https://knews.kathimerini.com.cy/en/news/government-delays-decision-on-crete-cyprus-power-link
The government has delayed its decision on the Crete-Cyprus electricity interconnection project, despite tight time constraints, according to Kathimerini's Apostolos Tomaras. ...
https://knews.kathimerini.com.cy/en/news/kpmg-experience-day-a-unique-opportunity-for-university-of-cyprus-students
KPMG in Cyprus hosted the “KPMG Experience Day” on Wednesday, 4 September 2024, at its Nicosia offices. This event was designed for students from the University of Cyprus who are interested in learning more about KPMG and discovering what sets us apart in the professional services industry....
https://knews.kathimerini.com.cy/en/news/boc-fintech-hackathon-5-0-where-the-fintech-nation-begins
The Bank of Cyprus is organizing the 5th BoC Fintech Hackathon 5.0, focused on innovative technologies in the financial sector (Fintech), on October 18-20, 2024. It will be held in person at the IDEA Innovation Center....
https://knews.kathimerini.com.cy/en/news/inflation-slows-as-august-sees-small-price-increases
Inflation in Cyprus slowed down in August 2024, with prices rising by 1.5%, compared to a 2.11% increase in July. The Consumer Price Index (CPI), which measures the cost of living, went up slightly from 117.73 to 118.10....
https://knews.kathimerini.com.cy/en/business/additional-benefits-for-new-parents-at-lidl-cyprus
As of July 1, 2024, Lidl Cyprus proceeded with additional benefits for the new parents working for its group. ...
https://knews.kathimerini.com.cy/en/business/cyprus-unemployment-drops-by-8-9-in-august
The number of registered unemployed people in Cyprus dropped by 8.9% in August compared to the same month last year, according to data from the Statistical Service of Cyprus (CyStat). This marks a decrease of 1,177 people, bringing the total number of unemployed to 12,079....
https://knews.kathimerini.com.cy/en/business/tesla-unveils-feature-called-actually-smart-summon-or-ass-for-short
This feature was supposed to be available two years ago but faced several delays. The launch comes after Tesla switched to a system that relies only on cameras, which temporarily affected some of its driver-assist features....
https://knews.kathimerini.com.cy/en/news/cyprus-homebuyers-favor-apartments
Homebuyers in Cyprus are showing a growing interest in buying apartments, according to a new report. ...
https://knews.kathimerini.com.cy/en/news/christodoulides-backs-eurobank-s-big-move-into-india
President Nikos Christodoulides has shown strong support for Eurobank’s plan to expand into India, seeing it as a significant chance to boost business ties between Cyprus and one of the world's largest economies....
https://knews.kathimerini.com.cy/en/business/aegean-announces-a-€25m-investment-in-volotea
Aegean Airlines S.A. (''AEGEAN'') is pleased to announce an investment of €25M in Volotea S.L., one of Europe’s leading low-cost carriers based in Barcelona, Spain....
https://knews.kathimerini.com.cy/en/business/9-real-estate-investment-opportunities-by-astrobank
AstroBank is selling a commercial building in Strovolos and other commercial, residential and agricultural properties that are ideal investment opportunities in Nicosia, Limassol, Larnaca and Famagusta....
https://knews.kathimerini.com.cy/en/news/u-s-seizes-venezuelan-president-maduro-s-private-jet
The United States has seized a plane used by Venezuelan President Nicolás Maduro, citing violations of U.S. sanctions and other criminal activities....
https://knews.kathimerini.com.cy/en/news/eu-allocates-€39-5-million-for-turkish-cypriot-community
The European Commission on Tuesday approved the 2024 Annual Action Programme, granting €39.5 million to support the Turkish Cypriot community's socio-economic development and advance Cyprus' reunification efforts....
https://knews.kathimerini.com.cy/en/news/marios-demtriades-truth-and-justice-always-prevail
A lawsuit related to naturalizations under the Cyprus Investment Programme was filed on Friday at the Nicosia District Court, with former Minister of Transport, Communications, and Works, Marios Demetriades, among the defendants....
https://knews.kathimerini.com.cy/en/news/olympion-in-cyprus-joins-leading-k12-education-group-globeducate
Globeducate announces the acquisition of Education Group OLYMPION School (Εκπαιδευτικός Όμιλος ΟΛΥΜΠΙΟΝ) near Nicosia in Cyprus, a group of Greek private schools with nearly 450 pupils aged 6 to 18 across Gymnasium, Lyceum and, from September 2024, Elementary stages....
