https://knews.kathimerini.com.cy/en/news/us-ambassador-praises-cyprus-on-sanctions
US Ambassador Julie Fisher is dismissing claims that Washington is using arm-twisting tactics in Nicosia for sanctioning companies on the island, while pointing out Cypriot government statements are in line with the EU’s transatlantic consensus on Russia’s war in Ukraine...
https://knews.kathimerini.com.cy/en/comment/opinion/the-theatrical-hypocrisy-of-passing-the-e-kalathi-bill
In early March, during the Commerce Committee meeting, the first one attended by the current Minister of Energy, the committee chairman, along with all the members, to be fair, urgently requested the government to submit a bill....
https://knews.kathimerini.com.cy/en/news/inferno-engulfs-sydney-building-near-central-station
An “apocalyptic” blaze engulfed a building near Central Station in Sydney on Thursday afternoon, sending a massive plume of smoke into the air and causing parts of the building to collapse....
https://knews.kathimerini.com.cy/en/business/techisland-presents-startup-school
A Groundbreaking Workshop Series for Cyprus Startups, Powered by Zubr Capital. A unique educational opportunity with free entrance...
https://knews.kathimerini.com.cy/en/business/the-controversial-e-kalathi-bill-house-and-stakeholders-remain-unconvinced
The e-kalathi bill fails to convince the House and stakeholders. Yesterday, the Commerce Committee of the House of Representatives held discussions on the matter, with Minister of Energy, Commerce, and Industry George Papanastasiou present....
https://knews.kathimerini.com.cy/en/business/e-kalathi-bill-presented-to-parliament
The discussion on the e-kalathi bill commences today at the Commerce Committee of the House of Representatives. This bill introduces a digital tool designed to display product prices, aiming to support the Consumer Protection Agency's efforts in monitoring the market and better protect consumer interests....
https://knews.kathimerini.com.cy/en/business/0-vat-rate-the-second-round
Almost two weeks after the zeroing of the tax rate on seven products (bread, eggs, milk, baby diapers, baby food, feminine hygiene products, and adult diapers), the Ministry of Finance and the Ministry of Commerce are in discussions regarding the next list of products that will have a low or reduced tax rate....
https://knews.kathimerini.com.cy/en/news/cyprus-wants-israelis-to-stop-venturing-into-island-s-north
Cypriot President Nikos Christodoulides raised during a visit to Jerusalem the issue of Israeli tourists and investors in the ethnically-split island’s northern part, amid reports that anti-Russian sanctions imposed by Nicosia were having a ripple effect on the local economy...
https://knews.kathimerini.com.cy/en/news/who-declares-end-to-covid-19-global-emergency
The World Health Organization said Friday that Covid-19 no longer qualifies as a global emergency, marking a symbolic end to the devastating coronavirus pandemic that triggered once-unthinkable lockdowns, upended economies worldwide and killed at least 7 million people worldwide....
https://knews.kathimerini.com.cy/en/news/online-food-bank-exchange-wants-to-reduce-waste
An online platform aimed at boosting food donations and also cutting down on food waste is calling on businesses to register in hopes that a broad network can be established to help the environment and those in need...
https://knews.kathimerini.com.cy/en/news/cypriot-firms-struggle-to-detach-from-sanctioned-providers
The business registrar in the Republic of Cyprus has been flooded with requests from companies scrambling to make changes to their structures, after hundreds of firms on the island saw their assets frozen due to new sanctions targeting agencies viewed by Washington and London as 'Russian enablers'...
https://knews.kathimerini.com.cy/en/comment/opinion/here-comes-the-digital-euro
The digital euro is set to be a new form of digital currency from the European Central Bank. It will aim to provide a secure, fast and efficient method of payment in the European Union and will be based on a distributed ledger technology,...
https://knews.kathimerini.com.cy/en/news/russian-wave-heads-north-as-sanctions-pick-up-in-cyprus
Russian businesses in the Republic of Cyprus are rumored to be moving to the northern part of the island to avoid sanctions, amid reports that more Cypriot nationals in the south are expected to be added to a new list of 'Russian enablers'...
https://knews.kathimerini.com.cy/en/life/minthis-spa-wins-a-gold-award-in-cyprus-tourism-awards
We are proud to announce that MINTHIS and its world-class destination Spa has won a prestigious award at the Cyprus Tourism Awards 2022. ...
