https://knews.kathimerini.com.cy/en/news/how-will-airport-traffic-fare-this-year
Passenger traffic at Cypriot airports is expected to return to 2019 levels this year. According to current data, passenger traffic will reach at least 96% of what it was in 2019 and may even exceed it. ...
https://knews.kathimerini.com.cy/en/business/eib-financed-€250-million-worth-of-green-projects-in-cyprus
The European Investment Bank (EIB) reported on Wednesday on its strong engagement in Cyprus for 2022, with new financing signed reaching a total of €250 million, all of which was invested in green projects....
https://knews.kathimerini.com.cy/en/business/ey-presents-report-on-the-future-of-banking-in-cyprus
The report showcases the importance and contribution of Cypriot banks to the wider economy and society, and identifies current and upcoming challenges and opportunities...
https://knews.kathimerini.com.cy/en/news/electricity-subsidies-extended-for-another-two-months
The Council of Ministers, which convened on Wednesday for the last time under outgoing President of the Republic Nicos Anastasiades, approved the extension of a subsidy for the cost of electricity consumption as well as reduced excise for specific products....
https://knews.kathimerini.com.cy/en/news/dutch-officials-deny-entry-to-more-russian-diplomats
Russian diplomats will no longer be stationed in the Netherlands in numbers greater than those of the Dutch embassy in Moscow, according to announcements made by Dutch authorities....
https://knews.kathimerini.com.cy/en/news/drakos-radical-reforms-achieved-in-the-past-20-months
Outgoing Minister of Justice and Public Order, Stephie Drakos, presented her work at the Ministry over the past 20 months at a press conference held at the Presidential Palace, noting that during this period a series of sweeping reforms took place at almost all levels and areas of responsibility of the Ministry....
https://knews.kathimerini.com.cy/en/business/2023-will-be-the-year-banks-dole-out-dividends
Apart from entering 2023 with inflationary tendencies and following a year with a geopolitical crisis due to the Ukrainian one, it is expected to be the year when the term "dividend distribution,"...
https://knews.kathimerini.com.cy/en/news/eu-s-natural-gas-consumption-drops-by-19-3
The EU consumption of natural gas has dropped by 19.3% in the period August 2022 - January 2023, compared with the average gas consumption for the same months (August - January) between 2017 and 2022, according to information from member state official sources and reported by Eurostat, the statistical service of the EU....
https://knews.kathimerini.com.cy/en/comment/opinion/thinking-of-investing-in-real-estate-don-t-do-it
A lack of financial literacy can lead people to consider investing in direct real estate. This a provocative statement to say the least, so let me explain....
https://knews.kathimerini.com.cy/en/news/casino-dash-before-new-cabinet-raises-eyebrows
A House committee in the Republic of Cyprus is blocking three appointments on a casino commission until after the new Cabinet takes shape on March 1, with members raising conflict of interest concerns and the outgoing government insisting it should be allowed to fill the vacant positions now...
https://knews.kathimerini.com.cy/en/news/new-earthquake-in-turkey-felt-in-cyprus
Α 6.4 magnitude earthquake that struck at 19:04 on Monday in Antakya, near the Turkey-Syria border, was felt throughout Cyprus and the eastern Mediterranean, Cyprus’ Geological Survey Department said on Monday evening, noting that it is considered an aftershock of the February 6 earthquake...
https://knews.kathimerini.com.cy/en/business/1-ayia-napa-marina-delivery-of-luxury-homes-begins-with-beach-villa-6
Ayia Napa Marina, the iconic award-winning mixed-use development, has officially begun delivery of its luxury villas, with Beach Villa 6 already handed over to its owner. ...
