https://knews.kathimerini.com.cy/en/news/erc-s-€628m-investment-sparks-scientific-renaissance-among-young-scholars
The European Research Council (ERC) has announced today the winners of the latest round of its Starting Grants....
https://knews.kathimerini.com.cy/en/business/fattal-group-acquires-yet-another-holiday-property-in-cyprus
The facelift at Elias Latsi Holiday Village Resort is progressing smoothly, thanks to the recent positive response from the Environmental Authority....
https://knews.kathimerini.com.cy/en/news/recovery-and-resilience-measures-target-non-performing-loans
In a move to address Non-Performing Loans (NPLs) and maximize European funds, Minister of Finance, Makis Keravnos, announced the approval of an action plan under the Recovery and Resilience Plan. ...
https://knews.kathimerini.com.cy/en/business/new-student-dorms-to-transform-old-town-nicosia
The Mayor of Nicosia, Constantinos Yiorkadjis, and the director of the company "OIKODOMIKES EPICHEIRISEIS STAVROS A. STAVROU LTD" have signed contracts for the construction of new student dormitories in the city....
https://knews.kathimerini.com.cy/en/business/consulco-london-credit-fund-s-new-investment-opportunity-secured-against-uk-commercial-properties
The London Credit Fund New Compartment offers even higher returns to investors....
https://knews.kathimerini.com.cy/en/business/cyprus-boosts-energy-sector-with-€104m-revamp
The Republic of Cyprus has submitted a revised Recovery and Resilience Plan to the European Commission, incorporating the REPower EU chapter with an additional allocation of €104 million....
https://knews.kathimerini.com.cy/en/news/former-finance-minister-continues-to-question-euroasia-project
Former Finance Minister Constantinos Petrides has returned to the issue of the Eurasia Interconnector, expressing concerns and raising important questions. In a post on the "X" platform, he highlighted the need for transparency and clarity surrounding this significant and costly project....
https://knews.kathimerini.com.cy/en/news/hellenic-bank-reports-impressive-profit-surge-of-€160-2-million
Hellenic Bank had a really good financial run in the first half of 2023. They made a profit of €160.2 million, which is a huge jump of 203% compared to last year at the same time....
https://knews.kathimerini.com.cy/en/news/china-s-$10-trillion-hidden-debt
For some time now, markets have been buffeted almost on a daily basis by gloomy economic news filtering out of China....
https://knews.kathimerini.com.cy/en/business/leonid-radvinsky-the-mastermind-behind-onlyfans
The profits of the OnlyFans platform have seen a remarkable surge over the past year, and recent revelations of its owner pocketing over $300 million (€278 million) in dividends have sparked fresh inquiries into the leader behind this adult content platform....
https://knews.kathimerini.com.cy/en/news/paphos-grants-honorary-citizenship-to-senator-menendez
In a distinguished ceremony held on August 25, 2023, at the grandeur of Paphos Town Hall, the Municipality of Paphos conferred the title of honorary citizen upon esteemed US Senator Robert Menendez....
https://knews.kathimerini.com.cy/en/news/astrobank-offers-diverse-properties-for-sale-across-cyprus
AstroBank, a prominent financial institution in Cyprus, has unveiled an array of properties available for purchase across the country....
https://knews.kathimerini.com.cy/en/news/eurobank-acquires-17-3-stake-in-hellenic-bank-for-€167-9-million
The Eurobank has agreed to acquire an additional stake of around 17.3% (equivalent to 71,428,572 shares) in the Hellenic Bank at a total price of 167.9 million euros, or 2.35 euros per share. ...
https://knews.kathimerini.com.cy/en/news/brexit-7-000-finance-jobs-moved-overseas
Dublin, Frankfurt and Paris are vying for a share of the financial services markets once dominated by London....
https://knews.kathimerini.com.cy/en/business/eurobank-secures-full-control-of-hellenic-with-pimco-share-acquisition
Eurobank has successfully acquired all shares of Pimco in Hellenic Bank for €167.9 million, equivalent to €2.35 per share, solidifying its position as the predominant shareholder....
