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1. Lidl Cyprus celebrated the opening of its 3rd store in Paphos and 21st store in Cyprus

In a major expansion of its retail network, Lidl Cyprus opened its newest store in the Neon Mall of Pafos on Wednesday 24 July, marking the 3rd Lidl store in a row in the Paphos district and the 21st in Cyprus. ...

2. Kyriacos Kokkinos appointed to European Institute of Innovation & Technology board

Kyriacos Kokkinos, Former Deputy Minister for Research, Innovation and Technology has been appointed by the European Commissioner for Innovation......

3. Large residential fields for sale by AstroBank

4. High electricity costs in Cyprus due to lack of renewables

As high temperatures drive increased energy demand in Cyprus, the island remains heavily reliant on mazut for electricity production....

5. EU reviews impact of Chinese exit from Vasilikos' LNG terminal

The European Commission is assessing the potential impacts on project funding following the withdrawal of a Chinese consortium from the construction of the LNG terminal in Vasilikos, a spokesperson for the European Commission confirmed....

6. Futuristic yacht stuns Mykonos with Sci-Fi design

7. Supreme Court stands firm, guarantors must pay €30K loan debt

In a unanimous decision, the Supreme Court of Cyprus has dismissed the appeal of two individuals contesting a ruling by the Paphos District Court, which held them liable for €30,244.32 plus interest and costs, as guarantors of a business loan granted by Laiki Bank in 2002....

8. Multiple violations on Pervolia beaches

An official from the Office of the Environment Commissioner has uncovered several violations on the beaches of Pervolia, including unauthorized shacks operating as bars, use of electricity, absence of a lifeguard tower, and vehicle movement on the beaches....

9. Turn your land or roof into income and help combat climate change

As the world grapples with the intensifying effects of climate change, marked by record-breaking temperatures from June 2023 onwards, the call to shift towards sustainable practices has never been more urgent....

10. Online travel booking scams skyrocket

Scams involving online booking platforms have exploded over the past 18 months, with fraudsters increasingly targeting tourists, according to a report by Kathimerini.gr....

11. Cyprus economy soars as tech takes the lead while real estate trails

Cyprus' economy is showing impressive growth at the start of 2024, with the biggest gains coming from the tech and services sectors, Kathimerini's Anna Polyviou reports....

12. Market changes, Eurobank's move, and economic struggles

Bank of Cyprus shares were delisted from the Athens Stock Exchange following the 2013 financial crisis and the turbulent merger with Laiki Bank, including the depositor haircut...

13. Former Prime Minister of Estonia, Taavi Rõivas, to speak at #DA24

The organizing committee of the Digital Agenda Cyprus Summit is honored to announce that former Prime Minister of Estonia, Taavi Rõivas, will be a keynote speaker at the Digital Agenda Cyprus Summit 2024....

14. Cyprus grapples with displacement 50 years after Turkish invasion

The violent displacement of tens of thousands of Cypriots following the Turkish invasion in July 1974 remains a festering wound for Cyprus....

15. Early Bird tickets: pre-sale of tickets has started

The organizing committee of #DA24 is pleased to announce that the pre-sale of ''early bird'' tickets at the special price of €70 has begun and will be available until September 9....

16. Petrolina Honored with Three Awards for Outstanding Contributions to Cypriot Society

Petrolina has been distinguished with three prestigious awards at the Cyprus Responsible Business Awards 2023. The company received the Gold Award for the Petrolina Community and Petrolina Kids Community Volunteer Program,...

17. HR Legend Beth Davies at the Digital Agenda Cyprus Summit

With over 25 years of senior leadership experience at innovative global companies such as Tesla, Apple, Microsoft, and Gap, Beth Davies is a distinguished expert in cultivating company culture, creating customer-centric organizations, developing executives, and fostering a culture of innovation....

18. Digital Democracy: Digitisation - Innovation - Participation

The organizing committee of #DA24 has announced that the conference will be held on October 9th at the Nicosia Municipal Theatre. This year’s theme, “Digital Democracy,” will explore digitalization, innovation, and participation....

19. Over 1.65 million visitors mark a 2.4% increase in Cyprus tourism

Tourist arrivals in Cyprus surged past 1.65 million in the first half of 2024, marking a 2.4% increase from the previous year, according to the Statistical Service of Cyprus (CyStat). The influx of visitors in June, the start of the summer season, rose by 5.5% compared to June 2023....

20. Russian tech professionals flock to Cyprus despite sanctions

A recent study by the PACE think tank has underscored the profound transformation of Cyprus' economy amid Western sanctions and the aftermath......

21. Real estate investment opportunities by AstroBank

Apartments, beachfront land, commercial properties and other investment opportunities are available for sale by AstroBank in Paphos, Famagusta, Larnaca and Nicosia....

22. July 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....

23. Brewed to go! The Bean Bar truck brings vibrant coffee vibes on wheels.

Get ready to fuel your day with a splash of excitement as Bean Bar unveils its latest innovation—a mobile coffee bar that's sure to turn heads! The Bean Bar Truck, the 13th addition to the beloved chain, ...

24. Yet another delay in Nicosia perimeter road triggers daily penalties for CyField

CyField, the company responsible for constructing Nicosia's perimeter motorway, is bein genalized €5,500 as of today, July 16. The Transport Minister, Alexis Vafeadis, confirmed this development during an interview with SPOR FM 95.00's ''Diaspora News.''...

25. Elon Musk commits $45M monthly to boost Trump's election bid

Elon Musk intends to contribute $45 million per month to a Super PAC aimed at supporting Donald Trump's electoral campaign, starting from July, as reported by the Wall Street Journal....

26. Lidl’s 21st store in Paphos boosts Cyprus retail battle

Almost 15 years after Lidl Cyprus entered the Cypriot market, the company is set to open its 21st store in Paphos, specifically in Neon Mall....

27. Cyprus faces financial hit as Chinese consortium exits energy project

Following the public admission by Energy Minister George Papaconstantinou, the agreed separation between Cyprus' Natural Gas Infrastructure Company (ETYFA) and the Chinese consortium CPP-METRON Consortium Ltd (CMC Ltd) is imminent, according to a report by Apostolos Tomaras in this Sunday's printed edition of Kathimerini....

28. Donors withhold $90M in election funding unless Biden steps aside

Donors to a major super PAC backing President Joe Biden are withholding around $90 million in pledged funds, urging the president to step aside, sources told the New York Times. ...

29. Cyprus surges in high-speed internet and tech jobs

Cyprus is making notable progress in its digital transformation, with coverage of very high capacity networks (VHCN) reaching 77.1% in 2023, a 28.5% increase from the previous year, according to the Deputy Ministry of Research, Innovation, and Digital Policy....

30. FT: Unilever to cut 1/3 of office jobs in Europe

Unilever, one of the largest distributors of consumer goods such as Dove, and BEn & Jerry's, Lipton, Knorr, etc., has announced plans to eliminate a third of its office-based roles in Europe by the end of 2025, ...