https://knews.kathimerini.com.cy/en/news/eurobank-cyprus-reports-€199-4m-profits-in-2023
Eurobank Cyprus unveiled its financial results for 2023, boasting a profit of €199.4 million, marking a significant increase of €105.1 million or 111% compared to 2022.
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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/business/minister-spearheads-operation-to-curb-undeclared-labor
In a joint effort involving the Minister of Labour and Social Insurance, Yannis Panagiotou, along with officials from the Ministry of Labour, members of the Immigration and Aliens Service, and police, a targeted operation was conducted to address undeclared and illegal work....
https://knews.kathimerini.com.cy/en/business/shipping-deputy-ministry-finds-a-new-home-at-historic-nemitsa-factory
The Cyprus Deputy Ministry of Shipping is set to revamp its operational landscape with a state-of-the-art facility in Limassol. Following the Council of Ministers' approval to repurpose the former Nemitsa factory site, ...
https://knews.kathimerini.com.cy/en/news/cyprus-wetlands-under-threat
Kathimerini reporter Pavlos Neophytou delves into the critical challenges facing Cyprus' precious wetlands, where red alerts have recently been issued for the Achna dam and Larnaca salt ponds. ...
https://knews.kathimerini.com.cy/en/news/eu-mulls-tax-breaks-for-islands-nations-on-aviation-fuel
European Union nations are in talks to grant exemptions for a proposed EU-wide tax on aviation fuel, particularly favoring islands. A draft document from Belgium,...
https://knews.kathimerini.com.cy/en/business/apple-u-turns-on-evs-shifts-gears-to-focus-on-ai
Apple has reportedly halted its decade-long secretive project to develop electric vehicles (EVs), redirecting efforts towards its artificial intelligence (AI) division....
https://knews.kathimerini.com.cy/en/comment/opinion/what-role-do-banks-ultimately-play
Are banks merely financial entities providing a range of services to the public and businesses, solely driven by profit for shareholders? Banks serve as the heart of our economic and social systems, ...
https://knews.kathimerini.com.cy/en/business/hotel-berengaria-€40m-revival-sparks-environmental-debate
Positively, the Environmental Authority has conditionally approved the revival and operation of Hotel Berengaria and the construction of houses in Prodromos....
https://knews.kathimerini.com.cy/en/life/dimitra-explains-what-it-s-like-to-be-a-bee-mama
Dimitra Zakynthinos is a resident of central Athens and has a very particular approach to issues concerning the environment and our transition to the green era. ...
https://knews.kathimerini.com.cy/en/news/cyprus-farmers-deserve-fair-treatment-in-green-shift
The green transition is necessary, but in order for it to be fair and efficient, the reduction of farmers' incomes must be compensated with appropriate funding, Agriculture Minister Maria Panayiotou......
https://knews.kathimerini.com.cy/en/news/wastewater-leak-sparks-environmental-crisis-in-achna
Nikos Vassilas, the community mayor of Achna, has raised alarms about potential impacts on crops, the water table, and the environment following a leakage of wastewater from farmers' tanks near the community's dam....
https://knews.kathimerini.com.cy/en/news/prominent-financier-lord-jacob-rothschild-dead-at-87
Financier and member of the Rothschild banking family, Lord Jacob Rothschild, has died at the age of 87, his family has announced....
https://knews.kathimerini.com.cy/en/business/ceos-globally-forecast-increase-in-revenues-profits-and-deal-making-in-2024-as-business-transformation-moves-up-the-agenda
CEOs are optimistic about their ability to drive revenue growth and profitability in 2024 despite global economic headwinds, according to the latest EY CEO Outlook Pulse survey....
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/news/european-parliament-honors-navalny-amidst-food-inflation
The European Parliament will commemorate the life of Russian activist Alexei Navalny, featuring an address by his wife, Yulia Navalnaya, in its plenary session this week in Strasbourg......
https://knews.kathimerini.com.cy/en/news/cyprus-banks-push-for-green-standards-with-esg-certification
Artemis Credit Bureau, a subsidiary of the Association of Cyprus Banks, announced it will launch an interbank project for the corporate certification on ESG (Environmental – Social – Governance) criteria.
