6 h. ago Cyprus’ digital habits rank among the EU’s strongest in 2024

Cyprus emerged as one of the EU’s most active countries for online cultural engagement in 2024, with 94 per cent of internet users watching TV or videos online.   This placed the island just behind the Netherlands and Finland, which topped the list at 96 per cent each, according to Eurostat revealed this week.   By contrast, […]

Politics

10 h. ago Cyprus Business Now: FDI, Skourides, Invest Cyprus, CSE, financial literacy

Parliament on Thursday began debating legislation to screen foreign direct investments in strategic sectors, aligning Cyprus with EU rules designed to safeguard security and public order. The bill, approved by the Council of Ministers earlier this month, implements Regulation (EU) 2019/452, which establishes a framework for monitoring foreign direct investments (FDIs) into the European Union […]

Economics

26 h. ago Shiva Ramnarine’s Mobius platform removes human bias from financial approval processes

Organizations worldwide lose significant portions of their non-labor spending annually due to biased procurement decisions and vendor manipulation. Financial executive Shiva Ramnarine has developed a digital platform through Mobius Consulting that addresses this costly problem. His innovation? A complete restructuring of how organizations approve spending decisions, targeting the psychological blind spots that cost millions. “Instead […]

Politics

28 h. ago Cyprus strengthens ties with UAE in AI and tech collaboration

Chief Scientist Demetris Skourides recently completed a high-level business visit to the United Arab Emirates, according to an announcement released on Thursday. The visit aimed to “reinforce Cyprus’ role as a forward-looking hub for artificial intelligence, deep technology, and innovation-led economic growth”. “The visit formed part of Cyprus’ broader strategy under Vision 2035 to foster […]

Politics

33 h. ago Algorithmic trading risky without oversight, warns CSE official

Artificial intelligence (AI) is rapidly transforming financial markets by bringing “speed and innovation” to the sector, according to Eliza Stasopoulou, senior officer at the Cyprus Stock Exchange. However, Stasopoulou also cautioned that its successful use depends on having “strong regulations, ethical safeguards, and human oversight” to ensure technology serves the public good. She underlined that […]

Events

33 h. ago Cyprus Business Now: ICT, sanctions, digital euro, disability care debate, RIF

The Cyprus association of care home owners on Tuesday expressed “strong dissatisfaction” over the way House labour committee discussed living conditions in private and state care homes for people with dissabilities. The association, a member of the Cyprus Chamber of Commerce and Industry (Keve), stressed that its exclusion from the discussion was unacceptable, “especially given its […]

Politics

38 h. ago Jet2 shares fall as 2026 outlook withheld amid booking delays

British low-cost airline and travel firm Jet2 (JET2.L) said it was premature to give a forecast for fiscal year 2026 as later bookings and global uncertainty clouded visibility into future business, sending shares sharply lower on Wednesday. The global travel and leisure sector is operating against the backdrop of geopolitical disruptions and inflationary cost pressures, […]

Politics

57 h. ago Another yellow warning? Cyprus summer is just being Cyprus again

Another yellow warning? Cyprus summer is just being Cyprus again  Kathimerini.com.cy

Events

57 h. ago Cyprus Business Now: airports, property, graduate employability, CySEC

Cyprus is stepping up its air connectivity this summer, with Larnaca and Paphos airports offering an expanded network of destinations across Europe and the Middle East. The move, driven by Hermes Airports in close partnership with airlines and tourism stakeholders, aims to enhance options for residents and support the island’s growing visitor flows. Larnaca Airport […]

Politics

68 h. ago UK and France must end dependency on US and China, Macron warns

French President Emmanuel Macron said on Tuesday Britain and France must work together to counter the world’s many destabilising threats and protect Europe from “excessive dependencies” on the United States and China. Macron, in a rare address to both houses of the British parliament, celebrated the return of closer ties between the two countries as […]

Events

3 d. ago Green awards in Limassol highlight growing environmental culture

Green Key and Green Offices certifications do more than reward good behaviour,” environment commissioner Antonia Theodosiou said on Tuesday during the Green Awards ceremony in Limassol. “They build a strong culture of environmental responsibility,” she added. The ceremony, organised by CYMEPA as the national coordinator of the programmes, recognised 42 hotels, five restaurants, and three […]

Events

3 d. ago Blaze at Cairo telecommunications building kills four, disrupts internet, phone

Four workers were killed and at least 22 others were injured in a fire that broke out on Monday at a key data centre in Cairo, Hossam Abdel Ghaffar, the spokesperson at Egypt’s Health Ministry, told Reuters on Tuesday. The blaze at a Telecom Egypt facility, which state TV said was contained on Monday, caused […]

Events

3 d. ago Airlines launch new services to Cyprus’ key airports this summer

Cyprus is stepping up its air connectivity this summer, with Larnaca and Paphos airports offering an expanded network of destinations across Europe and the Middle East. The move, driven by Hermes Airports in close partnership with airlines and tourism stakeholders, aims to enhance options for residents and support the island’s growing visitor flows. Larnaca Airport […]

Politics

3 d. ago Potato farmers call for overhaul of compensation rules as drought bites

Potato farmers are demanding sweeping changes to compensation rules for extreme weather, warning that prolonged drought has pushed many to the brink of survival. Farmers from across Cyprus are set to hold an open meeting on July 9, at the Liopetri amphitheatre. According to a report on Politis, farmers will discuss how to tackle severe […]

Politics

3 d. ago Trade turbulence deepens: Trump hikes tariffs on 14 countries, including ‘allies’

U.S. President Donald Trump opened a new phase in the trade war he launched this year, telling partners, from powerhouse suppliers such as Japan and South Korea to minor players, that they face sharply higher tariffs from August 1. The imposition of a levy of 25% on U.S. importers of all goods from key allies […]

Politics

3 d. ago Hopes fade for missing Texas flood victims as death toll hovers around 100

Search teams plodded through muddy riverbanks and flew aircraft over flood-ravaged central Texas on Monday as hopes dimmed of finding survivors among dozens still missing from a disaster that has claimed at least 96 lives, many of them children. Three days after a torrential predawn downpour transformed the Guadalupe River into a raging, killer torrent, […]

Events

3 d. ago Cyprus Business Now: CySEC, tourism, hospital tookover, job satisfaction

Finance Minister Makis Keravnos on Monday will chair a Eurogroup meeting, which is also set to elect a new president for the next two and a half years. According to a statement from the Finance Ministry, ministers will first exchange views on the coordination of fiscal policies within the eurozone. They will also adopt a […]

Society

3 d. ago ExxonMobil discovers new offshore natural gas reservoir near Cyprus

ExxonMobil discovers new offshore natural gas reservoir near Cyprus  Business Standard

Politics

4 d. ago Cyprus Travel Warning: What British Tourists Need to Know Before Heading to the Island This Summer

Cyprus Travel Warning: What British Tourists Need to Know Before Heading to the Island This Summer  Travel And Tour World

Events

4 d. ago Toros: Political Equality Key to Cyprus Peace and Regional Stability

Toros: Political Equality Key to Cyprus Peace and Regional Stability  Kıbrıs Postası

Politics