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1291. Billionaires choose Abu Dhabi as global wealth safe haven

In a surprising trend, billionaires including Zhao Changpeng, the Adani family, Ray Dalio, and Vladimir Lisin are flocking to Abu Dhabi's international financial center, establishing special purpose vehicles (SPVs) to safeguard their fortunes....

1292. Farmers rally at Presidential Palace over subsidies

In a dramatic turn of events today, potato and wheat farmers engaged in clashes with the police during their protest outside the Presidential Palace....

1293. Occupied territories witness a 33% surge in visitors

In the first 10 months of this year, the influx of visitors to the occupied territories through land entry points and ports saw a remarkable increase of 33% compared to the corresponding period last year, totaling 1,520,604 individuals....

1294. Cyprus and France seal the deal on tax cooperation

In a milestone development, Cyprus and France have solidified their commitment to combat double taxation through the signing of a renewed Convention on the Elimination of Double Taxation....

1295. Allegations of forced population shift amidst Gaza offensive

In a recent development, an Israeli government spokesperson, Eylon Levy, vehemently denied what he termed as ''outrageous and false'' allegations....

1296. Postal workers strike over burnout and job insecurity

In a decisive move, 300 members of the Branch Council of Postal Distributors, part of the Pancyprian union "Equality," launched a strike today, set to last until Friday....

1297. Surge in bounced checks worth €1.6 million in 2023

1298. President's clash with Auditor General escalates

When Nikos Christodoulides expressed bitterness and heartache after the publication of the auditor general's report on the benefits he received as a government representative and seconded civil servant, questions arose about the conflict between the president and the auditor general....

1299. Cypriot bonds hold firm at €6.75 billion amid ECB moves

As of the end of November, data from the Cypriot Central Bank reveals that the Eurosystem maintained its holdings of Cypriot bonds valued at €6.75 billion...

1300. Cyprus economy receives positive rating boost

Fitch, the International Rating Agency, upgraded Cyprus' long-term rating to positive, citing economic resilience and fiscal strength. The agency affirmed the 'BBB' rating, previously upgraded in March 2023. ...

1301. Cyprus welcomes historic visit from Iraqi president

In a historic meeting at the Presidential Palace, President Nicos Christodoulides of the Republic of Cyprus welcomed President Abdul Latif Jamal Rashid of Iraq, who is on an official visit to Cyprus....

1302. Government employment hits record high

In ongoing discussions about new hires and the 2024 budget in Parliament, the focus is on the remarkable increase in government employment, surpassing levels from 2012....

1303. Defying dictatorship

In their quiet struggle for freedom and democracy, the people of Belarus represent a beacon of courage and resilience. Despite decades of authoritarian rule and systematic repression, they are relentless in their pursuit of a life of liberty. It is a battle that, especially in this moment of global instability, cannot be forgotten....

1304. Israelis alarmed at security hole in occupied territories

Benjamin Netanyahu's announcement, following Kathimerini's revelation that the Cyprus Intelligence Service prevented a strike against Israelis by arresting two Iranians linked to the Iranian Revolutionary Guards, ...

1305. Planned attack against Jews in Cyprus thwarted

The Cypriot police arrested two Iranians last month, alleging their connection to the Iranian Revolutionary Guards of Iran (IRGC), targeting Jewish citizens in Cyprus....

1306. Employers positive on minimum wage adjustment

Employers express positivity towards a potential partial adjustment of the minimum wage in discussions led by OEB's General Director, Michalis Antoniou....

1307. Cyprus sees uptick in COVID-19 cases amid winter surge

Dr. Christos Charalambous, from the Epidemiological Surveillance and Control of Infectious Diseases Unit of the Health Ministry, reported a slight increase in COVID-19 cases in Cyprus in recent days....

1308. How locals can mitigate the risks of Cyprus' new citizenship rules to attract tech talent

Cyprus's recent initiative to boost its technology sector by offering tax breaks and fast-track naturalization to third-party nationals is a strategic move that could significantly reshape its economy and society....

1309. 15.7% spike in building permit values

Despite the drop of total number of building permits during the first nine months of 2023, compared to the same period of 2022, their total value recorded an increase of 15.7%, and their volume went up by 2.9%....

1310. Cyprus battles antibiotic overuse

In a recent press conference, The Pathological Society of Cyprus highlighted the alarming statistic that 1 in 2 citizens annually take antibiotics, leading to Cyprus outpacing other European countries in antibiotic consumption....

1311. Erdogan: ''My friend Kyriakos, we will not threaten you if you do not threaten us''

Turkish President Recep Tayyip Erdogan talks about all issues concerning Greek-Turkish relations in an exclusive interview with K, twenty-four hours before he arrives in Athens, stressing that he is looking forward to "a new page" based on the ''win-win principle''....

1312. 'Ktrends' survey reveals public dissatisfaction with Cyprus government

In a recent economic survey conducted by ''Kathimerini,'' the fifth wave of ''Ktrends'' highlights notable trends in economic, household, and market dynamics for October 2023. ...

1313. Land sales to foreigners restricted in occupied territories

Dursun Oguz, the interior minister, announced new restrictions on land sales to foreigners in the occupied territories during his visit to Ankara....

1314. Cyprus records remarkable 6.7% jump in industrial index

The latest data from the Industrial Turnover Index for September 2023 show an annual increase of 0.6%, reaching 206.6 units (base 2015=100), compared to the figures recorded in September 2022....

1315. Cyprus Airways connects the Island to the heart of Europe

Cyprus Airways announced today that it will be commencing twice weekly services, every Monday and Thursday, between Larnaca and Brussels International Airport, on the 5th of February. These will be increased to three weekly flights as from Summer 2024....

1316. Raindrops, thunderclaps, and a temperature tap dance!

Today, anticipate a day of weather surprises! Clouds will play peekaboo, bringing occasional rain and isolated thunderstorms, especially in the western and northern regions. ...

1317. Police investigate 494 cases of domestic violence in just 2 months

In just two months—September and October 2023—Cyprus Police investigated a staggering 494 cases of domestic violence, leading to the issuance of 93 arrest warrants. Nicosia reported 131 cases, Limassol 135, Larnaca 117, Paphos 37, Famagusta 68, and Morphou 6, highlighting a pervasive issue across the island....

1318. Greece sends aid to Cyprus amidst refugee concerns

In response to Cyprus' request for assistance through the European Civil Protection Mechanism (UCPM), Greece swiftly dispatched humanitarian aid to bolster the island nation's preparedness for potential increased refugee inflows originating from the Middle East....

1319. Mortgage-to-Rent scheme sparks overwhelming interest as call centers inundated

In a significant response to the newly launched 'Mortgage to Rent' Scheme by the implementing agency, KEDIPES, the service center has been inundated with hundreds of calls since the official commencement of the initiative today....

1320. Foreclosure showdown escalates with parliament vote

The Greek government is set to present legislation in Parliament this Friday addressing borrower protection in relation to foreclosures....