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12° Nicosia,
29 March, 2024
 

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Displaying results 1-30 of 559 matches for query Funds.

1. Russian oil payments delayed amid sanctions scrutiny

https://knews.kathimerini.com.cy/en/news/russian-oil-payments-delayed-amid-sanctions-scrutiny

Russian oil companies are facing significant delays in receiving payments for crude and fuel as banks in China, Turkey, and the United Arab Emirates (UAE) exercise increased caution over potential U.S. secondary sanctions, according to eight sources familiar with the matter....

2. Audit uncovers mismanagement in Cyprus' public health system

https://knews.kathimerini.com.cy/en/business/audit-uncovers-mismanagement-in-cyprus-public-health-system

In a damning revelation, Auditor General Odysseas Michaelides unveiled alarming mismanagement within Cyprus' public health sector, particularly in its flagship National Health System (GESY). ...

3. Europe's ambitious plan to reignite economic engines

https://knews.kathimerini.com.cy/en/news/europe-s-ambitious-plan-to-reignite-economic-engines

As Europe endeavours to uphold its competitiveness amidst economic rivals, its politicians believe they hold a concealed asset: the savings of its citizens, which remain unused and dormant....

4. Occupied territories are a 'black hole' for illicit funds

https://knews.kathimerini.com.cy/en/news/occupied-territories-are-a-black-hole-for-illicit-funds

The recent update to the US-UK sanctions list, active since last April and aimed at Russia, continues to scrutinize Cypriot-based entities suspected of violating the Russian embargo. ...

5. Baltimore Mayor declares local state of emergency after key bridge collapse

https://knews.kathimerini.com.cy/en/news/baltimore-mayor-declares-local-state-of-emergency-after-key-bridge-collapse

Baltimore Mayor Brandon Scott has taken decisive action in the wake of the Key Bridge collapse, declaring a local state of emergency. ...

6. Cyprus' economic resilience earns high credit rating confirmation

https://knews.kathimerini.com.cy/en/news/cyprus-economic-resilience-earns-high-credit-rating-confirmation

International rating agency Morningstar DBRS has confirmed Cyprus’ BBB (high) long-term credit rating with a stable trend, noting that favourable economic prospects balance downside risks. ...

7. NY Attorney General moves to seize Trump's assets

https://knews.kathimerini.com.cy/en/news/ny-attorney-general-moves-to-seize-trump-s-assets

In a significant legal maneuver, the office of New York Attorney General Letitia James has taken steps to file judgments against former President Donald Trump in Westchester County, N.Y....

8. Over 3800 households apply for 'Photovoltaics for All' project

https://knews.kathimerini.com.cy/en/news/over-3800-households-apply-for-photovoltaics-for-all-project

According to data from the Renewable Energy Fund, 3863 applications have been submitted by households to participate in the "Photovoltaics for All" project....

9. Alleged accomplice arrested in €7.8M money laundering case

https://knews.kathimerini.com.cy/en/news/alleged-accomplice-arrested-in-€7-8m-money-laundering-case

Authorities in Cyprus have identified a potential accomplice in the high-profile money laundering case involving a 31-year-old Ukrainian woman. The woman,...

10. Government mulls UAE-led takeover of Daily Telegraph

https://knews.kathimerini.com.cy/en/news/government-mulls-uae-led-takeover-of-daily-telegraph

In a pivotal moment for British media, the government is deliberating the approval of a UAE-led takeover of the Daily Telegraph, eliciting widespread objections from politicians, journalists, ...

11. Cyprus praises EU financial plan for 2025

https://knews.kathimerini.com.cy/en/news/cyprus-praises-eu-financial-plan-for-2025

The joint statement on the orientation of the eurozone’s fiscal policy for 2025 satisfies Cyprus as it validates the cautious and conservative fiscal policy that Cyprus has followed so far, Minister for Finance Makis Keravnos said in Brussels, where he was attending the meeting of the Eurogroup on Monday....

12. Cyprus entities hit by U.S. sanctions for alleged Al-Shabaab support

https://knews.kathimerini.com.cy/en/business/cyprus-entities-hit-by-u-s-sanctions-for-alleged-al-shabaab-support

The U.S. Treasury Department has announced sanctions on a transnational network involving entities and individuals from the Horn of Africa, the United Arab Emirates, and Cyprus for their role in facilitating the financing of the terrorist organization Al-Shabaab....

13. Eurobank eyes support for internet cable connecting Europe and Asia

https://knews.kathimerini.com.cy/en/business/eurobank-eyes-support-for-internet-cable-connecting-europe-and-asia

Eurobank, initially hesitant about financing the East to Med Data Corridor (EMC) cable system, is now contemplating entering the second round of funding for the mega project....

14. Hotel industry faces backlash over residence fees

https://knews.kathimerini.com.cy/en/news/hotel-industry-faces-backlash-over-residence-fees

The inclusion of a residence tax within the framework of the green tax reform, affecting hotels, tourist accommodations, and Airbnb, is expected to trigger reactions within the hotel industry....

