https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-posts-nearly-half-a-billion-euro-profit-in-2023
Bank of Cyprus reported a robust profit of €487 million for the fiscal year 2023, as announced by Group CEO Panicos Nikolaou during the presentation of the bank's financial results....
https://knews.kathimerini.com.cy/en/news/philippines-accuses-china-of-dumping-cyanide-into-disputed-scarborough-shoal
The Bureau of Fisheries and Aquatic Resources in the Philippines has accused Chinese fishing vessels of utilizing cyanide to harm the Scarborough Shoal, a contested atoll in the South China Sea, according to a report in Business Insider....
https://knews.kathimerini.com.cy/en/business/transforming-homes-into-energy-generators-one-wall-at-a-time
Imagine if you could turn your house walls into solar panels just by painting them – that's the idea behind solar paint. Unlike traditional solar panels, this high-tech paint contains tiny light-sensitive particles....
https://knews.kathimerini.com.cy/en/business/ecommbx-teams-up-with-nba-sensation-sasha-vezenkov-in-a-groundbreaking-partnership
In an electrifying announcement that has the sports and business worlds abuzz, ECOMMBX is thrilled to unveil NBA star Sasha Vezenkov as its new brand ambassador. This dynamic partnership marks a significant milestone in ECOMMBX's journey, symbolizing an era of unparalleled excitement and growth....
https://knews.kathimerini.com.cy/en/business/cyprus-and-greece-report-lowest-eu-foreign-investment
Eurostat's latest data sheds light on the intricate dynamics of foreign involvement in the European Union's economy.
...
https://knews.kathimerini.com.cy/en/news/trump-fined-$354-9-million-in-new-york-civil-fraud-trial
Former US President Donald Trump faces a hefty fine of $354.9 million (£281.6 million) following a civil fraud trial in New York. Including interest, he must pay at least $453.5 million (£359.9 million).
...
https://knews.kathimerini.com.cy/en/news/banks-urged-to-accelerate-loan-restructurings
The governor of the Central Bank has shed light on the strategy for restructuring Non-Performing Loans (NPLs) and navigating credit risk management....
https://knews.kathimerini.com.cy/en/business/safebulkers-inc-boosts-cypriot-fleet-with-modern-ships
In a strategic move to fortify the Cypriot flag, Safebulkers Inc., a prominent shipping company, has added two state-of-the-art vessels to its fleet....
https://knews.kathimerini.com.cy/en/news/biden-impeachment-talk-after-false-bribery-claim
A startling revelation shook the political landscape as Alexander Smirnov, an FBI informant, faced charges for concocting a multimillion-dollar bribery scheme implicating President Joe Biden and his son, Hunter, alongside a Ukrainian energy company. ...
https://knews.kathimerini.com.cy/en/news/cyprus-faces-€40m-setback-in-smart-meter-implementation
A €40 million allocation from the Recovery and Resilience Fund, earmarked for the purchase and installation of smart meters, is in jeopardy due to tight timetables....
https://knews.kathimerini.com.cy/en/business/pwc-cyprus-goes-100-renewable-sets-green-example
PwC Cyprus issued an announcement today, revealing that it has achieved a significant milestone in its quest for zero emissions. The electricity powering its operations in Nicosia and Limassol is now sourced entirely from renewable sources. ...
https://knews.kathimerini.com.cy/en/news/after-berengaria-comes-the-development-of-the-highlands
In recent months, work on the historic Berengaria Hotel in Prodromos, a €35 million project, has come to a standstill. But this is only temporary....
https://knews.kathimerini.com.cy/en/news/eu-radio-stats-30-000-jobs-€4b-revenue
About 30,000 persons were employed by radio broadcasting enterprises across the European Union in 2022, with these enterprises recording a net turnover......
https://knews.kathimerini.com.cy/en/news/tornado-strikes-limassol-leaves-trail-of-destruction
In the early hours of Wednesday, February 14th, shocking videos surfaced on social media, capturing the terrifying sight of a tornado ripping through the tranquil streets of Limassol. ...
