https://knews.kathimerini.com.cy/en/news/cypriot-market-braces-for-impact-amidst-suez-canal-disruptions
In a recent interview with KEBE Secretary General Marios Tsiakkis, concerns were raised about the inevitable impact on product prices in Cyprus due to increased fees for ships carrying containers. ...
https://knews.kathimerini.com.cy/en/news/houthi-threat-spurs-quick-shield-for-cypriot-ships
The Deputy Ministry of Shipping has taken temporary measures to protect Cypriot ships due to the attacks by Yemen's Houthi movement against ships passing through the Bab-el-Mandeb strait....
https://knews.kathimerini.com.cy/en/business/cyprus-implements-protective-measures-for-ships-amid-houthi-attacks
The Deputy Ministry of Shipping has taken temporary measures to protect Cypriot ships due to the attacks by Yemen's Houthi movement against ships passing through the Bab-el-Mandeb strait between Yemen and northeast Africa leading to the Red Sea, Deputy Minister of Shipping, Marina Hatzimanolis told CNA on Wednesday....
https://knews.kathimerini.com.cy/en/news/pafos-polis-chrysochous-motorway-construction-continues-amid-contractual-discussions
The risk of halting construction on the Pafos-Polis Chrysochous motorway has been temporarily averted. In recent days, the construction company formally submitted a series of requests in a letter to the Department of Public Works and the Ministry of Transport,...
https://knews.kathimerini.com.cy/en/news/eac-refunds-€82-85-to-flat-tenants-over-faulty-photovoltaic-charges
The Electricity Authority of Cyprus (EAC) has decided to refund 82.85 euros to tenants of apartments connected to photovoltaic systems in response to an incorrect charging mechanism, known as ripple control, that was found to be nonexistent in the system. ...
https://knews.kathimerini.com.cy/en/news/un-s-envoy-lands-in-cyprus-for-critical-diplomacy-on-cyprus-problem
In early January, the new Special Envoy of the UN Secretary-General, Maria Angela Holguin Cuellar, will arrive in Cyprus....
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/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/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/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/eu-summit-reaches-compromise-on-euro-turkish-issues-amidst-cyprus-concerns
The European Union Summit recently brokered an informal compromise on Euro-Turkish matters, redirecting decisions on the Borell/Commission document and proposed ''gifts'' to Ankara to seven pillars...
https://knews.kathimerini.com.cy/en/news/themis-themistocles-signals-potential-2024-interest-rate-cut
In their ''Year Ahead 2024'' forecast, analysts at Swiss financial giant UBS anticipate a slowdown in the strength of the US economy throughout 2023. ...
https://knews.kathimerini.com.cy/en/news/non-performing-loans-take-a-€95m-dive
As of the end of September 2023, the total Non-Performing Loans (NPLs) in the banking system of Cyprus further decreased to €2.02 billion compared to €2.08 billion at the end of August.
...
https://knews.kathimerini.com.cy/en/business/makarios-avenue-struggles-to-fulfill-commercial-expectations
Two years after the official opening of Makarios Avenue (8 December 2021), the commercial success of the street has fallen short of expectations,...
https://knews.kathimerini.com.cy/en/news/cyprus-consortium-s-march-deadline-for-aphrodite-gas-field-revamp
The consortium licensed for Cyprus’ ''Aphrodite'' gas field will update the development and production plan of the field by March 31, as announced by the Minister of Energy, Commerce, and Industry, George Papanastasiou....
https://knews.kathimerini.com.cy/en/business/crisis-averted-as-cyprus-and-chevron-reach-compromise
The resolution of the dispute between the Republic of Cyprus and Chevron Cyprus Limited, the manager of the Aphrodite field, can be seen as a compromise satisfying both parties. ...
https://knews.kathimerini.com.cy/en/news/tensions-rise-yet-again-in-buffer-zone-amidst-un-envoy-delay
Amid the delayed appointment of the UN Secretary General's envoy to the Cyprus problem, the occupation regime persists in targeted maneuvers to sow tension within the buffer zone. ...
