https://knews.kathimerini.com.cy/en/business/cabinet-moves-forward-with-plan-to-support-cyprus-entrepreneurs
Cyprus is gearing to set up a National Development Organisation which coupled with the Cyprus Equity Fund will promote entrepreneurship by covering financing gaps for small and medium-sized enterprises and start-ups, Minister of Finance Makis Keravnos said on Wednesday....
https://knews.kathimerini.com.cy/en/news/putin-and-erdogan-set-to-explore-russian-turkish-bank-formation
Moscow and Ankara are set to discuss the establishment of a bank serving Russian and Turkish interests, among other topics, during the upcoming week, according to the Kremlin....
https://knews.kathimerini.com.cy/en/news/cera-proposes-reduced-electricity-increases-amidst-parliamentary-discussion
The head of Regulatory Energy Cyprus (Cera), Andreas Poulikkas, briefed the Parliament's Finance Committee on the latest proposals submitted by the Electricity Authority of Cyprus (EAC) for review. ...
https://knews.kathimerini.com.cy/en/news/houthi-threats-target-red-sea-internet-backbone
Telecom companies affiliated with the UN-recognized Yemeni government expressed concerns on Sunday over potential sabotage plans by Houthi rebels targeting a network of submarine cables in the Red Sea....
https://knews.kathimerini.com.cy/en/news/biden-praises-job-growth-declares-us-economy-strongest-in-the-world
President Joe Biden lauded the robust jobs report released on Friday, touting it as evidence of the United States possessing the world's strongest economy....
https://knews.kathimerini.com.cy/en/news/us-senators-grill-social-media-ceos-over-child-safety-concerns
In a heated session on Wednesday, U.S. senators confronted leaders of major social media companies, urging swift legislative action to address escalating threats of sexual predation targeting children on their platforms....
https://knews.kathimerini.com.cy/en/news/businesses-can-now-register-for-renewable-energy-funding-programs
Businesses interested in participating in grant schemes to encourage the use of Renewable Energy Sources (RES) and Energy Efficiency (EE) are now able to register, according to the Management Committee of the Renewable Energy Sources (RES) and Energy Saving (EE) Fund....
https://knews.kathimerini.com.cy/en/business/hellenic-bank-and-ergo-germany-eye-cnp-cyprus-acquisition
Two entities are currently in discussions regarding the acquisition of CNP Cyprus Insurance Holdings, the subsidiary of the French insurance giant CNP Assurances. ...
https://knews.kathimerini.com.cy/en/news/techisland-announces-new-startup-school-workshops
TechIsland, the largest tech association in Cyprus, is excited to announce the return of its workshop series, ''Startup School''. The series is part of the TechIsland Academy and aims to educate and empower startups in Cyprus....
https://knews.kathimerini.com.cy/en/business/deal-in-the-works-for-cnp-cyprus
The subsidiary of the French insurance giant CNP Assurances, CNP Cyprus Insurance Holdings, is currently in discussions for a potential change in ownership. ...
https://knews.kathimerini.com.cy/en/news/cyprus-leads-the-eu-in-cross-border-investments
During a Parliamentary Finance Committee meeting, CySEC Chairman George Theocharides announced Cyprus's top-ranking status in providing cross-border investment services within the EU....
https://knews.kathimerini.com.cy/en/business/businesses-fear-global-tax-reform-will-lead-to-double-taxation
Global tax reform, ineffective use of technology and economic uncertainty are putting significant strain on business’ transfer pricing (TP) capabilities, according to the 2024 EY International Tax and Transfer Pricing Survey....
https://knews.kathimerini.com.cy/en/news/cameras-cut-road-deaths-by-18-in-two-years
The two-year operation of the photo-labeling system, initiated on 1/1/2022 with four mobile and four fixed cameras, has witnessed a remarkable success in enhancing road safety....
https://knews.kathimerini.com.cy/en/business/lidl-cyprus-top-employer-in-cyprus-also-in-2024
Lidl Cyprus is the Top Employer for the 7th consecutive year in Cyprus and Europe, according to the results of the internationally recognized independent organization Top Employer Institute....
