https://knews.kathimerini.com.cy/en/news/decoding-the-secrets-of-confidential-oligarch-deals
Hours before Cyprus faced criticism in the European Parliament for alleged involvement of Cypriot companies in the movement of funds for Russian oligarchs, officials in Nicosia defended their reputation.
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https://knews.kathimerini.com.cy/en/business/major-players-unveil-ambitious-plans-for-shopping-malls-in-limassol
After Nicosia, the competition among shopping centers is shifting to the market in Limassol. The focus of the two strong players in the capital, Nicosia Mall (owned by Zorpa Group, PHC Group, Athienitis Group, and VLM Group) and Atterbury Europe (Mall of Cyprus), is set on their next investments in Limassol....
https://knews.kathimerini.com.cy/en/business/cyprus-gets-bbb-boost-in-latest-ratings-but-challenges-persist
The German Scope Ratings have given a positive sign for Cyprus by upgrading the country to BBB+ last Friday from the previous BBB while keeping the outlook of the economy stable. ...
https://knews.kathimerini.com.cy/en/news/eu-commissioner-s-urgent-call-for-sustainable-pesticides-reform
In a significant move for environmental and agricultural sustainability, the European Commission put forth legislative proposals in June 2022 aimed at curbing the use of the most hazardous pesticides. The proposal outlines a bold plan to achieve a 50% reduction by 2030....
https://knews.kathimerini.com.cy/en/news/banks-eye-over-1-billion-euro-profits-in-2023
Cypriot banks, including the Greek bank, are poised to rake in substantial profits for 2023, benefitting from the European Central Bank's interest rate hikes....
https://knews.kathimerini.com.cy/en/news/stolen-masterpiece-emerges-in-lancashire-after-60-years
A painting stolen from a New York gallery 60 years ago in a daring $1 million heist has turned up 3,300 miles away in Lancashire....
https://knews.kathimerini.com.cy/en/news/cyprus-sees-33-drop-in-new-asylum-applications-compared-to-19-eu-increase
In August 2023, the European Union saw a 19% increase in new asylum seekers compared to the same period in 2022, with 91,735 applications recorded. ...
https://knews.kathimerini.com.cy/en/news/hellenic-bank-rakes-in-€240-7m-in-2023-s-first-9-months
Hellenic Bank announced on Tuesday a profit of €240.7 million for the first 9 months of 2023....
https://knews.kathimerini.com.cy/en/life/tilos-the-little-island-that-could
In a recent interview with Dr. George Pechlivanoglou, the mastermind behind Tilos Island's groundbreaking energy initiative, we unveil a serious but exciting endeavor that's putting this petite Greek island on the map for sustainability....
https://knews.kathimerini.com.cy/en/news/inside-cyprus-s-smart-policing-system-what-it-really-checks
An intelligent policing system (A.N.P.R.) has been deployed at all roadblocks under the Republic of Cyprus's control to swiftly check drivers and detect any irregularities....
https://knews.kathimerini.com.cy/en/news/over-200-ndrangheta-s-members-sentenced-to-2-200-years
In a historic ruling following one of Italy's largest mafia trials, more than 200 'Ndrangheta gang members received sentences totaling over 2,200 years....
https://knews.kathimerini.com.cy/en/business/nicosia-s-one-stop-shop-sparks-green-line-trade-revolution
The European Commission has taken a significant step in facilitating cross-border trade with the introduction of the EU One Stop Shop (EU OSS) for Green Line trade, located in the vibrant city of Nicosia....
https://knews.kathimerini.com.cy/en/news/navigating-gaza-cyprus-confidential-and-financial-turbulence
Discussions on the regional and global implications of the war in Gaza, on tighter anti-money laundering rules in light of the “Cyprus confidential” investigation but also on the lack of adequate legislative follow-up to Parliament’s inquiry into the use of spyware, are on the agenda of the European Parliament session taking place this week in Strasbourg....
https://knews.kathimerini.com.cy/en/news/pocket-drain-or-green-gain-denmark-s-tricky-tax-call
Airports Council International Europe has issued a cautionary note to the Danish Government, discouraging the introduction of a passenger tax averaging 100 Danish krone or $14 (€13.41) on air travel....
https://knews.kathimerini.com.cy/en/business/unlocking-the-future-of-fintech-with-ecommbx-where-money-meets-innovation
Are you ready to embark on a fintech adventure like no other? Welcome to ECOMMBX, where we’re not just another Electronic Money Institution but game-changers of the industry! Regulated by the Central Bank of Cyprus under license no. 115.1.3.20/2018, we consider ourselves pioneers of innovation in Electronic Money Services....
