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12° Nicosia,
02 May, 2025
 

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Displaying results 1201-1230 of 2669 matches for query financial.

1201. Controversy surrounds Pyla project and UN response

https://knews.kathimerini.com.cy/en/news/controversy-surrounds-pyla-project-and-un-response

The leader of the Turkish Cypriot community, Ersin Tatar, welcomed the new head of the General Staff of Turkey, General Metin Gkiourakos, at the "presidential" office....

1202. The deafening silence of the forests

https://knews.kathimerini.com.cy/en/comment/opinion/the-deafening-silence-of-the-forests

Bass Rock is an island not too far off the coast of Scotland, east of Edinburgh. It is home to the largest northern gannet (Morus bassanus) colony in the world, hosting nearly 75,000 couples each year....

1203. AstroBank offers diverse properties for sale across Cyprus

https://knews.kathimerini.com.cy/en/news/astrobank-offers-diverse-properties-for-sale-across-cyprus

AstroBank, a prominent financial institution in Cyprus, has unveiled an array of properties available for purchase across the country....

1204. Hotel employees get wage boost

https://knews.kathimerini.com.cy/en/news/hotel-employees-get-wage-boost

The Council of Ministers convened earlier today to address key labor-related matters. One significant decision that emerged from the meeting was the approval of a higher minimum wage threshold for the hotel industry,...

1205. Eurobank acquires 17.3% stake in Hellenic Bank for €167.9 million

https://knews.kathimerini.com.cy/en/news/eurobank-acquires-17-3-stake-in-hellenic-bank-for-€167-9-million

The Eurobank has agreed to acquire an additional stake of around 17.3% (equivalent to 71,428,572 shares) in the Hellenic Bank at a total price of 167.9 million euros, or 2.35 euros per share. ...

1206. Brexit: 7,000 finance Jobs moved overseas

https://knews.kathimerini.com.cy/en/news/brexit-7-000-finance-jobs-moved-overseas

Dublin, Frankfurt and Paris are vying for a share of the financial services markets once dominated by London....

1207. Dumping dilemma as Cyprus struggles to break the cycle of illegal waste

https://knews.kathimerini.com.cy/en/news/dumping-dilemma-as-cyprus-struggles-to-break-the-cycle-of-illegal-waste

The problem of the existence of three illegal dumpsites in the Akamas community area has been trapped in a vicious circle of blame for years....

1208. Energy gamble or gain? Cyprus' big plans under scrutiny

https://knews.kathimerini.com.cy/en/comment/opinion/energy-gamble-or-gain-cyprus-big-plans-under-scrutiny

The reluctance of the European Investment Bank (EIB) to financially support a part of the project, such as the Israel-Cyprus-Greece electric cable, should strongly concern Cyprus regarding its energy plans. ...

1209. EuroAsia interconnector seeks alternative funding

https://knews.kathimerini.com.cy/en/business/euroasia-interconnector-seeks-alternative-funding

The developer of the EuroAsia Interconnector is seeking alternative funding avenues to construct Cyprus' electricity interconnection with the European Union, following the European Investment Bank's rejection of a loan request. ...

1210. US eases defense trade rules for Cyprus in 2024

https://knews.kathimerini.com.cy/en/news/us-eases-defense-trade-rules-for-cyprus-in-2024

The US Secretary of State has lifted the Defense Trade Restrictions on the Republic of Cyprus for the fiscal year 2024....

1211. Cyprus nationals arrested for money laundering in Singapore

https://knews.kathimerini.com.cy/en/news/foreign-nationals-arrested-for-money-laundering-in-singapore

The Singaporean Police arrested 10 foreigners on suspicion of money laundering and forgery offenses in connection with a case involving 1 billion Singapore dollars (737 million dollars) in cash, luxury cars, and other assets. ...

1212. Water stress looms over Cyprus as part of global crisis

https://knews.kathimerini.com.cy/en/news/water-stress-looms-over-cyprus-as-part-of-global-crisis

Cyprus is among the 25 countries facing extremely high water stress each year, the World Resources Institute (WRI) said in a recent study. In total, these countries are home to a quarter of the Earth's population, while at least 50% of the world's population - some 4 billion people - is under highly water-stressed conditions for at least one month of the year....

1213. Cyprus faces deceleration amid inflation and rising rates

https://knews.kathimerini.com.cy/en/news/cyprus-faces-deceleration-amid-inflation-and-rising-rates

Cyprus' economy experienced a slowdown in the second quarter of 2023, prompting inquiries about the situation. According to the preliminary estimate provided by the Statistical Service, ...

1214. Concerns rise over emergency grain stocks

https://knews.kathimerini.com.cy/en/news/concerns-rise-over-emergency-grain-stocks

The Grain Advisory Committee is scheduled to convene this morning at 10 am at the Ministry of Agriculture, to engage in a discussion centered around the adequacy of grain supplies within the market. ...

1215. UK inflation dips to 17-month low

https://knews.kathimerini.com.cy/en/news/uk-inflation-dips-to-17-month-low

UK inflation eased to a 17-month low in July, official data showed Wednesday, though it also revealed that prices of services, such as haircuts, hotels and restaurants, increased at a faster pace than the previous month. ...

