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421. 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—...

422. The Road to Prosperity

Browsing social media I have recently come across a map showing all the countries with GDP per capita higher than Poland’s back in 1990 and in 2018....

423. E-Kalathi platform set to revolutionize shopping with real-time price comparison

From the 10th of February this year, supermarkets across Cyprus have been participating in a pilot phase of the e-kalathi electronic platform, with plans to roll it out to consumers by March 4. ...

424. Bank of Cyprus cancels plan to sell JCC Payment Systems

The process for the sale of JCC Payment Systems has been halted, bringing an end to the deal between JCC and Euronet that had been under consideration since the summer of 2024....

425. 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. ...

426. Growing interest in medical schools prompts accreditation guidelines

The increasing interest in establishing medical schools in Cyprus has led the Agency for Quality Assurance and Accreditation in Higher Education to outline key requirements for their operation....

427. Cyprus government gives hotels deadline to get licensed or face closure

The government is giving unlicensed hotels and tourist accommodations a two-year window to secure their operating licenses, with specific milestones and actions outlined along the way. ...

428. Sklavenitis reopens first renovated Papantoniou supermarket in Engomi

The Pappantoniou supermarket in Engomi has undergone a complete renovation and will reopen its doors in early March under the new name Sklavenitis....

429. Government announces minimum wage increase for hotel workers

President Nikos Christodoulides highlighted key economic and labor policy decisions today during a Council of Ministers meeting at the Presidential Palace, emphasizing efforts to boost employment and attract Cypriot professionals back home....

430. USS Oscar Austin returns to Cyprus with a strategic stop in Larnaca

The USS Oscar Austin has made a swift return to Cyprus, this time docking at Larnaca Port, just a month after its previous stop in Limassol. The Arleigh Burke-class guided-missile destroyer continues its mission in the region, r...

431. FT: Chinese warships near Sydney spark tension

The Australian navy is closely monitoring a Chinese naval task group sailing 150 nautical miles east of Sydney—the furthest south the Chinese navy has ventured along Australia’s east coast. ...

432. Tatar insists on partition

Turkish Cypriot leader Ersin Tatar has reiterated his firm opposition to a federal solution for Cyprus, insisting that the 2017 Crans-Montana negotiations marked the final attempt at reunification under a bizonal, bicommunal federation....

433. Cyprus court halts sale of mortgaged property

In a landmark ruling, the Nicosia District Court has suspended the sale of mortgaged properties, citing illegalities in mortgage agreements....

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

435. Limassol’s beloved Aris Club temporarily shuttered amid Heroes’ Square revamp

For nearly a century, the Aris Limassol Club has been a staple of the city’s culture—not just as a historic association, but as a beloved tavern serving up some of the best meze in town. ...

436. Car with recalled Takata airbag nearly causes fatal crash

A recalled vehicle equipped with a faulty Takata airbag was involved in a serious accident last week, raising fresh concerns over the ongoing safety risks of these defective airbags....

437. Major coastal erosion along the Kiti to Agios Theodoros shoreline

Environment FEO Cyprus (OPOK) is sounding the alarm over the escalating issue of coastal erosion along the shoreline from Kiti to Agios Theodoros....

438. This is Cyprus...

I wonder in which country, after years of discussions and consultations, legislation on violence in sports venues is drafted, approved, and then—right from the very first moment of its implementation—found to have gaps and weaknesses....

439. Body found in Nicosia, police investigate suspicious death

Nicosia police were alerted early on Tuesday, February 18, after a body was discovered in the capital at a construction site. The call came at around 5:20 a.m., prompting immediate response from authorities....

440. Learner driver caught speeding at 185km/h

An 18-year-old learner driver was caught speeding at 185 kilometers per hour on the Nicosia-Larnaca highway....

441. Arrest of 58 individuals residing illegally in Cyprus

Yesterday, the Police conducted a large-scale operation aimed at identifying third-country nationals residing illegally in Cyprus....

442. Cyprus scores above EU average in Life Satisfaction Survey

A recent Eurostat survey has revealed that life satisfaction in the European Union (EU) averaged 7.3 out of 10 in 2023....

443. 73-year-old woman and daughter lead family-run sex trafficking ring in Athens

In a dramatic operation earlier this week, Greek police, in collaboration with NGOs OUR RESCUE and A21, dismantled a large sex trafficking ring allegedly run by a 73-year-old woman, known only as ''Marina,''...

444. Aid meant for Gaza civilians diverted to Hamas, according to leaked recordings

In a startling turn of events, newly released recordings from early 2024 reveal that humanitarian aid entering Gaza—intended to help civilians—was instead diverted to Hamas leaders. ...

445. Larnaka: New projects, new energy, and a bright outlook for its tourism

Larnaka is on the verge of an exciting transformation. With its beautiful coastline, rich history, and growing modern developments, the city is becoming an increasingly attractive spot for tourists....

446. EY: The biggest risks facing Cyprus and governments worldwide

As we move further into 2025, governments around the world, including Cyprus, are facing a range of challenges....

447. New pediatric oncology clinic to be built in Nicosia

A major step forward for pediatric cancer care in Cyprus was taken on Saturday with the signing of an agreement for the construction of a new Pediatric Oncology Clinic in Nicosia....

448. Trump’s ‘tit-for-tat’ tariffs are trading jabs in the global market

President Donald Trump has unveiled a new strategy to impose tariffs on countries he deems to have unfair trade policies toward the U.S....

449. MAGA: Make Averof Great Again!

Never before has the slogan of DISY ''seismos seismos, Synagermos'' (or roughly translated: ''earthquake, earthquake, DISY'' been more fitting than in the days we're living through now (It does sound better in Greek though don't you agree?). ...

450. UK tightens noose on Putin’s inner circle with new sanctions

Nearly a year after the death of Russian opposition leader Alexei Navalny, the UK has announced a fresh wave of sanctions aimed at individuals with close ties to Vladimir Putin....