https://knews.kathimerini.com.cy/en/business/eurobank-acquires-full-control-of-hellenic-bank
Eurobank has taken a significant step in consolidating its presence in Cyprus, announcing the acquisition of a controlling stake in Hellenic Bank, according to a report by Panyiotis Rougalas....
https://knews.kathimerini.com.cy/en/business/exxonmobil-and-qatar-energy-to-drill-two-new-wells-in-cyprus-offshore-gas-fields
ExxonMobil, in partnership with Qatar Energy, is planning to drill two more wells in Cyprus' offshore Blocks 5 and 10 early next year. ...
https://knews.kathimerini.com.cy/en/news/greek-workers-strike-over-rising-costs-and-low-wages
Greek workers are currently on strike today, Wednesday, causing disruptions at ports, and on buses and trains. The nationwide strike, which includes transport workers, doctors, teachers, and construction workers, is a protest against rising living costs and demands for higher wages....
https://knews.kathimerini.com.cy/en/business/50-million-luxury-shoppers-pull-back-as-market-slows
For the first time since the 2009 financial crisis, the luxury goods market is losing its shine. A whopping 50 million shoppers have stopped splurging on designer bags, watches, and other high-end items, according to Bain & Company’s latest report....
https://knews.kathimerini.com.cy/en/news/the-eurobasket-trophy-visits-ecommbx-offices
The Cyprus Basketball Federation and ECOMMBX held a joint press conference today (November 18) to mark their partnership and celebrate ECOMMBX as the ''6th Player'' of the Men’s National Basketball Team in its journey to EuroBasket 2025....
https://knews.kathimerini.com.cy/en/news/new-applications-for-startups-will-be-accepted-at-the-idea-innovation-center
New applications from talented entrepreneurs who have an innovative idea and are determined to turn it into a startup business are now being accepted by the IDEA Innovation Center of Bank of Cyprus until 14th February 2025....
https://knews.kathimerini.com.cy/en/business/sklavenitis-to-revamp-papantoniou-supermarkets-across-cyprus
In September 2025, the Sklavenitis Cyprus network will officially complete its acquisition of Papantoniou Supermarkets, a move that will significantly reshape the local retail landscape, according to Kathimerini's Dorita Yiannakou....
https://knews.kathimerini.com.cy/en/news/cyprus-anti-corruption-authority-s-major-investigations-near-completion
The Independent Anti-Corruption Authority of Cyprus is making waves as it tackles high-profile investigations into alleged corruption, including the controversial ''gold passports'' scheme, claims of a ''state mafia,'' and other issues....
https://knews.kathimerini.com.cy/en/life/sleigh-it-ain-t-so-cyprus-christmas-villages-are-back
If there’s one thing Cyprus knows how to do, it’s sprinkle a little extra holiday magic on everything. This year, eight traditional villages and towns are donning their holiday best, rolling out the welcome mat, ...
https://knews.kathimerini.com.cy/en/news/kalopanagiotis-and-pissouri-named-among-world-s-best-tourist-villages-for-2024
Two villages from Cyprus, Kalopanagiotis and Pissouri, have been recognized as among the best tourist destinations in the world for 2024 by the World Tourism Organization (UNWTO)....
https://knews.kathimerini.com.cy/en/news/aris-│-a-really-inspiring-story-is-looking-to-cultivate-new-stories-of-success
https://knews.kathimerini.com.cy/en/business/cyprus-floating-lng-unit-prometheus-finally-sets-sail-from-shanghai
After months of delays linked to the Vasilikos scandal, Cyprus' Floating Storage and Regasification Unit (FSRU) 'Prometheus' is finally set to leave Shanghai in early December. ...
https://knews.kathimerini.com.cy/en/news/florence-cracks-down-on-over-tourism-in-historic-city-center
As millions of tourists flood Italy’s historic cities, Florence is stepping up efforts to manage the pressures of overtourism. With concerns mounting that the high visitor volume threatens the city’s cultural heritage and livability, ...
https://knews.kathimerini.com.cy/en/news/lois-builders-slams-contract-termination-cites-mismanagement-and-delays
Lois Builders Ltd. has issued a statement in response to the recent termination of its contract for the Fishing Reserve and Liopetriou River project, calling the move ''unprecedented.''...
https://knews.kathimerini.com.cy/en/business/yet-another-contractor-get-axed-over-major-project-delays
Cyprus’s Ministry of the Interior has terminated the employment of the engineer and contractor for the Liopetri Fishing Shelter and River Restoration Project due to long-standing delays and unmet contractual obligations, according to an announcement by the ministry....
https://knews.kathimerini.com.cy/en/news/cyprus-intensifies-probe-into-ex-president-anastasiadis-in-golden-passports-scandal
The Independent Anti-Corruption Authority is intensifying its probe into former Cypriot President Nicos Anastasiadis about alleged corruption in the “golden passports” scheme, as detailed in journalist Makarios Drousiotis’s book 'Mafia State', Politis newspaper reported....
