https://knews.kathimerini.com.cy/en/news/france-first-country-to-ban-short-haul-flights
France has been given the green light to ban short-haul domestic flights. Specifically, between locations where there is a train alternative that takes less than 2.5 hours....
https://knews.kathimerini.com.cy/en/business/tying-up-loose-ends-at-hellenic
Hellenic Bank experienced several changes in 2022, as it closed outstanding issues while also opening new chapters. Hellenic Bank made changes to its top management, staff, shareholding composition, and labor issues in the fourth quarter of 2022, ...
https://knews.kathimerini.com.cy/en/business/ey-open-call-for-applications-for-the-women-fit-for-business-program-cyprus
AIPFE Cyprus-Women of Europe in collaboration with EY Cyprus and The Cyprus Institute of Marketing (CIM) will be launching the fourth round of the highly successful European initiative Women Fit for Business (WF4B) Cyprus in January 2023....
https://knews.kathimerini.com.cy/en/business/the-expansion-of-the-digital-economy-and-the-upcoming-exchange-of-information-and-tax-transparency-regimes
The exchange of information has been widely considered as a one of the most effective measures in tackling tax evasion and protecting the integrity of tax systems. ...
https://knews.kathimerini.com.cy/en/news/indonesia-unmarried-couples-could-face-jail-time-for-having-sex
The Indonesian parliament has unanimously approved strict new laws that will criminalize sex outside of marriage....
https://knews.kathimerini.com.cy/en/news/cyprus-scores-funds-for-euromed-tech-hub
The creation of the Euromed Tech Hub in Cyprus was unanimously decided last week by the Board of Directors of ANIMA Investment Network, a press release by Invest Cyprus says...
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-has-politics-become-a-seedy-business
Last Friday's plenary session of the Parliament was marred by the speech of the now-independent MP Andreas Themistocleous on the occasion of the passage of the law on sexual education in schools....
https://knews.kathimerini.com.cy/en/news/cyprus-to-extradite-chinese-national-in-fraud-case
A fugitive businessman in Cyprus will be handed over to Beijing in connection with a money fraud investigation, a move that challenges recent consensus across Europe against Chinese extradition requests, after the suspect’s lawyers gave their consent provided that Cypriot officials will be allowed to visit the defendant and sit in during court proceedings...
https://knews.kathimerini.com.cy/en/business/ftx-style-crypto-crash-won-t-happen-in-europe
The cryptocurrency world is reeling after the collapse of crypto exchange FTX — but EU policymakers are patting themselves on the back....
https://knews.kathimerini.com.cy/en/news/ict-specialists-crucial-as-80-of-companies-still-allow-remote-work
According to the results of the survey on information and communication technologies (ICT) usage and e-commerce in businesses in 2022, published on Thursday by the Cyprus Statistical Service, more than 80% of businesses with ten or more employees provided mobile devices with access to the internet and business email in 2022....
https://knews.kathimerini.com.cy/en/news/blabbermouth-cop-stirs-pot-in-domestic-violence-trial
An unusual arrangement between a police officer and his girlfriend in rural Nicosia, where the separated couple manage a farm together under a restraining order, took a sudden turn when the cop’s claims he had rekindled the relationship fell flat after admitting to an inquisitive judge that he did so by calling her on his mobile phone while in jail...
https://knews.kathimerini.com.cy/en/business/home-grown-cypriot-company-acquired-by-uk-entertainment-firm
Born out of their passion for theater, 'Stagedoor' was founded in 2014 by Yiannis Gavrielides (Invelopment Partners, Covve) and Paris Erotokritou (Fresh Target Theatre), along with Michael Hadjijoseph (Stagedoor CEO) and Alex Cican (Stagedoor CPO) who contributed their expertise in technology and product management. ...
https://knews.kathimerini.com.cy/en/news/lawyer-andreas-pittadjis-denies-all-charges-in-golden-passport-trial
Based on the findings of the Nicolatos Committee, the four defendants in the criminal case involving Al Jazeera news network reporting and the events surrounding the naturalization of foreign investors and businessmen were brought before the Nicosia Permanent Criminal Court....
https://knews.kathimerini.com.cy/en/business/€76-4m-profit-in-first-9-months-of-2022-for-hellenic
Hellenic Bank announced a profit of €76.4 million for the first 9 months of 2022. According to the Group Financial Results for the nine-month period, ...
https://knews.kathimerini.com.cy/en/news/lawyers-in-cyprus-oppose-backlog-regulations
Lawyers in the Republic Cyprus are planning a demonstration against regulations aimed at expediting backlogged court cases, amid efforts by the state to speed up one of the world’s slowest administration of justice...
