https://knews.kathimerini.com.cy/en/news/cyprus-has-the-potential-to-become-a-model-of-sustainability-in-europe
In a recent interview during the first-ever Green Agenda Cyprus Summit held at the Hilton in Nicosia, environmental economist and sustainability advocate, Professor Cameron Hepburn, delved into the pressing need for Cyprus to embrace a green transition...
https://knews.kathimerini.com.cy/en/news/dr-hepburn-cyprus-has-the-dirtiest-and-most-expensive-grid-in-the-eu
During his presentation at the Green Agenda Cyprus Summit held today at the Hilton Nicosia, Professor of Environmental Economics at the University of Cyprus, Cameron Hepburn, discussed Cyprus' energy transition and its decoupling from fossil fuels to achieve zero emissions and protect the environment. ...
https://knews.kathimerini.com.cy/en/news/ft-law-firms-turn-to-ai-for-cost-cutting-and-efficiency
Law firms worldwide are increasingly turning to generative artificial intelligence (AI) to streamline operations and reduce costs, with many either......
https://knews.kathimerini.com.cy/en/news/eurobank-s-q1-profit-boosted-by-41m-from-hellenic-bank-investment
Eurobank reported an adjusted net profit of €383 million for the first quarter of 2024, with €92 million originating from Cyprus. ...
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-earns-€133-million-in-profits
The Bank of Cyprus has announced a robust profit of EUR 133 million for the first quarter of 2024, marking a significant increase from EUR 95 million in the same period last year....
https://knews.kathimerini.com.cy/en/news/putin-picks-economist-belousov-as-defense-chief-shoigu-switches-gears
Russian President Vladimir Putin tapped a civilian economist as his surprise new defence minister on Sunday in an attempt to gird Russia for economic war by trying to better utilise the defence budget and harness greater innovation to win in Ukraine....
https://knews.kathimerini.com.cy/en/news/can-a-giant-vacuum-cleaner-be-the-key-to-cleaner-air
Iceland celebrated the inauguration of what's been hailed as the ''world's largest'' direct air capture (DAC) plant on Wednesday. Developed by Swiss company Climeworks, the colossal facility, named ''Mammoth,'' marks a significant stride in combating planet-heating emissions....
https://knews.kathimerini.com.cy/en/news/transport-minister-confirms-nicosia-ring-road-on-track-for-june-16-completion
Transport, Communications, and Works Minister Alexis Vafeadis announced on Wednesday that the Nicosia peripheral motorway project is set to be completed by June 16, 2024, ...
https://knews.kathimerini.com.cy/en/news/controversy-surrounds-17-5-year-extension-request-for-nicosia-ring-road
Recent revelations concerning the implementation timelines of significant public works projects have shed light on longstanding challenges within the realm of project execution. ...
https://knews.kathimerini.com.cy/en/news/ai-powered-deepfake-identity-thefts-surge-3-000
Several months ago, a worker in Hong Kong unexpectedly conducted a transaction worth $25 million for her company, following instructions given......
https://knews.kathimerini.com.cy/en/news/european-airfares-hit-20-30-increase-from-2019-to-2023
Throughout the summer of 2023, air travel across Europe witnessed a significant uptick in prices, with fares soaring 20 to 30% higher compared to pre-pandemic levels in 2019, according to recent data from E data.E. released in October....
https://knews.kathimerini.com.cy/en/news/nasa-cleared-for-£3-35-billion-dragonfly-mission-to-titan
A Dragonfly is heading to Saturn – as Nasa has been given the final permission it needs to launch its Dragonfly mission to Saturn’s moon Titan in the coming years....
https://knews.kathimerini.com.cy/en/business/imported-wine-squeezes-cyprus-market
According to Kathimerini reporter, Andreas Karamitas, wine marketing in Cyprus boasts an annual turnover of approximately €7 million, a sum primarily fueled by domestic consumption rather than exports, which only account for around €1 million. ...
https://knews.kathimerini.com.cy/en/news/minister-stands-against-early-fees-for-great-sea-interconnector
Cypriot electricity consumers should not be burdened with a surcharge before the operation of the electricity interconnector linking Greece and Cyprus and the consequent reduction of electricity costs, Minister of Energy, Commerce and Industry George Papanastasiou said on Monday....
