Knews, Kathimerini Cyprus English Edition

AstroBank: Residential and other properties for sale

AstroBank is selling agricultural, commercial and residential properties in various areas of Cyprus such as Paphos, Famagusta, Nicosia and Larnaca....

24/11/2023 | BUSINESS

Clouds and chilly surprises

Today, expect mainly clear skies with a touch of afternoon cloudiness, especially in the mountains. Winds will play a game of direction, starting from the northeast to southeast and later adopting a sea breeze, dancing lightly at 3 Beaufort. ...

24/11/2023 | NEWS

Investors pull $956M from Binance after CEO resigns amid legal woes

In the aftermath of Binance CEO Changping Zhao's resignation and guilty plea, investors withdrew approximately $956 million from the cryptocurrency exchange within the last 24 hours. ...

23/11/2023 | BUSINESS

Cyprus' robust 11.8% surge in household spending defies EU norms

In 2022, Cyprus experienced a notable 11.8% increase in household final consumption expenditure compared to the previous year, surpassing the EU's overall growth of 4.7%, as reported by Eurostat. ...

23/11/2023 | NEWS

EY Cyprus Shines a Spotlight on Workplace Wellbeing in Successful Webcast Event

EY Cyprus is pleased to announce the successful completion of its highly anticipated webcast event, where the results of the Cyprus Workplace Wellbeing Survey were presented. The event, held on November 20th, brought together industry leaders, professionals, and stakeholders to discuss and dissect the findings of this significant survey. ...

23/11/2023 | BUSINESS

Larnaka-Based Marketing Agency Ranked in Top 4 Digital Advertising Teams in the World for 2023

The Obsidian Co. is positioning Cyprus on the global stage, securing a spot in the top 4 finalists in The Drum Awards 2023's ''Agency Team of the Year'', solidifying its status among the world's best digital advertising agencies....

23/11/2023 | BUSINESS

Gaza ceasefire set for tomorrow, Friday, at 7am

A ceasefire in Gaza will commence at 7 a.m. on Friday morning, as announced by Qatar....

23/11/2023 | NEWS

Inside the grand unveiling of 'Smart Nicosia' dreams

In a groundbreaking initiative, the municipality of Leucosia unveiled the Smart Nicosia project on November 20, marking a significant leap towards transforming the city into a smart and livable hub....

23/11/2023 | NEWS

Cyprus faces double-digit sanctions violations chaos

Cyprus’ Law Office has received complaints on possible sanctions violations amounting to double-digits, Attorney-General George Savvides told a parliamentary committee which discussed the “Cyprus confidential” publication, involving millions of leaked files on financial transactions investigated by the International Consortium of Investigative Reporters (ICIJ)....

23/11/2023 | NEWS

Less time for points, more focus on road safety

The Parliament discussed a proposal to reduce the time limit for penalty points on traffic violations from three to two years. The idea is to address the increase in court cases related to traffic offenses. The proposal has support from various authorities, and it's expected to become law soon....

23/11/2023 | NEWS

OpenAI's CEO ousted amidst fears for humanity

Upon his return to OpenAI following a five-day exile, the controversy surrounding Sam Altman's removal appeared to stem from concerns related to a potential breakthrough in OpenAI's pursuit of artificial general intelligence....

23/11/2023 | BUSINESS

Cyprus and Serbia strengthen ties with three key agreements

During President Nikos Christodoulides' official visit to Serbia, Cyprus and Serbia solidified their collaboration by signing three Memoranda of Understanding....

23/11/2023 | BUSINESS

Cyprus sees drop in savings to 6.5%, Eurostat highlights

Saving rates were significantly lower than in 2021 (13.47 in Cyprus, 16.4% in the EU), and closer to the values before COVID-19 pandemic (5.8% in Cyprus and 12.3% in the EU in 2019)....

23/11/2023 | NEWS

Australia doesn't exist according to Bing

In a bizarre twist on Wednesday, Bing search results left some users questioning reality as the search engine boldly declared, "No," in response to queries about Australia's existence....

23/11/2023 | NEWS

How Geert Wilders is redefining Dutch politics

Geert Wilders' far-right triumph in Dutch elections reverberates across Europe, marking a trend of growing electoral success. The Party for Freedom (PVV) gains prominence, aligning with European far-right leaders like Orban, Meloni, and Le Pen....

23/11/2023 | OPINION

Government splurges €1.47M on electric cars amid rising living costs

In a significant move towards sustainable practices, Mr. Alexis Vafeadis, the Minister of Transport, Communications, and Works, recently accepted a fleet of electric vehicles from Michaels Automotive Ltd....

23/11/2023 | NEWS

''We are a banana republic'' -Glafkos Clerides

A citizen chased and recorded with his mobile phone a mobile camera driver who was speeding over 140 km/h....

23/11/2023 | NEWS

Swedish media exposes Sizopoulos's tie to 'golden passports' scheme

In a joint investigation, Göteborgs-Posten and OCCRP shed light on EPP President Marinos Sizopoulos's connection to the 'golden passports' scandal....

23/11/2023 | NEWS

Navigating 'Black Friday': Discounts vs. reality

Discounts of a few euros, or even cents, are being advertised by electronics and appliance companies in anticipation of Black Friday. However, market activity does not seem to meet the expected levels for the Black Friday period, and it is certainly considerably lower compared to the peak observed in 2018 and 2019....

23/11/2023 | BUSINESS

Giving thanks in Cyprus with American spirit and Cypriot flavor

As I sit down to reflect on this Thanksgiving Day, I find myself in beautiful Cyprus, a place I've called home for nearly two decades. While the traditions may differ from the familiar scenes in the United States,...

23/11/2023 | OPINION

Car crash at US-Canada border kills 2

A dramatic incident unfolded on Wednesday as a high-speed crash on the Rainbow Bridge connecting New York and Ontario resulted in a fiery catastrophe, claiming the lives of two individuals in the vehicle....

23/11/2023 | NEWS

AKEL urges president to prioritize people's health

In a bold statement, AKEL, a prominent political party, has brought to light the Minister of Health's frustration with the Ministry of Finance....

23/11/2023 | NEWS

Decoding the secrets of 'Confidential' oligarch deals

Hours before Cyprus faced criticism in the European Parliament for alleged involvement of Cypriot companies in the movement of funds for Russian oligarchs, officials in Nicosia defended their reputation. ...

23/11/2023 | NEWS

From clear skies to thunderous showers

Starting off with Thursday, the day promises mostly clear skies. However, keep an eye out for afternoon clouds gathering over the mountains....

23/11/2023 | NEWS

UNIC Christmas Spirit

The University of Nicosia (UNIC) is hosting a week-long celebration of the Christmas season, filled with festive events and activities....

22/11/2023 | NEWS

Major players unveil ambitious plans for shopping malls in Limassol

After Nicosia, the competition among shopping centers is shifting to the market in Limassol. The focus of the two strong players in the capital, Nicosia Mall (owned by Zorpa Group, PHC Group, Athienitis Group, and VLM Group) and Atterbury Europe (Mall of Cyprus), is set on their next investments in Limassol....

22/11/2023 | BUSINESS