https://knews.kathimerini.com.cy/en/business/one-stop-shipping-centre-launched-to-boost-competitiveness
The One Stop Shipping Centre has set sail in Cyprus, marking a significant development for the Cypriot shipping industry. Launched by the Deputy Ministry of Shipping under the President of the Republic,...
https://knews.kathimerini.com.cy/en/news/houthi-strikes-send-prices-soaring-in-global-trade
In recent weeks, the developments in the Red Sea, with the Houthi attacks on commercial ships and their impact on global trade, have dominated the discussions of suppliers with their partners....
https://knews.kathimerini.com.cy/en/news/companies-spared-fines-for-real-beneficiaries-registry
In light of recent reports, the Department of Companies and Intellectual Property (DCIP) in Cyprus provides updates on the implementation of Law 188(I)/2007 addressing the Prevention and Combating of Money Laundering....
https://knews.kathimerini.com.cy/en/business/companies-grapple-with-soaring-fines-amidst-regulatory-confusion
There's a significant issue with hefty fines hitting companies hard – we're talking about a daily hit of €100. The crux of the matter lies in a bureaucratic mix-up regarding the accurate records of company ownership, managed by the Company Registrar....
https://knews.kathimerini.com.cy/en/news/houthi-rebels-reject-us-maritime-shield-typhoon-aircraft-take-off-from-akrotiri
As the sun sets over the Akrotiri base in Cyprus, a celestial dance unfolds. Two pairs of Typhoon FGR4 aircraft, gracefully reported by British TV channels, take flight....
https://knews.kathimerini.com.cy/en/news/mitsotakis-unveils-stance-on-same-sex-marriage
He opened his cards on the issue of same-sex marriage, which has caused a lot of discussion, yesterday the Prime Minister Kyriakos Mitsotakis......
https://knews.kathimerini.com.cy/en/news/cyprus-and-uk-businesses-join-forces-in-new-strategic-partnership
The Cyprus Organization for Standardization and the Great Britain-Cyprus Business Association (GBCY) have announced a new strategic collaboration....
https://knews.kathimerini.com.cy/en/news/greek-pm-sparks-debate-on-same-sex-marriage-rights
Prime Minister Kyriakos Mitsotakis has decided to open the debate on same-sex marriage and parenthood, as is expected to address the issue extensively in a television interview on Wednesday....
https://knews.kathimerini.com.cy/en/news/elon-musk-s-late-spacex-meeting-sparks-concerns-over-drug-use
Elon Musk's usually dynamic SpaceX meetings took a bizarre turn recently, as the CEO arrived fashionably late, only to deliver a rambling and incoherent speech that left executives privately questioning his state of mind, according to The Wall Street Journal....
https://knews.kathimerini.com.cy/en/news/trump-linked-companies-receive-$7-8m-from-20-governments
In a groundbreaking report released yesterday by Democratic lawmakers, a comprehensive 156-page document titled "White House for Sale: How Princes, Prime Ministers, and Premiers Paid Off President Trump" has brought to light a complex web of financial transactions....
https://knews.kathimerini.com.cy/en/news/red-sea-hit-by-explosive-drone-assault
In a significant maritime incident, a drone boat laden with explosives has detonated in the Red Sea, as confirmed by the US navy....
https://knews.kathimerini.com.cy/en/business/eu-implements-new-vat-transparency-rules-targeting-e-commerce-fraud
The EU’s new transparency rules against Value-Added Tax (VAT) fraud have come into effect starting on January 1st, the European Commission has announced....
https://knews.kathimerini.com.cy/en/news/18-major-shipping-companies-divert-routes-away-from-red-sea
In response to a surge in attacks on merchant ships, 18 significant shipping companies have opted to avoid transiting the Red Sea, as reported by the International Maritime Organization (IMO). ...
https://knews.kathimerini.com.cy/en/news/finland-and-sweden-hit-40°c-breaking-winter-records
In an unprecedented turn of weather events, Finland and Sweden were plunged into the depths of winter as temperatures hit a bone-chilling minus 40 degrees Celsius, marking the coldest recorded temperatures of the season.
