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811. MPs move forward with divestment changes

MPs are displaying a resolute determination to press ahead with crucial changes to the divestment framework before the parliamentary summer recess....

812. Direct flights to Kazakhstan from Cyprus in 2024

Deputy Minister of Tourism Kostas Koumis has expressed the belief that in 2024 Cyprus and Kazakhstan will have a direct flight connection....

813. Bank of England raises interest rates to 5%

The Bank of England has raised interest rates by a half point to 5% as part of its efforts to combat high inflation and rising mortgage costs. ...

814. US approves sale of lab-grown chicken

The U.S. Department of Agriculture (USDA) has granted approval for the sale of cell-cultured chicken, marking a significant milestone for the cultured meat industry....

815. Cyprus Airways Upgrades Fleet to A220, Unveiling Joint Conference with Airbus at Paris Air Show 2023

816. Assessing Christodoulides' stance on the tourism sector

Judging from President Christodoulides' recent remarks on his 100-day governance report, it seems that the sectors of Shipping and Tourism are relatively low on his list of priorities....

817. Nicosia attracts millions in investment opportunities

A new investment exceeding 60 million euros is currently in the study phase, focusing on the development of a strategically positioned plot in Nicosia. ...

818. Cyprus changes tack with plan for gas link to Israel

Cyprus hopes to develop plans for a pipeline linking it to Israel's east Mediterranean gas fields during talks which start next month, the island's top energy official told Reuters...

819. Visa fraud scandal widens after airport arrest

Cyprus Police made headway in an investigation into visa fraud over the weekend, following an airport arrest in connection with an illegal network where Syrians rejected for refugee status ended up paying middlemen for subsidiary protection...

820. Maritime security partnerships for Cyprus

The Republic of Cyprus and the United States have achieved a mutually beneficial deepening of defense cooperation during their second meeting of the bilateral Security and Defense Dialogue....

821. Cablenet: The Fastest Growing Mobile Network

822. EU parliament wants Cyprus to drop spy games

The European Parliament approved on Thursday a text including a series of recommendations to the EU institutions and to member states, including targeted recommendations on Cyprus regarding its reported role as an export hub for spyware ...

823. Chocolate prices to surge

Chocolate enthusiasts should brace themselves for price hikes in the near future, as cocoa prices continue to soar. ...

824. Cabinet approves Deputy Ministry for Migration and Asylum

The Council of Ministers approved on Thursday the bill for the establishment of a Deputy Ministry for Immigration and Asylum....

825. ECB raises interest rate to 3.20% in ongoing tightening campaign

The European Central Bank (ECB) has announced its decision to raise the interest rate to 3.20%, marking another step in its ongoing monetary policy tightening campaign. ...

826. US citizens exit Portugal as demand for 'golden visas' plummet 37%

Following the abolishment of the Golden Visa scheme of Portugal some expatriates are leaving the country, based on the report of Bloomberg....

827. EU demands Google breakup over antitrust concerns

European Union regulators hit Google with fresh antitrust charges Wednesday, saying the only way to satisfy competition concerns about its lucrative digital ad business is by selling off parts of the tech giant’s main moneymaker....

828. Cyprus calls for medicine market reform

Health Minister for Health Popi Kanari said that Cyprus is in favor of the creation of a single market for medicines, and highlighted the problems that Cyprus faces regarding medicine access as a small member state, during the second day of the Employment, Social Policy, Health and Consumer Affairs Council (EPSCO) of the EU, which was held on Tuesday in Luxembourg in its Health Ministers configuration....

829. Anticipating the arrival of natural gas in Cyprus

After attending a workshop on energy issues in Nicosia and engaging in meetings with stakeholders in the UK, George Papanastasiou, the Minister of Energy, Trade, and Industry, is now embarking on a two-day working visit to Israel. ...

830. Cablenet and Plume expand partnership in intelligent connectivity for Cyprus homes

Cablenet and Plume joined forces once again in Nicosia to celebrate their successful collaboration and discuss plans for future expansion. The two partners in intelligent connectivity convened to review their market achievements and explore opportunities for growth....

831. Nicosia real estate market surges, indicating recovery

Nicosia, the capital city, has broken free from a six-month period of stagnation, exhibiting promising signs of recovery....

832. Aegean and Cyprus Airways join forces with code-sharing agreement

In a significant move that aims to enhance connectivity and offer improved travel options, Aegean and Cyprus Airways are preparing to announce strategic cooperation through a code-sharing agreement....

833. €1 million to boost Turkish Cypriot cheese exports

The European Commission's EU-funded assistance program aimed at eradicating zoonotic diseases (those that jump from animal to human) in dairy animals in areas not under the effective control of the Government of the Republic of Cyprus was officially launched today....

834. Regulatory change delays electric air taxi market entry

The era of electric air taxis is near, but a regulatory change has created an obstacle for manufacturers. ...

835. Finance minister warns of VAT consequences

With the deadlines long expired and the saga of amending the Value Added Tax Law to apply the reduced rate of 5% to specific residential square meters dragging on, Finance Minister Makis Keravnos sounds the alarm, emphasizing the palpable risk of Cyprus being taken to the European Court and fined....

836. Cyprus's slow ride on the electric car bandwagon

We are slowly rushing towards zero-emission transportation. The data from new vehicle registrations indicate that while the numbers are increasing, the percentage of electric cars on Cypriot roads remains limited....

837. Registered jobless numbers drop in May indicating declining unemployment

According to data from the Provincial Labour Offices, the number of registered unemployed individuals at the end of May 2023 decreased to 10,357 persons, marking a decline compared to both the previous month and May of the previous year....

838. AI-driven job losses surge marking a disturbing trend

Almost 4,000 people who were laid off in May lost their jobs because of artificial intelligence, and it's the first time AI has been listed in the monthly report from Challenger, Gray, and Christmas....

839. IMF says Cyprus untouched by war fallout

The economy of Cyprus is expected to slow to around 2.5% in 2023, reflecting an erosion in household incomes, tighter financial conditions, and delayed impacts from sanctions against Russia, International Monetary Fund forecasts, after the conclusion of the Article IV consultation with Cyprus...

840. TechIsland and Mercer Join Forces to Revolutionize Tech Industry Compensation in Cyprus

A new era for the booming Tech Industry...