https://knews.kathimerini.com.cy/en/news/1-half-of-container-ships-avoid-red-sea-due-to-attacks
In a dramatic response to mounting security threats, half of the container ships navigating the Red Sea and the Suez Canal are steering clear of the danger zone....
https://knews.kathimerini.com.cy/en/news/houthi-threat-spurs-quick-shield-for-cypriot-ships
The Deputy Ministry of Shipping has taken temporary measures to protect Cypriot ships due to the attacks by Yemen's Houthi movement against ships passing through the Bab-el-Mandeb strait....
https://knews.kathimerini.com.cy/en/business/cyprus-implements-protective-measures-for-ships-amid-houthi-attacks
The Deputy Ministry of Shipping has taken temporary measures to protect Cypriot ships due to the attacks by Yemen's Houthi movement against ships passing through the Bab-el-Mandeb strait between Yemen and northeast Africa leading to the Red Sea, Deputy Minister of Shipping, Marina Hatzimanolis told CNA on Wednesday....
https://knews.kathimerini.com.cy/en/news/life2vec-an-ai-algorithm-predicts-your-future-with-high-accuracy
In a groundbreaking development, scientists have introduced an algorithm named 'Life2vec' that leverages personal life stories to forecast an individual's future, including potential lifespan. ...
https://knews.kathimerini.com.cy/en/news/gesy-surgeons-accused-of-off-system-practices
In recent developments, rumors suggest that doctors within the GESY, particularly those in surgical specialties, may be providing services in non-GESY medical facilities....
https://knews.kathimerini.com.cy/en/business/pwc-cyprus-recognized-for-leading-the-way-in-gender-equality
PwC Cyprus was honored with the renewal of the ''Gender Equality Employer'' Certification at a ceremony held by the Ministry of Labour and Social Insurance on December 15, 2023....
https://knews.kathimerini.com.cy/en/news/labor-minister-responds-to-industry-staff-shortages-urges-caution-in-demands
In response to demands from employer representatives regarding staff shortages in retail, catering, and the hotel industry, Minister of Labour and Social Insurance, Yannis Panagiotou,...
https://knews.kathimerini.com.cy/en/business/greek-retailer-kotsovolos-fined-€2-million-for-misleading-discounts
The Minister of Development, Kostas Skrekas, has levied a 2 million euro fine on the company "Dixons South-East Europe Commercial and Industrial Company of Electrical, Information Technology,...
https://knews.kathimerini.com.cy/en/news/chinese-elite-move-billions-abroad-in-economic-shift
In a remarkable shift this year, affluent Chinese have moved hundreds of billions of dollars out of the country, capitalizing on the end of COVID precautions that had tightly sealed China's borders for nearly three years....
https://knews.kathimerini.com.cy/en/news/cattle-farm-slapped-with-€11-000-fine-over-injury
In a recent development, the I & C Hadjiyiannakou (Farms) Ltd, engaged in cattle farming, faces a €11,000 fine imposed by the Larnaca District Court....
https://knews.kathimerini.com.cy/en/comment/opinion/the-overtime-dilemma-–-george-vassiliou-s-proposal
Only a young John Kapodistrias, with his wit and cunning, can rescue this troubled land from the folly of officials and citizens....
https://knews.kathimerini.com.cy/en/news/aspirin-and-vitamin-d-may-now-be-available-under-gesy
The Health Insurance Organisation (OAY) has suggested adding two more non-prescription medicines (NPSFs) to the General Health Insurance Scheme (GESY)....
https://knews.kathimerini.com.cy/en/business/cyprus-reports-significant-drop-in-joblessness
The latest data released by the District Labour Offices indicate a notable decline in registered unemployment rates for November 2023, both on a monthly and on a yearly basis....
https://knews.kathimerini.com.cy/en/news/citizen-pays-500-euros-fine-in-coins-at-limassol-court
In an extraordinary turn of events at the Limassol Court on Tuesday morning, a routine fine payment took an unexpected and unconventional route, leaving court officials and onlookers in disbelief....