https://knews.kathimerini.com.cy/en/news/ft-estonia-pm-on-russia-s-wanted-list
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-eu-turkey-relations-what-comes-next
Cyprus stands firm in its commitment to engage with Turkey within the European Union framework. However, it seeks to steer this engagement strategically to align with its national interests....
https://knews.kathimerini.com.cy/en/business/astrobank-residential-and-commercial-plots-land-for-sale
AstroBank is selling residential, as well as commercial plots in various areas of Cyprus in the districts of Nicosia, Larnaca, Famagusta, and Paphos....
https://knews.kathimerini.com.cy/en/business/4-february-newsletter-of-k-treppides-co-ltd-cysec
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries. ...
https://knews.kathimerini.com.cy/en/news/cyprus-to-roll-out-10-second-euro-transfers-across-banks
Over the next 18 months, Cyprus is poised to revolutionize money transfers, promising seamless transactions within 10 seconds from bank to bank....
https://knews.kathimerini.com.cy/en/news/controversial-las-vegas-on-the-mediterranean-plan-for-varosha-unveiled
A proposal to transform Varosha into a ''Las Vegas on the Mediterranean'' has surfaced, reportedly backed by a consortium of global billionaire businessmen, as revealed by the British newspaper Daily Express....
https://knews.kathimerini.com.cy/en/news/why-do-employees-say-no-to-promotions-insights-from-a-global-study
A significant question arises in modern workplaces: why would an employee decline a promotion when they are entirely content with their current role?...
https://knews.kathimerini.com.cy/en/news/minors-confess-to-vandalism-parents-clash-with-authorities
Two 16-year-old minors vandalized storefronts along Acropolis Avenue in the early hours of Wednesday (08/02), causing significant damage to the businesses involved....
https://knews.kathimerini.com.cy/en/business/3-february-newsletter-of-k-treppides-co-ltd-cysec
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....
https://knews.kathimerini.com.cy/en/business/government-courts-global-investors-in-ambitious-growth-push
In a bid to position Cyprus as an enticing destination for foreign investments, the President of the Republic addressed a gathering of over 100 foreign investors and companies at the Presidential Palace. ...
https://knews.kathimerini.com.cy/en/business/cabinet-moves-forward-with-plan-to-support-cyprus-entrepreneurs
Cyprus is gearing to set up a National Development Organisation which coupled with the Cyprus Equity Fund will promote entrepreneurship by covering financing gaps for small and medium-sized enterprises and start-ups, Minister of Finance Makis Keravnos said on Wednesday....
https://knews.kathimerini.com.cy/en/news/well-known-businessman-with-criminal-history-shot-dead-in-mandra
The charred body of a man believed to be Christos Gialias, a well-known businessman with ties to soccer was found in a vehicle in the West Attica suburb of Mandra on Wednesday afternoon, police have said....
https://knews.kathimerini.com.cy/en/news/government-to-receive-€1-2b-for-green-transition-and-resilience-plan
Cyprus is set to receive a total of 1.2 billion euros from the Recovery and Resilience Plan (RRP). ...
https://knews.kathimerini.com.cy/en/business/porsche-unleashes-powerhouse-taycan-with-enhanced-performance
Higher, faster, further and coming to Porsche Centres in the spring of 2024....
https://knews.kathimerini.com.cy/en/news/energy-minister-deliberates-potential-6-electricity-bill-increases
The Energy Minister, George Papanastasiou, addressed concerns about potential electricity bill hikes arising from the EAC's request to CERA to recover 6% of its 2024 expenses....
https://knews.kathimerini.com.cy/en/news/tenants-urge-parliament-for-fairness-amid-€150-to-€2-800-spikes
The Professional Committee for the Management of Turkish Cypriot Properties in Limassol has reported significant rent hikes for commercial assets....