https://knews.kathimerini.com.cy/en/news/intense-policing-targets-truck-and-bus-compliance
In a dedicated effort to enhance road safety, the police conducted a comprehensive education and enforcement campaign from Monday, November 6, to Sunday, November 12....
https://knews.kathimerini.com.cy/en/news/cyprus-faces-spike-in-economic-uncertainty-amidst-regional-conflict
After a relatively stable six-month period, economic uncertainty in Cyprus experienced a notable surge in October, with the Economic Policy Uncertainty (EPU) index reaching an estimated 256.63, compared to its September value of 202.84....
https://knews.kathimerini.com.cy/en/news/university-of-cyprus-professor-recognized-among-influential-scientists-worldwide
In a significant achievement for academic excellence, Professor Despo Fatta-Kassinou from the University of Cyprus has secured a spot on the list of the most influential scientists globally for 2022....
https://knews.kathimerini.com.cy/en/news/cyprus-eyes-$1-22-billion-for-electric-cars
Cyprus is set to undergo a transformative phase with its revised Recovery and Resilience Plan, valued at $1.22 billion....
https://knews.kathimerini.com.cy/en/news/cyprus-seizes-5-000-illegal-meds-in-pangea-operation
The fear of social stigmatization among our fellow citizens regarding diseases such as mental illness, HIV/AIDS, and erectile dysfunction is being intentionally exploited....
https://knews.kathimerini.com.cy/en/news/icij-shakes-up-european-parliament
The findings of the Cyprus Confidential investigation by the International Consortium of Investigative Journalists (ICIJ) will be discussed on Wednesday during the Plenary of the European Parliament which will be held in Strasbourg, in the presence of representatives of the Commission and the Council of the EU....
https://knews.kathimerini.com.cy/en/news/demetriou-s-challenge-for-cyprus-to-rise-from-the-credibility-ashes
The need for a collective and comprehensive effort to reclaim the credibility of Cyprus is more urgent than ever, pledged on Thursday President of the House of Representative Annita Demetriou....
https://knews.kathimerini.com.cy/en/news/choosing-between-heating-and-eating
A recently released report from the French charity Secours Catholique underscores the alarming rise in poverty numbers, with a record one million people seeking assistance in 2022, up from 780,000 the previous year. ...
https://knews.kathimerini.com.cy/en/business/ft-tech-giants-clash-with-eu-over-internet-control
A Financial Times article has reported that major players like TikTok and Meta, the parent company of Facebook, are pushing back against the European Union's (EU) recent internet regulations aimed at fostering greater openness and competition in online markets....
https://knews.kathimerini.com.cy/en/business/gulf-air-soars-to-new-heights-with-additional-flights
In a strategic move to bolster its European operations, Gulf Air, the national carrier of the Kingdom of Bahrain, has announced an increase in the number of flights to Larnaca and Athens....
https://knews.kathimerini.com.cy/en/news/al-jazeera-report-trial-postponed-as-case-hits-legal-snag
In a significant development, the criminal case involving the Al Jazeera report and events tied to the exceptional naturalization of foreign investors and businessmen saw a postponement on Tuesday. ...
https://knews.kathimerini.com.cy/en/news/cyprus-seizes-glory-in-small-states-of-europe-badminton-clash
The Cypriot National Badminton Team has won the gold medal at the Small States of Europe Badminton Team Championships held in Malta 3-5 November 2023....
https://knews.kathimerini.com.cy/en/news/icelandic-authorities-brace-for-eruption-following-earthquakes-and-magma-surge
Icelandic authorities are bracing for a potential volcanic eruption in the southwest of the island following a series of earthquakes and signs of rapidly spreading magma underground....
https://knews.kathimerini.com.cy/en/news/ipto-paves-the-way-for-cyprus-israel-electrical-bond
The Independent Power Transmission Operator of Greece (IPTO) intends to establish a subsidiary Special Purpose Vehicle (SPV) to facilitate the potential entry of the Republic of Cyprus and other potential investors into the electrical interconnection project between Greece, Cyprus, and Israel (EuroAsia Interconnector)....
https://knews.kathimerini.com.cy/en/news/us-helicopter-crash-claims-5-lives-in-southern-mediterranean
The US military has officially named the five soldiers who lost their lives in a helicopter crash in the Eastern Mediterranean last Friday, as confirmed by a statement from the US Army Special Operations Command on Monday....
