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”).
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https://knews.kathimerini.com.cy/en/news/kedipes-sends-first-approvals-for-mortgage-to-rent-scheme
State-owned asset management company, KEDIPES began sending the first approvals for eligible borrowers as part of the government-funded mortgage-to-rent scheme....
https://knews.kathimerini.com.cy/en/business/paphos-polis-road-project-faces-uncertain-future
The long-awaited road project connecting Paphos to Polis Chrysochous, which began in May 2021, faces significant delays and potential abandonment. ...
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/british-teen-becomes-world-s-first-to-receive-brain-implant-for-epilepsy-control
A UK teenager with severe epilepsy has become the first person in the world to be fitted with a brain implant aimed at bringing seizures under control....
https://knews.kathimerini.com.cy/en/news/apple-introduces-ai-but-only-for-iphone-15-pro-users
After nearly two years of anticipation, Apple has finally entered the artificial intelligence (AI) race....
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....
https://knews.kathimerini.com.cy/en/news/sklavenitis-expands-to-27-stores-with-papantoniou-deal
Sklavenitis Cyprus has announced the integration of Papantoniou Supermarkets into its network....
https://knews.kathimerini.com.cy/en/news/bbf-announces-the-full-sale-of-four-class-a-business-centers-in-cyprus-in-the-past-12-months
BBF, Limassol’s top luxury residential developer, successfully sold out four Class A office buildings within the last year. Spanning a total area of approximately 20,000 sq. m., the full sale of bbf: latitude, bbf: liberty, bbf: benchmark, and bbf: summit solidifies BBF’s position as a leading name in Cyprus's commercial real estate market as well....
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/limassol-man-loses-€46-900-in-car-sales-scam
A 28-year-old man reported to Limassol Police Station that he was the victim of electronic fraud after transferring €46,900 to a bank account he believed belonged to a car sales company....
https://knews.kathimerini.com.cy/en/business/cbc-chief-warns-tax-on-big-profits-could-hurt-economy
The new Governor of the Central Bank of Cyprus (CBC), Christodoulos Patsalides, expressed opposition to a windfall profits tax, which is a tax imposed by governments on companies that have experienced unexpectedly large profits,...
https://knews.kathimerini.com.cy/en/news/new-global-report-launched-at-global-family-business-summit
The Global Family Business report from KPMG Private Enterprise and the STEP Project Global Consortium reveals how some successful business families adopt a future-centric view of legacy that binds generations together, creating dynamic legacies that adhere with tradition while simultaneously embracing innovation...
https://knews.kathimerini.com.cy/en/business/eurobank-increases-stake-in-hellenic-bank-to-55-48
Eurobank's share in Hellenic Bank has increased to 55.48%, after the latest acquisition of 240.303 shares, for €0.62 million....
https://knews.kathimerini.com.cy/en/news/epic-customer-service-136-wins-best-contact-centre-plus-5-more-awards
Epic introduced to the Cyprus market a unique combination of two powerful elements: a great network with great value. ...
https://knews.kathimerini.com.cy/en/business/eurobank-boosts-stake-in-hellenic-bank-with-over-500-000-shares
Eurobank has acquired 503,934 more shares in Hellenic Bank, for the cost of €1.29 mn, increasing its share at 55.42%....
https://knews.kathimerini.com.cy/en/business/alphamega-hypermarkets-play-ball-giving-away-gifts-for-the-euro-2024
The moment all footballer lovers across Europe have been waiting for is almost here, and for yet another time, Alphamega Hypermarkets could not be missing from this huge sporting celebration....
https://knews.kathimerini.com.cy/en/news/1974-toyotas-stand-still-in-nicosia-s-buffer-zone
In the summer of 1974, amidst the bustling streets of Ledra, Dikran's father, Stefan, welcomed a fleet of untouched Toyota cars, Corolla, Corona......
https://knews.kathimerini.com.cy/en/news/greek-olive-oil-producers-reject-bulk-sales-thrive-in-export-market
They knew the easy way. They could have effortlessly sent their oil in bulk to Italy....
https://knews.kathimerini.com.cy/en/news/did-zelensky-really-buy-a-hotel-in-occupied-cyprus
A false news story claiming that Ukrainian President Volodymyr Zelensky had purchased the Vuni Palace Hotel in occupied Kyrenia circulated widely in Greece and Cyprus for nearly 36 hours....
https://knews.kathimerini.com.cy/en/news/damiani-expands-global-presence-with-first-boutique-in-cyprus
The Italian luxury jewelry group Damiani is celebrating its centenary this year, marking a century of excellence in goldsmithing, diamonds, gems, and pearls.
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https://knews.kathimerini.com.cy/en/news/australia-stops-cyprus-ship-access-over-safety-concerns
The Australian Maritime Safety Authority (AMSA) has taken decisive action, imposing a three-month ban on the Cypriot-flagged bulk carrier Peace from accessing Australian ports due to serious safety concerns....
https://knews.kathimerini.com.cy/en/news/fti-bankruptcy-adds-to-woes-of-cyprus-tourism-sector
The recent bankruptcy of German tour operator FTI has sent ripples through the Cyprus tourism industry, highlighting both immediate concerns and long-term implications....
https://knews.kathimerini.com.cy/en/news/ukrainian-embassy-denies-zelensky-casino-purchase
The Embassy of Ukraine in the Republic of Cyprus has firmly denied allegations that Ukrainian President Volodymyr Zelensky has purchased a casino in Kyrenia. In a recent statement,...
https://knews.kathimerini.com.cy/en/business/unpaid-debts-from-fti-touristik-bankruptcy-threaten-cyprus-hotels
The European tourism market has been jolted by the bankruptcy of FTI Touristik, a major German travel organiser. ...
https://knews.kathimerini.com.cy/en/news/government-rejects-fti-group-s-bailout-plea-leading-to-bankruptcy
FTI Group, Europe’s third-largest travel provider, declared bankruptcy today following unsuccessful negotiations with the federal government, impacting 11,000 employees and tens of thousands of travelers currently on holiday or with future bookings....
https://knews.kathimerini.com.cy/en/news/vasiliko-president-dismisses-velvet-divorce-talks-with-chinese-firm
Cyprus President Nikos Christodoulides dismissed reports of a "velvet divorce" with the Chinese state-owned company CPP regarding the liquefied natural gas (LNG) terminal in Vasiliko....
https://knews.kathimerini.com.cy/en/news/hackers-claim-560m-ticketmaster-accounts-breached
Ticketmaster owner Live Nation confirmed "unauthorised activity" on its database after a group of hackers said they had stolen the personal details of 560 million customers.
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https://knews.kathimerini.com.cy/en/news/restoration-of-larnaca-port-project-could-take-years-says-transport-minister
The initial steps toward determining the future of Larnaca's port and marina will commence this afternoon as the Minister of Transport......
https://knews.kathimerini.com.cy/en/comment/opinion/the-vilification-of-entrepreneurship
In recent weeks, Kathimerini (''K'') has been delving into public procurement, an area that absorbs a significant portion of public funds. The focus was on the Nicosia perimeter road project, which holds crucial importance for the city....
