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1. Wind and solar could power Eastern Mediterranean and Middle East by 2050

The significant potential and great potential of wind and solar energy in the Eastern Mediterranean and Middle East (EMME) region up to 2050 is revealed......

2. Reduced VAT for homebuyers within 12 months

The parliament has passed a law enabling beneficiaries to apply for a reduced 5% VAT rate within a year of acquiring a residence....

3. European elections add twist to Cyprus polls

On June 9, Cyprus goes to the polls in the most complicated elections in its history as the European elections and the local government elections are held in parallel, following the reform passed by the Parliament....

4. Authorities stumped on declared cash

The question of the whereabouts of over 90 million euros in cash allegedly spent by travelers arriving in Cyprus through Larnaca and Paphos airports in the last 15 months remains unanswered by competent state authorities....

5. Where did all the declared cash go?

Director General of the Ministry of Finance, George Panteli, revealed to Parliament's Institutions Committee that between 2021 and March 2024, 1077 cash declarations, totaling 119 million euros, entered Cyprus via Larnaca and Paphos airports....

6. How an ex-pilot turned halloumi tradition upside down

In the heart of Nicosia, Cyprus, Pantelis Panteli, a former airline pilot turned cheese maker, is redefining tradition with his exclusive Halloumi crafted from ewe's milk....

7. Cyprus' dining experience elevated at WiZ 50 Best Awards

For the second consecutive year, WiZ GUIDE, SppMedia Group, and the Bank of Cyprus co-hosted the prestigious ''WiZ 50 BEST Restaurants'' ceremony....

8. Foreclosure fate tied to 'Mortgage-to-Rent' scheme

Cyprus' parliament has given the green light to a groundbreaking law aimed at empowering homeowners and offering relief in the face of mortgage challenges....

9. Trimiklini scandal unveiled: 15-year licensing nightmare shakes state agencies

The Control Committee of the Parliament heard an outcry from the state services, who took almost 15 years to act on a series of illegal activities......

10. A government on fragile ground

In May 2022, Nikos Christodoulides announced his candidacy for the Presidency of the Republic, only to be overshadowed by the revelation of a partially plagiarized speech from Ioannis Kasoulides during the 2008 presidential election....

11. Foreclosure showdown escalates with parliament vote

The Greek government is set to present legislation in Parliament this Friday addressing borrower protection in relation to foreclosures....

12. EY Cyprus redefines corporate reporting landscape at 3rd annual insights event

EY Cyprus organised its 3rd Annual Corporate Reporting Insights event titled ‘Connectivity: Reforming Corporate Reporting.’ ...

13. Decoding the secrets of 'Confidential' oligarch deals

Hours before Cyprus faced criticism in the European Parliament for alleged involvement of Cypriot companies in the movement of funds for Russian oligarchs, officials in Nicosia defended their reputation. ...

14. Financial tsunami looms as Limassol court decision sends shockwaves through Cyprus

In a potentially precedent-setting decision, the Limassol District Court has upheld its initial ruling in favor of a Russian depositor of the People's Bank, potentially exposing the state to financial implications of up to 2-3 billion euros....

15. Freeze on home foreclosures likely to continue

As the year comes to a close, it seems likely that the freeze on foreclosures of primary homes valued up to €350k will be extended....

16. Head of Humanitarian Affairs visits CMP laboratory

Head of Humanitarian Affairs for Missing and Enclaved Persons, Anna Aristotelous, on Monday visited the Anthropological Laboratory of the Committee on Missing Persons (CMP), expressing the wish that the tireless actions of the staff there would soon ease the pain of the families who are demanding to be given the remains of their loved ones....

17. Songbird slaughter continues as gangs profit amid faltering enforcement

A conservation group in Cyprus said Wednesday that police have been lax in cracking down on criminal gangs that illegally trap migratory songbirds to supply restaurants, although the poaching has declined overall....

18. EP's Santos urges progress on Cyprus missing persons

European Parliament's Standing Rapporteur for the missing persons in Cyprus, Isabel Santos, stressed on Thursday during a meeting she had with Turkish Cypriot leader, Ersin Tatar, the need to speed up the process for establishing the fate of missing persons....

19. New law protects consumers against unlawful practices

In a unanimous decision, the plenary session of the Parliament has approved a groundbreaking harmonizing law aimed at empowering consumers to protect their collective interests effectively....

20. E-kalathi bill sparks debate in Parliament

During yesterday's session of the Parliamentary Committee on energy and trade, the debate shed light on a crucial aspect of the E-kalathi bill. It became evident that there are lingering disagreements among stakeholders and the majority of MPs on this issue. ...

21. Cablenet welcomes Pantelis Michaelides as New Key Accounts Sales Manager

Cablenet, a leading telecommunications and broadband services provider, is delighted to announce the recent recruitment of Mr. Pantelis Michaelides in the position of New Key Accounts Sales Manager within the Business-to-Business (B2B) division. ...

22. Gasoline trade in divided Cyprus

The issue of gasoline from the occupied territories is one of the most well-known psychodramas of Cyprus. It is a distortion of the market due to the country's division and the occupation of part of it by another country. ...

23. ZEUS Signature Collection: Introduction and Announcement

24. Cyprus approves €361M supplementary budget for 2023

With criticism against the government's agreement for the purchase of the Metropolitan building, which will house the Ministry of Labor and Social Insurance, the Plenary of the House of Representatives approved the supplementary state budget amounting to €361 million....

25. Tatar claims Greek Cypriots obstructing excavations

Leonidas Pantelides, the Greek Cypriot member in the Committee on Missing Persons (CMP) has described as not accurate claims by the Turkish Cypriot leader Ersin Tatar about obstructing excavations in the village of Aloda....

26. President urges solution as foreclosure laws vote approaches

Cyprus is heading towards suspending first residence property foreclosures up to 350,000 euros until the end of October....

27. MPs move forward with divestment changes

MPs are displaying a resolute determination to press ahead with crucial changes to the divestment framework before the parliamentary summer recess....

28. Government ends tax break, fuel and electricity prices to rise

The Director General of the Ministry of Finance, Michalis Pantelis, has expressed the government's intention to end the measure of reducing excise tax on fuel and electricity....

29. Groundbreaking court to tackle first home foreclosures

The groundwork for the establishment of a specialized jurisdiction court, which will exclusively handle issues related to the foreclosure of primary residences, will be laid on Thursday....

30. Local home buyers feel priced out in divided Cyprus

Cypriots on both sides of the divided island have been noticing real estate prices going up in recent years due to foreign buyers willing shell out more, with reports suggesting the trend is going nowhere but up...