https://knews.kathimerini.com.cy/en/business/construction-materials-up-by-21-81-in-may-2022
The Price Index of Construction Materials went up by 21.81% in May 2022 compared to the corresponding month of 2021, and continued the upward trend that follows since January 2021....
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-drives-sustainable-digital-innovation-in-financial-services-with-kyndryl
Kyndryl, the world's largest IT infrastructure services provider and Bank of Cyprus, the leading banking and financial services group in Cyprus, announced an agreement to expand their collaboration with a new five-year managed IT services program that advances the Bank’s ESG commitments through 2030, by supporting the Bank’s levels of service, giving access and visibility to its products to all stakeholders....
https://knews.kathimerini.com.cy/en/news/worker-found-dead-in-swimming-pool-in-paphos
Paphos police are investigating the death of a male worker whose body was found in a residential pool in Yeroskipou over the weekend...
https://knews.kathimerini.com.cy/en/news/cyprus-plays-supporting-role-in-lng-arena
After years of trying to locate and extract natural gas from its EEZ, Cyprus' prospects continue to stagnate due to the current geopolitical conditions, the Cyprus issue, and the fact that the research, although promising, has not yet yielded the large quantities that were found in the EEZ of Egypt and Israel....
https://knews.kathimerini.com.cy/en/news/turkish-cypriots-must-assume-responsibility-for-migration-flows
Vice-President of the European Commission Margaritis Schinas has said that the EU will find a way to make the Turkish Cypriot leadership assume its responsibility for limiting the migration flows in Cyprus which is faced with "an unbearably big burden"....
https://knews.kathimerini.com.cy/en/business/consulco-brought-together-london-and-limassol
An excellent dialogue took place during the hybrid conference ''Resilient Cities: London and Limassol'' organized by Consulco, on Thursday 16 June 2022 between London and Limassol, where speakers from Cyprus and Britain exchanged views on the two cities and their development. ...
https://knews.kathimerini.com.cy/en/news/tourist-dies-in-motorcycle-accident-in-paphos
A male tourist in Paphos was killed in an accident over the weekend when his motorcycle collided with another vehicle, while his female passenger ended up being hospitalized in the capital on life support...
https://knews.kathimerini.com.cy/en/news/elderly-man-in-midtown-accident-succumbs-to-injuries
An elderly man in Nicosia succumbed to his injuries on Friday, one week after he was struck by a car as he was trying to cross the road in the midtown area...
https://knews.kathimerini.com.cy/en/business/spanish-airline-air-nostrum-has-just-ordered-a-fleet-of-airships
As the quest for less environmentally damaging aviation continues, one Spanish airline has thrown its hat into the ring by ordering new hybrid airships -- which pack as much of a punch visually as they are said to do environmentally....
https://knews.kathimerini.com.cy/en/business/the-end-of-an-era-as-revlon-files-for-bankruptcy
The US cosmetics group Revlon has filed for bankruptcy protection after battling supply chain problems and failing to compete with celebrity-backed and social media-savvy upstarts....
https://knews.kathimerini.com.cy/en/news/it-s-full-steam-ahead-for-the-cyprus-greece-ferry
Preparations are on overdrive for the first ferry round-trip on Sunday between Cyprus and Greece after 21 long years, according to the shipping line coordinating the route....
https://knews.kathimerini.com.cy/en/news/erdogan-critic-wants-kissinger-to-apologize-over-cyprus
An American scholar is calling on Henry Kissinger to apologize to Cypriots for betraying Greeks and appeasing Turkey, arguing that the father of modern realpolitik had signaled to Turkey back in 1974 that 'aggression works'...
https://knews.kathimerini.com.cy/en/news/wooing-migrant-millionaires
Greece is becoming a top destination for wealthy migrants, as it is expected to welcome 1,200 “millionaire immigrants” this year....
https://knews.kathimerini.com.cy/en/news/central-banks-across-europe-jack-up-interest-rates-to-fight-inflation
Central banks across Europe raised interest rates on Thursday, some by amounts that shocked markets, and hinted at even higher borrowing costs to come to tame soaring inflation that is eroding savings and squeezing corporate profits....
