https://knews.kathimerini.com.cy/en/business/cyprus-tourism-hits-new-highs-october-sets-record
Tourism in Cyprus continues to shine in 2024, with arrivals nearing 3.73 million between January and October, marking a 4.6% annual increase. This figure also slightly surpasses the same period in 2019, a record-breaking year for Cypriot tourism, showing a 0.81% rise....
https://knews.kathimerini.com.cy/en/news/greece-intelligence-declassifies-reports-on-1974-coup-and-turkish-invasion
The National Intelligence Service of Greece (EYP) has released declassified documents detailing the events surrounding the 1974 Greek-led coup in Cyprus and the subsequent Turkish invasion,...
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/fired-paphos-polis-road-contractor-wants-€35-million-payout
The Cyprus government has formally terminated its contract with Intrakat, a Greek construction company, for the long-awaited Paphos-Polis Chrysochous motorway, citing severe delays and excessive demands from the contractor....
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/news/lidl-cyprus-gives-new-life-to-fruit-and-vegetables-with-the-choose-me-bag
With a new initiative, Lidl Cyprus invites all its customers to choose the "Choose me" bag and help reduce food waste, while saving money on their daily purchases....
https://knews.kathimerini.com.cy/en/news/akamas-road-project-delayed-again-as-investigation-continues
Decisions on key issues surrounding Akamas—particularly potential disciplinary proceedings for the first phase of the road network and the resumption of related work—are running behind schedule....
https://knews.kathimerini.com.cy/en/news/euronet-remains-only-bidder-in-delayed-jcc-payment-systems-sale
The process for the sale of JCC Payment Systems, which began confidentially over the summer, appears to have hit a "snag," with Euronet as the only prospective buyer.
...
https://knews.kathimerini.com.cy/en/business/cyprus-to-launch-national-sanctions-unit
Cyprus is set to establish a new National Sanctions Implementation Unit (NSIU) in the coming year, aiming to improve how financial sanctions are enforced in the country....
https://knews.kathimerini.com.cy/en/news/kapopoulos
Kapopoulos Auction House will present a live auction of Artworks at the Ajax Hotel in Limassol on Wednesday, November 6 at 7:30 p.m....
https://knews.kathimerini.com.cy/en/news/turkish-exile-fethullah-gulen-erdoğan-s-rival-dies-at-83
Fethullah Gülen, the Turkish scholar and preacher accused by Ankara......
https://knews.kathimerini.com.cy/en/news/bank-profits-in-crosshairs-as-tax-talks-heat-up
The future of a special tax on bank deposits paid to the state may be heading for a shift, though a final decision is not guaranteed. ...
https://knews.kathimerini.com.cy/en/news/cbc-top-savings-interest-rate-in-cyprus-hits-2-45
In August 2024, the Central Bank of Cyprus reported that the highest interest rate for term deposits of up to one year for households reached 2.45%. ...
https://knews.kathimerini.com.cy/en/news/2-000-year-old-skeletons-found-beneath-petra-s-treasury
Archaeologists have uncovered a significant discovery beneath Petra's famed Treasury in Jordan, revealing a tomb with at least 12 human skeletons and artifacts dating back more than 2,000 years. ...
https://knews.kathimerini.com.cy/en/news/fidias-panayiotou-s-kyrenia-visit-sparks-outrage
According to Marina Economidou in Sunday's Kathimerini, Cypriot MEP Fidias Panayiotou has sparked a heated debate after visiting Kyrenia and staying at a hotel-casino, dividing public opinion into two camps: supporters and critics....
https://knews.kathimerini.com.cy/en/news/new-app-teaches-teens-money-management
As technology continues to evolve, digital currency is becoming an increasingly integral part of modern life, making daily transactions easier, faster, and more accessible....
https://knews.kathimerini.com.cy/en/news/olive-oil-and-potato-prices-surge-in-cyprus-by-over-50
Olive oil and potatoes saw the largest annual price increases in September 2024, surging by 61.3% and 57.7% respectively, according to data from the Cyprus Consumer Association....