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https://knews.kathimerini.com.cy/en/business/cyprus-grapples-with-lingering-private-debt-woes
In Cyprus, the European Commission consistently highlights the significant economic challenge of private debt through regular post-program or post-memorandum reports....
https://knews.kathimerini.com.cy/en/news/thymeli-project-awards-shine-on-2024-productions
The Deputy Ministry of Culture has finalized the selection process for the Thymeli Project, revealing 31 outstanding proposals from 18 theatre companies....
https://knews.kathimerini.com.cy/en/news/cyprus-makes-the-cut-in-new-tax-friendly-nations-list
In a recent announcement, the Ministry of Finance shed light on the revised list of countries enjoying preferential tax status under the Independent Authority for Public Revenue of the Hellenic Republic (IAEA)....
https://knews.kathimerini.com.cy/en/business/greek-owned-tanker-broadcasts-ais-message-to-avoid-houthi-targeting
In a bid to avoid being targeted by Houthi militants, a Greek-owned tanker, which recently set sail from Russia, has taken an unusual step by broadcasting a message over the Automatic Identification System (AIS) to disassociate itself from Israel....
https://knews.kathimerini.com.cy/en/news/new-york-times-accuses-microsoft-and-openai-for-copyright-infringement
In a legal move unveiled on Wednesday, The New York Times has initiated legal proceedings against Microsoft and OpenAI, accusing them of copyright infringement in the development of their artificial intelligence products....
https://knews.kathimerini.com.cy/en/business/landlords-urged-to-be-reasonable-when-pricing-rentals
Marinos Keynegirou, the president of the Real Estate Registration Council, warns of escalating prices and dwindling demand in the real estate market's fourth quarter....
https://knews.kathimerini.com.cy/en/news/us-ambassador-discusses-cyprus-and-russian-influence-in-exclusive-interview
In an exclusive interview with Kathimerini, the U.S. Ambassador to Cyprus weighs in on whether the island nation's ties to Russian influence are changing. ...
https://knews.kathimerini.com.cy/en/news/israeli-investments-raise-eyebrows-in-occupied-territories
The large-scale acquisition of land in the Occupied Territories by Israeli citizens and Europeans of Jewish descent is creating interesting dynamics within the Turkish Cypriot community, as well as in Turkish and Turkish Cypriot press reports....
https://knews.kathimerini.com.cy/en/news/half-of-cyprus-loans-vulnerable-to-euribor-and-ecb-rates
Half of the loans in Cyprus are "vulnerable" to euribor and the European Central Bank's (ECB) key rates. In 2024 and 2025, we may not expect further increases, but rather possible decreases, according to the Central Bank of Cyprus' Financial Stability Report for 2022....
https://knews.kathimerini.com.cy/en/business/cyprus-linked-to-magnitsky-case-through-luxury-hotel-investment
The international organization OCCRP, specializing in organized crime and corruption, has once again implicated Cyprus in investment cases related to the luxury hotel Cap St Georges in Peyia. The connection ties back to the infamous Magnitsky case, a high-profile tax fraud scandal in Russia....
https://knews.kathimerini.com.cy/en/business/businesses-to-cut-greenhouse-gas-targets-by-10
Businesses revise climate targets as reality of long-term sustainability transformation hits. Sustainability progress plateaus as short-term pressures and external forces hit CSO agenda....
https://knews.kathimerini.com.cy/en/news/eu-s-schinas-criticizes-veto-use-stresses-need-for-compromise
European Commission Vice President Margaritis Schinas voiced concerns about the use of the veto as a primary defense tactic, stating that it hinders compromise rather than facilitating it....
https://knews.kathimerini.com.cy/en/news/major-shipping-firms-redirect-routes-as-red-sea-attacks-intensify
In a significant move with potential global repercussions, major shipping companies, including MSC, Maersk, and Hapag-Lloyd, opt to steer clear of the Red Sea route....
https://knews.kathimerini.com.cy/en/news/tatar-s-plea-to-russia-to-reshape-diplomatic-landscape
"I would like to ask the Russian leadership and the Russian people to reconsider their policy on Cyprus, especially after what happened in Ukraine and what is happening in the world with a multitude of global changes," Turkish Cypriot leader Ersin Tatar told the Russian state news agency TASS - as reported by the latter....
https://knews.kathimerini.com.cy/en/news/greek-home-sales-face-unprecedented-delays
The process of selling a house in Greece has started to look like an odyssey, after the developments of the last few weeks....
https://knews.kathimerini.com.cy/en/news/cyprus-and-the-porn-industry-high-tech-hub-exposed
For many years, the Republic of Cyprus, due to its art visa law, served as a hub for white flesh trafficking....
