https://knews.kathimerini.com.cy/en/business/kedipes-successfully-sells-€58-4m-portfolio-to-reduce-debt
The Cyprus Asset Management Company (KEDIPES) announced Thursday the successful completion of a sale of performing and restructured loan portfolios to Bank of Cyprus Public Company Limited, with a combined gross book value of €58.4 million as of December 31, 2022....
https://knews.kathimerini.com.cy/en/news/cyprus-rocked-by-abbey-sandal
Cyprus is grappling with the fallout from a series of unsettling revelations involving the Abbey of Avvakum, a scandal that has implicated the state, the Church of Cyprus, and the nation’s political sphere, raising serious questions about oversight, responsibility, and the need for swift action....
https://knews.kathimerini.com.cy/en/news/nicosia-mayor-updates-un-envoy-on-bi-communal-trust-building-projects
Nicosia Mayor Constantinos Yiorkadjis met with UN Secretary General's Personal Envoy María Ángela Holguín Cuéllar during her ongoing visit to Cyprus...
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/the-green-agenda-cyprus-summit-on-may-20th
Digital Agenda Cyprus Summit and the KATHIMERINI newspaper are proud to present the organization of the "Green Agenda Cyprus Summit" on May 20....
https://knews.kathimerini.com.cy/en/business/the-ripple-effect-of-houthi-attacks-on-cyprus-maritime-industry
From super yachts to shipping giants, the Houthi insurgency's impact and sparking a call for global unity.
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https://knews.kathimerini.com.cy/en/news/boeing-whistleblower-found-dead-amid-legal-battle
A former Boeing employee, John Barnett, known for his outspokenness regarding production standards, has been discovered deceased in the United States. ...
https://knews.kathimerini.com.cy/en/business/iconic-cosmetics-brand-shuts-down-us-operations
The Body Shop, a UK-based cosmetics company known for its natural, sustainable, and cruelty-free products, has officially ceased all operations in the United States and is set to close numerous Canadian stores as part of a bankruptcy filing....
https://knews.kathimerini.com.cy/en/news/the-feathered-employees-of-akaki-grove
When Elena Christoforou was five years old, her godfather, who lived in England, had given her a BBC videotape, a series narrated by David Attenborough ...
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/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/cypriot-crew-escapes-houthi-attack-unscathed
Deputy Minister of Shipping Marina Hadjimanolis told CNA that based on the information so far, it seems there are not any Cypriots on the cargo ship True Confidence, which was hit by a missile in the Red Sea....
https://knews.kathimerini.com.cy/en/news/one-in-four-students-in-cyprus-have-been-bullyed
In Cyprus, a troubling rise in bullying is highlighted as a quarter of students admit to being victims, both in physical and online contexts, according to a statement by the "Hope for Children" CRC Policy Center....
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-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:...
https://knews.kathimerini.com.cy/en/news/cyprus-wetlands-under-threat
Kathimerini reporter Pavlos Neophytou delves into the critical challenges facing Cyprus' precious wetlands, where red alerts have recently been issued for the Achna dam and Larnaca salt ponds. ...
https://knews.kathimerini.com.cy/en/business/the-€623-million-windfall-from-cyprus-shipping-industry
Kathimerini reporter Andreas Karamitas dives into the heartbeat of Cyprus' economy - the shipping industry. In a revealing exploration, discover how this vital sector pumped a staggering €623 million into the real economy solely through ship management in 2023. ...
https://knews.kathimerini.com.cy/en/news/vasilikos-scandal-unveiled-€250-000-spent-recommendations-ignored
The decision made by the Nicos Anastasiades government in 2016 to shift away from failed attempts to introduce F.P. by constructing a terminal at Vasilikos initially offered hope for resolving an 11-year dilemma....
https://knews.kathimerini.com.cy/en/business/ey-survey-cybersecurity-tops-global-cros-concerns
EY Global Bank Risk Survey 2023 finds CRO role has expanded and evolved....
https://knews.kathimerini.com.cy/en/news/nicosia-water-board-official-accused-of-sexual-harassment
A senior official at the Nicosia Water Board is under scrutiny following allegations of sexual harassment in multiple incidents....
https://knews.kathimerini.com.cy/en/news/government-celebrates-approval-of-migration-deputy-ministry-bill
''Today is a milestone for our country'' said the Minister of the Interior, Constantinos Ioannou, on Thursday, welcoming the approval of the bill......
https://knews.kathimerini.com.cy/en/news/cyprus-president-s-first-visit-to-netherlands-in-34-years
President of Cyprus Nikos Christodoulides and Dutch Prime Minister Mark Rutte reaffirmed the robust bilateral ties between their nations during a pivotal meeting held in The Hague on Wednesday. ...
https://knews.kathimerini.com.cy/en/news/nineteen-new-private-hospitals-to-transform-health-sector-in-cyprus
Investors have shown interest in the health sector in Cyprus. According to the records, from 2021 until now, there are 12 new private hospitals......
https://knews.kathimerini.com.cy/en/news/prominent-financier-lord-jacob-rothschild-dead-at-87
Financier and member of the Rothschild banking family, Lord Jacob Rothschild, has died at the age of 87, his family has announced....
https://knews.kathimerini.com.cy/en/business/ceos-globally-forecast-increase-in-revenues-profits-and-deal-making-in-2024-as-business-transformation-moves-up-the-agenda
CEOs are optimistic about their ability to drive revenue growth and profitability in 2024 despite global economic headwinds, according to the latest EY CEO Outlook Pulse survey....
https://knews.kathimerini.com.cy/en/news/cyprus-banks-push-for-green-standards-with-esg-certification
Artemis Credit Bureau, a subsidiary of the Association of Cyprus Banks, announced it will launch an interbank project for the corporate certification on ESG (Environmental – Social – Governance) criteria.
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https://knews.kathimerini.com.cy/en/news/crisis-looms-over-vital-energy-project-in-cyprus
In a dramatic turn of events, the consortium behind Cyprus's largest energy project, the Vasilikos F.A. terminal, is sending ominous signals of a possible rupture with the Republic of Cyprus....
https://knews.kathimerini.com.cy/en/business/cyprus-plays-key-role-in-eu-s-operation-aspides
In response to increased threats from the Houthi terrorist group, the European Union has approved the initiation of Operation ASPIDES, aiming to bolster security and freedom for European shipping in the Red Sea. ...
https://knews.kathimerini.com.cy/en/business/ey-seminar-explores-green-tax-impact-on-businesses
EY Cyprus Academy of Learning and Development Organized a Seminar on Sustainability and Green Taxes Affecting Business – As – Usual: The EU Role of Cyprus.
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