https://knews.kathimerini.com.cy/en/business/global-fintech-investment-falls-to-seven-year-low-of-$95-6-billion-in-2024-but-uptick-in-q4-24-is-a-sign-of-cautious-optimism-says-kpmg-s-pulse-of-fintech-h2-24
2024 was another difficult year for fintech, with just $95.6 billion of investment globally across 4,639 deals....
https://knews.kathimerini.com.cy/en/news/larnaca-airport-vendors-dodge-60-cent-water-price-cap
Travelers passing through Larnaca Airport might be surprised to find that while a government-mandated price cap sets the cost of a 500ml bottled water at just 60 cents, actually finding one at that price is a different story....
https://knews.kathimerini.com.cy/en/business/greek-banks-continue-to-invest-in-cyprus-with-new-acquisitions
Greek banks are showing no signs of slowing down when it comes to investing in Cyprus. ...
https://knews.kathimerini.com.cy/en/business/fintech-giants-eye-cyprus-small-banks-in-race-for-european-banking-licenses
Cyprus’ small banks have become prime targets for global fintech companies and financial institutions, with potential acquisitions aimed at securing a European banking license. ...
https://knews.kathimerini.com.cy/en/news/farmers-face-devastating-crop-losses-as-freezing-temps-hit-hard
Cyprus’ farmers are facing major losses as freezing temperatures from the Coral weather system devastate crops across the island. The Ministry of Agriculture, Rural Development, and Environment has vowed to step in quickly, promising immediate support for those affected....
https://knews.kathimerini.com.cy/en/news/the-palestinian-state-that-almost-was-according-to-ehud-olmert
Speaking in a yet-to-be-aired BBC documentary Israel and the Palestinians: The Road to 7th October, Olmert described his proposal as a historic opportunity for peace. ...
https://knews.kathimerini.com.cy/en/news/cold-snap-damages-solar-water-heaters
The recent icy temperatures sweeping across Cyprus haven’t just hit crops hard—they’ve also wreaked havoc on solar water heaters in homes across the island. ...
https://knews.kathimerini.com.cy/en/news/putin-gives-green-light-for-western-companies-to-return-but-on-russia-s-terms
Russian President Vladimir Putin has opened the door for Western companies to return to Russia, but not without conditions....
https://knews.kathimerini.com.cy/en/news/cyprus-energy-gamble-big-promises-bigger-delays-but-a-game-changer-may-be-coming
Last week in Cairo, authorities from the Republic of Cyprus signed a non-binding host country agreement for the development of the Kronos gas field in Block 6 of Cyprus' Exclusive Economic Zone (EEZ).
...
https://knews.kathimerini.com.cy/en/news/paphos-polis-killer-road-to-become-four-lane-highway-after-years-of-delays
The long-debated Paphos-Polis Chrysochous road project is finally moving forward—with a major upgrade. What was once planned as a two-lane highway will now be a four-lane road, a move the government says will improve safety and boost economic growth in the region....
https://knews.kathimerini.com.cy/en/news/cyprus-strikes-energy-deals-but-‘aphrodite-gas-delayed-until-2031
Last Friday marked the conclusion of long-running negotiations between the Republic of Cyprus and the consortium developing the Aphrodite gas field, led by U.S. energy giant Chevron. ...
https://knews.kathimerini.com.cy/en/news/2024-global-vc-investment-rises-to-$368b-as-investor-interest-in-ai-soars
Global VC investment rose from $349.4 billion across 43,320 deals in 2023 to $368.3 billion across 35,684 deals in 2024 despite a multitude of challenges, including global conflicts and geopolitical tensions, uncertainties associated with a significant number of major elections—...
https://knews.kathimerini.com.cy/en/news/the-road-to-prosperity
Browsing social media I have recently come across a map showing all the countries with GDP per capita higher than Poland’s back in 1990 and in 2018....
https://knews.kathimerini.com.cy/en/business/e-kalathi-platform-set-to-revolutionize-shopping-with-real-time-price-comparison
From the 10th of February this year, supermarkets across Cyprus have been participating in a pilot phase of the e-kalathi electronic platform, with plans to roll it out to consumers by March 4. ...
