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211. Cyprus exposes 25 cases of dual pensions and salaries

Around 25 citizens and officials in the Republic of Cyprus are receiving double pay—pension plus salary, according to the Republic's Auditor General....

212. Businesses fear global tax reform will lead to double taxation

Global tax reform, ineffective use of technology and economic uncertainty are putting significant strain on business’ transfer pricing (TP) capabilities, according to the 2024 EY International Tax and Transfer Pricing Survey....

213. House President praises France’s support for Cyprus in Paris meetings

The strategic cooperation between Cyprus and France in the key sectors of security, defence, energy, tourism, trade and education and the mutual will to further deepen them, were emphasised by the President of the Parliament Annita Demetriou and French officials, with whom she met on Wednesday as part of her visit to France....

214. Houthi strikes send prices soaring in global trade

In recent weeks, the developments in the Red Sea, with the Houthi attacks on commercial ships and their impact on global trade, have dominated the discussions of suppliers with their partners....

215. EY Cyprus releases the Cyprus Tax Facts Guide 2024

EY Cyprus is delighted to announce the release of the latest edition of the Cyprus Tax Facts guide for the year 2024....

216. Deloitte’s Tax Facts 2024

217. Quadruple fatality, manslaughter charges pending

In a shocking turn of events, the New Year took a tragic toll with a fatal road accident that claimed the lives of four individuals. Limassol Traffic Police presented the case to the Legal Service, securing approval from the Attorney General to classify it as a homicide....

218. New Year's tragedy investigation continues (video)

In the aftermath of the New Year's tragedy that claimed four lives, investigations are underway to determine the cause of the quadruple fatality that occurred just half an hour into the new year. ...

219. Tension peaks in Cyprus natural gas development

The development of the Natural Gas network of Cyprus has become a tangled mess, as after the delays in the schedules......

220. Larnaca's technical school breaks ground after six-year delay

After a prolonged six-year wait, construction on the new Technical School of Larnaca is set to kick off this spring in the Aradippou area, near the Rizoelias roundabout. ...

221. ISIS suspected in devastating Kerman blasts

The double explosion, which claimed the lives of at least 103 people on Wednesday near the tomb of General Qasem Soleimani in Kerman......

222. UN Security Council to renew peacekeeping force mandate in Cyprus

The year 2024 inaugurates a formal series of UN procedures related to Cyprus and simultaneously locks in the arrival of the new Special Envoy of the Secretary-General for Cyprus....

223. EAC refunds €82.85 to flat tenants over faulty photovoltaic charges

The Electricity Authority of Cyprus (EAC) has decided to refund 82.85 euros to tenants of apartments connected to photovoltaic systems in response to an incorrect charging mechanism, known as ripple control, that was found to be nonexistent in the system. ...

224. Billionaires choose Abu Dhabi as global wealth safe haven

In a surprising trend, billionaires including Zhao Changpeng, the Adani family, Ray Dalio, and Vladimir Lisin are flocking to Abu Dhabi's international financial center, establishing special purpose vehicles (SPVs) to safeguard their fortunes....

225. New online service for 2024 European Elections

The Ministry of Interior announced on Tuesday the operation of the electronic information service for registration in the special electoral roll for the 2024 European elections of citizens, who reside in areas where the Government of the Republic does not exercise effective control. ...

226. Cyprus and France seal the deal on tax cooperation

In a milestone development, Cyprus and France have solidified their commitment to combat double taxation through the signing of a renewed Convention on the Elimination of Double Taxation....

227. Cyprus-France convention breaks fiscal barriers

In a strategic maneuver to bolster economic collaboration, Cyprus and France are gearing up to sign a pivotal Convention on Monday in the capital city of Nicosia....

228. Committee debates cutting traffic violation fines in half

The Parliamentary Committee on Transport convened today to deliberate on the potential reduction of extrajudicial fines for traffic light violations. ...

229. Cyprus-U.S. relations soar to historic highs as President pledges economic cooperation

President Nikos Christodoulides emphasized the government's commitment to strengthening economic ties, trade, and investment with the United States during the AmCHAM Cyprus Thanksgiving Gala Dinner in Nicosia. ...

230. Developer's double plea amidst partially frozen road project in Akamas

None of those who attended the meeting of the Environment Committee left any wiser about what is happening in the projects that have been carried out in recent months for the first phase of improvement of part of the road network of the Akamas National Forest Park....

231. Government achieves historic 50% drop in asylum applications

There is a 50% reduction in the period March-October 2023 in new asylum applications compared to the 2022 corresponding period, the Interior Ministry said on Tuesday, noting at the same time that for the first time, the overall balance of arrivals-returns presents a positive picture, and Cyprus is now ranking in the first places among European states in absolute numbers of returns....

232. The complex effects of screens on kids' brain functions

In a comprehensive study spanning 23 years and involving over 30,000 children under 12, researchers discovered that prolonged screen exposure induces significant changes in various brain regions....

233. ''Blade Runner'' granted parole after serving half his murder sentence

Oscar Pistorius, the ''Blade Runner,'' has been granted parole after serving half of his sentence for the 2013 murder of his girlfriend Reeva Steenkamp....

234. Cyprus faces double-digit sanctions violations chaos

Cyprus’ Law Office has received complaints on possible sanctions violations amounting to double-digits, Attorney-General George Savvides told a parliamentary committee which discussed the “Cyprus confidential” publication, involving millions of leaked files on financial transactions investigated by the International Consortium of Investigative Reporters (ICIJ)....

235. Double murder trial postponed as accused seek jail protection

The trial of two individuals, aged 49 and 54, in connection with a double murder that occurred on June 29 outside a bar in Ipsona has been rescheduled to February 19, 2024. The victims, 44-year-old Mario Onisiforou and 51-year-old Michalis Michael lost their lives following a confrontation....

236. Double homicide shrouded in mystery, points to professionals

In a perplexing case, the recent double murder of Alexios Mavromichalis and Thanasis Kalogeropoulos has left authorities in Cyprus facing a challenging puzzle....

237. Turkey, the most unreliable ally of the West

The latest developments in the Middle East after the terrorist actions of Hamas and the reaction of Israel have proven once again that Turkey does not want and does not belong to the Western alliance. Tayyip Erdogan’s decision to align himself with the extremist Islamists of Hamas and Iran clearly shows where the country is heading....

238. Ministry secures €245 million boost for business growth in 2027

A total of €245 million has been secured by the Ministry of Energy, Commerce and Industry for the new programming period up to 2027, which will be made available to businesses through targeted grant plans with an emphasis on absorbing and utilising as many resources as possible from European Funds, including the Recovery and Resilience Fund, Energy Minister George Papanastasiou said on Friday, speaking at the General Electoral Assembly of the Paphos Chamber of Commerce and Industry....

239. Biden's cabinet seeks $105 billion aid for Israel and Ukraine

Defense Secretary Lloyd Austin and Secretary of State Antony Blinken will make the case Tuesday that the United States should immediately send aid to Israel and Ukraine, testifying at a Senate hearing as the administration’s massive $105 billion emergency aid request for conflicts in those countries and others has already hit roadblocks in the divided Congress. ...

240. Queen Rania accuses Western leaders of double standard in Gaza conflict

Jordan’s Queen Rania has accused Western leaders of a “glaring double standard” for not condemning Israel’s killing of Palestinian civilians in its bombardment of Gaza....