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481. Funds are investing in Cypriot banks

Investing in Cypriot banks is becoming more common. The progress they have made in terms of the non-performing loan burden they have shed, their capital adequacy, which is characterized as good,...

482. WhatsApp given green light to sue Pegasus spyware company

The US Supreme Court on Monday let Meta Platforms Inc’s WhatsApp pursue a lawsuit accusing Israel’s NSO Group of exploiting a bug in the WhatsApp messaging app to install spy software allowing the surveillance of 1,400 people, including journalists, human rights activists and dissidents....

483. Supermarkets bet on their own private labeled products

Consumers are turning to private label and exclusive import products to combat inflationary pressures on consumer goods in supermarkets....

484. Looking ahead to 2023: House prices in Cyprus

The end of 2021 saw Europe’s and Cyprus’ economies gradually recovering from the two-year rollercoaster ride of lockdowns, the stock market at record highs, and inflation increasing....

485. The plan to bring in more German tourists

In a trip organized by the FTI Group and Meeting Point, German travel agents recently visited the island and discovered increased demand for Cyprus....

486. Dubai abolishes alcohol tax

According to the BBC, Dubai is eliminating the 30% alcohol tax and will no longer require personal alcohol licences, which are required for anyone wishing to consume alcohol....

487. Lebanese drinks giant Kassatly building plant in Ypsonas

Lebanese drinks giant Kassatly Group Holding has started work on a new plant in Cyprus under “Boutique Beverage Bottling Int’l Ltd” as part of ambitious plans to move the brand from a regional powerhouse to a global player....

488. Germany passes law allowing foreigners to easily gain residency

Germany’s Federal Parliament, Bundestag, has approved the amendments to the law on the right of residence and asylum for third-country citizens who are already in the country, with a majority of 371 votes....

489. Zelensky heads to Washington

Ukraine's President Volodymyr Zelensky says he is on his way to Washington, where he will meet US President Joe Biden on Wednesday....

490. The fierce battle for second place

491. Eva Kaili: From city council to city prison

492. Finance Ministry: 'Cyprus economy will not enter a recession'

There will be a significant slowdown in economic activity next year, we will be affected by increased energy prices and borrowing costs, but "inflation in Cyprus is being reined in at lower levels" compared to other European member states, ...

493. Grant Johnson: City of Dreams Mediterranean will be the game changer for Cyprus’ hospitality industry

The multi-themed City of Dreams Mediterranean resort in Limassol, which will include a luxury hotel, casino, entertainment and sports facilities, adventure park, shops and restaurants, among others, will begin operations in the second quarter of 2023. Grant Johnson, the General Manager of COD analyzes what exactly the City of Dreams Mediterranean will be, what it will offer to the tourism product of Cyprus, how it will strengthen the country's economy and its position as a popular tourist destination and at the same time he analyzes how this project will have significant benefits for the local community and its people. ...

494. Erdogan's chief political rival jailed for insulting public officials

A court in Turkey has sentenced the mayor of Istanbul to more than two-and-a-half years in prison for insulting public officials in a speech....

495. Turkish FM raises havoc over ‘demilitarization’ of Greek islands

The matter of the eastern Aegean islands is a “national issue,” Turkish Foreign Minister Mevlut Cavusoglu told the Grand National Assembly on Tuesday, appealing for consensus over Ankara’s claims that Greece is violating their demilitarized status....

496. More than €1.5 million in cash seized from Kaili - Panzeri

More than €1.5 million in cash was seized from the homes of Eva Kaili and former MEP Pierre Antonio Panzeri in Brussels, according to Belgian police....

497. November's real estate performance

The year is almost over, and we now have a good idea of how the real estate market performed in 2022. As we all know, the difficulties were and continue to be numerous....

498. Consulco launches its direct real estate investment services

Consulco, the London investment specialist has launched its direct real estate investment services assisting overseas investors to acquire and manage residential properties in central London. ...

499. O. Michaelidis: 'Corruption is tolerated in our society'

In his opening remarks at a celebration for World Anti-Corruption Day with students from Nicosia universities, Auditor General of the Republic Odysseas Michaelidis emphasized the significance of education, ...

500. Britney Griner swapped for Russian arms dealer

WNBA star Brittney Griner has been released from Russian detention in a prisoner swap for convicted Russian arms dealer Viktor Bout, according to a source familiar with the matter....

501. When the ink dries, this will be the new archaeological museum

502. 'DREAM ON DREAMER' for 4 days only in Nicosia

After a successful show in Limassol, the exhibition DREAM ON DREAMER opens in Nicosia only for four days, from 8 until 11 December at A+ Multipurpose Event Space, 266 Ermou Street....

503. Black Friday: See how the annual shopping event is shaping up (photos)

On Thursday afternoon, sales began to increase significantly, particularly in shopping centers that benefited from favorable weather conditions, however, as of Friday morning, traffic appears to be somewhat subdued, at least in comparison to the corresponding images from 2019....

504. Supreme Court in Cyprus overturns rape convictions

Two young males who were convicted on rape charges after having sex with a drunk high school student in a hotel room were acquitted last week when the Supreme Court found the girl’s testimony was weak and the defendants did not receive a fair trial...

505. Raising the Black Friday bar

This year's Black Friday is expected to be much stronger and more appealing to consumers than last year's Black Friday. Following the tepid and disappointing performance of 2021, market participants believe this is the case. ...

506. Shocking! No resolution on the Cyprus issue

Was it unfair that Miroslav Jenca, the UN Assistant Secretary-General for Europe, Central Asia, and the Americas, met with President Anastasiades and TC leader Ersin Tatar?...

507. AG files appeal against acquittal in first 'golden passport' trial

The Attorney General of the Republic filed an appeal on Friday against the acquittal decision of the Larnaca Permanent Criminal Court, issued on November 4, 2022, in connection with a case involving the exceptional naturalization of foreign investors and businessmen....

508. President defers foreclosure mess to attorney general

Cypriot President Nicos Anastasiades has refused to veto legislation that suspends foreclosures yet again until February 2023, essentially calling on the attorney general to examine the constitutionality of the bill as the issue on the presidential election campaign trail continues to heat up...

509. Former Cyprus footballer from Sierra Leone being deported after 20 years

The story of Mohamed Kamara was brought to light by the publication of the newspaper "Haravgi." The 41-year-old African former footballer (Nea Salamina, Doxa, Olympiacos Nicosia) has lived in our country for 20 years and raised three children (14, 11 and 5 years old)....

510. Initial PEGA report - Cyprus is an appealing destination for spy goods