https://knews.kathimerini.com.cy/en/business/4-real-estate-investment-opportunities-by-astrobank
AstroBank has listed for sale a large residential/commercial field in Peyia as well as other properties that are ideal investment opportunities in Paphos, Famagusta and Nicosia....
https://knews.kathimerini.com.cy/en/news/cyprus-and-us-tighten-ties-visa-free-travel-and-arms-deals-on-the-horizon
According to a report written by Yiannis Ioannou, the consolidation of Cyprus-US strategic cooperation and the conclusion of a strategic dialogue agreement have significantly deepened Cypriot-US relations at a critical time,...
https://knews.kathimerini.com.cy/en/news/bbf-announces-the-full-sale-of-four-class-a-business-centers-in-cyprus-in-the-past-12-months
BBF, Limassol’s top luxury residential developer, successfully sold out four Class A office buildings within the last year. Spanning a total area of approximately 20,000 sq. m., the full sale of bbf: latitude, bbf: liberty, bbf: benchmark, and bbf: summit solidifies BBF’s position as a leading name in Cyprus's commercial real estate market as well....
https://knews.kathimerini.com.cy/en/news/protesters-paint-stonehenge-taylor-swift-jet-not-present-at-airport
Environmental activists from the group Just Stop Oil have sparked widespread condemnation after a series of disruptive protests within 24 hours....
https://knews.kathimerini.com.cy/en/news/cyprus-highlights-its-tech-opportunities-at-london-tech-week
The Ministry of Energy, Commerce and Industry, alongside the Cyprus Trade Centre in London, represented Cyprus at the ''London Tech Week'' exhibition, held from June 10-12, 2024, at the Olympia Exhibition Center....
https://knews.kathimerini.com.cy/en/news/government-extends-subsidies-to-ease-cost-of-living-crisis
The Cabinet approved a proposal on Wednesday by Finance Minister Makis Keravnos to extend measures aimed at compensating for the living costs of Cypriot households. Government Spokesperson Konstantinos Letymbiotis announced the decision following the Cabinet meeting....
https://knews.kathimerini.com.cy/en/news/unesco-recognizes-larnaca-as-cyprus-first-tsunami-ready-city
Larnaca is set to become the first coastal city in Cyprus to implement an early warning system and tsunami evacuation plan...
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https://knews.kathimerini.com.cy/en/news/lifeguard-bans-blacks-from-occupied-area-s-beach
A controversy has ignited at Kymides Beach in the occupied areas, sparked by a lifeguard's discriminatory social media post outlining restrictive rules targeting specific nationalities and races....
https://knews.kathimerini.com.cy/en/news/standard-poor-s-upgrades-bank-of-cyprus-rating
Standard & Poor’s (S&P) has upgraded Bank of Cyprus’ long-term issuer rating to BB+, just one notch below investment-grade status, and assigned a positive outlook. This comes shortly after the upgrade of Cyprus’ long-term rating to BBB+, also with a positive outlook....
https://knews.kathimerini.com.cy/en/news/transport-minister-vafeades-calls-for-fair-climate-laws-in-shipping
Transport Minister Alexis Vafeades spoke of the need to prevent the side effects of legislation to tackle climate change on the shipping sector and ports, during discussions in the Transport Council of the EU held on Tuesday in Luxembourg....
https://knews.kathimerini.com.cy/en/news/pwc-cyprus-is-strengthened-with-new-partners
As PwC Cyprus continues its successful re-invention and shift to a new business model, fit and relevant for the new market conditions and opportunities, ...
https://knews.kathimerini.com.cy/en/news/cyprus-to-sell-1-billion-bond-after-improved-credit-ratings
The Republic of Cyprus is expediting its return to the financial markets, seeking to leverage recent credit rating upgrades by Fitch and Standard & Poor's......
https://knews.kathimerini.com.cy/en/news/chevron-frederick-university-offer-scholarships-for-female-engineers
Frederick University and Chevron are announcing three full scholarships for the academic year 2024-25 for new female students who will enrol in any of the undergraduate programs of study of Frederick University’s School of Engineering in the academic year 2024-25....
https://knews.kathimerini.com.cy/en/news/cbc-projects-3-gdp-growth-in-2024
The Central Bank of Cyprus has revised its 2024 forecast for GDP growth to 3%, from 2.8% that was expected last March, mainly due to the upward revision of domestic demand, while it maintained its forecast for growth in the years 2025 and 2026, at 3.1% and 3.2%, respectively....
https://knews.kathimerini.com.cy/en/news/ft-biden-eases-path-to-citizenship-for-500-000-undocumented-spouses
President Joe Biden is set to announce a major reform to U.S. immigration policy, offering up to 500,000 undocumented spouses of American citizens an easier path to legal status and U.S. citizenship. ...
https://knews.kathimerini.com.cy/en/news/cyprus-labour-costs-increase-by-4-9
Cyprus has reported a 4.9% rise in hourly labour costs (total cost) during the first quarter of 2024 compared to the same period last year, according to data released on Monday by the Statistical Service of Cyprus.
