https://knews.kathimerini.com.cy/en/news/india-s-arms-sales-to-israel-amid-gaza-conflict-raises-eyebrows
Allegations surrounding India's involvement in supplying arms to Israel during the Gaza conflict have intensified, casting a spotlight on potential implications for both countries....
https://knews.kathimerini.com.cy/en/business/us-sanctions-target-russian-cypriot-connections
A Cypriot connection has emerged among the latest targets of US sanctions against Russia, with the US Treasury Department announcing penalties on Wednesday affecting individuals and entities linked to Cyprus. ...
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/news/keravnos-continues-to-call-on-banks-to-slash-interest-rates
Finance Minister, Makis Keravnos, called on local banks to slash interest rates, emphasizing the urgency for change in the financial landscape. Keravnos's remarks come just before the European Central Bank's Governing Council convenes,...
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/cyprus-wins-imf-praise-for-strong-recovery
The International Monetary Fund (IMF) has praised Cyprus for its robust economic recovery and fiscal discipline, recommending continued efforts......
https://knews.kathimerini.com.cy/en/news/dimitroui-loses-battle-for-life-after-shooting
Dimitris Andronikou, commonly known as ''Dimitroui,'' tragically passed away on Tuesday night, May 28th, after battling severe injuries sustained in a targeted shooting incident....
https://knews.kathimerini.com.cy/en/business/rif-and-israel-innovation-authority-launch-€900-000-call-for-joint-r-d-projects
The Research and Innovation Foundation (RIF), in collaboration with the Israel Innovation Authority (IIA), has unveiled a fresh joint call for proposals, boasting a substantial budget of €900,000....
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/parliament-cancels-smart-meter-contract-to-save-eu-funds
The Cypriot Parliament has unanimously accepted the President's referral of a law passed on April 25 that exempts innovative small and medium-sized......
https://knews.kathimerini.com.cy/en/business/paphos-mayor-to-welcome-three-university-backed-startup-ventures
In a move set to bolster innovation and technological advancement, three dynamic startup ventures, handpicked by the American University of Beirut (AUB) and the Zein AUB Innovation Park, are poised to make Paphos their new home. ...
https://knews.kathimerini.com.cy/en/news/invest-cyprus-takes-strides-to-boost-investments-on-the-island
Invest Cyprus, the national Investment Promotion Authority has been fervently working to position Cyprus as an appealing investment and business hub, ...
https://knews.kathimerini.com.cy/en/news/cyprus-media-and-language-sector-shrinks-while-eu-expands
The number of people working as authors, journalists or linguists in the EU increased by 9.1% in 2022 compared to 2017, while in Cyprus the number......
https://knews.kathimerini.com.cy/en/news/mystery-surrounds-ambush-targeting-dimitris-andronikos
Three days after the harrowing ambush targeting 34-year-old Dimitris Andronikos, known as ''Dimitroui,'' on the Paleochori-Anthoupoli road, investigators are intensifying efforts to unravel the mystery behind the attack....
https://knews.kathimerini.com.cy/en/news/cyprus-welcomes-foreign-workers-amidst-hotel-staffing-crisis
The accord forged by the Ministry of Labour alongside employer and trade union representatives to tackle workforce shortages, especially prevalent......
https://knews.kathimerini.com.cy/en/business/€17-million-worth-of-grants-for-big-businesses
The EU's Recovery and Resilience Plan is charging ahead, with the Department of Energy, Trade, and Industry (DTI) launching a call for applications under the 'Grant Scheme for the Energy Upgrading and Competitiveness of Large Enterprises'....
https://knews.kathimerini.com.cy/en/news/4-million-euros-to-foster-turkish-cypriot-business-integration
The European Commission, in partnership with GIZ International Services, has initiated a two-year project aimed at bolstering private sector development within the Turkish Cypriot community and enhancing Green Line trade,...
https://knews.kathimerini.com.cy/en/news/dr-cameron-hepburn-leads-charge-at-green-agenda-cyprus-summit
Cameron Hepburn is the Battcock Professor of Environmental Economics at the Smith School of Enterprise and the Environment at Oxford. He is also the program......
https://knews.kathimerini.com.cy/en/business/lawyers-challenge-money-laundering-watchdog-in-cyprus
Establishing a system to oversee financial companies in Cyprus is proving tricky, according to an article written by Apostolos Tomaras. It all started when the US and UK slapped sanctions on Russia,...
https://knews.kathimerini.com.cy/en/business/cyprus-offers-€400k-boost-for-sme-s
The Commissioner for State Aid Control, Stella Michaelides, has announced her decision on a scheme aimed at supporting Small and Medium Size Enterprises (SMEs)...
https://knews.kathimerini.com.cy/en/business/cyprus-defense-industry-poised-for-growth
In an interview conducted by Kathimerini reporter Andreas Karamitas, Dr. Tasos Kounoudis, President of the Cyprus Association of Research and Innovation Enterprises (CRAI), provided significant insights into the European Union's investment in the defense industry and its implications for Cyprus....
https://knews.kathimerini.com.cy/en/news/cypriots-feel-downbeat-amid-global-events
A recent survey conducted by the Cyprus Association of Opinion Poll and Market Research Enterprises (SEDEAK) has revealed a prevailing sense of pessimism among Cypriots regarding the future of Cyprus...
https://knews.kathimerini.com.cy/en/business/2-of-homes-in-cyprus-used-as-airbnb-accommodations
A recent report reveals that a staggering 2% of homes in Cyprus are being utilized as accommodations on Airbnb, highlighting concerns about housing availability and regulatory oversight. ...
https://knews.kathimerini.com.cy/en/business/european-parliament-approves-landmark-regulation-on-ai-use
In a landmark decision, the European Parliament Plenary in Strasbourg voted today to approve a new regulation aimed at safeguarding fundamental rights, democracy, the rule of law,...
https://knews.kathimerini.com.cy/en/news/president-christodoulides-candid-year-one-address
In a televised address marking the completion of his first year in office, President Nikos Christodoulides highlighted the achievements and priorities of his administration. Emphasizing transparency and accountability, the President outlined the following key areas of focus:...
https://knews.kathimerini.com.cy/en/news/greek-cabinet-unlocks-potential-for-smart-military-development
Marking the first step toward establishing the framework necessary to enable the creation of a “smart” army, the cabinet on Thursday......
https://knews.kathimerini.com.cy/en/business/how-trademarks-empower-businesses-in-the-digital-era
In the digital era, registering trademarks is of paramount importance, especially for small businesses and new entrepreneurs, as they play a crucial role in protecting a company’s brand and intellectual property....
https://knews.kathimerini.com.cy/en/business/pillar-two-readiness-and-technology
As per our previous publications and alerts, we had the opportunity to communicate a significant development - the introduction of BEPS 2.0 Pillar Two or Global Minimum Tax. The European Union unanimously adopted a directive in December 2022 (the ''Minimum Tax Directive''). ...
https://knews.kathimerini.com.cy/en/business/cyprus-cabinet-unveils-business-carbon-grants
The Cabinet approved on Wednesday a new grants scheme to encourage greenhouse gas emission reductions in businesses....
https://knews.kathimerini.com.cy/en/business/cyprus-delays-15-multinational-tax-enforcement
Cyprus has yet to enforce the new EU rules introducing a minimum effective tax rate of 15% for multinational corporations operating within EU member states....
