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271. Melco Announces Unaudited Second Quarter 2023 Earnings

Melco Resorts & Entertainment Limited (Nasdaq: MLCO), operator of City of Dreams Mediterranean and Cyprus Casinos (“C2”), reported its unaudited financial results for the quarter ended 30 June 2023....

272. Vafeades announces affordable bus service from GSP stadium in a month

Transport Minister Alexis Vafeades addressed the traffic problem, stating that the solution does not lie in building more roads, but rather in reducing the number of cars on the existing roads....

273. Growing up in refugee camps

The painful experience of being violently uprooted, the worry about finding temporary shelter until they could return home, and the hardships faced in refugee camps – which turned into months and even years – are deeply etched in the memories and hearts of the refugees....

274. A long journey always begins with a small step

The many crises the EU has been facing recently should not let us forget the ongoing pain caused by the open wound of Cyprus’ division....

275. Petrides tweets expose EuroAsia Interconnector's risks

A series of points accompanied by questions were posted on Twitter by former Minister of Finance, Constantinos Petrides, commenting on the developments regarding the evaluation of the sustainability of the EuroAsia Interconnector project, the electric interconnection project between Cyprus, Greece, and Israel. ...

276. Digital ''One-Stop-Shop'' to access renewable energy projects in 2024

The Ministry of Energy, Commerce, and Industry announced on Monday the launch of the online "Digital One Stop Shop" platform, an action of the Recovery and Resilience Plan "Cyprus - Tomorrow", which, in the first phase, concerns the digital submission of applications for the licensing of renewable energy projects....

277. EY Cyprus announces five new partners

EY Cyprus is pleased to announce that its management team has been strengthened with the addition of five new partners and five new directors in 2023, reaching the total number of 31 partners of whom 6 are women, and 17 directors of whom 8 are women....

278. Cyprus approves €361M supplementary budget for 2023

With criticism against the government's agreement for the purchase of the Metropolitan building, which will house the Ministry of Labor and Social Insurance, the Plenary of the House of Representatives approved the supplementary state budget amounting to €361 million....

279. LEPTOS ESTATES Earns Prestigious European Property Awards in London

280. Michalis Hatzigiannis steps down as Deputy Minister

The resignation of Deputy Minister of Culture, Michalis Hatzigiannis, was anything but unexpected....

281. President appoints Dr. Vasiliki Kassianidou as Deputy Minister of Culture

The Presidential Office issued a statement today announcing the resignation of Michalis Hatzigiannis from his role as Deputy Minister of Culture....

282. Cyprus gov't to pay €345,000 to Turkish Cypriot for illegal use of property

The big news: "Compensation of €345,000 will be paid to a T/C of American origin by the Republic of Cyprus, while also returning his property in Limassol, which was being used illegally....

283. TechIsland announces TechIsland Awards Finalists

TechIsland is happy to announce the shortlist of finalists for the 1st TechIsland Awards. The 260+ members of TechIsland were asked to submit their nominations for 7 different categories of awards, based on specific criteria, aiming to bring forward and shine a spotlight on individuals, projects and companies that are shaping the tech and innovation landscape of Cyprus....

284. Migrant reception center in Kofinou inaugurated today

The inauguration of the first phase of construction works at the International Protection Applicant Reception Center in Kofinou, upgraded with the support of the European Asylum Agency (EUAA), took place today, conducted by the Minister of Interior, Konstantinos Ioannou, along with Nina Gregory, the Executive Director of EUAA, and Beate Gminder, Deputy Director-General in the Directorate-General for Internal Affairs of the EU....

285. Upshot from Israeli northern ventures spills into south

The president of the Cyprus Bar Association is fighting back accusations that his law firm was mixed up with an Israeli venture to develop properties in the northern part of the divided island, a development that has alarmed Nicosia in recent months...

286.  Leptos Estates sets a new standard with the launch of a State-of-the-Art website

The Leptos Group is pleased to announce the arrival of the new Leptos Estates website....

287. Cyprus receives funding for Nicosia motorway

The European Commission has announced a significant investment of €6.2 billion to co-finance 107 infrastructure projects aimed at promoting sustainable, safe, and efficient transport throughout the EU....

288. Nicosia attracts millions in investment opportunities

A new investment exceeding 60 million euros is currently in the study phase, focusing on the development of a strategically positioned plot in Nicosia. ...

289. Cyprus changes tack with plan for gas link to Israel

Cyprus hopes to develop plans for a pipeline linking it to Israel's east Mediterranean gas fields during talks which start next month, the island's top energy official told Reuters...

290. Consulco recognises students with innovative ideas

Consulco held the ''Next Generation Proposals for a Better Cyprus'' student competition in collaboration with UCLan Cyprus, Frederick University and Neapolis University Pafos...

291. Controversy surrounds expansion of occupied airport

Without receiving significant coverage from the Greek Cypriot media, Turkish Vice President Cevdet Yilmaz made a substantial visit to the so-called TRNC following Erdogan's illegal visit....

292. Preserving Cyprus' cultural heritage for future generations

The Technical Committee on Cultural Heritage (TCCH) has completed the conservation works at the church of Agios Georgios and the church of Panagia Agia Napa both in the Turkish-occupied Famagusta area, the European Union (EU) and the United Nations Development Programme (UNDP) said on Friday. ...

293. US citizens exit Portugal as demand for 'golden visas' plummet 37%

Following the abolishment of the Golden Visa scheme of Portugal some expatriates are leaving the country, based on the report of Bloomberg....

294. Cyprus struggles with renewable energy and storage gap

Only 15% of Cyprus' total energy production comes from Renewable Energy Sources (RES), highlighting the country's significant lag in this sector....

295. Cyprus launches €60 million project for bus stops

According to a report on Philenews, Cyprus is poised to witness a groundbreaking transformation in its public transportation system through an ambitious project aimed at upgrading bus stops across the island....

296. Erdogan calls on Greek Cypriots to face reality

Turkish President Recep Tayyip Erdogan has called on Greek Cypriots to face reality, vowing during a Monday visit to north Cyprus that Turkish Cypriots will never be a minority on the island and calling for equal status before any talks take place...

297. Planetarium Cyprus: Where science and wonder converge

Some people ask, ''Does a planetarium merely provide answers, or does it also evoke questions?'' Achilleas Kentonis, the executive director of the Interstellar Institute, responds, ''First and foremost, it stimulates questions, and then answers naturally follow.''...

298. Coffee Island and Coffe-Eco turn coffee waste into gold

Coffee Island and Coffe-Eco are creating the first industrial unit in Southern Europe to process and reuse espresso coffee residue for creating new products in Patra....

299. AI-driven job losses surge marking a disturbing trend

Almost 4,000 people who were laid off in May lost their jobs because of artificial intelligence, and it's the first time AI has been listed in the monthly report from Challenger, Gray, and Christmas....

300. Cyprus emerges as top beneficiary of EIB support in Europe

The European Investment Bank (EIB) President, Werner Hoyer, announced that Cyprus remains the largest beneficiary of EIB support per capita in Europe....