https://knews.kathimerini.com.cy/en/business/michael-kyprianou-co-llc-partners-with-ip-expert-nick-kounoupias
Following the successful launch of Cyprus IP Day on April 26th, 2023 hosted at the firm’s Nicosia office, which saw a number of local and international speakers share their insight and knowledge on the subject of Intellectual Property (IP), and provided innovators, entrepreneurs, and businesses with an opportunity to connect with IP experts, Michael Kyprianou & Co LLC announces the newly formed partnership with one of the speakers at Cyprus IP Day, UK IP Champion and IP expert Nick Kounoupias....
https://knews.kathimerini.com.cy/en/comment/opinion/what-s-wrong-with-a-little-transparency
There has been a lot of buzz surrounding e-kalathi in recent days. It is an electronic platform that aims to provide consumers with real-time updates on the prices of products in supermarkets, enabling them to easily find the best deals on their preferred products....
https://knews.kathimerini.com.cy/en/news/gov-t-officials-submit-asset-declarations-who-holds-the-most-valuable-property
The deadline for submitting the Asset Declarations by members of the new Government, as provided by legislation, ends today, Thursday, April 27th....
https://knews.kathimerini.com.cy/en/business/deutsche-bank-to-slash-800-jobs-as-part-of-new-cost-cutting-initiative
Deutsche Bank to cut 800 jobs in a new cost-saving drive after reporting a bigger-than-expected rise in profit for the first quarter, a volatile period globally for finance companies....
https://knews.kathimerini.com.cy/en/news/the-nose-knows-ai-app-helps-identify-lost-dogs-through-their-nose-prints
A South Korean startup has developed an AI-based app that scans your dog’s nose print and places it into a crowdsourced database that anyone can access to identify the owner of a lost dog....
https://knews.kathimerini.com.cy/en/business/e-kalathi-your-digital-tool-for-smart-shopping
Based on the timeline, the implementation of e-kalathi, the new digital platform for monitoring retail product prices, is expected to take place around early 2024....
https://knews.kathimerini.com.cy/en/business/bill-for-e-kalathi-product-price-comparison-app-submitted-for-cabinet-approval
The bill for the implementation of a digital tool that enables daily information on retail prices and product comparisons is ready for submission to the Cabinet....
https://knews.kathimerini.com.cy/en/news/washington-targets-russian-enablers-in-cyprus
A US list further curbing Russia’s access to the international financial system through facilitators and their businesses includes Cypriot nationals and Cypriot businesses...
https://knews.kathimerini.com.cy/en/business/government-continues-measures-to-counter-inflationary-pressures
The government of Cyprus has decided to continue measures aimed at countering inflationary pressures, including an extension of a subsidy on electricity consumption and a reduced excise tax on fuel....
https://knews.kathimerini.com.cy/en/business/three-major-concerns-of-ecb-regarding-cypriot-banks
Although Cypriot banks have made great progress over the last decade, foreign supervisors have reservations and summarise their concerns in three areas....
https://knews.kathimerini.com.cy/en/news/higher-prices-for-easter-meat-lamb-sees-a-25-increase-beef-up-by-15
A year ago, reports described Easter dinner as the most expensive in four years. This year's prices are expected to surpass that record, according to the first data from the Easter Price Watch gathered by K and soon to be published by the Consumer Protection Agency....
https://knews.kathimerini.com.cy/en/business/k-treppides-co-ltd-sustainable-finance
Sustainability is the key to a better, healthier, and more viable future as it improves the quality of our lives with the use of natural resources which protect our ecosystem in general. By taking into consideration the three pillars of economic viability, environmental protection, and social well-being, we can preserve the future generations’ needs while, from a corporate perspective, the development of sustainable strategies can lead to a company’s longevity....
https://knews.kathimerini.com.cy/en/news/deputy-minister-of-research-discusses-efforts-to-create-a-modern-digital-state
Cyprus’ Deputy Minister of Research, Innovation and Digital Policy, Philippos Hadjizacharia, discussed the country's efforts to modernize its public administration and create a digital state at an event in Nicosia....
https://knews.kathimerini.com.cy/en/comment/opinion/what-is-the-future-for-banks
Banks have suffered significantly in the last 15 years. Some have been forced to shut down, while others had to reduce deposits. In some countries, banks have been subject to capital controls, and many have had to change their shareholder structure due to state intervention....
https://knews.kathimerini.com.cy/en/news/cybersecurity-conference-calls-for-collaborative-efforts-against-cyber-threats
The Hilton Hotel in Nicosia was abuzz with activity as professionals from the public and private sectors gathered for the Cybersecurity Conference hosted by the American company A10 and organized by SPP Media Events. ...
https://knews.kathimerini.com.cy/en/business/kean-shares-sold-new-owners-to-bring-fresh-ideas-and-investments
In a recent development, the shareholders of KEAN have decided to sell their shares to bbf, a company operating in the field of development projects. ...