Search

211. Ministry of Culture to launch 'Kypria' pilot for art festivals

We have fully entered the summer, and the eagerly awaited cultural events have either begun or will soon begin. ...

212. Electric vehicle transforms into flying car

The US approved this electric vehicle from Alef Aeronautics for test flights...

213. President of OEB shares his cat's survival story

The President of OEB (Cyprus Employers and Industrialists Federation), Michalis Antoniou, recently took to social media to share the remarkable story of his cat's journey to recovery....

214. Cyprus asserts maritime cluster advantage

Shipping Deputy Minister, Marina Hadjimanolis highlighted the competitive advantages of the Cyprus Shipping Cluster and underlined the government's strong commitment to the shipping sector...

215. Hellenic Bank rakes in €69.7 million in profits during Q1 of 2023

Hellenic Bank has reported a profit of €69.7 million for the first quarter of 2023, signaling a strong start to the year. ...

216. Cyprus slips in global competitiveness rankings for third consecutive year

Cyprus has experienced a decline in its global competitiveness for the third consecutive year, dropping from the 40th position to the 45th out of 64 countries in the IMD World Competitiveness Center rankings....

217. Festival of Dreams: a unique celebration dedicated to 75 years of excellence of Porsche iconic sportscars

218. Limassol Greens: The most anticipated golf resort in Cyprus

Limassol Greens, the most anticipated golf resort in Cyprus, has hosted media, associates and stakeholders in a special event at its newly opened Property Sales Office opposite Four Seasons Hotel on Tuesday 13th June. ...

219. This is how Lara will be developed

The reform of local government undeniably represents a crucial stride towards modernizing our state....

220. Sacrificing authenticity for viral validation

In an era dominated by digital connectivity, social media has seamlessly integrated itself into the fabric of our lives....

221. 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....

222. Striking the balance between tradition and tourism

The Flood Festival in Larnaca, Cyprus, stands as a shining example of how tradition and tourism can coexist and flourish together....

223. Christodoulides: Shift allowances and overtime compensation from 2024

President Nikos Christodoulides addressed the 60th Congress of PASYDY, the Civil Servants' Trade Union, where he discussed significant developments regarding the restoration of shift allowances and overtime compensation for civil servants....

224. CBC urges banks to embrace transformation for sustainablefuture

Constantinos Herodotou, Governor of the Central Bank of Cyprus, emphasized the need for Cypriot banks to seize the current favorable circumstances and address impending challenges during his speech at the 2023 ICPAC Mediterranean Finance Summit held in Limassol on Thursday....

225. Shipping minister wants Cyprus ahead of the curve

Cyprus' shipping sector must be competitive, strong, resilient to crises and to anticipate challenges and new trends, Shipping Deputy Minister, Marina Hadjimanolis, said on Thursday, adding that the government has an ambitious vision for shipping...

226. BOC appoints Bank of America as joint corporate broker, resumes dividend payments

The Bank of Cyprus has announced the appointment of Bank of America Europe DAC (BofA Securities) as a joint Corporate Broker, along with NUMIS Securities Limited (NUMIS) and Keefe, Bruyette & Woods (KBW, acting through Stifel Nicolaus Europe Limited), with immediate effect....

227. Expanding Profitability and Strengthening Capital Position

Group Financial Results for the year ended December 31, 2022...

228. EY report: Governments need new ways of working to seize digital opportunities

Governments around the world are at risk of failing citizens through lack of digitalization, according to EY research presented in a new report: “How can government workers and technology align to serve future citizens?”. ...

229. Deputy Minister of Research discusses efforts to create a modern digital state

Cyprus’ Deputy Minister of Research, Innovation and Digital Policy, Philippos Hadjizacharia, discussed the country's efforts to modernize its public administration and create a digital state at an event in Nicosia....

230. Cypriot professor Phoebe Koundouri honored for contribution to Science

On Thursday, the 23rd of March, Prof. Phoebe Koundouri was awarded the Academy of Athens Excellence in Science Award 2023 for her contribution to the advancement of the Science of the Marine Environment by the President of the Academy of Athens, Michael-Konstantinos Stathopoulos, and the Secretary-General, Christos Zerefos....

231. Exciting new park set to enhance quality of life in Larnaca (photos)

Larnaca, one of the most charming cities in Cyprus, is set to undergo a major transformation in the coming years. Ten ambitious projects with a total value of €40 million are planned for the city center,...

232. EY Cyprus a Gold Sponsor at the 6th Annual Capital Link Cyprus Shipping Forum

EY Cyprus was, once again, a gold sponsor of the 6th Annual Capital Link Cyprus Shipping Forum, which was held at the Columbia Plaza, in Limassol, on Tuesday, March 7th 2023....

233. 'Mismanagement, corruption and nepotism will not be tolerated'

Mismanagement, corruption, and nepotism will not be tolerated, and for the people who will be at the center of his administration, these were the two main issues that President of the Republic, Nikos Christodoulides addressed in his speech on Wednesday during the swearing-in ceremony of the new members of his government....

234. Nikos Christodoulides sworn in as 8th president of the republic

Cyprus’ president-elect, Nikos Christodoulides, was sworn in on Tuesday at a special ceremony at the House of Representatives, in Nicosia, with Parliament President, Annita Demetriou, wishing him “strength and endurance” to respond to the great responsibility he is assuming....

235. 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...

236. Bank of Cyprus: 71 million in profits in 2022

Bank of Cyprus' profit for 2022 was 71 million euros, up from 30 million euros in 2021....

237. Credit Suisse posts $1.51 billion loss in 4th quarter of 2022

Credit Suisse on Thursday reported a fourth-quarter and annual net loss that missed expectations, as the Swiss bank continued with its huge strategic overhaul....

238. Half a billion euro investment in digital transformation

Over the next five years, a little more than half a billion euros (€512 million) will be set aside for digital transformation. ...

239. Alpha Bank Cyprus Ltd: Mr. Miltos Michaelas as new CEO

The Board of Directors of Alpha Bank Cyprus Ltd, decided on the appointment of Mr. Miltos Michaelas to the position of CEO of Alpha Bank Cyprus Ltd....

240. This man has an 86% accuracy rate in predicting the future

Ray Kurzweil, an inventor and futurist, releases his first book. "The Age of Intelligent Machines" discusses artificial intelligence and foresees the rise of the Internet in popularity. Impressive considering there were only 2.6 million internet users worldwide at the time....