https://knews.kathimerini.com.cy/en/business/aegean-announces-a-€25m-investment-in-volotea
Aegean Airlines S.A. (''AEGEAN'') is pleased to announce an investment of €25M in Volotea S.L., one of Europe’s leading low-cost carriers based in Barcelona, Spain....
https://knews.kathimerini.com.cy/en/business/hellenic-bank-s-profits-surge-amid-higher-lending-rates
Hellenic Bank, Cyprus’ second-largest lender, has had a strong start to 2024, reporting a net profit of €189 million in the first half of the year—a solid 18% increase from last year. This boost in profit is mainly due to a 30% rise in interest income, driven by higher European Central Bank (ECB) interest rates....
https://knews.kathimerini.com.cy/en/news/government-revenue-boosts-cyprus-surplus-to-€702-5-million
The Republic of Cyprus recorded a significant fiscal surplus of €702.5 million for the period of January to July 2024, according to preliminary General Government fiscal results, released on Friday by the Statistical Service of Cyprus....
https://knews.kathimerini.com.cy/en/news/the-cypriot-hill-station
"Next Thursday, His Excellency the High Commissioner will depart from here with his family to go to his residence in Troodos for a vacation."(June 25, 1910). ...
https://knews.kathimerini.com.cy/en/news/russia-opposes-turkish-naval-base-plans-in-occupied-cyprus
Russia has expressed opposition to the militarization of the Eastern Mediterranean and supports a viable and just resolution to the Cyprus issue, as well as agreements that prevent any air connections with the Turkish-occupied areas, according to Yuri Pilipson......
https://knews.kathimerini.com.cy/en/news/power-issue-may-have-sparked-deadliest-wildfire-in-greece
Investigators suspect a faulty power cable may have caused Greece’s worst wildfire this year, said sources close to a probe over the blaze that killed one woman and torched 10,000 hectares near Athens, covering a total area about the size of Paris....
https://knews.kathimerini.com.cy/en/news/ukrainian-forces-push-30km-into-russia-in-deepest-incursion-of-the-war
Ukrainian forces have advanced up to 30 kilometers into Russian territory, marking the most significant incursion since Moscow launched its full-scale invasion of Ukraine in February 2022....
https://knews.kathimerini.com.cy/en/news/cyprus-ready-to-help-greece-as-massive-wildfire-threatens-athens
Cyprus is prepared to assist Greece as a major wildfire rages northeast of Athens, causing significant disruption and damage. The Cyprus Fire Service, led by Chief Fire Officer Nikos Longinos, is in close contact with Greek officials, including Lieutenant General Theodoros Vagias of the Greek Fire Brigade, to coordinate potential support efforts....
https://knews.kathimerini.com.cy/en/news/iraqi-teen-detained-in-vienna-over-alleged-taylor-swift-concert-attack-plot
Austrian authorities have detained an 18-year-old Iraqi national in connection with a suspected plot to attack a Taylor Swift concert in Vienna, according to Austria's Interior Minister, Gerhard Karner. ...
https://knews.kathimerini.com.cy/en/business/eurobank-completes-takeover-of-hellenic-bank
Eurobank S.A., a subsidiary of Eurobank Ergasias Services and Holdings S.A., has successfully completed its mandatory takeover bid for Hellenic Bank Public Company Limited. ...
https://knews.kathimerini.com.cy/en/news/central-bank-revises-gdp-growth-to-3
The Central Bank of Cyprus (CBC) made a conservative upward revision to the GDP growth rate for 2024, by 0.2 percentage points, to 3%......
https://knews.kathimerini.com.cy/en/business/cypriot-banks-show-resilience-amid-challenges-reports-central-bank-governor
Despite the continuous challenges, the Cypriot banking system continues to register a positive course, which is reflected in the main supervisory indicators, Governor of the Central Bank of Cyprus (CBC), ...
https://knews.kathimerini.com.cy/en/news/children-to-craft-their-own-play-inspired-by-nicosia-s-history
The Nicosia International Festival 2024, which actively participates in Nicosia’s candidacy for the European Capital of Culture 2030, is developing its theatrical co-creation workshop "Exploring the Theatre", with the support of the Leventis Municipal Museum of Nicosia....
https://knews.kathimerini.com.cy/en/news/hamas-calls-for-day-of-furious-rage-following-leader-s-death
Palestinian militant group Hamas has called for a "day of furious rage" on Friday, coinciding with the burial of its slain leader Ismail Haniyeh in Qatar....
https://knews.kathimerini.com.cy/en/news/eurobank-cyprus-reports-€105-7m-net-profit-for-h1-2024
Eurobank Cyprus reported a net profit of €105.7 million for the first half of 2024, marking a 16% increase, or €14.9 million, compared to the same period in 2023....
