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31. AI adoption could boost global GDP by an additional 15 percentage points by 2035, as global economy is reshaped: PwC Research

New research published today by PwC reveals that AI has the potential to boost global economic output by up to 15 percentage points over the next decade. ...

32. European hoteliers take on Booking.com over high commissions

Hoteliers across Europe are once again taking aim at Booking.com, accusing the popular online platform of exploiting its dominant position in the market....

33. Rapid response rescue motorcycles rolled out in Limassol to cut emergency response times

The State Health Services Organisation has deployed rapid response rescue motorcycles in Limassol for the first time...

34. Trump’s tariff war backfires as tourists ditch U.S., head to Europe

The global tariff war initiated by the Trump administration will have a negative impact on the US economy in 2025, as European and Canadian tourists change their plans....

35. Bank of Cyprus cuts loan rates again, giving borrowers a breather

Good news is finally landing in the inboxes of thousands of borrowers across Cyprus, as the Bank of Cyprus announced another interest rate cut that should make monthly loan payments a little easier to swallow....

36. Cyprus has one of the world’s lowest U.S. visa rejection rates — and that’s a big deal

Cyprus is inching closer to landing a spot in the U.S. Visa Waiver Program, and there’s one big reason why: it now has one of the lowest U.S. visa rejection rates in the world....

37. From summer hotspot to all-year hub

Cyprus has big dreams, and according to Christos Angelides, General Manager of the Pancyprian Hotel Association (PASYXE), it’s going to take grit, vision, and a lot of teamwork to turn the island into a top-tier, all-year-round destination. But the potential? It’s definitely there....

38. Fairy tales about benefits and other wild stories

Certain catchy lies continue to circulate in our public discourse. Lies that, no matter what, simply refuse to die....

39. Rents keep climbing, but house prices aren’t going anywhere

If you’re renting in Cyprus, you’re not imagining it; it really is getting more expensive year after year. New figures from Eurostat confirm that rents on the island jumped by 4.6% in 2024 compared to the previous year, continuing a steady upward trend that’s been going on since 2017....

40. Mortgage rates dip in Cyprus, but we're still paying more than the rest of Europe

Mortgage interest rates in Cyprus dipped slightly in February, offering some relief to prospective homeowners, but don't pop the champagne just yet. Despite the modest cuts, borrowing in Cyprus remains noticeably more expensive than in the rest of the Eurozone....

41. Tourists are flocking to Cyprus this Easter: Here's what's driving the surge

Tourism officials are expressing cautious optimism about Cyprus’ 2025 Easter holiday season, with early bookings and rising airport traffic pointing to another strong year for the island’s travel sector....

42. Trump declares tariff war, with chart in hand

At an official press conference, armed with a glossy chart and his signature bravado, former President Donald Trump unveiled what he described as ''the greatest, most incredible, America-first tariff plan you've ever seen.''...

43. Cyprus’ tech boom boosts the economy by €7 Billion

For years, Cyprus’ economy leaned heavily on tourism and professional services, but the rapid rise of technology companies is reshaping the island’s financial landscape....

44. From water woes to bank bets, here are the stories to follow

45. Consulco’s London Credit Fund Launches Compartment C:

Consulco is delighted to announce the launch of Investment Compartment C, the newest sub-fund of the London Credit Fund. ...

46. Nearly 1 in 5 households in Cyprus unable to keep homes warm

A recent European report has shed light on a concerning issue in Cyprus: nearly one in five households is struggling to keep their homes warm....

47. Bank of Cyprus upgraded to investment grade by Fitch

The Bank of Cyprus has just hit another major milestone—Fitch Ratings has upgraded the bank to investment grade, marking the third global rating agency to do so. ...

48. New Porsche Macan with five stars in Euro NCAP

The new Porsche Macan has received the top rating of five stars in the Euro NCAP test. The four-door sports car impressed with top scores in all test disciplines. ...

49. Ancient Alexandria crumbles as rising seas threaten its future

Alexandria, Egypt’s historic port city, is facing an escalating crisis due to climate-driven coastal erosion and rising sea levels....

50. Cyprus sees nearly 400 hundred cases of colorectal cancer annually

Approximately 350 to 400 new cases of colorectal cancer are diagnosed in Cyprus each year, making it the island's third most common cancer....

51. President Christodoulides: ‘Together, we are changing Cyprus’

President Nicos Christodoulides reflected on his administration’s accomplishments during a televised sit-down with journalists, marking two years since he took office....

52. ECB cuts interest rates by 25 points as inflation eases

The European Central Bank (ECB) announced on Thursday a fresh interest rate cut, lowering its three key rates by 25 basis points in a bid to support the eurozone economy as inflation gradually eases....

53. Death of Moldovan woman highlights human trafficking crisis in occupied North

A chilling tragedy unfolded in the occupied northern part of Cyprus as Anastasia Melega, a young woman from Moldova, was found dead late Monday evening at the ''Prinses'' nightclub-cabaret in occupied Gerolakkos, where she had worked. ...

54. Cyprus banks hit record high profits despite ECB rate cuts

Despite the European Central Bank (ECB) preparing for its sixth interest rate cut since June 2023, bank profits in Cyprus have soared, marking two consecutive years of record earnings. ...

55. Global fintech investment falls to seven-year low of $95.6 billion in 2024, but uptick in Q4’24 is a sign of cautious optimism says KPMG’s Pulse of Fintech H2’24

2024 was another difficult year for fintech, with just $95.6 billion of investment globally across 4,639 deals....

56. How Cyprus became the secret hub of the global porn industry

When people think of Cyprus, they picture sunny beaches, rich history, and perhaps a financial hub. But what few realize is that the island is also home to some of the world's biggest players in the adult content industry....

57. Cyprus tax reform: Bold overhaul aims to boost economy but sparks debate

Cyprus is preparing to implement its first major tax reform in over two decades, aiming to modernize the tax system, boost competitiveness, and align with international standards....

58. Unvaccinated child dies of measles in Texas

A child in West Texas has died from measles, marking the first reported U.S. death from the disease in ten years, according to state health officials....

59. University of Cyprus study reveals potential advances in cancer treatment

A recent study by researchers at the University of Cyprus (UCY) in collaboration with the University of Oxford has unveiled promising medical applications for cancer and rare genetic disease treatments....

60. Cyprus tax reform: A win for families, a challenge for businesses

Cyprus is set to undergo its first major tax reform in over 20 years, with changes expected to align the system with the country’s evolving economic landscape....