https://knews.kathimerini.com.cy/en/business/cybarco-launches-its-podcast-destination-cyprus
Cybarco Development Ltd, the company behind landmark projects like The Oval, Limassol Marina and Trilogy Limassol Seafront, has launched a podcast dedicated to Cyprus. ...
https://knews.kathimerini.com.cy/en/business/€100-million-for-companies-affected-by-the-covid-pandemic
The European Commission has approved a 100 million euro Cypriot scheme to support companies and self-employed persons affected by the coronavirus pandemic, under the European Union’s State aid COVID Temporary Framework....
https://knews.kathimerini.com.cy/en/business/world-s-largest-crypto-exchange-platform-to-set-up-shop-in-cyprus
The FTX bankruptcy scandal a few weeks ago rocked the entire crypto world to its core, after its founder Sam Bankman-Fried, the "wonderboy" of the crypto trading world,...
https://knews.kathimerini.com.cy/en/business/exness-sponsors-the-first-ever-cyprus-tech-career-fair
Exness was the Platinum sponsor of the Cyprus Tech Career Fair that took place from November 24 until November 26 at the Cyprus International Fair. ...
https://knews.kathimerini.com.cy/en/news/economic-sentiment-in-cyprus-deteriorates-slightly-in-november
In November 2022, economic sentiment in Cyprus deteriorated slightly, as the Economic Sentiment Indicator decreased by 0.5 points compared with October 2022, according to the Business and Consumer Survey by the University of Cyprus...
https://knews.kathimerini.com.cy/en/news/candidates-continue-their-quest-for-votes-as-elections-draw-near
The pre-election campaign of the candidates for February's 2023 Presidential elections continued over the weekend with meetings and contacts in cities and communities on the island and abroad....
https://knews.kathimerini.com.cy/en/business/cyprus-improving-its-anti-money-laundering-compliance
Cyprus has recorded some progress in improving its level of compliance with Financial Action Task Force (FATF) standards on combating money laundering and the financing of terrorism,...
https://knews.kathimerini.com.cy/en/news/covid-protests-spreading-across-china
From Shanghai to Beijing, protests have erupted across China in a rare show of dissent against the ruling Communist Party sparked by anger over the country’s increasingly costly zero-Covid policy....
https://knews.kathimerini.com.cy/en/business/black-friday-see-how-the-annual-shopping-event-is-shaping-up-photos
On Thursday afternoon, sales began to increase significantly, particularly in shopping centers that benefited from favorable weather conditions, however, as of Friday morning, traffic appears to be somewhat subdued, at least in comparison to the corresponding images from 2019....
https://knews.kathimerini.com.cy/en/news/eu-struggles-with-russian-oil-price-cap
European Union governments remained split on Thursday over what level to cap Russian oil prices at to curb Moscow’s ability to pay for its war in Ukraine without causing a global oil supply shock, with more talks possible on Friday if positions converge...
https://knews.kathimerini.com.cy/en/business/small-number-of-banks-meeting-new-loan-demand
The net demand for loans from businesses in Cyprus decreased in the third quarter of 2022, and banks anticipate a similar decline in the net demand for loans from businesses and households in all loan categories in the fourth quarter of 2022 compared to the third quarter.
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https://knews.kathimerini.com.cy/en/news/north-detains-two-teens-on-counterfeit-spending-spree
Two Greek Cypriot teenagers accused of using fake money to make purchases in the north have been arrested by Turkish Cypriot police, while another man from the south was detained after cartridges were found in his vehicle...
https://knews.kathimerini.com.cy/en/news/ec-proposing-a-ceiling-of-275-euros-per-megawatt-hour-for-natural-gas
Energy Commissioner Kadri Simson announced at a press conference in Brussels yesterday that the European Commission is proposing to cap the price of natural gas at 275 euros per megawatt hour for next month's TTF contracts....
https://knews.kathimerini.com.cy/en/business/european-institute-of-management-and-finance-establishes-the-centre-of-good-governance
Considering the need to tackle weak and precarious governance structures evident in both private and public entities, the European Institute of Management and Finance (EIMF) has established the Centre for Good Governance (CGG) in an effort to enhance governance at all levels and in all fields. ...
https://knews.kathimerini.com.cy/en/business/the-visionary-leader-of-pafilia-wins-at-the-prestigious-bank-of-cyprus-man-of-the-year-awards
Pafilia founder and CEO, Mr Elias Eliades has been awarded a prestigious honor at the 21st Bank of Cyprus MAN OF THE YEAR Awards, with the title of Best Manager / Entrepreneur....