Private equity rushes to Gulf as fundraising dries up
A growing number of private equity funds are opening offices in the Gulf, hoping to deepen their ties with cash-rich sovereign wealth funds and families in the region as funding ...
‘All signatures on Cyprus gas field agreement must be honoured’ (Updated)
The managing company of the Aphrodite gas field “leaves us in uncertainty,” Energy Minister George Papanastasiou said on Friday.
Speaking ahead of a meeting with Chevron President Clay Neff, and ...
Hamburg skyscraper construction halted in grim sign for German property sector
Construction of one of Germany’s tallest buildings has suddenly halted midway after the developer stopped paying its builder, yet another ominous sign for the nation’s troubled property sector.
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Ethics committee aims to restore Cyprus sport’s reputation
The sports’ ethics committee announced on Friday it will investigate allegations made against the Cyprus Olympic committee (Koe) and some its members during a House committee meeting earlier this week.
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Russia’s biggest drone strike in weeks hits Ukrainian infrastructure
Russia launched a massive drone attack early on Friday, hitting critical infrastructure in the west and south of Ukraine and destroying private houses and commercial buildings in Kharkiv, Ukraine’s ...
Three people dead, several missing after heavy rains, flooding in Tuscany
At least three people have died and several were missing after rivers overflowed due to heavy rains in central Italy, local authorities said on Friday, as Storm Ciaran continued to ...
Nigerian pranksters whip up social media storm after deportation from Cyprus
Two young Nigerian men deported from Cyprus on Monday have caused a social media storm because of a number of unusual plot twists.
The two men were reportedly deported from ...
Colombia rebels say Liverpool star Diaz’s father to be freed
A representative of Colombia’s National Liberation Army (ELN) guerrillas said on Thursday the group will free the father of Liverpool soccer star Luis Diaz, days after kidnapping him in ...
A year on, Mercedes return to scene of last success
Once-dominant Mercedes return to Brazil this weekend for a last chance to avoid going a whole year without a Formula One victory.
Seven-times world champion Lewis Hamilton, who last won ...
Guest recipes with Serene Tharian
An ode to South Indian curd rice
An ode to good-old Curd Rice or Thayir Saadham or Choru Saadham (Thayir is curd or yoghurt, Choru or Saadham is rice). Eating ...
Disney and more at Nicosia International Festival
With the arrival of November, the Nicosia International Festival enters its fifth week, with classical music, a Cypriot band’s debut album and a special concert celebrating the 100 years of ...
Arrest after construction machinery stolen
Police in Paphos on Thursday arrested a 39-year-old man after the theft of electrical construction machinery.
According to the police, the theft was reported on October 23 by the 55-year-old owner ...
Hezbollah leader set to weigh in on Middle East war
Hezbollah leader Sayyed Hassan Nasrallah will on Friday make his first public comments since the Palestinian group Hamas and Israel went to war, a speech that will be scrutinised for ...
Daily News Briefing
In today’s episode, the retail price of petrol has dropped by 8.33 cents per litre after the House of Representatives unanimously passed a law to slash fuel duty on Thursday. ...
Road closure: Mesa Potamos to Platres
The Mesa Potamos to Platres road will be closed from for five days starting next week, the Forestry Department has announced.
According to the announcement, the road will be closed ...
Hunters urged to abide by the rules as season begins
The Cyprus hunting association (Kok) on Friday called for respect of the rules as the hunting season for endemic game is set to begin on Sunday.
In an announcement, the ...
UAE warns against risk of regional spillover from Gaza war
Gulf Arab power the United Arab Emirates warned on Friday that there was a real risk of a regional spillover from the Israel-Hamas war in Gaza, adding that it was ...
Ex-crypto mogul Sam Bankman-Fried convicted of multi-billion dollar FTX fraud
FTX founder Sam Bankman-Fried was found guilty of stealing from customers of his now-bankrupt cryptocurrency exchange in one of the biggest financial frauds on record, a verdict that cemented the 31...
Man arrested for burglary in Paphos
Police on Thursday arrested a 22-year-old man who had been wanted for burglary and theft.
According to the police, the 22-year-old is allegedly involved in a case of breaking into ...
Cyprus GDP forecast revised down by economics research centre
The University of Cyprus’s Economics Research Centre (CypERC) this week revised its projections for the country’s real GDP growth downward for 2023, citing various challenges and uncertainties.
The centre’...
Cyprus Business Now
The City of Dreams Mediterranean has been honoured with the title of the world’s best new luxury resort-casino at the Seven Stars Luxury Hospitality and Lifestyle Awards 2023 (SSLHLA).
In ...
Today’s weather: Partly cloudy, chance of rains
Friday will be partly cloudy at times with light morning rains possible in the west and northwest. In the afternoon isolated rains are expected in the mountains and the eastern ...
UK’s Sainsbury’s sees full-year profit at upper half of guidance
British supermarket group Sainsbury’s forecast full-year profit at the upper half of previous guidance as it reported slightly better-than-expected flat profit for the first half due to demand for ...
Kraft Heinz lifts annual profit target again on margin boost from higher prices
Kraft Heinz (KHC.O) this week raised its 2023 profit estimates for the second time this year after topping quarterly earnings estimates on higher prices for its packaged meals and condiments, ...