Elias Neocleous law firm, W11 Ventures enter strategic tie

Elias Neocleous law firm, W11 Ventures enter strategic tie

Elias Neocleous & Co LLC (ENC) and W11 Ventures have formed a partnership to provide strategic, multi-functional seed-to-scale advisory services globally. This partnership leverages ENC’s legal expertise and tech-driven approach with W11’s experience in business innovation strategy, technologies, governance, translational R&D, and investments. The collaboration aims to support companies in becoming more agile and competitive, enhancing their market position through a range of services including legal practice, technology transfer, public policy, digital design, commercialization, startup support, growth acceleration, capital raising, investment readiness, and change management. ENC is a leading law firm with offices in various cities, known for its international expertise and a tech law department that assists startups and technology companies. W11 Ventures is a boutique growth and innovation advisory firm that connects corporates with the innovation ecosystem and supports startups and innovative companies in various development phases.

Woman carrying €420,000 in handbag travelled twenty times to Cyprus transporting millions

Woman carrying €420,000 in handbag travelled twenty times to Cyprus transporting millions

A 31-year-old woman is suspected of money laundering after traveling to Cyprus twenty times in eight months, transporting nearly eight million euros. She passed through Cypriot airports without issue, declaring the money as her own for real estate purchases. The case emerged when she reported a theft of €420,000 in Limassol. Investigations led to her arrest on money laundering suspicions. She frequently traveled from Poland to Athens to Cyprus, declaring over one million euros on multiple trips, including over two million euros within 20 days in February 2024.

Comedy nights in March

Comedy nights in March

The text discusses the variety of comedy shows available in Cyprus this month, highlighting performances both in Greek and English. The local stand-up comedy scene has grown, attracting both local and international comedians. Costa Carastavrakis, a South African-Greek comedian, will perform his show “Desperately Seeking Souvlaki” in Cyprus for the first time, with shows in Nicosia and Limassol. Australian comedian Elena Gabrielle, known for her stories on dating, will return to the island, performing in Larnaca and Limassol alongside local comedian Peter Kypri. Additionally, the Cyprus Comedy Nights featuring Zacharias Zannettou, Hambis, and Pavlos Pavlides will tour various cities, presenting their comedy in Greek.

Cyprus inflation up 1.8% in February

Cyprus inflation up 1.8% in February

The monthly Cyprus consumer price index (CPI) increased by 1.03 points to 114.93 in February, from 113.90 in January. The inflation rate rose by 1.8% from February last year. The CPI rate was up 0.9% from January and 1.75% higher for January-February compared to the same period last year. The largest change from February 2023 was in services (+3.7%), with the largest monthly change in agricultural goods (+5.6%) and the largest change compared to February 2023 in restaurants and hotels (+6.2%). The largest changes from January in the CPI for February were in clothing and footwear (+3.1%) and in food and non-alcoholic beverages (+2.7%). For January–February, compared to the same period last year, the largest changes were in restaurants and hotels (5.9%) and miscellaneous goods and services (3.7%). Year-on-year, February saw the biggest increases in restaurants and hotels (0.62) and food and non-alcoholic beverages (0.43). Catering services (0.60) had the most notable effect on the change of the February CPI compared to the same month last year, while the price of fresh vegetables (0.38) had the largest effect on the change of the February CPI compared to January this year. The CPI calculation includes a weight distribution for the four districts: Nicosia 42%, Limassol 30%, Larnaca 18%, and Paphos 10%. Prices of 805 goods and services are recorded monthly, except for some seasonal products, meat, and fuels, whose prices are collected weekly.

Syrians bloody brawl outside Paphos Mall, as they settled financial score

Syrians bloody brawl outside Paphos Mall, as they settled financial score

More than 10 Syrian citizens living in Paphos were involved in a violent altercation outside the city’s Mall area, using punches, sticks, crowbars, and stones. At least three individuals suffered injuries, and seven were arrested by police, with others being sought. The clash between two opposing groups of Syrians occurred last night and is believed to have been over a financial dispute. The incident lasted more than an hour, and the combatants were reportedly armed with sharp instruments. Eyewitnesses alerted the authorities, leading to the arrest of seven individuals, while three are receiving treatment for non-life-threatening injuries at Paphos General Hospital. The CID is investigating the brawl, which is thought to have been premeditated.

