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12° Nicosia,
25 July, 2024
 

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Displaying results 1-30 of 1355 matches for query capital.

1. Cyprus commemorates half a century since Turkish invasion

https://knews.kathimerini.com.cy/en/news/cyprus-commemorates-half-a-century-since-turkish-invasion

Half a century has passed since the tragic morning of July 20, 1974, when Turkish forces invaded Cyprus, marking the start of a prolonged period of death, destruction, and occupation that persists to this day. ...

2. Soaring insurance costs push global shipping rates up 233%

https://knews.kathimerini.com.cy/en/news/soaring-insurance-costs-push-global-shipping-rates-up-233

Global trade has faced immense pressure since last October when the war in the Near East erupted following the terrorist attack by the Palestinian group Hamas against Israel. ...

3. Fifteen days left to decide on Eurobank's offer

https://knews.kathimerini.com.cy/en/news/fifteen-days-left-to-decide-on-eurobank-s-offer

Hellenic Bank shareholders have less than 15 days to decide whether to sell their shares to Eurobank, which has made a takeover offer of 2.56 euros per share. The offer, initiated at the start of the month, has a four-week deadline, shorter than the maximum eight weeks allowed....

4. Turkey condemns Greek minister’s remarks on Cyprus anniversary

https://knews.kathimerini.com.cy/en/news/turkey-condemns-greek-minister-s-remarks-on-cyprus-anniversary

Turkey has reacted to comments made by Greek Defense Minister Nikos Dendias during his visit to Cyprus on Monday, marking the 50th anniversary of the 1974 coup that overthrew the government of then-president Archbishop Makarios and paved the way for the Turkish invasion of the Mediterranean island....

5. Yet another delay in Nicosia perimeter road triggers daily penalties for CyField

https://knews.kathimerini.com.cy/en/business/yet-another-delay-in-nicosia-perimeter-road-triggers-penalties

CyField, the company responsible for constructing Nicosia's perimeter motorway, is bein genalized €5,500 as of today, July 16. The Transport Minister, Alexis Vafeadis, confirmed this development during an interview with SPOR FM 95.00's ''Diaspora News.''...

6. Cyprus and Greece commit to Eastern Med security

https://knews.kathimerini.com.cy/en/news/cyprus-and-greece-commit-to-eastern-med-security

Defence Minister Vasilis Palmas stressed the joint commitment of Cyprus and Greece to make every possible effort to maintain peace, security, stability and cooperation in the Eastern Mediterranean......

7. Cyprus Seeds sparks an innovation revolution

https://knews.kathimerini.com.cy/en/news/cyprus-seeds-sparks-an-innovation-revolution

Exciting things are happening in Cyprus as Cyprus Seeds wraps up its third cycle of innovation, highlighted by a lively event at the Reflect Festival in Limassol. ...

8. Spain wins Euro 2024 Final against England

https://knews.kathimerini.com.cy/en/news/spain-wins-euro-2024-final-against-england

In a showdown at Berlin's Olympiastadion, England's hopes of ending 58 years of footballing heartache were dashed by Spain in the Euro 2024 final....

9. Cyprus ranks among top innovators in Europe

https://knews.kathimerini.com.cy/en/business/cyprus-ranks-among-top-innovators-in-europe

Among the best-performing countries in terms of innovation between 2023 and 2024 is Cyprus, according to the latest European Commission data....

10. Cyprus banks receive upgrades, signal economic resilience

https://knews.kathimerini.com.cy/en/business/cyprus-banks-receive-upgrades-signal-economic-resilience

In a series of significant upgrades for Cypriot banks, Fitch Ratings has elevated the Bank of Cyprus and Hellenic Bank's credit ratings, underscoring a positive trajectory for the country's financial sector, according to a report by Panayiotis Rougalas in this Sunday's Kathimerini....

11. Cyprus' 300 fintech firms boost economy, says Georgoulas

https://knews.kathimerini.com.cy/en/news/cyprus-300-fintech-firms-boost-economy-says-georgoulas

The Economist's 28th Annual Government Roundtable concluded with great success in Greece, running from July 2-4....

12. Resolution on drug shortage issue expected next week

https://knews.kathimerini.com.cy/en/news/resolution-on-drug-shortage-issue-expected-next-week

Health Minister Michalis Damianos anticipates a solution to the ongoing drug shortage issue by early next week, he announced Friday....

13. Cyprus risks losing €657M EU grant for Interconnector project, says Energy Minister

https://knews.kathimerini.com.cy/en/news/cyprus-risks-losing-€657m-eu-grant-for-interconnector-project-says-energy-minister

Energy Minister George Papanastasiou expressed concerns over the potential withdrawal of a €657 million subsidy by the European Commission for the electricity interconnection project between Cyprus and Greece......

14. CBC to keep dividends low despite bank profits

https://knews.kathimerini.com.cy/en/news/cbc-to-keep-dividends-low-despite-bank-profits

The increased profitability of Cypriot banks, will not affect the supervisory authorities’ views over the necessity to maintain a prudent policy with respect to banks’ dividend payments, the Central Bank of Cyprus said in its annual report for 2023, published on Wednesday....

15. Younger tourists are choosing Cyprus in the winter

https://knews.kathimerini.com.cy/en/news/younger-tourists-are-choosing-cyprus-in-the-winter

In a bid to extend Cyprus's tourism season, a recent survey commissioned by Hermes Airports highlights promising opportunities for bolstering winter tourism, according to a report by Pavlos Neophytos....

