https://knews.kathimerini.com.cy/en/news/how-abramovich-evaded-millions-in-taxes-using-cyprus
A massive tax evasion scheme tied to Roman Abramovich’s superyachts has been uncovered, shedding light on how the Russian billionaire exploited Cyprus’ offshore business environment. Leaked documents reveal that from 2005 to 2012, Abramovich’s companies set up a fake yacht-leasing business in Cyprus to dodge EU taxes on his luxury vessels....
https://knews.kathimerini.com.cy/en/business/orthodoxou-aviation-ltd-–-general-sales-representative-of-anima-wings-in-cyprus
We are pleased to announce that starting from May 2024, Orthodoxou Aviation Ltd has been appointed as the General Sales Agent (GSA) of Anima Wings in Cyprus, ...
https://knews.kathimerini.com.cy/en/news/twin-wildfires-ravage-southern-california-devastating-celebrity-enclave
Two fast-moving wildfires erupted Tuesday in Southern California, forcing tens of thousands to flee and leaving a path of destruction across neighborhoods, including Pacific Palisades — a scenic, ocean-adjacent area known for its celebrity residents and multimillion-dollar homes....
https://knews.kathimerini.com.cy/en/comment/opinion/2025-a-new-chapter-for-cyprus-s-property-market
2024 was both literally and figuratively a leap year. Metaphorically speaking, we anticipated this shift a year ago as we reflected on 2023 and made our predictions for the year ahead....
https://knews.kathimerini.com.cy/en/news/cablenet-welcomes-velisarios-masouras-as-chief-financial-officer
Cablenet is pleased to announce the appointment of Velisarios Masouras as its new Chief Financial Officer (CFO), effective November 18, 2024....
https://knews.kathimerini.com.cy/en/business/k-treppides-co-ltd-director-george-p-nicolaou-honored-with-young-dragon-awards-nomination
The nomination of George P. Nicolaou, director at K. Treppides & Co Ltd, for the prestigious Young Dragon Awards marks a significant milestone for both him and the company....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-real-estate-market-falters-as-october-sales-drop-6
With just two months left in the year, October has shown that, despite some resilience, the market remains unable to inspire optimism. Economic indicators for the average household have not sparked an uptick in investment interest, and the ongoing geopolitical instability is growing....
https://knews.kathimerini.com.cy/en/news/foreign-ministry-confirms-arrival-of-500-australians-in-larnaca-from-lebanon
Two more flights from Lebanon carrying Australian nationals who are departing in light of regional developments are expected at Larnaka on Wednesday....
https://knews.kathimerini.com.cy/en/news/$1-800-boat-trips-in-high-demand-amid-lebanon-conflict
Before war engulfed Lebanon, the Princess 2010 yacht was a symbol of leisure, cruising along the coast with passengers paying $600 each to enjoy its 24-meter luxury. ...
https://knews.kathimerini.com.cy/en/news/new-flights-from-lebanon-for-uk-nationals-with-boat-routes-to-cyprus
More charter flights are expected throughout the day to evacuate British nationals from Lebanon, according to the UK Foreign Office, which described the number of flights as "limited."
...
https://knews.kathimerini.com.cy/en/news/greece-braces-for-uncontrolled-migration-amid-middle-east-crisis
Greece is bracing for a potential wave of uncontrolled migration, a concern highlighted during Wednesday’s meeting of the country’s National Security Council (KYSYEA)....
https://knews.kathimerini.com.cy/en/news/cyprus-urges-un-security-council-to-uphold-peacekeeping-principles
Maria Michael, Cyprus’ Permanent Representative to the United Nations, underscored the critical role of peacekeeping operations amidst global challenges to peace......
https://knews.kathimerini.com.cy/en/news/monks-request-postponement-in-saint-avakoum-monastery-case
The monks involved in the case of the Holy Monastery of Saint Avvakoum have requested a postponement from the six-member Synodal Court, citing the need for their new lawyer, George Stylianou, to familiarize himself with the case.
