https://knews.kathimerini.com.cy/en/business/cyprus-tourism-rebounds-despite-lack-of-russian-tourists
Beside sparkling Mediterranean waters at the Cypriot resort town of Ayia Napa, the bars are bouncing with foam dance parties as tourist numbers rebound following two tough years of the pandemic....
https://knews.kathimerini.com.cy/en/news/russia-sending-money-to-turkey-for-the-$20-billion-akuyo-nuclear-plant
A Russian state-owned company is transferring money to a subsidiary that’s building a $20 billion nuclear power plant on Turkey’s Mediterranean coast, alleviating concerns the project could be delayed by war sanctions....
https://knews.kathimerini.com.cy/en/news/cyprus-chevron-aphrodite-tactics-irk-israel
A gas field dispute between Cyprus and Israel over a tiny portion, with which the island nation hopes to buy out its neighbor, went in deep water this week after Nicosia and Chevron preannounced plans for Aphrodite despite a decade-long unresolved issue still pending between the two nations...
https://knews.kathimerini.com.cy/en/business/k-treppides-co-ltd-benefits-in-kind
There are a number of commercial benefits that come with registering the property in the name of a legal entity rather than as an individual e.g. for asset protection purposes as it provides protection against personal insolvency since a property that is in the name of a legal entity should not be affected should the individual becomes personally insolvent....
https://knews.kathimerini.com.cy/en/business/cyprus-gas-discoveries-boosted-by-eu-s-shift-from-russia-supplies
The European Union’s drive to slash reliance on Russian natural gas is boosting the strategic importance of finds in Cyprus, the country’s energy minister said....
https://knews.kathimerini.com.cy/en/business/consulco-s-london-credit-fund-keeps-making-4-p-a-for-its-euro-investors
Consulco’s London Credit Fund has been reaching and exceeding its annualized target return of 4,00% on Euro since its inception. ...
https://knews.kathimerini.com.cy/en/news/ecb-raises-interest-rates-5-with-further-rate-hikes-on-the-horizon
The European Central Bank (ECB) increased interest rates by more than expected on Thursday, raising its benchmark deposit rate by 50 basis points to zero percent, impacting the Cyprus banking system and local borrowers....
https://knews.kathimerini.com.cy/en/business/ecommbx-earns-great-place-to-work®-certification
ECOMMBX is proud to announce that it has earned the coveted Great Place to Work® Certification with flying score, which is likely to be among the top – if not the highest – scores for this year....
https://knews.kathimerini.com.cy/en/business/medicover-awarded-at-the-10th-invest-cyprus-international-investment-awards
Medicover was honoured at the prestigious 10th Invest Cyprus International Investment Awards, which recognize foreign companies, individuals, and investors for their contribution to the country’s economy....
https://knews.kathimerini.com.cy/en/business/foreclosures-suspended-until-the-end-of-october-2022
The Cyprus Parliament on Thursday passed a bill suspending foreclosures until the end of October,...
https://knews.kathimerini.com.cy/en/news/feta-can-only-be-greek
Greece has scored a win in its long fight to protect its right to the term “feta” after Europe’s top court reprimanded Denmark for not blocking local companies from using the name for sales outside the European Union....
https://knews.kathimerini.com.cy/en/news/majority-of-cypriots-believe-corruption-is-rampant-in-the-country
A total of 94% of respondents in a special Eurobarometer published by the European Commission on Wednesday believe that the problem of corruption is widespread in the country....
https://knews.kathimerini.com.cy/en/business/ecommbx-receives-the-prestigious-invest-cyprus-international-investment-award
On 1 July 2022, at the 10th Ιnvest Cyprus International Investment Awards ceremony at the Parklane Spa & Resort in Limassol, under the auspices of the President of the Republic, Nicos Anastasiades. ...
https://knews.kathimerini.com.cy/en/news/eu-acknowledges-migrant-issue-in-cyprus
Cyprus' Interior Minister, Nicos Nouris, expressed his satisfaction because EU Commissioner for Home Affairs, Ylva Johansson, acknowledged before the EU Home Affairs Council the need to support Cyprus, as it is faced with the biggest migration influx issue....
https://knews.kathimerini.com.cy/en/news/these-are-the-top-10-airlines-by-flight-cancellations-in-europe
Mabrian, the travel intelligence platform, has analysed data relating to European airline scheduling over the last few weeks in response to the operating challenges that many are facing and has listed the top ten airlines by flight cancellations in Europe....