https://knews.kathimerini.com.cy/en/news/property-sales-in-cyprus-hit-€20-9m-in-august-limassol-leads-with-€5-4m-home
The 10 most expensive property sales across Cyprus in August totaled €20.9 million, with the highest transaction being a house in Ayios Tychonas, Limassol, sold for €5.4 million, according to data from Ask Wire....
https://knews.kathimerini.com.cy/en/news/inflation-slows-to-0-7-in-september-due-to-falling-oil-prices
Inflation hit a three-year low due to the fall in oil prices in September 2024, rising at a rate of 0.7%, according to data released by the Statistical Service on Thursday. The Consumer Price Index (CPI) in September 2024 increased by 0.38 units to 118.48 units compared to 118.10 units in August 2024....
https://knews.kathimerini.com.cy/en/news/cyprus-banks-hike-mortgage-rates-as-new-loans-drop-by-a-third-in-august
Banks in Cyprus raised the interest rates on home loans in August, while reducing the interest rates offered on household deposits, according to data released by the Central Bank of Cyprus on Wednesday....
https://knews.kathimerini.com.cy/en/news/china-s-electric-vehicle-sales-plummet-in-europe-amid-eu-tariffs
Chinese automakers are seeing a sharp decline in electric vehicle (EV) sales across Europe, with sales figures dropping to their lowest in the past 18 months. ...
https://knews.kathimerini.com.cy/en/news/larnaca-airport-checks-98-of-passengers-in-under-10-minutes
During the months of July and August, 98.9% and 97.8% of passengers, respectively, have been served at security checks in less than 10 minutes, at Larnaca airport while at the passport control points at departures......
https://knews.kathimerini.com.cy/en/news/cyprus-banks-have-€28-7-billion-in-cash-and-liquidity
The amount of liquidity in Cyprus's banking system rose to €28.7 billion in August 2024, according to the Central Bank of Cyprus (CBC). This increase was fueled by a growth in deposits alongside a decline in loans....
https://knews.kathimerini.com.cy/en/news/cypriots-flock-to-greece-and-europe-for-october-holidays
In a report by Kathimerini's Anna Polyviou, it seems that Cypriots are already planning their next leisure trips for the 1st and 28th of October, with many taking advantage of the extended weekends for short getaways abroad....
https://knews.kathimerini.com.cy/en/news/convicted-murderer-still-at-large-17-years-after-prison-escape
Seventeen years after escaping from Cyprus' Central Prison, convicted murderer Panagiotis Netzati remains on the run, with his name still listed on Interpol’s most-wanted list....
https://knews.kathimerini.com.cy/en/news/cyprus-inflation-falls-to-2-2-in-august
Inflation in Cyprus dropped to 2.2% in August, down from 2.4% in July, matching the overall trend in the eurozone. Across the EU, inflation also fell to 2.4%, compared to 2.8% the previous month, according to Eurostat. A year ago, inflation rates were higher, with Cyprus at 3.1% and the eurozone at 5.2%....
https://knews.kathimerini.com.cy/en/news/electric-cars-outnumber-petrol-cars-in-norway-for-the-first-time
Norway has made history by becoming the first country where electric vehicles (EVs) now outnumber petrol cars. ...
https://knews.kathimerini.com.cy/en/news/aphrodite-gas-project-moves-to-new-phase-of-talks-from-january-2025
Chevron and the Republic of Cyprus have agreed to enter a four-month negotiation period to finalize plans for the development of the ‘Aphrodite’ gas field in Block 12 of Cyprus’ Exclusive Economic Zone (EEZ).
...
https://knews.kathimerini.com.cy/en/news/three-arrested-in-dhekelia-for-illegal-bird-trapping-raid
Three men were arrested in the Dhekelia area on Monday morning after a Sovereign Base Area Police anti-bird trapping raid discovered them in an orchard using active mist nets....
https://knews.kathimerini.com.cy/en/news/michalis-louis-appointed-ceo-of-hellenic-bank
Michalis Louis has been appointed as the new Chief Executive Officer of Hellenic Bank Public Company Limited at the Annual General Meeting of the Shareholders of the Bank, with immediate effect, according to a decision taken by the Board of Directors of the bank......
