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331. TechIsland, Invest Cyprus team up to attract global tech investment

In a move expected to enhance Cyprus’s appeal as a tech hub, TechIsland has signed an agreement with Invest Cyprus to attract more foreign investors, with a particular focus on the technology sector....

332. Horizon aircraft’s unique shape offers more room for passengers

As global demand for air travel grows, carbon emissions from aviation have risen faster over recent decades than those from rail, road, or maritime transportation. ...

333. RICS Cyprus Property Price Index with KPMG in Cyprus announces results of 2024 Q3

On behalf of KPMG in Cyprus, Christophoros Anayiotos, Board Member and Head of the Real Estate Industry Group, stated:...

334. BoC Fintech Hackathon 5.0: Fintech Ideas that can change the world!

The number of registrations exceeded all expectations since more than 200 people and more than 25 teams participated....

335. Cyprus faces 2024 deadline to align with EU regulations on foreign investments

Cyprus faces a deadline by the end of 2024 to align with the European regulation governing large foreign investments....

336. Greece watches U.S. election as it pursues defense autonomy

As the U.S. holds its presidential election, Greece closely monitors the outcome, knowing it will influence the country’s defense and foreign policy ties with Washington. ...

337. Cyprus government revisits foreign investment control amid hospital takeovers

The foreign investment control (FDI) bill, often referred to as the ''Lonestar'' bill, has resurfaced in Cyprus, prompting fresh discussions about foreign ownership of critical sectors, according to a report by Panayiotis Rougalas in this Sunday's Kathimerini. ...

338. Politico: EU urged to establish spy agency to combat espionage

The European Union needs a dedicated intelligence agency to strengthen defense against espionage and foreign interference, according to a new report from former Finnish President Sauli Niinistö, released Wednesday....

339. President urges faster completion of 88 major projects

Cyprus President Nikos Christodoulides urged ministers to accelerate the government’s agenda of 88 key projects for the administration’s second year, Deputy Minister to the President Irene Piki announced after a recent Cabinet meeting. ...

340. President unveils €30 million plan to revitalize Troodos region

President Nikos Christodoulides has unveiled a comprehensive plan aimed at revitalizing the Troodos mountainous region, with more than 20 major projects and policy actions set to be implemented. ...

341. Chaos in Rhodes as migrant camps take over city center

Rhodes is facing a growing crisis as areas like Eleftherias Square and Therma have transformed into informal migrant camps, creating a suffocating environment in the city center....

342. Cyprus reaches agreement for delivery of FSRU

The Cypriot government and a Chinese consortium have come to an agreement for the delivery of the floating storage regasification unit (FSRU) ''Prometheus,'' which is expected to be finalized within 60 days....

343. Massive cyber attacks target key websites in Cyprus

In the past 24 hours, Cyprus has been hit by a series of major cyber attacks, targeting both government websites and critical internet infrastructure....

344. Vasilikos terminal in limbo as negotiations hang by a thread

According to Apostolos Tomaras in today's Kathimerini, four months after the Chinese consortium pulled out of the construction of the Vasilikos terminal, efforts to fill the gap are still getting started....

345. Water crisis looms as Cyprus dams hit 27%

Cyprus is grappling with a severe water shortage as the ongoing drought pushes the country's dam capacity to worrying levels. According to Gianna Economidou......

346. Hermes Airports website under attack, authorities assure no disruption

Hermes Airports' website was targeted in a cyberattack today, but initial reports indicate that airport operations remain unaffected, the company said. ...

347. Cyprus on high alert after cyberattack threat by hackers

Cyprus state services are closely monitoring developments following a warning of an imminent cyberattack targeting the country's critical infrastructure, although no attack has occurred yet, according to well-informed sources....

348. Cyprus' infrastructure shines as MED9 Summit boosts tourism

349. Flight cancellations leave Air Haifa struggling for passengers

Air Haifa, a new low-cost airline, completed its inaugural flight on the Tel Aviv-Larnaca route yesterday morning. Upon returning from Larnaca, passengers were surprised to find the flight nearly empty, a rare occurrence during this peak travel season for the Israeli aviation industry....

350. Disputes delay Pafos-Polis Chrysochous motorway project

In today's Oikonomiki, Dorita Yiannakou reports that the ongoing dispute between the Greek construction company Intrakat and the State over the Pafos-Polis Chrysochous motorway project has led to a stalled construction timeline and potential penalties. ...

351. Calum Chace: How AI will change everything—Are we ready?

Calum Chace, a well-known expert in Artificial Intelligence (AI), recently took the stage at the Digital Agenda Cyprus Summit 2024 to share his insights into the future of AI and its impact on our world....

352. 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....

353. Digital tools launched to improve Nicosia's urban life

Nicosia Mayor Charalambos Proutzos emphasized the importance of enhancing citizens' quality of life through smart technologies, stating, "Our goal is not just......

354. Limassol office costs outpace London and Amsterdam

Office rental prices in Cyprus, particularly in Limassol, have exceeded those in cities like London and Amsterdam, according to major tech companies operating on the island....

355. Cyprus to fast-track 22,000 asylum applications

The reduction in migration flows due to government measures offers Cyprus the opportunity to speed up the processing of 22,000 pending asylum applications, said Deputy Minister of Migration and International Protection, Nikolas Ioannides....

356. Cyprus projects €1.13 billion fiscal surplus for 2025

Cyprus is on track to achieve a fiscal surplus of €1.13 billion in 2025, amounting to 3.3% of GDP, according to the state budget presented to the House of Representatives on Thursday. ...

357. Israeli troops launch ground offensive in Lebanon targeting Hezbollah

Israeli forces have launched a ''limited, localized, and targeted'' ground operation inside southern Lebanon aimed at Hezbollah, the Israeli Defense Forces (IDF) confirmed on Tuesday....

358. IDF claims significant strikes: At least 44 killed in recent attacks on Hezbollah

Israel’s military carried out dozens of strikes on Hezbollah targets early Sunday, as reports surfaced of the assassinations of two more senior Hezbollah commanders following the killing of the militant group's leader, Hassan Nasrallah, in a southern Beirut suburb....

359. U.S. business leaders eye investment opportunities in Cyprus

U.S. businessmen and executives expressed keen interest in pursuing business opportunities in Cyprus during a Wednesday working lunch with President Nikos Christodoulides in New York....

360. Cyprus falls behind on EU recovery plan, meets only 5% of targets

In today's 'Oikonomiki', Panayiotis Rougalas reports that Cyprus has only achieved 5% of the milestones outlined in its Recovery and Resilience Plan (RRP), falling far behind other European Union countries in implementing reforms tied to the EU’s Next Generation funding program....