https://knews.kathimerini.com.cy/en/business/€182m-deal-marks-hellenic-s-strategic-move-into-insurance-sector
CNP Cyprus, the subsidiary of the French insurance giant CNP Assurances, is finally being transferred to Hellenic Bank for €182 million....
https://knews.kathimerini.com.cy/en/news/uk-ranked-worst-in-world-for-underage-drinking
Great Britain has the worst rate of child alcohol abuse worldwide, and more than half of children in England, Scotland and Wales have drunk alcohol by the age of 13, according to a report....
https://knews.kathimerini.com.cy/en/news/cyprus-welcomes-foreign-workers-amidst-hotel-staffing-crisis
The accord forged by the Ministry of Labour alongside employer and trade union representatives to tackle workforce shortages, especially prevalent......
https://knews.kathimerini.com.cy/en/business/brilliant-presentation-of-the-new-all-electric-porsche-taycan
In life, we experience moments full of magic....
https://knews.kathimerini.com.cy/en/news/government-unveils-ambitious-housing-strategy-minister-ioannou-reveals
The government has set the people and their servicing without undue inconvenience at the core of its policies, Minister of the Interior Constantinos Ioannou said on Tuesday, adding the Ministry is working on issuing of public documents the Civil Registry Department.
...
https://knews.kathimerini.com.cy/en/business/imported-wine-squeezes-cyprus-market
According to Kathimerini reporter, Andreas Karamitas, wine marketing in Cyprus boasts an annual turnover of approximately €7 million, a sum primarily fueled by domestic consumption rather than exports, which only account for around €1 million. ...
https://knews.kathimerini.com.cy/en/news/confusion-clouds-real-estate-policies-in-cyprus
In the current real estate landscape, confusion reigns supreme, even surpassing the realm of uncertainty, according to an op-ed written by Andreas Andreou, CEO of APS Andreou Property Strategy - Chartered Surveyors. ...
https://knews.kathimerini.com.cy/en/news/president-advocates-for-innovation-centers-to-pursue-commercialization-and-self-financing
Centres of Excellence should pursue commercialisation aiming at self-financing, the President of the Republic, Nikos Christodoulides said at the inauguration......
https://knews.kathimerini.com.cy/en/business/action-global-communications-named-mediterranean-consultancy-of-the-year
Action Global Communications is thrilled to announce its recognition as the Mediterranean Consultancy of the Year at the esteemed 2024 EMEA SABRE Awards, presented by Provoke Media....
https://knews.kathimerini.com.cy/en/news/agreement-reached-on-foreign-worker-policy
In a significant development, all social partners have come to an agreement regarding the participation of foreign workers in Cyprus' labor market. Labour and Social Partners Minister Yannis Panagiotou announced the breakthrough, highlighting the importance of cooperation among stakeholders in addressing challenges facing the job market....
https://knews.kathimerini.com.cy/en/news/summer-optimism-in-cyprus-tourism-despite-regional-uncertainty
Tourism in Cyprus soared last March, boasting a 9.8% increase, welcoming 202,256 travelers. From January to March 2024, arrivals hit 415,251, marking a 5.4% rise....
https://knews.kathimerini.com.cy/en/news/tehran-avoids-escalating-conflict-with-israel
Explosions echoed over an Iranian city on Friday in what sources described as an Israeli attack, but Tehran played down the incident and indicated it had no plans for retaliation - a response that appeared gauged towards averting region-wide war....
https://knews.kathimerini.com.cy/en/news/reduced-vat-for-homebuyers-within-12-months
The parliament has passed a law enabling beneficiaries to apply for a reduced 5% VAT rate within a year of acquiring a residence....
