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/trump-administration-who-s-in-who-s-out
President-elect Donald Trump has officially named campaign co-chair Susie Wiles as White House chief of staff, marking the first appointment of his new administration....
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/tesla-surges-12-on-trump-s-election-win-musk-s-$75m-bet-pays-off
Tesla shares surged 12% in early trading Wednesday following Donald Trump’s victory in the U.S. presidential election, as investors anticipated potential advantages for Tesla and its CEO Elon Musk, a major Trump backer....
https://knews.kathimerini.com.cy/en/news/horizon-aircraft-s-unique-shape-offers-more-room-for-passengers
As global demand for air travel grows, carbon emissions from aviation have risen faster over recent decades than those from rail, road, or maritime transportation.
...
https://knews.kathimerini.com.cy/en/news/cyprus-police-reshuffles-key-roles-in-long-awaited-overhaul
In what many see as a much-needed shake-up, the Cyprus Police Department has initiated a significant reshuffling, with key transfers across the ranks....
https://knews.kathimerini.com.cy/en/news/government-announces-new-measures-to-help-vulnerable-households
In a bid to ease energy expenses for vulnerable groups and promote sustainable housing solutions, the Cabinet approved a set of medium-term measures during its meeting on Tuesday, chaired by President Nicos Christodoulides....
https://knews.kathimerini.com.cy/en/news/why-musk-sees-trump-as-america-s-business-fixer
Elon Musk, the high-profile CEO of Tesla and SpaceX, has emerged as a vocal supporter of Republican presidential nominee Donald Trump......
https://knews.kathimerini.com.cy/en/business/paphos-airport-will-expand-to-boost-capacity-and-modernize-facilities
Hermes Airports has submitted a proposal to expand Paphos Airport to better accommodate rising passenger numbers and bring facilities up to modern standards....
https://knews.kathimerini.com.cy/en/news/whatsapp-and-instagram-teams-face-job-cuts-in-meta-overhaul
Meta has started implementing layoffs across various departments, including WhatsApp, Instagram, and Reality Labs, according to sources familiar with the matter....
https://knews.kathimerini.com.cy/en/news/limassol-and-larnaca-set-for-greener-urban-transport
Cyprus has officially launched its Sustainable Urban Mobility Plans (SUMP) for Limassol and Larnaca, making a significant step towards the the country’s transition towards greener, more accessible urban spaces....
https://knews.kathimerini.com.cy/en/business/digital-transformation-or-vanish
Historically our world has experienced significant eras spanning from the medieval eras, Renaissance, Scientific Revolution, Industrial Revolution, World War Era and others....
https://knews.kathimerini.com.cy/en/business/exness-ceo-cut-red-tape-to-boost-europe-s-economy
Petr Valov, CEO of Exness, has called for the reduction of excessive regulations in Europe, arguing that deregulation could help boost the region's economic competitiveness....
https://knews.kathimerini.com.cy/en/news/cyprus-to-approve-100-000-electronic-ids-for-digital-transition
The Council of Ministers is set to approve the purchase of 100,000 electronic ID cards during its meeting today at 11:00 a.m., President Nikos Christodoulides announced while speaking at the Digital Agenda Cyprus Summit, held at the Nicosia Municipal Theater....
https://knews.kathimerini.com.cy/en/news/vasilikos-new-systems-feed-3m-fish-at-once
Cypriot officials inaugurated two innovative floating fish feeding systems, marking a significant step forward for the country's aquaculture industry. Minister of Agriculture, Rural Development and Environment......
https://knews.kathimerini.com.cy/en/business/cypriot-startups-take-the-spotlight-at-the-digital-agenda-summit
This year’s Digital Agenda Summit will feature some of Cyprus's most exciting startups, showcasing how they've turned their innovative ideas into real-world success. ...
https://knews.kathimerini.com.cy/en/news/cabinet-greenlights-solar-water-heating-grants-up-to-€900
The Cabinet approved a grant scheme on Wednesday aimed at installing solar water heating systems in homes, according to Energy, Commerce, and Industry Minister Giorgos Papanastasiou....
https://knews.kathimerini.com.cy/en/news/president-christodoulides-urges-stronger-oversight-with-new-auditor-general
Andreas Papaconstantinou was officially appointed as Cyprus' new Auditor General on Wednesday, following a ceremony at the Presidential Palace with President Nikos Christodoulides.
...
https://knews.kathimerini.com.cy/en/news/cyprus-air-traffic-control-relocation-to-kokkinotrimithia-underway
The Ministry of Transport, Communications, and Works has announced that intensive preparations are underway for relocating the Air Traffic Control Center of Civil Aviation to its new, purpose-built facility in Kokkinotrimithia....
https://knews.kathimerini.com.cy/en/news/traffic-jams-hit-hard-as-schools-reopen
As the new school year begins, Cyprus is grappling with severe traffic congestion, highlighting a longstanding issue that intensifies with the return of students to their classrooms....
https://knews.kathimerini.com.cy/en/news/christodoulides-we-cannot-operate-in-2024-on-1960-terms
The Cabinet convened yesterday to advance a significant framework of institutional reforms aimed at modernizing Cyprus' state apparatus....
https://knews.kathimerini.com.cy/en/news/olympion-in-cyprus-joins-leading-k12-education-group-globeducate
Globeducate announces the acquisition of Education Group OLYMPION School (Εκπαιδευτικός Όμιλος ΟΛΥΜΠΙΟΝ) near Nicosia in Cyprus, a group of Greek private schools with nearly 450 pupils aged 6 to 18 across Gymnasium, Lyceum and, from September 2024, Elementary stages....
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/cyprus-political-team-meets-today-to-discuss-eu-and-un-diplomacy
The Cyprus Political Team will hold its first meeting at noon Wednesday since the group's composition was announced last April....
https://knews.kathimerini.com.cy/en/news/ema-slams-eac-for-undermining-electricity-market-competition
The Electricity Market Association (EMA) is expressing concern over recent requests made by the Electricity Authority of Cyprus (EAC) to President Nicos Christodoulides....
https://knews.kathimerini.com.cy/en/news/harris-campaign-criticizes-trump-musk-interview-as-self-obsessed
Former President Donald Trump and Tesla CEO Elon Musk engaged in a friendly conversation on X (formerly Twitter) on Monday, though their highly anticipated interview was delayed by over 40 minutes due to technical issues....
https://knews.kathimerini.com.cy/en/business/norway-powers-up-with-the-world-s-first-wireless-charging-road-for-evs
Get ready to buckle up and plug into the future! Norway has just unveiled its latest electrifying innovation—a wireless charging road for electric vehicles (EVs) in the vibrant city of Trondheim....
https://knews.kathimerini.com.cy/en/news/paphos-airport-unveils-new-short-stay-parking-area-for-passenger-drop-offs
Paphos Airport has introduced a new short-stay parking area designed to facilitate quick passenger drop-offs, Hermes Airports announced on Thursday....
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/news/nicosia-municipality-embraces-digital-era-ends-cheque-payments
In a significant shift towards modernization, the Nicosia Municipality announced it will no longer accept cheque payments, urging residents to transition to electronic and card-based payment methods. ...