https://knews.kathimerini.com.cy/en/business/pillar-two-readiness-and-technology
As per our previous publications and alerts, we had the opportunity to communicate a significant development - the introduction of BEPS 2.0 Pillar Two or Global Minimum Tax. The European Union unanimously adopted a directive in December 2022 (the ''Minimum Tax Directive''). ...
https://knews.kathimerini.com.cy/en/news/european-parliament-honors-navalny-amidst-food-inflation
The European Parliament will commemorate the life of Russian activist Alexei Navalny, featuring an address by his wife, Yulia Navalnaya, in its plenary session this week in Strasbourg......
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/news/cyprus-the-new-epicenter-of-u-s-military-strategy-in-the-mediterranean
In a significant development, the United States and Cyprus are strengthening their defense and security ties, marking a shift in the geopolitical landscape of the Eastern Mediterranean. ...
https://knews.kathimerini.com.cy/en/news/meet-the-world-s-biggest-anaconda-discovered-in-the-amazon-at-26ft
In a jaw-dropping discovery, the world's largest snake has been unearthed in the depths of the Amazon Rainforest....
https://knews.kathimerini.com.cy/en/news/cyprus-unveils-plans-for-world-s-first-virtual-dance-museum
In the heart of ancient Nicosia, Cyprus, a team of innovative professors and research scientists is making waves in the world of virtual dance. Nestled near the city's medieval wall, they are crafting the largest database of 3D dancers, aiming to establish the world's first virtual museum of dance....
https://knews.kathimerini.com.cy/en/news/germany-legalizes-limited-cannabis-use-joining-global-trend
Germany passed a law on Friday legalizing the cultivation and possession of limited amounts of cannabis, joining a small group of countries and jurisdictions that have taken similar steps....
https://knews.kathimerini.com.cy/en/news/how-cyprus-golden-visa-attracts-investors-from-around-the-world
Investing in Cyprus isn't just about property, it's about embracing a lifestyle bathed in Mediterranean sunshine and reaping the rewards of strategic investment....
https://knews.kathimerini.com.cy/en/news/cyprus-sees-an-18-2-rise-in-crime-cases-in-2022
The number of true crime cases reported to the Police rose by 18.2% in Cyprus in 2022, with the Crime Index expressed in 100,000 inhabitants rising to 584 from 501 in 2021 and 482 the year before.
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https://knews.kathimerini.com.cy/en/business/employers-face-legal-action-if-menopausal-women-s-needs-ignored
In a bid to address workplace challenges faced by menopausal women, the Equality and Human Rights Commission (EHRC) has issued guidance asserting that employers may face legal consequences if they fail to make ''reasonable adjustments.''...
https://knews.kathimerini.com.cy/en/news/asylum-appeals-in-cyprus-skyrocket-to-472
A dramatic increase of 472% in appeals before the Administrative Court of International Protection by asylum seekers and foreigners has been reported between 2020 and 2023,...
https://knews.kathimerini.com.cy/en/news/imperio-leads-cyprus-real-estate-into-green-future-with-first-ever-esg-report
Imperio remains steadfast in its commitment to promote the green transition of Cyprus’ real estate sector – a development that will greatly benefit the sector’s businesses, society, economy, as well as the environment itself, in multiple ways....
https://knews.kathimerini.com.cy/en/news/cyprus-president-to-meet-un-envoy-on-march-11th
Cyprus President Nikos Christodoulides announced that he will meet with the UN Secretary-General's envoy, María Ángela Holguín Cuéllar, on March 11 in Nicosia....
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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https://knews.kathimerini.com.cy/en/news/us-lander-lands-on-moon-giant-leap-for-humanity
In a groundbreaking achievement, the Odysseus lander, owned by Intuitive Machines, successfully landed on the moon's surface, marking the first privately owned craft to accomplish this feat....
https://knews.kathimerini.com.cy/en/business/hellenic-bank-posts-impressive-2023-profit-of-€365-4-million
Hellenic Bank reported a substantial profit of €365.4 million for the year 2023, marking a significant upswing from €21.8 million in 2022. The Return on Tangible Equity (ROTE) for 2023 soared to 28.7%, a stark contrast to the 2.0% recorded in 2022....
