https://knews.kathimerini.com.cy/en/news/aegean-grows-its-fleet-by-placing-a-firm-order-for-8-additional-airbus-a321-neo-aircraft
AEGEAN announces the order of 8 additional A321neo aircraft, thus further expanding for the third time its original agreement with Airbus for A320 / A321neo family aircraft, initially signed in 2018, with the first deliveries starting in 2020....
https://knews.kathimerini.com.cy/en/business/lidl-cyprus-is-a-long-standing-supporter-of-the-cyprus-anti-cancer-society
Lidl Cyprus remains committed to supporting Cypriot society, strengthening the valuable work of the Cyprus Anti-Cancer Society. ...
https://knews.kathimerini.com.cy/en/news/cyprus-housing-is-in-crisis-as-foreign-buyers-take-over-the-market
As housing becomes an increasingly pressing issue for the majority of Cypriots, Parliament is opening up a debate on the surge in real estate purchases by third-country nationals....
https://knews.kathimerini.com.cy/en/news/cyprus-national-guard-to-modernize-with-u-s-arms
The Republic of Cyprus’ formal accession to the U.S. Foreign Military Sales programs, Excess Defense Articles, and Title 10 security assistance programs marks a significant milestone in the strategic strengthening of relations between Nicosia and Washington. ...
https://knews.kathimerini.com.cy/en/business/orthodoxou-aviation-ltd-–-general-sales-representative-of-anima-wings-in-cyprus
We are pleased to announce that starting from May 2024, Orthodoxou Aviation Ltd has been appointed as the General Sales Agent (GSA) of Anima Wings in Cyprus, ...
https://knews.kathimerini.com.cy/en/news/cyprus-eu-anniversary-coins-spark-collector-mania
The Central Bank of Cyprus’ commemorative coins celebrating 20 years since Cyprus joined the European Union have proven to be a hot commodity among collectors....
https://knews.kathimerini.com.cy/en/news/€10-000-raised-at-eureka-marseille-charity-fashion-show-for-preventive-pediatrics
The ''Eureka Marseille Charity Fashion Show'' was held with great success on November 14, 2024, at the Royal Hall in Nicosia, where the venue was packed with attendees. ...
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-real-estate-market-falters-as-october-sales-drop-6
With just two months left in the year, October has shown that, despite some resilience, the market remains unable to inspire optimism. Economic indicators for the average household have not sparked an uptick in investment interest, and the ongoing geopolitical instability is growing....
https://knews.kathimerini.com.cy/en/news/cyprus-sees-€30-million-in-luxury-property-sales-in-september
In September, the ten priciest property sales in Cyprus totaled €30 million, with Limassol dominating the list, accounting for 62% of these high-value transactions....
https://knews.kathimerini.com.cy/en/business/kotsovolos-one-destination-the-full-apple-experience
For those who are looking for the ultimate Apple experience, the answer is simple: Kotsovolos!...
https://knews.kathimerini.com.cy/en/news/property-sales-in-cyprus-hit-€20-9m-in-august-limassol-leads-with-€5-4m-home
The 10 most expensive property sales across Cyprus in August totaled €20.9 million, with the highest transaction being a house in Ayios Tychonas, Limassol, sold for €5.4 million, according to data from Ask Wire....
https://knews.kathimerini.com.cy/en/news/kedipes-extends-business-plan-to-2030-for-full-repayment-of-state-aid
The Cyprus Asset Management Company (KEDIPES) has extended its business plan by three years, pushing its timeline to 2030, with the goal of fully repaying the €3.54 billion in state aid received in 2018....
https://knews.kathimerini.com.cy/en/news/cypriot-loan-servicers-struggle-as-red-loans-hit-€21-2b
While non-performing loans (NPLs) in Cypriot banks are gradually declining, the situation remains dire for "red loans" held by loan acquisition companies, or "servicers." ...
https://knews.kathimerini.com.cy/en/business/sales-of-locally-produced-goods-jump-13-7-in-2022
In 2022, Cyprus saw a big jump in sales from local factories, reaching €4.29 billion, up 13.7% from the previous year’s €3.78 billion, according to the Statistical Service of Cyprus (Cystat)....
https://knews.kathimerini.com.cy/en/business/second-quarter-first-half-2024-financial-results
AEGEAN announces its financial results for the Second Quarter and First Half of 2024.
