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271. WhatsApp subject to strictest EU platform rules

WhatsApp is now among the online platforms required to comply with the European Union’s most stringent transparency regulations....

272. Cyprus' energy gamble: Big promises, bigger delays, but a game-changer may be coming

Last week in Cairo, authorities from the Republic of Cyprus signed a non-binding host country agreement for the development of the Kronos gas field in Block 6 of Cyprus' Exclusive Economic Zone (EEZ). ...

273. Deadly fire sparks urgent calls for electrical safety overhaul

A tragic fire in Limassol that claimed five lives has reignited concerns over electrical safety regulations in Cyprus. Experts are pointing to serious lapses in oversight, faulty installations, and a lack of routine inspections as key factors behind preventable fires....

274. Cyprus strikes energy deals, but ‘Aphrodite’ gas delayed until 2031

Last Friday marked the conclusion of long-running negotiations between the Republic of Cyprus and the consortium developing the Aphrodite gas field, led by U.S. energy giant Chevron. ...

275. 2024 global VC investment rises to $368B as investor interest in AI soars

Global VC investment rose from $349.4 billion across 43,320 deals in 2023 to $368.3 billion across 35,684 deals in 2024 despite a multitude of challenges, including global conflicts and geopolitical tensions, uncertainties associated with a significant number of major elections—...

276. Blame game erupts over Limassol tragedy and electricity law

A fierce political dispute has ignited between former Transport Minister Yannis Karousos and current Minister Alexis Vafeadis following the recent tragedy in Limassol, with both officials pointing fingers over the state of electrical safety regulations in Cyprus....

277. One in three short-term rental accommodations is illegal

278. Bank of Cyprus posts €508M profit for 2024

Bank of Cyprus has posted impressive results for 2024, reporting net profits of €508 million, marking a 4% increase from the previous year’s €487 million. The results reflect the bank's strong performance and growth, despite slight fluctuations in some areas....

279. Cyprus and Egypt join forces on major energy projects

The Christodoulides administration places great strategic importance—both in terms of energy and geopolitics—on the President’s visit to Egypt....

280. Is Cyprus' public sector too large? Hiring freeze lifted amid rising costs.

The Cyprus government is set to fully lift the ban on hiring permanent public sector employees, marking a significant shift from austerity measures imposed over a decade ago....

281. Pakistan and Turkey strengthen ties, reaffirm controversial stance on Cyprus

Turkish President and Pakistani Prime Minister met to strengthen their countries' strategic partnership, reinforcing positions that directly challenge international law and Cyprus' sovereignty....

282. Big US companies borrowing in Europe to save money

Big American companies are increasingly turning to Europe to borrow money at lower costs, taking advantage of cheaper interest rates compared to those in the US....

283. Freedom Holding Corp. reports 57% surge in Q3 revenue, hits $9 billion market cap milestone

Freedom Holding Corp. (FRHC), the parent company of Freedom24, has announced two significant milestones: strong third quarter results for fiscal year 2025 and a record market capitalisation of $9 billion....

284. COSMOS Insurance envisions ''an angelic world'' for its new campaign

How often have you wished to live in a world where unexpected events, accidents, problems, and bad moments were nonexistent? In other words, an angelic world?...

285. No relief in sight as electricity prices to remain high until 2027

Electricity prices in Cyprus are expected to remain elevated for the next two years, according to the chairman of the EAC....

286. Multiple pensions on their last leg

With public statements from both Parliament and the Presidential Palace setting high expectations from the outset, the issue of multiple pensions for state officials is now reaching its decisive phase....

287. Who is the face behind the new Superhome Center?

The king of cement, Filaretos Kaltsidis, is behind the sale of Superhome DIY....

288. New garbage tax could mean higher costs for citizens

Cypriot citizens may soon face higher waste disposal costs as a new bill proposes an additional municipal waste landfill tax, adding financial pressure on households already grappling with rising living expenses....

289. Police say drug testing at stadiums is impractical

The President of the Cyprus Police Association, Giorgos Georgiou, analyzed the difficulties in implementing drug and alcohol tests at stadiums in light of the government’s new bills aimed at tackling violence....

290. Adoption legislation modernised with a new bill

A bill modernising adoption legislation was approved by the Council of Ministers on Wednesday....

291. €8 million and counting as Crete-Cyprus interconnector delays pile up

The long-awaited electricity interconnection between Crete and Cyprus is facing mounting financial pressure, with delays already adding at least €8 million in extra costs....

292. Trump seeks approval for $1 billion arms sale to Israel

The Trump administration has formally asked Congress to approve a $1 billion arms package for Israel, including thousands of bombs and heavy-duty engineering equipment, according to a report by The Wall Street Journal on Monday....

293. Trump hints at new tariffs on EU imports as trade tensions escalate

US President Donald Trump has suggested that the European Union (EU) could be the next target of US tariffs, following the imposition of 25% levies on imports from Mexico, Canada, and China....

294. Ticking time bomb as sewage leaks threaten Akrotiri Salt Lake

A major environmental crisis is unfolding at Akrotiri Salt Lake, as sewage leaks and chemical discharges threaten Cyprus’ most important wetland...

295. A week in Cyprus: Broken promises, electricity woes, and a Valentine’s Day summit?

The government keeps repeating the same promises, but according to DISY, that won’t be enough to convince the public. But why not? Repetition helps people absorb information, right? ...

296. Cyprus ended 2024 with a banking boom as loans and deposits surged

Cyprus closed out 2024 with a surge in banking activity, as both loans and deposits saw substantial increases, according to the latest data from the Central Bank of Cyprus (CBC). ...

297. Finally! The night we've all been waiting for! (No, not Eurovision)

Finally! The night we've all been waiting for. Tonight at 7 p.m., Cyprus will witness a grand moment—not the Eurovision finals, but something equally thrilling (or so we’re told)....

298. How Abramovich evaded millions in taxes using Cyprus

A massive tax evasion scheme tied to Roman Abramovich’s superyachts has been uncovered, shedding light on how the Russian billionaire exploited Cyprus’ offshore business environment. Leaked documents reveal that from 2005 to 2012, Abramovich’s companies set up a fake yacht-leasing business in Cyprus to dodge EU taxes on his luxury vessels....

299. Chinese AI startup DeepSeek shakes US tech and Wall St.

In a major turn of events, U.S. President Donald Trump has called the Chinese start-up DeepSeek a ''game-changer'' for the future of artificial intelligence (AI), urging the U.S. tech industry to "wake up" in response to the sudden disruption the company has caused. ...

300. A green planet with India leading the way

Climate Change is a defining challenge of our times but as the world hurtles toward an escalating climate crisis, India is stepping into a global leadership role to tackle climate change. ...