https://knews.kathimerini.com.cy/en/news/rising-rent-costs-challenge-cyprus-middle-class-budgets
A disconcerting trend is unfolding in Cyprus, where not only are the prices of essential goods on the rise, but rents are also skyrocketing, sparking extensive debates and concerns throughout society according to a report on Philenews....
https://knews.kathimerini.com.cy/en/news/what-s-in-store-at-the-6th-digital-agenda-cyprus-summit-tomorrow
Nicosia is embracing a new identity as it transforms into a global educational and technological hub, thanks to the upcoming 6th Digital Agenda Cyprus Summit in 2023....
https://knews.kathimerini.com.cy/en/news/israeli-hamas-war-puts-cyprus-and-egypt-at-forefront-of-credit-risks
Cyprus and Egypt are currently facing the most direct credit risks among countries rated by Scope Ratings due to the Israeli-Hamas conflict, warns the German firm....
https://knews.kathimerini.com.cy/en/news/stockholm-takes-bold-move-by-banning-petrol-and-diesel-cars-in-city-center
Stockholm has announced plans to become the first big capital city to ban petrol and diesel cars from its center, in an effort to slash pollution and reduce noise....
https://knews.kathimerini.com.cy/en/business/eurobank-goes-independent
Eurobank Ergasias Services and Holdings SA has announced the repurchase of a total of 52.08 million shares previously held by the Financial Stability Fund, making it the first Greek systemic bank without state participation in its share capital following the 2010 crisis....
https://knews.kathimerini.com.cy/en/news/over-140-abandoned-cats-found-in-abu-dhabi-desert
A group of United Arab Emirates residents has found more than 140 cats dumped in a desert lot in the capital Abu Dhabi, in a phenomenon that has drawn criticism from international animal rights organizations and prompted a government investigation....
https://knews.kathimerini.com.cy/en/news/prigozhin-plane-crash-victims-had-hand-grenade-fragments-on-board
The bodies of those individuals who died in the August plane crash that killed Wagner Group leader Yevgeny Prigozhin contained "fragments of hand grenades," according to the Russian Investigative Committee tapped to look into the crash....
https://knews.kathimerini.com.cy/en/news/nicosia-gears-up-for-quantum-nicosia-marathon-2023
On Sunday, December 10, 2023, Nicosia will host the eagerly awaited "Quantum Nicosia Marathon 2023," featuring various race categories, including the Marathon, Half Marathon, 7.7 Miles (12,400m), and 5km races (individual and corporate). ...
https://knews.kathimerini.com.cy/en/news/how-blockchain-technology-is-reshaping-financing
In this age of technology, digital transformation, and the omnipresence of the internet, alternative digital financing is emerging as an innovative and effective solution for both businesses and individuals in need of financial support....
https://knews.kathimerini.com.cy/en/news/israeli-minister-s-prayerful-visit-to-riyadh-signals-thawing-ties-with-saudi-arabia
As a sign of movement on the road to peace with Saudi Arabia, Israeli Communications Minister Shlomo Karhi read from a Torah Scroll and prayed the morning service at his hotel in Riyadh together with others in his 14-member delegation....
https://knews.kathimerini.com.cy/en/news/kasselakis-visit-uncovers-cyprus-crisis-and-greek-divide
Stefanos Kasselakis, the President of SYRIZA, finds himself in Cyprus amidst a whirlwind of controversy stemming from his recent use of the term "state" when referring to the illegal entity established by Turkey in northern Cyprus....
https://knews.kathimerini.com.cy/en/news/cyprus-banks-secure-moody-s-upgrade-to-investment-status
After 12 years, Moody's has upgraded the ratings of Cyprus' two major banks, Bank of Cyprus and Hellenic Bank, placing them in the investment category....
https://knews.kathimerini.com.cy/en/news/moody-s-boosts-bank-of-cyprus-and-hellenic-bank-ratings-to-baa2
Moody’s Investors Service has upgraded Bank of Cyprus’ and Hellenic Bank’s long-term deposit ratings to Baa3 from Ba1, citing the continued resilience of the Cypriot economy and credit conditions, which are leading to supportive operating conditions for Cypriot banks....
https://knews.kathimerini.com.cy/en/news/violent-clashes-between-tenants-and-property-owners-as-rents-spike-700
A craftsman in Turkey, who has been diligently paying rent for two decades, now finds himself threatened with eviction due to an unexpected rent increase of nearly 700%. His monthly rent has surged from 3,200 Turkish lira (110 euros) to a staggering 25,000 lira (867 euros)....
https://knews.kathimerini.com.cy/en/news/nyc-drowns-under-state-of-emergency-from-flooding
New York City began drying out Saturday after being soaked by one of its wettest days in decades, as city dwellers dried out basements and traffic resumed on highways, railways and airports that were temporarily shuttered by Friday’s severe rainfall....
