https://knews.kathimerini.com.cy/en/news/astrobank-s-record-breaking-year-€30-4m-in-profits-for-2023
AstroBank reported Profit After Tax of €30.4 million for 2023, representing a return on equity (RoE) of 13.9%, compared with €12.2 million and RoE of 6.2% for 2022, achieving an increase on profit of 150%, mainly due to increased interest income....
https://knews.kathimerini.com.cy/en/news/cia
The CIA was drafting scenarios for the geographic separation of Greeks and Turks in Cyprus as early as 1964. These plans, ranging from relocating Turkish Cypriots to Turkey to exchanges of populations and territories with Greece...
https://knews.kathimerini.com.cy/en/news/politico-greek-companies-under-scrutiny-in-eu-fund-fraud-probe
Greek authorities, alongside the European Public Prosecutor’s Office (EPPO), are delving into allegations of fraud concerning the allocation of €2.5 billion in EU funds to just 10 companies in Greece.
...
https://knews.kathimerini.com.cy/en/news/uae-pledges-$15-million-for-cyprus-gaza-maritime-aid
The United Arab Emirates announced the allocation of USD 15 million in support of the ''Amalthea Fund,'' which the Republic of Cyprus announced to support the maritime corridor initiative between Cyprus and the Gaza Strip....
https://knews.kathimerini.com.cy/en/business/businesses-turn-to-banks-amid-funding-crunch
In 2023, businesses encountered a tough road ahead when it came to securing loans, as costs continued to climb....
https://knews.kathimerini.com.cy/en/news/minister-michaelidou-champions-women-in-sports
Our priority is the promotion and participation of women in all aspects of sport, focusing our efforts on cooperation and consultation with relevant bodies......
https://knews.kathimerini.com.cy/en/news/president-christodoulides-hails-financial-progress-with-new-cbc-governor
The appointment ceremony for the new governor of the Central Bank of Cyprus, Mr. Christodoulos Patsalides, occurred this morning at the Presidential Palace, with the President of the Republic, Mr. Nikos Christodoulides, in attendance....
https://knews.kathimerini.com.cy/en/news/cyprus-urges-eu-support-for-lebanon-amid-migration-challenges
The Cypriot government is pleading with the European Union (EU) for financial support for Lebanon to bolster its border management efforts, according to a report by our Brussels correspondent, George Kakouris. ...
https://knews.kathimerini.com.cy/en/news/limassol-s-night-sky-lights-up-with-pink-martini-s-30th-anniversary-tour
A delightful musical cocktail in the heart of summer!...
https://knews.kathimerini.com.cy/en/news/bridge-collapse-claims-lives-of-two-workers
The Francis Scott Key Bridge collapse early Tuesday resulted in the recovery of two bodies from the Patapsco River, identified as Alejandro Hernandez Fuentes......
https://knews.kathimerini.com.cy/en/news/europe-s-ambitious-plan-to-reignite-economic-engines
As Europe endeavours to uphold its competitiveness amidst economic rivals, its politicians believe they hold a concealed asset: the savings of its citizens, which remain unused and dormant....
https://knews.kathimerini.com.cy/en/news/cyprus-economic-resilience-earns-high-credit-rating-confirmation
International rating agency Morningstar DBRS has confirmed Cyprus’ BBB (high) long-term credit rating with a stable trend, noting that favourable economic prospects balance downside risks.
...
https://knews.kathimerini.com.cy/en/business/cyprus-aims-for-vasilikos-lng-terminal-completion-by-2024
Cyprus aims to complete construction of the Liquified Natural Gas (LNG) terminal in Vasilikos by the end of 2024, according to Energy Minister George Papanastasiou on Monday....
https://knews.kathimerini.com.cy/en/news/international-efforts-strengthen-humanitarian-corridor-to-gaza
Last Thursday, officials from more than 35 countries and international organizations, including the UN and the EU, convened at the Zenon Centre in Larnaca to bolster the Amalthea humanitarian corridor....
https://knews.kathimerini.com.cy/en/news/35-countries-join-hands-for-amalthea-plan
Following the successful delivery of humanitarian aid by the NGO ''World Central Kitchen'' through Cyprus, and the activation of the humanitarian corridor ''Amalthea'' by sea in Cyprus, ...