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https://knews.kathimerini.com.cy/en/news/union-fears-lower-language-standards-risk-patient-health
The Union of Public Employees - PASYDY is worried about plans to make it easier for nurses and midwives to get licensed to work in Cyprus....
https://knews.kathimerini.com.cy/en/news/small-homeless-communities-pop-up-in-us-cities
In a dreary part of downtown Atlanta, shipping containers have been transformed into an oasis for dozens of previously unsheltered people who now proudly call a former parking lot home....
https://knews.kathimerini.com.cy/en/news/zelenskyy-praises-cyprus-aid-at-international-peace-summit
President of Ukraine, Volodymyr Zelenskyy, has expressed gratitude to Cyprus for all the assistance provided to his country....
https://knews.kathimerini.com.cy/en/news/farmakas-wildfire-linked-to-eac-equipment-failure
A fire that ravaged 3.2 square kilometers in Farmakas was determined to have been sparked by a short circuit in an EAC transformer, according to statements from both the Fire Service and EAC officials....
https://knews.kathimerini.com.cy/en/news/cyprus-achieves-€600-million-fiscal-surplus-in-q1-2024
Cyprus generated a fiscal surplus close to €600 million in the first quarter of 2024, marking an increase of 58% year on year, driven by the rise in state revenue which exceeded the rise in spending....
https://knews.kathimerini.com.cy/en/news/ministry-takes-action-against-illegal-dumping-sites-fueling-fires
The big fire in Paphos has exposed some major issues: not only were the firefighting resources inadequate, but it also showed the government's long-standing negligence regarding illegal fires. ...
https://knews.kathimerini.com.cy/en/news/frederick-university-is-once-again-the-best-performing-university-in-cyprus-in-the-times-higher-education-impact-rankings
With a total of 2,152 institutions from all over the world participating in the Times Higher Education Impact Rankings 2024, Frederick University has been placed among the top 201-300 universities for the second consecutive year....
https://knews.kathimerini.com.cy/en/news/job-vacancies-in-cyprus-increase-by-7-3-in-q1-of-2024
Job vacancies in Cyprus rose by an annual 7.3% in the first quarter of 2024 whereas they rose by almost 10% compared with the fourth quarter of 2023....
https://knews.kathimerini.com.cy/en/news/us-and-uk-universities-slip-in-global-rankings
MIT continues to dominate the QS World University Rankings for the 13th year in a row. The latest rankings, which measure both job prospects and sustainability, show Imperial College London jumping to the second spot. ...
https://knews.kathimerini.com.cy/en/news/russian-assets-to-fund-ukraine-s-defense-against-russia
Leaders of the Group of Seven nations have struck a landmark agreement to extend a $50 billion loan to Ukraine, funded by interest earned on Russia’s immobilized central bank assets....
https://knews.kathimerini.com.cy/en/news/€102-3m-spent-on-275-000-people-trained-on-30-500-programs
In the last five years, 275,000 people participated in 30,500 training programmes of the Human Resource Development Authority of Cyprus (HRDA) and the total expenditure reached to 102.3 million euro,...
https://knews.kathimerini.com.cy/en/news/banks-blame-high-interest-rates-for-decline-of-new-loans
Loan demand continued to fall in the first quarter of 2024, with banks blaming high interest rates for the decline. ...
https://knews.kathimerini.com.cy/en/news/agency-reports-strong-start-to-2024-continues-paying-off-state-debt
KEDIPES, Cyprus' state-owned asset management agency, announced a €144 million cash inflow for the first quarter of 2024. The agency also made a €140 million repayment to the state, bringing the total repayment to €1.3 billion since it started in September 2018....
https://knews.kathimerini.com.cy/en/news/ayia-napa-mayor-faces-trial-for-alleged-forgery-and-fraud
Re-elected Mayor of Ayia Napa, Christos Zanettou, is set to appear before the Criminal Appeals Court. ...