...
https://knews.kathimerini.com.cy/en/news/illegal-tobacco-smuggling-from-occupied-territories-hits-new-high-in-cyprus
Last Friday, two Cypriots and a British national were apprehended at Paphos Airport with illegal tobacco products valued over €30,000 while attempting to smuggle them into the UK....
https://knews.kathimerini.com.cy/en/news/uber-to-add-100-000-electric-cars-to-its-global-fleet
Uber has announced a deal to integrate 100,000 electric vehicles (EVs) from China's BYD into its global fleet....
https://knews.kathimerini.com.cy/en/news/greek-firms-fuel-business-expansion-across-cyprus
The investment climate in Cyprus has significantly improved since the crisis era of 2013, attracting substantial interest from Greek companies....
https://knews.kathimerini.com.cy/en/business/lidl-s-21st-store-in-paphos-boosts-cyprus-retail-battle
Almost 15 years after Lidl Cyprus entered the Cypriot market, the company is set to open its 21st store in Paphos, specifically in Neon Mall....
https://knews.kathimerini.com.cy/en/news/india-s-arms-sales-to-israel-amid-gaza-conflict-raises-eyebrows
Allegations surrounding India's involvement in supplying arms to Israel during the Gaza conflict have intensified, casting a spotlight on potential implications for both countries....
https://knews.kathimerini.com.cy/en/business/the-$10-billion-plan-to-rebuild-cyprus-s-ghost-town
The Turkish newspaper Sözcü has drawn attention to Varosha, an abandoned area in Famagusta, calling it the "Las Vegas of the Mediterranean." The paper says it would take $10 billion to bring the ghost town back to life after being abandoned for 50 years....
https://knews.kathimerini.com.cy/en/news/agency-reports-strong-start-to-2024-continues-paying-off-state-debt
KEDIPES, Cyprus' state-owned asset management agency, announced a €144 million cash inflow for the first quarter of 2024. The agency also made a €140 million repayment to the state, bringing the total repayment to €1.3 billion since it started in September 2018....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-non-performing-loans-drop-to-lowest-level-in-years
Total non-performing loans (NPLs) to banks have dropped below €2 billion, specifically to €1.9 billion. ...
https://knews.kathimerini.com.cy/en/news/philip-morris-cyprus-opens-its-new-flagship-offices-in-nicosia-advocating-for-a-smoke-free-cyprus
Philip Morris Cyprus has set an ambitious goal to make Cyprus the first smoke-free country in Europe, as announced by the company's General Manager Mr. Stavros Dracularakos at an event celebrating the opening of its new offices in Nicosia....
https://knews.kathimerini.com.cy/en/news/paphos-remains-the-champion-of-property-sales-to-foreign-nationals
Based on the Pancyprian Sales Statistics (excluding Cypriot citizens) Paphos remains the champion city in property sales for the current year 2024......
https://knews.kathimerini.com.cy/en/news/home-prices-surge-in-q4-2023
House prices in Cyprus continued their upward trajectory in the fourth quarter of 2023, with apartment prices being the primary driving force, as per a report released by the Central Bank of Cyprus on Tuesday....
https://knews.kathimerini.com.cy/en/news/cyprus-records-3-2-drop-in-march-fuel-sales
Total sales of petroleum products declined by 3.2% year on year in March with sales amounting to 108,200 tonnes.
...
https://knews.kathimerini.com.cy/en/news/bonnie-tyler-returns-to-cyprus-for-first-concert-in-20-years
Nearly two decades since her inaugural performance on the island, the legendary British songstress Bonnie Tyler is set to make a triumphant return to Cyprus, gracing the stage for a highly anticipated concert in Larnaca....
https://knews.kathimerini.com.cy/en/news/astrobank-s-record-breaking-year-€30-4m-in-profits-for-2023
AstroBank reported Profit After Tax of €30.4 million for 2023, representing a return on equity (RoE) of 13.9%, compared with €12.2 million and RoE of 6.2% for 2022, achieving an increase on profit of 150%, mainly due to increased interest income....
https://knews.kathimerini.com.cy/en/news/deloitte-reveals-steady-surge-in-cyprus-real-estate-transactions
Deloitte issued the Cyprus Real Estate Review, which presents an in-depth analysis of the real estate market in 2023....