https://knews.kathimerini.com.cy/en/business/hellenic-bank-s-profits-surge-amid-higher-lending-rates
Hellenic Bank, Cyprus’ second-largest lender, has had a strong start to 2024, reporting a net profit of €189 million in the first half of the year—a solid 18% increase from last year. This boost in profit is mainly due to a 30% rise in interest income, driven by higher European Central Bank (ECB) interest rates....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-illusion-of-prosperity-as-unemployment-numbers-mask-realities
In its analysis, the Central Bank of Cyprus notes that in the first quarter of 2024, unemployment fell to 6%, the lowest level since 2009....
https://knews.kathimerini.com.cy/en/news/government-revenue-boosts-cyprus-surplus-to-€702-5-million
The Republic of Cyprus recorded a significant fiscal surplus of €702.5 million for the period of January to July 2024, according to preliminary General Government fiscal results, released on Friday by the Statistical Service of Cyprus....
https://knews.kathimerini.com.cy/en/news/police-under-investigation-after-bulgarian-in-paphos-killed-and-emergency-calls-ignored
Authorities are pursuing disciplinary action against four police officers following the brutal murder of 41-year-old Petya Krateva from Bulgaria, a resident of Paphos, allegedly by her former husband....
https://knews.kathimerini.com.cy/en/news/ayia-napa-marina-becomes-the-naming-sponsor-of-the-international-sea-tourism-festival-2024
We are delighted to announce that Ayia Napa Marina will be the Naming Sponsor of the International Sea Tourism Festival 2024 (ISTF). ...
https://knews.kathimerini.com.cy/en/news/lease-changes-spark-protests-among-refugees-at-mackenzie-beach
The Ministry of Interior's Action Plan to regulate Larnaca’s Mackenzie beachfront is encountering obstacles, particularly around issues of illegal activities and subletting by original leaseholders.
...
https://knews.kathimerini.com.cy/en/news/cyprus-banks-report-€164-7-million-deposit-increase-in-july
Total deposits in Cyprus’ banks recorded a net increase of €164.7 million in July 2024, compared with a net decrease of €44.1 million in June 2024, according to figures released on Wednesday by the Central Bank of Cyprus (CBC)....
https://knews.kathimerini.com.cy/en/news/cyprus-banks-to-engage-with-top-investors-in-london
The investment community is turning its focus to a major conference in London, set for late September, where several Cypriot banks will be represented....
https://knews.kathimerini.com.cy/en/news/august-sees-deadliest-week-on-cyprus-roads-in-2024
Cyprus has seen a troubling increase in road fatalities so far this year compared to the same period last year....
https://knews.kathimerini.com.cy/en/business/8-real-estate-investment-opportunities-by-astrobank
AstroBank is selling an unfinished commercial building in Strovolos and other commercial, residential and agricultural properties that are ideal investment opportunities in Nicosia, Famagusta, and Paphos....
https://knews.kathimerini.com.cy/en/news/royal-navy-s-hms-duncan-engages-in-maritime-exercise-with-cyprus
Royal Navy destroyer ΗΜS Duncan took part in a joint exercise with the Cyprus National Guard. A post on X posted on Monday by the UK High Commission in Cyprus said that last week, HMS Duncan took part in a joint exercise with the Cypriot National Guard to boost naval cooperation.
...
https://knews.kathimerini.com.cy/en/news/ecb-cuts-cypriot-bond-holdings-to-€6-38-billion
The value of Cypriot sovereign bonds held by the Eurosystem, as part of the Public Sector Purchases Programme (PSPP) and the Pandemic Emergency Purchases Programme (PEPP) declined to €6.38 billion......
https://knews.kathimerini.com.cy/en/news/government-s-solar-panel-scheme-attracts-6-000-applicants
The Energy Ministry expressed satisfaction on Saturday on the response its scheme ‘’photovoltaics for all’’ had among the consumers....
https://knews.kathimerini.com.cy/en/news/three-year-old-ejected-in-paphos-car-crash
A 32-year-old mother and her 3-year-old daughter were injured in a car accident over the weekend in Paphos.
...
https://knews.kathimerini.com.cy/en/news/russian-industrial-giants-warn-of-bankruptcy-amid-sanctions-impact
More than 20 major Russian industrial companies, including those in the construction, automotive, and household appliance sectors, have warned they are on the brink of bankruptcy and could halt operations. In a letter to Anton Alikhanov......
