https://knews.kathimerini.com.cy/en/business/eib-president-nadia-calvino-to-visit-cyprus-for-talks-and-office-opening
Nadia Calviño, the President of the European Investment Bank (EIB), is set to make her first official visit to Cyprus on Friday, November 22, where she will open the new EIB Group office and hold talks with Cypriot leaders....
https://knews.kathimerini.com.cy/en/news/pronomia-scheme-travel-benefits-for-125-lucky-contestants
The countdown to Christmas has begun, and Bank of Cyprus is getting its customers in the festive mood, in a special way. The ‘pronomia’ loyalty scheme will give 125 lucky winners the chance to travel and enjoy new, unique experiences....
https://knews.kathimerini.com.cy/en/news/italian-village-offers-€1-homes-to-americans-following-u-s-elections
The small village of Ollolai in Sardinia is making a bold appeal to Americans, who, as non-European Union citizens, are being given preferential treatment in its latest campaign to attract new residents....
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/news/cyprus-reunification-off-the-table-says-former-u-s-ambassador-warns-europe-not-to-rely-on-u-s
A statesman, a diplomat, and a patriot, John Koenig is the epitome of dedication to service and diplomacy. With a career spanning over three decades, he has served in pivotal roles across the globe, from his time as U.S. Ambassador to Cyprus from 2012 to 2015 to his earlier postings in Belgium, Greece, Indonesia, Italy, and the Philippines.
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https://knews.kathimerini.com.cy/en/business/laiki-bank-liquidator-raises-€90-8-million-for-depositor-compensation
According to a report by Panayiotis Rougalas in this Sunday's Kathimerini, the liquidator of the former Laiki Bank, Avgoustinos Papathomas, has achieved a key milestone in efforts to compensate creditors, particularly depositors who lost money during the bank’s 2013 collapse....
https://knews.kathimerini.com.cy/en/life/cyprus-red-cross-hosts-charity-brunch-tomorrow-at-11am
The Cyprus Red Cross - Limassol Branch is hosting a ''Charity Brunch of Love and Giving'' this Saturday, November 16, 2024, from 11:00 AM to 2:00 PM at the Gazebo Mare restaurant in Limassol....
https://knews.kathimerini.com.cy/en/news/dbrs-morningstar-cyprus-shows-strong-recovery-in-tackling-bad-loans
Cyprus is starting to see some positive shifts in its financial sector, particularly when it comes to tackling non-performing loans (NPLs) – loans that borrowers have stopped paying. ...
https://knews.kathimerini.com.cy/en/news/greek-real-estate-fourth-cheapest-in-europe-draws-foreign-buyers
The Greek real estate market has significant prospects for establishing itself as one of the main destinations for foreign home buyers, being the fourth cheapest in Europe....
https://knews.kathimerini.com.cy/en/business/bank-workers-union-sets-sights-on-big-move-in-bank-of-cyprus
Last Thursday, the Cyprus Bank Employees' Association (CBA) announced it had sold its shares in Hellenic Bank to Eurobank, but already, reports suggest ETYK, the Cyprus banking employees’ union, is eyeing its next investment....
https://knews.kathimerini.com.cy/en/business/14-real-estate-investment-opportunities-by-astrobank
AstroBank has listed for sale large residential fields across Cyprus that are ideal for investment purposes.
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https://knews.kathimerini.com.cy/en/news/trump-taps-elon-musk-to-lead-department-of-government-efficiency
In a move aimed at shaking up Washington, former President Donald Trump announced plans to appoint Elon Musk, the world’s wealthiest man, to head a new ''Department of Government Efficiency.''...
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/business/hel
Hellenic Bank and Cyprus bank workers' union ETYK have reached an agreement to fully implement their collective agreement, bringing an end to a prolonged dispute that caused uncertainty and disruption at the bank, according to a statement from ETYK....
https://knews.kathimerini.com.cy/en/news/frederick-university-to-offer-workshop-on-the-csrd-and-the-impact-of-esg-on-corporate-risk-and-financing
Frederick University's Department of Business Administration and the Centre for Research in Entrepreneurship, Finance, and Strategy (CERFS) are organizing a workshop on the Corporate Sustainability Reporting Directive (CSRD) and the impact of ESG (Environmental, Social, and Governance) on corporate risk and financing which will be held on Wednesday, November 27th, from 16:00 to 19:00, at Frederick University in Nicosia (Seminar Room 1 - 1st floor - 7, Y. Frederickou str., Pallouriotissa)....
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/1-series-of-events-moments-at-the-museum-24-at-the-bank-of-cyprus-cultural-foundation
The workshop, which will take place at the Foundation's Georgios and Nefeli Tziapra Pierides Archaeological Museum, is designed for young teens and adults and combines the imaginative realms of surrealism and cubism with practical creative practices....
https://knews.kathimerini.com.cy/en/news/police-investigate-€15-000-found-with-student-at-nicosia-high-school
A bizarre incident that took place at a Nicosia high school in late October, involving a student distributing money to his classmates, has captured public attention and is keeping police authorities busy as they investigate the source of the money....
https://knews.kathimerini.com.cy/en/news/fed-cuts-rates-by-0-25-economic-activity-expands-steadily
The Federal Reserve on Thursday cut interest rates by 0.25 percentage points for the second consecutive meeting, bringing the target range to 4.50% to 4.75%, as expected. The decision was unanimous....
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/us-embassy-in-london-hit-with-orange-paint-as-activists-decry-trump-win
British police arrested two men Wednesday after environmental activists sprayed orange paint on the U.S. embassy in south London to protest Donald Trump’s recent presidential victory....
https://knews.kathimerini.com.cy/en/business/hellenic-bank-reports-€284-4m-profit-for-2024
Hellenic Bank reported a profit of €284.4 million for the first nine months of 2024, up from €240.7 million in the same period last year....
https://knews.kathimerini.com.cy/en/news/online-scams-technology-is-evolving-let-s-stay-one-step-ahead
The Bank of Cyprus urges its customers and the public, in general, to be extra vigilant as fraudsters increasingly use advanced technology and AI to create highly convincing fraud scams with the ultimate purpose of deceiving the public....
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/business/13-real-estate-investment-opportunities-by-astrobank
AstroBank has listed for sale two large houses in Nicosia and Larnaca and other real estate that is ideal for investment purposes in Nicosia, Larnaca, and Paphos....
https://knews.kathimerini.com.cy/en/news/cyprus-watches-closely-as-u-s-election-stays-too-close-to-call
Cyprus has been on edge overnight, closely watching the unfolding U.S. presidential election. As vote counts continue in critical states, the race remains too close to call....
https://knews.kathimerini.com.cy/en/business/boc-fintech-hackathon-5-0-fintech-ideas-that-can-change-the-world
The number of registrations exceeded all expectations since more than 200 people and more than 25 teams participated....
https://knews.kathimerini.com.cy/en/news/cyprus-faces-2024-deadline-to-align-with-eu-regulations-on-foreign-investments
Cyprus faces a deadline by the end of 2024 to align with the European regulation governing large foreign investments....
https://knews.kathimerini.com.cy/en/business/tgi-fridays-files-for-bankruptcy-to-keep-brand-afloat
TGI Fridays, the American casual dining brand famous for its lively atmosphere and happy-hour tradition, has filed for Chapter 11 bankruptcy protection as it grapples with the lingering impacts of the COVID-19 pandemic....
