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361. KPMG Cyprus unveils: KPMG Cyprus Real Estate Market Report Insights-13th edition

The pipeline of real estate projects in Cyprus continues to expand in 2024, with residential developments leading the way. Market liquidity appears to be improving, with Limassol dominating the overall market and the high-end residential segment for 2023 and the first half of 2024....

362. Israel-Cyprus-Greece energy ties more important than ever, says Ambassador

Israel’s Ambassador to Cyprus, Oren Anolik, emphasized the growing importance of cooperation between Israel, Cyprus, and Greece, particularly in the field of energy,...

363. DBRS Morningstar: Cyprus shows strong recovery in tackling bad loans

Cyprus is starting to see some positive shifts in its financial sector, particularly when it comes to tackling non-performing loans (NPLs) – loans that borrowers have stopped paying. ...

364. ARIS │ A REALLY INSPIRING STORY is looking to cultivate new stories of success

365. Cyprus’ endless love affair with unfinished projects

''Oh Prometheus, if only you knew how much you’ve cost us, you’d blush with shame. Yet no one involved seems to care. In any case, full sails ahead.''...

366. Cyprus’ floating LNG unit 'Prometheus' finally sets sail from Shanghai

After months of delays linked to the Vasilikos scandal, Cyprus' Floating Storage and Regasification Unit (FSRU) 'Prometheus' is finally set to leave Shanghai in early December. ...

367. Cyprus faces multi-million Euro losses as major development projects collapse

Cyprus is facing significant financial and logistical challenges following the abrupt termination of contracts for major infrastructure projects, with some cases likely to lead to costly legal battles....

368. Cyprus eyes new offshore gas licenses as global demand surges

Cyprus is considering a new round of licensing for offshore gas exploration to capitalize on high demand, according to Energy Minister Giorgos Papanastasiou. With estimates suggesting that undiscovered gas reserves could be around 15-16 trillion cubic feet...

369. Athienou bus shelters showcase local embroidery art

The Municipality of Athienou and the Larnaca Tourism Development and Promotion Company have completed an artistic project that brings local cultural heritage to the streets. ...

370. Lois Builders slams contract termination, cites mismanagement and delays

Lois Builders Ltd. has issued a statement in response to the recent termination of its contract for the Fishing Reserve and Liopetriou River project, calling the move ''unprecedented.''...

371. Old grudges and gilded memories, Cypriot politics in reruns

Last night, I tuned into a podcast featuring the former President of Cyprus and a Twitter Space (or "X Space") with the former DISY party leader. Oh boy, both were quite the listen....

372. Fired Paphos-Polis road contractor wants €35 million payout

The Cyprus government has formally terminated its contract with Intrakat, a Greek construction company, for the long-awaited Paphos-Polis Chrysochous motorway, citing severe delays and excessive demands from the contractor....

373. Appointment of Senior Manager in K. Treppides & Co Ltd

The Management of K. Treppides & Co Ltd is committed to develop leaders who derive from own people and who pursue excellence in the provision of high quality specialised and unique services. ...

374. Yet another contractor gets axed over major project delays

Cyprus’s Ministry of the Interior has terminated the employment of the engineer and contractor for the Liopetri Fishing Shelter and River Restoration Project due to long-standing delays and unmet contractual obligations, according to an announcement by the ministry....

375. Sklavenitis expands in Cyprus, shaking up the supermarket scene

The Cypriot supermarket landscape is shifting as Greece's Sklavenitis Group officially takes over Papantoniou Supermarkets. With Competition Protection Commission approval, ...

376. Cyprus fires contractor on stalled Pafos-Polis motorway project

The Cyprus Department of Public Works announced it is terminating its contract with INTRACOM Constructions S.A., the company responsible for the stalled Pafos-Polis Chrysochous motorway project, ...

377. EU probes €101 million grant in Vasilikos project and Cyprus officials' role

The European Public Prosecutor's Office (EPPO) investigation into potential misconduct involving Cyprus's Vasilikos liquefied natural gas (LNG) terminal project, which received €101 million in EU funds, is advancing and is now in a critical phase, according to a report by APostolos Tomaras....

378. Minister promotes libraries as hubs for mental health

The Deputy Minister of Culture, Vasiliki Kassianidou, highlighted the critical role libraries play in promoting mental health and empowering individuals during her speech at the "Literary Routes in Libraries" conference, held Friday at the University of Cyprus....

379. Trump's bold 'Day One' agenda: Immigration, gender policies, and foreign relations

President-elect Donald Trump has set an ambitious agenda for his first day in office, outlining policy goals on issues from immigration to energy and international relations. ...

380. Larnaca and Paphos airports to handle 17.5 million passengers annually

The deal to hand over Larnaca and Paphos airports to Hermes Airports Ltd is nearly sealed, as the company moves toward......

381. Lidl Cyprus gives new life to fruit and vegetables with the 'Choose me' bag

With a new initiative, Lidl Cyprus invites all its customers to choose the "Choose me" bag and help reduce food waste, while saving money on their daily purchases....

382. Cyprus-Israel power study to conclude by early 2025

Subsea surveys for the Cyprus-Greece electricity interconnection project are advancing, with investment developments expected by year-end, ADMIE President and CEO Manos Manousakis announced at the 7th Athens Investment Forum. ...

383. Tesla surges 12% on Trump’s election win, Musk’s $75M bet pays off

Tesla shares surged 12% in early trading Wednesday following Donald Trump’s victory in the U.S. presidential election, as investors anticipated potential advantages for Tesla and its CEO Elon Musk, a major Trump backer....

384. Transport Ministry inaugurates new motorway that will ease traffic

According to Kathimerini's Dorita Yiannakou, Cyprus marked a milestone in its transportation network Tuesday with the inauguration of the Nicosia peripheral motorway’s first phase, a project intended to ease congestion, enhance safety, and facilitate trade across the island....

385. Akamas road project delayed again as investigation continues

Decisions on key issues surrounding Akamas—particularly potential disciplinary proceedings for the first phase of the road network and the resumption of related work—are running behind schedule....

386. TechIsland, Invest Cyprus team up to attract global tech investment

In a move expected to enhance Cyprus’s appeal as a tech hub, TechIsland has signed an agreement with Invest Cyprus to attract more foreign investors, with a particular focus on the technology sector....

387. Conversation Series at the Bank of Cyprus Cultural Foundation with bαhçές Histories* of Cyprus x Cyprus Insula Exhibition

In the framework of the exhibition Cyprus Insula - History, Memory, Reality the Bank of Cyprus Cultural Foundation invites bαhçές Histories* of Cyprus, for a series of conversations on themes central the Cypriot insularity and modernity....

388. First affordable housing block for refugees in Cyprus to be ready in 20 months

In 20 months, the first apartment building under the government’s "KtiZO" Plan in the Apostolos Andreas Housing Settlement in Latsia will be completed....

389. Polls close in key US battlegrounds as Trump secures early wins

Polls have closed in the U.S. presidential election, including in all seven crucial swing states, as results start to trickle in....

390. Horizon aircraft’s unique shape offers more room for passengers

As global demand for air travel grows, carbon emissions from aviation have risen faster over recent decades than those from rail, road, or maritime transportation. ...