https://knews.kathimerini.com.cy/en/news/vienna-cancels-taylor-swift-concerts-over-foiled-terror-attack
Three Taylor Swift concerts in Vienna have been canceled following the arrest of two suspects allegedly planning a terrorist attack during her performances.
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https://knews.kathimerini.com.cy/en/news/epic-double-ookla-and-umlaut-rank-epic-once-again-at-the-top-of-telecommunications-in-cyprus-for-its-fixed-internet-and-mobile-networks-respectively
Epic continues to stand at the top of telecommunications in Cyprus, with two new international awards that are the culmination of its continuous investments in the development of a state-of-the-art, ultra-fast and reliable mobile and fixed internet network, offering an epic communication experience with innovative solutions, continuous evolution, and dedication to excellence....
https://knews.kathimerini.com.cy/en/news/cyprus-boosts-r-d-funding-by-nearly-20-spending-€138m-in-2023
Cyprus significantly boosted its investment in research and development (R&D) in 2023, with government budget allocations rising by 19.8% compared to the previous year, according to new data from Eurostat. This increase is notably higher than the average 5.3% rise observed across the European Union during the same period....
https://knews.kathimerini.com.cy/en/news/controversy-as-2-7m-tourists-flock-to-occupied-cyprus
According to Halkin Sesi, citing data on tourism in the pseudo-state, the occupied territories in Cyprus saw an influx of 2.7 million third-country nationals in the first five months of 2024....
https://knews.kathimerini.com.cy/en/news/record-passenger-traffic-at-cyprus-airports-in-2024
In a landmark achievement, the number of passengers passing through Larnaca and Paphos airports in the first seven months of 2024 has surged by 4.42% compared to the same period last year, setting a new record for the island....
https://knews.kathimerini.com.cy/en/business/joint-sea-venture-for-cleaner-seas-by-the-bank-of-cyprus
Initial assessments showed no observable impact on the biodiversity of the Blue Lagoon area of the Akamas Peninsulaby tourism activities....
https://knews.kathimerini.com.cy/en/news/central-bank-revises-gdp-growth-to-3
The Central Bank of Cyprus (CBC) made a conservative upward revision to the GDP growth rate for 2024, by 0.2 percentage points, to 3%......
https://knews.kathimerini.com.cy/en/business/cyprus-unemployment-decreases-while-social-benefits-paid-increase
The number of unemployed persons registered at the District Labour Offices in Cyprus fell to 11,877 at the end of July 2024, marking a 9.9% decrease compared to the same period last year, according to data released by the Statistical Service on Monday....
https://knews.kathimerini.com.cy/en/news/gesy-reserve-fund-soars-to-€590-million
The General Healthcare System (GESY) reserve fund remains high at approximately €590 million, exceeding international best practices......
https://knews.kathimerini.com.cy/en/comment/opinion/ten-months-after-hamas-attack-conflict-continues
Ten months after Hamas attacked Israel on October 7, 2023, the Middle East is currently at a critical juncture....
https://knews.kathimerini.com.cy/en/news/appointment-of-new-ceo-and-bod-in-opap-cyprus
OPAP Cyprus announces the appointment of Mr. Alexandros Davos as the company’s new CEO, as well as the appointment of a new BoD, with immediate effect....
https://knews.kathimerini.com.cy/en/news/cyprus-non-cash-payment-value-hits-€129-billion
Non cash payments in Cyprus in the second half of 2023 rose by 12% year on year to €129 billion with total transactions amounting to 152 million marking an annual increase of 15%, the Central Bank of Cyprus (CBC) has said....
https://knews.kathimerini.com.cy/en/news/adnoc-and-bp-engage-in-high-stakes-talks-with-energy-minister
Officials from the United Arab Emirates' Abu Dhabi National Oil Company (Adnoc) and British multinational BP will be in Cyprus today, Friday, for meetings with Energy Minister George Papanastasiou.
