https://knews.kathimerini.com.cy/en/news/cyprus-to-make-swift-decision-on-euroasia-interconnector-participation
Cyprus' decision as to whether it will participate in the EuroAsia Interconnector will be taken once the project study is submitted in mid-November, Minister of Energy, Commerce and Industry George Papanastasiou told CNA....
https://knews.kathimerini.com.cy/en/news/what-s-in-store-at-the-6th-digital-agenda-cyprus-summit-tomorrow
Nicosia is embracing a new identity as it transforms into a global educational and technological hub, thanks to the upcoming 6th Digital Agenda Cyprus Summit in 2023....
https://knews.kathimerini.com.cy/en/news/gates-and-kyriakides-forge-global-health-partnership
In a meeting held on Wednesday (11/10), Bill Gates conferred with EU Health and Food Safety Commissioner Stella Kyriakides. ...
https://knews.kathimerini.com.cy/en/news/government-to-expand-workforce-in-2024
In the 2024 budget, authorities anticipate total general government revenue of €13.2 billion and expenditures of €11.8 billion, resulting in a fiscal surplus of €659 million, equal to 2.2% of GDP. ...
https://knews.kathimerini.com.cy/en/news/iconic-mountain-resort-set-to-regain-its-former-glory
The extensive restoration project of the historic Berengaria Hotel is currently underway, with plans for the iconic hotel to reopen its doors in 2026....
https://knews.kathimerini.com.cy/en/news/andreas-pittatzis-acquitted-now-serving-as-counsel-for-defendant
In a recent legal proceeding involving a criminal case related to the Al Jazeera media network's reporting and events associated with the exceptional naturalization of foreign investors and entrepreneurs, a significant development has occurred....
https://knews.kathimerini.com.cy/en/news/cyprus-gains-vice-presidential-seat-at-european-investment-bank
The European Investment Bank (EIB) appointed for the first time ever a Vice President from Cyprus in its Management Committee....
https://knews.kathimerini.com.cy/en/news/electricity-link-connects-israel-cyprus-crete-and-greece
In a significant development for the energy sector, George Papanastasiou, the Minister of Energy, Trade, and Industry, expressed his warm welcome for the forthcoming implementation of the electricity interconnection project connecting Israel, Cyprus, Crete, and mainland Greece....
https://knews.kathimerini.com.cy/en/news/paphos-sees-increased-security-amid-israeli-investment-boom
Mr. Nicolaou has announced that security measures are being implemented in Jewish spaces across Cyprus, including Paphos....
https://knews.kathimerini.com.cy/en/news/president-vows-to-improve-shipping-registry
The President of the Republic of Cyprus, Nikos Christodoulides, reaffirmed the government’s dedication to enhancing the services provided by the Cypriot Shipping Registry, while addressing on Monday evening a dinner hosted at the Presidential Palace on the occasion of the "Cyprus Shipping 2023" International Conference....
https://knews.kathimerini.com.cy/en/comment/opinion/sales-surge-by-14-2-despite-2022-comparison
In September, traditionally considered the start of the year for many, several significant trends are emerging....
https://knews.kathimerini.com.cy/en/news/christodoulides-celebrates-cyprus-as-a-maritime-powerhouse-at-maritime-cyprus-2023
President Nikos Christodoulides addressed the Maritime Cyprus 2023 Conference in Limassol, highlighting Cyprus as a major ship management center in Europe and worldwide. ...
https://knews.kathimerini.com.cy/en/news/deadly-mirage-for-birds-with-over-1-000-fatal-collisions-in-a-single-day
In a grim escalation of tensions, the Israel Defense Forces (IDF) have accused Hamas of taking "hostages and prisoners of war," according to Brig. Gen. Daniel Hagari, the IDF spokesperson....
https://knews.kathimerini.com.cy/en/news/nicosia-s-walled-city-receives-€220-million-makeover
Over the last 12 years the investment to revitalize the walled city reached 220 million euros in total, Nicosia Mayor, Constantinos Yiorkadjis said on Friday, noting that during this period, projects worth 100 million euros have been completed in the historic centre, while 50 million euros worth of projects are underway....
https://knews.kathimerini.com.cy/en/news/kyriakos-kokkinos-significant-participation-of-start-ups-from-four-countries-in-the-alpha-stage-of-da23
A total of 23 proposals from start-up businesses in Cyprus, Israel, Greece, and the United Kingdom are participating in the Alpha Stage of the Digital Agenda Cyprus Summit....
https://knews.kathimerini.com.cy/en/business/1-real-estate-investment-opportunities-by-astrobank
AstroBank is selling properties in several districts to suit all prospective buyers’ needs, whether for personal use or as an investment. The Bank's portfolio includes houses and apartments, office space, land, and commercial buildings. ...
