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12° Nicosia,
28 April, 2025
 

News Stream

50 million luxury shoppers pull back as market slows

50 million luxury shoppers pull back as market slows

For the first time since the 2009 financial crisis, the luxury goods market is losing its shine. A whopping 50 million shoppers have stopped splurging on designer bags, watches, and other high-end items, according to Bain & Company’s latest report....

Cyprus tourism hits new highs, October sets record

Cyprus tourism hits new highs, October sets record

Tourism in Cyprus continues to shine in 2024, with arrivals nearing 3.73 million between January and October, marking a 4.6% annual increase. This figure also slightly surpasses the same period in 2019, a record-breaking year for Cypriot tourism, showing a 0.81% rise....

Declassified invasion documents confirm old truths

Declassified invasion documents confirm old truths

The recently declassified intelligence documents on the events surrounding the 1974 Turkish invasion of Cyprus and the coup against Archbishop Makarios shed light on the complex dynamics of the period but do not significantly alter existing historical conclusions. ...

The EuroBasket Trophy Visits ECOMMBX Offices

The EuroBasket Trophy Visits ECOMMBX Offices

The Cyprus Basketball Federation and ECOMMBX held a joint press conference today (November 18) to mark their partnership and celebrate ECOMMBX as the ''6th Player'' of the Men’s National Basketball Team in its journey to EuroBasket 2025....

Botched robbery ends in disaster as suspect loses leg

Botched robbery ends in disaster as suspect loses leg

Paphos Police have arrested two men in connection with a botched burglary that resulted in serious injuries and a complex web of alleged crimes, including conspiracy to commit a felony, housebreaking, and providing false information to authorities....

Paralimni-Deryneia officials shut down abandoned apartment complex

Paralimni-Deryneia officials shut down abandoned apartment complex

In a bold move to improve living conditions and protect its reputation, the Municipality of Paralimni - Deryneia has shut down a derelict apartment complex that had become a danger to health and safety....

Apple quietly discontinues lightning to 3.5mm headphone adapter

Apple quietly discontinues lightning to 3.5mm headphone adapter

Apple has quietly pulled the plug on its once-essential Lightning to 3.5mm headphone adapter, marking the end of an era for iPhone users who relied on the small accessory....

Cyprus in mourning as four young lives lost in weekend crashes

Cyprus in mourning as four young lives lost in weekend crashes

Cyprus was left in shock on November 17 after two tragic road accidents claimed the lives of four young people, leaving a nation grieving and demanding answers, according to 24News' Stella Markou....

Chasing clouds: A week of showers and sunshine

Chasing clouds: A week of showers and sunshine

A weak low-pressure system will bring partly cloudy skies and scattered showers to Cyprus today, with a possibility of isolated thunderstorms. Early in the day, rain is most likely along the western and northern coasts, while later, the mountains, inland areas, and the eastern regions may see some wet weather....

Understanding surrogacy in Cyprus: A legal guide to the legal process

Understanding surrogacy in Cyprus: A legal guide to the legal process

Motherhood is a significant milestone in every woman's life, but for some, the journey to having biological children can be challenging. Due to medical conditions or infertility, many women and couples find themselves unable to conceive naturally. ...

November Newsletter of K. Treppides & Co Ltd - 15/11/2024

November Newsletter of K. Treppides & Co Ltd - 15/11/2024

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....

New online ''Patient's Guide'' to provide information on GeSY services

New online ''Patient's Guide'' to provide information on GeSY services

Health Minister Michael Damianos introduced an online portal called the ''Patient’s Guide'' on Monday, aiming to improve the public’s understanding of the General Health System (GeSY) and promote more responsible use of healthcare services....

New applications for startups will be accepted at the IDEA Innovation Center

New applications for startups will be accepted at the IDEA Innovation Center

New applications from talented entrepreneurs who have an innovative idea and are determined to turn it into a startup business are now being accepted by the IDEA Innovation Center of Bank of Cyprus until 14th February 2025....

Sklavenitis to revamp Papantoniou supermarkets across Cyprus

Sklavenitis to revamp Papantoniou supermarkets across Cyprus

In September 2025, the Sklavenitis Cyprus network will officially complete its acquisition of Papantoniou Supermarkets, a move that will significantly reshape the local retail landscape, according to Kathimerini's Dorita Yiannakou....

UNIC Christmas Spirit returns for a joyful on-campus holiday experience

UNIC Christmas Spirit returns for a joyful on-campus holiday experience

The University of Nicosia (UNIC) and the Karaiskakio Foundation are delighted to bring back the Christmas spirit with a week-long celebration full of festive events and activities....

