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451. 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. ...

452. Cyprus grapples with energy future amid interconnector debate

The Cyprus Energy Regulatory Authority (CERA) has summoned ADMIE, the country's electricity grid operator, for a crucial meeting on July 15 to discuss new data that could potentially alter a decision barring charges to Cypriot consumers ahead of the Great Sea Interconnector project's implementation....

453. Industries expanded in 2022 as Cyprus saw more jobs, higher production

Cyprus saw more people employed in factories and related industries in 2022 compared to the year before, with a 3% increase in jobs. The value of goods produced also went up significantly by 21.2%....

454. Cyprus charts course for 2025 budget surplus

President Nikos Christodoulides announced during a Cabinet meeting on Monday that the government is on track to achieve a budget surplus for the fiscal year 2025....

455. Wolt welcomes historic collective agreement for delivery drivers

Wolt has welcomed the first-ever collective agreement in the fleet management sector, marking a major step forward for the industry. This agreement, reached through the joint efforts of the Ministry of Labour, fleet management companies, and unions, is set to benefit delivery drivers, businesses, and consumers....

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

457. Luxury retailers Saks and Neiman Marcus merge in big deal

A new luxury retail giant is emerging in the United States as the parent company of Saks Fifth Avenue acquires Neiman Marcus for $2.65 billion....

458. Temu, Shein & Ali Express: EU cracks down on Chinese imports

The European Union is taking steps to clamp down on the surge of low-quality Chinese imports flooding its markets. According to sources speaking to the Financial Times, the EU plans to impose tariffs on cheap products from platforms like Temu, Shein, and AliExpress....

459. Reflect Festival highlights traffic and housing challenges in Limassol

The recent Reflect Festival brought forth crucial discussions on pivotal issues affecting Limassol, prominently featuring traffic congestion and housing shortages as central topics. ...

460. President announces €10 Million boost for Cyprus tourism

President Nikos Christodoulides announced a €10 million increase in the 2025 budget for the Deputy Ministry of Tourism to enhance Cyprus's international promotion....

461. Great Sea Interconnector study outlines benefits July 11

The Greek Regulatory Authority for Energy (RAAEU) has made a significant decision regarding the methodology for calculating the regulated revenue......

462. Government halts heavy industry in Vasilikos

The Cypriot government has granted a long-standing request from the Vasilikos area's coordinating committee, prohibiting further heavy industry licensing in the region....

463. King Jason Zante Invites Guests to Experience the Art of Slow Living

On June 29th, 2024 King Jason Zante opens its doors and invites discerning travelers to embark on a journey of tranquillity......

464. Cyprus reconsiders defense strategy amidst global conflicts

The shifting geopolitical landscape in Europe, marked by the ongoing conflicts in Ukraine and the Israel-Hamas war, is prompting EU member states, including Cyprus...

465. Top Cypriot producers honored for their culinary excellence

Ten Cypriot agri-food producers were honored at the 10th ''Gastronomos'' Quality Awards on Thursday evening, June 27, 2024. The event, held at the old Nicosia Town Hall, celebrated a decade of achievements in Cypriot gastronomy and the promotion of local products....

466. 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......

467. Paphos hoteliers face mixed bag of occupancy rates in June

The hotel industry in Paphos province experienced a varied start to June, gradually improving as the month progressed, according to Euripides Loizides, President of the Paphos Hoteliers Association....

468. Paphos-Polis road project faces uncertain future

The long-awaited road project connecting Paphos to Polis Chrysochous, which began in May 2021, faces significant delays and potential abandonment. ...

469. Cyprus ship registry grows amid global tensions

Cyprus’ ship registry experienced an increase in ocean-going vessels in the first half of the year, reversing a two-year decline due to geopolitical tensions impacting global shipping, Deputy Minister for Shipping Marina Hadjimanolis announced....

470. Global giants eye battery storage project in Cyprus

Major global companies like Tesla and Samsung have expressed interest in developing a battery-based electricity storage system in Cyprus, according to Minister of Energy, Trade, and Industry George Papanastasiou. ...

471. DSV and UNICEF announce partnership to increase access to essential supplies for children worldwide

The new strategic partnership will provide rapid emergency responses while strengthening national supply chains....

472. Cyprus highlights its tech opportunities at London Tech Week

The Ministry of Energy, Commerce and Industry, alongside the Cyprus Trade Centre in London, represented Cyprus at the ''London Tech Week'' exhibition, held from June 10-12, 2024, at the Olympia Exhibition Center....

473. Stranded abroad? Here's what airlines must provide

Flight cancellations and lengthy delays are the primary issues frustrating travelers, according to Trade and Industry Officer Anastasia Stylianides. Addressing these concerns, Stylianides also clarified the rights of passengers when their flights are canceled....

474. Cyprus and Montenegro sign maritime cooperation agreement

Cyprus and Montenegro have signed a Memorandum of Understanding to mutually recognize the certificates of competency for merchant ship officers issued by both countries. ...

475. Foul play ruled out in Dr. Michael Mosley's death

The autopsy conducted on British TV presenter and author Dr. Michael Mosley, who was found dead on a Greek island on Sunday morning after a days-long search, has revealed no signs of foul play, according to local sources....

476. Passenger traffic up at Larnaca and Paphos airports amid drop in hotel bookings

Passenger traffic at Larnaca and Paphos airports increased by 4.26% in May 2024 compared to the same month in 2023, according to the Ministry of Transport, Communications and Works....

477. Cypriot team ''Brute Force'' takes NASA challenge by storm

''Brute Force,'' a Cypriot team, clinched the top prize at the prestigious NASA Space Apps Challenge award ceremony held at NASA Headquarters in Washington DC. ...

478. Eurobank's 'egg - enter grow go' wins top EBAN award for 2024

egg - enter grow go, Eurobank's business accelerator, has been awarded the prestigious distinction of Best Performing New EBAN Member 2024......

479. Montenegro's President Milatović to visit Cyprus

President of Montenegro Jakov Milatović is set to make a historic visit to Cyprus from June 6-8, marking the first official visit by a Montenegrin president to the country....

480. Tatar affirms growth of 'strong Turkish presence' in Cyprus

The Turkish Cypriot leader, Ersin Tatar, asserted during a lecture titled "Lessons Learned from the May 27 Coup and the Peace Operation in Cyprus......