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BoC NPLs portfolio goes to Gordian Holdings Ltd

Bank of Cyprus is very close to reaching an agreement with Apollo investment fund for the sale of a portfolio of non-performing loans with...

Opening of Cyprus’ integrated casino postponed

Cyprus’ first integrated casino resort will open its doors to the public by end of 2021 and not in the summer of that year...

Target of 11 million passengers in 2019 feasible

Cyprus’ target to hit 11 million passengers in 2019 is totally feasible, according to Maria Kouroupi who is Hermes Airports’ Senior Manager Aviation Development,...

New job openings at Cyprus Casinos (C2)

New job openings have been announced at Cyprus Casinos (C2) satellite casinos in Ayia Napa, Nicosia and Limassol by Melco Group, the company behind...

Some 17,000 safe deposit boxes in Cyprus banks

Six years after the haircut on deposits in Cyprus and it seems that fear still prevails considering the rising number of safe deposit boxes...

Emphasis on technology rather than on public sector

Major changes will have to be made to the development model of the Cypriot economy in the coming years to win the challenge of...

Retail trade up in the first three months of the year

Retail trade increased in the first quarter of the year, official figures show. On the basis of provisional estimates of the Statistical Service of Cyprus,...

Property worth millions under the hammer

June seems to be the month of auctions in Cyprus with numerous flats, plots of land and industrial-use buildings set to come under the...

Cyprus to adopt new Transfer Pricing regime

After consulting with professionals in the Mediterranean island’s service sector the Finance Ministry is drafting a bill on Transfer Pricing guidelines. The Transfer Pricing regime...

Bank of Cyprus, Hellenic ‘mark’ sectors

Developments over the past recent months seem to indicate that the island’s top lenders - Bank of Cyprus and Hellenic - are informally ‘marking’...

Hellas Direct and Superhome Center partner up to bring changes in home insurance

Insurance company Hellas Direct has teamed up with Cyprus retailer, Superhome Center, the two companies said in a press release on Friday. The partnership plans...

China airline association estimates losses from 737 MAX grounding at $579 mln

The China Air Transport Association (CATA) on Friday said it estimates losses at Chinese airlines caused by the grounding of Boeing Co's 737 MAX...

Capitalisation value of banks a big challenge

Banks in Cyprus are in the process of raising capital and distance themselves from the lows recorded in the previous months. After the announcement of...

State loses millions from cigarette smuggling

The state seems to be losing millions from cigarette and tobacco smuggling via the breakaway occupied northern part of the divided island, according to...

Nicosia Hilton renamed The Landmark Nicosia by new owners

After its acquisition by PANGAEA and Invel, the Nicosia Hilton is changing its name to The Landmark Nicosia.  The new name and logo will...

Historic agreement for Egypt-Europe electricity interconnector via Cyprus

A historic framework agreement was signed in Cairo for the construction and commissioning of the EuroAfrica Interconnector which will interconnect the electricity networks of...

Greek depositors’ lawsuit against Cyprus drags on

Six years after the Cypriot bank ‘bail-in’ of 2013 and the legal battle against the Republic of some 950 Greek citizens who were customers...

Prime acts to improve its Solvency Capital Requirement

Measures to strengthen its Solvency Capital Requirement are undertaken by Prime Insurance. As reported in the insurance company's unsecured solvency and financial report for...

Jamie Oliver’s UK restaurants fall victim to high street woes

British celebrity chef Jamie Oliver's restaurant chain went into administration on Tuesday, threatening around 1,300 jobs in the latest blow for Britain's high street. Oliver,...

Thomas Cook loses ground and raises concern

Challenges for Cyprus’ tourism are complex this year with strong and growing competition from neighbouring countries on the one hand and financial losses by...

Apollo Heights goes to Apollo Fund

US-based Apollo investment fund appears to be the new ‘owner’ of the loan for Apollo Heights Polo Resort in Episkopi, Limassol, which is one...

Top Stories

Government says continuing demarches on crossing points

    Demarches continue on the part of the government of Cyprus, both with the United Nations and Turkish Cypriot leader Mustafa Akinci in relation to...

Cyprus to establish a Deputy Ministry of Culture

    Cabinet has decided to go ahead with the establishment of a Deputy Ministry of Culture, Deputy Government Spokesman Panayiotis Sentonas said on Wednesday. “Following a...

Merkel urges greater EU unity in face of coronavirus crisis

    German Chancellor Angela Merkel on Wednesday laid out a vision of greater unity and democracy to ensure the European Union emerges stronger from the...

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 ...

Harvard, MIT seek temporary halt to Trump administration rule on international students

  Harvard University and Massachusetts Institute of Technology have asked a federal court to temporarily block a Trump administration rule that would bar foreign students...

Taste

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...

Cyprus sprouts with cream and prosciutto

In a big, deep frying pan, fry the prosciutto in the olive oil, on medium heat for 2 minutes. Add the onion and garlic...

Pork burger with sundried tomatoes, mozzarella and anchovies

Mix all the ingredients together with the mince in a bowl, and combine well. Divide into 4 balls and form the burgers. Warm a griddle/pan...

Sheftalies

Wash the lamb cauls with plenty of cold water and let them settle in water and vinegar for a little while. Soak the bread crumbs...