Search

1. XM invests in ARIS for future entrepreneurs

XM, an international company that has established itself as a leader in the investment industry in forex, CFD in shares, metals and more, actively supports education and skills development initiatives through its sponsorship of ARIS (A Really Inspiring Space)....

2. CERA proposes reduced electricity increases amidst parliamentary discussion

The head of Regulatory Energy Cyprus (Cera), Andreas Poulikkas, briefed the Parliament's Finance Committee on the latest proposals submitted by the Electricity Authority of Cyprus (EAC) for review. ...

3. The intriguing story behind the Apple watch controversy

In 2013, an executive from a medical device company presented an enticing proposal to Tim Cook, Apple's CEO—an entry into the medical device space...

4. €16 billion in energy investments for 2021-2030

Cyprus' investment footprint in the energy sector is small but not insignificant, with expected investments in the sector amounting to over €16 billion for the decade 2021-2030, experts said at the third and fourth sessions of the 11th energy symposium, organised by FMW and the Institute of Energy of South East Europe in Nicosia on Tuesday....

5. Cyprus leads push for Gaza humanitarian corridor

Nicosia is actively pursuing the creation of a humanitarian corridor to provide much-needed aid to Gaza amid the ongoing Israeli-Hamas conflict and the Israeli Defense Forces' ground operations in the Palestinian enclave. ...

6. Trial for alleged Ayia Napa tourist rape postponed to October 16

The trial for the alleged rape of a tourist that occurred on September 3 in Ayia Napa and was originally scheduled to begin today, has been postponed and rescheduled for October 16 before the Permanent Criminal Court of Famagusta....

7. Five suspects to remain in custody until trial

In a decision made today by the Famagusta District Court, the five suspects involved in the alleged rape of a 20-year-old tourist on September 3rd in Agia Napa will remain in custody until the commencement of their trial, scheduled for October 5th....

8. Tourist's nightmare continues - Five in custody in Ayia Napa

In a legal proceeding set to commence on October 5 at the Permanent Criminal Court of Famagusta, five individuals, aged 20 and 19, and identified as foreigners, have been formally accused of their involvement in aiding police investigations....

9. EuroAsia interconnector seeks alternative funding

The developer of the EuroAsia Interconnector is seeking alternative funding avenues to construct Cyprus' electricity interconnection with the European Union, following the European Investment Bank's rejection of a loan request. ...

10. Excess renewable energy poses challenges for Cyprus

There is an excess production from renewable energy sources that could be extracted, stated the spokesperson of the Cyprus Transmission System Operator (TSO) to CNA....

11. EAC maintains dominant position in Cyprus' energy production market

The highest electricity market share in the EU was recorded in Cyprus (88%), reflecting the dominance of the Electricity Authority of Cyprus in the country’s energy market, Eurostat data published on Tuesday show....

12. Pilides: Government to push for more home solar panel installations

The Government does not intend to stop the measure that encourages the installation of solar panels in homes, but to enhance it, the Minister of Energy, Trade and Industry Natasa Pilides pointed out on Friday....

13. Economic events that will be remembered in 2022

The energy crisis, which intensified after Russia's invasion of Ukraine and resulted in skyrocketing gas prices, took the lead throughout the year....

14. The winners and losers of the Archiepiscopal elections

The primary topic of discussion in the first round of voting last Sunday was the creation of the tripartite list from which the Holy Synod will select the incoming Primate of the Church of Cyprus. It cannot, however, be considered the only one....

15. Tying up loose ends at Hellenic

Hellenic Bank experienced several changes in 2022, as it closed outstanding issues while also opening new chapters. Hellenic Bank made changes to its top management, staff, shareholding composition, and labor issues in the fourth quarter of 2022, ...

16. Digital controversies

The three front-runners for the presidency of the republic laid out their objectives and ideas for tackling various issues and the nation's shift to a digital economy....

17. Photovoltaic systems are increasing in popularity in Cyprus

With inflated electricity prices hitting households and businesses, the installation of photovoltaic systems, or solar panels, comes as an attractive solution for more and more consumers....

18. An increase of 50% in subsidies for roof thermal insulation and photovoltaic systems

With a budget increased by 40%, and a potential to increase even further and with increased grants by 50%, the Grant Scheme for thermal insulation on roofs and installation of photovoltaic systems in houses was announced by the Ministry of Energy, Commerce and Industry during a web conference, on Tuesday....

19. Euler Hermes is now Allianz Trade

Todaymarks a new chapter in our story: Euler Hermes, the world leader in trade credit insurance, becomes Allianz Trade – a natural moveas we have been fully part of the Allianz Group since 2018...

20. Anastasiades stresses important steps for strategic planning in energy sector

The President of the Republic, Nicos Anastasiades stressed on Monday the important steps that have been taken in the last two years within the framework of the Government`s strategic planning in the energy sector....

21. Developments in the first few hours of the Russian invasion of Ukraine

Kharkiv - Fierce battles Fight in the cities, in the squares, where you live said in his sermon the President of Ukraine...

22. Nouris calls on EU partners to conclude agreement between FRONTEX and Turkey

Cyprus Minister of Interior, Nicos Nouris, has called for the conclusion of a Status Agreement between FRONTEX and Turkey, as a matter of urgency and as a condition for additional EU support to Turkey....

23. The new investment game

Accelerating the transition to a green economy is a no-brainer. It is no coincidence that it accounts for 36.3% of the total budget of the Recovery and Sustainability Plan...

24. Government subsidies for electric vehicles

The car market is going through a difficult period, as evidenced by the statistics of new motor vehicle registrations....

25. Deaths are high, cases and hospitalizations are declining

As in August, we await an equally difficult September in terms of the number of COVD-19 patients who fell ill and ended up in an Intensive Care Unit (ICU). ...

26. COVID-19 to disrupt holiday shopping plans

27. Bill to update definition of rape, tighten penalty to life

A bill tightening the penalty for rape to life in prison is set to be tabled before Parliament next week....

28. Shift in global funding led by private capital

Private equity firms now manage commitments of nearly US$3.4t globally, up from less than US$500b in 2000, and in a significant shift new capital from private markets has surpassed for capital raised in public markets for the first time ever...

29. Probative DNA takes hold in gang rape case

Seven remaining suspects in the Ayia Napa gang rape case will remain in remanded custody, facing rape and conspiracy charges as investigators scramble to put together DNA evidence...

30. Critics must put their money where their mouth is