https://knews.kathimerini.com.cy/en/business/ppc-becomes-new-owner-of-kotsovolos-in-€200-million-deal
In a significant development, PPC, the Greek energy company, has emerged as the new owner of the popular retail brand "Kotsovolos." This transition was facilitated through a deal with the British group Currys, valuing the acquisition at €200 million, entirely free from loans and lease obligations....
https://knews.kathimerini.com.cy/en/news/uk-accused-of-turning-a-blind-eye-to-israel-palestine-war
Concerns that the UK Foreign Office has neglected the Israel-Palestine conflict in its tilt to the Indo-Pacific and the pursuit of trade deals across the Middle East is to be investigated by the foreign affairs select committee....
https://knews.kathimerini.com.cy/en/news/eni-launches-cyprus-drilling-operation-at-kronos-2
The Transocean Barrents floating drilling rig has set sail from Limassol and is en route to the Kronos field. It will conduct drilling operations on behalf of the Italian company ENI at the Kronos-2 target in Block 6 of the Cypriot Exclusive Economic Zone (EEZ), approximately 160 kilometers southwest of Cyprus, according to a report from CNA....
https://knews.kathimerini.com.cy/en/business/iata-s-oneid-sees-a-passport-free-future-in-air-travel
Recent strides in digital identity technology are reshaping the landscape of air travel, offering the promise of a streamlined and secure experience without the hassle of passports and boarding passes. ...
https://knews.kathimerini.com.cy/en/business/a-cheesy-dilemma-as-halloumi-faces-new-market-challenges
Amid renewed discussions on the PDO halloumi milk quota, a fresh challenge has emerged for producers and the competitiveness of the product. The market now sees products labeled as ''grilled cheese,''...
https://knews.kathimerini.com.cy/en/news/halloumi-talks-continue-as-stakeholders-seek-common-ground
In a meeting lasting over four hours on Monday evening at the Agricultural Research Institute in Aglandjia, discussions on the issue of halloumi concluded with a concise announcement from the Ministry. It was decided to continue talks with different stakeholder groups individually....
https://knews.kathimerini.com.cy/en/news/which-european-country-bears-the-brunt-of-energy-costs
The pre-tax prices of electricity and natural gas soared after Russia's full-scale invasion of Ukraine, but they're now on the decline. Although slightly higher than the second half of 2022, the final prices for customers, including taxes, reached their peak in the first half of 2023....
https://knews.kathimerini.com.cy/en/business/ministry-secures-€245-million-boost-for-business-growth-in-2027
A total of €245 million has been secured by the Ministry of Energy, Commerce and Industry for the new programming period up to 2027, which will be made available to businesses through targeted grant plans with an emphasis on absorbing and utilising as many resources as possible from European Funds, including the Recovery and Resilience Fund, Energy Minister George Papanastasiou said on Friday, speaking at the General Electoral Assembly of the Paphos Chamber of Commerce and Industry....
https://knews.kathimerini.com.cy/en/news/minister-vows-smart-lights-rule-over-timers
In a recent presentation of the Ministry of Transport's 2024 budget to the Finance Committee, Minister of Transport, Alexis Vafeadis, categorically stated that there will be no timers installed at traffic lights until at least March or April 2024. ...
https://knews.kathimerini.com.cy/en/news/israelis-find-sanctuary-in-greece-and-cyprus
As the conflict with Hamas in Gaza intensifies, a growing number of Israeli citizens are seeking refuge in Greece and Cyprus....
https://knews.kathimerini.com.cy/en/news/7-000-tons-of-halloumi-on-the-brink
Official Ministry of Agriculture data have unveiled a critical situation in the halloumi production industry, a beloved and essential product in Cyprus....
https://knews.kathimerini.com.cy/en/news/kissinger-ai-could-replace-humans-in-the-next-5-years
Henry Kissinger described artificial intelligence as the "biggest challenge of our times," predicting that humanity could be replaced by machines in the next five years....
https://knews.kathimerini.com.cy/en/news/usa-maine-residents-on-lockdown-after-18-people-killed
Shocked and fearful Maine residents kept to their homes for a second night Thursday as hundreds of heavily armed police and FBI agents searched intensely for Robert Card, an Army reservist authorities say fatally shot 18 people at a bowling alley and a bar in the worst mass killing in state history....
https://knews.kathimerini.com.cy/en/business/mcdonalds-israel-in-the-hot-seat-for-giving-away-100-000-free-meals-to-soldiers
Tensions are playing out at McDonald’s locations across the Middle East as the Israel-Hamas war rages on....
