https://knews.kathimerini.com.cy/en/news/2024-global-vc-investment-rises-to-$368b-as-investor-interest-in-ai-soars
Global VC investment rose from $349.4 billion across 43,320 deals in 2023 to $368.3 billion across 35,684 deals in 2024 despite a multitude of challenges, including global conflicts and geopolitical tensions, uncertainties associated with a significant number of major elections—...
https://knews.kathimerini.com.cy/en/news/the-road-to-prosperity
Browsing social media I have recently come across a map showing all the countries with GDP per capita higher than Poland’s back in 1990 and in 2018....
https://knews.kathimerini.com.cy/en/business/e-kalathi-platform-set-to-revolutionize-shopping-with-real-time-price-comparison
From the 10th of February this year, supermarkets across Cyprus have been participating in a pilot phase of the e-kalathi electronic platform, with plans to roll it out to consumers by March 4. ...
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-cancels-plan-to-sell-jcc-payment-systems
The process for the sale of JCC Payment Systems has been halted, bringing an end to the deal between JCC and Euronet that had been under consideration since the summer of 2024....
https://knews.kathimerini.com.cy/en/business/green-oasis-or-business-hub-the-fight-over-nicosia-s-state-fair-site
The Nicosia Municipality, Nicosia district MPs, and residents of Engomi are increasing pressure on the government to reconsider its plans for developing the State Fair site. ...
https://knews.kathimerini.com.cy/en/news/cyprus-government-gives-hotels-deadline-to-get-licensed-or-face-closure
The government is giving unlicensed hotels and tourist accommodations a two-year window to secure their operating licenses, with specific milestones and actions outlined along the way. ...
https://knews.kathimerini.com.cy/en/business/sklavenitis-reopens-first-renovated-papantoniou-hypermarket-in-engomi
The Pappantoniou supermarket in Engomi has undergone a complete renovation and will reopen its doors in early March under the new name Sklavenitis....
https://knews.kathimerini.com.cy/en/business/government-announces-minimum-wage-increase-for-hotel-workers
President Nikos Christodoulides highlighted key economic and labor policy decisions today during a Council of Ministers meeting at the Presidential Palace, emphasizing efforts to boost employment and attract Cypriot professionals back home....
https://knews.kathimerini.com.cy/en/life/limassol-s-beloved-aris-club-temporarily-shuttered-amid-heroes-square-revamp
For nearly a century, the Aris Limassol Club has been a staple of the city’s culture—not just as a historic association, but as a beloved tavern serving up some of the best meze in town. ...
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-posts-€508m-profit-for-2024
Bank of Cyprus has posted impressive results for 2024, reporting net profits of €508 million, marking a 4% increase from the previous year’s €487 million. The results reflect the bank's strong performance and growth, despite slight fluctuations in some areas....
https://knews.kathimerini.com.cy/en/business/1-trump-s-‘tit-for-tat-tariffs-are-trading-jabs-in-the-global-market
President Donald Trump has unveiled a new strategy to impose tariffs on countries he deems to have unfair trade policies toward the U.S....
https://knews.kathimerini.com.cy/en/news/court-denies-release-for-german-woman-in-property-case
A 49-year-old German woman accused of illegally handling Greek Cypriot property in the occupied north of Cyprus has lost her appeal for release while awaiting trial. ...
https://knews.kathimerini.com.cy/en/business/big-us-companies-borrowing-in-europe-to-save-money
Big American companies are increasingly turning to Europe to borrow money at lower costs, taking advantage of cheaper interest rates compared to those in the US....
https://knews.kathimerini.com.cy/en/comment/opinion/maga-make-averof-great-again
Never before has the slogan of DISY ''seismos seismos, Synagermos'' (or roughly translated: ''earthquake, earthquake, DISY'' been more fitting than in the days we're living through now (It does sound better in Greek though don't you agree?). ...
https://knews.kathimerini.com.cy/en/business/1-€122m-boost-for-famagusta-30-new-projects-announced
In a bold move to boost the development of the Famagusta district, President of the Republic of Cyprus, Nikos Christodoulides, announced 30 new projects with a total budget of €122 million ...