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/4-million-euros-to-foster-turkish-cypriot-business-integration
The European Commission, in partnership with GIZ International Services, has initiated a two-year project aimed at bolstering private sector development within the Turkish Cypriot community and enhancing Green Line trade,...
https://knews.kathimerini.com.cy/en/news/iran-israel-tensions-economists-warn-of-global-market-turbulence
As tensions simmer between Israel and Iran following recent Iranian attacks, economists are closely monitoring the potential implications for global markets....
https://knews.kathimerini.com.cy/en/news/cyprus-struggles-as-70-of-green-power-goes-to-waste
In a pivotal discussion held yesterday by the Parliamentary Committee on Energy, Trade, Industry, and Tourism, the pressing issue of energy storage from renewable sources and hydrogen took center stage....
https://knews.kathimerini.com.cy/en/news/aegean-airlines-acquires-longer-range-fleet
Aegean Airlines seeks to strengthen its footprint in new markets, which show double-digit growth rates, through the delivery, in 2026 and 2027, in the first phase, of four Airbus A321neo aircraft which are specially configured and upgraded....
https://knews.kathimerini.com.cy/en/business/alpha-bank-ceo-eyes-expansion-in-romania
Alpha Bank chief executive officer Vassilis Psaltis pointed to further expansion and acquisitions in Romania in a joint interview with the CEO of Italian bank UniCredit, Andrea Orcel for Bloomberg....
https://knews.kathimerini.com.cy/en/news/middle-east-conflict-fuels-fear-of-$100-per-barrel
The recent Iranian attack on Israel serves as a stark reminder of the ever-shifting geopolitical dynamics in the Middle East, with potential ramifications extending......
https://knews.kathimerini.com.cy/en/news/cyprus-greece-ferry-bookings-open-on-wednesday
The Deputy Ministry of Shipping announced the commencement of the third season of operation for the Cyprus-Greece Maritime Passenger Link in a press conference held on Tuesday, April 16, 2024....
https://knews.kathimerini.com.cy/en/news/four-seasons-yachts-plans-130-port-visits-in-30-countries
In the bustling cruise market, Four Seasons Yachts has made a splash, unveiling its inaugural vessel flaunting 95 opulent suites and set to embark on its maiden voyage come January 2026....
https://knews.kathimerini.com.cy/en/business/1-april-newsletter-of-k-treppides-co-ltd-cyprus-securities-and-exchange-commission
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....
https://knews.kathimerini.com.cy/en/business/what-economic-headlines-are-making-waves-this-week
Amidst a backdrop of economic shifts and global challenges, a series of key developments are shaping the financial landscape. ...
https://knews.kathimerini.com.cy/en/news/global-oil-prices-dip-after-iran-s-attack-on-israel
Oil prices fell in early Asian trade after Iran's reprisal attack on Israel over the weekend....
https://knews.kathimerini.com.cy/en/news/us-airlines-push-biden-to-halt-china-routes
Large U.S. airlines and some of their unions are asking the Biden administration to stop approving any more flights between the United States and China because of what they call ''anti-competitive'' policies that China imposes on U.S. carriers....
https://knews.kathimerini.com.cy/en/news/lagarde-signals-eurozone-interest-rate-drop-in-june
The President of the European Central Bank, Christine Lagarde, has hinted at the possibility of a rate cut in June, citing the need for more data......
https://knews.kathimerini.com.cy/en/business/epic-business-one-is-here-to-solve-every-communication-need-of-your-business
Every business has some basic needs, regardless of size and type. These needs come in addition to the already significant demands and challenges that an entrepreneur may face when managing their business....
https://knews.kathimerini.com.cy/en/news/polish-interest-peaks-as-famagusta-tourism-draws-attention
There is an increased interest in organized trips from Poland, in the free area of Famagusta, the Famagusta Tourist Development and Promotion Company, which participated in an exhibition recently organized in Poland, notes in a press release....
https://knews.kathimerini.com.cy/en/news/eu-parliament-votes-for-clearer-labels-on-breakfast-foods
In a move aimed at empowering consumers and promoting healthier choices, the European Parliament has greenlit updated regulations governing breakfast staples such as honey, fruit juice, jam, and marmalades....