...
https://knews.kathimerini.com.cy/en/news/british-tech-mogul-mike-lynch-missing-after-superyacht-sinks-in-freak-sicilian-storm
British tech magnate Mike Lynch and five others remain missing after their luxury superyacht sank during a freak storm off the coast of Sicily early Monday, Italian authorities reported. ...
https://knews.kathimerini.com.cy/en/news/ukraine-linked-to-nord-stream-blast-despite-zelensky-s-objection
Ukraine was reportedly behind the destruction of the Nord Stream pipeline, according to a recent report by The Wall Street Journal. The September 2022 explosion severely disrupted Russia's natural gas exports and caused significant turmoil in global energy markets....
https://knews.kathimerini.com.cy/en/news/hezbollah-threatens-imminent-attack-on-israel
Hezbollah leader Hassan Nasrallah addressed supporters via video during a ceremony commemorating top commander Fuad Shukr, killed by an Israeli airstrike a week earlier. ...
https://knews.kathimerini.com.cy/en/news/cyprus-sees-surge-in-russian-tourism-despite-sanctions
Cyprus is witnessing a promising increase in Russian and Russian-speaking tourists despite the European Union's sanctions following Russia's 2022 invasion of Ukraine, which led to the suspension of direct flights between Cyprus and Russian airports....
https://knews.kathimerini.com.cy/en/news/futuristic-yacht-stuns-mykonos-with-sci-fi-design
https://knews.kathimerini.com.cy/en/news/turkish-parliament-urges-recognition-of-northern-cyprus-as-independent-state
In a resolution marking the 50th anniversary of Operation Attila, the Turkish parliament has called on the international community to recognize the occupied territories in Northern Cyprus as an independent state....
https://knews.kathimerini.com.cy/en/news/france-accused-of-racist-discrimination-over-olympic-hijab-ban
France is under fire for barring its athletes from wearing hijabs at the upcoming Paris Olympics, a move critics call 'racist gender discrimination'....
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....
https://knews.kathimerini.com.cy/en/comment/opinion/are-we-in-a-real-estate-bubble
The real estate market has been steadily rising since 2015, marking the ninth consecutive year of growth in the sector. However, this broad trend has not been without fluctuations, particularly influenced by the economic disruptions of the pandemic era. Monthly analyses of transaction numbers and volumes from this platform illustrate these ups and downs....
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......
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....
https://knews.kathimerini.com.cy/en/business/dsv-and-unicef-announce-partnership-to-increase-access-to-essential-supplies-for-children-worldwide
The new strategic partnership will provide rapid emergency responses while strengthening national supply chains....
https://knews.kathimerini.com.cy/en/news/aegean-welcomes-its-passengers-to-its-new-business-lounge-at-larnaca-international-airport-located-next-to-the-departure-gates
As of today, AEGEAN's new Business Lounge at Larnaca International Airport “Glafcos Clerides " is opening its gates and welcoming its passengers into a primely located, high aesthetics and comfort space, designed to further enhance their travel experience....
https://knews.kathimerini.com.cy/en/news/pwc-cyprus-is-strengthened-with-new-partners
As PwC Cyprus continues its successful re-invention and shift to a new business model, fit and relevant for the new market conditions and opportunities, ...
https://knews.kathimerini.com.cy/en/news/eu-replaces-dangerous-asbestos-sewer-pipes-in-nicosia
The European Commission announced Thursday that work has begun to replace old asbestos pipes in the Nicosia sewer system. The project is funded by the Aid Programme for the Turkish Cypriot Community and will be carried out by the United Nations Development Programme (UNDP)....
https://knews.kathimerini.com.cy/en/news/banking-sector-s-pledge-to-environmental-transition
Eliza has been the Executive Director of Finance since October 2019 and since October 2021 she has been an Executive Member of the Bank of Cyprus Board of Directors....
https://knews.kathimerini.com.cy/en/news/cyprus-stands-with-armenians-to-preserve-rich-heritage
The Deputy Ministry of Culture always stands by and helps every effort of the Armenians of Cyprus to save their cultural heritage, said the competent Deputy......