15. Ukrainian woman's robbery unravels into money laundering investigation

https://knews.kathimerini.com.cy/en/news/ukrainian-woman-s-robbery-unravels-into-money-laundering-investigation

Investigations are intensifying at Police Headquarters regarding a startling case involving a 31-year-old Ukrainian woman who claimed to be a victim of a robbery in Germasogeia on Friday (01/03). ...

16. FT: Judge denies Trump's request to delay $450M payment

https://knews.kathimerini.com.cy/en/news/ft-judge-denies-trump-s-request-to-delay-$450m-payment

A New York judge has rejected Donald Trump's request to temporarily halt the state's attorney-general from collecting a $450 million judgment while he appeals a civil fraud ruling....

17. Bitcoin surpasses $57,000 on ETF boost and corporate investments

https://knews.kathimerini.com.cy/en/business/bitcoin-surpasses-$57-000-on-etf-boost-and-corporate-investments

Bitcoin reached a milestone, surpassing $57,000, driven by increasing demand from exchange-traded funds (ETFs) and corporate investments, notably by MicroStrategy. ...

18. 800 divorces annually, 35,000 single parents, and outdated benefits

https://knews.kathimerini.com.cy/en/news/800-divorces-annually-35-000-single-parents-and-outdated-benefits

The Human Rights Committee of the Parliament convened today, shedding light on critical issues affecting single-parent families in Cyprus....

19. Government faces backlash over officials' salary surge

https://knews.kathimerini.com.cy/en/news/government-faces-backlash-over-officials-salary-surge

In a significant move, a deal signed on July 28, 2017, not only marked the revival of the institution but also propelled the salaries of officials to new heights. ...

20. Government official salaries surge up 17% in 5 years

https://knews.kathimerini.com.cy/en/news/government-official-salaries-surge-up-17-in-5-years

Over the past half-decade, the salaries of government officials have surged by a notable 17%, shedding light on the expanding state payroll. ...

21. High demand for electric vehicle subsidies as applications surge

https://knews.kathimerini.com.cy/en/news/high-demand-for-electric-vehicle-subsidies-as-applications-surge

In response to the subsidy schemes for electric vehicles, the Road Transport Department reports significant interest since the application process began on Saturday....

22. Cyprus, Greece and France halt funds for Turkish drones in Ukraine

https://knews.kathimerini.com.cy/en/news/cyprus-greece-and-france-halt-funds-for-turkish-drones-in-ukraine

Greece, Cyprus and France reportedly blocked the financing for the supply of Turkish-made Bayraktar drones and artillery shells for Ukraine, which were to be purchased with European funds....

23. Spanish banks wary of Cypriot student accounts

https://knews.kathimerini.com.cy/en/news/spanish-banks-wary-of-cypriot-student-accounts

The impact of Cyprus being deemed a high-risk destination continues to reverberate even in European Union countries, with remnants of its troubled past lingering....

24. Greece to provide 50,000 free surgeries in bold health initiative

https://knews.kathimerini.com.cy/en/news/greece-to-provide-50-000-free-surgeries-in-bold-health-initiative

Greece's Health Ministry has announced a plan to pay for some 50,000 operations that have been pending at the National Health System in afternoon surgeries....

25. US Senate approves $95.3B aid package for Ukraine, Israel, and Taiwan

https://knews.kathimerini.com.cy/en/news/us-senate-approves-$95-3b-aid-package-for-ukraine-israel-and-taiwan

The Senate approved a $95.3 billion aid package for Ukraine, Israel, and Taiwan early Tuesday, overcoming resistance from a group of Republicans who argued that the U.S. should prioritize domestic issues. The vote, passing 70-29, came after a night of debate....

26. February Newsletter of K. Treppides & Co Ltd: CySEC

https://knews.kathimerini.com.cy/en/business/4-february-newsletter-of-k-treppides-co-ltd-cysec

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. ...

27. Cyprus to roll out 10-second euro transfers across banks

https://knews.kathimerini.com.cy/en/news/cyprus-to-roll-out-10-second-euro-transfers-across-banks

Over the next 18 months, Cyprus is poised to revolutionize money transfers, promising seamless transactions within 10 seconds from bank to bank....

28. Government grapples with energy project crisis

https://knews.kathimerini.com.cy/en/news/government-grapples-with-energy-project-crisis

The firm spearheading one of the Republic of Cyprus' most ambitious energy ventures, Terminal F.P. at Royal, finds itself grappling with challenges that threaten its completion....

29. Investigation urged as state contracts lead to €6.4M payout

https://knews.kathimerini.com.cy/en/news/investigation-urged-as-state-contracts-lead-to-€6-4m-payout

In a recent address, Deputy Dipa Alekos Tryfonidis called attention to questionable agreements, urging an investigation into the responsible parties behind a contract resulting in a hefty 6.4 million euros compensation payout....

30. Farmers rev up tractors in protest against EU agricultural policies

https://knews.kathimerini.com.cy/en/news/farmers-rev-up-tractors-in-protest-against-eu-agricultural-policies

In the third such demonstration within eight months, Cypriot farmers steered their tractors through city streets, protesting against what they perceive as the European Union's misguided policies in the common agricultural policy....

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