. After pending for 8 years a proposed Famagusta region golf course seems to have a chance of getting the go-ahead (be it that it will take another 1-2 years to have the proposal preparation and the final decision to follow). Much of the delay was caused by the developers themselves who originally submitted a
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. A driver posting a video of controlling a car with his feet did the rounds on social media platforms, prompting the police to issue a stern warning that driving like a clown is no joke. Well, it might have come as a surprise to our thin blue line that every day on every road,
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A Cyprus leader in juice and squashes, KEAN celebrating seven decades in the industry is looking to expand its activities in the food and beverages market by introducing new products to satisfy consumer demand. KEAN, after 70 years of marketing perhaps the country’s most recognisable juices, is now seeking to put new products on
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Cyprus’ ESTIA scheme to subsidise borrowers with toxic mortgages is failing to generate the expected interest with less than 3% of loan defaulters applying for government help. ESTIA was launched in September in an attempt to reduce the island’s bad debt mountain. Analysts attribute the failure of the government plan to a large
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. A pointless discussion has resurfaced about the need to build a tramway for Nicosia while no one talks about why people shun public transport, especially the buses that have renewed fleets, improved networks and the occasional extended service. Let’s admit it – it’s a culture problem. As with many things reminiscent of the island’s
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With Harris Georgiades stepping down from his post as Finance Minister, a broader reshuffle of the cabinet is expected to take place with several changes in key ministries. It is rumoured, incumbent Interior Minister Constantinos Petrides is set to move to the high-profile Finance Ministry. Recent reports suggest President Nicos Anastasiades will introduce new
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. By Makis Georghiou The Crete-Attica subsea electricity link connecting the power grids of Israel and Cyprus to Europe via Greece has again been delayed, despite being taken away from the Cypriot project promoter as a matter of “national urgency”. This is no longer the case as the government in Athens is going from one
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Cyprus banks are now able to sell-off foreclosed properties online as the Minister of Finance Harris Georgiades issued a decree allowing electronic auctions. Online auctions was a key demand from the banks to help them reduce the large volume of real estate accumulated in their portfolios from foreclosures. The decree foresees that bidders must submit
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Cyprus Police on Friday identified a man who had posted a video stream of himself driving a car with his feet on the steering wheel while navigating a busy motorway. According to reports, a 43-year-old driver was called in for questioning at a Limassol police station and charged with traffic offences after the video went
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Despina Panayiotou Theodosiou, co-CEO of Limassol-based communications company Tototheo Maritime has been re-elected President of WISTA International, the professional networking women’s shipping and trading association. She was re-elected during the 39th WISTA International AGM held in the Cayman Islands and has been praised for her work in promoting diversity in the shipping industry. “As 2019
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