https://knews.kathimerini.com.cy/en/news/cyprus-banks-secure-moody-s-upgrade-to-investment-status
After 12 years, Moody's has upgraded the ratings of Cyprus' two major banks, Bank of Cyprus and Hellenic Bank, placing them in the investment category....
https://knews.kathimerini.com.cy/en/news/could-kasselakis-be-the-catalyst-for-resolving-the-cyprus-problem
Stefanos Kasselakis, the newly elected President of SYRIZA-Progressive Alliance, is currently on a two-day visit to Cyprus, marking his first international trip since assuming office as the President of SYRIZA-PS....
https://knews.kathimerini.com.cy/en/news/moody-s-boosts-bank-of-cyprus-and-hellenic-bank-ratings-to-baa2
Moody’s Investors Service has upgraded Bank of Cyprus’ and Hellenic Bank’s long-term deposit ratings to Baa3 from Ba1, citing the continued resilience of the Cypriot economy and credit conditions, which are leading to supportive operating conditions for Cypriot banks....
https://knews.kathimerini.com.cy/en/news/ecb-vp-luis-de-guindos-to-address-inflation-and-monetary-policy-in-cyprus
European Central Bank Vice - President, Luis de Guindos, is scheduled to visit Cyprus on Wednesday, at the invitation of the Governor of the Central Bank of Cyprus (CBC), Constantinos Herodotou....
https://knews.kathimerini.com.cy/en/news/finance-ministry-s-new-measures-for-vulnerable-in-the-works
The Finance Ministry is considering new measures to support particularly the vulnerable groups of society amid the continuing pressures from high prices and inflation, Makis Keravnos Minister of Finance said on Monday, adding the measures were in the pipeline irrespective of the rating upgrades by Moody’s and DBRS Morningstar....
https://knews.kathimerini.com.cy/en/business/inflation-fears-and-green-investments
The European Central Bank (ECB) has revised its inflation forecast upward, now predicting that inflation will reach 5.6% in 2023 and 3.2% in 2024. ...
https://knews.kathimerini.com.cy/en/comment/opinion/real-estate-boom-in-greece-and-cyprus
The real estate landscapes of Greece and Cyprus are undergoing significant transformations, with both nations showcasing promising growth and recovery. However, beneath the surface of these top-line numbers, there are underlying challenges and disparities that need to be addressed....
https://knews.kathimerini.com.cy/en/business/moody-s-double-upgrade-ignites-investor-interest
Last Friday, Moody's delivered a double upgrade for Cyprus, propelling the nation into the investment-grade category recognized by all four major financial firms. Although these rankings may appear modest, their real-world impact is substantial....
https://knews.kathimerini.com.cy/en/business/€9-5-million-tourism-investment-shaping-paralimni-s-future
In a significant development within the Famagusta province, specifically in the municipality of Paralimni, a noteworthy €9.5 million investment project is currently underway in the tourism sector....
https://knews.kathimerini.com.cy/en/business/deputy-minister-proposes-joint-tourist-packages-with-saudi-arabia
Cypriot Deputy Minister, Costas Koumis has proposed joint tourist packages between Saudi Arabia and Cyprus, focusing on the Saudi City of Neom which lies about two hours from Cyprus....
https://knews.kathimerini.com.cy/en/news/2024-budget-points-to-surplus-and-debt-reduction
The 2024 budget reflects the clear imprint of our policy priorities, President of the Republic Nikos Christodoulides says in a written statement, adding that the fiscal balance for 2024 is estimated to be surplus, reaching 2.2% of GDP, while the medium-term goal, by 2026, is to reduce public debt to 60%....
https://knews.kathimerini.com.cy/en/news/foreign-buyers-flock-to-cyprus-real-estate
Recent data on property sales in Cyprus reveal distinct trends in different provinces. Notably, the real estate landscape in Nicosia contrasts sharply with that of coastal provinces....
https://knews.kathimerini.com.cy/en/news/war-in-ukraine-nears-potential-dirty-deal-conclusion
Thomas Friedman, American political commentator, author and weekly columnist for The New York Times, tells Kathimerini that the ongoing war in Ukraine will probably be resolved with “a dirty deal” that will include the loss of a part of eastern Ukraine in exchange for Kyiv’s accession to NATO and the European Union....
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-woos-investors-at-london-conference
Last week, the Bank of Cyprus launched a series of engagements with investors, with a particular focus on attracting new stakeholders. This initiative took place during the BofA Merrill Lynch conference, notably at the Annual Financials CEO Conference held in London from last Tuesday to Thursday. ...
