https://knews.kathimerini.com.cy/en/news/investment-funds-hit-record-high-at-€2-9-billion
Assets investment by investment funds in Cyprus rose to €2.9 billion in the second quarter of this year, reaching the highest point ever, manifesting the sector’s growing contribution to the Cypriot economy....
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/walt-disney-s-100-year-story-of-success
The Walt Disney Company is celebrating its 100th anniversary....
https://knews.kathimerini.com.cy/en/news/1-hamas-to-broadcast-executions-of-israeli-hostages-online
Hamas militants have vowed to broadcast their executions of Israeli hostages on the internet. Recent history shows there's virtually nothing tech companies can do to prevent that from happening....
https://knews.kathimerini.com.cy/en/news/scandal-involving-subsidies-for-t-c-land-use-sparks-outrage
A recent 2022 Audit Office report raises concerns about the use of Turkish Cypriot and state land in Cyprus. Roughly 30 companies and individuals receive substantial subsidies from the Cyprus Agricultural Payments Agency, despite some lacking state contracts....
https://knews.kathimerini.com.cy/en/comment/opinion/foreign-company-hired-to-clean-cyprus-reputation-–-but-is-it-really-dirty
The Ministry of Foreign Affairs has assigned a foreign company the Herculean task of orchestrating a campaign to cleanse Cyprus' tarnished reputation abroad....
https://knews.kathimerini.com.cy/en/news/government-vulnerable-to-rising-fuel-costs-amid-middle-east-tensions
Economist Pampos Papageorgiou recently addressed the potential economic consequences that the ongoing conflict in the Middle East may bring to Cyprus and Europe....
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/news/ireland-s-tax-policies-fill-sovereign-fund-coffers
Countries like Saudi Arabia, Norway, and Chile have long established their own sovereign-wealth funds....
https://knews.kathimerini.com.cy/en/news/government-to-expand-workforce-in-2024
In the 2024 budget, authorities anticipate total general government revenue of €13.2 billion and expenditures of €11.8 billion, resulting in a fiscal surplus of €659 million, equal to 2.2% of GDP. ...
https://knews.kathimerini.com.cy/en/news/the-israel-war-s-impact-on-economy-and-energy-prices
Economists have been examining the inevitable economic consequences of the war in Israel, particularly its influence on fuel and electricity costs....
https://knews.kathimerini.com.cy/en/business/ey-cyprus-organised-an-event-on-the-implementation-and-implications-of-the-european-corporate-sustainability-reporting-directive-csrd
EY Cyprus has organized an event to present the challenges that many Cypriot companies will face in implementing the European Corporate Sustainability Reporting Directive (CSRD) and the European Sustainability Reporting Standards (ESRS). ...
https://knews.kathimerini.com.cy/en/news/president-vows-to-improve-shipping-registry
The President of the Republic of Cyprus, Nikos Christodoulides, reaffirmed the government’s dedication to enhancing the services provided by the Cypriot Shipping Registry, while addressing on Monday evening a dinner hosted at the Presidential Palace on the occasion of the "Cyprus Shipping 2023" International Conference....
https://knews.kathimerini.com.cy/en/news/christodoulides-celebrates-cyprus-as-a-maritime-powerhouse-at-maritime-cyprus-2023
President Nikos Christodoulides addressed the Maritime Cyprus 2023 Conference in Limassol, highlighting Cyprus as a major ship management center in Europe and worldwide. ...
https://knews.kathimerini.com.cy/en/business/4-day-3d-printed-homes-with-eco-friendly-materials
A recyclable 3D-printed home made from natural materials has been revealed to the public, and this may only be the beginning....
https://knews.kathimerini.com.cy/en/news/ai-enhancing-work-life-balance-100-year-careers
JPMorgan CEO Jamie Dimon is shaking off doomsday predictions about what AI means for humanity — instead laying out how he sees the technology vastly improving businesses and the work-life balance of their employees....
