, seemingly without any intervention from teachers....

Doritos' cheesy stunt sets world record

Doritos has pulled off a new record by dipping a chip in cheese and stretching it across a mountain in the UK....

Olive oil prices soar due to shortage and weather woes

The price of olive oil is expected to rise dramatically, possibly exceeding 10 euros per liter and reaching 15 euros in Europe, according to agricultural organizations....

Could diagnostic tests help kids learn better?

The Parliamentary Committee on Education explored the need for diagnostic examinations in all primary and secondary education classes at the start of the academic year to identify and address student weaknesses effectively....

Ministry on high alert as fuel prices soar globally

Constantinos Karagiorgis, Director of the Consumer Protection Service at the Ministry of Commerce, Energy, and Industry, has noted a concerning and continuous rise in fuel prices on the international stage. ...

Foreign demand fuels Cyprus real estate boom as local interest wanes

Demand in the real estate market remained steady from January to August despite rising prices, but interest has gradually waned, according to Paul Loizou, CEO of Ask Wire. ...

Sun, showers, and soaring temperatures

Today's weather forecast brings a mix of conditions across Cyprus. Initially, the skies will be predominantly clear, but as we progress into the afternoon, expect to see an increase in cloud cover, particularly in mountainous areas. Isolated rain showers are anticipated mainly in the higher elevations....

Airlift saves 62-year-old ailing passenger in Cyprus

In a carefully coordinated operation overseen by the Larnaca Search and Rescue Coordination Center (KSΕD), a 62-year-old patient was safely transported to Paphos General Hospital on Tuesday afternoon....

Global investment giants converge in Cyprus for IIFA 2023

The 36th annual international conference of the International Investment Funds Association (IIFA), will take place in Cyprus, for the first time, on October 23-25. ...

Bank refunds $500,000 to elderly customer

From Australia comes a story of corporate responsibility in the face of personal tragedy as an elderly national bank depositor had nearly AUD$500,000 returned to him out of the bank’s own pockets. ...

Court sentences speeding, drunk driver to prison time

In a recent ruling, the Nicosia District Court sentenced a 32-year-old man to three months in prison and six penalty points for speeding and driving under the influence of alcohol....