Paphos tops February property deals, €4.8 mln for plot
Paphos and Limassol are driving the island’s property market, according to a monthly survey by Cypriot real estate analytics firm Ask Wire, spotlighting the ten priciest deals in February. The top 50 property deals for the month raked in over €55 mln, with the majority of
Western Texas Intermediate (WTI) is trading around $81.50 on Wednesday, as the US crude oil benchmark edges lower amid the recovery of
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See All »Paphos and Limassol are driving the island’s property market, according to a monthly survey by Cypriot real estate analytics firm Ask Wire, spotlighting the ten priciest deals in February. The top 50
Read MoreA deal by one state-owned company to supply electricity smart meters to another state utility has been challenged by a special court
The Cyprus government is adamant about ending an 8 cent subsidy on fuels after it expires on March 31, with Finance Minister
A leading indicator used to predict the direction of economic movements in Cyprus in future months continues its downward trend and is
Business
See All »Technology pioneer Apple’s current market capitalisation of $2.8 trln ranks it eighth in the world, surpassing the stock exchanges of Germany and Canada, According to Stocklytics.com, the tech giant is ahead of stock exchanges in countries such as Germany (DAX) and
Read MoreShares in Bank of Cyprus Holdings, parent of the island’s leading lender, traded at recent highs on the London and Cyprus stock
2% increase in revenue, 52% increase in mobile subscription base For yet another year, Cablenet has achieved double-digit revenue growth. Specifically, in
The tech giants have weathered the 2022 crises and come out the other side relatively unharmed, with many of them seeing their
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The oil price is now over $86/barrel. According to the IEA this is due to tight supply, increasing demand, the Middle East conflict and Houthi attacks on vessels in the Red Sea.
MoreEgypt is unlikely be able to export any LNG to Europe this summer. In the face of declining production at Zohr, its priority is to secure its domestic energy needs. Production at
MoreMorningstar DBRS has confirmed the sovereign ratings for Cyprus, based on strong economic growth, but warned the island remains exposed to geopolitical shocks, and constrained by the small size of the services
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See All »Egypt is unlikely be able to export any LNG to Europe this summer. In the face of declining production at Zohr, its
The oil price is now over $86/barrel. According to the IEA this is due to tight supply, increasing demand, the Middle East
After six months of Israeli airstrikes and ground operations in Gaza, countering the deadly October 7 Hamas attacks, EU leaders finally called
The new requirements regarding the eligibility to apply for a Cypriot nationality has introduced so many prerequisites that it is almost impossible
Cracks are starting to show in the Cyprus government’s ‘photovoltaics for all’ scheme, aimed at encouraging households to install solar energy panels
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Energy
See All »Western Texas Intermediate (WTI) is trading around $81.50 on Wednesday, as the US crude oil benchmark edges lower amid the recovery of the US Dollar and a surprise jump in U.S. crude and gasoline stocks. Hawkish comments by a Federal Reserve policymaker
Read MoreA deal by one state-owned company to supply electricity smart meters to another state utility has been challenged by a special court
The Cyprus government is adamant about ending an 8 cent subsidy on fuels after it expires on March 31, with Finance Minister
Egypt is unlikely be able to export any LNG to Europe this summer. In the face of declining production at Zohr, its
World
See All »Western Texas Intermediate (WTI) is trading around $81.50 on Wednesday, as the US crude oil benchmark edges lower amid the recovery of
MoreThe EURUSD pair edged higher on Wednesday after European Central Bank Executive Board member Piero Cipollone said that there was room to
MoreThe Japanese Yen continued to weaken against the US Dollar, with the USDJPY pair reaching its highest level since 1990, near 152.00
MoreEgypt is unlikely be able to export any LNG to Europe this summer. In the face of declining production at Zohr, its
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See All »The maritime corridor providing humanitarian aid from Cyprus to the people of Gaza will probably be launched on Sunday, European Commission President Ursula von der Leyen said in Larnaca following her inspection of the port installations together with President Nikos
Read MoreEuropean Commission President Ursula von der Leyen, who won the European People’s Party support on Thursday to run for a second five-year
US-listed Safe Bulkers, Inc. has launched a scholarship programme worth €100,000 for student cadets at the Cyprus Maritime Academy/Intercollege. The annual scholarships
Business leaders from the local and international maritime sectors will be at the 7th Cyprus Shipping Forum in Limassol on Tuesday, where
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Life & Society
See All »Cyprus appears to have taken a little dip in the happiness pool, sliding down four spots
By Angeliki Ktoridi Enter a world where the vibrant hues of Lisa Frank’s iconic designs clash against
Elena K. Tsolakis, co-founder of Kyriakos Tsolakis Architects with offices in Cyprus and the U.K., has
Thirteen people have been arrested for organising 133 sham marriages in Cyprus, all civil weddings in
Cyprus is among the ten most xenophobic countries in Europe, according to the European Social Survey