https://knews.kathimerini.com.cy/en/business/cyprus-navigates-economic-uncertainty-with-strong-economic-reserves
Cyprus is sitting pretty with a lot of cash in the bank, and it's good news for handling any economic bumps in the road. The government's stash of nearly €2.83 billion can cover a big chunk of its debts due in the next year....
https://knews.kathimerini.com.cy/en/news/cyprus-repatriates-181-illegal-residents-in-latest-immigration-efforts
In the ongoing efforts to manage immigration, Cyprus saw 181 third-country nationals voluntarily or forcibly repatriated to their home countries over......
https://knews.kathimerini.com.cy/en/news/eu-mulls-€400-million-boost-for-lebanon
As Ursula von der Leyen prepares for her visit to Lebanon on May 2nd, the European Commission is exploring various avenues to provide......
https://knews.kathimerini.com.cy/en/business/alternative-investments-and-portfolio-diversification
In contrast to traditional investments in stocks and bonds, portfolios incorporating alternative investments have historically offered higher returns, a trend that has become more prevalent in recent years. ...
https://knews.kathimerini.com.cy/en/news/cyprus-tackles-mounting-challenges-in-migrant-crisis
As Syrian President Bashar al-Assad signals openness to the return of Syrian refugees, Nicosia remains cautious in its approach, refraining from engagement with the Damascus regime. ...
https://knews.kathimerini.com.cy/en/news/cyprus-braces-for-impact-as-over-3-000-migrants-hit-record-highs
The recent promising developments in the realm of migration patterns may soon be relegated to history if proactive measures aren't swiftly implemented to address the recent surge in arrivals.
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https://knews.kathimerini.com.cy/en/news/hotel-industry-faces-backlash-over-residence-fees
The inclusion of a residence tax within the framework of the green tax reform, affecting hotels, tourist accommodations, and Airbnb, is expected to trigger reactions within the hotel industry....
https://knews.kathimerini.com.cy/en/business/ceos-globally-forecast-increase-in-revenues-profits-and-deal-making-in-2024-as-business-transformation-moves-up-the-agenda
CEOs are optimistic about their ability to drive revenue growth and profitability in 2024 despite global economic headwinds, according to the latest EY CEO Outlook Pulse survey....
https://knews.kathimerini.com.cy/en/business/ey-cyprus-welcomes-two-new-partners-to-power-growth
EY Cyprus is pleased to announce that its leadership team has been strengthened with the addition of two new partners....
https://knews.kathimerini.com.cy/en/news/frontex-commends-cyprus-for-successful-immigration-management
Grigorios Apostolou, the Head of the Frontex Liaison Office for Greece and Cyprus, commended Cyprus for its effective immigration management strategy....
https://knews.kathimerini.com.cy/en/news/reclaiming-700-000-vacant-homes-could-ease-greece-s-housing-crisis
The return to the real estate market of at least 700,000 homes that are currently closed or have stood empty for a number of years could play a key role in addressing Greece’s housing crisis....
https://knews.kathimerini.com.cy/en/news/cyprus-eyes-new-measures-amid-migration-challenges
There may have been progress so far in the management of migration, according to figures released by the government these days, but this is mainly due to a sharp decline in the number of applicants from African countries, ...
https://knews.kathimerini.com.cy/en/news/surge-in-syrian-asylum-seekers-amid-drop-in-african-arrivals
The Ministry of Interior disclosed an uptick in asylum applications from Syrians, predominantly arriving by sea, citing challenges in managing these individuals due to the perilous conditions in their home country. ...
https://knews.kathimerini.com.cy/en/news/cyprus-expands-diplomatic-footprint-bolsters-migration-management-efforts
President Nicos Christodoulides, leading the Council of Ministers at the Presidential Palace, announced significant developments in Cyprus' foreign policy and measures taken to address migration challenges....
https://knews.kathimerini.com.cy/en/news/labor-minister-responds-to-industry-staff-shortages-urges-caution-in-demands
In response to demands from employer representatives regarding staff shortages in retail, catering, and the hotel industry, Minister of Labour and Social Insurance, Yannis Panagiotou,...
