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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…

Tax-free income to reach €22,000 under joint party amendment to reform bill

Tax-free income is expected to reach €22,000 under tax reform, up from the €20,500 provided in the bill, through a…

Occupied Nicosia hospital faces evacuation after dams overflow; schools closed

A “state hospital” in occupied Nicosia faces flood risk from overflowing dams, with authorities examining evacuation plans if conditions worsen,…

RSM Cyprus connects generations and inspires prosperity at RSM World Day 2025

RSM Cyprus brought generations together at a special event that inspired collaboration and prosperity, celebrating RSM World Day 2025 and…

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  • State extends reduced electricity VAT until March 2027
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