https://knews.kathimerini.com.cy/en/business/exxonmobil-and-qatar-energy-to-drill-two-new-wells-in-cyprus-offshore-gas-fields
ExxonMobil, in partnership with Qatar Energy, is planning to drill two more wells in Cyprus' offshore Blocks 5 and 10 early next year. ...
https://knews.kathimerini.com.cy/en/news/cyprus-role-in-the-east-med-highlighted-at-economist-conference
Cyprus’ growing importance in the Eastern Mediterranean was highlighted by U.S. Ambassador Julie Fisher and the UK’s new High Commissioner Michael Tatham during the 20th Economist magazine conference in Cyprus on Thursday....
https://knews.kathimerini.com.cy/en/news/russia-fires-intercontinental-ballistic-missile-at-ukraine
In a significant escalation of the ongoing conflict, Russia launched an intercontinental ballistic missile (ICBM) at the Ukrainian city of Dnipro on Thursday. This marks the first reported use of an ICBM in the war, a weapon traditionally designed for long-range nuclear strikes....
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/ft-icc-issues-arrest-warrants-for-netanyahu-and-gallant
The International Criminal Court (ICC) has issued arrest warrants for Israeli Prime Minister Benjamin Netanyahu and former defense minister Yoav Gallant, accusing them of crimes against humanity and war crimes related to the war in Gaza....
https://knews.kathimerini.com.cy/en/business/cyprus-court-upholds-tougher-rules-for-glamping-projects
The Supreme Constitutional Court recently made a decision that has significant implications for luxury camping (glamping) and visitor farm projects in Cyprus. ...
https://knews.kathimerini.com.cy/en/news/road-to-nowhere-as-paphos-polis-project-hits-a-dead-end
The long-awaited Paphos-Polis Chrysochous road project has hit a major roadblock, with construction halted at just 21% completion and the Republic of Cyprus now facing legal challenges from the former contractor, INTRAKAT. ...
https://knews.kathimerini.com.cy/en/business/k-treppides-co-ltd-director-george-p-nicolaou-honored-with-young-dragon-awards-nomination
The nomination of George P. Nicolaou, director at K. Treppides & Co Ltd, for the prestigious Young Dragon Awards marks a significant milestone for both him and the company....
https://knews.kathimerini.com.cy/en/news/new-online-patient-s-guide-to-provide-information-on-gesy-services
Health Minister Michael Damianos introduced an online portal called the ''Patient’s Guide'' on Monday, aiming to improve the public’s understanding of the General Health System (GeSY) and promote more responsible use of healthcare services....
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/kpmg-cyprus-unveils-kpmg-cyprus-real-estate-market-report-insights-13th-edition
The pipeline of real estate projects in Cyprus continues to expand in 2024, with residential developments leading the way. Market liquidity appears to be improving, with Limassol dominating the overall market and the high-end residential segment for 2023 and the first half of 2024....
https://knews.kathimerini.com.cy/en/business/november-newsletter-of-k-treppides-co-ltd
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/kalopanagiotis-and-pissouri-named-among-world-s-best-tourist-villages-for-2024
Two villages from Cyprus, Kalopanagiotis and Pissouri, have been recognized as among the best tourist destinations in the world for 2024 by the World Tourism Organization (UNWTO)....
https://knews.kathimerini.com.cy/en/news/cyprus-to-strip-protection-from-asylum-seekers-who-commit-serious-crimes
Cyprus has moved forward with a new law that will strip asylum seekers of their subsidiary protection status if they commit serious criminal offenses. ...
https://knews.kathimerini.com.cy/en/news/the-declaration-of-the-trnc-a-turning-point-in-the-cyprus-conflict
On 15 November 1983, the Turkish Cypriot side unilaterally declared the occupied territories as the "Turkish Republic of Northern Cyprus" (TRNC)....
https://knews.kathimerini.com.cy/en/business/cyprus-floating-lng-unit-prometheus-finally-sets-sail-from-shanghai
After months of delays linked to the Vasilikos scandal, Cyprus' Floating Storage and Regasification Unit (FSRU) 'Prometheus' is finally set to leave Shanghai in early December. ...
https://knews.kathimerini.com.cy/en/business/cyprus-faces-multi-million-euro-losses-as-major-development-projects-collapse
Cyprus is facing significant financial and logistical challenges following the abrupt termination of contracts for major infrastructure projects, with some cases likely to lead to costly legal battles....
https://knews.kathimerini.com.cy/en/business/cyprus-eyes-new-offshore-gas-licenses-as-global-demand-surges
Cyprus is considering a new round of licensing for offshore gas exploration to capitalize on high demand, according to Energy Minister Giorgos Papanastasiou. With estimates suggesting that undiscovered gas reserves could be around 15-16 trillion cubic feet...
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/life/athienou-bus-shelters-showcase-local-embroidery-art
The Municipality of Athienou and the Larnaca Tourism Development and Promotion Company have completed an artistic project that brings local cultural heritage to the streets. ...
https://knews.kathimerini.com.cy/en/business/yet-another-contractor-get-axed-over-major-project-delays
Cyprus’s Ministry of the Interior has terminated the employment of the engineer and contractor for the Liopetri Fishing Shelter and River Restoration Project due to long-standing delays and unmet contractual obligations, according to an announcement by the ministry....
https://knews.kathimerini.com.cy/en/news/study-links-air-pollution-during-pregnancy-to-heightened-autism-risk
New research suggests that air pollution exposure during pregnancy may increase the risk of autism in babies with a genetic predisposition for the condition, according to a study by Dr. Haitham Amal and his team at the Hebrew University of Jerusalem....
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/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/staff-shortages-stall-local-government-reform-in-cyprus
According to Kathimerini's Pavlos Neophytou, the implementation of Local Government Reform in Cyprus faces critical staffing and operational challenges, especially in development licensing within Provincial Local Authorities (PLAs). ...
https://knews.kathimerini.com.cy/en/news/australia-to-ban-under-16s-from-social-media-in-global-first
Australia’s government plans to introduce what it describes as "world-leading" legislation that would prohibit children under 16 from using social media, Prime Minister Anthony Albanese announced....
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/christodoulides-and-erdogan-hold-rare-talks-at-european-summit-in-budapest
President Nicos Christodoulides and Turkish President Tayyip Erdogan engaged in an informal meeting Thursday on the sidelines of the European Political Community (EPC) summit in Budapest....
https://knews.kathimerini.com.cy/en/news/if-you-cannot-manage-eu-law-in-your-country-how-will-you-manage-it-in-the-27-states
During his hearing for the role of European Commissioner for Fisheries and Oceans, Costas Kadis was questioned by Dutch MEP Anja Hazekamp regarding the Pendakomou waste management plant issue....
https://knews.kathimerini.com.cy/en/comment/opinion/the-cost-of-the-subsidies-is-borne-by-the-state-not-the-citizens
''I am committed to lowering electricity prices,'' Minister of Energy Mr. Papanastasiou told us when he assumed office. Since then, we’ve watched in dismay as electricity prices have steadily risen, with various justifications that no longer convince anyone....
