https://knews.kathimerini.com.cy/en/news/$500-billion-ai-project-aims-to-transform-the-u-s-but-sparks-rivalries
President Donald Trump and leading tech executives have announced an ambitious $500 billion project, dubbed "Stargate," aimed at expanding AI data centers across the United States. ...
https://knews.kathimerini.com.cy/en/news/building-safety-concerns-prompt-eac-building-evacuation
The Electricity Authority of Cyprus (EAC) has evacuated its oldest building in central Nicosia as a precautionary measure after inspections flagged seismic safety deficiencies....
https://knews.kathimerini.com.cy/en/news/latchi-port-expansion-to-transform-polis-chrysochous
The long-anticipated expansion of Latchi Port, managed by the Cyprus Ports Authority, is once again gaining momentum. The project, considered a game-changer for Polis Chrysochous, promises to bring significant economic and social benefits to the region....
https://knews.kathimerini.com.cy/en/news/trump-declares-immigration-emergency-in-first-act
On his first day back in the White House, President Donald Trump hit the ground running, signing a wave of executive actions aimed at undoing much of his predecessor’s legacy. The day was packed with bold decisions, controversial pardons, and a few unexpected twists....
https://knews.kathimerini.com.cy/en/news/turkish-airlines-‘pet-lounge-gives-furry-travelers-first-class-perks
It seems Turkish Airlines is tired of its furry passengers feeling left out of the first-class treatment. The airline, which already prides itself on flying to more countries than any other, just rolled out a ‘Pet Lounge’ at Istanbul Airport....
https://knews.kathimerini.com.cy/en/business/president-s-banking-measures-spark-surge-in-first-home-loans
President Nikos Christodoulides' efforts to support citizens through new banking measures are beginning to yield results. Meetings held in December with the CEOs of Cyprus’ two major banks, Bank of Cyprus (BoC) and Hellenic Bank (HB), appear to have sparked a tangible interest in first-home mortgage schemes....
https://knews.kathimerini.com.cy/en/news/grave-mistake-in-larnaca-village-as-wrong-coffin-delivered-to-funeral
In what can only be described as a scene from a dark comedy, a funeral in the quiet village of Kellia, Larnaca District, took an unexpected and macabre turn when the wrong coffin was delivered to the service....
https://knews.kathimerini.com.cy/en/news/first-cypriot-appointed-to-helm-global-shipping-powerhouse
The appointment of a Cypriot as Secretary General/CEO of the International Chamber of Shipping (ICS) is a major vote of confidence in the Cypriot shipping industry....
https://knews.kathimerini.com.cy/en/business/starbucks-new-rule-no-coffee-no-entry
Starbucks is set to roll out a new policy requiring customers to make a purchase if they wish to linger in its cafes or use its bathrooms. ...
https://knews.kathimerini.com.cy/en/news/1-ai-to-shake-up-banking-putting-thousands-of-jobs-at-risk
The global banking industry is bracing for a seismic shift as artificial intelligence (AI) continues to revolutionize the sector. A recent study by Bloomberg Intelligence predicts that up to 200,000 jobs in banking will be eliminated over the next three to five years as AI takes over tasks currently performed by employees....
https://knews.kathimerini.com.cy/en/news/mcdonald-s-cuts-lgbtq-inclusion-efforts-but-claims-it-still-‘cares-about-diversity
McDonald’s, one of the world’s most recognizable brands, is recalibrating its diversity, equity, and inclusion (DEI) policies in response to recent societal and legal changes....
https://knews.kathimerini.com.cy/en/news/eu-and-turkey-edge-closer-to-modernizing-customs-union
A significant effort is underway to modernize the Turkish Customs Union, a landmark economic arrangement that has governed trade between Turkey and the European Union (EU) since 1996. ...
https://knews.kathimerini.com.cy/en/business/investor-scammed-out-of-$58-000-in-cryptocurrency-fraud
The promise of easy profits through online investments lured a 50-year-old man into a sophisticated cryptocurrency scam, resulting in the loss of $58,000....
https://knews.kathimerini.com.cy/en/comment/opinion/the-bizonal-myth-reuniting-cyprus-by-keeping-it-apart
Nearly half a century since the term ''Bizonal Bicommunal Federation'' entered the political discourse in Cyprus, no political party or government has ever explained to the public what this term truly means....