https://knews.kathimerini.com.cy/en/news/chinese-elite-move-billions-abroad-in-economic-shift
In a remarkable shift this year, affluent Chinese have moved hundreds of billions of dollars out of the country, capitalizing on the end of COVID precautions that had tightly sealed China's borders for nearly three years....
https://knews.kathimerini.com.cy/en/news/€6m-fund-faces-scrutiny-in-migrant-returns
A recent evaluation conducted by the Audit Office sheds light on the challenges faced by the Police in detecting and repatriating irregular migrants and asylum seekers....
https://knews.kathimerini.com.cy/en/news/government-achieves-historic-50-drop-in-asylum-applications
There is a 50% reduction in the period March-October 2023 in new asylum applications compared to the 2022 corresponding period, the Interior Ministry said on Tuesday, noting at the same time that for the first time, the overall balance of arrivals-returns presents a positive picture, and Cyprus is now ranking in the first places among European states in absolute numbers of returns....
https://knews.kathimerini.com.cy/en/comment/opinion/michalis-persianis-the-wet-firecracker
The Cyprus Confidential revelations turned out to be a 'petard mouille', a wet firecracker failing to generate the anticipated excitement. This disappointment surpassed the one we experienced when we photographed accountants, politicians, lawyers, and bankers up to their chests while in the nude....
https://knews.kathimerini.com.cy/en/news/hezbollah-leader-reveals-new-weapons-in-border-clashes-with-israel
The leader of Lebanon’s militant Hezbollah group said Saturday his fighters have introduced new weapons, including a missile with a heavy warhead in the ongoing fighting along the Lebanon-Israel border, adding that they will keep using the tense frontier to pressure Israel....
https://knews.kathimerini.com.cy/en/news/€16-billion-in-energy-investments-for-2021-2030
Cyprus' investment footprint in the energy sector is small but not insignificant, with expected investments in the sector amounting to over €16 billion for the decade 2021-2030, experts said at the third and fourth sessions of the 11th energy symposium, organised by FMW and the Institute of Energy of South East Europe in Nicosia on Tuesday....
https://knews.kathimerini.com.cy/en/news/un-warns-of-potential-war-crimes-amid-israel-gaza-violence-surge
The United Nations has warned that there was “clear evidence” that war crimes may have been committed in “the explosion of violence in Israel and Gaza”....
https://knews.kathimerini.com.cy/en/news/cyprus-braces-for-migrant-influx-by-expanding-pournara-center
The Minister of Interior, Mr. Constantinos Ioannou, has issued instructions to gradually expand the capacity of the First Reception Centre, Pournara, to accommodate a larger number of people. ...
https://knews.kathimerini.com.cy/en/news/a-3-year-wait-and-a-2024-deadline-looms-for-gas-transport
Three years after the groundbreaking for the liquefied natural gas terminal, a project worth $289 million in euros has been initiated....
https://knews.kathimerini.com.cy/en/news/new-measures-unveiled-for-energy-and-housing
In a decisive move to support Cyprus' households and businesses, the Council of Ministers, under the leadership of President Nikos Christodoulides, unveiled a comprehensive package of immediate and medium-term measures today....
https://knews.kathimerini.com.cy/en/news/cyprus-aids-lebanon-to-tackle-migration-flows
Cyprus has taken robust measures to address the escalating migration flows from the east, particularly from Lebanon, in close collaboration with its neighbor....
https://knews.kathimerini.com.cy/en/news/europe-grapples-with-alarming-air-pollution-crisis
Europe is currently in the throes of a severe public health emergency, marked by dangerously high levels of air pollution prevalent across nearly all regions of the continent. ...
https://knews.kathimerini.com.cy/en/news/global-investment-giants-converge-in-cyprus-for-iifa-2023
The 36th annual international conference of the International Investment Funds Association (IIFA), will take place in Cyprus, for the first time, on October 23-25.
...
https://knews.kathimerini.com.cy/en/business/ey-achieves-record-global-revenue-of-nearly-$50-billion
EY reports record global revenue results of just under US$50b...
https://knews.kathimerini.com.cy/en/comment/opinion/digitizing-the-state-for-modern-times
The digitization of the state is not just a challenge for modern society; it must be a top priority....
