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12° Nicosia,
22 November, 2024
 

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Displaying results 1-30 of 549 matches for query Upgrade.

1. Road to nowhere as Paphos-Polis project hits a dead end

https://knews.kathimerini.com.cy/en/news/road-to-nowhere-as-paphos-polis-project-hits-a-dead-end

The long-awaited Paphos-Polis Chrysochous road project has hit a major roadblock, with construction halted at just 21% completion and the Republic of Cyprus now facing legal challenges from the former contractor, INTRAKAT. ...

2. Sklavenitis to revamp Papantoniou supermarkets across Cyprus

https://knews.kathimerini.com.cy/en/business/sklavenitis-to-revamp-papantoniou-supermarkets-across-cyprus

In September 2025, the Sklavenitis Cyprus network will officially complete its acquisition of Papantoniou Supermarkets, a move that will significantly reshape the local retail landscape, according to Kathimerini's Dorita Yiannakou....

3. Cyprus reunification 'off the table', says former U.S. Ambassador, warns Europe not to rely on U.S.

https://knews.kathimerini.com.cy/en/news/cyprus-reunification-off-the-table-says-former-u-s-ambassador-warns-europe-not-to-rely-on-u-s

A statesman, a diplomat, and a patriot, John Koenig is the epitome of dedication to service and diplomacy. With a career spanning over three decades, he has served in pivotal roles across the globe, from his time as U.S. Ambassador to Cyprus from 2012 to 2015 to his earlier postings in Belgium, Greece, Indonesia, Italy, and the Philippines. ...

4. Kalopanagiotis and Pissouri named among World’s Best Tourist Villages for 2024

https://knews.kathimerini.com.cy/en/news/kalopanagiotis-and-pissouri-named-among-world-s-best-tourist-villages-for-2024

Two villages from Cyprus, Kalopanagiotis and Pissouri, have been recognized as among the best tourist destinations in the world for 2024 by the World Tourism Organization (UNWTO)....

5. DBRS Morningstar: Cyprus shows strong recovery in tackling bad loans

https://knews.kathimerini.com.cy/en/news/dbrs-morningstar-cyprus-shows-strong-recovery-in-tackling-bad-loans

Cyprus is starting to see some positive shifts in its financial sector, particularly when it comes to tackling non-performing loans (NPLs) – loans that borrowers have stopped paying. ...

6. Staff shortages stall local government reform in Cyprus

https://knews.kathimerini.com.cy/en/news/staff-shortages-stall-local-government-reform-in-cyprus

According to Kathimerini's Pavlos Neophytou, the implementation of Local Government Reform in Cyprus faces critical staffing and operational challenges, especially in development licensing within Provincial Local Authorities (PLAs). ...

7. Larnaca and Paphos airports to handle 17.5 million passengers annually

https://knews.kathimerini.com.cy/en/news/larnaca-and-paphos-airports-to-handle-17-5-million-passengers-annually

The deal to hand over Larnaca and Paphos airports to Hermes Airports Ltd is nearly sealed, as the company moves toward......

8. Horizon aircraft’s unique shape offers more room for passengers

https://knews.kathimerini.com.cy/en/news/horizon-aircraft-s-unique-shape-offers-more-room-for-passengers

As global demand for air travel grows, carbon emissions from aviation have risen faster over recent decades than those from rail, road, or maritime transportation. ...

9. Biden backs Cyprus unity, recalls ''sad'' 50-year division in White House meeting

https://knews.kathimerini.com.cy/en/news/biden-backs-cyprus-unity-recalls-sad-50-year-division-in-white-house-meeting

Cyprus President Nikos Christodoulides met with U.S. President Joe Biden at the White House on Monday, marking a major milestone in U.S.-Cyprus relations and emphasizing renewed U.S. support for a bizonal, bicommunal federation as a solution to the Cyprus issue....

10. Cyprus gains investor confidence as economic reforms and US ties bolster growth

https://knews.kathimerini.com.cy/en/news/cyprus-gains-investor-confidence-as-economic-reforms-us-ties-bolster-growth

International investors have shown sustained confidence in Cyprus’ economy and business ecosystem, recognizing the country as a stabilizing force in the region......

11. Government announces new measures to help vulnerable households

https://knews.kathimerini.com.cy/en/news/government-announces-new-measures-to-help-vulnerable-households

In a bid to ease energy expenses for vulnerable groups and promote sustainable housing solutions, the Cabinet approved a set of medium-term measures during its meeting on Tuesday, chaired by President Nicos Christodoulides....

12. Cyprus Foreign Minister optimistic about upcoming US meeting

https://knews.kathimerini.com.cy/en/news/cyprus-foreign-minister-optimistic-about-upcoming-us-meeting

Foreign Affairs Minister Constantinos Kombos has stated that the upcoming meeting between the Presidents of the United States and Cyprus in Washington will hold significant symbolic and political weight. ...

13. EU pushing for economic ties with Turkey, but where does that leave Cyprus?

https://knews.kathimerini.com.cy/en/news/eu-pushing-for-economic-ties-with-turkey-but-where-does-that-leave-cyprus

According to Kathimerini's Pavlos Xanthoulis, Brussels and Berlin are working to upgrade the Turkish Customs Union, viewing it as a pathway to strengthen economic ties with Turkey. ...

14. Cyprus achieves first A-level credit rating in major milestone

https://knews.kathimerini.com.cy/en/business/cyprus-achieves-first-a-level-credit-rating-in-major-milestone

Scope Ratings has upgraded Cyprus's credit rating to A- from BBB+, marking the country's first A-level rating from a major credit agency....