https://knews.kathimerini.com.cy/en/news/cyprus-battles-turkey-s-recognition-push-for-trnc
Cyprus’ efforts to secure strong condemnation from the European Union over Turkey's actions to upgrade the status of the self-declared ''Turkish Republic of Northern Cyprus'' (TRNC) have faced significant challenges. ...
https://knews.kathimerini.com.cy/en/news/banks-under-fire-how-public-pressure-forced-a-shake-up
Over the past decade, Cypriot banks have paid over €500 million to the state through a special levy known as the ''double tax.''...
https://knews.kathimerini.com.cy/en/news/greece-returns-1-055-artifacts-to-turkey
In a remarkable gesture of cooperation and respect for shared cultural heritage, Greece has returned 1,055 ancient coins to Turkey. This marks the first time the two countries have engaged in such a cultural repatriation, highlighting the growing importance of collaboration in preserving history....
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-rolls-out-support-measures-for-vulnerable-groups
After a tense voting session last week, when the bill to tax bank profits narrowly failed to pass in Parliament, the Bank of Cyprus seems to be stepping up with measures aimed at helping vulnerable communities across the island. ...
https://knews.kathimerini.com.cy/en/news/banks-announce-1-interest-rate-reduction
Following the parliamentary approval of the state budget and Tuesday’s meeting at the Presidential Palace with the CEOs of Bank of Cyprus and Hellenic Bank, Finance Minister Makis Keravnos appeared on RIK’s program Challenges on Wednesday evening....
https://knews.kathimerini.com.cy/en/news/nicosia-s-old-gsp-redevelopment-faces-delays-but-progress-accelerates
The redevelopment of the old GSP in Nicosia, originally set to finish by November 2023, has faced delays but is now moving forward, according to a report by Kathimerini's Dorita Yiannakou....
https://knews.kathimerini.com.cy/en/news/british-teen-jailed-in-dubai-for-underage-relationship
An 18-year-old British man, Marcus Fakana, has been sentenced to a year in a Dubai prison for engaging in a consensual relationship with a 17-year-old girl....
https://knews.kathimerini.com.cy/en/news/bean-bar-brings-christmas-magic-to-life
Christmas time is here again, and Bean Bar invites us to experience the magic of the most beautiful time of the year and to make the true meaning of the holidays come true by supporting children in need....
https://knews.kathimerini.com.cy/en/business/money-transfers-in-10-seconds-coming-to-cyprus
Starting on January 9, 2025, Cyprus will join the rest of the SEPA zone (33 countries) in offering instant bank transfers, revolutionizing how payments are made....
https://knews.kathimerini.com.cy/en/news/the-banker-bank-of-cyprus-wins-bank-of-the-year-award-again-for-2024
The Banker, one of the leading international publications focused on banking and finance, has named Bank of Cyprus the Bank of the Year in Cyprus in its 2024 awards....
https://knews.kathimerini.com.cy/en/news/new-alphamega-hypermarkets-store-opens-in-astromeritis
Another state-of-the-art store was added to the Alphamega Hypermarkets’ chain. The new Alphamega Hypermarkets’ store in Astromeritis has opened its doors to the public today. It is the 20th store of Alphamega Hypermarkets, Cyprus largest and fastest growing hypermarket chain....
https://knews.kathimerini.com.cy/en/news/germany-and-netherlands-block-cyprus-s-push-to-link-eu-turkey-relations-with-cyprus-issue
Cyprus is facing roadblocks in its latest push to link EU-Turkey relations with progress on the Cyprus issue. ...
https://knews.kathimerini.com.cy/en/business/ai-in-finance-embrace-the-future-or-be-left-behind
Technology is changing how we do everything, and finance is no different. ...
https://knews.kathimerini.com.cy/en/business/cyprus-parliament-approves-limit-on-large-cash-transactions
Cyprus lawmakers have taken a significant step in tackling money laundering and illegal activities by approving a proposal to limit large cash transactions....
https://knews.kathimerini.com.cy/en/business/1-houses-and-flats-for-sale-by-astrobank
AstroBank has listed for sale houses and flats that can be used for owner occupancy or as an investment in Paphos, Famagusta, and Nicosia....
https://knews.kathimerini.com.cy/en/news/dine-and-donate-for-the-sake-of-vulnerable-children
Get Fresh, a culinary pioneer committed to wholesome and delicious food, is launching a heartwarming initiative to support Hope For Children CRC Policy Center. ...