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/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....
https://knews.kathimerini.com.cy/en/news/cyprus-tourism-braces-for-challenges-in-2024
The Association of Cyprus Tourist Enterprises (ΣΤΕΚ) is getting a bit jittery about the upcoming tourist season in 2024. In a recent meeting, they chatted with a representative from Hermes Airports to figure out what's going on....
https://knews.kathimerini.com.cy/en/business/cyprus-and-greece-report-lowest-eu-foreign-investment
Eurostat's latest data sheds light on the intricate dynamics of foreign involvement in the European Union's economy.
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https://knews.kathimerini.com.cy/en/news/eu-radio-stats-30-000-jobs-€4b-revenue
About 30,000 persons were employed by radio broadcasting enterprises across the European Union in 2022, with these enterprises recording a net turnover......
https://knews.kathimerini.com.cy/en/business/cabinet-moves-forward-with-plan-to-support-cyprus-entrepreneurs
Cyprus is gearing to set up a National Development Organisation which coupled with the Cyprus Equity Fund will promote entrepreneurship by covering financing gaps for small and medium-sized enterprises and start-ups, Minister of Finance Makis Keravnos said on Wednesday....
https://knews.kathimerini.com.cy/en/news/government-to-receive-€1-2b-for-green-transition-and-resilience-plan
Cyprus is set to receive a total of 1.2 billion euros from the Recovery and Resilience Plan (RRP). ...
https://knews.kathimerini.com.cy/en/news/cabinet-approves-€17m-sponsorship-scheme-for-business-energy-upgrades
The Cabinet has approved Mr. George Papastasiou's proposal, the Minister of Energy, Commerce, and Industry, regarding the grants initiative aimed at enhancing upgrades and strengthening the competitive edge of major enterprises....
https://knews.kathimerini.com.cy/en/news/ministry-s-bold-steps-for-energy-renovation-unveiled
The Ministry of Energy, Commerce and Industry proceeds with the preparation of standard procedures for the announcement and implementation of energy renovation projects....
https://knews.kathimerini.com.cy/en/news/businesses-receive-€14-million-in-pandemic-blunder
In an inadvertent error, support payments totaling EUR 13.82 million were extended to 152 cases, failing to meet subsidy criteria under the Plan's terms and conditions. ...
https://knews.kathimerini.com.cy/en/business/business-booms-and-busts-in-cyprus
Newly released data from Eurostat, the statistical service of the European Union, provides insights into the business landscape in 2021. The rate of "enterprise births"...
https://knews.kathimerini.com.cy/en/business/ministry-secures-€245-million-boost-for-business-growth-in-2027
A total of €245 million has been secured by the Ministry of Energy, Commerce and Industry for the new programming period up to 2027, which will be made available to businesses through targeted grant plans with an emphasis on absorbing and utilising as many resources as possible from European Funds, including the Recovery and Resilience Fund, Energy Minister George Papanastasiou said on Friday, speaking at the General Electoral Assembly of the Paphos Chamber of Commerce and Industry....
https://knews.kathimerini.com.cy/en/business/one-in-four-businesses-in-cyprus-face-cyber-attacks-concerns-mount
In a recent survey conducted by the Cyprus Information Technology Enterprises Association (CITEA), it was revealed that approximately one in four businesses in Cyprus has encountered some form of cyber-attack....
https://knews.kathimerini.com.cy/en/news/new-measures-unveiled-for-energy-and-housing
In a decisive move to support Cyprus' households and businesses, the Council of Ministers, under the leadership of President Nikos Christodoulides, unveiled a comprehensive package of immediate and medium-term measures today....
https://knews.kathimerini.com.cy/en/news/stockholm-takes-bold-move-by-banning-petrol-and-diesel-cars-in-city-center
Stockholm has announced plans to become the first big capital city to ban petrol and diesel cars from its center, in an effort to slash pollution and reduce noise....
https://knews.kathimerini.com.cy/en/news/ireland-s-tax-policies-fill-sovereign-fund-coffers
Countries like Saudi Arabia, Norway, and Chile have long established their own sovereign-wealth funds....
https://knews.kathimerini.com.cy/en/business/ey-cyprus-organised-an-event-on-the-implementation-and-implications-of-the-european-corporate-sustainability-reporting-directive-csrd
EY Cyprus has organized an event to present the challenges that many Cypriot companies will face in implementing the European Corporate Sustainability Reporting Directive (CSRD) and the European Sustainability Reporting Standards (ESRS). ...
https://knews.kathimerini.com.cy/en/news/€5-600-in-funding-for-tourism-enterprises
In celebration of World Tourism Day, the Cyprus Chamber of Commerce and Industry reaffirms its commitment to supporting Cypriot tourism businesses on their journey toward sustainability.
...
https://knews.kathimerini.com.cy/en/news/president-biden-stands-with-striking-autoworkers-demanding-40-pay-raise
President Joe Biden on Tuesday joined a picket line with striking autoworkers in Michigan, supporting their call for a 40% pay raise and saying they deserve a "lot more" than they are getting....
https://knews.kathimerini.com.cy/en/news/banks-to-prioritize-elderly-and-disabled-clients
Starting from next Monday, September 25th, bank branches in Cyprus will be introducing a new priority service policy aimed at benefiting individuals with disabilities and those aged 75 and above, as announced by the Association of Banks of Cyprus....
https://knews.kathimerini.com.cy/en/news/e-kalathi-bill-sparks-debate-in-parliament
During yesterday's session of the Parliamentary Committee on energy and trade, the debate shed light on a crucial aspect of the E-kalathi bill. It became evident that there are lingering disagreements among stakeholders and the majority of MPs on this issue. ...
https://knews.kathimerini.com.cy/en/news/government-cuts-interest-income-rates-from-30-to-17
The Cyprus government decided to slash taxation on interest income from 30% to 17%, Finance Minister Makis Keravnos said on Wednesday, noting that banks should follow suit in boosting income for depositors.
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https://knews.kathimerini.com.cy/en/business/techisland-awards-the-highly-anticipated-awards-ceremony-of-the-tech-sector
The winners of the first ceremony in 7 categories...