https://knews.kathimerini.com.cy/en/news/euroasia-interconnector-will-help-free-eu-from-energy-dependence
Tapping into Israel’s vast renewable sources of energy will help reduce the EU’s dependence on Russia, European Commission President Ursula von der Leyen said during her visit to Israel, highlighting the importance of Cyprus and Greece in securing energy supply....
https://knews.kathimerini.com.cy/en/news/ferrari-to-launch-its-first-electric-only-car-in-2025
Ferrari is aiming for two of every five cars it sells to be fully electric by 2030, as the luxury brand tries to marry the need to reduce emissions with a reputation built on the prowess of its traditional engines....
https://knews.kathimerini.com.cy/en/news/man-s-self-immolation-bid-foiled-outside-migration
Police officers in Nicosia had to intervene when an asylum seeker, who was asking migration staff to hand over his passport, doused himself with gasoline and threatened to set himself on fire...
https://knews.kathimerini.com.cy/en/news/us-fed-raises-interest-rates-by-75-largest-hike-in-30-years
The US central bank has announced its biggest interest rate rise in nearly 30 years as it ramps up its fight to rein in soaring consumer prices....
https://knews.kathimerini.com.cy/en/news/two-men-die-in-violent-motorcycle-crash
Two men were killed on Wednesday after their motorcycles collided in a horrible accident in west Nicosia, with preliminary findings suggesting a series of violations by at least one victim...
https://knews.kathimerini.com.cy/en/business/gaston-taratuta-from-argentina-named-ey-world-entrepreneur-of-the-year™-2022
Gaston Taratuta, Founder and CEO of Aleph Group, Inc. was named EY World Entrepreneur Of The YearTM 2022 at an award ceremony held in Monte Carlo on Thursday, June 9....
https://knews.kathimerini.com.cy/en/news/cyprus-tourist-arrivals-reach-80-of-2019-numbers
Tourist arrivals in Cyprus during the period January-April 2022 have reached 80% of the numbers recorded in 2019, which was a record year for Cyprus tourism, the Deputy Minister of Tourism, Savvas Perdios, has said....
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-the-dilemmas-of-war-and-pandemic
Cyprus is a small country with a large export sector of services, which makes it vulnerable to its external environment. An external shock is felt faster and more intensely.
...
https://knews.kathimerini.com.cy/en/business/the-15-branches-of-bank-of-cyprus-that-are-closing
The restructuring plan will go ahead by July 4 - There will be 60 left while it will also reduce ATMs...
https://knews.kathimerini.com.cy/en/news/cyprus-feeling-the-effects-of-russian-flight-ban
Cyprus' tourism industry is taking a huge hit from the lack of Russian and Ukrainian tourists, with an estimated loss of €600 million this year alone....
https://knews.kathimerini.com.cy/en/news/staff-shortages-lead-to-travel-chaos-at-european-airports
Even though the COVID-19 travel restrictions have already been lifted in the majority of European Union states, travellers continue facing other inconveniences at European airports....
https://knews.kathimerini.com.cy/en/news/immigrant-arrivals-will-more-than-double-in-2022
The official data on illegal arrivals in territories controlled by the Republic of Cyprus are alarming. For the first half of 2022, the number of asylum seekers has skyrocketed, compared to 2021, with the current year looking to break a decade's old record....
https://knews.kathimerini.com.cy/en/news/no-drama-diplomat-announces-candidacy
Greek Cypriot chief negotiator Andreas Mavroyiannis announced his candidacy for president in next year’s election in the Republic of Cyprus, saying corruption will remain rampant unless the country is reunited once again into a 'proper state'...
https://knews.kathimerini.com.cy/en/news/five-year-plan-to-install-ac-units-at-schools-underway
A five-year, 100 million euro program to install air conditioning units at schools was announced yesterday by Education, Culture, and Sports Minister Prodromos Prodromou....
https://knews.kathimerini.com.cy/en/news/british-rape-accuser-drags-cyprus-to-court
A British young woman who was cleared of lying about a gang rape in Ayia Napa is taking the Republic of Cyprus to the European Court of Human Rights after police said they would not investigate allegations against Israeli teens...
https://knews.kathimerini.com.cy/en/news/deadly-road-crashes-mar-another-holiday-weekend
Three men were killed on the road in two different districts over the long holiday weekend, with Paphos police arresting a hit-and-run driver who says he panicked and Ayia Napa authorities confirming a young man was driving after consuming mood-altering drugs...