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-71-million-in-profits-in-2022
Bank of Cyprus' profit for 2022 was 71 million euros, up from 30 million euros in 2021....
https://knews.kathimerini.com.cy/en/news/police-propose-law-to-text-camera-citations-to-owners
The Cypriot government seeks to amend legislation so that authorities can notify traffic camera violators via SMS or email text, but legal issues and a drastic drop in daily violations could hinder those efforts when the bill heads for the House this year...
https://knews.kathimerini.com.cy/en/news/building-materials-at-their-highest-since-1986
The Price Index of Construction Materials for January 2023 reached 136.01 units (base year 2015=100), recording an increase of 12.25% compared to the same month of the previous year, according to data published by the Statistical Service on Friday....
https://knews.kathimerini.com.cy/en/news/1-172-repatriations-of-third-country-nationals-conducted-in-january
A total of 1,172 returns of third-country nationals to their countries of origin took place in January, Interior Minister Nikos Nouris said on Friday....
https://knews.kathimerini.com.cy/en/news/i-m-in-love-with-you-you-re-a-threat-the-strange-responses-of-bing-a-i
At the very least, the responses provided by Bing (or Bing A.I.), Microsoft's new artificial intelligence chatbot integrated into the search engine of the same name, are concerning....
https://knews.kathimerini.com.cy/en/news/frozen-fish-and-flour-marked-a-substantial-price-increase
Frozen fish and flour recorded a high price increase, according to data published on Wednesday by the Consumer Protection Service of the Ministry of Energy, Commerce and Industry....
https://knews.kathimerini.com.cy/en/news/pwc- 5-2-billion-in-real-estate-transactions in-2022
Transaction volumes in the real estate and land development sector have surpassed those of 2019. According to the most recent PwC Cyprus publication, the total value of transactions in 2022 will reach €5.2 billion,...
https://knews.kathimerini.com.cy/en/news/the-baby-grant-continues-amounts-and-benefits
It is still possible to receive the "Baby Grant" which is a subsidy of 1,750 euros given to eligible recipients and includes supplies such as furniture, linens, items for personal hygiene and care, and clothing for up to two years....
https://knews.kathimerini.com.cy/en/news/cyprus-42-cases-of-pediatric-cancer-recorded-each-year
Each year, 42 new cancer cases among children are recorded in Cyprus, while the cure rate of childhood cancer cases ranks the country in the top spot worldwide,...
https://knews.kathimerini.com.cy/en/news/cyprus-land-development-received-11-1-million-from-the-passport-program
The Cyprus Investment Program, also known as the passport program, brought in €11.17 million for the Cyprus Land Development Corporation between 2019 and 2022....
https://knews.kathimerini.com.cy/en/business/companies-laying-off-employees-to-hire-new-ones-at-lower-salaries
Keri and other recruiters say that candidate offers are now much lower and look more like those from 2019 — before the pandemic kicked off the Great Resignation, before Big Tech went on a hiring spree, and before anyone had heard of "quiet quitting."...
https://knews.kathimerini.com.cy/en/business/1-february-newsletter-of-k-treppides-co-ltd-cysec
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in the field of auditing and accounting services with offices in three countries....
https://knews.kathimerini.com.cy/en/news/turkey-orders-arrests-over-collapsed-buildings-in-earthquake
Turkey vowed on Sunday to investigate thoroughly anyone suspected of responsibility for the collapse of buildings in the country's devastating earthquakes nearly one week ago and has already ordered the detention of 113 suspects...
https://knews.kathimerini.com.cy/en/news/nikos-christodoulides-is-now-the-8th-president-of-the-republic-of-cyprus
After all the campaigning, the name-calling, an unprecedented split in one of the nation’s oldest parties and even the bitterness emanating from certain candidates who lost in the first round, it’s finally over. ...
https://knews.kathimerini.com.cy/en/news/sales-to-foreign-buyers-hit-16-year-high
During January 2023 foreign buyers deposited 594 contracts of sale at Land Registry offices across the island. Moreover, these accounted for 54% of all sales; the first time since 2007 that the number of foreign sales has exceeded domestic sales....
https://knews.kathimerini.com.cy/en/news/credit-suisse-posts-$1-51-billion-loss-in-4th-quarter-of-2022
Credit Suisse on Thursday reported a fourth-quarter and annual net loss that missed expectations, as the Swiss bank continued with its huge strategic overhaul....
https://knews.kathimerini.com.cy/en/news/apartment-prices-continued-its-upward-momentum-in-q4-2022
Apartments continued to drive the rising real estate prices in the fourth quarter of 2022, data published by the Aks WiRE Index show....
https://knews.kathimerini.com.cy/en/news/botox-ampoules found-in-chocolates-smuggled-from-the-occupied-territories
Botox ampoules were one of the more bizarre items that a person attempted to smuggle through the barrier last year, according to customs officials at the British Bases in Dhekelia....
