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391. Home grown Cypriot company acquired by UK entertainment firm

Born out of their passion for theater, 'Stagedoor' was founded in 2014 by Yiannis Gavrielides (Invelopment Partners, Covve) and Paris Erotokritou (Fresh Target Theatre), along with Michael Hadjijoseph (Stagedoor CEO) and Alex Cican (Stagedoor CPO) who contributed their expertise in technology and product management. ...

392. Fuel price cuts have begun

Following a month of price volatility, the Cypriot market should see a reduction in the cost of motor and heating fuels in the coming days....

393. World's largest crypto exchange platform to set up shop in Cyprus

The FTX bankruptcy scandal a few weeks ago rocked the entire crypto world to its core, after its founder Sam Bankman-Fried, the "wonderboy" of the crypto trading world,...

394. Economic sentiment slightly down in Cyprus

In November 2022, economic sentiment in Cyprus deteriorated slightly, as the Economic Sentiment Indicator decreased by 0.5 points compared with October 2022, according to the Business and Consumer Survey by the University of Cyprus...

395. The effects of Global warming on banks and insurance companies

One of the last print editions of the Economist had the title ‘Say goodbye to 1.5° C’ which refers to the goal of limiting the increase in the average temperature of the planet to 1.5 degrees Celsius...

396. Black Friday: See how the annual shopping event is shaping up (photos)

On Thursday afternoon, sales began to increase significantly, particularly in shopping centers that benefited from favorable weather conditions, however, as of Friday morning, traffic appears to be somewhat subdued, at least in comparison to the corresponding images from 2019....

397. Bank's chairman buys BOC shares for 3 consecutive days

398. North detains two teens on counterfeit spending spree

Two Greek Cypriot teenagers accused of using fake money to make purchases in the north have been arrested by Turkish Cypriot police, while another man from the south was detained after cartridges were found in his vehicle...

399. 14 billion euros of loans on ice due to the suspension of foreclosure sales

In Cyprus, credit purchasing companies manage over 80,000 loans totaling €20 billion....

400. Complaints about Black Friday deals have begun

The Consumer Association had begun receiving complaints about deceptive product offers as Black Friday draws near....

401. Rift over gas cap looms over EU energy crisis plans

EU energy ministers meet in Brussels on Thursday to approve the latest set of emergency measures to mitigate an energy crisis, but the plans risk being eclipsed by disagreements over whether and how to cap gas prices...

402. What do Cypriots buy on Black Friday?

Only eight more days until the much-anticipated Black Friday shopping day, and ads for discounted goods continue to pound the public. Every year, many people look forward to this day in order to find the best deals on products they need....

403. Menendez reassures Cypriots no fighter jets for Erdogan

US Senator Bob Menendez has renewed his commitment to stop F-16 fighter sales to Turkey, calling instead on everyone to make sure that all Turkish soldiers leave Cyprus down to the last one...

404. Finance Minister calls for the repeal of foreclosure suspension

The Ministry of Finance proposes delaying the law on divestiture suspension. ...

405. Tomatoes and potatoes now regarded as luxury items

The Consumer Protection Agency published the retail prices of basic consumer goods on Friday with a reference date of 9/11/2022. The retail prices show significant price increases for potatoes and tomatoes and price decreases for some fish and legumes....

406. Looking for a strategy to suspend foreclosure sales

To protect vulnerable borrowers and stop the economy from being impacted by decisions that could harm its integrity, a strategy for the new potential three-month suspension of foreclosure sales is being sought. ...

407. Initial PEGA report - Cyprus is an appealing destination for spy goods

408. Health Minister: Over 200 million euros spent to tackle Covid pandemic

Health Minister, Michalis Hadjipantela, said on Monday that more than 200 million euros have been spent since 2020 to tackle the COVID-19 pandemic....

409. Deep political divide in the US as midterm elections loom

In a stark closing argument ahead of the U.S. midterm elections, President Joe Biden on Monday warned that a Republican victory could weaken the country's democratic institutions, while former President Donald Trump hinted he could announce another White House bid as soon as next week....

410. Loans are increasing as interest rates rise

New loans provided by Cypriot banks rose by €217 million in September compared with August, driven mainly upwards by corporate loans over €1 million which rose by 127.6 million....

411. €6 million chalet just one of several investments planned for the mountains of Cyprus

The new €6.3 million project in Moniatis, which is looking for a buyer, shows that investment in mountainous areas is picking up steam. With DTA's Guru projects, the creation of the Tree Hotel, hotel acquisitions by Property Gallery, and the restoration of the Berengaria Hotel in Prodromos, interest has recently begun to be more active....

412. Celebrities are leaving Twitter in droves thanks to Elon Musk's takeover

Elon Musk's acquisition of Twitter has some in Hollywood heading for the exit....

413. Moniatis' Grand Chalet is looking for a millionaire buyer

In the Moniatis area, a multi-million dollar luxury property is being built and is looking for a buyer. The plot's total area is 2.5 thousand square meters, while the size of the house under construction is 824 square meters....

414. Cyprus's economic sentiment improved in October as a result of services and retail trade

In October 2022, economic sentiment in Cyprus improved as the Economic Sentiment Indicator (ESI-CypERC) increased by 0.4 points compared with September 2022....

415. Consumers preferred plastic money over cash this summer

Consumer card usage for purchases is still on the rise. The most recent JCC data, covering Q3 2022, reveals an increase in card usage in Cyprus for both Cypriot and foreign cards. ...

416. Limassol are you ready? Nostalgia Halloween Party on Saturday 29/10 at Limassol AGORA

Following the great success of last year’s Limassol Nostalgia Halloween Party held at Limassol AGORA, the upcoming mega party repeat on Saturday 29/10 is the place to be for all Halloween buffs and not only....

417. Are milk, meat and coffee still affordable?

According to the Consumer Protection Service's Price Observatory, price increases of up to 21% and price decreases of up to 13% were observed between September 14 and October 12....

418. Cyprus post offices to receive 210 electric scooters by 2025

According to Transport Minister Yiannis Karousos, the Ministry of Transport, Communications, and Works is developing a plan to promote postal services, and by 2025, the postal services will be equipped with 210 electric scooters....

419. Banking sector to cut 600 more employees

The number of employees in the Cypriot banking sector will have been reduced further by the end of 2022. By the end of this year, 600 bank employees will have left the company, while about 50 will have been transferred to a similar but non-banking sector....

420. Two families sue Amazon for selling 'suicide kits' to teens

Amazon is facing a lawsuit accusing it of selling so-called suicide kits, brought by the families of two teenagers who bought a deadly chemical on the company's website and later used it to take their own lives....