Home Insider Business

Business

Actual Individual Consumption expressed in Purchasing Power Standards in Cyprus stood at 94%

Actual Individual Consumption (AIC, a measure of material welfare of households) expressed in Purchasing Power Standards (PPS) varied from 56% of the European Union...

Cyprus signs contracts for LNG terminal

Cyprus and a consortium led by China Petroleum Pipeline Engineering Co Ltd on Friday signed a contract for the construction of the nearly €300...

Natasa Pilides on Lloyd’s List of top 10 influential women in shipping

Cyprus deputy minister for shipping Natasa Pilides has been included in Lloyd’s List Top 10 most influential women in Shipping. In an announcement, the Shipping...

Cyprus businesses are in the digital age

Businesses in Cyprus are in the process of digitisation and in addition to basics – such as the use of computers – they are...

New owners for Nicosia Mall

Nicosia Mall has a new shareholding structure now that Bank of Cyprus's stake has been transferred to a total of six business groups, according...

Cyprus tops list of EU states falling short on market abuse rules

Cyprus fared worst in a "peer review" of national regulators in the European Union for failing to fully comply with rules to stamp out...

What specific AirBnB regulations Cyprus hoteliers demand

Proposed legislation aiming to regulate short-stay rentals via AirBnB platforms has been debated by MPs for over a year and a half, yet the...

Banks look out for new sectors to grant new loans

With interest rates at a historic low and high liquidity recorded, Bank of Cyprus and Hellenic Bank have granted a total of €2.17 billion...

Global Volunteer Week 2019 by DP World Limassol

During its annual Global Volunteer Week, DP World Limassol carried out a Blood Donation drive and fundraising in cooperation with P&O Maritime Cyprus, aimed...

Tourism industry’s collective agreement to be finally signed

It seems that after a long-lasting process, the hotel industry’s collective agreement has reached its end with the signing between the two sides expected...

US sanctions against three Cypriot companies

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) which is targeting corrupt actors and their networks across numerous countries in...

Festive Season at Cyprus Casinos “C2”

Cyprus Casinos (C2) has decked up the holiday season to welcome guests for the special Christmas festivities and New Year’s celebration. A large crowd gathered...

Assets under management of Collective Investments at €7.7b

Management Companies and Undertakings of Collective Investments (UCIs) recorded a further increase in the third quarter of 2019, according to the quarterly bulletin issued...

JCC: Local credit card use up 12% since start of 2019

Credit card use locally by Cyprus credit card holders slipped an annual 2% in November to total €284,194,352 , according to figures issued by...

Most property mortgages recorded in Nicosia and Limassol

New mortgages valued at €2.5 billion were recorded over the first nine months of 2019, reflecting the state of play of real estate in...

CySEC: Fines of €7.5m imposed in 2018

Cyprus Securities and Exchange Commission (CySEC) has imposed fines of a value of €7.5 million in 2018, its Chairwoman Demetra Kalogerou told Cyprus President...

Vehicle registration down in first eleven months of 2019

Vehicles registrations were down in the first eleven months of this year on an annual basis according to data data released by the Cyprus...

Sunset Gardens: A €30m project near Limassol’s casino

A study has been submitted recently for a €30 million project called “Sunset Gardens” near Limassol’s integrated casino resort by CITRUS GARDENS DEVELOPMENT LTD. The...

CFA Society Cyprus welcomes new members

CFA Society Cyprus welcomed its 20 new members at a special award ceremony in Nicosia, in the presence of Richard Fernand, the Senior Director...

Legal ‘battle’ over port tariffs in Cyprus

The Cyprus Chamber of Commerce and Industry (KEVE) has referred the issue of increased port tariffs to the Legal Service since it disagrees with...

“Poseidon” is coming to Limassol

There are plans for another large development project in Limassol. It is called "Poseidon" and is a residential development of nine floors consisting of 13...

Top Stories

EU population down by 12.8% in 2019, increase by 13.7% in Cyprus

Cyprus recorded the third-highest population increase in the EU in 2019, a new report by Eurostat published on Friday indicates. On 1 January 2020, the...

Paphos: Grievous bodily harm against 64-year-old

The Paphos CID is investigating a case of grievous bodily harm against a 64-year-old, the CNA reports. According to the police, around 17:30 on Thursday...

Fujifilm’s Avigan inconclusive in COVID-19 patients in Japan trial

A clinical trial of Fujifilm Holdings Corp's Avigan drug yielded inconclusive results as a treatment of COVID-19, Japanese researchers said on Friday. Although patients given the drug...

Limassol: Fire causes extensive damage to historic Ayios Mamas church (photos, video)

A fire that started from a candle has caused extensive damage to the iconostasis and the roof of the historic Ayios Mamas church in...

Moungra

Moungra is a traditional Cypriot mezze which consists in cauliflower pickled in fermented bread dough and typically served as an appetizer or meze. It...

Taste

Moungra

Moungra is a traditional Cypriot mezze which consists in cauliflower pickled in fermented bread dough and typically served as an appetizer or meze. It...

Cheesy Eggplant Rolls

Ingredients 4 Eggplants 2 tbsp olive oil 1 chopped onion, 2 grated carrots 1 garlic clove (sliced) ¾ of the cup finely chopped canned tomato, ½ ts sugar 1 ts oregano 2 tbsp...

Black eyed peas with chard (Louvia me laxana)

Ingredients: 2 cups black eyed peas small lemon (juice) + 1 tsp lemon zest 1 bunch Cypriot chards olive oil & lemon for serving salt & pepper Method: Step 1 Put the...

How to make triandafillo ice cream, by UK Cypriot chef Loulla Astin

  Just in time for the scorching heat, UK Cypriot chef Loulla Astin has shared her recipe for refreshing triantafillo ice cream -- or as...