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541. A new home for Jewish education coming to Cyprus

A new Jewish school is planned for Limassol, Cyprus, slated to open in 2027....

542. Millions spent, little progress: How Government failures derailed the Paphos-Polis road project

The Paphos-Polis Chrysochous road project has become a financial and legal mess, with millions already spent but little to show for it. Delays, contract disputes, and a legal loophole are holding up the project’s completion,...

543. Consulco's newest investment opportunity, Compartment C

Consulco, a leading specialist investment manager with a distinguished 30-year history, proudly announces the launch of Compartment C of the LC London Credit AIF V.C.I.C. Public Ltd (“the London Credit Fund”). ...

544. High-rise towers to replace historic KEAN factory in Limassol

545. Huge €380 million development planned by Metropolitan of Limassol

A bold €380 million development project in the Municipality of Amathus and the nearby Agios Athanasios district is set to transform the area, as revealed by the environmental study recently submitted by the Metropolis of Limassol....

546. Simon Aykut allegedly threatened President Christodoulides

Simon Aykut, an Israeli property developer and founder of the controversial Afik Group, is awaiting trial in Cyprus, facing serious accusations that he threatened the country’s president, Nicos Christodoulides. ...

547. Limnes migrant centre in Larnaca to be completed by year-end (photos)

The new Limnes Accommodation Centre, designed to house applicants for international protection and those awaiting repatriation, is set to be completed by the end of 2023. ...

548. Eurobank moves for full control of Hellenic Bank in major takeover push

February is shaping up to be a pivotal month for Hellenic Bank, as key financial moves unfold, including a full takeover bid by major shareholder Eurobank, the completion of key acquisitions, and a voluntary exit plan for employees....

549. €8 million and counting as Crete-Cyprus interconnector delays pile up

The long-awaited electricity interconnection between Crete and Cyprus is facing mounting financial pressure, with delays already adding at least €8 million in extra costs....

550. Over 50 tonnes of humanitarian aid ready for Gaza from Limassol port

Over 50 tonnes of crucial humanitarian aid are now sitting at the port of Limassol, ready to be shipped to the people of Gaza. The aid, sent by the Order of Malta, is slated to head for Ashdod port in Israel, where it will be distributed to those in need....

551. Old GSP redevelopment nears completion, set to transform Nicosia’s historic centre

The long-anticipated redevelopment of the old GSP stadium in the heart of Nicosia is set to be handed over to the public this month, marking a major step in the revitalization of the capital’s historic centre....

552. Consulco's newest investment opportunity, Compartment C

Consulco, a leading specialist investment manager with a distinguished 30-year history, proudly announces the launch of Compartment C of the LC London Credit AIF V.C.I.C. Public Ltd (''the London Credit Fund''). ...

553. A week in Cyprus: Broken promises, electricity woes, and a Valentine’s Day summit?

The government keeps repeating the same promises, but according to DISY, that won’t be enough to convince the public. But why not? Repetition helps people absorb information, right? ...

554. Superhome Center sold to Greek company for €94 million

The sale of Superhome Center to Vasilitsi DIY for €94 million has been approved by the Board of Directors of Ermes Department Stores Plc....

555. Priced out: Londoners live in empty schools and offices as rents soar

According to CNN, as London’s rental crisis deepens, a growing number of residents are opting to live in disused schools, office buildings, and even an old cathedral to escape skyrocketing housing costs....

556. Cyprus’ tax reform aiming for innovation, sustainability, and simplicity

A major tax reform is underway in Cyprus as part of the Tax Transformation Project, led by the Centre for Economic Research (CER) at the University of Cyprus. ...

557. Cyprus vs. bureaucracy: Can the red tape finally be cut?

For years, bureaucracy has been a major roadblock for businesses in Cyprus. ...

558. Traffic delays expected again on Limassol-Nicosia highway this weekend

After last weekend's frustrating delays for drivers, another set of roadworks is set to affect travel this weekend on the Limassol-Nicosia motorway. ...

559. Paphos crematorium plans go up in smoke

The construction of Cyprus’ first crematorium, planned for the Paphos region, has been pushed back to 2026....

560. The decay of Limni Pier: A forgotten landmark in Paphos (VIDEO & PHOTOS)

Limni Pier, located on the coast near Polis Chrysochous, is a relic of Cyprus’s industrial past....

561. Improving education and safety: Key plans from the Minister of Education

Athina Michaelidou highlighted today the importance of a collective effort in addressing school violence....

562. How Abramovich evaded millions in taxes using Cyprus

A massive tax evasion scheme tied to Roman Abramovich’s superyachts has been uncovered, shedding light on how the Russian billionaire exploited Cyprus’ offshore business environment. Leaked documents reveal that from 2005 to 2012, Abramovich’s companies set up a fake yacht-leasing business in Cyprus to dodge EU taxes on his luxury vessels....

563. Cyprus marks Holocaust remembrance day with solemn event in Nicosia

In a solemn ceremony last night, held at the Melina Mercouri Hall, Cyprus joined the global community in observing International Holocaust Remembrance Day, honoring the six million Jews and millions of others who perished in one of history’s darkest chapters....

564. European Parliament seeks Cypriot administrators

In a significant move to address imbalances in staff representation, the European Parliament has launched a competition aimed specifically at Cypriot nationals....

565. Paphos EOA demands demolition of illegal Latchi tourist complex

The Paphos Provincial Self-Government Organization (EOA) has filed a lawsuit to stop illegal construction at a tourist apartment complex in Latchi....

566. Illegal construction in Latchi sparks legal battle

A brewing scandal in Latchi has exposed significant irregularities in the construction of a tourism project, placing local authorities and developers under scrutiny. ...

567. 100% tax on foreign buyers in Spain

Spain’s Prime Minister Pedro Sanchez has proposed bold measures to address the country’s housing crisis, including a 100% tax on homes purchased by non-EU foreigners....

568. Basketball initiative brings Greek- and Turkish-Cypriot girls together

A bicommunal basketball initiative, ''Youth Empowerment Through Basketball,'' was introduced on Saturday at a press event held at the Ledra Palace Hotel's outdoor basketball court in Nicosia’s buffer zone....

569. 36.1% of Cypriot women affected by gender violence

A recent European survey has revealed alarming figures about gender-based violence in Cyprus, showing that 36.1% of women have experienced physical violence, threats, or sexual violence, either from a partner or another individual....

570. Cyprus moves closer to energy independence as drilling begins in Block 5

Excitement is building as drilling in Block 5 of Cyprus’ exclusive economic zone (EEZ) officially began on Friday. President Nikos Christodoulides announced the development with enthusiasm, highlighting its potential to position Cyprus as a key player in the European energy market....