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211. Aphrodite field consortium updates plan amid Cypriot energy dispute

Partners of the consortium for the “Aphrodite” gas field in block 12 of the Cypriot Exclusive Economic Zone said they intend to submit in the coming days to the Cypriot government for approval an “updated development plan”, on the basis of the previous development and production plan, as approved by the government, following a notice for breach of contract sent by the Cypriot Minister of Energy....

212. FT: Zuckerberg accuses Biden Admin of pressuring Meta to censor COVID-19 content

Meta CEO Mark Zuckerberg has accused the Biden administration of pressuring the social media company to censor certain COVID-19 content during the pandemic....

213. Netanyahu: Israel’s airstrikes in Lebanon just the beginning

Israel's large-scale airstrikes on Hezbollah missile positions in Lebanon on Sunday have raised fears of an all-out war that could draw in the United States, Iran, and other militant groups across the region....

214. Menendez resigns from Senate after bribery conviction

Bob Menendez's resignation from the U.S. Senate became official Tuesday, following his July conviction on bribery charges. ...

215. Ukraine passes law to ban Russia-linked church

Ukrainian lawmakers on Tuesday passed a law banning the activities of a Russia-affiliated branch of the Orthodox Church, marking a significant break with an institution Kyiv has accused of aiding Moscow's invasion of Ukraine. ...

216. Cyprus banks set for major changes in September

September will bring significant shifts for Cyprus's two largest banks....

217. Former Minister Kadis chosen as Cyprus' EU commissioner candidate

The Republic of Cyprus will propose Dr. Costas Kadis for the position of Commissioner in the European Commission, Government Spokesman Konstantinos......

218. Limassol resident loses €30,000 in cryptocurrency scam

A 54-year-old resident of Limassol reported to the police yesterday that he was scammed out of €30,000 by an online scammer posing as a cryptocurrency investment advisor....

219. Harris campaign criticizes Trump-Musk interview as 'self-obsessed'

Former President Donald Trump and Tesla CEO Elon Musk engaged in a friendly conversation on X (formerly Twitter) on Monday, though their highly anticipated interview was delayed by over 40 minutes due to technical issues....

220. Bank of Cyprus sees 23% profit growth, raises financial targets

The Bank of Cyprus has announced a 23% increase in its profit after tax for the first half of 2024, reaching €270 million, compared to the same period in 2023. ...

221. Eurobank completes takeover of Hellenic Bank

Eurobank S.A., a subsidiary of Eurobank Ergasias Services and Holdings S.A., has successfully completed its mandatory takeover bid for Hellenic Bank Public Company Limited. ...

222. Christodoulides and Tatar clash over planned UN meeting

The possibility of a joint meeting between President Nikos Christodoulides of Cyprus and Turkish Cypriot leader Ersin Tatar......

223. Journalists, spies and political prisoners freed in largest prisoner swap since cold war

The Wall Street Journal reporter Evan Gershkovich has been freed from Russian custody as part of a significant prisoner exchange involving numerous foreign citizens held in Russia and several Russian political prisoners....

224. 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....

225. 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....

226. 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. ...

227. 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....

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

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

229. 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...

230. 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. ...

231. 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....

232. 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. ...

233. 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....

234. 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......

235. 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....

236. 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......

237. 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. ...

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

239. 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. ...

240. 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....