https://knews.kathimerini.com.cy/en/business/wizz-air-now-flies-from-larnaca-to-cairo
Wizz Air the most environmentally sustainable airline globally1, is excited to announce a new route from Larnaca to Cairo. Starting on October 29, the new route will operate three times a week, on Tuesdays,...
https://knews.kathimerini.com.cy/en/news/from-sleepy-fishing-village-to-clubbing-capital
In the 1990s, Ayia Napa, a serene fishing village in Cyprus, underwent a remarkable transformation into one of the world's premier clubbing destinations. This metamorphosis is attributed to the pioneering efforts of DJ Nick Power, who earned the title "godfather of Ayia Napa."...
https://knews.kathimerini.com.cy/en/news/cyprus-government-rakes-in-over-€424m-in-surpluses-this-year
Cyprus has reported a substantial budget surplus of €424.5 million for the first half of 2024, a huge increase from the €62 million surplus during the same period last year. ...
https://knews.kathimerini.com.cy/en/news/greek-firms-fuel-business-expansion-across-cyprus
The investment climate in Cyprus has significantly improved since the crisis era of 2013, attracting substantial interest from Greek companies....
https://knews.kathimerini.com.cy/en/news/philippine-tanker-sinks-spilling-1-500-tons-of-fuel
A marine tanker carrying industrial fuel sank in rough seas off the Philippines on Thursday, causing a large oil spill as coast guard rescuers searched for a missing crew member, officials said....
https://knews.kathimerini.com.cy/en/news/cyprus-commemorates-half-a-century-since-turkish-invasion
Half a century has passed since the tragic morning of July 20, 1974, when Turkish forces invaded Cyprus, marking the start of a prolonged period of death, destruction, and occupation that persists to this day. ...
https://knews.kathimerini.com.cy/en/news/soaring-insurance-costs-push-global-shipping-rates-up-233
Global trade has faced immense pressure since last October when the war in the Near East erupted following the terrorist attack by the Palestinian group Hamas against Israel. ...
https://knews.kathimerini.com.cy/en/news/fifteen-days-left-to-decide-on-eurobank-s-offer
Hellenic Bank shareholders have less than 15 days to decide whether to sell their shares to Eurobank, which has made a takeover offer of 2.56 euros per share. The offer, initiated at the start of the month, has a four-week deadline, shorter than the maximum eight weeks allowed....
https://knews.kathimerini.com.cy/en/news/turkey-condemns-greek-minister-s-remarks-on-cyprus-anniversary
Turkey has reacted to comments made by Greek Defense Minister Nikos Dendias during his visit to Cyprus on Monday, marking the 50th anniversary of the 1974 coup that overthrew the government of then-president Archbishop Makarios and paved the way for the Turkish invasion of the Mediterranean island....
https://knews.kathimerini.com.cy/en/business/yet-another-delay-in-nicosia-perimeter-road-triggers-penalties
CyField, the company responsible for constructing Nicosia's perimeter motorway, is bein genalized €5,500 as of today, July 16. The Transport Minister, Alexis Vafeadis, confirmed this development during an interview with SPOR FM 95.00's ''Diaspora News.''...
https://knews.kathimerini.com.cy/en/news/cyprus-and-greece-commit-to-eastern-med-security
Defence Minister Vasilis Palmas stressed the joint commitment of Cyprus and Greece to make every possible effort to maintain peace, security, stability and cooperation in the Eastern Mediterranean......
https://knews.kathimerini.com.cy/en/news/cyprus-seeds-sparks-an-innovation-revolution
Exciting things are happening in Cyprus as Cyprus Seeds wraps up its third cycle of innovation, highlighted by a lively event at the Reflect Festival in Limassol. ...
https://knews.kathimerini.com.cy/en/news/spain-wins-euro-2024-final-against-england
In a showdown at Berlin's Olympiastadion, England's hopes of ending 58 years of footballing heartache were dashed by Spain in the Euro 2024 final....
https://knews.kathimerini.com.cy/en/business/cyprus-ranks-among-top-innovators-in-europe
Among the best-performing countries in terms of innovation between 2023 and 2024 is Cyprus, according to the latest European Commission data....
https://knews.kathimerini.com.cy/en/business/cyprus-banks-receive-upgrades-signal-economic-resilience
In a series of significant upgrades for Cypriot banks, Fitch Ratings has elevated the Bank of Cyprus and Hellenic Bank's credit ratings, underscoring a positive trajectory for the country's financial sector, according to a report by Panayiotis Rougalas in this Sunday's Kathimerini....
