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Registration of motor vehicles in Cyprus down 20.3% in January-August 2020

The total registrations of motor vehicles decreased by 20.3% to 24,969 in January-August 2020, from 31,336 in January-August 2019, according CyStat. Passenger saloon cars decreased...

Only four out of 10 hotels in Nicosia currently in operation

Only four out of 10 hotels in the capital of Nicosia are now operating with the coronavirus having gravely affected them, Philenews reported on...

AstroBank CEO Loizides steps down, replaced by Vourakis

The Board of Directors of AstroBank Public Company Limited has accepted the resignation for personal reasons of the lender's CEO Constantinos Loizides (photo) and...

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...

Top Stories

Spicy grilled soutzoukakia

Place all ingredients for soutzoukakia in a bowl and mix well, preferably using a food processor, until well combined. Using the mixture, form cigar-shaped...

Student gambling in Cyprus on the rise

An increase in the number of young people gambling has been recorded in the European Drug Report 2020 presented on Tuesday by the Cyprus...

Cyprus marks highest rate of registered first-time asylum applicants

The highest rate of registered first-time asylum applicants during the second quarter of 2020 was observed in Cyprus, according to Eurostat. The latest data, released...

Additional two new coronavirus cases added to Tuesday’s 15

The Ministry of Health has announced two additional positive covid-19 cases to Tuesday's total of 15, Philenews reported on Wednesday. One case concerns a football...

World becoming less tolerant of migrants – Gallup poll

The world is becoming less tolerant of migrants, according to a poll released on Wednesday as Europe prepared to unveil a new asylum plan...

Taste

Spicy grilled soutzoukakia

Place all ingredients for soutzoukakia in a bowl and mix well, preferably using a food processor, until well combined. Using the mixture, form cigar-shaped...

Souvlakia

Pork souvlaki: Put the meat and all the other ingredients in a bowl (not metal) and mix well. Cover the bowl and keep in...

Pastelli (Carob Toffee)

The nutritional sweet of Pastelli is made with the syrup of carob pods, produced by boiling their pulp until it forms a thick, sticky...

Meatballs with tomato and cumin

Place all meatball ingredients in a bowl and knead well with hands. Keep the mixture in the fridge for approximately 1 hour to thicken. In...