Search

61. Futuristic refueling as London's gas-free Shell station sets a new standard

One London gas station has totally reimagined what a refueling area can look like....

62. 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....

63. Company loses €93,187 in scam

Yesterday, the police arrested a 60-year-old person as part of their investigation into an online fraud case that occurred in Limassol in 2019....

64. Russian warning sparks Black Sea grain export tensions

Russia warned that from Thursday any ships traveling to Ukraine's Black Sea ports will be seen as possibly carrying military cargoes after Ukraine said it was setting up a temporary shipping route to try and continue its grain exports....

65. Europe's first multi-themed resort opens in Limassol

The inauguration of the City of Dreams Mediterranean in Limassol on Monday marks a significant milestone for tourism in Cyprus, introducing the continent's first multi-theme resort....

66. Inflation drops, but food prices soar

According to Marios Droussiotis, the president of the Cyprus Consumers Association, inflation is decreasing, but food prices remain excessively high. In an interview with K, he explained that although the overall inflation rate in Cyprus is 1.9%, the prices of food items have increased by 9.8%....

67. Cyprus still vague on Ukraine swap deal

Cypriot President Nikos Christodoulides declined to say whether any of the island’s Soviet-made defense systems could end up in Ukraine, pointing to Turkey and budget concerns but also echoing a broader ambiguity as EU allies argue over the best defense strategy...

68. Drones revolutionize Russia-Ukraine conflict

The war between Russia and Ukraine is witnessing an increasing use of drones alongside conventional weapons....

69. The theatrical hypocrisy of passing the e-kalathi bill

In early March, during the Commerce Committee meeting, the first one attended by the current Minister of Energy, the committee chairman, along with all the members, to be fair, urgently requested the government to submit a bill....

70. E-kalathi bill presented to Parliament

The discussion on the e-kalathi bill commences today at the Commerce Committee of the House of Representatives. This bill introduces a digital tool designed to display product prices, aiming to support the Consumer Protection Agency's efforts in monitoring the market and better protect consumer interests....

71. Powering Europe through Cyprus

Israeli Prime Minister Benjamin Netanyahu announces major energy collaboration with Cyprus to supply Europe with natural gas via new pipeline...

72. US McDonald's franchisee employed two 10-year-olds, broke labor laws

A McDonald's franchisee in Kentucky employed two 10-year-old children in violation of federal labor laws, the Department of Labor said Tuesday....

73. Lack of aircraft preventing global air travel recovery

The air travel industry has recently been facing delays in aircraft deliveries, a problem that is not allowing it to fully recover from the pandemic....

74. Bill for 'e-Kalathi' product price comparison app submitted for Cabinet approval

The bill for the implementation of a digital tool that enables daily information on retail prices and product comparisons is ready for submission to the Cabinet....

75. Ukrainian defense minister hurries down to Cyprus

Ukrainian Defense Minister Oleksii Reznikov visited Cyprus on Friday amid reports that a recent EU plan to send ammunition to Kiev was being held up in some European capitals including Athens and Nicosia...

76. High prices continue to plague the market

77. Police seize close to 100K bangers ahead of Easter

Three local men were arrested on Sunday in Paphos after they were caught in the act of possessing and transporting illegal fireworks, as police try to disrupt the supply chain ahead of Greek Easter holidays...

78. Digital app to compare product prices in the works

Following the withdrawal of the Household Basket proposal in Cyprus, the Consumer Protection Service is now promoting the preparation of a bill for the implementation of a digital tool that will enable the daily comparison of retail prices of products....

79. EY presents report on the Future of Banking in Cyprus

The report showcases the importance and contribution of Cypriot banks to the wider economy and society, and identifies current and upcoming challenges and opportunities...

80. Fruits and vegetables being rationed in Britain

Supermarkets across the country have begun rationing fresh food items in a move that is expected to last “weeks”....

81. Secrets of the A380: What passengers never see

82. Washington stops short of tongue-lashing Nicosia

Washington says there is no new policy to announce regarding a recent arms embargo lift on the Republic of Cyprus, following news that US sanctions have been imposed on several dealers including individuals who are based on the island...

83. Turkey wants to become a natural gas 'supermarket'

Turkey will hold a natural gas summit on February 14-15 to bring together gas supplier countries and Europe’s consumer countries in Istanbul, Turkish Energy Minister Fatih Donmez said on Monday....

84. Ukraine: Resignations abound amid corruption allegations

Ukraine's leadership appears to be in disarray, with corruption allegations, resignations of close associates of President Volodymyr Zelensky, and the president himself undergoing a wide-ranging reshuffle of his government staff....

85. Cyprus talks up imminent Chevron announcement

Cypriot Energy Minister Natasa Pilides is waging a battle to ensure Chevron’s reluctant development concept for Aphrodite will stick to plan, but cost-cutting ideas, merger wars, and maritime issues continue to blur options backed by an administration on its last leg...

86. Directives and recommendations to passengers due to Covid

The Ministry of Health has issued European Union directives and recommendations to passengers and airport and airline staff travelling to EU/EEA countries...

87. Problems surrounding 'contactless transactions' have come to light

Cypriot banks have been asked to address a problem with a specific batch of Mastercard cards....

88. Supermarkets bet on their own private labeled products

Consumers are turning to private label and exclusive import products to combat inflationary pressures on consumer goods in supermarkets....

89. Looking ahead to 2023: House prices in Cyprus

The end of 2021 saw Europe’s and Cyprus’ economies gradually recovering from the two-year rollercoaster ride of lockdowns, the stock market at record highs, and inflation increasing....

90. Economic events that will be remembered in 2022

The energy crisis, which intensified after Russia's invasion of Ukraine and resulted in skyrocketing gas prices, took the lead throughout the year....