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12° Nicosia,
03 April, 2025
 

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Displaying results 1-30 of 156 matches for query blocks.

1. Global fintech investment falls to seven-year low of $95.6 billion in 2024, but uptick in Q4’24 is a sign of cautious optimism says KPMG’s Pulse of Fintech H2’24

https://knews.kathimerini.com.cy/en/business/global-fintech-investment-falls-to-seven-year-low-of-$95-6-billion-in-2024-but-uptick-in-q4-24-is-a-sign-of-cautious-optimism-says-kpmg-s-pulse-of-fintech-h2-24

2024 was another difficult year for fintech, with just $95.6 billion of investment globally across 4,639 deals....

2. Cyprus and Egypt join forces on major energy projects

https://knews.kathimerini.com.cy/en/news/cyprus-and-egypt-join-forces-on-major-energy-projects

The Christodoulides administration places great strategic importance—both in terms of energy and geopolitics—on the President’s visit to Egypt....

3. Modernist landmark in Nicosia faces demolition

https://knews.kathimerini.com.cy/en/news/modernist-landmark-in-nicosia-faces-demolition

The demolition of yet another modernist landmark in Cyprus has reignited concerns over the preservation of the island’s architectural heritage. ...

4. Cyprus' energy landscape shifts as ENI, Total, and Kogas withdraw from blocks

https://knews.kathimerini.com.cy/en/business/cyprus-energy-landscape-shifts-as-eni-total-and-kogas-withdraw-from-blocks

The energy landscape of Cyprus' exclusive economic zone (EEZ) is set for a major shift as the French-Italian-Korean consortium of Total, ENI, and Kogas prepares to exit Blocks 2, 3, and 9 at the end of January....

5. Cyprus ends gas exploration in blocks 2, 3, and 9 after unsuccessful results

https://knews.kathimerini.com.cy/en/news/cyprus-ends-gas-exploration-in-blocks-2-3-and-9-after-unsuccessful-results

The exploitation licences in blocks 2, 3 and 9 of the Cyprus Exclusive Economic Zone (EEZ) have expired and have not been renewed, as the exploration did not show exploitable natural gas deposits, Minister of Energy, Trade and Industry George Papanastasiou confirmed to the Cyprus News Agency (CYPE)....

6. Investment and owner occupancy opportunities by AstroBank

https://knews.kathimerini.com.cy/en/business/investment-and-owner-occupancy-opportunities-by-astrobank

AstroBank has listed for sale a large commercial/residential property in Peyia, as well as other investment opportunities and properties for sale in Nicosia, Paphos, Larnaca and Famagusta....

7. TikTok faces U.S. shutdown by this Sunday: Could Europe be next?

https://knews.kathimerini.com.cy/en/business/tiktok-faces-u-s-shutdown-by-this-sunday-could-europe-be-next

TikTok, the global social media sensation with 170 million monthly users in the U.S., is set to shut down its operations in America this Sunday, Jan. 19....

8. Cyprus moves closer to NATO, talks begin on permanent U.S. military presence

https://knews.kathimerini.com.cy/en/news/cyprus-moves-closer-to-nato-talks-begin-on-permanent-u-s-military-presence

According to an article written by Lena Argyris, Cyprus is strategically positioning itself for a potential future membership in NATO,...

9. ExxonMobil and Qatar Energy to drill two new wells in Cyprus' offshore gas fields

https://knews.kathimerini.com.cy/en/business/exxonmobil-and-qatar-energy-to-drill-two-new-wells-in-cyprus-offshore-gas-fields

ExxonMobil, in partnership with Qatar Energy, is planning to drill two more wells in Cyprus' offshore Blocks 5 and 10 early next year. ...

10. Cyprus eyes new offshore gas licenses as global demand surges

https://knews.kathimerini.com.cy/en/business/cyprus-eyes-new-offshore-gas-licenses-as-global-demand-surges

Cyprus is considering a new round of licensing for offshore gas exploration to capitalize on high demand, according to Energy Minister Giorgos Papanastasiou. With estimates suggesting that undiscovered gas reserves could be around 15-16 trillion cubic feet...

11. Bank of Cyprus shareholders moving at different speeds

https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-shareholders-moving-at-different-speeds

CarVal Investors recently sold 3% of its 9.09% stake in Bank of Cyprus, sparking speculation that other shareholders may follow suit and sell their shares....

12. EU Court blocks partial 'safe' zones for refugee returns

https://knews.kathimerini.com.cy/en/news/eu-court-blocks-partial-safe-zones-for-refugee-returns

The European Court of Justice has ruled against the fragmentation of third countries into "safe" and "unsafe" areas, a decision that affects efforts......

13. Real estate investment opportunities by AstroBank

https://knews.kathimerini.com.cy/en/business/10-real-estate-investment-opportunities-by-astrobank

AstroBank has listed for sale two apartment blocks and other residential and agricultural properties in Nicosia Paphos, and Famagusta....

14. Gaza conflict intensifies as Israel blocks polio vaccination efforts

https://knews.kathimerini.com.cy/en/news/gaza-conflict-intensifies-as-israel-blocks-polio-vaccination-efforts

In the latest escalation of the Israeli-Hamas conflict, tensions have intensified with significant new developments. As the conflict continues, reports emerge of mounting casualties and humanitarian challenges....

15. Is Larnaca the new Limassol?

https://knews.kathimerini.com.cy/en/news/is-larnaca-the-new-limassol

Larnaca is dynamically emerging as a key player in investments and major developments, making significant strides in recent years and capturing a new image....