https://knews.kathimerini.com.cy/en/news/cyprus-drives-into-the-future-with-adas-ad-for-safer-roads
In Cyprus, a groundbreaking project is quietly reshaping road safety dynamics, blending seamlessly into daily life across the island....
https://knews.kathimerini.com.cy/en/news/leaked-documents-reveal-extent-of-china-s-hacking-operations
A significant data breach has exposed over 570 files and documents related to Chinese hacking activities, shedding light on the scale and effectiveness of China's cyber espionage operations....
https://knews.kathimerini.com.cy/en/news/usa-teens-turn-to-weight-loss-drugs-amid-rising-obesity-rates
In response to escalating obesity rates among teens, some adolescents are turning to powerful weight loss medications, with the American Academy of Pediatrics endorsing their use for those aged 12 and above. ...
https://knews.kathimerini.com.cy/en/news/8-year-old-chess-prodigy-makes-history-defeating-grandmaster
In a groundbreaking achievement, 8-year-old chess prodigy Aswath Kaushik has entered the record books as the youngest player ever to defeat a chess grandmaster. ...
https://knews.kathimerini.com.cy/en/news/eldyk-soldier-loses-arm-in-tragic-training-accident
A 23-year-old soldier from the Cyprus National Guard Emergency Unit (ELDYK) is currently in intensive care at a private hospital after a training accident resulted in the amputation of his right arm and injuries to his eye and face, as per reports....
https://knews.kathimerini.com.cy/en/business/new-award-recognizes-leaders-advancing-gender-equality-in-maritime-sector
The Council of Ministers, responding to a proposal by Deputy Minister of Shipping Marina Hadjimanolis, established an award today to recognize industry executives whose actions fortify efforts to advance gender equality within the shipping sector. ...
https://knews.kathimerini.com.cy/en/news/iconic-pavlidis-mansion-lost-to-devastating-fire
Another historic building in Limassol succumbed to flames on Wednesday morning in the city center. As per the Fire Service reports, the fire ravaged the second floor entirely, causing extensive damage to the first floor....
https://knews.kathimerini.com.cy/en/news/state-court-ruling-may-impact-ivf-procedures-embryo-status-under-review
An Alabama medical center, the University of Alabama at Birmingham (UAB), has ceased all in vitro fertilization (IVF) treatments after a recent court decision categorized embryos as babies....
https://knews.kathimerini.com.cy/en/news/investment-thresholds-in-golden-visa-program-under-review
Reports circulating in the market in recent days regarding the Golden Visa program suggest that the government intends to establish three different investment thresholds, depending on the area where the property in question is located....
https://knews.kathimerini.com.cy/en/news/historic-mansion-reduced-to-ashes-in-devastating-fire-video
A listed neoclassical mansion, the Pavlidis mansion, located in the heart of Limassol's historic center, has been completely destroyed by a fire that erupted around 11:30. The blaze, under investigation for its origin, posed challenges for firefighters due to the city's central location and difficulties in accessing the site....
https://knews.kathimerini.com.cy/en/news/cyprus-firm-on-expanding-russia-sanctions
During the discussion at the European Union's Foreign Affairs Council (FAC) held in Brussels on Monday, Cyprus took a clear stance on the issue of EU sanctions against Russia for its invasion of Ukraine, which marks two years in two days.
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https://knews.kathimerini.com.cy/en/news/investigation-underway-on-mysterious-explosion-in-makedonitissa
Authorities are grappling with the complexities of unraveling the cause behind a powerful explosion that rocked a three-story house in Makedonitissa around 7:00 p.m. on Tuesday....
https://knews.kathimerini.com.cy/en/news/russian-authorities-issue-arrest-warrant-for-navalny-s-brother-possibly-in-cyprus
In the aftermath of the mysterious death of Russian opposition leader Alexei Navalny in a Siberian prison, the Russian authorities have issued an arrest warrant for his brother, Oleg Navalny....
https://knews.kathimerini.com.cy/en/news/london-s-bt-tower-sold-for-£275m-to-become-a-hotel
London's iconic BT Tower, a symbol of the city's skyline since its inauguration by Prime Minister Harold Wilson in 1965, is undergoing a significant transformation. ...