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July 2024

outdoor cinema cypriot cinema

A Starlit Screen: Nicosia’s Open-Air Summer Cinema Event

The Nicosia OpenAir Summer Cinema Event, hosted by the Bank of Cyprus Cultural Foundation, offers free outdoor film screenings in its courtyard as part of the Faneromeni24 arts festival. Featuring a mix of familyfriendly adventures, Cypriot humor, Hollywood classics, and documentaries, this cultural treat promises enchanting evenings under the stars throughout August and September.

violence community safety

Three Arrested Following Limassol Altercation

The Limassol altercation involved a violent clash between up to 30 individuals, resulting in property damage and injuries, stemming from an ongoing family feud. Three men were arrested with offensive weapons like iron bars and pipes, and police investigations are ongoing to address the root causes and prevent future disturbances.

leadership legacy

Remembering Antonis Patsalis: A Legacy of Leadership and Service

Antonis Patsalis, the late Chairman of Cyprus’ Natural Gas Public Corporation (Defa), is remembered for his exceptional leadership and service in the Cypriot energy sector. His legacy includes steering Defa through pivotal infrastructure and policy advancements, setting a standard for future leaders in both public and private sectors.

energy projects vasiliko fracas

Pressured House Energy Committee to Discuss Vasiliko Fracas

The urgent House energy committee meeting in Cyprus focuses on the contentious Vasiliko LNG project, EU funding concerns, and scrutiny over award procedures for energy projects. Officials will discuss the feasibility of discontinuing the LNG project for alternative energy investments and provide updates on the CyprusGreeceIsrael electrical interconnector, the Great Sea Interconnector (GSI), along with challenges related to ultimate beneficial ownership (UBO) regulations.

agriculture market transparency

Empowering Farmers and Enhancing Market Transparency

The Agriculture Department is introducing digital platforms to give farmers more control in the market, as the Cyprus Consumers Association sheds light on unfair retail profits. Additionally, the European Commission proposes an observatory to monitor industry practices, while zero VAT on veggies aims to support farmers and reduce consumer costs.

travel risks government advisory

Government Advisory on Lebanon Travel Risks

The government urges against travel to Lebanon and nonessential visits to Israel, specific West Bank areas, and Gaza due to escalating tensions and recent hostilities. Travelers and expatriates should stay vigilant, stay informed through official channels, and avoid the region for safety reasons.

crime investigation

Investigation Intensifies with Fifth Arrest in Nicosia Car Bombing

The Nicosia car bombing investigation has escalated with a fifth arrest, involving a 27yearold resident, as authorities work to uncover the motives and culprits behind the targeted attack on a prison officer’s vehicle on July 4th. The swift police action following the explosion underscores a deepening probe into the incident, leaving the tightknit community in Nicosia anxiously awaiting answers and a sense of closure.

real estate entrepreneurship

Cyprus Business Now

Cyprus’s real estate market in the first half of 2024 saw Limassol dominate with highvalue sales, totaling €144.9 million, led by a €28 million office in Potamos Germasogeia. The diverse mix of properties in Limassol, Nicosia, and Larnaca highlights the vibrant nature of Cyprus’s real estate sector, showcasing a thriving entrepreneurial spirit alongside consumer concerns and government scrutiny.

real estate entrepreneurship

Cyprus Business Now

The Cyprus real estate market is booming, with Limassol leading the charge in highvalue transactions totaling €144.9 million. Nicosia and Larnaca also saw significant sales, highlighting a robust market in the first half of 2024.

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