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421. 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....

422. President Christodoulides hosts FBI Assistant Executive Director

President Nicos Christodoulides hosted a meeting today with FBI Assistant Executive Director Michael Nordwall at the Presidential Palace. During the meeting, President Christodoulides highlighted the strong ties between Cyprus and the United States, ...

423. Cyprus remains a strong innovator in European rankings

Cyprus maintains its position as a Strong Innovator in the European Innovation Scoreboard for the 3rd consecutive year, the Deputy Ministry of Research, Innovation and Digital Policy said on Monday....

424. Domestic violence cases on the rise in Cyprus

Reports of domestic violence in Cyprus have seen a significant rise, with incidents reaching alarming numbers, Justice and Public Order Minister Marios Hartsiotis told a parliamentary committee on Monday....

425. Ikea to open store on New York's chic 5th Ave

IKEA is set to open a new store in the heart of Manhattan's Fifth Avenue shopping district, serving as the prime anchor of a new office tower, the majority owner of IKEA stores announced Tuesday....

426. Boeing to plead guilty and pay $243.6M fine in 737 MAX settlement

Boeing has agreed to plead guilty to a criminal fraud conspiracy charge and pay a $243.6 million fine to settle a U.S. Justice Department probe into its involvement in two fatal crashes of the 737 MAX aircraft that resulted in the deaths of 346 people in Indonesia and Ethiopia between 2018 and 2019....

427. Court detains suspect in Metamax pyramid scheme

A 54-year-old man arrested in connection with the ''pyramid'' fraud scheme known as Metamax has been ordered detained for eight days by the Limassol District Court, according to proceedings held on Saturday, July 6th. ...

428. Alphamega and Bean Bar ranked among the top 20 Investors in People employers worldwide

429. Cyprus banks receive upgrades, signal economic resilience

In a series of significant upgrades for Cypriot banks, Fitch Ratings has elevated the Bank of Cyprus and Hellenic Bank's credit ratings, underscoring a positive trajectory for the country's financial sector, according to a report by Panayiotis Rougalas in this Sunday's Kathimerini....

430. Letter from retired Deputy Chief exposes serious issues in Cyprus National Guard

The recently retired deputy chief of the Cyprus National Guard, Lieutenant General Loukas Hadjimichael, has raised serious concerns about the state of the military force in a farewell letter....

431. Cyprus requests €89.2M in EU grants for recovery plan

The European Commission received a payment request on Thursday from Cyprus for €89.2 million in grants, netting €76.9 million after pre-financing....

432. 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. ...

433. Skip transporters plan mid-July protest over illegal dumping

Skip transport professionals are organizing a protest for mid-July, accusing the government of failing to supervise and stop illegal rubble transport and dumping, which harms licensed operators and the environment according to a report by Pavlos Neophytos....

434. Wildfire erupts in Paphos district, homes threatened (video)

A wildfire erupted Thursday afternoon in the Paphos district, specifically in the area between Polis Chrysochous and Skoulli. According to local residents, the fire is threatening homes in the vicinity....

435. Real estate investment opportunities by AstroBank

AstroBank has listed for sale a commercial property consisting of three shops in Larnaca as well as residential and agricultural real estate ideal for investment in Larnaca, Paphos, and Famagusta....

436. Athens warns Nicosia to reverse delays in power grid project

The ambitious electricity interconnection project linking Cyprus with the European power grids through Greece faces significant hurdles as tensions rise between Athens and Nicosia....

437. Man shot dead in Pegeia during gathering

Police are investigating a premeditated murder in Pegeia, involving 43-year-old Stylianos Stylianou....

438. Younger tourists are choosing Cyprus in the winter

In a bid to extend Cyprus's tourism season, a recent survey commissioned by Hermes Airports highlights promising opportunities for bolstering winter tourism, according to a report by Pavlos Neophytos....

439. Auditor-General challenges pension misconduct claims

Auditor-General Odysseas Michaelides addressed several contentious issues during the third day of hearings at the Supreme Judicial Council, which is reviewing Attorney General George Savvides' request to dismiss Michaelides for alleged misconduct....

440. Dior bags assembled for €53, sold at €2,600

Italian authorities have uncovered stark realities behind the glitz of fashion catwalks and luxury boutiques during recent raids on local factories and workshops involved in the production of Dior and Armani handbags....

441. New pyramid scheme preys on Cypriots promising big profits

In a report by Hectoras Georgiou from Kathimerini, a new company named Metamax has recently popped up in Cyprus, promising substantial profits to users through its application. ...

442. Execution-style murder of civil engineer linked to Mykonos activities

Police are intensifying their investigation into the murder of 54-year-old civil engineer Panagiotis Stathis, who was fatally shot on Tuesday morning outside his company's offices in Psychiko, a northern suburb of Athens....

443. AstroBank wins international recognition for the second consecutive year

AstroBank has been named Best Private Bank – Cyprus by the Global Private Banking Innovation Awards 2024 for the second consecutive year. ...

444. ECB concerned over Cypriot bank profit tax proposal

In 2023, Cypriot banks reported unprecedented profits, marking a 15-year high, with projections suggesting even greater earnings in 2024....

445. 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......

446. Cyprus higher education sees doubling of student enrollment over past decade

Health Minister Michalis Damianos praised the dramatic growth of Cyprus' student population during a graduation ceremony at the University of Frederick in Nicosia on Friday....

447. Consulco hosts London Gin Night for its partners

Consulco Group hosted three unique cocktail parties, under the name “London Gin Night”, dedicated to its customers and partners. ...

448. Electronic building permit applications start July 1 in Cyprus

Starting Monday, July 1, 2024, the Cyprus Ministry of Interior will mandate the electronic submission and examination of applications for building permits, following the Roads and Buildings Regulation Law. ...

449. Is Larnaca the new Limassol?

Larnaca is dynamically emerging as a key player in investments and major developments, making significant strides in recent years and capturing a new image....

450. Why building a home is rare today

As discussed in our previous article, the housing landscape in our country is changing, with home ownership rates decreasing and aligning with the European average. ...