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Leptos Group: green light for Costa Nopia grand project in Crete

The Greek government has given Cyprus’ leading developers Leptos Group the green light for the construction of Costa Nopia integrated resort in Chania, Crete. Under...

Retail trade turnover up in Cyprus in October

Retail trade turnover in Cyprus increased in October 2019 compared to the corresponding month of the previous year, according to provisional estimates released by...

Passports are the barometer for real estate in Cyprus

Stricter criteria imposed earlier in the year before a Cyprus passport can be acquired have had an impact on property sales, according to a...

Significant movement by key shareholders in public companies

Significant transactions by major shareholders but also by executives at key positions in various public companies were recorded last week. Specifically, in Amathus Public,...

Cablenet: Over 60% of shares now belong to GO

A recent share purchase agreement with Malta-based GO company has raised its stake in Cablenet to 60.26% from 51%. The change came after the capitalisation of...

Petrolina relocating to Vasilikos on January 1, 2020

Cypriot petroleum company Petrolina, is relocating to its own privately-owned facilities at the new liquid petroleum gas terminal in Vasilikos on January 1, 2020,...

DP World Limassol welcomed record number of cruise vessels in November

A record number of cruise vessels arrived at the Limassol port in November, making it the busiest cruise month of the year. DP World Limassol...

Cyprus airport arrivals hit record high with 11 million passengers in 2019

The current year is coming to a close with a new passenger traffic record for the international airports of Larnaca and Paphos, as they...

Cyprus capitalises on Brexit

That EU member Cyprus could benefit from Brexit sounded like a slogan or even like a joke, but it seems that this is actually...

New types of entrepreneurship

Entrepreneurship today does not necessarily go hand in hand with technology and globalisation. Two new types of entrepreneurship that will be incorporated into Cyprus...

Long road ahead as Fiat Chrysler, Peugeot agree $50 bln merger

Fiat Chrysler and Peugeot maker PSA have struck a binding deal to create the world's fourth biggest car maker, and now face the challenge...

Tougher rules in store for Google, Facebook over UK online ads

Britain's competition regulator looked set to spare Google and Facebook an in-depth investigation of their domination of online advertising on Wednesday, but flagged the...

Decree regulating shop opening hours could come back

The island’s Legal Service seems to be paving the way for the decree regulating shop opening hours by the Ministry of Labour to come...

Sale of Ascendis Health’s Cyprus-based Remedica thwarted

South Africa-based health and wellness firm Ascendis Health has announced that advanced discussions for the sale of its crown jewel, Cyprus-based pharmaceutical maker Remedica, had fallen through. The company acquired...

HORECA: 11 awards, including Chef of the Year for Kanika Hotels & Resorts

Kanika Hotels & Resorts chefs won multiple distinctions and awards at The 19th HORECA Gastronomy Exhibition, 2019. One of the biggest  leading international exhibitions for...

Tourist arrivals hit new record

Tourist arrivals in November and in the first 11 months hit a record high, the Cyprus Statistical Service said on Tuesday. Based on the results...

CySEC announces exams for AML compliance officers

The Cyprus Securities and Exchange Commission (CySEC) announced it will start conducting exams for the certification of Anti-Money Laundering compliance officers. About two years...

New state of play for Londa Hotel in Limassol

There have been significant developments at the Londa Hotel in Limassol in recent days, as shareholders appear to have paid off the debt owner...

EU Commission approves shipping support in Cyprus, four other countries

The European Commission said on Monday it had approved maritime transport support schemes in five EU countries - Cyprus, Denmark, Estonia, Poland and Sweden. “The...

Difficulties over set up of Register of Ultimate Beneficial Owners

Even though the Register of Ultimate Beneficial Owners is scheduled to come into Cyprus’ jurisdiction by January 2020, details over the way authorized persons...

Deputy Ministry for Tourism to take part in 17 tourism events abroad in January

Cyprus' Deputy Ministry for Tourism announced it will participate in 17 tourism exhibitions and events abroad, as part of its mandate to promote Cyprus’...

Top Stories

Cyprus’ new covid preventive measures to be announced midday Friday

President Nicos Anastasiades on Friday morning chairs a new meeting with the scientific advisory team on Covid-1 before official announcements are made around midday...

What you need to know about the coronavirus right now

Here's what you need to know about the coronavirus right now: More than 60.68 million people have been reported to be infected by the novel...

AstraZeneca CEO expects to run new global trial of COVID-19 vaccine

AstraZeneca is likely to run an additional global trial to assess the efficacy of its COVID-19 vaccine using a lower dosage, its chief executive...

European Parliament urges EU to impose sanctions on Turkey over Cyprus

The European Parliament has urged the EU to impose sanctions on Turkey after President Tayyip Erdogan this month paid a visit to the breakaway...

EBRD’s mandate in Cyprus to conclude end of 2020

The European Bank for Reconstruction and Development's mandate in Cyprus will conclude by the end of 2020, according to a press release from the lender. Because...

Taste

Squash soup

Ingredients: 1 kg pumpkin, cut into small cubes, approximately 5 cups 2 medium (400g) sweet potatoes, cut into cubes, approximately 2 ½ cups 1 chopped leek, only...

Mezedes

No visit to Cyprus is complete without enjoying the traditional meal of many small dishes known as ‘meze’. This large feast, which has been a...

Prawns with fried cheese, barley shaped pasta

Put the barley shaped pasta into a small pan with salted water, bring to a boil and when tender, drain. Peal the prawns leaving...

Salmon and shrimp sheftalies

Mix all ingredients for tabbouli in a bowl and keep to one side so flavours can combine. Prepare the sheftalies: wash and soak the casing...