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91. Concerns from the EIB regarding the electric cable project

Critical questions surrounding the electrical interconnection of Cyprus with the European electricity network through Greece have been raised in a letter from the Chamber of Engineers (ETEK) to the Ministry of Energy....

92. The Banker: Bank of Cyprus wins Bank of the Year award again for 2024

The Banker, one of the leading international publications focused on banking and finance, has named Bank of Cyprus the Bank of the Year in Cyprus in its 2024 awards....

93. BBF Takes the Stage at MAPIC Cannes, Unveiling KEAN – A New Landmark Driving Global Interest

BBF's successful participation in the 2024 edition of MAPIC, the leading international retail and real estate event held from November 26–28 at the Palais des Festivals in Cannes, France, provided the perfect backdrop for unveiling BBF's new landmark, KEAN...

94. Nationally funded research project DYNAMO to redefine energy sharing within communities

The first meeting of the consortium for the DYNAMO project (Decentralized Energy Management Platform for Smart Communities) was recently held, launching the project which aims to redefine energy sharing and transactions within communities....

95. Affordability, Urbanization, and Sustainability: How Real Estate in Cyprus, Greece, and Romania Will Evolve by 2029

The next five years will redefine the real estate markets of Cyprus, Greece, and Romania....

96. Cybersecurity and ICT risks emerge as leading drivers of operational risk

Geopolitical tensions have significantly increased operational risks, particularly in the areas of cyber and digital threats, as well as risks related to money laundering and sanctions compliance....

97. Geoeconomic tensions and Cyprus: Staying the course amid challenges ahead

Geoeconomic fragmentation, the reversal of progress towards global economic and financial integration due to political and military conflict and strategic policy decisions, is rising....

98. Larnaca and Paphos airports to handle 17.5 million passengers annually

The deal to hand over Larnaca and Paphos airports to Hermes Airports Ltd is nearly sealed, as the company moves toward......

99. Hellenic Bank reports €284.4M profit for 2024

Hellenic Bank reported a profit of €284.4 million for the first nine months of 2024, up from €240.7 million in the same period last year....

100. Cyprus unveils first zero-emissions research vessel

Cyprus celebrated the launch of its first zero-emissions vessel, EVPLOIA APHRODITE, on Thursday at the Larnaca Marina....

101. University of Nicosia Hosts Ceremonial Event for NEOLAiA European University Alliance

102. Lidl is holding the ''mind RESET'' programme for the 4th consecutive year

On the 16th and 17th of September, the first phase of the successful environmental educational programme was successfully completed, and focuses on the training of teachers of the participating schools....

103. Limassol and Larnaca set for greener urban transport

Cyprus has officially launched its Sustainable Urban Mobility Plans (SUMP) for Limassol and Larnaca, making a significant step towards the the country’s transition towards greener, more accessible urban spaces....

104. Digital Agenda: The Bright Side of Cyprus and Its Technological Prospects

Renowned international speakers, top Cypriot innovators, and key government officials came together at the Digital Agenda Cyprus Summit 2024 to discuss the future of digital transformation and global trends in innovation, talent management, and creativity....

105. Sahara desert turns green after rare heavy rains

The typically dry and barren Sahara Desert is experiencing an unusual burst of greenery following heavy rainfall in early September. ...

106. Von der Leyen unveils new European Commission lineup

European Commission President Ursula von der Leyen has unveiled the list of new commissioners, including Kostas Kadis from Cyprus, who has been appointed as Commissioner for Fisheries and Oceans. ...

107. Cyprus has second largest decrease in firefighter jobs across EU

The number of firefighters was cut in 12 EU member states, including Cyprus, in 2023, while Cyprus was the country with the second largest drop in the employment of firefighters that year, according to an analysis by the European Trade Union Confederation (ETUC) of EU Labour Force Survey data which was also published recently by Eurostat. ...

108. Larnaca’s 3 best detox salad spots for post-summer recovery

With the holiday season behind us, many are focusing on resetting their diets and embracing healthier eating habits....

109. EU bolsters Lebanon with €1B aid package

The European Union has begun political dialogue with the Lebanese government to implement critical reforms, backed by substantial EU funding. ...

110. High electricity costs in Cyprus due to lack of renewables

As high temperatures drive increased energy demand in Cyprus, the island remains heavily reliant on mazut for electricity production....

111. EU reviews impact of Chinese exit from Vasilikos' LNG terminal

The European Commission is assessing the potential impacts on project funding following the withdrawal of a Chinese consortium from the construction of the LNG terminal in Vasilikos, a spokesperson for the European Commission confirmed....

112. Cyprus extends EV charging grants by two months

The deadline for applications for the second phase of the "Electrification with 1000" grant program has been extended by two months, now closing on September 30, 2024, at 12:00 a.m., the Department of Electromechanical Services announced....

113. Lidl’s 21st store in Paphos boosts Cyprus retail battle

Almost 15 years after Lidl Cyprus entered the Cypriot market, the company is set to open its 21st store in Paphos, specifically in Neon Mall....

114. Cyprus sets course for cheaper electricity in 2025

Energy, Commerce, and Industry Minister George Papanastasiou unveiled Cyprus' ambitious plans for the Electricity Authority of Cyprus (EAC) during a press conference in Nicosia on Tuesday. ...

115. Presidential Palace achieves 'zero waste' milestone

The Presidential Palace has become the first government building in Cyprus to receive the "Zero Waste to Landfill" certification, setting a strong environmental example for the nation....

116. ICT sector powers Cyprus' economic growth

Almost all of the productivity growth in Cyprus' economy over the past three years can be attributed to the Information and Communication Technology......

117. Cyprus has a long way to go when it comes to EV's

Cyprus lags behind the rest of the European Union in the adoption of battery electric vehicles (BEVs), according to data from the European Alternative Fuels Observatory (EAFO). While growth is noted and targets seem achievable, the country's rate of electric car use remains among the lowest in the EU....

118. Government extends subsidies to ease cost of living crisis

The Cabinet approved a proposal on Wednesday by Finance Minister Makis Keravnos to extend measures aimed at compensating for the living costs of Cypriot households. Government Spokesperson Konstantinos Letymbiotis announced the decision following the Cabinet meeting....

119. Cyprus President advocates Von der Leyen, Metsola re-election

President of the Republic Nikos Christodoulides voiced on Monday his support for the re-election of Ursula von der Leyen and Roberta Metsola to the posts of President of the Commission and President of the European Parliament respectively....

120. Cyprus plans €3.1B climate investment by 2030

Cyprus’ total investment on climate change in both EU and public funds as well as private investments are estimated to amount to €3.1 billion by 2030, the Finance Ministry has said....