https://knews.kathimerini.com.cy/en/news/23andme-data-breach-exposes-genetic-profiles-of-millions
Genetic testing company 23andMe disclosed a significant data breach, initially stating that 0.1% of its customers, approximately 14,000 individuals, had their personal data compromised. ...
https://knews.kathimerini.com.cy/en/news/critical-battle-looms-as-parliament-debates-foreclosure-legislation
Background consultations are in progress to prepare amendments to the legislative package on divestments, set for submission to the Parliament Plenary on Friday for a vote....
https://knews.kathimerini.com.cy/en/news/europeans-have-grown-weary-of-welcoming-asylum-seekers
Negotiations for the EU Pact on Migration and Asylum are nearing completion, set to be finalized this month. Contrary to expectations, the pact is anticipated to exacerbate rather than remedy the EU's asylum and reception challenges....
https://knews.kathimerini.com.cy/en/news/chevron-delays-engineering-design-for-aphrodite-gas-field
Chevron Corp, the operator of the ''Aphrodite'' gas field in Cyprus’ block 12 has requested an extension for the commencement of the Front-End Engineering Design in a bid to “formulate together with the Cypriot government an optimal development plan” for the gas reserve, estimated to hold 4.2 trillion cubic feet....
https://knews.kathimerini.com.cy/en/news/protecting-citizens-information-in-cyprus-under-scrutiny
The water leak at the Ministry of Finance in Cyprus has exposed broader issues in the country's digital services, raising concerns about both physical infrastructure protection and the safeguarding of citizens' data....
https://knews.kathimerini.com.cy/en/news/570-buses-grounded-after-aglantzia-blaze
The incident last Friday (01/12), where a fire broke out in the school bus engine in Aglantzia, prompted the Ministry of Transport and stakeholders to hold meetings over the weekend....
https://knews.kathimerini.com.cy/en/news/questions-arise-over-€18-5m-purchase-for-foreign-ministry-relocation
Members of the Finance Committee in the Parliament have raised questions about the proposed release of 18.5 million euros for the purchase of the former Laiki Bank building in Nicosia, intended as the temporary relocation site for the Ministry of Foreign Affairs. ...
https://knews.kathimerini.com.cy/en/news/heavy-snow-triggers-major-incident-and-icy-chaos-in-the-uk
In a wintry turn of events, the UK experiences an Alpine transformation as heavy snow blankets Cumbria, leading to abandoned cars and a declared major incident by local police....
https://knews.kathimerini.com.cy/en/news/more-seniors-turning-to-marijuana-to-ease-ailments
As marijuana gains acceptance and legalization across the United States, a growing number of seniors, including Vietnam veteran Bill Martin, are turning to cannabis to address health issues....
https://knews.kathimerini.com.cy/en/news/developer-s-double-plea-amidst-partially-frozen-road-project-in-akamas
None of those who attended the meeting of the Environment Committee left any wiser about what is happening in the projects that have been carried out in recent months for the first phase of improvement of part of the road network of the Akamas National Forest Park....
https://knews.kathimerini.com.cy/en/news/why-the-constant-delay-in-the-cyprus-chevron-gas-deal
Negotiations between the Republic of Cyprus and Chevron, representing the Aphrodite consortium in block ''12'' in the Cypriot EEZ, are currently stuck, primarily due to differences in the time frame. ...
https://knews.kathimerini.com.cy/en/business/dac6-revisited-through-the-prism-of-dac8
The Directive on Administration Cooperation (''DAC'') has been amended multiple times since 2011 to allow for the automatic exchange of information across multiple fields of taxation....
https://knews.kathimerini.com.cy/en/news/hostage-release-delayed-as-hamas-demands-aid-access
Hamas's armed wing, Izz ad-Din al-Qassam brigades, has announced a delay in the second release of hostages scheduled for Saturday....
