The Cyprus Securities and Exchange Commission (CySEC) on Tuesday released a statement requiring Cyprus Investment Firms (CIFs) to adopt the European Banking Authority (EBA) guidelines on the application of the group capital test, which will take effect on January 1, 2025. According to the commission, these guidelines aim to establish uniform regulatory practices for calculating […]
First up was Larnaca itself, where the new Rise Street Art Hotel has brought a fantastic funkiness to the city AS Britain shivered, I was wandering along a sandy beach in Cyprus in dazzling 21C sunshine. At the water’s edge, a family relaxed on sunloungers while a man struck yoga poses. And even in winter, […]
‘This is a place where resilience runs deep, where every struggle only makes us stronger’ In Cyprus, legend tells of a warrior so mighty that his strength reshaped the very land… Digenis Akritas is our hero: a mythical figure who saved Cyprus from the invading Saracens. As he leapt across the sea to protect the […]
Authorities in Kato Paphos are embarking on a project to construct a modern four-lane highway. The road will stretch from the Tombs of the Kings in Kato Paphos to Coral Bay in Peyia, addressing long-standing infrastructure needs in this popular tourist region. Government departments, planners, and authorities have begun coordinated efforts to realise this significant […]
The Techo Takhmao International Airport (TIA), which is now nearing construction completion in Kandal Province’s Takhmao district, is a large-scale airport development that might just transform Cambodia’s capital city, Phnom Penh, into the “new Singapore” of the region, observed an op-ed article published by UK-based media outlet the Daily Express. The article published on October […]
Cyprus’ nominal GDP amounted to €31.34 billion in 2023 (current prices) marking an annual increase of 6.5%, according to a major revision for 1995-2022 and a revised estimate for 2023, released by CySTAT. Cyprus’ real GDP (measured in volumes), expanded by 2.6% (instead of the previous 2.5%) amounting to €26.96 billion. The top five sectors […]
The government is monitoring developments in the economy and always responds in the context of the capacity of the economy and the public finances, Finance Minister Makis Keravnos has said, adding that the government is not dragged by “slogans and pressures.” The Finance Minister will on 21 October take part in a meeting between the […]
Greece and Cyprus have announced their cooperation in order to jointly promote their participation in the ‘European Transport Corridors,’ with mutual benefits and the strengthening of port infrastructure in both countries. This was announced after a meeting at the Ministry of Transport on the afternoon of 18 October, between the Minister of Transport, Communications and Works, Alexis […]
An inaugural event was held by the Republic of Cyprus mission in Mumbai, themed ‘The Cyprus-India Experience: Perspectives,’ which was spearheaded by Viraj Kulkarni, an entrepreneur and governance consultancy expert of global repute. Kulkarni’s leadership as Honorary Consul is expected to accelerate progress in fostering stronger ties between Cyprus and India, particularly in tourism and […]
New home sales in Cyprus reached €1.9 billion during the first nine months of 2024, according to a report from Nicosia-based firm Landbank Analytics. According to the report, this figure represents a 25 per cent increase compared to the same period in 2023. The report, based on sales contracts submitted to the Department of Lands […]
Cyprus has developed into a modern, effective and comprehensive shipping hub and is now the biggest shipping management centre in Europe and one of the three largest in the world, Deputy Shipping Minister Marina Hadjimanoli said on Saturday. She was speaking at the opening of the fourth Thalassa festival in Limassol inaugurated by her and […]
Cyprus has emerged as a standout performer in the European Union’s latest life satisfaction survey, showing a marked improvement over the past decade. According to recent Eurostat data, Cyprus saw the largest increase in life satisfaction among EU member states, with its score rising from 6.2 to 7.5 out of 10. This surge places Cyprus […]
The Ministry of Education has announced plans to build four new schools in the Larnaca district, including one that is currently under construction. The news was shared by the Education Minister during a meeting with Larnaca’s mayor and deputy mayors, who expressed satisfaction with the progress made on long-standing requests for the district. A new […]
Create a taste of the island in your kitchen with these recipes by Cypriot TV chef Keftedes (Cypriot meatballs) We all love meatballs! When we were living in Cyprus we were the only children in Avgorou village eating them with ketchup! Our father used to work for the English army in the Naafi store, so […]
The Ambassador of the State of Qatar to Cyprus, H.E. Yousef Sultan Laram, and the Mayor of Nicosia, Mr. Charalambos Prountzos, officially launched the 51st international Cyprus Rally, which began on Friday, from the centre of Nicosia. The event will finish on Sunday with the crowning of the new Middle East Champion, as this event […]
A Cypriot bean, tomato and feta puff pastry tart and a Greek-style filo custard pie Yotam Ottolenghi Sat 19 Oct 2024 08.00 BSTShare26 Whenever a new development chef joins the Ottolenghi test kitchen team, they shine a fresh light on the places they’ve been, the people they’ve cooked with and the ingredients they’ve grown up […]