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https://knews.kathimerini.com.cy/en/news/arizona-cy-exhibition-to-unveil-cyprus-america-connections
Art Seen Gallery in Nicosia is thrilled to present "Arizona, CY," a captivating solo exhibition by Nicos Philippou and Marilena Zackheos. The exhibition, curated by Maria Stathi, will run from March 1st to April 4th, 2024....
https://knews.kathimerini.com.cy/en/business/employers-face-legal-action-if-menopausal-women-s-needs-ignored
In a bid to address workplace challenges faced by menopausal women, the Equality and Human Rights Commission (EHRC) has issued guidance asserting that employers may face legal consequences if they fail to make ''reasonable adjustments.''...
https://knews.kathimerini.com.cy/en/business/safe-bulkers-inc-launches-deck-officer-training-scholarship-program
In a bid to foster interest in maritime professions among young individuals and align with environmental, social, and corporate governance goals, Polly Hatzioannou's company, SAFE BULKERS Inc., has announced the initiation of the Deck Officer Training Scholarship program....
https://knews.kathimerini.com.cy/en/news/deadline-approaches-for-vehicle-registration-renewal
Cyprus residents are reminded that the deadline for renewing vehicle registration permits for 2024 is fast approaching. The renewal period, which began on January 4, will conclude on March 11 at midnight. ...
https://knews.kathimerini.com.cy/en/news/imperio-leads-cyprus-real-estate-into-green-future-with-first-ever-esg-report
Imperio remains steadfast in its commitment to promote the green transition of Cyprus’ real estate sector – a development that will greatly benefit the sector’s businesses, society, economy, as well as the environment itself, in multiple ways....
https://knews.kathimerini.com.cy/en/business/ey-seminar-explores-green-tax-impact-on-businesses
EY Cyprus Academy of Learning and Development Organized a Seminar on Sustainability and Green Taxes Affecting Business – As – Usual: The EU Role of Cyprus.
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https://knews.kathimerini.com.cy/en/business/new-award-recognizes-leaders-advancing-gender-equality-in-maritime-sector
The Council of Ministers, responding to a proposal by Deputy Minister of Shipping Marina Hadjimanolis, established an award today to recognize industry executives whose actions fortify efforts to advance gender equality within the shipping sector. ...
https://knews.kathimerini.com.cy/en/comment/opinion/king-charles-battle-and-cyprus-cancer-crusade
The specter of cancer has reached even the ''semigod'' King Charles of Britain, sending shockwaves through the British populace and beyond....
https://knews.kathimerini.com.cy/en/news/popular-breakfast-cereals-infused-with-fertility-linked-pesticide
In a recent study conducted by the Environmental Working Group (EWG), it has been revealed that an obscure pesticide called chlormequat, which is linked to infertility in animals,...
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/news/cyprus-adopts-pay-as-you-throw-system-to-tackle-surging-municipal-waste
The Statistical Service of Cyprus reveals a 5% surge in municipal solid waste, reaching 615,000 tonnes in 2022. Per capita waste generation stands at 673 kg, ranking Cyprus the 5th highest in the EU. With 77.5% disposed of in landfills, the nation is gearing up for a "Pay as You Throw" (PAYT) system....
https://knews.kathimerini.com.cy/en/news/cyprus-mulls-speed-limit-reduction-to-boost-safety
The Department of Public Works in Cyprus has concluded a study proposing a reduction in speed limits from 50 km/h to 30 km/h in specific urban areas, aiming to curb accidents, decrease pollution, and foster eco-friendly transportation....
https://knews.kathimerini.com.cy/en/business/hapag-lloyd-takes-green-stride-by-recycling-mississauga-express
According to a report by Andreas Karamitis, published in Kathimerini's Sunday edition, one of the major shipping companies, Hapag-Lloyd, has announced the recycling of its merchant ship, the ''Mississauga Express,''...