https://knews.kathimerini.com.cy/en/news/uk-tightens-noose-on-putin-s-inner-circle-with-new-sanctions
Nearly a year after the death of Russian opposition leader Alexei Navalny, the UK has announced a fresh wave of sanctions aimed at individuals with close ties to Vladimir Putin....
https://knews.kathimerini.com.cy/en/news/parallel-projects-on-tseriou-ave-cause-confusion-amid-€33m-overhaul
The redevelopment of Tseriou Avenue consists of two parallel projects, creating confusion in the area and significant inconvenience for shopkeepers and residents....
https://knews.kathimerini.com.cy/en/business/igc-business-investment-council-launched-in-india
The India-Greece-Cyprus (IGC) Business & Investment Council was officially launched today at the Taj Mahal Palace in Mumbai, marking a significant milestone in strengthening the economic ties between the three nations. ...
https://knews.kathimerini.com.cy/en/business/hong-kong-investor-increases-stake-in-historic-agros-hotel
Foreign investor Balram Chainrai's aggressive pursuit of Agros' historic hotel continues into 2025 as he steadily increases his shareholding, bringing him closer to full control following his public takeover bid....
https://knews.kathimerini.com.cy/en/business/cyprus-environmental-dept-backs-latchi-development-despite-irregularities
A controversial tourist development in Latchi, Paphos, is facing increasing scrutiny as both the Paphos Provincial Municipality and the Environment Department become involved in a growing legal and environmental dispute. ...
https://knews.kathimerini.com.cy/en/business/large-plots-of-farmland-for-sale-by-astrobank
AstroBank has listed for sale a large plots of farmland in various areas of Nicosia, Limassol Larnaca and Paphos....
https://knews.kathimerini.com.cy/en/news/christodoulides-to-visit-us-in-april-to-boost-cyprus-investments
President Nicos Christodoulides’ upcoming official visit to the United States in April is focused on strengthening Cyprus’ ties with the US and attracting investments, part of a broader government strategy. ...
https://knews.kathimerini.com.cy/en/news/cyprus-weather-a-winter-that-europe-would-envy
While the rest of Europe battles icy winds, sub-zero temperatures, and a constant existential crisis over whether to wear three layers or four, Cyprus is doing its own version of winter—mild, moody, and just dramatic enough to remind us it's still February....
https://knews.kathimerini.com.cy/en/news/freedom-holding-corp-reports-57-surge-in-q3-revenue-hits-$9-billion-market-cap-milestone
Freedom Holding Corp. (FRHC), the parent company of Freedom24, has announced two significant milestones: strong third quarter results for fiscal year 2025 and a record market capitalisation of $9 billion....
https://knews.kathimerini.com.cy/en/news/cosmos-insurance-envisions-an-angelic-world-for-its-new-campaign
How often have you wished to live in a world where unexpected events, accidents, problems, and bad moments were nonexistent? In other words, an angelic world?...
https://knews.kathimerini.com.cy/en/news/no-relief-in-sight-as-electricity-prices-to-remain-high-until-2027
Electricity prices in Cyprus are expected to remain elevated for the next two years, according to the chairman of the EAC....
https://knews.kathimerini.com.cy/en/news/tala-s-haven-of-hope-friends-hospice-unveils-newly-renovated-palliative-care-center
A heartwarming story of community spirit and unwavering dedication has culminated in the unveiling of the newly renovated Friends' Hospice in Tala....
https://knews.kathimerini.com.cy/en/business/who-is-the-face-behind-the-new-superhome-center
The king of cement, Filaretos Kaltsidis, is behind the sale of Superhome DIY....
https://knews.kathimerini.com.cy/en/news/a-new-home-for-jewish-education-coming-to-cyprus
A new Jewish school is planned for Limassol, Cyprus, slated to open in 2027....
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-man-of-the-year-awards-–-23rd-edition
On Wednesday, February 26, 2025, The Royal Hall in Nicosia will host the prestigious Bank of Cyprus Man of the Year Awards—an evening dedicated to honoring exceptional individuals who lead by example....
