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601. 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. ...

602. 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....

603. 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. ...

604. 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....

605. 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....

606. 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....

607. 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....

608. 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. ...

609. 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....

610. 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. ...

611. 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. ...

612. 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)....

613. 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....

614. 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,...

615. 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. ...

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

617. 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.''...

618. 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. ...

619. 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....

620. 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...

621. 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. ...

622. 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.''...

623. 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....

624. 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....

625. 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. ...

626. 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....

627. 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, ...

628. 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, ...

629. 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....

630. 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....