https://knews.kathimerini.com.cy/en/news/rutland-reveals-first-ever-statue-of-queen-elizabeth-ii
A statue of Queen Elizabeth II, thought to be the first permanent memorial to the late monarch, has been unveiled in Rutland....
https://knews.kathimerini.com.cy/en/news/nicosia-ring-road-faces-setbacks-delays-and-budget-overruns
The Nicosia Ring Road project, a cornerstone of infrastructure development in Cyprus, has encountered significant setbacks, including delays and budget overruns, casting a shadow over its completion prospects and anticipated benefits, according to a report by Apostolos Tomaras in Kathimerini's Sunday edition....
https://knews.kathimerini.com.cy/en/news/europe-s-heat-related-deaths-surge-by-30-in-20-years-report-finds
Scorching weather has baked Europe in more days of “extreme heat stress” than its scientists have ever seen....
https://knews.kathimerini.com.cy/en/business/tensions-mount-over-great-sea-interconnector
The Greek Energy Minister, Theodoros Skylakakis, expressed frustration at the Delphi Economic Forum regarding the tactics employed by the Cypriot government concerning the final investment decision on the Great Sea Interconnector power cable. ...
https://knews.kathimerini.com.cy/en/business/greek-workers-strike-paralyzes-transport-services
In Greece, transport services came to a standstill on Wednesday as workers across various sectors participated in a 24-hour strike, demanding higher pay to offset the increasing cost of living...
https://knews.kathimerini.com.cy/en/news/4-000-lives-lost-in-a-single-blast
In the midst of conflict, even the most unexpected victims are not spared from tragedy, as evidenced by the devastating impact on IVF embryos in Gaza. ...
https://knews.kathimerini.com.cy/en/news/astrobank-s-record-breaking-year-€30-4m-in-profits-for-2023
AstroBank reported Profit After Tax of €30.4 million for 2023, representing a return on equity (RoE) of 13.9%, compared with €12.2 million and RoE of 6.2% for 2022, achieving an increase on profit of 150%, mainly due to increased interest income....
https://knews.kathimerini.com.cy/en/news/four-seasons-yachts-plans-130-port-visits-in-30-countries
In the bustling cruise market, Four Seasons Yachts has made a splash, unveiling its inaugural vessel flaunting 95 opulent suites and set to embark on its maiden voyage come January 2026....
https://knews.kathimerini.com.cy/en/news/cyprus-implements-plan-b-to-curb-surge-in-syrian-refugees
Cyprus has taken decisive action to manage the increasing flow of Syrian refugees seeking asylum, according to reliable sources. ...
https://knews.kathimerini.com.cy/en/business/what-economic-headlines-are-making-waves-this-week
Amidst a backdrop of economic shifts and global challenges, a series of key developments are shaping the financial landscape. ...
https://knews.kathimerini.com.cy/en/comment/opinion/gaza-s-wounds-deepen-amidst-humanitarian-crisis
The ongoing conflict in Gaza offers little novelty to seasoned observers of conflicts, especially within the tumultuous landscape of the Middle East's Arab-Israeli tensions....
https://knews.kathimerini.com.cy/en/news/israel-fast-tracks-sea-interconnector-project
Israel’s authorities requested the acceleration of procedures for the implementation of the Great Sea Interconnector project (Greece-Cyprus-Israel), in the section of the Cyprus-Israel power linkup....
https://knews.kathimerini.com.cy/en/business/businesses-turn-to-banks-amid-funding-crunch
In 2023, businesses encountered a tough road ahead when it came to securing loans, as costs continued to climb....
https://knews.kathimerini.com.cy/en/news/chevron-s-new-proposal-for-aphrodite
March 31 marked the end of the three-month deadline given by Nicosia to the US company Chevron, a key partner in the joint venture for the development of Block 12 ...
https://knews.kathimerini.com.cy/en/news/cyprus-faces-electricity-market-struggles-amid-smart-meter-setback
Cyprus faces significant hurdles in its electricity sector, notably in establishing a fair and competitive market. This impacts consumer choice of suppliers and efforts to transition to cleaner energy sources at home....
https://knews.kathimerini.com.cy/en/news/rhodes-island-initiates-special-visa-for-turkish-tourists
Officials on the Greek island of Rhodes opened a new vacation visa terminal for Turkish visitors Monday as part of a diplomatic effort to ease long-standing tensions between the two countries.
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