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1261. Cyprus civil servants to receive pay raises after 15-year freeze

PASYDY, the public sector union, announced its approval of a new agreement with the Ministry of Finance to grant pay raises to civil servants beginning October 1, 2024. The deal was reached during today's Joint Staff Committee meeting....

1262. Laughable disclosures as Cyprus politicians' financial woes unveiled

Once again, this year’s financial disclosures from our members of parliament are filled with laughable and tragic statements. Marinos Sizopoulos must be having a hard time making ends meet, ...

1263. Cyprus seeks solutions for property buyers 'in limbo' after court ruling

The government is working to help property buyers who are now in a difficult situation after the Court of Appeal ruled the 2015 Real Estate Transfer and Mortgage Law unconstitutional....

1264. Kuwait sends 200 tonnes of aid to Gaza via Cyprus

A delegation from Kuwait’s Al-Salam Association for Humanitarian and Charitable Works is set to send around 200 tonnes of humanitarian aid to Gaza’s civilian population via the Amalthea humanitarian corridor to the port of Ashdod, Israel....

1265. BBF, Proud Sponsor of the Year for Limassol Nautical Club, at Road to Paris 2024 Press Conference

BBF, the Official Sponsor Partner of the Limassol Nautical Club (LNC) for the year 2023-24, proudly attended a Press Conference held at the LNC premises on Friday, 12 July 2024, ...

1266. LOT Polish Airlines expand routes to Cyprus for 2025

LOT Polish Airlines has announced the resumption of flights to Larnaca Airport, marking a significant return after a two-year hiatus. ...

1267. Cyprus military upgrades guard post near buffer zone

Authorities in the breakaway north of ethnically divided Cyprus said Monday they are upgrading a military guard post in a sensitive area near the U.N.-controlled buffer zone....

1268. Biden tests positive for COVID-19, shifts duties to Delaware

President Joe Biden has tested positive for COVID-19 while on a trip to Las Vegas, the White House confirmed Wednesday. ...

1269. Transparency concerns cloud EU vote on Ursula von der Leyen's presidency

The political fate of Ursula von der Leyen hangs in the balance today as 720 Members of the European Parliament convene in Strasbourg at 1 p.m. local time......

1270. Soaring insurance costs push global shipping rates up 233%

Global trade has faced immense pressure since last October when the war in the Near East erupted following the terrorist attack by the Palestinian group Hamas against Israel. ...

1271. Construction of youth housing in occupied Cyprus to begin next month

Within a month, construction will commence on social housing projects for young people in the occupied areas of Morphou and Gerolakkos, according to "Prime Minister" Unal Ustel....

1272. France accused of 'racist discrimination' over Olympic hijab ban

France is under fire for barring its athletes from wearing hijabs at the upcoming Paris Olympics, a move critics call 'racist gender discrimination'....

1273. Cyprus plans solar panels for National Guard by 2027

Cyprus will begin installing solar panels in National Guard camps and other facilities starting in September, aiming for completion by 2027, according to Defense Minister Vassilis Palmas. ...

1274. Fifteen days left to decide on Eurobank's offer

Hellenic Bank shareholders have less than 15 days to decide whether to sell their shares to Eurobank, which has made a takeover offer of 2.56 euros per share. The offer, initiated at the start of the month, has a four-week deadline, shorter than the maximum eight weeks allowed....

1275. Jamie Dimon eyed for treasury secretary by Trump

Former President Donald Trump stated in an interview with Bloomberg that he has no intention of removing Federal Reserve Chair Jerome Powell from his position before Powell's term concludes....

1276. European Parliament elects 14 new vice-presidents in rounds of voting

On Tuesday evening, the European Parliament announced the election of 14 new Vice-Presidents following two rounds of voting by MEPs....

1277. Solar-powered 'smart benches' to monitor air quality in Greece

1278. Russian tech professionals flock to Cyprus despite sanctions

A recent study by the PACE think tank has underscored the profound transformation of Cyprus' economy amid Western sanctions and the aftermath......

1279. Real estate investment opportunities by AstroBank

Apartments, beachfront land, commercial properties and other investment opportunities are available for sale by AstroBank in Paphos, Famagusta, Larnaca and Nicosia....

1280. Senator Menendez convicted on bribery charges

Democratic Senator Bob Menendez of New Jersey has been convicted on multiple counts of bribery following a nine-week trial, a verdict that could potentially send him to prison for years. ...

1281. Cyprus marks 50 years since 1974 invasion

This year marks fifty years since the 1974 coup and Turkish invasion, events that profoundly shaped modern Cyprus. ...

1282. Public works enforces €100,000 fine for Nicosia ring road delay

The Public Works Department has activated a contract clause imposing penalties on Cyfield Construction Ltd. for delays in the completion of the first phase of the Nicosia Ring Road....

1283. President promises better sports support in Cyprus

Cyprus President Nikos Christodoulides acknowledged on Tuesday evening that the state has not done enough for the sports and culture sectors over the years, pledging that decisions will be taken to set up the infrastructure for Cypriot athletes....

1284. Yellow heat warning issued for today

The meteorology department has issued a yellow warning for high temperatures, effective from 1:00 p.m. to 4:00 p.m. today. We're expecting the interior to reach a scorching 41 degrees Celsius....

1285. Skinny Fox bids adieu to Nicosia's dining scene

Skinny Fox, a celebrated dining destination in Nicosia known for its gourmet dishes and warm ambiance, has announced it will permanently close its doors early next month, bidding farewell to its loyal patrons and culinary community....

1286. Are we in a real estate bubble?

The real estate market has been steadily rising since 2015, marking the ninth consecutive year of growth in the sector. However, this broad trend has not been without fluctuations, particularly influenced by the economic disruptions of the pandemic era. Monthly analyses of transaction numbers and volumes from this platform illustrate these ups and downs....

1287. Maronites' land claims challenged in occupied territories

In a recent commentary published by Belgin Demirel in Avrupa, concerns have been raised regarding property rights of Maronites in Northern Cyprus....

1288. Trajkovic and Koulitsenko lead Cyprus as flag bearers at Paris Olympics

The world gears up for Olympic-level excitement as the grand event of global athletics unfolds in Paris, France, from July 26 to August 11....

1289. Polis Chrysochous plans industrial zone, €141M investment

The municipality of Polis Chrysochous is set to undergo a transformative development phase with planned projects totaling €141 million over the coming years, as announced by Mayor Yiotos Papachristofis. ...

1290. July Newsletter of K. Treppides & Co Ltd: Cyprus Securities and Exchange Commission

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....