https://knews.kathimerini.com.cy/en/news/famagusta-s-tourism-success-development-struggles
Famagusta Province in Cyprus boasts the highest tourism revenue contribution nationwide, but falls short in infrastructure development and enhancement projects....
https://knews.kathimerini.com.cy/en/news/reduced-vat-for-homebuyers-within-12-months
The parliament has passed a law enabling beneficiaries to apply for a reduced 5% VAT rate within a year of acquiring a residence....
https://knews.kathimerini.com.cy/en/business/alternative-investments-and-portfolio-diversification
In contrast to traditional investments in stocks and bonds, portfolios incorporating alternative investments have historically offered higher returns, a trend that has become more prevalent in recent years. ...
https://knews.kathimerini.com.cy/en/news/less-talk-more-action
The government seems to have adopted a new strategy when it comes to addressing the growing issue of migration flows. Rather than discussing it publicly, there appears to be a preference for silence among government officials...
https://knews.kathimerini.com.cy/en/news/let-s-bring-on-the-sunshine
As we kick off this fabulous Friday, it's time to dust off those sunglasses and get ready for a weekend filled with sunshine and good vibes! We've got the scoop on the weather ahead,...
https://knews.kathimerini.com.cy/en/news/israel-strikes-iran-air-defenses-activated-amid-rising-tensions
Iran has fired air defense batteries amid reports of explosions near a major airbase in Isfahan province, according to state media, amidst escalating tensions following Iran’s retaliatory strike on Israel following an attack against its consulate in Syria....
https://knews.kathimerini.com.cy/en/life/cyprus-expected-to-captivate-at-venice-art-biennale
Cyprus is set to make its mark at the prestigious 60th International Exhibition of Contemporary Art – Venice Art Biennale, slated to run from April 20 to November 24, 2024. ...
https://knews.kathimerini.com.cy/en/news/indonesian-volcano-raises-tsunami-alarm-echoes-past-tragedy
Thousands of residents have been evacuated from their homes following a series of eruptions from the Ruang volcano on Sulawesi island in Indonesia....
https://knews.kathimerini.com.cy/en/news/iran-israel-tensions-economists-warn-of-global-market-turbulence
As tensions simmer between Israel and Iran following recent Iranian attacks, economists are closely monitoring the potential implications for global markets....
https://knews.kathimerini.com.cy/en/news/cyprus-on-alert-as-500-migrants-intercepted
Authorities in Cyprus are keeping a close eye on the situation after intercepting five boats carrying about 500 migrants from Lebanon. To tackle the influx, Cypriot patrols have been stepped up in the waters bordering Lebanon. ...
https://knews.kathimerini.com.cy/en/news/aegean-airlines-acquires-longer-range-fleet
Aegean Airlines seeks to strengthen its footprint in new markets, which show double-digit growth rates, through the delivery, in 2026 and 2027, in the first phase, of four Airbus A321neo aircraft which are specially configured and upgraded....
https://knews.kathimerini.com.cy/en/news/aptera-s-solar-car-prototype-moves-closer-to-completion
In a monumental stride towards realizing its vision, Aptera, the manufacturer of the highly anticipated solar-powered car, recently welcomed the arrival of its first production-grade body at its headquarters in San Diego....
https://knews.kathimerini.com.cy/en/news/imf-predicts-growth-and-lower-unemployment-rates
The Ministry of Finance welcomed, in a press release on Wednesday, the new estimates for Cyprus by the International Monetary Fund (IMF) as part of the World Economic Outlook (WEO)....
https://knews.kathimerini.com.cy/en/business/2-agricultural-land-for-sale-by-astrobank
AstroBank has listed for sale large parcels of agriculture land in various parts of Cyprus....
https://knews.kathimerini.com.cy/en/news/eu-leaders-strategize-on-middle-east-issues-and-turkey-relations
President of the Republic Nikos Christodoulides will pay an official visit to Lebanon together with President of the European Commission......
https://knews.kathimerini.com.cy/en/news/sunny-skies-and-sudden-showers
Get ready for a whimsical weather adventure! Today's forecast calls for mainly sunny skies, but brace yourself for scattered clouds rolling in by afternoon.
