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/limassol-woman-robbed-of-staggering-420-000-euros
Authorities in Limassol are on heightened alert following a daring robbery that transpired around noon on Friday (1/3). According to police reports, the incident unfolded in the Germasogeia area, where two individuals on a motorcycle targeted a woman and forcefully seized her bag....
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/business/greece-tops-yachting-visits-yet-revenue-struggles
In the last three years, Greece has become the country with the largest number of yachts (commercial and private) visiting, surpassing traditional leaders in the sector such as France and Italy....
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/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/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/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/news/fbi-informant-in-biden-case-linked-to-russian-contacts
A former FBI informant is facing charges for allegedly concocting a multimillion-dollar bribery scheme implicating Joe Biden, his son Hunter, and a Ukrainian energy company....
https://knews.kathimerini.com.cy/en/news/putin-detains-us-ballerina-for-alleged-$51-high-treason
Vladimir Putin's Federal Security Service has detained Ksenia Karelina, a dual Russian-American ballerina, on suspicion of treason, officials reported Tuesday....
https://knews.kathimerini.com.cy/en/news/surge-in-custody-escapes-sparks-government-response
Once again, the spotlight shines on the issue of escapes from police custody, ignited by the daring getaway of a 17-year-old from the Kokkinotrimithia......
https://knews.kathimerini.com.cy/en/news/cyprus-3-7-greenhouse-gas-increase-stands-out-in-eu
In the third quarter of 2023, greenhouse gas emissions through economic activity had increased by 3.7% in Cyprus and decreased by 7.1%......
https://knews.kathimerini.com.cy/en/news/un-envoy-cuellar-initiates-diplomatic-odyssey-in-cyprus-talks
Maria-Angela Olguin Cuellar has been in Athens since Monday morning, following her departure from Cyprus, where she engaged with key figures including the former President, Nikos Anastasiades......
https://knews.kathimerini.com.cy/en/news/uk-s-tallest-bird-cranes-thrive-with-80-pairs
In a remarkable resurgence, Britain's tallest bird, the crane, has notched up its highest breeding figures since their disappearance from the UK landscape back in the 16th century....
https://knews.kathimerini.com.cy/en/news/ancient-zombie-viruses-stir-beneath-melting-permafrost
In a chilling revelation, scientists have unearthed a concerning array of ancient pathogens from beneath the permafrost in Siberia, indicating a potential threat of a bizarre new pandemic looming on humanity’s horizon....
https://knews.kathimerini.com.cy/en/business/2-january-newsletter-of-k-treppides-co-ltd-cysec
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries. ...
https://knews.kathimerini.com.cy/en/news/businesses-receive-€14-million-in-pandemic-blunder
In an inadvertent error, support payments totaling EUR 13.82 million were extended to 152 cases, failing to meet subsidy criteria under the Plan's terms and conditions. ...
https://knews.kathimerini.com.cy/en/news/dr-george-georgiou-of-unic-awarded-the-cyprus-research-award-–-young-researcher-2023-by-rif
Dr. George Georgiou from the Department of Languages and Literature of the University of Nicosia has been awarded the prestigious ''Cyprus Research Award – Young Researcher 2023'' ...
https://knews.kathimerini.com.cy/en/news/cyprus-backs-un-resolution-condemning-houthi-attacks-on-red-sea-shipping
The Cypriot registry seems to remain unaffected for the time being by the latest developments in the Red Sea......
https://knews.kathimerini.com.cy/en/news/dr-anastasatos-forecasts-bright-future-for-cyprus-economy-in-candid-interview
Eurobank group's chief economist, Dr Tasos Anastasatos, expresses optimism about the Cyprus economy, emphasizing that the decision to expand the group's banking presence in Cyprus is linked to these positive economic prospects....
https://knews.kathimerini.com.cy/en/news/cyprus-real-estate-booms-in-q3-2023
Cyprus experienced a real estate boom in the third quarter of 2023, with housing prices soaring and a surge in demand from both domestic and foreign buyers, according to data released by the Central Bank of Cyprus (CBC) on Wednesday....
https://knews.kathimerini.com.cy/en/news/president-speaks-out-on-turkish-activity-near-buffer-zone
President of Cyprus Nikos Christodoulides said on Wednesday that all measures are being taken by the Republic of Cyprus so that the sense of security of the residents of the areas adjacent to the buffer zone is not affected in any way by the Turkish provocations....
https://knews.kathimerini.com.cy/en/news/an-attack-on-ecuadorian-live-tv-sparks-national-crisis
A dramatic attack unfolded in Ecuador as armed men stormed a TV station during a live broadcast in Guayaquil, leading to the arrest of 13 individuals. ...
https://knews.kathimerini.com.cy/en/business/europe-tightens-rules-on-short-term-rentals-for-sustainable-tourism
The noose has tightened for short-term rentals within European territory, i.e. ''Airbnb'' and other well-known platforms. The aim of the new three rules from the European institutions is to promote more sustainable tourism,...
https://knews.kathimerini.com.cy/en/business/christmas-shopping-sees-supermarket-surge-clothing-decline
Christmas shopping in Cyprus saw contrasting results, with supermarkets experiencing a better turnout compared to the previous year, while clothing and footwear shops faced a decline, except for children's gifts....
https://knews.kathimerini.com.cy/en/news/navigating-the-festive-frenzy
The government is grappling with significant challenges in managing and addressing the housing needs of its building stock....
https://knews.kathimerini.com.cy/en/news/half-of-cyprus-loans-vulnerable-to-euribor-and-ecb-rates
Half of the loans in Cyprus are "vulnerable" to euribor and the European Central Bank's (ECB) key rates. In 2024 and 2025, we may not expect further increases, but rather possible decreases, according to the Central Bank of Cyprus' Financial Stability Report for 2022....
https://knews.kathimerini.com.cy/en/news/un-s-envoy-lands-in-cyprus-for-critical-diplomacy-on-cyprus-problem
In early January, the new Special Envoy of the UN Secretary-General, Maria Angela Holguin Cuellar, will arrive in Cyprus....
https://knews.kathimerini.com.cy/en/news/thousands-flee-as-iceland-s-volcano-roars-to-life
Molten rock is putting on a fiery show in Iceland as a volcano erupts following weeks of seismic activity. The Icelandic Meteorological Office reports lava spewing from a 3.5km crack in the Reykjanes peninsula, triggering rapid growth....
https://knews.kathimerini.com.cy/en/news/tatar-s-plea-to-russia-to-reshape-diplomatic-landscape
"I would like to ask the Russian leadership and the Russian people to reconsider their policy on Cyprus, especially after what happened in Ukraine and what is happening in the world with a multitude of global changes," Turkish Cypriot leader Ersin Tatar told the Russian state news agency TASS - as reported by the latter....