1216. Pyroi residents push for crossing point amid calls for unity

https://knews.kathimerini.com.cy/en/news/pyroi-residents-push-for-crossing-point-amid-calls-for-unity

Residents of the Turkish-occupied village of Pyroi in the Nicosia district have voiced their demand for a new crossing point, while the government indicates its endorsement for expanded communication between the island's divided communities. ...

1217. Averof Neophytou's tweet to shed light on today's economy

https://knews.kathimerini.com.cy/en/news/averof-neophytou-s-tweet-to-shed-light-on-today-economy

In a recent Twitter post, Averof Neophytou, a well-known figure in politics and a former leader of the Democratic Party, shared his thoughts on the current state of the economy. ...

1218. Russia's ruble drops to lowest level since 2022 conflict

https://knews.kathimerini.com.cy/en/news/russia-s-ruble-drops-to-lowest-level-since-2022-conflict

The Russian ruble slid past 100 against the dollar Monday, its lowest level since March 23, 2022 -- weeks after Moscow unleashed full-scale hostilities in Ukraine....

1219. Loan denial sparks debate over EuroAsia electricity project

https://knews.kathimerini.com.cy/en/business/loan-denial-sparks-debate-over-euroasia-electricity-project

The European Investment Bank's (EIB) recent refusal to grant a loan for the EuroAsia Interconnector Electric Interconnector project has ignited a heated debate over the future of the ambitious energy initiative....

1220. Uncontrolled land sales in occupied territories raise concerns

https://knews.kathimerini.com.cy/en/news/uncontrolled-land-sales-in-occupied-territories-raise-concerns

Kudret Ozersai, Chairman of the People's Party of the "TRNC", has sounded an alarm over the potential danger posed by unregulated real estate sales via companies in the pseudo-state. Ozersai has demanded immediate transparency regarding the extent of land areas sold to foreigners....

1221. Futuristic refueling as London's gas-free Shell station sets a new standard

https://knews.kathimerini.com.cy/en/news/futuristic-refueling-as-london-s-gas-free-shell-station-sets-a-new-standard

One London gas station has totally reimagined what a refueling area can look like....

1222. Court dismisses depositors' claims in controversial Laiki bank case

https://knews.kathimerini.com.cy/en/news/court-dismisses-depositors-claims-in-controversial-laiki-bank-case

On August 10, 2023, the Nicosia District Court rendered a judgment dismissing a claim pertaining to the impairment of plaintiffs' deposits in the former Laiki Bank back in 2013. The plaintiffs had brought the case to challenge the constitutionality of the resolution measures implemented by the State in accordance with the "Resolution of Credit and Other Institutions Law of 2013."...

1223. Electrifying Cyprus: Only 2.5K EVs drive the change

https://knews.kathimerini.com.cy/en/news/electrifying-cyprus-only-2-5k-evs-drive-the-change

A total of 26,462 vehicles have been registered with the Department of Road Transport between January and July 2023, according to the most recent data released by the Department of Statistics. Out of the overall new registrations, 701 were electric vehicles, with 502 of them being private saloon cars....

1224. 670K euros invested in Ayia Napa beach amenities

https://knews.kathimerini.com.cy/en/news/670k-euros-invested-in-ayia-napa-beach-amenities

Four thousand new sunbeds and a thousand beach umbrellas, valued at a total of 670 thousand euros, have been recently set up along the shores of Ayia Napa....

1225. Luxurious residences and cutting-edge offices transform Nicosia's skyline

https://knews.kathimerini.com.cy/en/news/luxurious-residences-and-cutting-edge-offices-transform-nicosia-s-skyline

After being closed for two years, the Landmark Hotel, formerly known as the Hilton, is undergoing rapid renovation. The MHV Group, the owner, has provided an update indicating that the project is progressing swiftly according to the plan, ...

1226. Londoners at risk as average rents could surge to £2,700/month next year

https://knews.kathimerini.com.cy/en/news/londoners-at-risk-as-average-rents-could-surge-to-£2-700-month-next-year

Average rental costs in London may soar to £2,700 per month next year, new figures from City Hall suggest....

1227. BOC reports €220 million profit for first half of 2023

https://knews.kathimerini.com.cy/en/business/boc-reports-€220-million-profit-for-first-half-of-2023

Bank of Cyprus Group has reported a robust profit after tax of €220 million for the first half of 2023, a significant leap from the €43 million recorded in the same period of 2022. Notably, €125 million of these profits were achieved in the second quarter of 2023....

1228. Italy surprises banks with 40% windfall tax

https://knews.kathimerini.com.cy/en/business/italy-surprises-banks-with-40-windfall-tax

Italy's rightwing coalition sent shockwaves through the financial markets as it announced an unforeseen 40% tax on bank profits derived from higher interest rates. ...

1229. From burps to burgers: The climate-friendly cows bred to belch less methane

https://knews.kathimerini.com.cy/en/news/from-burps-to-burgers-the-climate-friendly-cows-bred-to-belch-less-methane

When Canadian dairy farmer Ben Loewith's calves are born next spring, they will be among the first in the world to be bred with a specific environmental goal: burping less methane....

1230. Renowned musician's legacy lost in wildfires

https://knews.kathimerini.com.cy/en/news/renowned-musician-s-legacy-lost-in-wildfires

The country house of the renowned musician Stelios Argyris was reduced to ashes in a devastating fire that struck Apesia. As per Christina Argyris, his daughter, the flames engulfed her father's precious sound work, leaving only the scores of his masterpieces in her possession, with no sound tapes remaining....

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