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https://knews.kathimerini.com.cy/en/business/tensions-mount-over-great-sea-interconnector
The Greek Energy Minister, Theodoros Skylakakis, expressed frustration at the Delphi Economic Forum regarding the tactics employed by the Cypriot government concerning the final investment decision on the Great Sea Interconnector power cable. ...
https://knews.kathimerini.com.cy/en/news/migration-tops-cypriot-concerns-in-eu-election-prep
In less than two months, Cyprus gears up for not only local elections but also European Parliament elections, with a Eurobarometer survey revealing key concerns and priorities among Cypriot voters....
https://knews.kathimerini.com.cy/en/business/greek-workers-strike-paralyzes-transport-services
In Greece, transport services came to a standstill on Wednesday as workers across various sectors participated in a 24-hour strike, demanding higher pay to offset the increasing cost of living...
https://knews.kathimerini.com.cy/en/news/4-000-lives-lost-in-a-single-blast
In the midst of conflict, even the most unexpected victims are not spared from tragedy, as evidenced by the devastating impact on IVF embryos in Gaza. ...
https://knews.kathimerini.com.cy/en/news/healthier-ready-to-eat-meals-could-slash-eu-emissions-by-48m-tonnes
Healthier ready-to-eat meals could cut EU emissions by 48m tonnes annually and save customers €2.8bn (£2.4bn) each year, as well as reducing disease, a report has found....
https://knews.kathimerini.com.cy/en/news/cyprus-public-debt-declines-economic-outlook-brightens
According to a report by Panayiotis Rougalas, Cyprus is seeing a promising reduction in its public debt, with figures suggesting a return to 2019 levels....
https://knews.kathimerini.com.cy/en/news/drug-enforcement-cops-send-420-youths-to-rehab
Between 2021 and 2024, YKAN, Cyprus' drug enforcement agency, facilitated rehabilitation treatment programs for 420 young individuals, the majority of whom were students. ...
https://knews.kathimerini.com.cy/en/life/olympic-flame-lit-in-ancient-olympia-embarks-on-journey-to-paris
The Olympic Flame embarked on its journey from Ancient Olympia, marking the Lighting Ceremony for the 33rd Olympic Games 2024, set to be hosted in Paris from July 26 to August 11....
https://knews.kathimerini.com.cy/en/news/eu-champions-ocean-health-with-$3-71-billion-investment
The European Union will spend 3.5 billion euros ($3.71 billion) to protect the ocean and promote sustainability through a series of initiatives this year, the EU’s top environment official said on Tuesday.
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https://knews.kathimerini.com.cy/en/news/dubai-hit-by-two-years-worth-of-rain-in-a-single-day
In an unprecedented event, Dubai experienced torrential rainfall equivalent to two years' worth of precipitation in just one day, leading to severe flash flooding that brought the city to a standstill....
https://knews.kathimerini.com.cy/en/news/middle-east-conflict-fuels-fear-of-$100-per-barrel
The recent Iranian attack on Israel serves as a stark reminder of the ever-shifting geopolitical dynamics in the Middle East, with potential ramifications extending......
https://knews.kathimerini.com.cy/en/news/mostly-clear-skies-ahead
Today's forecast brings a mix of sunshine and gentle breezes across the region. Expect clear conditions with winds shifting from northeast to southeast, starting off light and picking up to a moderate breeze....
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/four-seasons-yachts-plans-130-port-visits-in-30-countries
In the bustling cruise market, Four Seasons Yachts has made a splash, unveiling its inaugural vessel flaunting 95 opulent suites and set to embark on its maiden voyage come January 2026....