https://knews.kathimerini.com.cy/en/news/cancellations-delays-and-strikes-which-destinations-are-the-most-affected
What to know and what to pay attention to those who are preparing to travel...
https://knews.kathimerini.com.cy/en/news/dutch-to-make-working-from-home-a-legal-right
The Netherlands is on the cusp of making working from home a legal right in a radical move that experts say could be followed across Europe....
https://knews.kathimerini.com.cy/en/business/employee-influence-grows-43-set-to-quit-jobs-for-better-pay-career-opportunities-and-flexibility
Employees around the world now hold more sway in the global job market, with two-fifths (43%) of respondents saying they are likely to quit in the next 12 months according to the EY 2022 Work Reimagined Survey...
https://knews.kathimerini.com.cy/en/news/rumors-of-pegasus-purchase-by-cyprus-not-put-to-rest
The possibility that NSO sold Pegasus to Cypriot authorities remained unanswered last week when a Cypriot MEP grilled the company’s general counsel, who stopped short of saying who actually bought it...
https://knews.kathimerini.com.cy/en/news/increasing-demand-for-mail-order-abortion-pills-after-sc-ruling
Telehealth abortion providers have reported a surge in inquiries following the US Supreme Court’s ruling overturning Roe vs Wade, as the rapidly proliferating number of states banning terminations forces more women to turn to mail-order pills to end their pregnancies....
https://knews.kathimerini.com.cy/en/news/minister-urges-traveling-cypriots-to-fly-off-peak-months
Cypriots are being asked to postpone summer travel during the pick season in order to ‘help not only themselves but also the airlines and airports,' after a crisis in the aviation industry made a crash landing in Europe...
https://knews.kathimerini.com.cy/en/news/retail-trade-in-the-grip-of-inflation
The market is under intense pressure due to the inflationary trends of recent months with consumers appearing hesitant on their trips to retail stores. More shoppers are looking for special offers and refraining from impulsive buys....
https://knews.kathimerini.com.cy/en/news/eastmed-feasibility-study-hindered-due-to-turkey-s-harassment
The commercial viability study of the EastMed pipeline is not proceeding as planned because Turkey is "interfering with the Nautical Geo ship conducting environmental surveys," Foreign Minister Ioannis Kasoulides told the Parliamentary Committee on Foreign Affairs....
https://knews.kathimerini.com.cy/en/business/public-world-premiere-of-the-gt4-eperformance-at-the-festival-of-speed
The all-electric Porsche GT4 ePerformance has begun its world tour at the internationally-renowned Goodwood Festival of Speed. The tour is intended to highlight the potential of the vehicle concept and the associated racing formats....
https://knews.kathimerini.com.cy/en/business/germany-a-step-closer-to-rationing-after-russia-cuts-gas-supplies
The German government formally placed its energy market on a war footing Thursday over Russia's sharp reduction of gas supplies, telling households to reduce consumption and warning that industrial output will be hit.
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https://knews.kathimerini.com.cy/en/business/can-something-really-come-from-nothing
A consumer electronics start-up called Nothing has secured financing of more than $200mn to launch its debut smartphone, in the first attempt for several years by a newcomer to crack a market dominated by Apple and Samsung....
https://knews.kathimerini.com.cy/en/news/big-disparity-of-fuel-prices-on-the-island
The highest price for Diesel has reached €1.999 in Cyprus, according to the Consumer Protection Service's Fuel Retail Price Observatory. ...
https://knews.kathimerini.com.cy/en/news/cyprus-plays-supporting-role-in-lng-arena
After years of trying to locate and extract natural gas from its EEZ, Cyprus' prospects continue to stagnate due to the current geopolitical conditions, the Cyprus issue, and the fact that the research, although promising, has not yet yielded the large quantities that were found in the EEZ of Egypt and Israel....
https://knews.kathimerini.com.cy/en/news/kyriacos-koushos-takes-over-as-labour-minister
Κyriacos Koushos will take over as Minister of Labour and Social Insurance, following the death of Zeta Emilianidou who died on June 6 in hospital after suffering a brain aneurysm. ...
https://knews.kathimerini.com.cy/en/business/consulco-brought-together-london-and-limassol
An excellent dialogue took place during the hybrid conference ''Resilient Cities: London and Limassol'' organized by Consulco, on Thursday 16 June 2022 between London and Limassol, where speakers from Cyprus and Britain exchanged views on the two cities and their development. ...
