https://knews.kathimerini.com.cy/en/news/home-prices-surge-in-q4-2023
House prices in Cyprus continued their upward trajectory in the fourth quarter of 2023, with apartment prices being the primary driving force, as per a report released by the Central Bank of Cyprus on Tuesday....
https://knews.kathimerini.com.cy/en/news/chinese-president-s-visits-to-serbia-and-hungary-yield-new-economic-deals
When Chinese President Xi Jinping visited Hungary last week, he arrived to one of the few places in the European Union where his country is considered......
https://knews.kathimerini.com.cy/en/news/no-jurors-chosen-yet-in-senator-menendez-s-corruption-trial
Jury selection began in the corruption trial of U.S. Senator Robert Menendez on Monday, with a judge excusing dozens of prospective jurors in a case that could affect the Democrat's political future and the makeup of the U.S. Senate....
https://knews.kathimerini.com.cy/en/news/invest-cyprus-takes-strides-to-boost-investments-on-the-island
Invest Cyprus, the national Investment Promotion Authority has been fervently working to position Cyprus as an appealing investment and business hub, ...
https://knews.kathimerini.com.cy/en/news/hadjimanoli-we-hope-to-expand-into-the-asian-market
Marina Hadjimanoli stepped into her role as Deputy Minister of Shipping amidst a period of upheaval, with the shipping sector grappling with various challenges including geopolitical conflicts and safeguarding supply chains against potential terrorist threats targeting merchant vessels....
https://knews.kathimerini.com.cy/en/news/cyprus-football-s-new-horizon-with-privately-owned-stadiums
The era we find ourselves in appears to signify the beginning of significant change in the professional league, reminiscent of historical shifts that brought......
https://knews.kathimerini.com.cy/en/news/chestertons-global-launches-in-cyprus
Leading international real estate firm, Chestertons Global, has announced its expansion into the Cyprus property market with the launch of Chestertons Cyprus Residential. ...
https://knews.kathimerini.com.cy/en/news/st-kitts-and-nevis-appoints-joseph-borghese-as-special-envoy-for-fdis
In a strategic effort to boost Foreign Direct Investment (FDI) initiatives, the Government of the Federation of St. Kitts and Nevis has appointed His Excellency Joseph Borghese as Special Envoy for Foreign Direct Investments. ...
https://knews.kathimerini.com.cy/en/news/china-s-leader-targets-hungary-serbia-for-investments
Chinese leader Xi Jinping will spend most of his five-day tour in Europe this week in two small countries in the continent’s eastern half, a region that Beijing has used as a foothold for its expanding economic ambitions in Europe....
https://knews.kathimerini.com.cy/en/news/macron-declares-europe-is-mortal-calls-for-unity
The 27-country bloc needs to urgently rethink its defence and economic models to not fall behind its rivals, the French leader said.
...
https://knews.kathimerini.com.cy/en/news/bob-menendez-to-implicate-his-wife-in-may-corruption-trial
In a case unsealed Tuesday, court papers suggest that Sen. Bob Menendez may seek exoneration at his May bribery trial by implicating his wife, according to CNN, ...
https://knews.kathimerini.com.cy/en/news/spain-to-end-golden-visa-scheme-for-real-estate-investment
Spain's Prime Minister, Pedro Sanchez, announced the discontinuation of the ''golden visa'' scheme, which grants residency rights to foreigners investing in real estate....
https://knews.kathimerini.com.cy/en/news/deloitte-reveals-steady-surge-in-cyprus-real-estate-transactions
Deloitte issued the Cyprus Real Estate Review, which presents an in-depth analysis of the real estate market in 2023....
https://knews.kathimerini.com.cy/en/news/cyprus-investment-association-unveils-€8-billion-in-projects
Members of the Cyprus Association of Large Investment Projects unveiled ambitious plans Thursday, highlighting 18 to 20 projects valued at over €8 billion. ...
https://knews.kathimerini.com.cy/en/news/mykonos-faces-tourism-crisis-amid-declining-numbers
Despite promising signs for other parts of the country as regards the number of flights and seat bookings for the 2024 tourism season, Mykonos is seeing a decline in both indices for the second year in a row.
