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61. 2024 global VC investment rises to $368B as investor interest in AI soars

Global VC investment rose from $349.4 billion across 43,320 deals in 2023 to $368.3 billion across 35,684 deals in 2024 despite a multitude of challenges, including global conflicts and geopolitical tensions, uncertainties associated with a significant number of major elections—...

62. Green oasis or business hub? The fight over Nicosia’s State Fair site

The Nicosia Municipality, Nicosia district MPs, and residents of Engomi are increasing pressure on the government to reconsider its plans for developing the State Fair site. ...

63. One in three short-term rental accommodations is illegal

64. The battle over the State Fair site

The Nicosia Municipality is pushing the government to rethink its plans for the State Fair site, with the issue heating up as discussions intensify between local leaders and officials....

65. Struggling families at risk of losing homes on government-granted land

Low-income households that received state-owned land to build their first homes now face the real threat of losing their properties to lenders, according to a damning report by the Audit Office of the Republic of Cyprus....

66. Cyprus improves corruption ranking, but challenges remain

Cyprus has made progress in its fight against corruption, according to Transparency International's 2024 Corruption Perceptions Index (CPI)....

67. Women in Cyprus inch toward equality in science

The number of women working in science across the European Union has been on the rise....

68. Audit office wants big changes to land program for low-income families

The Audit Office has called for a major revision of the Land Allocation Plan for low-income families....

69. EU's renewable energy progress in transport outpaces Cyprus

According to recent data from Eurostat, the EU saw an increase in the share of renewable energy in transport in 2023 compared to 2022, while Cyprus's share remained largely unchanged....

70. Cyprus leads EU in migrant departures

Cyprus is leading the way in the EU when it comes to managing migration, ranking first in the ratio of migrant departures to arrivals for 2024, with a surprising 179%. ...

71. Trump signs order banning transgender women from women's sports

In a controversial move that’s stirring up strong opinions across the country, President Donald Trump signed an executive order on Wednesday to ban transgender women from competing in women’s sports. ...

72. Rate hikes got you down? Bank of Cyprus has €2 Million (with strings attached)

Bank of Cyprus, perhaps feeling a twinge of sympathy for mortgage holders grappling with those pesky European Central Bank interest rate hikes, has unveiled a €2 million rewards program....

73. Eurobank moves for full control of Hellenic Bank in major takeover push

February is shaping up to be a pivotal month for Hellenic Bank, as key financial moves unfold, including a full takeover bid by major shareholder Eurobank, the completion of key acquisitions, and a voluntary exit plan for employees....

74. Cyprus Airways Introduces Direct Flights To Venice

Cyprus Airways announces the launch of a new seasonal route connecting Larnaca to Venice, commencing May 30 and running through September 29, 2025, with enticing fares starting at just €86 one way. ...

75. NASDAQ-listed Freedom24 is making its mark in Cyprus and beyond

When Timur Turlov, the CEO of Freedom Holding Corp., set his sights on Cyprus, he saw more than just a financial hub—he saw opportunity. In a market where fintech companies are staking their claims, ...

76. Superhome Center sold to Greek company for €94 million

The sale of Superhome Center to Vasilitsi DIY for €94 million has been approved by the Board of Directors of Ermes Department Stores Plc....

77. The ''Greenest'' restaurant in Cyprus

This restaurant won the Sustainability in Gastronomy Award as part of the Wiz 50 Best Restaurants 2024....

78. 76-year-old arrested in Cyprus after €150,000 fraud

A 76-year-old man was arrested Thursday in Larnaca after a joint investigation between Cypriot and German authorities uncovered his involvement in an internet fraud and money laundering scheme....

79. Cyprus’ housing is in crisis as foreign buyers take over the market

As housing becomes an increasingly pressing issue for the majority of Cypriots, Parliament is opening up a debate on the surge in real estate purchases by third-country nationals....

80. Aegean launches scholarship program for aspiring aircraft engineers

Training Scholarship program and immediate employment opportunities for future Aircraft Engineers by AEGEAN...

81. EU launches €5 million scholarship fund for Turkish Cypriots

The European Commission's office in Cyprus has announced the launch of the EU Scholarship Programme for the Turkish Cypriot community for the academic year 2025–2026. ...

82. Data center emissions skyrocket 662% beyond what they claim

A analysis by The Guardian reveals that the actual greenhouse gas emissions from Google, Microsoft, Meta, and Apple’s data centers may be 7.6 times higher than what these companies officially report....

83. Lidl strengthens its international commitment to conscious nutrition together with WWF

Lidl is advancing its commitment to conscious nutrition by further aligning its product range with the Planetary Health Diet (PHD)1 by 2050. By 2030, Lidl will increase the proportion of plant-based foods sold, such as plant-based protein sources, whole grains, fruits and vegetables, by 20 percent compared to 2022. As the first retailer to apply WWF’s methodology across all 31 Lidl countries with stores, Lidl brings transparency to its offerings across all food groups, empowering customers to make more environmentally conscious and healthier choices. To address global challenges, like climate change, biodiversity loss and diet-related diseases we need to transform our food system2....

84. Pay as You Throw: Roadmap agreed despite 20 obstacles

A roadmap for implementing the "Pay as You Throw" system by municipalities and communities was agreed upon on Thursday during a meeting hosted by the Ministry of Agriculture, Rural Development, and Environment....

85. Cypriots losing confidence in solar energy amid frequent shutdowns

In recent years, Cyprus has been pushing hard to adopt renewable energy, particularly solar energy, by encouraging homeowners to install photovoltaic (PV) systems. ...

86. Zelenskyy offers Ukrainian firefighters to help battle California wildfires

Ukrainian President Volodymyr Zelenskyy has responded to a remark from Donald Trump Jr. by offering to send Ukrainian firefighters to help battle the devastating wildfires in California....

87. First Cypriot appointed to helm global shipping powerhouse

The appointment of a Cypriot as Secretary General/CEO of the International Chamber of Shipping (ICS) is a major vote of confidence in the Cypriot shipping industry....

88. Traffic violations from 2022 and 2023 may be invalid, lawyer says

If you’ve been caught on camera for a traffic violation in Cyprus and haven’t received an out-of-court notice or seen your case brought to court within 12 months, your offence may no longer be valid....

89. Twelve dead, including two children, after bar fight in Montenegro turns tragic

A gunman in Cetinje, Montenegro, killed 12 people, including two children, following a violent altercation at a bar, according to authorities....

90. Nicosia’s first regional dog shelter set to open in 2025

After years of delays and shifting timelines, Nicosia’s first regional dog shelter is expected to secure licensing and begin operations in the first half of 2025, according to Antonia Theodosiou, Commissioner for Environment and Animal Welfare....