https://knews.kathimerini.com.cy/en/news/cyprus-construction-costs-fall-2-23-in-2024
Price Index of Construction Materials in Cyprus recorded an annual decline of 2.23% in the first two months of 2024, reflecting the de-escalation path......
https://knews.kathimerini.com.cy/en/news/methamphetamine-use-in-cyprus-under-scrutiny
A pan-european Wastewater Analysis Survey shows that there is a significant use of methamphetamine in Cyprus, but there are lower levels of use than the European average for other substances.
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https://knews.kathimerini.com.cy/en/business/cyprus-sets-sights-on-us-tourists-with-digital-campaign
Cyprus is gearing up to launch a digital campaign aimed at promoting itself as a holiday destination in the United States, with a focus on the East Coast regions of New York, Washington DC, Boston, and Philadelphia....
https://knews.kathimerini.com.cy/en/business/cyprus-embraces-global-investment-with-its-bond-market-debut
In April 2024, the Republic of Cyprus is gearing up to enter the international bond markets, intending to issue a Euro Medium Term Note (EMTN) bond worth 1 billion euros....
https://knews.kathimerini.com.cy/en/business/tourist-arrivals-rise-by-5-in-february
Tourist arrivals in Cyprus saw a notable uptick in February 2024 compared to the same period in the previous year, according to data released by the Cyprus Statistical Service on Tuesday. The total number of arrivals reached 125,034, marking a 5% increase from February 2023's figure of 119,081....
https://knews.kathimerini.com.cy/en/business/cyprus-labor-costs-surge-5-4
In the 4th quarter of 2023, the hourly labour costs (total cost) increased by 5.4%, compared with the same quarter of the previous year, according to provisional data, published by the Statistical Service on Tuesday....
https://knews.kathimerini.com.cy/en/business/cyprus-defense-industry-poised-for-growth
In an interview conducted by Kathimerini reporter Andreas Karamitas, Dr. Tasos Kounoudis, President of the Cyprus Association of Research and Innovation Enterprises (CRAI), provided significant insights into the European Union's investment in the defense industry and its implications for Cyprus....
https://knews.kathimerini.com.cy/en/news/us-ambassador-to-greece-wants-more-us-greece-flights
US Ambassador to Greece George Tsunis stressed on Thursday the need for more flights from the United States to all of Greece and in particular Thessaloniki....
https://knews.kathimerini.com.cy/en/news/aid-ship-on-track-to-reach-gaza-before-noon-tomorrow
The World Central Kitchen's vessel, ''Open Arms,'' laden with crucial humanitarian aid bound for Gaza, is proceeding smoothly and is anticipated to reach its destination before noon tomorrow, announced Foreign Ministry spokesman Theodoros Gotsis on Thursday....
https://knews.kathimerini.com.cy/en/news/cyprus-sees-115-surge-in-dialysis-patients
Cyprus is grappling with a concerning rise in the number of patients suffering from end-stage chronic kidney disease, with over 1,200 individuals currently undergoing auxiliary therapy such as hemodialysis or peritoneal dialysis....
https://knews.kathimerini.com.cy/en/business/another-record-year-for-cablenet
For yet another year, Cablenet has achieved double-digit revenue growth. Specifically, in 2023, it reached €74.3 million compared to €63.9 million in 2022...
https://knews.kathimerini.com.cy/en/news/global-diplomatic-accord-for-gaza-aid-fund
In a significant move to bolster humanitarian assistance to Gaza, ministers from Cyprus, the United Arab Emirates, the United Kingdom, Qatar, the United States, and a representative ...
https://knews.kathimerini.com.cy/en/news/weak-low-pressure-brings-mixed-conditions
Today's weather is influenced by a weak low-pressure system. In the western region, the day starts with patchy clouds, which may lead to occasional, light rain showers. However, the rest of the island will enjoy mainly sunny skies....
https://knews.kathimerini.com.cy/en/news/brace-for-a-change-as-this-week-s-weather-is-unpredictable
In today’s weather update, the area begins to feel the effects of weak low pressure, accompanied by some light atmospheric dust expected to clear by tomorrow. Conditions today will be predominantly sunny, with intervals of partly cloudy skies throughout the day. ...