https://knews.kathimerini.com.cy/en/news/queen-rania-accuses-western-leaders-of-double-standard-in-gaza-conflict
Jordan’s Queen Rania has accused Western leaders of a “glaring double standard” for not condemning Israel’s killing of Palestinian civilians in its bombardment of Gaza....
https://knews.kathimerini.com.cy/en/news/gunman-s-attack-leaves-22-dead-in-lewiston
At least 22 people are said to have been killed after a shooting in the US state of Maine, with the suspect - a firearms instructor - still at large....
https://knews.kathimerini.com.cy/en/news/cyprus-deposits-bounce-back-with-€87-7-million-growth
Total deposits recorded a noteworthy uptick in September 2023, rebounding from two consecutive months of decline, according to data released Wednesday by the Central Bank of Cyprus....
https://knews.kathimerini.com.cy/en/news/31-year-old-admits-to-attempted-murder-for-20-000-euros
In a recent verdict, the Larnaca Permanent Criminal Court has sentenced a 31-year-old man to 16 years in prison for an attempted murder that took place in Oroklini on December 4, 2022....
https://knews.kathimerini.com.cy/en/news/britain-s-new-ship-to-protect-underwater-cables
Concerned by threats to underwater pipes and cables that connect it with Europe and the rest of the world, Britain this month formally dedicated a new and unusual surveillance ship called the RFA Proteus....
https://knews.kathimerini.com.cy/en/news/schofield-s-scandal-spurs-strict-workplace-relationship-disclosure
ITV staff have been ordered to tell the company about personal relationships with colleagues after the Phillip Schofield scandal....
https://knews.kathimerini.com.cy/en/business/ministry-recommends-adjusting-milk-mix-for-better-halloumi
The Ministry of Agriculture, Rural Development, and Environment is taking steps to improve the production of the highly-regarded PDO halloumi cheese. ...
https://knews.kathimerini.com.cy/en/news/assessing-the-dual-impact-of-government-s-support-measures
Recent days have witnessed crucial discussions surrounding measures to support households and businesses, a pressing necessity given the prevailing circumstances....
https://knews.kathimerini.com.cy/en/news/€3-93-billion-windfall-from-eu-on-the-horizon
The funds absorbed by Cyprus from European funds have exceeded the amount of Cyprus's contributions to the EU, said member of the EU Court of Auditors, Lefteris Christoforou, presenting the annual report of the Court for 2022 to President of the House of Representatives Annita Demetriou on Thursday....
https://knews.kathimerini.com.cy/en/news/new-measures-unveiled-for-energy-and-housing
In a decisive move to support Cyprus' households and businesses, the Council of Ministers, under the leadership of President Nikos Christodoulides, unveiled a comprehensive package of immediate and medium-term measures today....
https://knews.kathimerini.com.cy/en/news/netherlands-tops-global-pension-rankings-with-ai-driven-excellence
A new analysis, ranking 47 pension systems across the world, has shed light on the growing impact of AI on pension systems....
https://knews.kathimerini.com.cy/en/news/consumer-prices-surge-4-3-in-september-fueled-by-food-and-beverages
The Harmonised Consumer Prices Index (HCPI) in Cyprus witnessed a 4.3% increase in September, marking its second consecutive rise, primarily propelled by surging prices in Food and Non-Alcoholic Beverages, according to data from the Cyprus Statistical Service (CyStat)....
https://knews.kathimerini.com.cy/en/news/cyprus-launches-special-unit-for-human-trafficking-victims-in-anti-trafficking-effort
The Deputy Ministry of Social Welfare in Cyprus has introduced a new unit dedicated to managing human trafficking victims. This unit operates from a shelter in Nicosia designed to aid victims of sexual exploitation but extends its services across the entire island....
https://knews.kathimerini.com.cy/en/news/cyprus-tops-eu-in-export-growth-with-55-2-surge-in-august-2023
Cyprus has taken the spotlight as the European Union's top performer in export growth, with a remarkable 55.2% surge in exports during August 2023 compared to the same period in 2022, according to Eurostat, the EU's statistical service....
https://knews.kathimerini.com.cy/en/business/cyprus-tourism-thrives-with-nearly-18-surge-in-september-arrivals
In a promising sign for the country's tourism sector, Cyprus reported a remarkable 17.9% increase in tourist arrivals during September 2023 compared to the same month in 2022....
https://knews.kathimerini.com.cy/en/news/cyprus-sees-drop-in-poverty-risk-4-000-fewer-affected
In 2022, the proportion of Cyprus's population facing the risk of poverty or social exclusion showed a decline, falling to 16.7%, down from 17.3% in 2021. This reduction indicates a decrease of about 4,000 individuals at risk of poverty or social exclusion....