...
https://knews.kathimerini.com.cy/en/news/occupied-territories-are-a-black-hole-for-illicit-funds
The recent update to the US-UK sanctions list, active since last April and aimed at Russia, continues to scrutinize Cypriot-based entities suspected of violating the Russian embargo. ...
https://knews.kathimerini.com.cy/en/comment/opinion/lather-rinse-repeat
Everywhere we turn in Cyprus, the specter of money laundering looms large. It was an open secret for years that our banking system was complicit, resulting in repercussions from foreign authorities....
https://knews.kathimerini.com.cy/en/business/cyprus-embraces-global-investment-with-its-bond-market-debut
In April 2024, the Republic of Cyprus is gearing up to enter the international bond markets, intending to issue a Euro Medium Term Note (EMTN) bond worth 1 billion euros....
https://knews.kathimerini.com.cy/en/news/eurobank-expands-to-india-via-cyprus
Eurobank, a leading Greek financial institution, is poised to establish a representative office in Mumbai, India's bustling financial hub, signaling its strategic foray into the Indian market. ...
https://knews.kathimerini.com.cy/en/news/government-mulls-uae-led-takeover-of-daily-telegraph
In a pivotal moment for British media, the government is deliberating the approval of a UAE-led takeover of the Daily Telegraph, eliciting widespread objections from politicians, journalists, ...
https://knews.kathimerini.com.cy/en/news/senator-menendez-faces-new-obstruction-charges-in-growing-legal-saga
In a recent development, U.S. Senator Bob Menendez and his wife are facing obstruction of justice charges, revealed in a new 18-count indictment unsealed on Tuesday....
https://knews.kathimerini.com.cy/en/business/the-€623-million-windfall-from-cyprus-shipping-industry
Kathimerini reporter Andreas Karamitas dives into the heartbeat of Cyprus' economy - the shipping industry. In a revealing exploration, discover how this vital sector pumped a staggering €623 million into the real economy solely through ship management in 2023. ...
https://knews.kathimerini.com.cy/en/news/cyprus-takes-a-backseat-as-the-eu-initiates-gift-giving-to-turkey
In today's Sunday edition of Kathimerini, journalist Pavlos Xanthoulis delves into the intricate diplomatic maneuvers and decisions made by Nicos Christodoulides' government in response to the Borel/Commission document on EU-Turkey ...
https://knews.kathimerini.com.cy/en/business/larnaca-s-renaissance-as-the-island-s-boutique-oasis
In a recent article by Kathimerini journalist Maria Eracleous, the spotlight is on Larnaca's burgeoning tourism sector, with a particular focus on the Accor Group's inaugural venture in the city....
https://knews.kathimerini.com.cy/en/news/investment-thresholds-in-golden-visa-program-under-review
Reports circulating in the market in recent days regarding the Golden Visa program suggest that the government intends to establish three different investment thresholds, depending on the area where the property in question is located....
https://knews.kathimerini.com.cy/en/business/cyprus-and-greece-report-lowest-eu-foreign-investment
Eurostat's latest data sheds light on the intricate dynamics of foreign involvement in the European Union's economy.
...
https://knews.kathimerini.com.cy/en/business/government-courts-global-investors-in-ambitious-growth-push
In a bid to position Cyprus as an enticing destination for foreign investments, the President of the Republic addressed a gathering of over 100 foreign investors and companies at the Presidential Palace. ...
https://knews.kathimerini.com.cy/en/business/cabinet-moves-forward-with-plan-to-support-cyprus-entrepreneurs
Cyprus is gearing to set up a National Development Organisation which coupled with the Cyprus Equity Fund will promote entrepreneurship by covering financing gaps for small and medium-sized enterprises and start-ups, Minister of Finance Makis Keravnos said on Wednesday....
https://knews.kathimerini.com.cy/en/news/lagarde-warns-of-potential-economic-threats-to-europe-under-possible-trump-return
In a recent exclusive interview with CNN's Richard Quest, European Central Bank President Christine Lagarde cautioned Europe to brace itself for potential economic challenges......
https://knews.kathimerini.com.cy/en/news/christodoulides-links-turkish-cypriot-rights-violations-to-1974-invasion
Cypriot President Nikos Christodoulides addressed the Council of Europe's Parliamentary Assembly, emphasizing that any violation of Turkish Cypriot human rights ...