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3331. Turmoil at Vasilikos as Chinese consortium pulls out, terminal project in limbo

The sudden withdrawal of the CPP-METRON CONSORTIUM LTD from the Vasilikos terminal project has added a new layer of complexity to the already troubled initiative. ...

3332. ETYFA criticizes consortium for failing Vasilikos project

The Natural Gas Infrastructure Company of Cyprus (ETYFA) expressed deep frustration and disappointment on Friday, confirming that the consortium contracted for the Vasilikos project is not only unwilling but also unable to complete the work....

3333. ''We're having a heatwave, a tropical heatwave...''

The Department of Meteorology has issued a yellow warning for extreme temperatures today. The warning is in effect from 11:00 AM to 4:00 PM, with maximum temperatures expected to reach a scorching 42 degrees Celsius inland and around 32 degrees Celsius in the higher mountain areas....

3334. China unveils world's largest hurricane-proof turbine

Imagine a wind turbine so advanced it can withstand hurricanes and typhoons while harnessing their immense power to generate electricity....

3335. Cyprus civil servants to receive pay raises after 15-year freeze

PASYDY, the public sector union, announced its approval of a new agreement with the Ministry of Finance to grant pay raises to civil servants beginning October 1, 2024. The deal was reached during today's Joint Staff Committee meeting....

3336. HR Legend Beth Davies at the Digital Agenda Cyprus Summit

With over 25 years of senior leadership experience at innovative global companies such as Tesla, Apple, Microsoft, and Gap, Beth Davies is a distinguished expert in cultivating company culture, creating customer-centric organizations, developing executives, and fostering a culture of innovation....

3337. Laughable disclosures as Cyprus politicians' financial woes unveiled

Once again, this year’s financial disclosures from our members of parliament are filled with laughable and tragic statements. Marinos Sizopoulos must be having a hard time making ends meet, ...

3338. Athens shuts down archaeological sites due to extreme heat

All archaeological sites in Athens will be closed from noon to 5 p.m. due to forecasted high temperatures, the Culture Ministry announced....

3339. Kuwait sends 200 tonnes of aid to Gaza via Cyprus

A delegation from Kuwait’s Al-Salam Association for Humanitarian and Charitable Works is set to send around 200 tonnes of humanitarian aid to Gaza’s civilian population via the Amalthea humanitarian corridor to the port of Ashdod, Israel....

3340. BBF, Proud Sponsor of the Year for Limassol Nautical Club, at Road to Paris 2024 Press Conference

BBF, the Official Sponsor Partner of the Limassol Nautical Club (LNC) for the year 2023-24, proudly attended a Press Conference held at the LNC premises on Friday, 12 July 2024, ...

3341. Transparency concerns cloud EU vote on Ursula von der Leyen's presidency

The political fate of Ursula von der Leyen hangs in the balance today as 720 Members of the European Parliament convene in Strasbourg at 1 p.m. local time......

3342. Soaring insurance costs push global shipping rates up 233%

Global trade has faced immense pressure since last October when the war in the Near East erupted following the terrorist attack by the Palestinian group Hamas against Israel. ...

3343. Cyprus gears up for a brilliant 42°C summer day

A yellow warning for extreme maximum temperatures will be in effect today from 11 a.m. to 5 p.m., according to the Department of Meteorology....

3344. Heavy rains in parts of Cyprus bring relief amid scorching heatwave

Heavy rains are sweeping across Cyprus, offering a welcome reprieve from an intense heatwave that has gripped the island....

3345. France accused of 'racist discrimination' over Olympic hijab ban

France is under fire for barring its athletes from wearing hijabs at the upcoming Paris Olympics, a move critics call 'racist gender discrimination'....

3346. Mykonos tourism decline linked to high costs

International air traffic to Mykonos is on a downward trajectory for another year, according to plans for available seats that airlines have for this summer so far....

3347. EU court rules against secrecy in COVID-19 vaccine contracts

The European Commission was wrong to limit public access to certain details in contracts for COVID-19 vaccines, according to a ruling from the EU's second-highest court on Thursday....

3348. Cypriot neurosurgeon sentenced for fraud

A Cypriot neurosurgeon has been sentenced to 32 months in prison for deceiving patients and defrauding the General Health System. ...

3349. Fifteen days left to decide on Eurobank's offer

Hellenic Bank shareholders have less than 15 days to decide whether to sell their shares to Eurobank, which has made a takeover offer of 2.56 euros per share. The offer, initiated at the start of the month, has a four-week deadline, shorter than the maximum eight weeks allowed....

3350. American Medical Center expands to Limassol

The American Medical Center (AMC)/American Heart Institute (AHI) is expanding its presence in Limassol with a new private hospital, marking a significant milestone as the institution celebrates its 25th anniversary, according to a report by Anna Polyviou....

3351. Jamie Dimon eyed for treasury secretary by Trump

Former President Donald Trump stated in an interview with Bloomberg that he has no intention of removing Federal Reserve Chair Jerome Powell from his position before Powell's term concludes....

3352. Solar-powered 'smart benches' to monitor air quality in Greece

3353. Russian tech professionals flock to Cyprus despite sanctions

A recent study by the PACE think tank has underscored the profound transformation of Cyprus' economy amid Western sanctions and the aftermath......

3354. Cyprus marks 50 years since 1974 invasion

This year marks fifty years since the 1974 coup and Turkish invasion, events that profoundly shaped modern Cyprus. ...

3355. Public works enforces €100,000 fine for Nicosia ring road delay

The Public Works Department has activated a contract clause imposing penalties on Cyfield Construction Ltd. for delays in the completion of the first phase of the Nicosia Ring Road....

3356. Yellow heat warning issued for today

The meteorology department has issued a yellow warning for high temperatures, effective from 1:00 p.m. to 4:00 p.m. today. We're expecting the interior to reach a scorching 41 degrees Celsius....

3357. Higher than normal temps to persist through mid August

Higher than normal temperatures and heatwave episodes are expected for the rest of July until almost the mid of August, according to the Cyprus Department of Meteorology and the Climate Watch of the German Meteorological Service (DWD) for the eastern Mediterranean region....

3358. Cyprus will build a naval base in Mari with Greek support

The Minister of Defense, Vasilis Palmas, confirmed reports regarding the construction of a naval base in Mari, during an interview on SPOR FM 95’s ''Diaspora News.''...

3359. Are we in a real estate bubble?

The real estate market has been steadily rising since 2015, marking the ninth consecutive year of growth in the sector. However, this broad trend has not been without fluctuations, particularly influenced by the economic disruptions of the pandemic era. Monthly analyses of transaction numbers and volumes from this platform illustrate these ups and downs....

3360. Maronites' land claims challenged in occupied territories

In a recent commentary published by Belgin Demirel in Avrupa, concerns have been raised regarding property rights of Maronites in Northern Cyprus....