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-reports-€401-million-profit-surge
In the latest financial report, Bank of Cyprus has reported a solid profit of €401 million for the first nine months of 2024—a 15% jump from last year’s €349 million. ...
https://knews.kathimerini.com.cy/en/news/boc-finalizes-sale-of-troubled-loans-to-boost-stability-and-growth
In September 2024, the Bank of Cyprus reached a deal with funds linked to Cerberus Global Investments B.V. to sell a portfolio of non-performing loans—primarily business loans backed by collateral. ...
https://knews.kathimerini.com.cy/en/news/cyprus-police-enhance-financial-crime-fighting-with-fbi-training
Cyprus police are receiving specialized training to tackle financial crimes, including money laundering and sanctions evasion, with significant assistance from the U.S. Federal Bureau of Investigation (FBI)....
https://knews.kathimerini.com.cy/en/news/trump-administration-who-s-in-who-s-out
President-elect Donald Trump has officially named campaign co-chair Susie Wiles as White House chief of staff, marking the first appointment of his new administration....
https://knews.kathimerini.com.cy/en/news/eu-probes-€101-million-grant-in-vasilikos-project-and-cyprus-officials-role
The European Public Prosecutor's Office (EPPO) investigation into potential misconduct involving Cyprus's Vasilikos liquefied natural gas (LNG) terminal project, which received €101 million in EU funds, is advancing and is now in a critical phase, according to a report by APostolos Tomaras....
https://knews.kathimerini.com.cy/en/news/new-eu-tariffs-on-chinese-evs-slow-cyprus-shift-to-electric-cars
The European Union's new tariffs on electric vehicles (EVs) imported from China, reaching as high as 35.3%, are expected to significantly impact Cyprus' already slow-moving EV market, according to a report by Kathimerini's Dorita Yiannakou....
https://knews.kathimerini.com.cy/en/news/antibiotic-misuse-in-cyprus-fuels-deadly-resistance-surge
Cyprus ranks among European Union countries with the highest antibiotic consumption and microbial resistance rates, Health Minister Michalis Damianou said Friday at a news conference kicking off a campaign on antibiotic stewardship and antimicrobial resistance.
...
https://knews.kathimerini.com.cy/en/news/entries-for-2025-limassol-carnival-parade-open-november-12
Registration for the 2025 Limassol Carnival Grand Parade will open on Tuesday, November 12, from 8 a.m. to 2 p.m., the Limassol Municipality announced....
https://knews.kathimerini.com.cy/en/news/larnaca-and-paphos-airports-to-handle-17-5-million-passengers-annually
The deal to hand over Larnaca and Paphos airports to Hermes Airports Ltd is nearly sealed, as the company moves toward......
https://knews.kathimerini.com.cy/en/business/coffee-island-enters-india-sets-sights-on-multinational-growth
Coffee Island, the popular Greek coffee chain, is making waves in the global market with its first store opening in India, set for December in New Delhi....
https://knews.kathimerini.com.cy/en/news/cyprus-israel-power-study-to-conclude-by-early-2025
Subsea surveys for the Cyprus-Greece electricity interconnection project are advancing, with investment developments expected by year-end, ADMIE President and CEO Manos Manousakis announced at the 7th Athens Investment Forum.
...
https://knews.kathimerini.com.cy/en/news/conversation-series-at-the-bank-of-cyprus-cultural-foundation-with-bahces-histories-of-cyprus-x-cyprus-insula-exhibition
In the framework of the exhibition Cyprus Insula - History, Memory, Reality the Bank of Cyprus Cultural Foundation invites bαhçές Histories* of Cyprus, for a series of conversations on themes central the Cypriot insularity and modernity....
https://knews.kathimerini.com.cy/en/news/polls-close-in-key-us-battlegrounds-as-trump-secures-early-wins
Polls have closed in the U.S. presidential election, including in all seven crucial swing states, as results start to trickle in....
https://knews.kathimerini.com.cy/en/life/nicosia-s-paramythoupoli-set-to-open-bringing-holiday-magic-to-life
The holiday season is kicking off early in Nicosia as the city prepares to welcome visitors to its much-loved Christmas Fairytale Town at the D'Avila Moat. Running from November 15 through January 12, 2025, the event marks its 16th year with expanded attractions, new surprises, and an even more festive atmosphere....