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/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/boeing-ceo-to-step-down-in-wake-of-safety-scandals
Boeing, the renowned U.S. aircraft manufacturer, announced significant changes in its leadership, with CEO Dave Calhoun set to depart by year-end....
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/$4-25m-per-dose-to-cure-rare-genetic-disease-in-children
The recent approval of Lenmeldy, a gene therapy designed to combat the fatal genetic disorder metachromatic leukodystrophy (MLD), has made headlines as it comes with a staggering price tag of $4.25 million per treatment. ...
https://knews.kathimerini.com.cy/en/news/saints-sergios-bacchus-church-rises-from-devastation
Out of the ruins and devastation, the small church of Saints Sergios and Bacchus, in the Karpas peninsula, east of Neta village in Turkish occupied......
https://knews.kathimerini.com.cy/en/news/cyprus-economic-growth-soars-2-5-for-2023
Cyprus' economic growth is estimated at 2.5% in real terms in 2023. At current prices, the Gross Domestic Product (GDP) is estimated to increase by 7.1%, according to the Statistical Service of Cyprus....
https://knews.kathimerini.com.cy/en/business/christodoulides-unveils-€60m-relief-package-amid-rising-prices
In an address to the nation, the President of Cyprus unveiled a series of targeted measures aimed at alleviating the economic challenges faced by households and businesses amidst rising prices. ...
https://knews.kathimerini.com.cy/en/news/cyprus-tourism-braces-for-challenges-in-2024
The Association of Cyprus Tourist Enterprises (ΣΤΕΚ) is getting a bit jittery about the upcoming tourist season in 2024. In a recent meeting, they chatted with a representative from Hermes Airports to figure out what's going on....
https://knews.kathimerini.com.cy/en/news/at-least-50-homes-damaged-by-tornado
The crews of the Municipality of Germasogeia, the Provincial Administration, and the Civil Defence have been recording the damage caused by the devastating tornadoes since dawn. ...
https://knews.kathimerini.com.cy/en/news/after-berengaria-comes-the-development-of-the-highlands
In recent months, work on the historic Berengaria Hotel in Prodromos, a €35 million project, has come to a standstill. But this is only temporary....
https://knews.kathimerini.com.cy/en/news/tornado-strikes-limassol-leaves-trail-of-destruction
In the early hours of Wednesday, February 14th, shocking videos surfaced on social media, capturing the terrifying sight of a tornado ripping through the tranquil streets of Limassol. ...
https://knews.kathimerini.com.cy/en/news/fallout-from-boeing-737-max-9-door-panel-incident-bolts-missing
A door panel detachment from a Boeing 737 MAX 9 jet mid-flight on January 5 has raised significant safety alarms, with a preliminary report from U.S. investigators shedding light on the concerning incident.
...
https://knews.kathimerini.com.cy/en/news/tenants-urge-parliament-for-fairness-amid-€150-to-€2-800-spikes
The Professional Committee for the Management of Turkish Cypriot Properties in Limassol has reported significant rent hikes for commercial assets....
https://knews.kathimerini.com.cy/en/news/nicosia-hospital-s-response-to-cable-cut-fallout
In an incident at Nicosia General Hospital, a disruption in electrical power was caused by the cutting of a cable during external construction work....
https://knews.kathimerini.com.cy/en/news/transport-minister-clarifies-airbag-recalls-and-responsible-parties
Minister of Transport, Mr. Alexis Vafeadis, delves into the complexities surrounding general vehicle recalls, shedding light on the responsibilities tied to European vehicles, imports from third countries, and the role of manufacturers' distributors....
https://knews.kathimerini.com.cy/en/business/big-news-new-eu-data-rules-give-you-more-control
In a significant development, the European Union's Data Act officially came into force today, ushering in a new era for data access and privacy in the EU market. ...
https://knews.kathimerini.com.cy/en/news/mayfair-shaken-by-£300k-ferrari-collision
A high-octane saga unfolded on the streets of London's Mayfair as a £300,000 Ferrari 296, painted in regal purple, met its match in a collision with a bollard on New Year's Day. ...
https://knews.kathimerini.com.cy/en/news/2024-budget-gets-green-light-–-inside-scoop-on-state-wage-proposals
The 2024 budget was passed into law relatively comfortably, with a total of 37 MPs voting for it, while 19 were opposed. ...
https://knews.kathimerini.com.cy/en/news/one-to-three-star-hotels-dominate-greece-s-accommodations
Three in four Greek hotels belong in lower categories of one to three stars, representing 50% of the country’s total capacity in terms of rooms, according to data from the Institute of Tourism Research and Forecasts (ITEP) of the Hellenic Chamber of Hotels....
https://knews.kathimerini.com.cy/en/news/limassol-building-disaster-raises-maintenance-concerns
Limassol Municipality is grappling with a severe building safety issue following the collapse of balconies in a privately owned building on Nafplio and Ethnikis Antistasis streets....
https://knews.kathimerini.com.cy/en/news/heavy-rain-hits-kornos-underpass-bridge-shuts-down
The Kornos underpass bridge faced another bout of flooding, leading authorities to close it for traffic due to heavy rainfall....
https://knews.kathimerini.com.cy/en/business/occupied-territories-witness-a-33-surge-in-visitors
In the first 10 months of this year, the influx of visitors to the occupied territories through land entry points and ports saw a remarkable increase of 33% compared to the corresponding period last year, totaling 1,520,604 individuals....
https://knews.kathimerini.com.cy/en/business/sixt-pumps-the-bakes-on-tesla-as-it-halts-purchases-and-sells-existing-ev-stock
In a strategic move that underscores the evolving dynamics in the electric vehicle (EV) landscape, Sixt, a prominent German rental car company, has decided to discontinue purchasing Tesla vehicles and plans to sell off its current Tesla EV stock....
https://knews.kathimerini.com.cy/en/news/parekklisia-students-walk-out-demand-swift-infrastructure-attention
In a poignant demonstration against the school's crumbling infrastructure and alleged governmental negligence, students of Parekklisia Primary School orchestrated a two-hour walkout, seizing the streets with fervent calls for change....
https://knews.kathimerini.com.cy/en/news/astronauts-capture-striking-views-of-tiangong-space-station-before-earth-return
In a historic moment, China's Shenzhou 16 mission bid farewell to the Tiangong Space Station, offering a unique glimpse of the entire structure through high-definition imagery. The departure marked the first comprehensive imaging of Tiangong since its orbital arrival....
https://knews.kathimerini.com.cy/en/news/serbia-s-deal-with-cyprus-strengthens-air-force
In a move to enhance its air force capabilities, Serbia has acquired eleven Russian-made Mi-35 military helicopters from Cyprus, solidifying its position as a key player in the regional military landscape....
https://knews.kathimerini.com.cy/en/news/larnaca-takes-on-mosquito-menace-as-residents-warned-to-drain-trouble-spots
Municipal authorities in Larnaca are intensifying systematic mosquito spraying efforts as residents are found neglecting areas conducive to mosquito breeding. ...
https://knews.kathimerini.com.cy/en/business/cyprus-economy-grows-strong-at-2-5-in-q3-2023
Good news for Cyprus! The country's economy had a solid growth spurt, reaching 2.5% in the third quarter of 2023. That's better than the same time last year. ...
https://knews.kathimerini.com.cy/en/business/how-kotsovolos-fits-into-ppc-s-master-plan
The acquisition of "Kotsovolos" propels PPC's transformation into an integrated provider of products and services, reshaping the retail electricity market. By securing "Kotsovolos," PPC gains the means to offer a comprehensive range of services, from electricity and natural gas to cutting-edge energy solutions....
