https://knews.kathimerini.com.cy/en/business/cyprus-hotels-expect-august-rebound-85-90-occupancy-forecasted
The occupancy of hotels in July was between 80%-85% and better results are expected for August, when occupancy rates could reach 85%-90% the Head of the Cyprus Hotels Association (PASYXE) Thanos Michaelides told the Cyprus News Agency....
https://knews.kathimerini.com.cy/en/news/tourism-sets-record-revenue-with-fewer-arrivals
The latest data on tourism revenues for the month of May has brought encouraging news for the tourism sector, signaling positive effects on the Cypriot economy....
https://knews.kathimerini.com.cy/en/business/pfizer-s-value-sinks-$144b-on-covid-changes
Pfizer has lost $88billion in market share and $144billion in value since its market peak in just one year as the drugmaker suffers a major hangover from the success of its COVID vaccine....
https://knews.kathimerini.com.cy/en/news/pafos-fc-brazilian-footballer-accused-of-match-fixing
Cyprus is currently at the center of an international sports scandal involving a Brazilian football player named Alef Manga, who is 28 years old....
https://knews.kathimerini.com.cy/en/news/strongest-work-from-home-rights-for-australians
Before COVID-19 sent one-third of the global workforce home, the Melbourne property surveyor that employs drone operator Nicholas Coomber called its 180-strong staff into the office every day at 9 a.m. to hand out assignments....
https://knews.kathimerini.com.cy/en/news/200-delegates-missing-at-lisbon-s-world-youth-day
About 200 Angolans and Cape Verdeans didn’t show up to their delegations to participate in World Youth Day, which runs until Sunday in Lisbon....
https://knews.kathimerini.com.cy/en/news/fake-rental-contract-lands-woman-in-custody
The Police in Limassol are investigating a case of fraud and embezzlement involving false representations and money transfers. They have arrested a suspect in connection with the case....
https://knews.kathimerini.com.cy/en/news/chinese-capital-hit-by-deadly-floods-20-dead-27-missing
Torrential rain in areas around China's capital, Beijing, killed at least 20 people and left 27 missing, the government reported Tuesday, as flooding destroyed roads, uprooted trees, and knocked out power.
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https://knews.kathimerini.com.cy/en/news/dua-lipa-s-levitating-sued-in-court
Dua Lipa’s hit song ‘Levitating’ is back in court....
https://knews.kathimerini.com.cy/en/business/ahoy-ayia-napa-rhapsody-of-the-seas-unleashes-3-000-tourists
Cruise ship Rhapsody of the Seas, of the Royal Caribbean group, with 3,000 people onboard docked on Thursday in Ayia Napa Marina on the southeast coast of the island....
https://knews.kathimerini.com.cy/en/news/cyprus-universities-earn-impressive-global-rankings
The countdown begins for the new academic year 2023-2024, and university helplines are buzzing with inquiries about registrations, place reservations, and freshmen curriculums. By the end of this month, the allocation of freshmen to universities will be clarified, as the Ministry of Education expects around 3,000 candidates...
https://knews.kathimerini.com.cy/en/news/german-metal-festival-asks-for-car-free-commute
The organizers of Wacken Open Air, a hard rock and metal festival in northern Germany, have asked visitors to leave their heavy metal at home. They issued a travel ban Tuesday for ticket-holders with cars and trucks due to the muddy terrain of the festival grounds....
https://knews.kathimerini.com.cy/en/business/corporate-loans-above-€1-million-surge
The net new loans (excluding restructurings) in Cyprus amounted to €1.73 billion in the first half of 2023, showing a slight annual increase of 1.26%. The continuous interest rate hikes by the European Central Bank significantly slowed down the granting of housing loans....
https://knews.kathimerini.com.cy/en/news/cyprus-leads-the-way-in-eu-internet-accessibility
Recent statistics shared by Eurostat, the statistical service of the EU, highlight Cyprus as one of the countries with the lowest percentage of people unable to afford an internet connection in the EU....
https://knews.kathimerini.com.cy/en/news/€1-000-per-person-lost-as-cyprus-grapples-with-food-waste-dilemma
According to the recently released socio-economic impact report by the FOODprint campaign, households in Cyprus generate nearly 48,000 tonnes of food waste annually. ...
