Staff Reporter

CarVal Investors, a prominent investment fund, has further reduced its stake in the Bank of Cyprus, decreasing its shareholding from 4.99 per cent to 3.07 per cent, according to a report from ...

Police on Thursday are investigating a fire in a private vehicle in Astromeritis, which broke out overnight. According to fire service spokesman Andreas Kettis, the Nicosia service shortly before midnight ...

Thursday will be partly cloudy and at times overcast with isolated rains and snow expected in the higher mountains. Temperatures will rise to 12C degrees inland, 15C on the coast, ...

The public works department announced on Wednesday that a section of the Limassol-Nicosia motorway will be closed overnight on Thursday due to maintenance work. The closure will affect the stretch ...

The Bank of Cyprus witnessed a surge in trading activity during the latest session at the Athens Stock Exchange, according to a report from Stockwatch. Specifically, shares worth €32 million changed ...

Applications for matters of water supply will now be processed only online, the Famagusta district local government organisation (EOA), announced on Wednesday. In its announcement, EOA said the move comes ...

A blaze in Vasa Koilani, in Limassol, was brought under control by the fire service said on Wednesday, after an all-night battle. Fire services spokesman Andreas Kettis told the CyBC ...

An unusually strong wind field prevails on Wednesday, with unpredictable gusts up to 7 Beaufort, and isolated storms with hail expected. The meteorology department issued a yellow weather warning in place ...

A private vehicle parked on a pavement outside the owner’s home in Lakatamia, Nicosia was set alight in the early hours of Tuesday resulting in extensive damage, the fire ...

Banks in Cyprus and Greece have announced significantly improved profit distribution policies, reflecting their strengthened profitability over the past three years, according to a report from Stockwatch. Following the release ...

Many hotels across Cyprus’ tourist areas have undertaken partial or extensive upgrades in recent years, despite challenges facing the tourism sector. Hotel industry representatives highlight that Cyprus relies on its ...

Two major investment funds, CarVal Investors and Caius Capital LLP, have significantly reduced their holdings in the Bank of Cyprus in recent months, marking a controlled divestment process, according to ...

A car arson committed in the early hours in the Paphos district was caught on CCTV with police investigations underway on Monday. According to reports, the as-yet unidentified man was ...

A 23-year-old motorcyclist is in critical condition at Nicosia general hospital on Monday. Police reported that the young man was injured in Aradippou shortly after 4pm on Sunday, when he ...

The hot spell is expected to continue on Monday with dust suspended in the air at times. Medium and high clouds are forecast with temperatures rising to 31C inland, 27C ...

Fifty-one third country nationals were arrested on Sunday, police said about a raid conducted earlier in the day.  According to police, ten people were repatriated earlier in the day and ...

The fire service responded to 47 fires over the past day, fire services spokesman Andreas Kettis said on Sunday.  According to Kettis, on Saturday the Fire Service responded to six potentially ...

The weather will be mostly clear on Sunday and temperatures will be warm throughout the island, the met office said. According to the met office, temperatures will rise to around 34...

Saturday’s weather is set to be sunny all day, with temperatures set to rise to a positively baking 32 degrees Celsius inland. On the west and north coasts, temperatures will ...

Analysts covering the Bank of Cyprus have significantly raised their price targets following the release of the bank’s preliminary financial results for 2024. According to a report from Stockwatch, all ...

The professional services sector remains one of the key pillars of the Cypriot economy, significantly contributing to its growth. Limassol has emerged as the main hub for financial, legal, and ...

A 50-year-old Larnaca resident is to appear before the Nicosia district court on Friday for a case of cannabis possession. Officers from the drug squad (Ykan) arrested him at around 7.30...

Friday will be mostly clear with temperatures rising to 29C inland, 24C on the north coast, 27C on the remaining coasts, and 20C in the higher mountains. Winds will be ...

A bright, flaming object was spotted and photographed in the skies over Nicosia on Thursday afternoon, with the Cyprus Astronomy Organisation speculating a possible a meteor sighting. The object was ...