investment news

Thomas Cook and LMEY Investments Eyeball “Healthy” Deals in Greece

2018-11-08 by Phil Butler

News that Thomas Cook Hotel Investments and Swiss hotel development group LMEY Investments, raised €40 million to invest in hotels around the Mediterranean with Greece’s Piraeus Bank bears watching today.

Thomas Cook Sells Off North America Operations for Peanuts

2013-03-26 by Aleksandr Shatskih

Thomas Cook Group PLC has announced selling their North American operations to Canada firm Red Label Vacations Inc. According to the news, the deal was worth only $5.2 million from the firm that operates travel website www.redtag.ca.

Jebel Ali International Hotels Launches Resort Makeover

2011-07-22 by Phil Butler

In hotel news from the Middle East, Dubai based Ali International Hotels has launched a major development pan of all its Dubai properties. The company plans to refurbish several properties to the tune of roughly $40 million US, according to the news.

At Argophilia, we believe in using every tool at our disposal to bring you the stories that matter. You may notice a certain precision in our data analysis, a specific flair in our visuals, or a rapid turnaround on complex topics. That is no accident—it is the result of our rampant use of artificial intelligence.

We use Gemini to help synthesize data, structure our reporting, and ensure our news remains as sharp as the reality we cover. When it comes to our imagery, we rely on the creative power of Midjourney and NightCafe, unless otherwise noted in our editorial credits.

We are not apologetic for this. In a fast-moving world, these tools allow us to focus on what really counts: investigating the issues, giving a voice to the marginalized, and maintaining the journalistic integrity you expect from us. We see AI not as a replacement for human judgment, but as an engine that amplifies our ability to inform, analyze, and tell the truth about our island and beyond.

We are writers and journalists first—but we are proud to be tech-enabled ones, too.

Heraklion’s Sudden Real Estate Rush Over the Old Airport Land

2026-10-19 By Arthur Butler

Diving into the hilarious scramble as Heraklion officials dust off 1932 deeds to claim a 32.4% stake in the aging Nikos Kazantzakis airport site.

A Six-Kilo Giant Mushroom Has Been Found in the Cretan Countryside

2026-10-19 By Victoria Udrea

Following heavy autumn rains, a massive 6-kilogram wild oyster mushroom has been discovered in rural Crete, highlighting the island’s rich agritourism bounty.

OAK Employees Defend Flood Operations in Lasithi Plateau Following Record Rains

2026-10-19 By Arthur Butler

As torrential autumn storms reshape Crete’s landscape, severe flooding in the Lasithi Plateau has sparked intense debate over water management, infrastructure readiness, and rural protection. After widespread criticism of flooded farmlands and damaged crops across the highland plateau, the OAK Employee Union stepped in to defend regional infrastructure operations. According to hydrological data the union […]