Archive December 2025

The spouses and children of billionaires inherited more wealth in 2025 than in any previous year since reporting began in 2015, according to UBS’s Billionaire Ambitions Report published on Thursday. In ...

The European Commission proposed measures on Thursday to make the European Union’s capital markets more competitive by easing cross-border operations and giving broader oversight to the European Securities and ...

Flex, an artificial intelligence startup that aims to be a one-stop shop for the financial needs of mid-sized business owners, said on Thursday it has raised $60 million in a Portage ...

Following the passage of a new bill on Thursday, migrants granted asylum in Cyprus will soon be at risk of losing their international protection status if they commit crimes, making ...

The Foundation of State Scholarships of Cyprus (Ikyk) ran out of money and is offering fewer scholarships to university students, said Akel deputy Christos Christofides in the legislature on Thursday. “...

United States President Donald Trump said he was not attending the draw for the 2026 World Cup to receive a prize, but he got one anyway. Trump, who has campaigned aggressively ...

George Penintaex is to become a member of parliament for Dipa after one of the party’s MPs, Marinos Mousiouttas left parliament to become labour minister on Friday. He joins ...

The 2026 World Cup will kick off on June 11 with joint-hosts Mexico playing South Africa at the Azteca Stadium – venue of the 1970 and 1986 finals – followed by South Korea against a playoff ...

Four new names are set to be added to Cyprus’ cabinet on Monday with six positions changing hands following President Nikos Christodoulides’ announcement of a cabinet reshuffle on Friday evening, ...

The Nicosia Municipality’s Christmas events are in full swing. Bringing a bit of that festive magic to different areas of Nicosia is the Ayios Dometios Christmas Fest, an all-day ...

The Polish embassy in Nicosia on Friday said it had no intention to “attribute responsibility for disinformation material distributed online to the Turkish state” after an employee of the embassy ...

Three new water projects will advance by summer 2026, Agriculture Minister Maria Panayiotou announced on Friday after talks with an Edek delegation led by party leader Nikos Anastasiou. During the meeting, ...

The 48-year-old man suspected of attempting to murder a 61-year-old in Vryssoules last August by running him over with a car was released on bail on Friday. He is due ...

Paphos authorities are on standby for the approaching severe weather system dubbed “Byron,” with crews and equipment ready to manage potential flooding as emergency services inspect vulnerable areas. The Paphos ...

The first major XRP rally produced returns so large that many investors still refer to it as one of the most defining moments in crypto history. Now, with XRP no ...

Close allies of the north’s ‘prime minister’ Unal Ustel have this week faced court and sackings from their jobs within the north’s largest ruling political party the UBP ...

The deputy welfare ministry is required to find housing solutions for approximately 250 people across Cyprus each year, according to deputy ministry officer, Phaedra Exadactylou. The comment follows public concern after ...

Trade unions Pasydy and Pasynm on Friday welcomed amendments to the criminal code tightening penalties for attacks on health-care professionals on duty, approved by the House on Thursday evening. Pasynm, ...

President Nikos Christodoulides announced six changes to his cabinet on Friday in the second major reshuffle of his term so far, and the first in almost two years. Michael Damianos, ...

Nicosia mayor Charalambos Prountzos on Friday called on the government to immediately fund the full restoration and expansion of Faneromeni school so it can house the University of Cyprus’ architecture ...

The House finance committee is “approaching the end” of its debate regarding the government’s sweeping tax reform proposals, committee chairwoman and Diko MP Christiana Erotokritou said on Friday, describing ...

The Electricity Authority of Cyprus (EAC) on Friday announced a holiday campaign offering 100 consumers the chance to win €100 shopping vouchers if they switch from paper bills to e-bills. The campaign ...

Cyprus has gained a reputation as one of Europe’s most appealing relocation destinations. With year-round sunshine, a business-friendly tax system, a relaxed Mediterranean lifestyle, and a strong expat community, ...

Crowds usually press shoulder-to-shoulder at Karmel Mall, a sprawling Somali shopping center in Minneapolis, where people often greet each other by name, speak Somali more than English and gather to ...