https://knews.kathimerini.com.cy/en/news/50-years-of-cyprus-rally-excellence
The Cyprus Rally, marking its remarkable 50th edition, promises an exhilarating spectacle from October 6 to 8, 2023....
https://knews.kathimerini.com.cy/en/business/deputy-minister-proposes-joint-tourist-packages-with-saudi-arabia
Cypriot Deputy Minister, Costas Koumis has proposed joint tourist packages between Saudi Arabia and Cyprus, focusing on the Saudi City of Neom which lies about two hours from Cyprus....
https://knews.kathimerini.com.cy/en/news/delta-offers-$4-000-for-flight-delays
Overbooked flights are becoming more and more commonplace as airlines look to maximize capacity and profits. And smart flyers who aren’t in a rush can capitalize on those crowds, sometimes in a big way....
https://knews.kathimerini.com.cy/en/news/2024-budget-points-to-surplus-and-debt-reduction
The 2024 budget reflects the clear imprint of our policy priorities, President of the Republic Nikos Christodoulides says in a written statement, adding that the fiscal balance for 2024 is estimated to be surplus, reaching 2.2% of GDP, while the medium-term goal, by 2026, is to reduce public debt to 60%....
https://knews.kathimerini.com.cy/en/news/foreign-buyers-flock-to-cyprus-real-estate
Recent data on property sales in Cyprus reveal distinct trends in different provinces. Notably, the real estate landscape in Nicosia contrasts sharply with that of coastal provinces....
https://knews.kathimerini.com.cy/en/news/war-in-ukraine-nears-potential-dirty-deal-conclusion
Thomas Friedman, American political commentator, author and weekly columnist for The New York Times, tells Kathimerini that the ongoing war in Ukraine will probably be resolved with “a dirty deal” that will include the loss of a part of eastern Ukraine in exchange for Kyiv’s accession to NATO and the European Union....
https://knews.kathimerini.com.cy/en/news/keravnos-expects-more-from-banks-to-boost-cyprus-economy
The Cyprus economy has proven its resilience in recent years, Finance Minister Makis Keravnos said Tuesday at the 4th Conference "Banking System: New Challenges and Opportunities", that takes place in Nicosia, noting that there are still challenges that the banking sector must address....
https://knews.kathimerini.com.cy/en/business/techisland-summit-2023-cyprus-on-the-fast-track-of-becoming-a-tech-island
TechIsland held its annual TechIsland Summit within the framework of the Reflect Festival on 20 September 2023....
https://knews.kathimerini.com.cy/en/news/notorious-italian-mafia-boss-succumbs-to-cancer-after-30-years-on-the-run
Italian Mafia boss Matteo Messina Denaro, who was convicted of multiple murders and was arrested in January after spending 30 years on the run, has died of cancer, officials said on Monday....
https://knews.kathimerini.com.cy/en/business/eurobank-to-acquire-hellenic-financial-stability-fund-stake
Eurobank Ergasias Services and Holdings S.A. has recently inked a conditional sale and purchase agreement with the Hellenic Financial Stability Fund. This agreement entails the acquisition of the Fund's entire stake in Eurobank's share capital....
https://knews.kathimerini.com.cy/en/news/cyprus-photovoltaics-for-all-cuts-electricity-costs-by-50
In a bold move to expedite the transition to green energy, the Ministry of Energy is gearing up to unveil a groundbreaking solar energy production initiative that promises to reshape the balance between conventional and green energy sources....
https://knews.kathimerini.com.cy/en/news/christodoulides-meets-guterres-in-new-york
Cyprus President, Nikos Christodoulides, meets on Friday in New York with the UN Secretary General, Antonio Guterres.
...
https://knews.kathimerini.com.cy/en/news/europe-grapples-with-alarming-air-pollution-crisis
Europe is currently in the throes of a severe public health emergency, marked by dangerously high levels of air pollution prevalent across nearly all regions of the continent. ...
https://knews.kathimerini.com.cy/en/news/fontainebleau-s-$3-7-billion-vegas-resort-finally-opens
After an arduous 23-year journey, real estate magnate Jeffrey Soffer is finally realizing his dream. On December 13, the Florida-based developer will unveil his latest masterpiece in Las Vegas—a stunning $3.7 billion resort boasting seven exquisite pools, an impressive array of 36 restaurants and bars, and an exclusive rooftop club that offers breathtaking skyline vistas....
https://knews.kathimerini.com.cy/en/business/22-startups-aim-for-10k-prize
Twenty-two startups hailing from Cyprus, Great Britain, Israel, and Greece are vying for the prestigious 10,000 euro prize at the 2023 Digital Agenda Cyprus Summit....
