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151. How government's new measures will cut power bills

The President of the Republic, Nicos Christodoulides, announced a total of 11 measures with a direct impact, totaling €141 million, along with six Housing Policy measures amounting to €55 million on Thursday (19/10)....

152. New measures unveiled for energy and housing

In a decisive move to support Cyprus' households and businesses, the Council of Ministers, under the leadership of President Nikos Christodoulides, unveiled a comprehensive package of immediate and medium-term measures today....

153. Piki shares the government's tech-powered 6-year plan

The government is ramping up the execution of a series of projects, bolstering resources and expertise in collaboration with the Deputy Ministry of Research, Innovation, and Digital Policy, according to Irene Piki, Deputy Minister to the president....

154. Digital Agenda Cyprus Summit explores how government and tech team up

During today's Digital Agenda Cyprus Summit, Irene Piki, the Deputy Minister to the President, provided valuable insights into the intricate relationship between government strategic priorities and the transformative power of technology....

155. Rising rent costs challenge Cyprus middle-class budgets

A disconcerting trend is unfolding in Cyprus, where not only are the prices of essential goods on the rise, but rents are also skyrocketing, sparking extensive debates and concerns throughout society according to a report on Philenews....

156. Real estate market remains unpredictable despite economic chaos

Everything around us exudes a sense of precision. Costs are on the rise, from the basic materials used in production to the final products we consume. ...

157. Exciting AI innovations await at Digital Agenda Summit 2023

Get ready for a thrilling day of technological exploration and innovation at the upcoming Digital Agenda Summit 2023. This annual event promises to be even more captivating this year, with a lineup of remarkable speakers, discussions, and an exciting new feature...

158. Bedbug infestation sparks unusual scene in the City of Lights

A video has surfaced showing multiple mattresses piled up and littering a street in Paris, France, amid a current bedbug infestation....

159. Israeli Military unearths 1,500 Hamas militant bodies

Israel’s military said about 1,500 bodies of Hamas militants were found in Israeli territory as, as it said it had largely gained control in the country’s south and “restored full control” over the border on the fourth day of fighting following an unprecedented surprise attack....

160. Sales surge by 14.2% despite 2022 comparison

In September, traditionally considered the start of the year for many, several significant trends are emerging....

161. Gaza cut off from food, water and electricity as Hamas rockets persist

In a grim turn of events, Israel is grappling with the gravest attack it has encountered in half a century. Ongoing combat in the Gaza Strip has unfolded as Israel responds to an unexpected offensive launched by the militant group, Hamas, during the early hours of Saturday....

162. 4-day 3D-printed homes with eco friendly materials

A recyclable 3D-printed home made from natural materials has been revealed to the public, and this may only be the beginning....

163. Targeted fuel and heating reductions in government's considerations

The Cyprus Electricity Authority has announced a 3% increase in electricity prices for upcoming bills. ...

164. Real estate investment opportunities by AstroBank

AstroBank is selling properties in several districts to suit all prospective buyers’ needs, whether for personal use or as an investment. The Bank's portfolio includes houses and apartments, office space, land, and commercial buildings. ...

165. House prices hold ground with annual gains

House prices were up on an annual basis in the second quarter of this year but remained more or less stable on a quarterly basis, a preliminary estimate released by the Cyprus Statistical Service on Tuesday shows....

166. E-kalathi takes on soaring fuel and food prices

The ongoing debate within the House Commerce Committee regarding the Retail Price Recording and Monitoring Bill has become both tiresome and contentious....

167. Animal welfare and permit disputes fuel tensions as bears remain in limbo

Menelaos Menelaus, commonly known as "Melios," has spoken out about the presence of two bears discovered on his premises, which used to operate as a zoo....

168. Christodoulides takes on migration, housing, and traffic head-on

Migration, housing and traffic are the subjects the President of the Republic, Nikos Christodoulides focuses on, aiming for immediate and effective resolution, he said, speaking at the regular meeting of the Board of Directors of Cyprus Employers and Industrialists Federation (OEB) in Limassol on Wednesday afternoon....

169. Loans gain €8.5 million momentum

Total loans in August recorded a net increase of €8.5 million, following a significant decrease of €100 million the previous month. Meanwhile, for a second consecutive month, deposits saw a net decrease, amounting to €175.5 million....

170. Foreign buyers flock to Cyprus real estate

Recent data on property sales in Cyprus reveal distinct trends in different provinces. Notably, the real estate landscape in Nicosia contrasts sharply with that of coastal provinces....

171. Supreme court rejects President's referendum on Turkish Cypriot properties

In a significant ruling, the Supreme Constitutional Court, in its new composition, rejected the President's third referendum on the amendment law passed by the Parliament concerning Turkish Cypriot properties and the powers of the 'Guardian.'...

172. Apartments rule, but prices vary by province

According to Mr. Loizou of Ask Wire, the majority of Cyprus' population resides in apartments. Therefore, it comes as no surprise that among young buyers, typically around 30 years old, the most sought-after housing option is an apartment, particularly a two-bedroom one, whether for purchase or rent. However, the question arises: How do housing prices vary across different provinces?...

173. TechIsland Summit 2023: Cyprus on the fast track of becoming a tech island

TechIsland held its annual TechIsland Summit within the framework of the Reflect Festival on 20 September 2023....

174. Borrowers in a high-stakes game of loan roulette

In 2023, borrowers face a pivotal year, primarily due to the soaring levels of inflation, rising prices, and increasing interest rates. This year also carries significant importance for banks, not in terms of profits, ...

175. LEGO-bricks for real buildings in Florida

A Florida construction firm is seeing fast adoption of its intuitively-made building blocks that work like real-life LEGO bricks....

176. AKEL blasts government amid rising bank profits

The political party AKEL has voiced its discontent with the government's handling of economic issues, particularly in light of the recent decision to raise interest rates for the tenth time....

177. Education committee discovers the marvelous world of public transit

178. Cyprus real estate market hits €132 million high

August passed by as usual with most people on vacation, including the real estate market. Let's take a look at how the month fared for coastal cities, with no surprises for Nicosia, which was also in vacation mode. Notably, Larnaca had an outstanding performance, surpassing Nicosia for the first time....

179. Police block access to troubled Ayios Nikolaos complex

Ayios Nikolaos apartment complex in Chlorakas has been officially sealed off, marking a significant turn of events for the site that formerly served as housing for migrants....

180. bbf: The second phase of repair and renovation work continues at the Berengaria Hotel in Prodromos

The anticipated development of Cyprus’ most historic mountain resort, once called the ''Jewel of Prodromos,'' the Berengaria Hotel, is now in the second phase of emergency repair and renovation work by the well-known residential and commercial developer, bbf: which undertook the mission of the ambitious project to restore the legendary Berengaria Hotel....