https://knews.kathimerini.com.cy/en/business/responsible-today-sustainable-tomorrow-lidl-cyprus-with-an-eye-on-cyprus-of-the-future
An event dedicated to its vision for a sustainable tomorrow was held by Lidl Cyprus at the premises of the Lidl Food Academy in the centre of Nicosia on Thursday 21 March 2023, in the presence of the honourable Minister of Energy, Trade and Industry, Mr. Giorgos Papanastasiou, as well as other institutional body representatives and partners of the company, as well as representatives of the media. ...
https://knews.kathimerini.com.cy/en/news/over-€9m-in-traffic-fines-collected-amid-camera-controversy
Cyprus has collected €9.3 million ($10.2 million) in fines from traffic violations reported through its photo certification system between January 2022 and mid-March 2024, according to figures released by the police....
https://knews.kathimerini.com.cy/en/news/efforts-underway-to-preserve-native-cypriot-cattle-breed
A collaborative effort among Cypriot stakeholders aims to revitalize the dwindling population of the native Cypriot cattle breed, which has faced endangerment since the mechanization of agriculture post-1960....
https://knews.kathimerini.com.cy/en/business/cyprus-offers-€400k-boost-for-sme-s
The Commissioner for State Aid Control, Stella Michaelides, has announced her decision on a scheme aimed at supporting Small and Medium Size Enterprises (SMEs)...
https://knews.kathimerini.com.cy/en/business/south-korea-launches-first-self-sailing-container-ship
South Korea's strides in maritime technology are showcased with the development of a groundbreaking container ship capable of autonomous navigation, marking a significant leap forward in the industry, ...
https://knews.kathimerini.com.cy/en/comment/opinion/what-are-they-afraid-of
Transparency is not merely a good thing; it is essential. However, with the exception of one, credit buyout companies seem unwilling to disclose their financial results, keeping them shrouded in secrecy....
https://knews.kathimerini.com.cy/en/news/russian-election-influence-in-cyprus-raises-eyebrows
Numerous intriguing revelations surface from the unfolding of the presidential elections in Russia, casting a spotlight on the Russian communities nestled in Cyprus.
...
https://knews.kathimerini.com.cy/en/business/kedipes-successfully-sells-€58-4m-portfolio-to-reduce-debt
The Cyprus Asset Management Company (KEDIPES) announced Thursday the successful completion of a sale of performing and restructured loan portfolios to Bank of Cyprus Public Company Limited, with a combined gross book value of €58.4 million as of December 31, 2022....
https://knews.kathimerini.com.cy/en/business/another-record-year-for-cablenet
For yet another year, Cablenet has achieved double-digit revenue growth. Specifically, in 2023, it reached €74.3 million compared to €63.9 million in 2022...
https://knews.kathimerini.com.cy/en/news/gesy-€1-58b-revenue-€500m-reserve-stable-until-2031
The Health Insurance Organisation (OAY) has disclosed that its revenue from contributions to the General Health System (GeSY) reached €1.58 billion in 2023,...
https://knews.kathimerini.com.cy/en/news/cyprus-a-familiar-economic-space-for-greece
In an interview conducted by Kathimerini reporter Panayiotis Rougalas, Greece's Central Bank Governor, Mr. Yiannis Stournaras, sheds light on various aspects of the country's monetary policy and economic landscape....
https://knews.kathimerini.com.cy/en/news/eurobank-cyprus-reports-€199-4m-profits-in-2023
Eurobank Cyprus unveiled its financial results for 2023, boasting a profit of €199.4 million, marking a significant increase of €105.1 million or 111% compared to 2022.