16. Turkish navy monitors Italian cable-laying in Cyprus' EEZ

https://knews.kathimerini.com.cy/en/news/turkish-navy-monitors-italian-cable-laying-in-cyprus-eez

The Turkish Navy is keeping a close eye on the work of the Italian vessel Teliri, which is to lay telecommunication cables within Cyprus’ exclusive economic zone (EEZ) that will stretch to Greece and then to Italy. ...

17. Maldives blocks Israeli tourists in response to Gaza crisis

https://knews.kathimerini.com.cy/en/news/maldives-blocks-israeli-tourists-in-response-to-gaza-crisis

The Maldives government will ban Israelis from the Indian Ocean archipelago, known for luxury resorts, as public anger in the predominantly Muslim nation rises over the war in Gaza. ...

18. Archaeologists discover key features of historic Cypriot city

https://knews.kathimerini.com.cy/en/news/archaeologists-discover-key-features-of-historic-cypriot-city

Exciting new discoveries about the ancient city of Nea Paphos have come to light thanks to a joint excavation by teams from the Universities of Warsaw and Krakow, working with the Cyprus Department of Antiquities. ...

19. Amalthea initiative brings Cyprus and Qatar closer

https://knews.kathimerini.com.cy/en/news/amalthea-initiative-brings-cyprus-and-qatar-closer

His Highness the Emir of Qatar, Sheikh Tamim bin Hamad Al-Thani, commenced his visit to Cyprus with a cordial reception by President Nikos Christodoulides of the Republic of Cyprus upon arrival at Larnaca Airport....

20. Porsche to unveil Hybrid 911 after extensive trials

https://knews.kathimerini.com.cy/en/business/porsche-to-unveil-hybrid-911-after-extensive-trials

Stuttgart. The first Porsche 911 sports car for the road with a hybrid drive is in the starting blocks. Following an extensive development and testing programme, the new 911 with a performance-focused hybrid drive is ready for series production....

21. BBF launches Eden Bay in Kato Paphos

https://knews.kathimerini.com.cy/en/business/bbf-launches-eden-bay-in-kato-paphos

Marking BBF’s latest expansion to the charming city of Paphos, bbf: eden bay embodies a unique blend of rich cultural history, endless beaches, and high-end living....

22. ENI discusses exploitation scenarios and priority solutions

https://knews.kathimerini.com.cy/en/business/eni-discusses-exploitation-scenarios-and-priority-solutions

ENI's discoveries in Cyprus' Exclusive Economic Zone (EEZ) and the scenarios for the exploitation of the confirmed drillings as well as the preferred solutions to efficiently meet domestic energy priorities were discussed in a meeting with the President of the Republic, Nikos Christodoulides, ...

23. Outer space arms race looms as Russia blocks UN resolution

https://knews.kathimerini.com.cy/en/news/outer-space-arms-race-looms-as-russia-blocks-un-resolution

Russia has vetoed a resolution at the UN Security Council calling on all countries to prevent an arms race in outer space. ...

24. Government unveils ambitious housing strategy, Minister Ioannou reveals

https://knews.kathimerini.com.cy/en/news/government-unveils-ambitious-housing-strategy-minister-ioannou-reveals

The government has set the people and their servicing without undue inconvenience at the core of its policies, Minister of the Interior Constantinos Ioannou said on Tuesday, adding the Ministry is working on issuing of public documents the Civil Registry Department. ...

25. Minister stands against early fees for Great Sea Interconnector

https://knews.kathimerini.com.cy/en/news/minister-stands-against-early-fees-for-great-sea-interconnector

Cypriot electricity consumers should not be burdened with a surcharge before the operation of the electricity interconnector linking Greece and Cyprus and the consequent reduction of electricity costs, Minister of Energy, Commerce and Industry George Papanastasiou said on Monday....

26. US blocks UN resolution recognizing Palestinian statehood

https://knews.kathimerini.com.cy/en/news/us-blocks-un-resolution-recognizing-palestinian-statehood

The United States blocked a United Nations Security Council resolution on Thursday that would have recognized a Palestinian state, sparking sharp criticism from Palestinian leaders....

27. Turkey blocks exports to Israel amid Gaza conflict

https://knews.kathimerini.com.cy/en/news/turkey-blocks-exports-to-israel-amid-gaza-conflict

Turkey announced it's blocking exports of 54 different product categories to Israel until a ceasefire is declared in Gaza. This move comes as a response to Israel's military operations in Gaza....

28. AstroBank: Residential and commercial properties for sale

https://knews.kathimerini.com.cy/en/business/1-astrobank-residential-and-commercial-properties-for-sale

AstroBank is selling residential and commercial properties in various areas of Cyprus such as Larnaca, Paphos and Nicosia....

29. 15.7% spike in building permit values

https://knews.kathimerini.com.cy/en/news/15-7-spike-in-building-permit-values

Despite the drop of total number of building permits during the first nine months of 2023, compared to the same period of 2022, their total value recorded an increase of 15.7%, and their volume went up by 2.9%....

30. UN mediates as verbal incident sparks Pyla diplomacy

https://knews.kathimerini.com.cy/en/news/un-mediates-as-verbal-incident-sparks-pyla-diplomacy

The situation in Pyla remains quiet, United Nations sources told the Cyprus News Agency when asked about press reports on tension in the area....

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