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https://knews.kathimerini.com.cy/en/news/cyprus-reclaims-37-relics-from-germany-after-60-years
The repatriation of 37 Cypriot antiquities on 26 July 2024 from Stuttgart, Germany was announced by the Department of Antiquities, of the Deputy Ministry of Culture....
https://knews.kathimerini.com.cy/en/news/eurobank-cyprus-reports-€105-7m-net-profit-for-h1-2024
Eurobank Cyprus reported a net profit of €105.7 million for the first half of 2024, marking a 16% increase, or €14.9 million, compared to the same period in 2023....
https://knews.kathimerini.com.cy/en/news/cyprus-inflation-slows-in-july-after-three-months-of-rising-costs
Inflation in Cyprus took a breather in July after three months of climbing prices. According to new figures released by the Cyprus Statistical Service, the cost of living went up by 2.1% in July. ...
https://knews.kathimerini.com.cy/en/news/greece-on-high-alert-over-possible-israeli-target-attack
The National Intelligence Service (EYP) and counterterrorism authorities in Greece are on heightened alert after receiving a warning from foreign security services about a potential attack on an Israeli interest in Greece....
https://knews.kathimerini.com.cy/en/news/journalists-spies-and-political-prisoners-freed-in-largest-prisoner-swap-since-cold-war
The Wall Street Journal reporter Evan Gershkovich has been freed from Russian custody as part of a significant prisoner exchange involving numerous foreign citizens held in Russia and several Russian political prisoners....
https://knews.kathimerini.com.cy/en/news/cyprus-sees-significant-uptick-in-new-loans
In June 2024, new loans in Cyprus substantially increased, reaching €330.6 million, up from €234.9 million in May. Data from the Central Bank of Cyprus (CBC) show that total new loans, which include both new and renegotiated contracts, climbed to €514.9 million from €391.6 million the previous month....
https://knews.kathimerini.com.cy/en/news/cyprus-government-rakes-in-over-€424m-in-surpluses-this-year
Cyprus has reported a substantial budget surplus of €424.5 million for the first half of 2024, a huge increase from the €62 million surplus during the same period last year. ...
https://knews.kathimerini.com.cy/en/business/record-surge-in-olive-oil-fraud-amid-rising-prices-of-liquid-gold
The European Union reported a record number of potential olive oil fraud and mislabeling cases in the first quarter of 2024, driven by inflationary pressures and a growing hidden market for the kitchen staple....
https://knews.kathimerini.com.cy/en/business/cyprus-ranks-second-in-eu-for-workers-unable-to-afford-vacations
Cyprus recorded the second-largest share of workers unable to afford vacations in 2022 among EU member states, with 25% of its workforce affected, according to an analysis of Eurostat data by the European Trade Union Confederation (ETUC)....
https://knews.kathimerini.com.cy/en/news/eu-plans-two-phase-trade-strategy-if-trump-wins-presidency
Brussels is developing a two-phase trade strategy in response to the potential nomination of Donald Trump in the upcoming U.S. presidential election in November....
https://knews.kathimerini.com.cy/en/news/greek-firms-fuel-business-expansion-across-cyprus
The investment climate in Cyprus has significantly improved since the crisis era of 2013, attracting substantial interest from Greek companies....
https://knews.kathimerini.com.cy/en/news/over-250-dogs-need-homes-after-tasmanian-breeder-closes
More than 250 labradoodles urgently need new homes after the RSPCA Tasmania shut down the state’s largest puppy breeder due to animal welfare concerns....
https://knews.kathimerini.com.cy/en/news/bomb-alert-shuts-down-euroairport-on-french-swiss-border
EuroAirport, located on the French-Swiss border in Alsace, was evacuated earlier today for security reasons, hours after sabotage disrupted the French rail network ahead of the Olympic Games' opening ceremony....
https://knews.kathimerini.com.cy/en/business/1-july-newsletter-of-k-treppides-co-ltd-cyprus-securities-and-exchange-commission
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....
https://knews.kathimerini.com.cy/en/news/cyprus-sees-surge-in-russian-tourism-despite-sanctions
Cyprus is witnessing a promising increase in Russian and Russian-speaking tourists despite the European Union's sanctions following Russia's 2022 invasion of Ukraine, which led to the suspension of direct flights between Cyprus and Russian airports....
https://knews.kathimerini.com.cy/en/news/cypriot-flag-bearer-faces-controversy-ahead-of-paris-olympics
The Cypriot athlete Elena Koulichenko, set to be the flag bearer for Cyprus at the upcoming Paris Olympics, has come under scrutiny following a Greek media report from eReportaz that has sparked reactions and controversy....
https://knews.kathimerini.com.cy/en/news/turn-your-land-or-roof-into-income-and-help-combat-climate-change
As the world grapples with the intensifying effects of climate change, marked by record-breaking temperatures from June 2023 onwards, the call to shift towards sustainable practices has never been more urgent....
