The government has launched a new housing scheme allowing private companies to build dedicated, smaller collective residential units for their…
Vehicle torched in Nicosia arson attack
Authorities were alerted following the arson of a vehicle in Nicosia. According to philenews, the incident occurred yesterday around 11pm…
Yellow weather warning for storms issued on Wednesday
The Met Office has issued a yellow weather warning for Cyprus, in effect from 5am to 4pm on 10 December.…
Cloudy weather with rain and thunderstorms expected Wednesday
Wednesday will be mainly cloudy with isolated rain and thunderstorms expected at times. Hail may fall during thunderstorms. Winds will…
Finance ministry backs limited tax-free income rise to protect state revenues
The Finance Ministry has accepted changes to tax reform bills but insists they must be limited to avoid derailing public…
Nexans cancels tenders as Cyprus-Greece freeze Great Sea Interconnector
Nexans has cancelled tenders for works related to the Great Sea Interconnector after the joint decision by Cyprus and Greece…
Paralimni, Ayia Napa tell residents to limit travel as storm Byron to batter area tonight
Municipal authorities in Ayia Napa, Paralimni, and Dherynia have urged residents to restrict unnecessary travel as the island prepares for…
Why ultra-wealthy families are turning to private label investment funds?
In recent years, private label investment funds have gained popularity among ultra-high-net-worth individuals (UHNWIs) and their family offices. These funds…
Government to build 500 affordable housing units for €70 million
The government will build approximately 500 housing units across four provinces at a total cost of €70 million, President Christodoulides…
Cyprus seeks Israeli expertise on water management and food security, ministry says
Agriculture Minister Maria Panayiotou made a two-day working visit to Israel for contacts in Tel Aviv and Jerusalem aimed at…