...
https://knews.kathimerini.com.cy/en/news/unemployment-rate-drops-while-inflation-inches-up
The latest data from the Cyprus Statistical Service reveals a positive shift in the country's economic landscape, with the unemployment rate falling to 5.9% in the fourth quarter of 2023, compared to 6.9% in the same period the previous year....
https://knews.kathimerini.com.cy/en/news/pwc-slow-progress-in-gender-equality-in-the-workplace
To mark International Women’s Day 2024, PwC has released two studies, the Women in Work Index and Inclusion Matters, finding that global progress on achieving gender parity at work continues at a sluggish rate....
https://knews.kathimerini.com.cy/en/news/cystat-gender-disparities-persist-in-workforce
Although women make up the majority of the workforce in Cyprus, they are still paid significantly less than men, according to data published in a Cyprus Statistical Service (CyStat) infographic on the occasion of International Women's Day....
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/news/the-shocking-reality-of-students-in-drug-cases-revealed
Evidence of student involvement in drug trafficking and use, leading to a criminal case opened by YKAN, was presented on Wednesday by YKAN's commander, Stelios Aristideou, to the House Legal Affairs Committee....
https://knews.kathimerini.com.cy/en/news/job-market-improves-and-industrial-sector-grows
In good news for Cyprus, the latest data from the Cyprus Statistical Service (CyStat) reveals a positive trend in the job market. In February 2024, the number of people registering as unemployed dropped by 13.8%...
https://knews.kathimerini.com.cy/en/news/national-guard-s-death-raises-questions-on-cyprus-justice-system
Revelations surrounding the death of National Guardsman Thanasis Nicolaou, emerging years after the incident, have sparked both sensation and concern about the functioning of the criminal justice system in Cyprus. ...
https://knews.kathimerini.com.cy/en/business/cypriot-companies-lead-europe-s-fastest-growth
Two Cypriot companies have made it onto this year's list of the one thousand fastest-growing European businesses, a list compiled annually by the British newspaper Financial Times in collaboration with the German data analysis company Statista....
https://knews.kathimerini.com.cy/en/news/britons-get-first-look-at-new-banknotes-featuring-king-charles
Britons recently had the opportunity to preview the latest banknotes featuring King Charles III at the Bank of England's ''The Future of Money'' exhibition. ...
https://knews.kathimerini.com.cy/en/news/inflation-and-new-markets-propel-spending-close-to-€3-billion-in-2023
Just before the end of last summer, economic analysts' projections for 2023 tourism revenue were nearing a record close to €3 billion. ...
https://knews.kathimerini.com.cy/en/news/france-first-in-50-years-to-secure-abortion-as-constitutional-right
France has taken a historic step by becoming the first country in half a century to enshrine abortion as a constitutional right. ...
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/central-bank-predicts-2-2-gdp-growth-in-2023
The Central Bank of Cyprus (CBC) expects GDP growth of 2.2% in 2023, compared to significant growth of 5.1% in 2022, while for the years 2024-26 it expects GDP growth of 2.6%, 3.1% and 3.2%, respectively....
https://knews.kathimerini.com.cy/en/news/cyprus-real-estate-market-holds-steady-at-€5-5bn-in-2023
The Cypriot real estate market demonstrated remarkable resilience and flexibility during 2023 and the total value of transactions reached €5.5bn, which appears to be at the same levels as in 2022, a press release by PwC Cyprus says....
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/news/us-senators-allow-f-16-sale-to-turkey-despite-concerns
US senators declined on Thursday to block the sale of F-16s to Turkey, despite voicing deep disdain for Turkey’s conduct as an ally. They were upholding an unofficial bargain that Turks would get the fighter jets if they stopped blocking Sweden’s accession to NATO....
https://knews.kathimerini.com.cy/en/news/nicosia-water-board-official-accused-of-sexual-harassment
A senior official at the Nicosia Water Board is under scrutiny following allegations of sexual harassment in multiple incidents....
https://knews.kathimerini.com.cy/en/business/bitcoin-surpasses-$57-000-on-etf-boost-and-corporate-investments
Bitcoin reached a milestone, surpassing $57,000, driven by increasing demand from exchange-traded funds (ETFs) and corporate investments, notably by MicroStrategy. ...
