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Bank of Cyprus again set to reduce staff-related costs

Bank of Cyprus is set to reduce staff-related costs with changes in salaries and early retirement and part time employment options again on the...

Completion and delivery of two additional photovoltaic parks

Two additional photovoltaic parks, with a total capacity of 2.5MW were completed and connected to the EAC national network, from L&T Sun Power Ltd....

Cyprus issues final building permit for EuroAsia Interconnector converter station

Cyprus is now one step closer to lifting its energy isolation after issuing the final building permit to EuroAsia Interconnector, the official project developer...

Giovani Group announced first residential project in Nicosia

    Giovani Group is expanding its business activities to the capital, with the construction of the contemporary residential project Monogram Residences in Lykavitos. The project...

5G network licensing tenders to be announced this month

    The Deputy Ministry of Research, Innovation and Digital Policy, through the Digital Communications Department, will announce a tender within July 2020 to grant licences...

Grand Hyatt coming to Limassol

    A Hyatt affiliate has entered into a management agreement with Anolia Holdings Limited for the first Hyatt hotel in Cyprus, Grand Hyatt Limassol. The 300-room...

Lidl Cyprus supports ‘Save our Food’ programme with more than 3000 breakfasts

  Within the framework of the Save Our Food programme and with a sense of responsibility towards society, Lidl Cyprus has proceeded in providing breakfast ...

Emirates SkyCargo expands network to Larnaca

Emirates SkyCargo will be operating scheduled cargo flights to 100 destinations across six continents during the month of July 2020, including Larnaca, Cyprus. Apart from...

New property general manager of City of Dreams Mediterranean, Cyprus Casinos

    Melco has announced the promotion of Grant Johnson as Senior Vice President, Property General Manager of City of Dreams Mediterranean and Cyprus Casinos “C2”. With...

Cyprus industrial production value and employment increased in 2018

Cyprus industrial production value and employment in the sector increased in 2018 by 11.4% and 7% respectively on an annual basis, data released by...

CySEC fines Commerzbank AG €650,000 for market manipulation

    The Board of the Cyprus Securities and Exchange Commission (CySEC) completed its investigation regarding the compliance of the now defunct Cyprus Popular Bank (CPB)...

New espresso blends at Alphamega Hypermarkets’ cafeterias

    Alphamega Hypermarkets are investing in the coffee culture that has grown significantly in Cyprus over these past few years, making sure to offer high-quality...

KEDIPES proceeds plunge by 35.6% due to coronavirus pandemic

Revenue of KEDIPES, the state-owned asset management company plunged by 35.6% in the first quarter of 2020 compared with Q4 of 2019, due to...

Industrial producer prices in Europe and Cyprus decrease in May

In May 2020, industrial producer prices fell, compared with April 2020, by 0.6% in the euro area by 0.5% in the EU and by...

Property sales recover following lockdown easing

Property sales island-wide are back to February levels in June following the lockdown brought about by the Coronavirus outbreak, Insider reports. According to data from...

President to lay foundation stone for Cyprus LNG Import Terminal

    In a ceremony on July 9, President Nicos Anastasiades will lay the foundation stone of Cyprus LNG Import Terminal, which will pave the way...

INVEST CYPRUS: Quality Investments for the Country

The facts may have changed the Cyprus Investment promotion agency's action plan, but not the main core of its efforts, the attraction of quality...

Industrial production down by 10.6% in first four months of 2020, by 35.3% in April

Industrial production was down by 10.6% on an annual basis in the first four months of the year, while it fell by 35.3% in...

Fuel sales bounce back following easing of lockdown

Fuel sales returned to a recovery path in May when the easing of lockdown measures began in Cyprus. According to data published by the Statistical...

Cyprus’ Natural Gas Infrastructure Company secures €80 million financing by EBRD

European Bank for Reconstruction and Development (EBRD) gave the green light for 80 million euros funding to the Natural Gas Infrastructure Company of Cyprus...

Giovani Group: First 30 villas of “Levanda Hills” project delivered

  Giovani Group’s state-of-the-art luxury holiday home complex Levanda Hills in Ayia Triada in Protaras is fully ready to welcome its first guests, the company...

Top Stories

PM Mitsotakis: Greece-Egypt’s agreement on maritime zones a national success

Prime Minister Kyriakos Mitsotakis said on Friday that the agreement between Greece and Egypt for the delimitation of their maritime zones, reached on Thursday,...

Cyprus’ President calls on Cypriots to donate food for Lebanon

Cyprus' President Nicos Anastasiades has called on Cypriot citizens, companies and businesses to contribute by donating generously to the campaign for collecting specific kinds...

Cyprus rescue teams begin operations in Beirut

Cyprus rescue teams which are in Lebanon began their operations since 7 am on Friday, in cooperation with a team from Qatar in Beirut`s...

Toddler almost drowned in Paralimni

A 14-month-old girl almost drowned on Friday morning at Paralimni. According to police, it was around 8:30 am when the baby girl who resides in...

Municipalities in partial suspension of payments

The chairman of the Union of Municipalities Andreas Vyras, revealed the dire financial situation in which the municipalities find themselves due to reduced revenues...

Taste

Octopus ‘Kathisto’ (or Octopus braised in Wine)

Ingredients: 1/2 cup Greek extra virgin olive oil 2 medium onions, chopped fine 1 large octopus, about 2kg (cleaned and kept whole) 3/4 cup dry red wine 1/3 cup...

Homemade lemonade

Ingredients: 1 cup lemon juice 1 cup sugar Method: Thoroughly wash the lemons with soap and warm water. Roll each lemon with the palm of your hand, pressing...

‘Striftaria’ mini cheese pies

Ingredients 1 ½ cup milk 2 tbsps. flour 4 tsps. of butter 3 eggs, slightly beaten + 1 extra with 1 tbs. of milk for spreading 1 pack of...

Mini potato canapes baked on salt

Ingredients Serves: 12 1kg small Cypriot potatoes rock salt, as needed 250g salted butter 300ml full fat cremé frâiche 1 pot cod or salmon roe Method Prep:20min › Cook:35min › Ready in:55min Take...