https://knews.kathimerini.com.cy/en/business/eurobank-s-egg-enter-grow-go-wins-top-eban-award-for-2024
egg - enter grow go, Eurobank's business accelerator, has been awarded the prestigious distinction of Best Performing New EBAN Member 2024......
https://knews.kathimerini.com.cy/en/news/keravnos-continues-to-call-on-banks-to-slash-interest-rates
Finance Minister, Makis Keravnos, called on local banks to slash interest rates, emphasizing the urgency for change in the financial landscape. Keravnos's remarks come just before the European Central Bank's Governing Council convenes,...
https://knews.kathimerini.com.cy/en/news/israeli-settler-defies-us-sanctions-gains-community-aid-to-access-frozen-funds
For weeks after being sanctioned by the United States, Yinon Levi struggled to pay the bills, living at his farming outpost atop a hill in the occupied West Bank. But the Israeli settler’s problems didn’t last....
https://knews.kathimerini.com.cy/en/news/government-rejects-fti-group-s-bailout-plea-leading-to-bankruptcy
FTI Group, Europe’s third-largest travel provider, declared bankruptcy today following unsuccessful negotiations with the federal government, impacting 11,000 employees and tens of thousands of travelers currently on holiday or with future bookings....
https://knews.kathimerini.com.cy/en/news/dueling-visions-from-nicosia-s-mayoral-candidates
In the bustling streets of Nicosia, the race for mayoral office is heating up, with candidates Nikos Tornaritis and Charalambos Prountzos vying for the helm of Cyprus's capital city...
https://knews.kathimerini.com.cy/en/news/government-prioritizes-cross-border-electricity-links-at-eu-council
Electricity interconnection with third countries is a constant priority for Cyprus, the Permanent Secretary of the Ministry of Energy, Commerce and Industry......
https://knews.kathimerini.com.cy/en/news/nasa-s-new-rocket-set-to-cut-mars-journey-to-just-60-days
Recently, NASA announced it was funding a revolutionary high-thrust rocket — called a Pulsed Plasma Rocket — that could make crewed missions to Mars in just two months....
https://knews.kathimerini.com.cy/en/news/archaeologists-discover-key-features-of-historic-cypriot-city
Exciting new discoveries about the ancient city of Nea Paphos have come to light thanks to a joint excavation by teams from the Universities of Warsaw and Krakow, working with the Cyprus Department of Antiquities. ...
https://knews.kathimerini.com.cy/en/news/eib-injects-over-€5-billion-into-cyprus-projects
The European Investment Bank (EIB) has injected over €5 billion into various projects in Cyprus, contributing significantly to the island nation's development, said Kyriakos Kakouris, Vice-President of the Bank....
https://knews.kathimerini.com.cy/en/news/project-full-circle-to-break-speedboat-record-with-new-fuel-technology
Project Full Circle is an ambitious multi-million euro effort to design and build the fastest and most fuel-efficient speedboat to circumnavigate the globe, aiming to break the coveted UIM world record. ...
https://knews.kathimerini.com.cy/en/business/rif-and-israel-innovation-authority-launch-€900-000-call-for-joint-r-d-projects
The Research and Innovation Foundation (RIF), in collaboration with the Israel Innovation Authority (IIA), has unveiled a fresh joint call for proposals, boasting a substantial budget of €900,000....
https://knews.kathimerini.com.cy/en/business/bankers-rally-for-increased-green-financing-despite-longer-payback-periods
According to a report by Panagiotis Rougalas, big players in the financial world are urging banks to step up for a greener future....
https://knews.kathimerini.com.cy/en/business/us-fund-eyes-investment-in-greece-cyprus-israel-sea-link
The US sovereign wealth fund, SWF, is keen on joining the Greece-Cyprus-Israel Great Sea Interconnector project. ADMIE, the Transmission System Operator for the Hellenic Electricity Transmission System, confirmed SWF's interest, which could involve funding or loans....
https://knews.kathimerini.com.cy/en/news/norway-funded-projects-highlighted-in-nicosia-walking-tour
The Norwegian Embassy is organising a special walking event in the heart of Nicosia, highlighting some of the flagship projects funded by the Norwegian......
https://knews.kathimerini.com.cy/en/news/akel-mp-calls-for-probe-into-first-lady-s-social-support-fund
AKEL MP Christos Christofides has called upon the Auditor General to investigate the management of the Independent Social Support Body overseen by Philippa Karseras, the First Lady....
