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541. Net-billing to replace net-metering: What you need to know

Cyprus is set to transition from the current net-metering system to net-billing for new residential solar energy systems, with the backing of the European Union....

542. Cyprus banks hit record high profits despite ECB rate cuts

Despite the European Central Bank (ECB) preparing for its sixth interest rate cut since June 2023, bank profits in Cyprus have soared, marking two consecutive years of record earnings. ...

543. Hôtel-Dieu de France expands to Limassol

Investment in Limassol’s healthcare sector is gaining momentum, with the renowned Hôtel-Dieu de France hospital from Beirut set to establish a state-of-the-art medical center in the heart of the city....

544. Global fintech investment falls to seven-year low of $95.6 billion in 2024, but uptick in Q4’24 is a sign of cautious optimism says KPMG’s Pulse of Fintech H2’24

2024 was another difficult year for fintech, with just $95.6 billion of investment globally across 4,639 deals....

545. How Cyprus became the secret hub of the global porn industry

When people think of Cyprus, they picture sunny beaches, rich history, and perhaps a financial hub. But what few realize is that the island is also home to some of the world's biggest players in the adult content industry....

546. Lidl at its best: 15 years of dynamic presence in Cyprus

Lidl Cyprus celebrates 15 years of presence in the local market this year, a different celebration that shows us the character of the company, but also the reason why it has reached such a high level of preference among the Cypriot public. ...

547. Cyprus and the Netherlands: A strong but often overlooked bond

The Netherlands, a key player in both the EU and NATO, remains somewhat of an unknown entity in Cyprus—aside from Amsterdam’s popularity as a travel destination and the well-known football club Ajax....

548. Cyprus, US strengthen military alliance with special operations drill

The Cyprus National Guard and the United States Armed Forces recently wrapped up a joint military exercise aimed at enhancing cooperation and boosting operational readiness in special operations...

549. Revealing ''The Spy Who Betrayed Makarios''

A new book, The Spy Who Betrayed Makarios by Giorgos A. Georgiou, sheds light on intelligence operations in Cyprus from 1960 to 1974, exposing the recruitment of a key agent within President Makarios’ inner circle....

550. Ready, set, go! Police amp up road patrols for Green Monday traffic

The police, particularly the Traffic Department, will deploy significantly more personnel over the weekend and on Green Monday to ensure smooth traffic flow on highways and other roads....

551. Cyprus launches high-tech underwater drones to safeguard artificial reefs

Cyprus is making waves with a groundbreaking project that uses small, high-tech underwater drones to keep an eye on artificial reefs designed to help marine life thrive. ...

552. SkyUp Airlines to launch Larnaca–Chisinau flights in April

SkyUp Airlines is set to launch a new direct route between Larnaca and Chisinau, Moldova, starting April 19, 2025, with three weekly flights....

553. Barbershop battle brews in Nicosia’s old town as Cypriot barbers face extinction

In Nicosia’s Old Town, a quiet battle is playing out—one haircut at a time. On one side are the last five Cypriot barbers still operating in the walled city, clinging to tradition and fearing extinction. ...

554. Greek banks continue to invest in Cyprus with new acquisitions

Greek banks are showing no signs of slowing down when it comes to investing in Cyprus. ...

555. 33East Unites Cyprus’ Startup Ecosystem for Official Fund Launch

33East, a Cyprus-focused venture capital firm, is officially launching its debut fund with an event bringing together founders, investors, and key ecosystem leaders who share the vision of transforming Cyprus into a hive for innovation and entrepreneurship....

556. Isn't it ironic? Cyprus propaganda, politics, and the global stage.

A movie is being made in the occupied territories titled ''Aisie Went on Vacation'', which was also the code name for the Attila operation in 1974. They've even set up modern studios for creating TV series, as it seems they've grasped the importance of imagery in propaganda....

557. Police demand €45,000 for carnival security, sparks outrage

A €45,000 bill from the police to Limassol's local authorities for security at this year's Sunday carnival parade has stirred heated reactions, with municipal officials calling the demand unacceptable and legally baseless....

558. Pavlos Kontides named 'Man of the Year' at 23rd awards ceremony

The spotlight was on Cypriot sailing champion Pavlos Kontides on Wednesday, February 26, 2025, as he was awarded the prestigious Man of the Year title at the 23rd Bank of Cyprus Man of the Year Awards ceremony....

559. New protest bill sparks backlash over stricter regulations

The way protests and rallies are conducted in Cyprus is set to change drastically under the proposed Public Assemblies and Parades Law of 2025, which was submitted on Monday to the House Legal Affairs Committee....

560. Fintech giants eye Cyprus' small banks in race for European banking licenses

Cyprus’ small banks have become prime targets for global fintech companies and financial institutions, with potential acquisitions aimed at securing a European banking license. ...

561. Private company constructs power plant in Mari without permits

A private company has built key infrastructure to support the operation of a privately owned power plant in Mari without obtaining the necessary permits, according to a special report by the Audit Office....

562. Tragic loss of life in Gaza amid freezing conditions

In a devastating consequence of a severe cold snap in Gaza, six Palestinian infants have died from hypothermia, medical officials report....

563. Cyprus Police and Interpol hunt for source of false terror tip

Cypriot police, working alongside Interpol, are searching for the source behind a false tip that led to a dramatic anti-terror operation at Larnaca Airport....

564. Cyprus Airways Announces Adjusted Schedules Due to Greek Air Traffic Control Strike

Cyprus Airways wishes to inform passengers that due to the anticipated 24-hour strike by the Hellenic Air Traffic Controllers Union (coordinated under the ADEDY general strike) on Friday, 28 February 2025,...

565. Terror alert at Larnaca Airport as security forces scramble after tip-off (video)

A security alert was issued at Larnaca Airport on Monday morning after authorities received information that a suspected terrorist was aboard an incoming flight from Moldova....

566. Cyprus government unveils €60M investment plan to boost agriculture

The Cypriot government has rolled out a €60 million investment plan designed to boost the competitiveness and sustainability of the country’s agricultural sector. ...

567. New investment opportunities by AstroBank

AstroBank has listed for sale a large commercial and residential plot in Peyia, houses and other residential and agricultural land in Nicosia, Larnaca and Ammochostos....

568. Putin gives green light for western companies to return, but on Russia's terms

Russian President Vladimir Putin has opened the door for Western companies to return to Russia, but not without conditions....

569. Turkish media: Discontent over Cypriot Foreign Minister's visit to Syria

570. Illegal hunting of skylarks in Cyprus

Despite strict regulations prohibiting the hunting of skylarks after February 10, illegal hunting of the endangered birds continues....