It is noticeable how city centres can change from one day to another, so to speak. Larnaca, the “poor” relative of all towns, partly due to its unfortunate vocal pressure groups and some municipal corruption in the past, has been left behind in its development. The very recent upgrade of the original town with numerous … Read more
Cyprus remains a prime destination for investors eyeing lucrative deals in the real estate sector, as the island offers a variety of investment opportunities for both local and foreign investors, according to a leading real estate company. The biggest opportunity at the moment is on the south east coast, in Larnaca, as the government moves … Read more
Cyprus, are you ready for some French jazz? This June, the wonderful French Jazz and Swing Quintet Divarco will make their Cyprus debut with two performances in Limassol and Nicosia that promise to serenade the night away.Based in Greece, the quintet is known for its exquisite renditions of quintessential 30s and 40s swinging jazz favourites. … Read more
Over the objections of the auditor-general and environmental groups, it was reported on Monday that the government is going ahead with the tenders’ process for the construction of fish farms in the area of Pentakomo.The €34 million project is being run by the Department of Fisheries and Marine Research. Both the auditor-general as well as … Read more
Until recently we had the impression that foreign well-sounding brands were the criterion of buying e.g. clothing from €100 to €500, because they are of an international brand and therefore if you are show-off who seem to be the majority, not only will you buy the brand, but with great pride you will tolerate the … Read more
Cyprus is facing a severe water shortage with reservoir levels at a record low. The lack of rainfall has left many dams below average capacity, with the largest dam, Kouris, holding only 41.9 million cubic meters of water compared to 61 million last year. Overall, national water storage is at just 42.1% of capacity, down from 65.6% last year. The situation is expected to worsen as temperatures rise in the approaching summer months.
Fact: Cyprus is set to make a significant showing at the international shipping conference Posidonia 2024 in Athens, with around seventy companies participating.
Options for Larnaca’s port and marina are being evaluated, with a commitment to inform the public about next steps soon. The Amalthea initiative at the port is currently not operating with cranes, but efforts are being made to increase output. Pay interruptions for employees are being handled by the labour ministry. Both a marina and a port will be the outcome of the project, with a re-evaluation of the types of cargo transported through Larnaca. The possibility of niche specialization for farmers and livestock operators is being considered. The project may involve breaking it down into smaller components and reducing its scale. The restart of the project may take time and changed circumstances must be taken into account. The state’s public works department may take on building roads and pumping stations to speed up the process.
The Cyprus government has scrapped a €1.2 billion concession for the development of the Larnaca marina and port, leading to questions about the financial viability of public contracts and the administration’s cash flow.
A landmark exhibition called “Casts of an Island 2024” opened in Limassol, Cyprus, showcasing 120 artworks by 43 artists. The exhibition is curated by collector Nicos Chr. Pattichis and is housed in the former Carob Warehouse, now transformed into a cultural space by the PSI Foundation. The exhibition coincides with the 50th anniversary of the 1974 Turkish invasion of Cyprus and features a variety of artworks, including political pieces inspired by the event.