https://knews.kathimerini.com.cy/en/news/dr-nicolas-p-mastrogianopoulos-at-the-green-agenda-cyprus-summit
Dr. Nikolas P. Mastroyiannopoulos is the Founding Managing Partner of W11 Ventures. He is a non-executive director on the Board of Directors of the Green Energy Group in Limassol, and the CIM Business School in Nicosia Cyprus and the Chairperson of the Techisland Health Cluster Committee....
https://knews.kathimerini.com.cy/en/news/controversy-surrounds-17-5-year-extension-request-for-nicosia-ring-road
Recent revelations concerning the implementation timelines of significant public works projects have shed light on longstanding challenges within the realm of project execution. ...
https://knews.kathimerini.com.cy/en/news/china-s-leader-targets-hungary-serbia-for-investments
Chinese leader Xi Jinping will spend most of his five-day tour in Europe this week in two small countries in the continent’s eastern half, a region that Beijing has used as a foothold for its expanding economic ambitions in Europe....
https://knews.kathimerini.com.cy/en/news/from-black-sheep-to-eu-bridge
On the 20th anniversary of Cyprus' accession to the European Union, retired Ambassador Theophilos Theophilou reflects on the nation's journey from being labeled ''the black sheep'' to becoming a pivotal bridge to the Middle East....
https://knews.kathimerini.com.cy/en/news/mp-neofytou-proposes-11-000-immediate-payout-for-solidarity-fund-recipients
Democratic Rally MP Averof Neophytou has unveiled a groundbreaking initiative aimed at alleviating financial burdens for beneficiaries of the Solidarity Fund....
https://knews.kathimerini.com.cy/en/news/scotland-s-leader-yousaf-steps-down-amidst-turmoil
Scotland's leader Humza Yousaf resigned on Monday, further opening the door to the UK opposition Labour Party regaining ground in its former Scottish heartlands during a national election expected to be held later this year.
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https://knews.kathimerini.com.cy/en/news/nasa-cleared-for-£3-35-billion-dragonfly-mission-to-titan
A Dragonfly is heading to Saturn – as Nasa has been given the final permission it needs to launch its Dragonfly mission to Saturn’s moon Titan in the coming years....
https://knews.kathimerini.com.cy/en/news/cyprus-aid-corridor-not-enough-for-gaza-un-warns
The Cyprus maritime corridor provides for additionality of humanitarian aid to Gaza, but can never be a substitute for delivery by land, UN Senior Humanitarian and Reconstruction Coordinator for Gaza, Sigrid Kaag said briefing the UN Security Council on the situation in the region on Thursday....
https://knews.kathimerini.com.cy/en/business/€17-million-worth-of-grants-for-big-businesses
The EU's Recovery and Resilience Plan is charging ahead, with the Department of Energy, Trade, and Industry (DTI) launching a call for applications under the 'Grant Scheme for the Energy Upgrading and Competitiveness of Large Enterprises'....
https://knews.kathimerini.com.cy/en/news/president-advocates-for-innovation-centers-to-pursue-commercialization-and-self-financing
Centres of Excellence should pursue commercialisation aiming at self-financing, the President of the Republic, Nikos Christodoulides said at the inauguration......
https://knews.kathimerini.com.cy/en/news/turkish-defense-leaks-signal-aegean-park-conflict
Tensions with Ankara have resurfaced again after Ankara’s objections to Greece’s announcement to designate marine parks, including one in the Aegean Sea....
https://knews.kathimerini.com.cy/en/news/astrobank-s-record-breaking-year-€30-4m-in-profits-for-2023
AstroBank reported Profit After Tax of €30.4 million for 2023, representing a return on equity (RoE) of 13.9%, compared with €12.2 million and RoE of 6.2% for 2022, achieving an increase on profit of 150%, mainly due to increased interest income....
https://knews.kathimerini.com.cy/en/news/cia
The CIA was drafting scenarios for the geographic separation of Greeks and Turks in Cyprus as early as 1964. These plans, ranging from relocating Turkish Cypriots to Turkey to exchanges of populations and territories with Greece...
https://knews.kathimerini.com.cy/en/news/politico-greek-companies-under-scrutiny-in-eu-fund-fraud-probe
Greek authorities, alongside the European Public Prosecutor’s Office (EPPO), are delving into allegations of fraud concerning the allocation of €2.5 billion in EU funds to just 10 companies in Greece.
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https://knews.kathimerini.com.cy/en/news/uae-pledges-$15-million-for-cyprus-gaza-maritime-aid
The United Arab Emirates announced the allocation of USD 15 million in support of the ''Amalthea Fund,'' which the Republic of Cyprus announced to support the maritime corridor initiative between Cyprus and the Gaza Strip....