15. President unveils €30 million plan to revitalize Troodos region

https://knews.kathimerini.com.cy/en/news/president-unveils-€30-million-plan-to-revitalize-troodos-region

President Nikos Christodoulides has unveiled a comprehensive plan aimed at revitalizing the Troodos mountainous region, with more than 20 major projects and policy actions set to be implemented. ...

16. 18% of Cypriot businesses hit by cyberattacks in 2023

https://knews.kathimerini.com.cy/en/news/18-of-cypriot-businesses-hit-by-cyberattacks-in-2023

In 2023, nearly one in five businesses in Cyprus reported experiencing a cyberattack, according to a recent survey by the Cyprus IT Enterprises Association (CITEA)....

17. IMF raises Cyprus' growth forecast for 2024

https://knews.kathimerini.com.cy/en/news/1-imf-raises-cyprus-growth-forecast-for-2024

The International Monetary Fund (IMF) has raised its forecast for Cyprus's economic growth in 2024 from 2.7% to 3.3%. This updated prediction comes from the IMF's October World Economic Outlook report released on Tuesday....

18. Public sector salaries to increase by 1.5% starting October 2024

https://knews.kathimerini.com.cy/en/news/public-sector-salaries-to-increase-by-1-5-starting-october-2024

Cyprus' House of Representatives has passed an agreement between the government and trade unions to implement a general 1.5% wage increase for public......

19. Disputes delay Pafos-Polis Chrysochous motorway project

https://knews.kathimerini.com.cy/en/business/disputes-delay-pafos-polis-chrysochous-motorway-project

In today's Oikonomiki, Dorita Yiannakou reports that the ongoing dispute between the Greek construction company Intrakat and the State over the Pafos-Polis Chrysochous motorway project has led to a stalled construction timeline and potential penalties. ...

20. Freedom Holding Corp. marks 5th anniversary of Nasdaq IPO with significant growth milestones

https://knews.kathimerini.com.cy/en/business/freedom-holding-corp-marks-5th-anniversary-of-nasdaq-ipo-with-significant-growth-milestones

Freedom Holding Corp. (FRHC) is celebrating the fifth anniversary of its IPO on the Nasdaq Capital Market, one of the world’s leading stock exchanges. ...

21. Delays hit €85 traffic fine reduction law

https://knews.kathimerini.com.cy/en/news/delays-hit-€85-traffic-fine-reduction-law

Three months after the unanimous approval by Cyprus’ Parliament to reduce fines for traffic violations caught by stationary cameras, the law has yet to be implemented. ...

22. France offers deals to win Cyprus defense contracts

https://knews.kathimerini.com.cy/en/news/france-offers-deals-to-win-cyprus-defense-contracts

According to Apostolos Tomaras in this Sunday's Kathimerini, France is working to maintain a strong foothold in Cyprus' National Guard as the Republic of Cyprus upgrades its military arsenal....

23. Limassol and Larnaca set for greener urban transport

https://knews.kathimerini.com.cy/en/news/limassol-and-larnaca-set-for-greener-urban-transport

Cyprus has officially launched its Sustainable Urban Mobility Plans (SUMP) for Limassol and Larnaca, making a significant step towards the the country’s transition towards greener, more accessible urban spaces....

24. Digital Transformation OR Vanish!

https://knews.kathimerini.com.cy/en/business/digital-transformation-or-vanish

Historically our world has experienced significant eras spanning from the medieval eras, Renaissance, Scientific Revolution, Industrial Revolution, World War Era and others....

25. Health Minister highlights breast cancer screening upgrades

https://knews.kathimerini.com.cy/en/news/health-minister-highlights-breast-cancer-screening-upgrades

President Nikos Christodoulides announced the addition of three new cancer screening programs for both men and women during his address at the 20th annual "Pink Silhouette Walk" organized by Europa Donna Cyprus, in Nicosia, on Saturday, in a bid to raise awareness on breast cancer. ...

26. Education Ministry expands security guard program to all high schools

https://knews.kathimerini.com.cy/en/news/education-ministry-expands-security-guard-program-to-all-high-schools

The Government has decided to place security guards in all high schools across the country, Education Minister Athena Michaelidou announced today....

27. Cyprus credit rating upgrade: A boon for investors, but what about citizens?

https://knews.kathimerini.com.cy/en/business/cyprus-credit-rating-upgrade-a-boon-for-investors-but-what-about-citizens

Cyprus has recently received good news from the credit rating agency Capital Intelligence (CI), which upgraded the country’s credit ratings, according to Kathimerinni's Dorita Yiannakou. ...

28. Cyprus' credit rating upgraded due to strong economy and lower debt

https://knews.kathimerini.com.cy/en/news/cyprus-credit-rating-upgraded-due-to-strong-economy-and-lower-debt

Rating Agency Capital Intelligence Ratings (CI) has upgraded Cyprus’ Long-Term Foreign Currency Rating (LT FCR) and Short-Term FCR (ST FCR) to ‘BBB’ and ‘A2’, respectively, from ‘BBB-’ and ‘A3’, maintaining a positive outlook....

29. Moody’s sees positive outlook for Hellenic Bank following Eurobank deal

https://knews.kathimerini.com.cy/en/news/moody-s-sees-positive-outlook-for-hellenic-bank-following-eurobank-deal

Moody’s upgraded Hellenic Bank’s credit rating to Baa2 from Baa3 on Wednesday, citing the recent acquisition of a 56% stake by Eurobank S.A. The agency also revised the bank's outlook to positive. ...

30. Cyprus puts cancer battle at the heart of 2026 EU Council Presidency

https://knews.kathimerini.com.cy/en/news/cyprus-puts-cancer-battle-at-the-heart-of-2026-eu-council-presidency

Deputy Minister for European Affairs Marilena Raouna has said that as Cyprus prepares to undertake its second Presidency of the Council of the EU in January 2026......

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