Search

31. BrainRocket becomes a Donor of TechIsland

TechIsland is proud to announce that BrainRocket, a global company creating innovative end-to-end tech products, has joined as one of the association’s esteemed Donors....

32. Cyprus’ e-kalathi falls flat, says consumer group

It was launched as a tool to help consumers navigate rising prices and shop smarter. But just one week in, Cyprus’ much-hyped e-kalathi platform is facing harsh criticism, and not just from shoppers....

33. Jazeera Airways Resumes Direct Flights Between Larnaca and Kuwait

Jazeera Airways, one of the leading low-cost carriers in the Middle East, announced the resumption of direct flights from Larnaca to Kuwait, which took place on Tuesday, June 17, 2025....

34. ECB poised for fall rate decision as growth, tariffs, and inflation weigh in

The European Central Bank will reassess its interest rate policy this fall, weighing whether additional cuts are necessary after a recent series of reductions brought its main rate to 2%, with inflation easing to 1.9%....

35. 70,000 units of blood collected annually from voluntary donors in Cyprus

Cyprus collects about 70,000 units of blood each year through voluntary donations, placing the country among the top in Europe in meeting its national blood supply needs, the Ministry of Health said Friday....

36. Tehran weighs closing Strait of Hormuz

Iran is seriously considering closing the Strait of Hormuz, a vital waterway for global oil shipments, according to a report by Iranian state broadcaster IRINN....

37. e-kalathi goes live as Cyprus’ new price-checking app aims to ease the grocery bill

A new digital tool aimed at helping Cypriot consumers fight rising prices officially launched Thursday. The platform, called e-kalathi, allows shoppers to compare prices of everyday goods across major supermarkets in real time, potentially saving families money at a time when inflation is still biting....

38. 11 years of Gastronomos Quality Awards

Gastronomos magazine and Kathimerini newspaper proudly present the 11th annual Gastronomos Quality Awards 2025, an institution that celebrates Cypriot gastronomy, the authenticity of local products, and the dedication of the producers who craft them with passion and respect for tradition....

39. Nearly 24,000 illegal cigarettes seized at Paphos airport

Customs officers at Paphos Airport seized thousands of illegal cigarettes on Monday after stopping a Greek Cypriot man heading to London....

40. Will they at least stabilize?

In May 2025, the Consumer Price Index rose by 0.26 points, reaching 117.57 compared to 117.31 in April. Inflation for the month fell by 0.2%, a rare event not seen in years, not since the Covid-19 crisis....

41. Police seize dozens of THC, CBD products from Larnaca kiosk

Police have seized 83 packages containing substances believed to include tetrahydrocannabinol (THC) and cannabidiol (CBD) during a raid on a kiosk in Larnaca, authorities said Saturday....

42. Cyprus slips into deflation for the first time since 2021

Cyprus recorded deflation in May 2025 for the first time in more than four years, with the annual inflation rate turning negative at -0.2%, according to data released on Thursday by the Statistical Service of Cyprus....

43. Alpha Bank sets sights on Cyprus insurer Altius in expansion push

Alpha Bank is in talks to buy Altius Insurance, a Cyprus-based insurance company it already works with to sell insurance products through its branches. While nothing has been finalized yet, sources say discussions have progressed to a potential acquisition....

44. Cyprus’s booming defense industry nets €40M as officials call for faster growth

Cyprus’s defense industry has grown tenfold in recent years, with approximately 30 companies now generating an estimated €40 million in revenue annually, officials revealed Tuesday during a session of the Parliamentary Committee on Energy, Commerce and Industry....

45. Lidl Cyprus highlights the value of its collaboration with Evrofarma during a press trip to the heart of greek production

Lidl Cyprus organized a unique press trip to the facilities of its strategic partner, Evrofarma, in Didymoticho, in celebration of World Milk Day....

46. Coral Energy (Shell Licensee) strengthens ties with its partners in the Cypriot market

47. Protein cookies recalled in Cyprus over undeclared allergen

The Ministry of Health has announced a recall of certain protein cookies after undeclared gluten was found in the product, posing a potential risk to individuals with gluten intolerance, allergies or celiac disease....

48. EU lawmakers approve tariff hikes on Russian, Belarusian agricultural imports

The European Parliament voted Thursday to impose higher tariffs on fertilizers and select agricultural products from Russia and Belarus, aiming to curb the bloc’s reliance on imports from the two countries....

49. U.S. to EU: Drop your tariffs or face new trade war, Financial Times reports

In a stark escalation of trade tensions, the United States is pressing the European Union to drop tariffs on American goods without expecting the same in return or face a new wave of steep US duties, the Financial Times reports....

50. Coca-Cola under fire as calls for global boycott grows

Coca-Cola is facing mounting pressure around the world as consumers call for a boycott over the company’s continued use of single-use plastics....

51. Timur Turlov at New York Eastern Mediterranean Business Summit: ''Cyprus is our European gateway to global markets''

Freedom Holding Corp. is driven by a mission to build bridges between regions and make global markets more accessible — an ambition powered by innovation and modern technologies, including artificial intelligence. ...

52. Jordan pulls the plug on imports from occupied North Cyprus

Jordan has stopped importing halloumi and similar cheeses from the Turkish-occupied north of Cyprus, becoming the third country to pull out of that market in recent months, after Lebanon and Qatar....

53. New Bean Bar opens in Larnaca

Bean Bar is expanding its presence in the market, spreading its unique… vibes to more and more areas across Cyprus. ...

54. Buzzing with history: Museum in Kato Drys stitches together past and present

Tucked in the mountainous village of Kato Drys, the Bee and Embroidery Museum offers visitors a journey into Cyprus’s rich cultural past, showcasing over 1,000 artifacts in a 300-year-old restored home....

55. Marks & Spencer confirms data breach after weeks-long cyber disruption

Marks & Spencer said Monday that some customer data was compromised in a cyberattack that has disrupted its online operations in the U.K. for at least three weeks....

56. Petrolina: Travel with Fantom

Petrolina, through its new promotional campaign ''Travel with Fantom,'' offers all its customers the opportunity to acquire one or more travel products from the Fantom collection included in the program, with a 50% discount....

57. Cyprus meets Cambodia: A bridge to bold business ventures

For Cypriot entrepreneurs and companies, this is more than a passing opportunity; it’s a golden ticket into a vibrant, fast-growing market of over 600 million people....

58. Emirates and AEGEAN enhance partnership to offer reciprocal loyalty benefits

Emirates Skywards members can now earn and redeem Miles on all flights operated by AEGEAN; and similarly, Miles+Bonus members can earn and redeem miles on all flights operated by Emirates....

59. 50% of recyclables in Koshi are landfilled

50% of recyclable products sent to Koshi are being landfilled in the cell at the factory there, while recyclables from Limassol and Paphos, at least in recent months, are being exported abroad for management....

60. Fake 'local' produce? €35,000 in fines uncover product labeling misconduct in Cyprus

Authorities have issued €35,000 in fines for 74 violations of legislation targeting unfair commercial practices in the agricultural supply chain since the law came into force in 2022, the Ministry of Agriculture announced Monday....