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481. Cyprus receives major credit rating boost from Moody’s

Last Friday, Moody’s delivered a major endorsement of Cyprus’ economic progress, upgrading its credit rating by two notches, from Baa2 to A3, with a stable outlook, according to a report by Panayiotis Rougalas. ...

482. 200 foreign companies and 1,200 new jobs in Cyprus in six months

Cyprus is experiencing a surge in foreign investment, with approximately 200 international companies establishing operations in the country during the first half of the year. ...

483. GM and Cadillac gear up for Formula 1 debut in 2026

In an exciting development for motorsport fans, General Motors and Cadillac have reached an agreement in principle to enter Formula 1 as an 11th team starting in 2026. ...

484. Limassol’s growth deserves equal support

Who is driving development projects in Limassol, and how far have they progressed? Who decides how state development funds are allocated, and based on what criteria?...

485. Did Angela Merkel misjudge Germany's dependence on Russian gas?

In her memoir ''Freedom'', Angela Merkel reflects on her 16-year tenure as German chancellor, offering insights into her political approach and the global crises that defined her leadership....

486. Government faces labor strikes as key sectors demand action

Cyprus is grappling with escalating labor unrest in its most crucial industries, as healthcare, construction, and tourism workers push for long-standing demands. ...

487. 26-year-old man scammed out of $110,000 in cryptocurrency fraud

A 26-year-old man in Limassol has fallen victim to a cryptocurrency scam, losing over $110,000 in an alleged online investment fraud, according to a complaint filed with the police earlier today....

488. Geoeconomic tensions and Cyprus: Staying the course amid challenges ahead

Geoeconomic fragmentation, the reversal of progress towards global economic and financial integration due to political and military conflict and strategic policy decisions, is rising....

489. Spain fines Ryanair and other low-cost airlines €179M for abusive practices

Spain's Ministry of Consumer Affairs has slapped five major low-cost airlines with hefty fines totaling €179 million for a range of alleged abusive practices, including charging extra fees for hand luggage. ...

490. Cyprus steps up efforts to protect vultures with marked power lines

In a bid to protect Cyprus’ endangered vultures and other large bird species, the Game and Wildlife Service and the Cyprus Electricity Authority (CEA) have teamed up to mark 12.5 kilometers of overhead power lines....

491. ExxonMobil and Qatar Energy to drill two new wells in Cyprus' offshore gas fields

ExxonMobil, in partnership with Qatar Energy, is planning to drill two more wells in Cyprus' offshore Blocks 5 and 10 early next year. ...

492. New rules could see AVAX take over Paphos–Polis road project

The government is stepping up efforts to strengthen the framework for public works contracts following the unfortunate cancellation of the Paphos–Polis Chrysochous road project....

493. Cyprus' role in the East Med highlighted at Economist conference

Cyprus’ growing importance in the Eastern Mediterranean was highlighted by U.S. Ambassador Julie Fisher and the UK’s new High Commissioner Michael Tatham during the 20th Economist magazine conference in Cyprus on Thursday....

494. EIB President Nadia Calviño to visit Cyprus for talks and office opening

Nadia Calviño, the President of the European Investment Bank (EIB), is set to make her first official visit to Cyprus on Friday, November 22, where she will open the new EIB Group office and hold talks with Cypriot leaders....

495. Rising food prices leave Cypriot households struggling

A recent survey reveals that consumers in Cyprus are increasingly worried about their financial future, as rising food costs and economic challenges weigh heavily on households....

496. Giannis Antetokounmpo takes his first shot in film with Mykonos comedy

Giannis Antetokounmpo, the Greek NBA star known for his incredible rise from Athens to the Milwaukee Bucks, is now adding a new chapter to his impressive career—film production. ...

497. Greek workers strike over rising costs and low wages

Greek workers are currently on strike today, Wednesday, causing disruptions at ports, and on buses and trains. The nationwide strike, which includes transport workers, doctors, teachers, and construction workers, is a protest against rising living costs and demands for higher wages....

498. Cyprus court upholds tougher rules for 'glamping' projects

The Supreme Constitutional Court recently made a decision that has significant implications for luxury camping (glamping) and visitor farm projects in Cyprus. ...

499. Road to nowhere as Paphos-Polis project hits a dead end

The long-awaited Paphos-Polis Chrysochous road project has hit a major roadblock, with construction halted at just 21% completion and the Republic of Cyprus now facing legal challenges from the former contractor, INTRAKAT. ...

500. PwC Cyprus partners with leading companies for groundbreaking Project Symbiosis

A leading Consortium comprised of PwC Cyprus, Multimarine Services Ltd, SignalGeneriX Ltd, and Theophrastus Research Institute, has been awarded the Project Symbiosis to Harmonise Offshore Renewable Energy with Defence Operations by the European Defence Agency (EDA)....

501. 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....

502. 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,...

503. 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. ...

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

505. 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.''...

506. 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. ...

507. 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....

508. 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...

509. 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. ...

510. 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.''...