Search

121. Real estate investment opportunities by AstroBank

AstroBank is selling an unfinished commercial building in Strovolos and other commercial, residential and agricultural properties that are ideal investment opportunities in Nicosia, Famagusta, and Paphos....

122. ECB cuts Cypriot bond holdings to €6.38 billion

The value of Cypriot sovereign bonds held by the Eurosystem, as part of the Public Sector Purchases Programme (PSPP) and the Pandemic Emergency Purchases Programme (PEPP) declined to €6.38 billion......

123. FT: China set to hit PwC with record penalty amid Evergrande fallout

PwC China has informed its clients that it expects Chinese authorities to impose a six-month business ban starting as early as September, following its audit of the now-collapsed property developer Evergrande....

124. Cyprus finalizes 2025 budget with focus on export growth

The Council of Ministers is set to finalize discussions on the 2025 state budget by mid-September, as confirmed by Finance Minister Makis Keravnos. ...

125. EU Commissioner salaries: Over €310,000 a year

As the European Commission prepares to unveil its 26 new Commissioners, Cyprus has nominated former Minister and Professor Kostas Kadis for the role....

126. Paris ranks as Europe’s most expensive city for housing

Paris remains the most expensive city in Europe for free-market housing, with an average price of 14,900 euros per square meter, according to a report by Deloitte....

127. The Cypriot Hill Station

"Next Thursday, His Excellency the High Commissioner will depart from here with his family to go to his residence in Troodos for a vacation."(June 25, 1910). ...

128. Ariston pastry shop to relocate after 57 years

Ariston, the beloved pastry shop that has been a culinary landmark in Cyprus since 1967, is set to move to a new location in mid-September...

129. Bank of Cyprus sees 23% profit growth, raises financial targets

The Bank of Cyprus has announced a 23% increase in its profit after tax for the first half of 2024, reaching €270 million, compared to the same period in 2023. ...

130. Cyprus sends firefighting planes to North Macedonia

Cyprus has dispatched two firefighting planes to North Macedonia to aid in battling forest fires in the Chashka and Sveti Nikole regions, the Department of Forests announced Wednesday....

131. Epic Double: Ookla and umlaut rank Epic once again at the top of telecommunications in Cyprus, for its Fixed Internet and Mobile Networks respectively

Epic continues to stand at the top of telecommunications in Cyprus, with two new international awards that are the culmination of its continuous investments in the development of a state-of-the-art, ultra-fast and reliable mobile and fixed internet network, offering an epic communication experience with innovative solutions, continuous evolution, and dedication to excellence....

132. Cyprus sees fuel price drop by 2-3 cents

Cypriot households burdened by rising living costs are getting a reprieve as fuel prices drop, with further reductions expected by the end of August....

133. FT: Global stock markets tumble amid US recession fears

Global stock markets experienced significant declines on Monday as concerns about a potential US recession led investors to abandon risky assets....

134. Olympic Men's Triathlon postponed due to Seine water contamination

The men's triathlon at the Olympic Games has been postponed due to poor water quality in the River Seine, despite significant investments in infrastructure. ...

135. How much does it cost to stay in Limassol or Ayia Napa this August?

August remains the prime month for holidays, with the period around August 15 being especially popular. ...

136. Cyprus eyes key EU portfolio in von der Leyen’s second commission

As EU member states finalize the 26 names for Ursula von der Leyen's second European Commission......

137. Large residential fields for sale by AstroBank

138. Historic Artemis statue found at Kourion site

A marble statue of Apollo’s twin sister Artemis dated to the fourth century CE was found during the 2024 final excavation season of the Kourion Urban Space Project....

139. Unlock low fares while traveling in the summer with Wizz

Wizz Air, Europe’s largest and the most sustainable airline globally*, announces that Cyprus has officially joined the rest of the countries in offering WIZZ MultiPass, Europe's first flight subscription plan....

140. Kuwait sends 200 tonnes of aid to Gaza via Cyprus

A delegation from Kuwait’s Al-Salam Association for Humanitarian and Charitable Works is set to send around 200 tonnes of humanitarian aid to Gaza’s civilian population via the Amalthea humanitarian corridor to the port of Ashdod, Israel....

141. Higher than normal temps to persist through mid August

Higher than normal temperatures and heatwave episodes are expected for the rest of July until almost the mid of August, according to the Cyprus Department of Meteorology and the Climate Watch of the German Meteorological Service (DWD) for the eastern Mediterranean region....

142. Cyprus records hottest June ever

Temperatures recorded in Cyprus this June were extremely high, both the daily maximum and daily minimum temperatures as well as the average daily temperatures. ...

143. $230 million humanitarian aid pier to be dismantled

U.S. officials announced Thursday that the man-made pier intended to facilitate the delivery of humanitarian aid to Gaza will be dismantled due to persistent operational challenges....

144. Stranded and struggling: Asylum seekers in Cyprus' UN buffer zone

The UN Buffer Zone in Cyprus has become a temporary refuge for asylum seekers who arrived via Turkey, with 25 individuals currently stranded in the Aglantzia area....

145. Over 250 cases of infant malnutrition reported at Gaza hospital

The survival rate for newborn babies in Gaza is alarmingly low. At The Kamal Adwan hospital in northern Gaza, newborns, often premature, struggle to survive in the malnutrition ward....

146. 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....

147. 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......

148. Yet another extension granted to Cyfield for Nicosia motorway

The Ministry of Transport, Communications, and Works has approved yet another extension for the construction of the Nicosia peripheral motorway, pushing the completion date to mid-August 2024. ...

149. 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. ...

150. 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....