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991. DBRS Morningstar: Cyprus shows strong recovery in tackling bad loans

Cyprus is starting to see some positive shifts in its financial sector, particularly when it comes to tackling non-performing loans (NPLs) – loans that borrowers have stopped paying. ...

992. Arson attack targets senior customs officer in Nicosia

A senior manager from the Customs Department is the victim of a suspected arson attack that took place early Thursday morning in the Nicosia district. ...

993. Rainy weekend ahead: Perfect for cozy vibes!

Looks like we're in for a cozy weekend! The weather will bring some rain, so it’s the perfect time to stay indoors and enjoy a warm drink as you watch the clouds roll by....

994. The declaration of the TRNC: A turning point in the Cyprus conflict

On 15 November 1983, the Turkish Cypriot side unilaterally declared the occupied territories as the "Turkish Republic of Northern Cyprus" (TRNC)....

995. ARIS │ A REALLY INSPIRING STORY is looking to cultivate new stories of success

996. Cyprus’ endless love affair with unfinished projects

''Oh Prometheus, if only you knew how much you’ve cost us, you’d blush with shame. Yet no one involved seems to care. In any case, full sails ahead.''...

997. Romania marks 106 years since the 'Great Union' at diplomatic reception in Nicosia

The Embassy of Romania in Nicosia hosted a special event on November 12, 2024, to celebrate Romania’s National Day and the strong ties between Romania and Cyprus....

998. Cyprus’ floating LNG unit 'Prometheus' finally sets sail from Shanghai

After months of delays linked to the Vasilikos scandal, Cyprus' Floating Storage and Regasification Unit (FSRU) 'Prometheus' is finally set to leave Shanghai in early December. ...

999. Florence cracks down on over tourism in historic city center

As millions of tourists flood Italy’s historic cities, Florence is stepping up efforts to manage the pressures of overtourism. With concerns mounting that the high visitor volume threatens the city’s cultural heritage and livability, ...

1000. Cyprus faces multi-million Euro losses as major development projects collapse

Cyprus is facing significant financial and logistical challenges following the abrupt termination of contracts for major infrastructure projects, with some cases likely to lead to costly legal battles....

1001. Get ready to dust off those umbrellas, Cyprus!

It’s the calm before the storm, folks! Today, we’ll enjoy mostly sunny skies, with only a few clouds sneaking around in the afternoon to remind us that change is coming....

1002. Greek real estate fourth cheapest in Europe, draws foreign buyers

The Greek real estate market has significant prospects for establishing itself as one of the main destinations for foreign home buyers, being the fourth cheapest in Europe....

1003. Cyprus eyes new offshore gas licenses as global demand surges

Cyprus is considering a new round of licensing for offshore gas exploration to capitalize on high demand, according to Energy Minister Giorgos Papanastasiou. With estimates suggesting that undiscovered gas reserves could be around 15-16 trillion cubic feet...

1004. Lois Builders slams contract termination, cites mismanagement and delays

Lois Builders Ltd. has issued a statement in response to the recent termination of its contract for the Fishing Reserve and Liopetriou River project, calling the move ''unprecedented.''...

1005. Fired Paphos-Polis road contractor wants €35 million payout

The Cyprus government has formally terminated its contract with Intrakat, a Greek construction company, for the long-awaited Paphos-Polis Chrysochous motorway, citing severe delays and excessive demands from the contractor....

1006. Trump taps Elon Musk to lead ''Department of Government Efficiency''

In a move aimed at shaking up Washington, former President Donald Trump announced plans to appoint Elon Musk, the world’s wealthiest man, to head a new ''Department of Government Efficiency.''...

1007. Sunny side up! A mix of clear skies and scattered showers across the island

Today, it’s mostly clear skies across the island, with just enough clouds here and there to keep things interesting. Around midday, some of those clouds could get a little ambitious, ...

1008. Archbishop of Canterbury Justin Welby resigns amid criticism of abuse handling

Archbishop of Canterbury Justin Welby has announced his resignation following a critical report revealing shortcomings in the Church’s handling of abuse allegations involving the late John Smyth, a known child abuser....

1009. Appointment of Senior Manager in K. Treppides & Co Ltd

The Management of K. Treppides & Co Ltd is committed to develop leaders who derive from own people and who pursue excellence in the provision of high quality specialised and unique services. ...

1010. Study links air pollution during pregnancy to heightened autism risk

New research suggests that air pollution exposure during pregnancy may increase the risk of autism in babies with a genetic predisposition for the condition, according to a study by Dr. Haitham Amal and his team at the Hebrew University of Jerusalem....

1011. Bank of Cyprus reports €401 million profit surge

In the latest financial report, Bank of Cyprus has reported a solid profit of €401 million for the first nine months of 2024—a 15% jump from last year’s €349 million. ...

1012. Part-time work declines in Cyprus, gender gap narrows

In 2023, the share of part-time workers in Cyprus for those aged 20-64 was at 8%, a slight drop from 9.1% in 2022. This trend of declining part-time work has been consistent in Cyprus since 2014...

1013. Sklavenitis expands in Cyprus, shaking up the supermarket scene

The Cypriot supermarket landscape is shifting as Greece's Sklavenitis Group officially takes over Papantoniou Supermarkets. With Competition Protection Commission approval, ...

1014. Mild temperatures with intermittent showers and thunderstorms expected

A weak low-pressure system is influencing the area today, bringing partly cloudy skies with intervals of thicker cloud cover. This morning, there’s a chance of isolated showers along the coast....

1015. Former NATO commander predicts tensions in Europe after Trump win

Donald Trump's victory in the 2024 U.S. presidential election will lead to significant global changes, according to retired U.S. Navy Admiral James Stavridis. ...

1016. Cyprus GDP and living standards improve, but challenges remain

Cyprus' living standards have continued to improve, with the country's GDP per capita reaching 95% of the EU average in 2023, according to recent data from the Statistical Service of Cyprus....

1017. Cyprus Police join European crackdown on unsafe truck and bus driving

Cyprus Police will step up roadside inspections on truck and bus drivers from Nov. 11 to 17 as part of a Europe-wide initiative to reduce traffic accidents and promote safer roads. ...

1018. Cyprus trade deficit drops by €1.18 billion as imports and exports decline

Cyprus’ trade deficit dropped significantly by 17.4%, or €1.18 billion, in the first nine months of the year compared to the same period in 2023, according to provisional data from the Statistical Service of Cyprus (Cystat). ...

1019. Frederick University to offer workshop on the CSRD and the impact of ESG on corporate risk and financing

Frederick University's Department of Business Administration and the Centre for Research in Entrepreneurship, Finance, and Strategy (CERFS) are organizing a workshop on the Corporate Sustainability Reporting Directive (CSRD) and the impact of ESG (Environmental, Social, and Governance) on corporate risk and financing which will be held on Wednesday, November 27th, from 16:00 to 19:00, at Frederick University in Nicosia (Seminar Room 1 - 1st floor - 7, Y. Frederickou str., Pallouriotissa)....

1020. Weekend rains bring floods across Cyprus; full forecast ahead (videos and pics)

Intense rainfall and hailstorms on Sunday caused flooding, road closures, and damage in several regions across Cyprus, triggering emergency responses....