KPMG Cyprus unveils: KPMG Cyprus Real Estate Market Report Insights-13th edition

KPMG Cyprus unveils: KPMG Cyprus Real Estate Market Report Insights-13th edition

The pipeline of real estate projects in Cyprus continues to expand in 2024, with residential developments leading the way. Market liquidity appears to be improving, with Limassol dominating the overall market and the high-end residential segment for 2023 and the first half of 2024....

Cyprus' Anti-Corruption Authority's major investigations near completion

Cyprus' Anti-Corruption Authority's major investigations near completion

The Independent Anti-Corruption Authority of Cyprus is making waves as it tackles high-profile investigations into alleged corruption, including the controversial ''gold passports'' scheme, claims of a ''state mafia,'' and other issues....

Intruders breach Windsor Castle estate while royal family sleeps

Intruders breach Windsor Castle estate while royal family sleeps

Masked intruders broke into the Windsor Castle estate, where Prince William, Princess Kate, and their three children were asleep in their Adelaide Cottage residence....

Sleigh it ain’t so! Cyprus’ christmas villages are back!

Sleigh it ain’t so! Cyprus’ christmas villages are back!

If there’s one thing Cyprus knows how to do, it’s sprinkle a little extra holiday magic on everything. This year, eight traditional villages and towns are donning their holiday best, rolling out the welcome mat, ...

Marco Rubio’s key role in U.S.-Cyprus -Greece relations

Marco Rubio’s key role in U.S.-Cyprus -Greece relations

According to Lena Argiri of Kathimerini Greece, in early 2019, Marco Rubio, U.S. Senator from Florida, was approached by Gus Bilirakis, a fellow Republican U.S. Congressman, and members of the Greek-American lobby....

Three young lives lost in Frenaros car crash; two injured

Three young lives lost in Frenaros car crash; two injured

The tragic traffic collision in Frenaros on Sunday, November 17, claimed the lives of three young people and left two others seriously injured....

Was Trump really the only option for the working class in 2024?

Was Trump really the only option for the working class in 2024?

What makes a political comeback genuinely remarkable? Is it policy, charm, or a connection to the people? ...

Cyprus reunification 'off the table', says former U.S. Ambassador, warns Europe not to rely on U.S.

Cyprus reunification 'off the table', says former U.S. Ambassador, warns Europe not to rely on U.S.

A statesman, a diplomat, and a patriot, John Koenig is the epitome of dedication to service and diplomacy. With a career spanning over three decades, he has served in pivotal roles across the globe, from his time as U.S. Ambassador to Cyprus from 2012 to 2015 to his earlier postings in Belgium, Greece, Indonesia, Italy, and the Philippines. ...

Laiki Bank liquidator raises €90.8 million for depositor compensation

Laiki Bank liquidator raises €90.8 million for depositor compensation

According to a report by Panayiotis Rougalas in this Sunday's Kathimerini, the liquidator of the former Laiki Bank, Avgoustinos Papathomas, has achieved a key milestone in efforts to compensate creditors, particularly depositors who lost money during the bank’s 2013 collapse....

Unsettled weather with showers and thunderstorms

Unsettled weather with showers and thunderstorms

A low-pressure system is influencing the area, bringing unsettled conditions....

The First Cyprus Influencers & Creators Festival: A Remarkable Debut!

The First Cyprus Influencers & Creators Festival: A Remarkable Debut!

The first International Content Creators Festival took place from November 8-10, 2024, at Cap St. Georges Hotel & Resort, located at the picturesque Cape St. George in Paphos. ...

Kalopanagiotis and Pissouri named among World’s Best Tourist Villages for 2024

Kalopanagiotis and Pissouri named among World’s Best Tourist Villages for 2024

Two villages from Cyprus, Kalopanagiotis and Pissouri, have been recognized as among the best tourist destinations in the world for 2024 by the World Tourism Organization (UNWTO)....

Israel-Cyprus-Greece energy ties more important than ever, says Ambassador

Israel-Cyprus-Greece energy ties more important than ever, says Ambassador

Israel’s Ambassador to Cyprus, Oren Anolik, emphasized the growing importance of cooperation between Israel, Cyprus, and Greece, particularly in the field of energy,...

Cyprus to strip protection from asylum seekers who commit serious crimes

Cyprus to strip protection from asylum seekers who commit serious crimes

Cyprus has moved forward with a new law that will strip asylum seekers of their subsidiary protection status if they commit serious criminal offenses. ...

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