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91. 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—...

92. 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. ...

93. 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....

94. 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....

95. Cyprus and Egypt join forces on major energy projects

The Christodoulides administration places great strategic importance—both in terms of energy and geopolitics—on the President’s visit to Egypt....

96. 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....

97. 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....

98. Are rules only for some? Illegal Latchi hotel expansion set to be approved

A controversial tourist development in Latchi has raised serious concerns over government transparency and adherence to the rule of law, as the construction of a four-star resort faces allegations of long-standing illegalities. ...

99. Is Palodeia the future of higher education in Cyprus?

The University of Limassol (UoL), formerly known as CIIM, is set to relocate from central Limassol to Palodeia, as part of a large-scale, mixed-use development led by real estate firm bbf. ...

100. Serious allegations regarding fuel prices and black market of photovoltaic systems

Marios Drousiotis highlighted an official admission from the Ministry of Energy, Commerce, and Industry confirming consumers' long-standing complaints about human error affecting fuel price monitoring, resulting in inflated prices....

101. €122M boost for Famagusta: 30 new projects announced

In a bold move to boost the development of the Famagusta district, President of the Republic of Cyprus, Nikos Christodoulides, announced 30 new projects with a total budget of €122 million ...

102. Parallel projects on Tseriou Ave cause confusion amid €33M overhaul

The redevelopment of Tseriou Avenue consists of two parallel projects, creating confusion in the area and significant inconvenience for shopkeepers and residents....

103. Wizz Air celebrates 9 million passenger milestone in Cyprus

Wizz Air, EMEA’s most environmentally sustainable airline , proudly announces a major milestone in Cyprus, surpassing 9 million passengers transported to and from Larnaca International Airport since launching operations in the country. ...

104. Cyprus Environmental Dept backs Latchi development despite irregularities

A controversial tourist development in Latchi, Paphos, is facing increasing scrutiny as both the Paphos Provincial Municipality and the Environment Department become involved in a growing legal and environmental dispute. ...

105. USAID shutdown leaves Cyprus-based employees in uncertainty

The Trump administration’s abrupt decision to shut down the U.S. Agency for International Development (USAID) has left many of its global employees, including those stationed in Cyprus, in limbo....

106. Christodoulides to visit US in April to boost Cyprus investments

President Nicos Christodoulides’ upcoming official visit to the United States in April is focused on strengthening Cyprus’ ties with the US and attracting investments, part of a broader government strategy. ...

107. Modernist landmark in Nicosia faces demolition

The demolition of yet another modernist landmark in Cyprus has reignited concerns over the preservation of the island’s architectural heritage. ...

108. Chemical castration proposed for child rapists in new law

A proposed law currently under development aims to protect children from rapists and address lenient sentencing by introducing chemical castration for convicted individuals as a condition for release from prison....

109. DiCarlo’s visit to Cyprus paves the way for Geneva Conference on Cyprus issue

The two-day visit of UN Assistant Secretary-General for Political and Peacekeeping Affairs, Rosemary DiCarlo, marked a significant step in the UN’s efforts to organize an international conference on the Cyprus issue, set to take place in Geneva, Switzerland, ...

110. DiCarlo meets Christodoulides, pushes forward on Cyprus talks

UN Under-Secretary-General for Political and Peacekeeping Affairs, Rosemary DiCarlo, has wrapped up her visit to Cyprus and is continuing her regional contacts, with stops in Athens today and Ankara on Thursday....

111. Say cheese, not conflict: Ministry pushes for Halloumi consensus

The Ministry of Agriculture has emphasized that issues surrounding PDO Halloumi can be resolved through dialogue and transparency....

112. Groundbreaking cancer study by Cyprus Institute of Neurology and Genetics

Researchers from CING have published a new study in Cancers, offering significant insights for the accurate staging and early detection of multiple myeloma....

113. No relief in sight as electricity prices to remain high until 2027

Electricity prices in Cyprus are expected to remain elevated for the next two years, according to the chairman of the EAC....

114. Call for integrated support system for gifted children

Despo Michaelidou, the Commissioner for the Protection of Children's Rights in Cyprus, has stressed the urgent need for a comprehensive and integrated approach to supporting gifted children....

115. Takata airbag crisis and Cyprus's failure to act

The case with the problematic car airbags and the authorities rushing in to try to withdraw vehicles with defective Takata airbags from circulation reveals the enormous responsibilities of those who handled the issue politically and technocratically over the last thirteen years....

116. EuroBasket ''...a unique opportunity for our youth,'' says Christodoulides

Cyprus will host fifteen EuroBasket 2025 matches in Limassol on August 28, 30, and 31, and September 2 and 4, 2025....

117. A new home for Jewish education coming to Cyprus

A new Jewish school is planned for Limassol, Cyprus, slated to open in 2027....

118. Bank of Cyprus Man of the Year Awards – 23rd Edition

On Wednesday, February 26, 2025, The Royal Hall in Nicosia will host the prestigious Bank of Cyprus Man of the Year Awards—an evening dedicated to honoring exceptional individuals who lead by example....

119. Consulco's newest investment opportunity, Compartment C

Consulco, a leading specialist investment manager with a distinguished 30-year history, proudly announces the launch of Compartment C of the LC London Credit AIF V.C.I.C. Public Ltd (“the London Credit Fund”). ...

120. High-rise towers to replace historic KEAN factory in Limassol