Where to catch live music this week

Where to catch live music this week

– The last week of February, which includes an extra day this year, features several live music events on the island.
– Island Seeds, a local band, will perform at Prozak in Nicosia on February 28 at 8.45pm, presenting original songs and covers.
– Stamatis Kraounakis will have a concert at the Nicosia Municipal Theatre on February 28 at 8.30pm, performing old and new songs.
– Phillip Dyson will present a piano night at Technopolis 20 in Paphos on March 1 at 8pm, featuring classical, ragtime, and early jazz music.
– OnTour will perform at Ravens Music Hall in Limassol on March 2 from 10pm to 2am.
– Speak in Whispers, a metal band, will play at Savino Live in Larnaca on March 2 at 11pm.

International short film festival arrives in Paphos

International short film festival arrives in Paphos

A Greek short film festival, aimed at showcasing young filmmakers, will screen its award-winning films in Cyprus, starting with Paphos. This leading festival of short drama films occurs every September and is presented globally. It is organized by the Department of Contemporary Culture of the Deputy Ministry of Culture, Rialto Theater, Drama Festival, Nicosia Cinema Friends Association, Larnaca Cinema Club, Paphos House of Arts and Letters, and Limassol Cinema Club. Screenings in Paphos are scheduled for Monday and Wednesday at 7.30pm at the House of Arts and Letters.

Two teen drivers caught in Paphos

Two teen drivers caught in Paphos

Police in Paphos caught two underage drivers on Sunday. The first was a 17-year-old driving without a license and without third-party insurance, caught for speeding at 8.30pm. The second case involved a 15-year-old. Additionally, a driver was stopped for a check on Tombs of the Kings avenue and tested preliminary positive for drugs. Over the last three days, 175 drivers were reported for various traffic complaints in Paphos, including 20 for driving under the influence of alcohol and three for driving under the influence of drugs.

Paphos hospital renovation nears completion

Paphos hospital renovation nears completion

The renovation project at the Paphos general hospital, which includes the creation of new spaces and the renovation of existing ones, is expected to be completed in the second quarter of 2024. This project, which started in August 2023 and is part of the Recovery and Resilience Plan, has a total cost of €5,792,633, with €1,537,000 being funded by the EU. The hospital, being the largest in the district, aims to provide better health services and an improved patient experience upon completion of this project. The renovation will enhance the obstetrics-gynaecology department with new facilities including a labour, delivery and recovery room, infant care area, and prenatal clinic. The paediatric department will also be upgraded, with designs accommodating patients with disabilities. Additionally, a new haemodialysis unit, which cost €4,737,000 with €4,016,340 funded by the EU Recovery and Resilience Plan, has been inaugurated. This unit, renovated to European standards, can host up to 27 haemodialysis stations and is staffed by medical and paramedical personnel.

Overnight pharmacies for Friday, 23 February

Overnight pharmacies for Friday, 23 February

– In Nicosia, there are several locations where potatoes can be purchased: Antonios on Arch. Makarios III Avenue, Erricos Hatzigeorgiou on Kyrenia Avenue, Eleni Georgiou on Agiou Pavlou, Maria Gregoriou – Parani on Prodomou, and Katerina Liasi on Arch. Makarios III Avenue.
– In Limassol, potato sellers include Nikos Matthaiou on Agias Zonis, Athouloula Leonidou – Yiaskouri on Kolonakiou Avenue, Angela Markou on Miltonos, and Angelos Votsis on Dodekanisou.
– In Larnaca, Konstantinos Paschalis on Konstantinou Paleologou Avenue and Katerina Evlavi on Arch. Makarios are noted potato sellers.
– In Paphos, Eleni Epaminonda is located on Ambelokipon.
– In Paralimni, Andri Mavrogiannou – Nicolaou can be found on Georgiou Gourouna Avenue.