https://knews.kathimerini.com.cy/en/news/high-tech-centers-personalizes-scans-with-ai
Diagnostic tests are a crucial factor in seeking medical care as they provide doctors with a well-informed view of the patient's condition....
https://knews.kathimerini.com.cy/en/news/diaspora-conference-kicks-off-with-over-300-delegates
The World Conference of Cyprus Diaspora has commenced, gathering more than 300 delegates from various corners of the world. The event, which began on Tuesday afternoon, is scheduled to run until August 25th....
https://knews.kathimerini.com.cy/en/comment/opinion/energy-gamble-or-gain-cyprus-big-plans-under-scrutiny
The reluctance of the European Investment Bank (EIB) to financially support a part of the project, such as the Israel-Cyprus-Greece electric cable, should strongly concern Cyprus regarding its energy plans. ...
https://knews.kathimerini.com.cy/en/business/euroasia-interconnector-seeks-alternative-funding
The developer of the EuroAsia Interconnector is seeking alternative funding avenues to construct Cyprus' electricity interconnection with the European Union, following the European Investment Bank's rejection of a loan request. ...
https://knews.kathimerini.com.cy/en/business/fattal-group-acquires-grand-resort-hotel
The Israeli hospitality conglomerate, Fattal Hotel Group, is continuing its expansion in Cyprus by acquiring the five-star GrandResort hotel in Limassol, according to an announcement by Invest Cyprus. ...
https://knews.kathimerini.com.cy/en/business/hotel-bookings-hits-95-in-august-says-pasyxe-president
President of Cyprus Hotels Association (PASYXE) Thanos Michaelides has told CNA that the current tourist period is on a good track, however, the season must be over in order to assess the situation....
https://knews.kathimerini.com.cy/en/news/scientists-uncover-ultra-strong-lightweight-material
Galvorn is stronger than steel, lighter than aluminum, and has the conductivity of copper, according to an article on LinkedIn....
https://knews.kathimerini.com.cy/en/news/nearly-7-000-property-purchase-permits-granted-in-2-5-years
In the span from January 2021 to August 2023, approximately 6,958 foreigners were given the authorization to acquire real estate within the occupied territories, as reported by ''official'' data, according to a Yeni Dusen report....
https://knews.kathimerini.com.cy/en/news/$235m-air-force-project-next-gen-plane-prototype
Most large airplanes are tubes with wings and a tail section attached. Blended-wing planes are designed with the body and wings being one piece....
https://knews.kathimerini.com.cy/en/news/cyprus-corruption-figures-return-to-court
On September 12, 2023, the four accused individuals will once again appear before the Nicosia District Court in Cyprus....
https://knews.kathimerini.com.cy/en/business/investment-fund-assets-surge-by-almost-€1-billion-in-2023
Total assets of investment funds in Cyprus increased almost by a billion in June 2023 compared to December 2022....
https://knews.kathimerini.com.cy/en/news/museum-curator-sacked-for-selling-priceless-artifacts-on-ebay
A member of staff who was allegedly stealing priceless items from the British Museum was named to bosses three years ago - after they went up for sale on eBay....
https://knews.kathimerini.com.cy/en/news/water-stress-looms-over-cyprus-as-part-of-global-crisis
Cyprus is among the 25 countries facing extremely high water stress each year, the World Resources Institute (WRI) said in a recent study. In total, these countries are home to a quarter of the Earth's population, while at least 50% of the world's population - some 4 billion people - is under highly water-stressed conditions for at least one month of the year....
https://knews.kathimerini.com.cy/en/news/eu-s-solar-climb-to-2030-green-triumph
The rapid expansion of solar power is propelling most EU countries toward achieving their 2030 renewable energy goals ahead of schedule, according to new data. This development is boosting optimism in global emission reduction efforts....
https://knews.kathimerini.com.cy/en/news/cyprus-faces-deceleration-amid-inflation-and-rising-rates
Cyprus' economy experienced a slowdown in the second quarter of 2023, prompting inquiries about the situation. According to the preliminary estimate provided by the Statistical Service, ...