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-cancels-plan-to-sell-jcc-payment-systems
The process for the sale of JCC Payment Systems has been halted, bringing an end to the deal between JCC and Euronet that had been under consideration since the summer of 2024....
https://knews.kathimerini.com.cy/en/news/car-with-recalled-takata-airbag-nearly-causes-fatal-crash
A recalled vehicle equipped with a faulty Takata airbag was involved in a serious accident last week, raising fresh concerns over the ongoing safety risks of these defective airbags....
https://knews.kathimerini.com.cy/en/news/ey-the-biggest-risks-facing-cyprus-and-governments-worldwide
As we move further into 2025, governments around the world, including Cyprus, are facing a range of challenges....
https://knews.kathimerini.com.cy/en/news/are-rules-only-for-some-illegal-latchi-hotel-expansion-set-to-be-approved
A controversial tourist development in Latchi has raised serious concerns over government transparency and adherence to the rule of law, as the construction of a four-star resort faces allegations of long-standing illegalities. ...
https://knews.kathimerini.com.cy/en/news/uk-tightens-noose-on-putin-s-inner-circle-with-new-sanctions
Nearly a year after the death of Russian opposition leader Alexei Navalny, the UK has announced a fresh wave of sanctions aimed at individuals with close ties to Vladimir Putin....
https://knews.kathimerini.com.cy/en/news/severe-storms-devastate-occupied-karpasia
Heavy rain and hailstorms wreaked havoc across several occupied villages in Karpasia, causing significant damage to homes, outbuildings, and paddocks in Yialousa, Agios Andronicos, Agia Triada, and Melanagra....
https://knews.kathimerini.com.cy/en/comment/opinion/takata-airbag-crisis-and-cyprus-s-failure-to-act
The case with the problematic car airbags and the authorities rushing in to try to withdraw vehicles with defective Takata airbags from circulation reveals the enormous responsibilities of those who handled the issue politically and technocratically over the last thirteen years....
https://knews.kathimerini.com.cy/en/news/cryptocurrency-scam-€430-000-stolen-from-limassol-resident
The Cyprus Police are informing the public about incidents of fraud related to cryptocurrency investments and are urging citizens to be particularly careful....
https://knews.kathimerini.com.cy/en/news/simon-aykut-allegedly-threatened-president-christodoulides
Simon Aykut, an Israeli property developer and founder of the controversial Afik Group, is awaiting trial in Cyprus, facing serious accusations that he threatened the country’s president, Nicos Christodoulides. ...
https://knews.kathimerini.com.cy/en/business/wizz-air-connects-you-with-europe-s-most-romantic-destinations-from-cyprus-this-valentine-s-day
Wizz Air, EMEA’s most environmentally sustainable airline , is spreading the love this Valentine’s Day with a special Buy One, Get One Half Price promotion—helping travelers create unforgettable moments in Europe’s most romantic cities. ...
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-s-car-market-is-a-tangled-mess
On Monday, February 3rd, manufacturers decided to immobilize 138 vehicles due to the risk of faulty TAKATA airbags, and another 138 due to brake issues....
https://knews.kathimerini.com.cy/en/news/tesla-recalls-cars-in-cyprus-over-faulty-takata-airbags
Tesla has issued a recall for 26 vehicles in Cyprus due to faulty Takata airbags, raising concerns for local owners of the electric car brand....
https://knews.kathimerini.com.cy/en/news/europe-at-a-crossroads-act-now-or-fade-into-irrelevance
Cyprus MP Michalis Sophocleous has laid out a stark and urgent vision for the European Union’s future. His recent statement on X is not just a policy wishlist—it’s a call for Europe to wake up before it becomes a relic of the past....
https://knews.kathimerini.com.cy/en/news/trump-seeks-approval-for-$1-billion-arms-sale-to-israel
The Trump administration has formally asked Congress to approve a $1 billion arms package for Israel, including thousands of bombs and heavy-duty engineering equipment, according to a report by The Wall Street Journal on Monday....
https://knews.kathimerini.com.cy/en/news/mild-skies-but-winter-is-plotting-something…
Ah, Monday. As if dragging ourselves out of bed wasn’t hard enough, we now have to deal with a weather system that can’t make up its mind....
https://knews.kathimerini.com.cy/en/business/nasdaq-listed-freedom-24-is-making-its-mark-in-cyprus-and-beyond
When Timur Turlov, the CEO of Freedom Holding Corp., set his sights on Cyprus, he saw more than just a financial hub—he saw opportunity. In a market where fintech companies are staking their claims, ...