16. Nicosia's 7th Epic Street Fest delights thousands

https://knews.kathimerini.com.cy/en/news/nicosia-s-7th-epic-street-fest-delights-thousands

On the afternoon of Tuesday, July 2, about 2000 people gathered in the heart of the capital city, reveling under the summer sky with music from some of the island’s top DJs, courtesy of Deejay Radio, at the 7th Epic Street Fest Nicosia....

17. New pyramid scheme preys on Cypriots promising big profits

https://knews.kathimerini.com.cy/en/business/new-pyramid-scheme-preys-on-cypriots-promising-big-profits

In a report by Hectoras Georgiou from Kathimerini, a new company named Metamax has recently popped up in Cyprus, promising substantial profits to users through its application. ...

18. Fitch elevates Hellenic Bank’s credit rating

https://knews.kathimerini.com.cy/en/news/fitch-elevates-hellenic-bank-s-credit-rating

Fitch Ratings has upgraded Hellenic Bank's Long-Term Issuer Default Rating (IDR) to 'BBB-' from 'BB+', with stable outlook and its Viability Rating (VR) to 'bbb-' from 'bb+'. ...

19. Great Sea Interconnector study outlines benefits July 11

https://knews.kathimerini.com.cy/en/news/great-seat-interconnector-study-outlines-benefits-july-11

The Greek Regulatory Authority for Energy (RAAEU) has made a significant decision regarding the methodology for calculating the regulated revenue......

20. Prountzos says municipalities are here to serve the citizens

https://knews.kathimerini.com.cy/en/news/prountzos-says-municipalities-are-here-to-serve-the-citizens

The newly appointed Mayor of Nicosia, Charalambos Prountzos, expressed strong confidence in the success of local government reform during the mayoral handover ceremony....

21. Tatar to discuss new crossing with UN in London

https://knews.kathimerini.com.cy/en/news/tatar-to-discuss-new-crossing-with-un-in-london

The issue of opening a new crossing point in Mia Milia to enhance contact between the two communities will be raised at his 1 July meeting in London......

22. ICT sector powers Cyprus' economic growth

https://knews.kathimerini.com.cy/en/news/ict-sector-powers-cyprus-economic-growth

Almost all of the productivity growth in Cyprus' economy over the past three years can be attributed to the Information and Communication Technology......

23. Rentals rise as home ownership trends change

https://knews.kathimerini.com.cy/en/comment/opinion/rentals-rise-as-home-ownership-trends-change

Around 20-25 years ago, Cyprus was renowned for having one of the highest rates of home ownership globally, with figures nearly reaching 78% - 80%, as per the data available then....

24. Wizz Air announces new route from Larnaca to Milan Malpensa

https://knews.kathimerini.com.cy/en/news/wizz-air-announces-new-route-from-larnaca-to-milan-malpensa

Wizz Air, Europe’s fastest-growing and most environmentally sustainable airline, proudly announces today it will launch a new route from Larnaca to Milan, Italy this autumn....

25. Eurobank gains green light for 100% acquisition of Hellenic Bank

https://knews.kathimerini.com.cy/en/news/eurobank-gains-green-light-for-100-acquisition-of-hellenic-bank

The Cyprus Securities and Exchange Commission (the “CySEC”) approved on 25 June 2024, the publication of the Takeover Bid Document for the acquisition by Eurobank S.A. of up to 100% of the issued share capital of Hellenic Bank, whose shares are listed on the Main Market of the Cyprus Stock Exchange (“CSE”). ...

26. Paphos hoteliers face mixed bag of occupancy rates in June

https://knews.kathimerini.com.cy/en/news/paphos-hoteliers-face-mixed-bag-of-occupancy-rates-in-june

The hotel industry in Paphos province experienced a varied start to June, gradually improving as the month progressed, according to Euripides Loizides, President of the Paphos Hoteliers Association....

27. Global giants eye battery storage project in Cyprus

https://knews.kathimerini.com.cy/en/news/global-giants-eye-battery-storage-project-in-cyprus

Major global companies like Tesla and Samsung have expressed interest in developing a battery-based electricity storage system in Cyprus, according to Minister of Energy, Trade, and Industry George Papanastasiou. ...

28. Power outages hit European countries

https://knews.kathimerini.com.cy/en/news/power-outages-hit-european-countries

Power outages have been reported across Europe, including Albania, Bosnia and Herzegovina, Croatia and Montenegro....

29. Major shareholders of Bank of Cyprus seek to sell 15% stake

https://knews.kathimerini.com.cy/en/business/major-shareholders-of-bank-of-cyprus-seek-to-sell-15-stake

Two major shareholders of Bank of Cyprus, CarVal Investors and Caius Capital, who together hold 15% of the bank's shares, are looking to sell their stake....

30. Standard & Poor’s upgrades Bank of Cyprus rating

https://knews.kathimerini.com.cy/en/news/standard-poor-s-upgrades-bank-of-cyprus-rating

Standard & Poor’s (S&P) has upgraded Bank of Cyprus’ long-term issuer rating to BB+, just one notch below investment-grade status, and assigned a positive outlook. This comes shortly after the upgrade of Cyprus’ long-term rating to BBB+, also with a positive outlook....

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