Search

1111. EU launches innovative support center for Green Line trade

The European Commission has announced the establishment of an information and support center, in collaboration with the Cyprus Chamber of Commerce and Industry (CCCI) and the Turkish Cypriot Chamber of Commerce (TCCC), to facilitate legal trade across the Green Line for Cypriot businesses and individuals....

1112. Energizing surprise: Abundance of energy sends prices plummeting in Finland

Finland was dealing with an unusual problem on Wednesday: clean electricity that was so abundant it sent energy prices into the negative....

1113. Cyprus resolute on natural gas plans despite geopolitical reactions

Minister of Energy, George Papanastasiou, affirmed Cyprus' commitment to proceed with its plans for transporting natural gas from the region, both for domestic electricity generation and for liquefied natural gas (LNG) exports, despite geopolitical reactions....

1114. The theatrical hypocrisy of passing the e-kalathi bill

In early March, during the Commerce Committee meeting, the first one attended by the current Minister of Energy, the committee chairman, along with all the members, to be fair, urgently requested the government to submit a bill....

1115. EY: 4th Women Fit for Business Program Successfully Completed

1116. Canada and Saudi Arabia restore diplomatic ties after 6 years

Canada and Saudi Arabia have agreed to restore full diplomatic ties and appoint new ambassadors, both countries said on Wednesday, bringing to a close a 2018 dispute that damaged relations and trade....

1117. TechIsland Presents ''Startup School''

A Groundbreaking Workshop Series for Cyprus Startups, Powered by Zubr Capital. A unique educational opportunity with free entrance...

1118. Real estate: A closer look at prices and rental trends

With the chapter on imposing a reduced VAT rate of 5% on primary residences as a social policy measure finally moving towards resolution, an unresolved issue that has been lingering in the real estate market for years is being addressed....

1119. Netflix cracks down on password sharing

Netflix Inc. on Tuesday expanded its crackdown on password sharing to the United States and more than 100 other countries, alerting users that their accounts cannot be shared for free outside of their households....

1120. Terkenlis confectionery chain shuts down in Cyprus

After operating in Cyprus for four years, the Terkenlis confectionery chain has made the decision to close its doors. Over the past two weeks, the company has ceased operations and deactivated its social media presence....

1121. British-Cypriot forex boss found guilty of fraud

A jury in a London court has found a forex trader of Cypriot origin guilty of fraud....

1122. Tatar pushes for energy cooperation while insisting on 'two states'

TC leader Ersin Tatar recently sent a message to President Nicos Christodoulides, expressing the TC side's support for a solution in Cyprus. Tatar emphasized the importance of cooperation "between the two states living side by side" and reiterated his belief that a two-state solution would enhance prosperity on the island. ...

1123. Gigantic heap of unused clothing seen from space

A giant dump of unused fast fashion clothing in Chile's Atacama Desert is now clearly visible to satellites....

1124. E-kalathi bill presented to Parliament

The discussion on the e-kalathi bill commences today at the Commerce Committee of the House of Representatives. This bill introduces a digital tool designed to display product prices, aiming to support the Consumer Protection Agency's efforts in monitoring the market and better protect consumer interests....

1125. Limassol hosts desalination conference

'Desalination for the Environment, Clean Water and Energy conference and exhibition' begins Tuesday in Limassol with the participation of more than 300 delegates from around the world and 30 exhibitors...

1126. In search of an energy strategy

After President Christodoulides' visit to Israel and his meeting with Netanyahu, two key issues have emerged regarding Nicosia's energy strategy:...

1127. Kyriakides: 'Our goal now, medicines for all'

"I have always envisioned a European Health Union, where the European Union would be intimately connected to every citizen regarding health matters....

1128. May Newsletter of K. Treppides & Co Ltd: CySEC

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....

1129. Nicosia begs to differ with ENI boss on EastMed

The Cypriot government says it does not share views on EastMed gas made by ENI boss Claudio Descalzi, who told Italian lawmakers an eastern Mediterranean gas project cannot go forward without Turkey, with Nicosia begging to differ and pointing to other companies willing to take the risk...

1130. Energean unveils ambitious plans for Israeli gas exploitation

Energean announced on Thursday that by September 2023 it will submit to the Israeli government for approval a comprehensive program for the exploitation of the deposits of the "Olympus Area" of the Israeli Exclusive Economic Zone, so as to begin its implementation in early 2024....

1131. Uber makes waves with boat travel in Mykonos

Can't find a ride to Ornos? Don't worry. The ride-hailed watercraft will carry up to eight people to different stops around the island....

1132. As Greek elections loom, parties vie for votes of ‘lost generation’

Politicians vying for votes in Greece’s election on Sunday have turned to YouTube and TikTok to win over a younger generation who have long felt that years of crises have cost them their youth...

1133. 0% VAT rate, the second round

Almost two weeks after the zeroing of the tax rate on seven products (bread, eggs, milk, baby diapers, baby food, feminine hygiene products, and adult diapers), the Ministry of Finance and the Ministry of Commerce are in discussions regarding the next list of products that will have a low or reduced tax rate....

1134. Cyprus on verge of becoming LNG hub as talks of Israel pipeline intensify

The announcements made by the Prime Minister of Israel, Benjamin Netanyahu, regarding a pipeline that will transport natural gas from Israel's Exclusive Economic Zone (EEZ) to Cyprus for liquefaction (LNG) and export to European markets...

1135. BOC: First quarter of 2023 yields €95 million in profit

Bank of Cyprus has released its financial report for Q1 2023, showcasing robust performance and positive indicators across various key metrics....

1136. May Newsletter of K. Treppides & Co Ltd: CySEC

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....

1137. Powering Europe through Cyprus

Israeli Prime Minister Benjamin Netanyahu announces major energy collaboration with Cyprus to supply Europe with natural gas via new pipeline...

1138. Unions and employers sign new transitional agreement on CoLA

Cyprus’ social partners (trade union and employers) on Friday signed, in the presence of the Minister of Labour and Social Insurance Yiannis Panayiotou, a new transitional agreement on the Cost-Of-Living Adjustment (CoLA) stipulating an increased allowance of 66.7% of last year’s inflation from the previous 50%....

1139. Nicosia revises language on EastMed gas

Cyprus and Israel are in talks over the construction of a pipeline linking their offshore gas fields, Cyprus's energy minister said on Monday...

1140. Turkey faces runoff election with Erdogan leading

Turkey headed for a runoff vote after President Tayyip Erdogan led over his opposition rival Kemal Kilicdaroglu in Sunday's election but fell short of an outright majority to extend his 20-year rule of the NATO-member country...