Search

1. Government and Larnaca reach agreement on port and marina development

An agreement has been reached between the government and Larnaca stakeholders regarding the future development of the city’s port and marina,...

2. Young vandals cause damage at Larnaca schools

Larnaca schools are facing an ongoing challenge with vandalism, following a series of incidents on Friday, December 13, that left schools in the city damaged....

3. New rules could see AVAX take over Paphos–Polis road project

The government is stepping up efforts to strengthen the framework for public works contracts following the unfortunate cancellation of the Paphos–Polis Chrysochous road project....

4. Fired Paphos-Polis road contractor wants €35 million payout

The Cyprus government has formally terminated its contract with Intrakat, a Greek construction company, for the long-awaited Paphos-Polis Chrysochous motorway, citing severe delays and excessive demands from the contractor....

5. France offers deals to win Cyprus defense contracts

According to Apostolos Tomaras in this Sunday's Kathimerini, France is working to maintain a strong foothold in Cyprus' National Guard as the Republic of Cyprus upgrades its military arsenal....

6. Legal challenges mount over Vasilikos Terminal abandonment

Cyprus is preparing for significant changes in its energy sector following the formal termination of the contract between the Natural Gas Infrastructure......

7. Ministry probes public works tenders from 10 years ago

A report by Apostolos Tomaras in this Sunday's Kathimerini delves into how Cyprus is grappling with significant issues in its public construction projects, like the renovation of Larnaca's port, which have faced major delays and complications....

8. Uncovering transparency issues in public contracts

The uproar surrounding a revitalizing project on the outskirts of Nicosia, the capital, is just a drop in the bucket compared to the broader issues plaguing certain contracting firms and the administration overseeing public contracts....

9. Hellenic set to acquire CNP in multimillion-Euro deal

Everything appears to be proceeding smoothly, and it seems that CNP Cyprus will soon be under the ownership of Hellenic Bank....

10. Politico: Greek companies under scrutiny in EU fund fraud probe

Greek authorities, alongside the European Public Prosecutor’s Office (EPPO), are delving into allegations of fraud concerning the allocation of €2.5 billion in EU funds to just 10 companies in Greece. ...

11. Cyprus paves the way in its ambitious road infrastructure agenda

In an exclusive interview with Maria Eracleous of ''K,'' Eleftherios Eleftheriou, Director of Cyprus's Public Works Department, provided updates on critical infrastructure projects across the island nation....

12. Easylyzi to buy Kotsovolos

The company Easylyzi is considering the acquisition of Kotsovolos. Easylyzi offers a comprehensive PaaS platform connecting businesses and consumers to a wide range of products on a subscription basis....

13. Government procures 32 electric vehicles to reduce emissions

The Ministry of Transport, Communications, and Works has announced that, for the purpose of promoting clean road transport vehicles and reducing greenhouse gas emissions and other pollutants in the atmosphere, it has received and delivered 32 electric vehicles to Departments and Services of the Public Sector to meet their needs....

14. E-kalathi: Your digital tool for smart shopping

Based on the timeline, the implementation of e-kalathi, the new digital platform for monitoring retail product prices, is expected to take place around early 2024....

15. Digital app to compare product prices in the works

Following the withdrawal of the Household Basket proposal in Cyprus, the Consumer Protection Service is now promoting the preparation of a bill for the implementation of a digital tool that will enable the daily comparison of retail prices of products....

16. Cyprus’ new Call Center fails to launch

The new citizen hotline that was scheduled to go live on Wednesday failed to impress officials during a final test, after staff failed to expedite calls in a satisfactory manner...

17. Cyprus aims for higher targets in green energy

In 2022, renewable energy sources now make up a larger percentage of total energy consumption. ...

18. Would you pay $40,000 for a 2007 iPhone? Someone did.

When the first-generation iPhone was released in 2007, it cost $599. However, after 15 years, someone paid nearly $40,000 for the same phone....

19. Russia deploys trained dolphins at Black Sea naval base, according to satellite images

Russia has deployed trained military dolphins at its naval base in the Black Sea – possibly to protect its fleet from an underwater attack – according to a new analysis of satellite images....

20. Mayor says Cypriots let down in spy van case

Paphos Mayor Phedonas Phedonos says the Cypriot state let citizens down in the spy van case, suggesting it was settled with a fine and not a court trial to keep things hushed up...

21. 5G bidding process wraps up, first licences in January 2021

The bidding process of the 5G frequencies auction wrapped up smoothly on Thursday, with the first licences expected to be distributed in January 2021, a press release by the Deputy Ministry of Research, Innovation and Digital Policy, said....

22. Government ups rhetoric against auditor

The Cypriot government hinted over the weekend it might refer the auditor general to the Supreme Court over “indecent” behaviour, after the audit office published yet another damning report alleging offences in a Cabinet decision to grant investor passports to individuals linked to a casino project without meeting the criteria...

23. Attorney general weighs in on casino probe

The identity of foreign companies suspected of embezzlement of EU funds pumped into a casino project in Cyprus remains unknown, with the island’s legal department clarifying there is no evidence of local companies being involved in illegal activity...

24. President flies back amid criticism

The president of the Republic of Cyprus flew back to Larnaca on Monday following a private plane incident in New York, while political opponents are seeking clarification over his travel arrangements...

25. North to get security cameras next year

A Turkish company is set to deliver hundreds of security cameras in the north next year, while a tender process for speed cameras in the south is concluding Friday with the aim of installing the first batch in late 2020...

26. Brussels piles on pressure over Greece-Cyprus-Israel electricity cable

Just when the Greek Energy Minister thought he could take a short August break, after a hectic first 30 days of the Mitsotakis administration, a stern warning from Brussels has exposed the wavering attitude that Athens has chosen by succumbing to pressure from the Chinese-controlled transmission system operator ADMIE over the Attica-Crete subsea electricity cable...

27. Nicosia bypass closer to the start line

The long-awaited Nicosia bypass on the perimeter of the capital is a step closer to the start line, with reports saying a tender could be announced as early as next week...

28. Prudence and moderation

29. Traffic camera citations by registered mail

Drivers who commit traffic offences and are caught on camera will receive the bill in the mail, if a current proposal for a new network to be rolled out next year goes forward...

30. Hellenic Bank in a time crunch to bid on Co-op

The deadline in the privatisation process for the Cyprus Cooperative Bank (CCB) has been postponed until mid-May, setting in motion the executive board at the Hellenic Bank to intensify discussions on making a bid. ...