https://knews.kathimerini.com.cy/en/news/14-migrants-enter-cyprus-illegally
Early on Wednesday morning, a group of undocumented immigrants arrived in the coastal area of Paphos....
https://knews.kathimerini.com.cy/en/business/eurobank-cyprus-reports-soaring-profits-amid-rising-interest-rates
Eurobank Cyprus posted soaring profitability after tax for the first half of 2023 with net profits approaching the profitability of full year 2022, due to rising interest rates and the high remuneration of its liquidity held at the ECB....
https://knews.kathimerini.com.cy/en/news/death-linked-to-bottled-water-a-tragic-case
"The bottled water he drank in Paphos (combined with the inadequate medical care he received) was the reason for the infection that caused his death."
Vacation Tragedy: Bottled Water and Medical Error Led to UK Tourist's Death"
Subtitle: "Coroner's Inquest Reveals Untreated Water Contamination and Medication Mishap"...
https://knews.kathimerini.com.cy/en/news/fuel-companies-announce-significant-price-hikes
Looking at the average prices across Cyprus, we found that the average price of unleaded 95 petrol increased yesterday afternoon, Tuesday, compared to the morning, and now stands at 1.5 euros per liter....
https://knews.kathimerini.com.cy/en/news/trump-faces-indictment-over-2020-election
Donald Trump was indicted on felony charges Tuesday for working to overturn the results of the 2020 election in the run-up to the violent riot by his supporters at the U.S. Capitol, with the Justice Department acting to hold him accountable for an unprecedented effort to block the peaceful transfer of presidential power and threaten American democracy....
https://knews.kathimerini.com.cy/en/news/interior-minister-says-barbed-wire-plan-impractical-and-politically-risky
In a recent statement, Interior Minister Constantinos Ioannou deemed the idea of placing barbed wire along the Green Line to handle migrant flows as practically impossible and politically dangerous. ...
https://knews.kathimerini.com.cy/en/business/southern-europe-shines-as-affordable-summer-haven
In an analysis by Allianz Research, holidays in southern European countries retain their cost advantage over other "competitive" summer destinations worldwide, despite rising expenses. ...
https://knews.kathimerini.com.cy/en/news/finland-stops-visa-processing-in-russia
The Finnish authorities have announced that the country will no longer accept visa and residence permit applications at the VFS center in Saint Petersburg from August 1, 2023....
https://knews.kathimerini.com.cy/en/news/prices-of-homes-and-apartments-up-7-7-annually
The rise recorded in the housing market in Cyprus during the first quarter of 2023 was significant, as prices continued to increase, especially in apartments, mainly due to higher demand....
https://knews.kathimerini.com.cy/en/business/retail-trade-soars-by-8-4-in-june
Retail trade turnover increased by 8.4% in value and 6.4% in volume in June 2023 compared to the corresponding month of 2022, according to data presented by the Statistical Service on Tuesday....
https://knews.kathimerini.com.cy/en/business/melco-announces-unaudited-second-quarter-2023-earnings
Melco Resorts & Entertainment Limited (Nasdaq: MLCO), operator of City of Dreams Mediterranean and Cyprus Casinos (“C2”), reported its unaudited financial results for the quarter ended 30 June 2023....
https://knews.kathimerini.com.cy/en/news/david-hunter-visits-late-wife-s-grave
The British pensioner who was freed after spending over a year in custody for his terminally-ill wife's manslaughter was finally able to pay his respects today....
https://knews.kathimerini.com.cy/en/news/20-year-old-arrested-for-fake-money
Yesterday, the police made a third arrest in connection with an investigation into the illegal possession and circulation of counterfeit currency and obtaining goods through false representations....
https://knews.kathimerini.com.cy/en/news/amman-to-welcome-president-in-official-visit
President of the Republic, Nikos Christodoulides pays a visit to Amman on Tuesday and will hold talks with King Abdullah II of Jordan....
https://knews.kathimerini.com.cy/en/news/bronze-victory-for-pelendritou-at-world-championships
Karolina Pelendritou won the bronze medal in the 50m freestyle at the World Para-Swimming Championships (in the S11 category) held in Manchester on Monday.
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