https://knews.kathimerini.com.cy/en/news/eu-undp-collaboration-brings-arif-bey-aqueduct-back-to-life
Conservation work at the Arif Bey Aqueduct in Afania by the Technical Committee for Cultural Heritage has been completed, a project that has been fully funded by the European Union (EU) and implemented by the United Nations Development Programme (UNDP) in Cyprus....
https://knews.kathimerini.com.cy/en/business/cyprus-offers-€400k-boost-for-sme-s
The Commissioner for State Aid Control, Stella Michaelides, has announced her decision on a scheme aimed at supporting Small and Medium Size Enterprises (SMEs)...
https://knews.kathimerini.com.cy/en/news/cyprus-and-eu-allies-forge-€7-4b-deal-with-egypt-to-transform-energy-landscape
European Union and Egyptian leaders joined forces on Sunday to sign a substantial €7.4 billion financial package aimed at bolstering Egypt's economy, enhancing energy trade with Europe, and addressing irregular migrant flows....
https://knews.kathimerini.com.cy/en/business/greek-and-cypriot-banks-forge-partnerships-for-regional-infrastructure-projects
The Cypriot banking sector is poised to support significant projects with regional geopolitical implications....
https://knews.kathimerini.com.cy/en/news/global-diplomatic-accord-for-gaza-aid-fund
In a significant move to bolster humanitarian assistance to Gaza, ministers from Cyprus, the United Arab Emirates, the United Kingdom, Qatar, the United States, and a representative ...
https://knews.kathimerini.com.cy/en/business/eurobank-eyes-support-for-internet-cable-connecting-europe-and-asia
Eurobank, initially hesitant about financing the East to Med Data Corridor (EMC) cable system, is now contemplating entering the second round of funding for the mega project....
https://knews.kathimerini.com.cy/en/news/cyprus-to-establish-diplomatic-mission-in-yerevan
In a significant diplomatic move, Foreign Affairs Minister Constantinos Kombos announced Cyprus's intention to establish a diplomatic mission in Yerevan following an official visit to Armenia....
https://knews.kathimerini.com.cy/en/business/energy-minister-calls-for-eu-solar-bank-to-energize-solar-industry
In a proposal during the EU Council of Transport, Telecommunications, and Energy yesterday, Cypriot Minister of Energy, Commerce, and Industry George Papanastasiou...
https://knews.kathimerini.com.cy/en/news/vasiliko-energy-project-now-under-eu-scrutiny
The procedures and decisions related to Cyprus' largest energy project in Vasilikos are gaining significant attention....
https://knews.kathimerini.com.cy/en/business/xm-invests-in-aris-for-future-entrepreneurs
XM, an international company that has established itself as a leader in the investment industry in forex, CFD in shares, metals and more, actively supports education and skills development initiatives through its sponsorship of ARIS (A Really Inspiring Space)....
https://knews.kathimerini.com.cy/en/news/eib-turns-down-funding-for-great-sea-interconnector-project
The European Investment Bank (EIB) has declined to finance the Great Sea Interconnector project, linking Cyprus, Greece, and Israel. Kyriakos Kakouris, EIB Vice President, confirmed the decision, stating that no new funding request has been submitted by the Republic of Cyprus....
https://knews.kathimerini.com.cy/en/news/cyprus-economic-mood-sours-in-february
In February 2024, economic sentiment in Cyprus witnessed a decline, with the Economic Sentiment Indicator (ESI-CypERC) dropping by 2.1 points compared to January, according to the University of Cyprus Economics Research Center....
https://knews.kathimerini.com.cy/en/news/cyprus-farmers-deserve-fair-treatment-in-green-shift
The green transition is necessary, but in order for it to be fair and efficient, the reduction of farmers' incomes must be compensated with appropriate funding, Agriculture Minister Maria Panayiotou......
https://knews.kathimerini.com.cy/en/news/european-parliament-honors-navalny-amidst-food-inflation
The European Parliament will commemorate the life of Russian activist Alexei Navalny, featuring an address by his wife, Yulia Navalnaya, in its plenary session this week in Strasbourg......
https://knews.kathimerini.com.cy/en/news/us-embassy-nicosia-hosts-exhibit-of-ukrainian-women-amid-russian-aggression
On the somber occasion of the second anniversary of Russia’s brutal re-invasion of Ukraine, U.S. Embassy Nicosia, in collaboration with Sunseed Art and Resilient Ukraine, is the proud sponsor of an art exhibit that depicts the faces, roles, stories, and remarkable resilience of Ukrainian women....
