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541. Scam warning: Don’t fall for fake delivery fees from 'Cyprus Post'

The Cyprus Police are urging the public to exercise caution following reports of a new scam involving fraudulent emails related to package deliveries....

542. Record tourist numbers for 2024, slightly surpassing pre-pandemic levels

Tourist arrivals in Cyprus reached 3.27 million between January and September 2024, marking a 4.2% increase compared to the same period in 2023, according to data from the Statistical Service of Cyprus (Cystat)....

543. Cyprus: The new Switzerland and other tall tales

Hope for a solution has been granted a stay of execution—albeit on life support—and almost all political parties welcomed this development....

544. Tornaritis calls MEP Fidias ‘Hitler’ during tense TikTok debate

A TikTok live session hosted by popular Cypriot influencer Nana ignited intense debate last night, featuring newly elected Member of the European Parliament (MEP) Fidias Panayiotou and businessman Christophoros Tornaritis...

545. Google invests in mini nuclear reactors to power the AI revolution

Google is diving into nuclear power to help fuel the future of artificial intelligence. ...

546. ECB to review AKEL’s proposed bank tax amid financial concerns

The European Central Bank (ECB) is set to evaluate a proposed "windfall tax" on banks, commonly associated with the leftist political party AKEL, in Cyprus. ...

547. Cypriot economy shows resilience, growth outpaces EU average

The Governor of the Central Bank of Cyprus, Christodoulos Patsalides, has called on banks to consider the social dimension of their pricing policies......

548. Property sales in Cyprus hit €20.9M in August, Limassol leads with €5.4M home

The 10 most expensive property sales across Cyprus in August totaled €20.9 million, with the highest transaction being a house in Ayios Tychonas, Limassol, sold for €5.4 million, according to data from Ask Wire....

549. Cyprus’ luxury resort tied to Russia’s $230M Magnitsky scandal

Cypriot police are close to completing an investigation into allegations connecting a luxury resort to one of Russia’s biggest financial scandals, the Magnitsky case, according to police officials....

550. Cyprus’ dirty waste secret haunts ex-Minister eyeing EU job

A waste management scandal in Cyprus is casting a shadow over former environment minister Costas Kadis, just as he seeks a prominent position in the European Union....

551. Why Cyprus is not at risk from Iran's ballistic missiles

The recent escalation between Israel and Iran—marked by Tehran’s ballistic missile attack on Israel Tuesday night—and the ongoing conflict in Lebanon have raised concerns for the Republic of Cyprus....

552. President Christodoulides urges stronger oversight with new Auditor General

Andreas Papaconstantinou was officially appointed as Cyprus' new Auditor General on Wednesday, following a ceremony at the Presidential Palace with President Nikos Christodoulides. ...

553. New Chief and Deputy Chief of police sworn in amid calls for action

The confirmation ceremony for the new Chief of Police, Themistos Arnaoutis, and Deputy Chief of Police, Panikos Stavrou, took place today at the Presidential Palace, with President Nikos Christodoulides and other government officials in attendance....

554. Cyprus tourism revenue rises to €474 million in July

Tourism revenue in Cyprus grew by €19.4 million in July 2024, reaching €474.0 million, an increase of 4.3% compared to €454.6 million in July 2023, according to the results of the Passenger Survey carried out by the Statistical Service....

555. US urges tighter oversight of Cypriot service providers to combat financial crime

Cypriot accountants and lawyers are under pressure from U.S. authorities to align with banking standards in combating financial crime. ...

556. Naomi Campbell banned from charity role for misusing funds

Supermodel Naomi Campbell has been banned from serving as a trustee for any charity for five years after an investigation revealed significant financial misconduct within her organization, Fashion For Relief....

557. Freedom24 Reaches 300,000 Customers Milestone

We are thrilled to announce that the number of users on the innovative Freedom24 trading platform has surpassed 300,000. This significant achievement underscores our platform's technological superiority and the growing trust and confidence of our customers....

558. The Rise of Applied Regulatory Compliance: From Theory to Practice

As regulatory expectations continue to soar, it is clear that firms must shift from mere consultation to actionable compliance. ...

559. Cypriots flock to Greece and Europe for October holidays

In a report by Kathimerini's Anna Polyviou, it seems that Cypriots are already planning their next leisure trips for the 1st and 28th of October, with many taking advantage of the extended weekends for short getaways abroad....

560. Andreas Papaconstantinou to become the new Auditor General

Cyprus President Nikos Christodoulides appointed Andreas Papaconstantinou as the Republic's new Auditor General. ...

561. The fall of a man who held the powerful accountable

In the famous film ''Dead Poet's Society'', Welton is an exclusive private boarding school for the American elite, where tradition reigns supreme. The school is conservative and strict, with its main values encapsulated in the motto: ''Tradition, Honor, Discipline, Excellence.''...

562. Supreme Court ruling shakes political landscape in Cyprus

In a report written by Kathimerini's Christos Bouris, the recent decision by the Supreme Court to remove Odysseus Michaelides from his role as Auditor General marks a significant and historic event in Cyprus. ...

563. Electric cars outnumber petrol cars in Norway for the first time

Norway has made history by becoming the first country where electric vehicles (EVs) now outnumber petrol cars. ...

564. Andreas Petsas named new CEO of Eurobank Cyprus

Eurobank Cyprus’ Board of Directors, decided to appoint Mr Andreas Petsas as a Member of the Board of Directors and as the Bank’s Chief Executive Officer (CEO), in a meeting held on 17 September 2024 in Nicosia....

565. Michalis Louis appointed CEO of Hellenic Bank

Michalis Louis has been appointed as the new Chief Executive Officer of Hellenic Bank Public Company Limited at the Annual General Meeting of the Shareholders of the Bank, with immediate effect, according to a decision taken by the Board of Directors of the bank......

566. Cyprus' Supreme Court suspends Auditor General (UPDATE)

UPDATE: The Supreme Constitutional Court unanimously ruled Wednesday to suspend Auditor General Odysseus Michaelides, citing misconduct and incompetence....

567. Meta introduces new ''Teen Accounts'' for Instagram

Meta is rolling out a new ''teen account'' feature for Instagram users under 18, enhancing parental controls over their children's activity on the platform. ...

568. Tourist arrivals hit record high in Cyprus for August

Tourist arrivals in Cyprus reached an all-time high in August 2024, with 554,923 visitors, surpassing the previous record set in August 2019 by 0.20%, according to data released by the Cyprus Statistical Service....

569. Homebuyers face mounting debts as developers' loans go unpaid

570. US financial experts visit Cyprus to tackle money laundering

A delegation of financial experts from the U.S. Department of the Treasury’s Internal Revenue Service Criminal Investigation (IRS-CI) will visit Cyprus from September 15 to September 19, 2024, for high-level discussions on money laundering and financial crime....