https://knews.kathimerini.com.cy/en/news/kyriakos-kokkinos-significant-participation-of-start-ups-from-four-countries-in-the-alpha-stage-of-da23
A total of 23 proposals from start-up businesses in Cyprus, Israel, Greece, and the United Kingdom are participating in the Alpha Stage of the Digital Agenda Cyprus Summit....
https://knews.kathimerini.com.cy/en/business/techisland-appoints-ugne-buraciene-group-ceo-of-payabl-to-the-board-of-directors
TechIsland, Cyprus's leading tech association, is proud to announce that Ugne Buraciene, Group Chief Executive Officer of payabl., will be joining its Board of Directors, effective 4th October 2023....
https://knews.kathimerini.com.cy/en/news/minister-papanastasiou-meets-exxonmobil-vp-for-gas-project-talks
Cyprus' Energy Minister George Papanastasiou met on Wednesday with ExxonMobil's Vice President John Ardill in Abu Dhabi....
https://knews.kathimerini.com.cy/en/news/president-s-silent-pension-raises-eyebrows
Both the President of the Republic and members of Parliament have emphasized the necessity of legislative regulation to put an end to the simultaneous receipt of public employee pensions and salaries by political officials.
...
https://knews.kathimerini.com.cy/en/comment/opinion/real-estate-boom-in-greece-and-cyprus
The real estate landscapes of Greece and Cyprus are undergoing significant transformations, with both nations showcasing promising growth and recovery. However, beneath the surface of these top-line numbers, there are underlying challenges and disparities that need to be addressed....
https://knews.kathimerini.com.cy/en/news/cyprus-celebrates-63rd-independence-anniversary-with-impressive-military-parade
Cyprus marked its 63rd independence anniversary with a grand military parade that showcased the unwavering commitment of the National Guard to ensure the nation's security....
https://knews.kathimerini.com.cy/en/news/cbc-governor-herodotou-reveals-breakthrough-in-digital-finance
The Central Bank of Cyprus has completed the tender for a new digital platform for customer compliance, said CBC Governor Constantinos Herodotou, speaking at an event organized by the Association of Cyprus Electronic Money and Payment Institutions, on Thursday afternoon....
https://knews.kathimerini.com.cy/en/news/european-parliament-clears-the-air-on-carry-on-baggage-fees
From now on, traveling by plane will be a different process for millions of passengers in Europe who wish to travel with carry-on baggage....
https://knews.kathimerini.com.cy/en/news/president-biden-stands-with-striking-autoworkers-demanding-40-pay-raise
President Joe Biden on Tuesday joined a picket line with striking autoworkers in Michigan, supporting their call for a 40% pay raise and saying they deserve a "lot more" than they are getting....
https://knews.kathimerini.com.cy/en/business/sepaga-emi-named-one-of-the-top-20-great-places-to-work-in-europe
Nicosia, Cyprus – 26/9/2023 – Sepaga EMI, a leading fully licensed and regulated Electronic Money Institution by the Central Bank of Cyprus (License No. 115.1.3.18/2018) since 2017 takes pride in providing its clients with exceptional financial solutions for managing their funds and global payments....
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/business/nearly-€158-000-in-fines-imposed-for-undeclared-and-illegal-labor
In a series of targeted measures and inspections by the Ministry of Labour and Social Insurance and the Ministry of Interior, 204 illegal workers and 98 undeclared workers were found to be working at businesses, and as a result, administrative fines of €157,900 were issued against these companies....
https://knews.kathimerini.com.cy/en/news/are-green-products-really-green-eu-takes-a-stand
Have you ever looked at a product that claims to be carbon neutral or environmentally friendly and wondered what the heck that means, specifically? It can be a dodgy marketing practice that induces consumers into buying something that may not be anything of the sort....
https://knews.kathimerini.com.cy/en/news/syprodat-and-government-join-forces-to-end-non-performing-loans
Finance Minister Makis Keravnos expressed satisfaction with the progress made in divestments and the reduction of non-performing loans (NPLs) during a meeting at the Ministry of Finance with SYPRODAT President Costas Melas and Association Director Jenny Papacharalambous....
