https://knews.kathimerini.com.cy/en/business/president-unveils-brain-gain-campaign-and-silicon-valley-ties-at-economic-conference
Cyprus is aiming high with a bold economic strategy that puts young people, innovation, and foreign investment at the center of the island’s future....
https://knews.kathimerini.com.cy/en/news/progress-in-motion-the-proposed-mall-of-limassol-is-a-planned-development-that-will-reshape-the-city-s-future
The proposed Mall of Limassol is poised to create a premier destination for shopping, dining and entertainment in Limassol....
https://knews.kathimerini.com.cy/en/business/boc-seeks-to-acquire-ethniki-insurance-s-cyprus-subsidiary
Bank of Cyprus is moving forward with the acquisition of Ethniki Insurance’s Cyprus subsidiary, having entered exclusive negotiations for its purchase....
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-upgraded-to-investment-grade-by-fitch
The Bank of Cyprus has just hit another major milestone—Fitch Ratings has upgraded the bank to investment grade, marking the third global rating agency to do so. ...
https://knews.kathimerini.com.cy/en/business/consulco-welcomes-christoforos-kittenis-as-director-at-london-credit
Consulco is proud to announce the addition of Christoforos Kittenis to the team as Director at London Credit, the UK-based lender of the Consulco Group....
https://knews.kathimerini.com.cy/en/news/eurobank-cyprus-stronger-in-2024-with-a-net-profit-of-€214mn
Eurobank Cyprus ended 2024 with increased profitability strong capital adequacy and maintained its good loan portfolio quality. The results reaffirm the Bank’s sound performance and resilience, the effective management of challenges in 2024,...
https://knews.kathimerini.com.cy/en/news/cyprus-tops-eu-in-female-enrollment-for-master-s-and-doctorate-programs
In a groundbreaking achievement, Cyprus has been recognized for having the largest share of women pursuing master's studies in 2022 among all EU member states, according to the latest data from Eurostat, the European Union’s statistical service....
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/business/cyprus-among-eu-countries-lagging-in-gender-budgeting-initiatives
Cyprus stands out as one of only three European Union (EU) member states currently lacking a gender budgeting framework, alongside Estonia and Lithuania....
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-posts-€508m-profit-for-2024
Bank of Cyprus has posted impressive results for 2024, reporting net profits of €508 million, marking a 4% increase from the previous year’s €487 million. The results reflect the bank's strong performance and growth, despite slight fluctuations in some areas....
https://knews.kathimerini.com.cy/en/news/christodoulides-to-visit-us-in-april-to-boost-cyprus-investments
President Nicos Christodoulides’ upcoming official visit to the United States in April is focused on strengthening Cyprus’ ties with the US and attracting investments, part of a broader government strategy. ...
https://knews.kathimerini.com.cy/en/news/women-in-cyprus-inch-toward-equality-in-science
The number of women working in science across the European Union has been on the rise....
https://knews.kathimerini.com.cy/en/news/finance-minister-doubts-future-of-cyprus-greece-interconnector-project
Finance Minister Makis Keravnos said on Tuesday that he is not particularly optimistic about the Great Sea Interconnector (GSI) electricity interconnection project with Greece, especially while there are still serious political obstacles posed by Turkey....
https://knews.kathimerini.com.cy/en/news/no-relief-in-sight-as-electricity-prices-to-remain-high-until-2027
Electricity prices in Cyprus are expected to remain elevated for the next two years, according to the chairman of the EAC....
https://knews.kathimerini.com.cy/en/news/1-consulco-s-newest-investment-opportunity-compartment-c
Consulco, a leading specialist investment manager with a distinguished 30-year history, proudly announces the launch of Compartment C of the LC London Credit AIF V.C.I.C. Public Ltd (“the London Credit Fund”). ...
https://knews.kathimerini.com.cy/en/news/consulco-s-newest-investment-opportunity-compartment-c
Consulco, a leading specialist investment manager with a distinguished 30-year history, proudly announces the launch of Compartment C of the LC London Credit AIF V.C.I.C. Public Ltd (''the London Credit Fund''). ...
https://knews.kathimerini.com.cy/en/news/deadliest-u-s-aviation-disaster-in-nearly-25-years-claims-67-lives
A horrific midair collision between an Army Black Hawk helicopter and an American Airlines regional jet on January 29, 2025, has resulted in the deaths of all 67 people aboard the two aircraft....
https://knews.kathimerini.com.cy/en/comment/opinion/a-green-planet-with-india-leading-the-way
Climate Change is a defining challenge of our times but as the world hurtles toward an escalating climate crisis, India is stepping into a global leadership role to tackle climate change. ...
https://knews.kathimerini.com.cy/en/news/trump-signs-order-suspending-dei-employees
In a significant move under the new Trump administration, the White House confirmed that federal employees working in diversity offices will be placed on paid leave as part of the shutdown of diversity, equity, inclusion, and accessibility (DEIA) programs....
https://knews.kathimerini.com.cy/en/business/new-€26-million-fund-to-boost-startups-in-cyprus
33East, a venture capital firm based in Cyprus, has launched its first fund with an initial close of €26 million. ...
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/business/cybersecurity-and-ict-risks-emerge-as-leading-drivers-of-operational-risk
Geopolitical tensions have significantly increased operational risks, particularly in the areas of cyber and digital threats, as well as risks related to money laundering and sanctions compliance....
https://knews.kathimerini.com.cy/en/news/the-greek-orthodox-priest-at-the-center-of-anti-woke-education
The ideological conflict in the US has shifted from a traditional left-versus-right divide to a new dichotomy: “woke” versus “anti-woke.”...
https://knews.kathimerini.com.cy/en/business/hellenic-bank-reports-€284-4m-profit-for-2024
Hellenic Bank reported a profit of €284.4 million for the first nine months of 2024, up from €240.7 million in the same period last year....
https://knews.kathimerini.com.cy/en/news/filipino-seafarers-fight-for-equal-pay-in-billion-euro-shipping-industry
In a significant case highlighting wage disparities in the maritime industry, a Filipino seafarer is challenging the unequal pay practices faced by workers from Southeast Asia compared to their European counterparts in the Netherlands....
https://knews.kathimerini.com.cy/en/business/cyprus-faces-financial-imbalance-as-assets-fall-short-of-liabilities
As of December 2023, Cyprus' economy is navigating a complex financial landscape, with total assets in financial instruments reaching €869 billion. However, the country also faces a notable financial shortfall, with liabilities exceeding assets by about €29 billion....
https://knews.kathimerini.com.cy/en/news/ecb-to-review-akel-s-proposed-bank-tax-amid-financial-concerns
The European Central Bank (ECB) is set to evaluate a proposed "windfall tax" on banks, commonly associated with the leftist political party AKEL, in Cyprus. ...
https://knews.kathimerini.com.cy/en/business/deloitte-cyprus-issues-its-annual-transparency-report-fostering-resilience-creating-enduring-value
Deloitte Cyprus issued its 13th Transparency Report covering the period from 1 June 2023 to 31 May 2024. ...
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-moves-from-london-to-athens-stock-exchange-in-major-shift
In a series of significant moves, Cyprus's banking sector is undergoing notable changes this autumn....
https://knews.kathimerini.com.cy/en/business/cyprus-crete-electricity-interconnection-agreement-nears-completion
Discussions among the parties involved in the Cyprus-Crete electricity interconnection project appear to be advancing following a recent presidential meeting....