https://knews.kathimerini.com.cy/en/news/businesses-receive-€14-million-in-pandemic-blunder
In an inadvertent error, support payments totaling EUR 13.82 million were extended to 152 cases, failing to meet subsidy criteria under the Plan's terms and conditions. ...
https://knews.kathimerini.com.cy/en/news/cyprus-backs-un-resolution-condemning-houthi-attacks-on-red-sea-shipping
The Cypriot registry seems to remain unaffected for the time being by the latest developments in the Red Sea......
https://knews.kathimerini.com.cy/en/business/the-plague-of-the-cyprus-port-industry
Cyprus holds a pivotal role as a major trading hub and a crucial maritime center, leveraging its strategic geographical position and island status to foster maritime transport development. ...
https://knews.kathimerini.com.cy/en/business/japanese-shipping-giants-halt-red-sea-routes-amid-rising-security-concerns
In a significant development, Japan's three major shipping companies, Nippon Yusen, Kawasaki Kisen Kaisha, and Mitsui O.S.K Lines, have suspended navigation through the Red Sea due to ongoing Houthi rebel attacks on vessels....
https://knews.kathimerini.com.cy/en/news/makis-keravnos-voices-concerns-over-geopolitical-developments
The global supply chain disruption and its economic impact on Europe and the world have raised concerns among Europeans....
https://knews.kathimerini.com.cy/en/news/how-the-consumer-pocket-faces-a-perfect-economic-storm
The uncertainty and the intense upheavals in the global supply chain continue....
https://knews.kathimerini.com.cy/en/news/shell-halts-red-sea-route-amidst-houthi-threats
In a significant move responding to heightened security risks, oil giant Shell has officially opted to suspend the utilization of the Red Sea Route for cargo transport, a decision unveiled through the Wall Street Journal....
https://knews.kathimerini.com.cy/en/business/big-news-new-eu-data-rules-give-you-more-control
In a significant development, the European Union's Data Act officially came into force today, ushering in a new era for data access and privacy in the EU market. ...
https://knews.kathimerini.com.cy/en/business/one-stop-shipping-centre-launched-to-boost-competitiveness
The One Stop Shipping Centre has set sail in Cyprus, marking a significant development for the Cypriot shipping industry. Launched by the Deputy Ministry of Shipping under the President of the Republic,...
https://knews.kathimerini.com.cy/en/news/houthi-strikes-send-prices-soaring-in-global-trade
In recent weeks, the developments in the Red Sea, with the Houthi attacks on commercial ships and their impact on global trade, have dominated the discussions of suppliers with their partners....
https://knews.kathimerini.com.cy/en/news/companies-spared-fines-for-real-beneficiaries-registry
In light of recent reports, the Department of Companies and Intellectual Property (DCIP) in Cyprus provides updates on the implementation of Law 188(I)/2007 addressing the Prevention and Combating of Money Laundering....
https://knews.kathimerini.com.cy/en/business/companies-grapple-with-soaring-fines-amidst-regulatory-confusion
There's a significant issue with hefty fines hitting companies hard – we're talking about a daily hit of €100. The crux of the matter lies in a bureaucratic mix-up regarding the accurate records of company ownership, managed by the Company Registrar....
https://knews.kathimerini.com.cy/en/news/houthi-rebels-reject-us-maritime-shield-typhoon-aircraft-take-off-from-akrotiri
As the sun sets over the Akrotiri base in Cyprus, a celestial dance unfolds. Two pairs of Typhoon FGR4 aircraft, gracefully reported by British TV channels, take flight....
https://knews.kathimerini.com.cy/en/news/mitsotakis-unveils-stance-on-same-sex-marriage
He opened his cards on the issue of same-sex marriage, which has caused a lot of discussion, yesterday the Prime Minister Kyriakos Mitsotakis......
https://knews.kathimerini.com.cy/en/news/cyprus-and-uk-businesses-join-forces-in-new-strategic-partnership
The Cyprus Organization for Standardization and the Great Britain-Cyprus Business Association (GBCY) have announced a new strategic collaboration....
https://knews.kathimerini.com.cy/en/news/greek-pm-sparks-debate-on-same-sex-marriage-rights
Prime Minister Kyriakos Mitsotakis has decided to open the debate on same-sex marriage and parenthood, as is expected to address the issue extensively in a television interview on Wednesday....
