Search

301. President promises continued efforts for Cyprus peace as UAE summit approaches

Cyprus President Nikos Christodoulides will meet with UAE President Sheikh Mohammed bin Zayed Al Nahyan in Abu Dhabi on Wednesday to discuss the Cyprus issue......

302. Christodoulides welcomes five new Ambassadors

President Nikos Christodoulides formally received the credentials of five newly appointed ambassadors to the Republic of Cyprus during a ceremony at the Presidential Palace on Monday. ...

303. Christodoulides visits UAE for talks on Cyprus' economy

The Cyprus issue, the situation in the Eastern Mediterranean and bilateral relations will be among the topics that President of the Republic Nikos Christodoulides will discuss with the President of the United Arab Emirates, in Abu Dhabi....

304. Cyprus-Greece electricity project meeting set for Tuesday

A meeting scheduled for next Tuesday on the Cyprus-Greece electricity interconnection project is considered crucial by all parties involved, government spokesman Konstantinos Letymbiotis said Friday....

305. Cyprus faces surge in online scams

Online scams are becoming a serious issue in Cyprus, with recent data revealing a sharp increase in fraudulent activities. In the past 25 days, authorities have reported eight significant fraud cases, totaling over half a million euros in losses....

306. Christodoulides backs Eurobank's big move into India

President Nikos Christodoulides has shown strong support for Eurobank’s plan to expand into India, seeing it as a significant chance to boost business ties between Cyprus and one of the world's largest economies....

307. AEGEAN announces a €25M Investment in Volotea

Aegean Airlines S.A. (''AEGEAN'') is pleased to announce an investment of €25M in Volotea S.L., one of Europe’s leading low-cost carriers based in Barcelona, Spain....

308. Real Estate investment opportunities by AstroBank

AstroBank is selling a commercial building in Strovolos and other commercial, residential and agricultural properties that are ideal investment opportunities in Nicosia, Limassol, Larnaca and Famagusta....

309. Marios Demetriades: ''Truth and justice always prevail''

A lawsuit related to naturalizations under the Cyprus Investment Programme was filed on Friday at the Nicosia District Court, with former Minister of Transport, Communications, and Works, Marios Demetriades, among the defendants....

310. Cyprus-Crete energy link faces collapse amid political turmoil

The Cyprus-Crete electricity interconnection project, a critical initiative to integrate Cyprus into the European energy grid, is mired in political and economic controversy, threatening its future. ...

311. ''Workers at Larnaca Marina were paid despite lack of work,'' says Vafeades

The €1.2 billion investment agreement with Kition for the Larnaca port and marina project is under renewed scrutiny due to the dispute involving 15 workers recently laid off. ...

312. Cyprus banks to engage with top investors in London

The investment community is turning its focus to a major conference in London, set for late September, where several Cypriot banks will be represented....

313. Real estate investment opportunities by AstroBank

AstroBank is selling an unfinished commercial building in Strovolos and other commercial, residential and agricultural properties that are ideal investment opportunities in Nicosia, Famagusta, and Paphos....

314. World’s largest solar farm approved: Australia to export energy to Singapore

Australia has approved a $13.5 billion (A$20 billion) solar project that aims to transmit energy from a massive solar farm in the country's Northern Territory to Singapore via a 4,300-kilometer (2,672-mile) undersea cable. ...

315. Christodoulides criticized for inconsistent policy on Turkey’s EU role

On February 2-3, 2024, the Belgian presidency of the Council of the European Union hosted an informal meeting of Foreign Ministers, known as the Gymnich, in Brussels....

316. Wealthy flee high-tax nations for new havens like Cyprus

A significant wave of wealthy individuals is migrating from high-tax countries, a trend expected to peak this year. ...

317. Paphos man loses €200,000 in online fraud scheme

Police are investigating a new online fraud case involving a large sum of money after a 67-year-old man reported being swindled out of €200,000. The complaint was filed today at the Paphos Police Station, according to Cyprus Police....

318. Limassol resident loses €30,000 in cryptocurrency scam

A 54-year-old resident of Limassol reported to the police yesterday that he was scammed out of €30,000 by an online scammer posing as a cryptocurrency investment advisor....

319. Chevron pushing for more concesions on Aphrodite gas field

In an article published in yesterday's Kathimerini, Yiannis Ioannou writes that Cyprus is grappling with significant challenges over the development of its Aphrodite gas field, a situation that's becoming more complicated by the day. This issue is in the spotlight due to a series of events and the broader regional instability affecting energy projects....

320. Cyprus' online legal system still facing problems after fixes

The gradual relocation of state data center servers to fully compliant and secure facilities will begin before the end of the year, according to Deputy Minister of Innovation......

321. Cyprus’ green energy struggles as market changes loom

Cyprus is gearing up for a major shake-up in its electricity market by 2025, but concerns are growing over how this will impact investments in renewable energy....

322. Norway powers up with the world’s first wireless charging road for EVs (vid)

Get ready to buckle up and plug into the future! Norway has just unveiled its latest electrifying innovation—a wireless charging road for electric vehicles (EVs) in the vibrant city of Trondheim....

323. Limassol man duped out of €30,000 in cryptocurrency scam

324. Dubai Airport breaks record with 44.9M passengers in 2024

Dubai International Airport has broken a passenger record for the first half of the year, handling 44.9 million travelers from January to June, an 8% increase from the 41.6 million recorded during the same period in 2023....

325. Epic Double: Ookla and umlaut rank Epic once again at the top of telecommunications in Cyprus, for its Fixed Internet and Mobile Networks respectively

Epic continues to stand at the top of telecommunications in Cyprus, with two new international awards that are the culmination of its continuous investments in the development of a state-of-the-art, ultra-fast and reliable mobile and fixed internet network, offering an epic communication experience with innovative solutions, continuous evolution, and dedication to excellence....

326. Eurobank completes takeover of Hellenic Bank

Eurobank S.A., a subsidiary of Eurobank Ergasias Services and Holdings S.A., has successfully completed its mandatory takeover bid for Hellenic Bank Public Company Limited. ...

327. Cyprus boosts R&D Funding by nearly 20%, spending €138M in 2023

Cyprus significantly boosted its investment in research and development (R&D) in 2023, with government budget allocations rising by 19.8% compared to the previous year, according to new data from Eurostat. This increase is notably higher than the average 5.3% rise observed across the European Union during the same period....

328. Central Bank revises GDP growth to 3%

The Central Bank of Cyprus (CBC) made a conservative upward revision to the GDP growth rate for 2024, by 0.2 percentage points, to 3%......

329. Eurobank Cyprus reports €105.7M net profit for H1 2024

Eurobank Cyprus reported a net profit of €105.7 million for the first half of 2024, marking a 16% increase, or €14.9 million, compared to the same period in 2023....

330. Cyprus government rakes in over €424M in surpluses this year

Cyprus has reported a substantial budget surplus of €424.5 million for the first half of 2024, a huge increase from the €62 million surplus during the same period last year. ...