https://knews.kathimerini.com.cy/en/news/is-self-service-security-screening-the-wave-of-the-future
The Transportation Security Administration (TSA) is set to test a self-service screening system at Harry Reid International Airport, challenging the trend of major retailers scaling back on self-checkout options....
https://knews.kathimerini.com.cy/en/news/surging-numbers-of-illegal-residents-deported-in-2024
The Cyprus Police announced on Sunday that a total of 2,247 individuals, found to be residing illegally in Cyprus, have been deported or repatriated from the Republic of Cyprus territory in 2024 until March 8....
https://knews.kathimerini.com.cy/en/news/clear-skies-and-gradual-warming
Expect predominantly clear skies throughout the day. Winds will predominantly blow from the southwest to northwest, maintaining a light breeze at 3 Beaufort. ...
https://knews.kathimerini.com.cy/en/news/cyprus-sees-45-rise-in-vehicle-registrations
Vehicle registrations increased by 45.0% in January-February 2024, according to the Statistical Service of Cyprus report "Registration of Motor Vehicles" for the period January-February 2024....
https://knews.kathimerini.com.cy/en/news/eurobank-cyprus-reports-€199-4m-profits-in-2023
Eurobank Cyprus unveiled its financial results for 2023, boasting a profit of €199.4 million, marking a significant increase of €105.1 million or 111% compared to 2022.
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https://knews.kathimerini.com.cy/en/news/unemployment-rate-drops-while-inflation-inches-up
The latest data from the Cyprus Statistical Service reveals a positive shift in the country's economic landscape, with the unemployment rate falling to 5.9% in the fourth quarter of 2023, compared to 6.9% in the same period the previous year....
https://knews.kathimerini.com.cy/en/news/joint-statement-by-eu-cyprus-uae-us-and-uk-leads-aid-effort-to-gaza
In a joint statement, the European Commission, Cyprus, the United Arab Emirates, the United States, and the United Kingdom have announced the activation of a maritime corridor to provide humanitarian assistance to Gaza....
https://knews.kathimerini.com.cy/en/news/pwc-slow-progress-in-gender-equality-in-the-workplace
To mark International Women’s Day 2024, PwC has released two studies, the Women in Work Index and Inclusion Matters, finding that global progress on achieving gender parity at work continues at a sluggish rate....
https://knews.kathimerini.com.cy/en/news/biden-unveils-plan-for-us-built-gaza-port-to-boost-aid-delivery-from-cyprus
President Joe Biden is set to announce during his State of the Union address that the US military will construct a temporary port in Gaza to facilitate the delivery of humanitarian aid. ...
https://knews.kathimerini.com.cy/en/news/ecb-considers-rate-cut-despite-falling-inflation
The European Central Bank is set to keep interest rates at record highs on Thursday and take baby steps towards cutting them in the coming months as inflation continues to fall despite stubbornly high underlying price pressures....
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....
https://knews.kathimerini.com.cy/en/news/over-400-000-songbirds-killed-in-cyprus-and-sold-for-delicacy
A recent report reveals a disturbing surge in wildlife crime in Cyprus, where over 400,000 songbirds were trapped and killed last autumn....
https://knews.kathimerini.com.cy/en/news/air-china-s-athens-beijing-route-booms-with-128-capacity-increase
Air China and Athens International Airport celebrated on Tuesday the expansion of the Chinese flagcarrier’s scheduled service between Athens and Beijing as of next month, with an extra two flights per week and the use of even greater aircraft on the route....
https://knews.kathimerini.com.cy/en/news/the-shocking-reality-of-students-in-drug-cases-revealed
Evidence of student involvement in drug trafficking and use, leading to a criminal case opened by YKAN, was presented on Wednesday by YKAN's commander, Stelios Aristideou, to the House Legal Affairs Committee....
https://knews.kathimerini.com.cy/en/news/president-christodoulides-stands-firm-on-peace-plan
President Nikos Christodoulides vowed that he will not put before the citizens a peace plan for the Cyprus issue with which he does not agree and expressed once again his readiness to enter into reunification talks based on the agreed framework.
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https://knews.kathimerini.com.cy/en/news/president-christodoulides-candid-year-one-address
In a televised address marking the completion of his first year in office, President Nikos Christodoulides highlighted the achievements and priorities of his administration. Emphasizing transparency and accountability, the President outlined the following key areas of focus:...