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/news/house-plenary-votes-on-teleworking-bill-what-s-at-stake
In a decisive move, the House plenary convened this afternoon to cast their votes on a groundbreaking teleworking bill, aiming to establish a robust framework for regulating working conditions in the evolving landscape of remote employment....
https://knews.kathimerini.com.cy/en/news/mandatory-insurance-for-doctors-to-ensure-accountability
In a move to address recent legal developments, the Democratic Rally (DISY) party in Cyprus has proposed a law requiring doctors to sign contracts with insurance companies and obtain licenses from the Pancyprian Medical Association....
https://knews.kathimerini.com.cy/en/business/surging-airbnb-revenues-by-27-in-occupied-territories
For 2022 alone, there has been a 27% increase in Airbnb income in the occupied territories, with the annual amount per accommodation reaching 24 thousand....
https://knews.kathimerini.com.cy/en/news/minister-unleashes-4-boost-for-retirees
In a significant move to enhance the well-being of pensioners, Labor and Social Insurance Minister Yiannis Panayiotou declared a nearly 4% increase in basic pensions for the upcoming year....
https://knews.kathimerini.com.cy/en/news/the-mystery-of-cyprus-social-insurance-fund
The Republic of Cyprus achieved its first significant milestone with the establishment of the Social Insurance System, originally introduced during the colonial era. ...
https://knews.kathimerini.com.cy/en/news/minor-driver-caught-without-insurance-in-paphos
On Monday evening, as part of routine traffic controls, the Paphos police made a significant interception in a village within the Paphos district. At approximately 19:20, law enforcement officers stopped a vehicle and made a startling discovery....
https://knews.kathimerini.com.cy/en/business/how-kotsovolos-fits-into-ppc-s-master-plan
The acquisition of "Kotsovolos" propels PPC's transformation into an integrated provider of products and services, reshaping the retail electricity market. By securing "Kotsovolos," PPC gains the means to offer a comprehensive range of services, from electricity and natural gas to cutting-edge energy solutions....
https://knews.kathimerini.com.cy/en/news/fitch-upgrades-hellenic-s-long-term-rating-to-bb-with-stable-outlook
In a recent announcement, Fitch Ratings raised Hellenic Bank's long-term rating from "BB-" to "BB+" and assigned a stable outlook to the bank. The agency also upgraded the bank's Viability Rating (VR) to "bb+" from "bb-."...
https://knews.kathimerini.com.cy/en/business/ey-cyprus-unveils-ey-academy-of-learning-and-development-pioneering-excellence-in-learning-and-development
EY is proud to announce the launch of the EY Academy of Learning and Development. The announcement took place during an exclusive event held on November 2, 2023, at Lemon Park in Nicosia....
https://knews.kathimerini.com.cy/en/news/woman-kills-boyfriend-over-$30m-inheritance
A North Dakota woman fatally poisoned her boyfriend after learning about his plans to dump her — because he had inherited $30 million just hours earlier, police said....
https://knews.kathimerini.com.cy/en/business/1-cablenet-fined-€6-000-for-workplace-safety-violations-leading-to-fatal-injury
In a significant legal ruling, the Larnaca District Court has issued a fine of €6,000 to CABLENET COMMUNICATION SYSTEMS LTD for multiple violations of safety and health regulations. ...
https://knews.kathimerini.com.cy/en/news/healthcare-ethics-scrutinized-as-concerns-arise-over-dual-practice-doctors
Recent speculations have emerged regarding doctors affiliated with the General Healthcare System (GESY), primarily in surgical specialties, who are reportedly providing services in hospitals and clinics outside of the GESY framework....
https://knews.kathimerini.com.cy/en/news/full-basic-pension-exempted-from-actuarial-reduction
The Minister of Labor, Yiannis Panayiotou, presented a proposal at the Social Insurance Council meeting, exempting the full basic pension from a 12% actuarial reduction for employees with 40 years of contributions. This proposal aims to relieve actuarial reductions for early pensions.
...
https://knews.kathimerini.com.cy/en/business/pfizer-doubles-price-of-lifesaving-covid-19-drug-to-$1-390
The price of the lifesaving COVID-19 antiviral medication Paxlovid will more than double as the United States transitions out of the emergency phase of the pandemic, drugmaker Pfizer said Wednesday....
https://knews.kathimerini.com.cy/en/business/cyprus-cracks-down-on-illegal-labor-as-limassol-raids-yield-arrests
In a concerted effort to combat illegal employment and unlawful residence, law enforcement authorities took action yesterday....
