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151. Israeli forces kill Hezbollah commander in Beirut, Hamas leader in Iran

The Middle East faces heightened tensions following two significant Israeli strikes. Last night, Israeli forces targeted and killed Fouad Soukr, a key member of Lebanon's Shi'ite Hezbollah organization, in Beirut....

152. Record surge in olive oil fraud amid rising prices of 'liquid gold'

The European Union reported a record number of potential olive oil fraud and mislabeling cases in the first quarter of 2024, driven by inflationary pressures and a growing hidden market for the kitchen staple....

153. Cypriot and Swiss officials discuss migration cooperation

Cypriot Deputy Minister of Migration and International Protection Nicholas Ioannides thanked his Swiss counterpart, Christine Schraner Burgener, over her country’s financing of infrastructure of the Cypriot Asylum Service. ...

154. July Newsletter of K. Treppides & Co Ltd: Cyprus Securities and Exchange Commission

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....

155. MEP Fidias defends actions in video after memorial event dispute

Cypriot MEP Fidias Panayiotou released a three-minute video responding to accusations......

156. Market changes, Eurobank's move, and economic struggles

Bank of Cyprus shares were delisted from the Athens Stock Exchange following the 2013 financial crisis and the turbulent merger with Laiki Bank, including the depositor haircut...

157. Financial education in Cyprus schools after Metamax scandal

The ongoing investigation into the Metamax investment pyramid scheme is causing growing alarm across Cyprus. Complaints to police departments have surpassed 100, with over €220,000 allegedly defrauded. ...

158. CySEC slaps a €200,000 fine on IC Markets (EU) Ltd

The Cyprus Securities and Exchange Commission (CySEC) has imposed a €200,000 fine on the Cyprus Investment Firm (CIF), IC Markets (EU) Ltd, for violating leverage rules....

159. Senator Menendez convicted on bribery charges

Democratic Senator Bob Menendez of New Jersey has been convicted on multiple counts of bribery following a nine-week trial, a verdict that could potentially send him to prison for years. ...

160. July Newsletter of K. Treppides & Co Ltd: Cyprus Securities and Exchange Commission

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....

161. Cyprus and Greece commit to Eastern Med security

Defence Minister Vasilis Palmas stressed the joint commitment of Cyprus and Greece to make every possible effort to maintain peace, security, stability and cooperation in the Eastern Mediterranean......

162. Murder investigation heats up, land deal at heart of Mykonos feud

The murder of topographer Panagiotis Stathis in Psychiko has cast a fresh spotlight on a contentious plot of land in Mykonos, believed to be the epicenter of a bitter dispute between Stathis and a local businessman....

163. Accurate dating of Kyrenia shipwreck confirmed

Using various lines of evidence researchers have determined that the Kyrenia shipwreck had been constructed between about 345-313 BC and sank between about 286-272 BC......

164. Cyprus Law Commissioner teams up with Ireland to improve legal system

Law Commissioner Louisa Christodoulou Zannetou recently engaged in a virtual meeting with Ireland’s Law Reform Commission Chairman Justice Frank Clarke and Commissioner Richard Barrett. ...

165. Cyprus President meets business leaders on HR, energy, and tax

166. New pyramid scheme preys on Cypriots promising big profits

In a report by Hectoras Georgiou from Kathimerini, a new company named Metamax has recently popped up in Cyprus, promising substantial profits to users through its application. ...

167. Cyprus and U.S. celebrate strengthened ties at U.S. Independence Day event

The 248th anniversary of U.S. Independence was marked with a grand celebration hosted by the U.S. Embassy in Nicosia on Tuesday evening....

168. Cyprus higher education sees doubling of student enrollment over past decade

Health Minister Michalis Damianos praised the dramatic growth of Cyprus' student population during a graduation ceremony at the University of Frederick in Nicosia on Friday....

169. Hearing continues in Auditor General suspension case

The Supreme Judicial Council continues to hear Attorney General George Savvidis' request to suspend Auditor General Odysseus Michaelides on grounds of misconduct. ...

170. Hearing on AG's suspension adjourned until tomorrow

The Supreme Judicial Council adjourned today after hearing more arguments on Attorney General George Savvidis' request to suspend Auditor General Odysseas Michaelides for alleged misconduct....

171. Varosha resolution: PACE calls for return to legal owners

The Parliamentary Assembly of the Council of Europe (PACE) on Thursday approved a resolution calling for the return of Varosha to its lawful inhabitants......

172. After the 'white smoke', phase two begins for von der Leyen

The attempt to reassure Georgia Meloni to agree to the European Council's decision to back the trio of Ursula von der Leyen for a second term as President of the Commission, Antonio Costa as President of the European Council...

173. Wizz Air announces new route from Larnaca to Milan Malpensa

Wizz Air, Europe’s fastest-growing and most environmentally sustainable airline, proudly announces today it will launch a new route from Larnaca to Milan, Italy this autumn....

174. Eurobank gains green light for 100% acquisition of Hellenic Bank

The Cyprus Securities and Exchange Commission (the “CySEC”) approved on 25 June 2024, the publication of the Takeover Bid Document for the acquisition by Eurobank S.A. of up to 100% of the issued share capital of Hellenic Bank, whose shares are listed on the Main Market of the Cyprus Stock Exchange (“CSE”). ...

175. US investment and educational opportunities rise in Cyprus

The recent meeting between Cypriot Foreign Minister Konstantinos Kompos and US Secretary of State Anthony Blinken has underscored the strong and growing ties between Cyprus and the United States......

176. The $10 billion plan to rebuild Cyprus's ghost town

The Turkish newspaper Sözcü has drawn attention to Varosha, an abandoned area in Famagusta, calling it the "Las Vegas of the Mediterranean." The paper says it would take $10 billion to bring the ghost town back to life after being abandoned for 50 years....

177. President Christodoulides in Brussels for key EU summits

President of the Republic Nikos Christodoulides is in Brussels to attend the informal European Council and the European People's Party (EPP) informal summit. EU leaders will evaluate the results of the recent European elections and discuss the appointment of new top EU officials....

178. Limassol man loses €46,900 in car sales scam

A 28-year-old man reported to Limassol Police Station that he was the victim of electronic fraud after transferring €46,900 to a bank account he believed belonged to a car sales company....

179. Attorney General denies bias in courtroom drama

The cross-examination of Attorney General George Savvidis continued today before the Supreme Constitutional Court. Savvidis faced intense scrutiny over his efforts to suspend Auditor General Odysseus Michaelides, which he initiated based on alleged misconduct....

180. €102.3M spent on 275,000 people trained on 30,500 programs

In the last five years, 275,000 people participated in 30,500 training programmes of the Human Resource Development Authority of Cyprus (HRDA) and the total expenditure reached to 102.3 million euro,...