https://knews.kathimerini.com.cy/en/news/cypriots-linked-to-$75-million-money-laundering-probe-in-the-french-riviera
French authorities have seized about $75 million worth of real estate and luxury cars in the French Riviera as part of a money-laundering investigation involving two Russian businessmen who hold Cypriot citizenship, according to a published report on the OCCRP.org website. ...
https://knews.kathimerini.com.cy/en/news/cyprus-seeks-to-amend-recovery-plan-amid-project-struggles
The Cyprus Recovery and Resilience Plan Directorate is currently working with the European Commission to make amendments to the Recovery and Resilience Plan. ...
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-shareholders-moving-at-different-speeds
CarVal Investors recently sold 3% of its 9.09% stake in Bank of Cyprus, sparking speculation that other shareholders may follow suit and sell their shares....
https://knews.kathimerini.com.cy/en/business/cyprus-surpasses-pre-pandemic-financial-levels-with-growing-surplus
Cyprus is bouncing back from recent economic challenges, with its financial health improving dramatically. Current fiscal surpluses now exceed what they were before the pandemic, thanks to a significant increase in revenue....
https://knews.kathimerini.com.cy/en/news/are-the-us-elections-turning-into-the-battle-of-the-billionaires
In what seems to be a tit-for-tat move—especially after Elon Musk announced he would donate $1 million a day to registered voters who sign his PAC petition—Microsoft founder Bill Gates has reportedly thrown his support behind Democratic Vice President Kamala Harris in the 2024...
https://knews.kathimerini.com.cy/en/news/1-imf-raises-cyprus-growth-forecast-for-2024
The International Monetary Fund (IMF) has raised its forecast for Cyprus's economic growth in 2024 from 2.7% to 3.3%. This updated prediction comes from the IMF's October World Economic Outlook report released on Tuesday....
https://knews.kathimerini.com.cy/en/business/spike-in-suspicious-transactions-as-cyprus-freezes-over-€25-million-in-illicit-assets
Reports of suspicious transactions in Cyprus have risen sharply in 2023, reaching levels similar to those in 2021, as per a story by Kathimerini's Dorita Yiannakou....
https://knews.kathimerini.com.cy/en/news/cyprus-reaches-agreement-for-delivery-of-fsru
The Cypriot government and a Chinese consortium have come to an agreement for the delivery of the floating storage regasification unit (FSRU) ''Prometheus,'' which is expected to be finalized within 60 days....
https://knews.kathimerini.com.cy/en/news/finance-minister-stands-firm-on-economic-stability-amid-rising-pressures
In a recent interview with Andreas Kimitris, Cyprus Finance Minister Makis Keravnos spoke candidly about his firm stance on the country’s economic stability. ...
https://knews.kathimerini.com.cy/en/news/cyprus-eu-nominee-under-fire-for-waste-management-scandal
Costas Kadis, Cyprus' nominee for EU Commissioner for Fisheries and Oceans, is facing criticism over his handling of a controversial waste management scandal ahead of his November 6 hearing before the European Parliament's Fisheries Committee....
https://knews.kathimerini.com.cy/en/news/pilot-program-to-promote-cultural-literacy-in-15-cypriot-schools
Cyprus is launching a pilot program in schools aimed at promoting cultural literacy among students, officials announced Thursday in Nicosia. Education Minister Athina Michaelidou and Deputy Minister of Culture Vasiliki Kassianidou introduced the "Schools as Ambassadors of Culture - Students as Ambassadors of Citizenship" initiative, which will roll out in 15 schools across all educational levels this academic year.
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https://knews.kathimerini.com.cy/en/news/david-rowan-why-cyprus-can-become-a-hub-for-ai-innovation
David Rowan, the founding editor of WIRED UK, captivated the audience at the Digital Agenda Cyprus Summit 2024 with his bold vision of how emerging technologies, particularly artificial intelligence (AI), will reshape the future of business and society....
https://knews.kathimerini.com.cy/en/news/elon-musk-donates-over-$70m-to-boost-trump-gop-in-2024-election
Elon Musk, the world's wealthiest individual, contributed more than $70 million to support Donald Trump and Republican campaigns in the upcoming November elections, according to recent campaign finance disclosures....
https://knews.kathimerini.com.cy/en/news/global-debt-to-exceed-$100-trillion-this-year
Global public debt is nearing the size of the world economy, posing risks to living standards in developed nations, the International Monetary Fund (IMF) warned....
https://knews.kathimerini.com.cy/en/news/bank-profits-in-crosshairs-as-tax-talks-heat-up
The future of a special tax on bank deposits paid to the state may be heading for a shift, though a final decision is not guaranteed. ...
https://knews.kathimerini.com.cy/en/business/cyprus-investment-funds-grow-to-€9-4-billion-in-2024
Investment companies in Cyprus collectively manage assets worth €9.4 billion, with the amount growing by about 2.9% in the second quarter of 2024 but still below last year's figures....
https://knews.kathimerini.com.cy/en/news/attica-bank-secures-us-investment-ahead-of-€672m-share-sale
Two major US investment funds are expected to participate in Attica Bank’s share capital increase, which takes place from October 21 to 30 and aims to raise 672.2 million euros....
https://knews.kathimerini.com.cy/en/news/almost-three-quarters-of-wildlife-lost-due-to-human-actions
Human activity is causing a significant decline in wildlife around the globe, according to a new report from the World Wide Fund for Nature (WWF). ...
https://knews.kathimerini.com.cy/en/news/cyprus-hosts-european-job-fair-hundreds-of-positions-available
Cyprus’ Ministry of Labour and Social Insurance and EURES Cyprus are organising on Tuesday in Nicosia the “Find Your Career in Europe” event, with the participation of representatives from employment agencies from nine EU member states, along with company representatives....
https://knews.kathimerini.com.cy/en/news/cyprus-to-launch-first-homegrown-satellite-by-2026
Cyprus is making strides in space technology as the Cyprus Space Research and Innovation Centre (C-SpaRC) prepares to unveil its first satellite, set for launch in 2026. ...
https://knews.kathimerini.com.cy/en/news/tougher-penalties-for-employers-skirting-social-security
The government is poised to toughen penalties for undeclared work in an effort to address the widespread issue....
https://knews.kathimerini.com.cy/en/news/how-cypriot-startups-are-disrupting-healthcare-air-quality-and-mixed-reality
Aspiring entrepreneurs are being urged to dare with passion, partner wisely, and prepare for hard work and endless challenges. ...
https://knews.kathimerini.com.cy/en/news/un-hosts-key-meeting-between-cyprus-leaders-after-years-of-stalemate
This Tuesday marks a pivotal moment in the Cyprus problem, as the leaders of the two communities meet with UN Secretary-General Antonio Guterres....
https://knews.kathimerini.com.cy/en/business/cypriot-startups-inspire-with-innovative-solutions
Aspiring entrepreneurs in Cyprus are being urged to pursue their dreams with passion and determination, thanks to the success stories of local business startups, according to Dorita Yiannakou in this Sunday's Kathimerini. ...
https://knews.kathimerini.com.cy/en/comment/opinion/a-black-day-for-justice-in-cyprus
September 18, 2024 will be marked as another Black Day for Democracy and the start of a slippery road to a new phase in the political life of Cyprus....
https://knews.kathimerini.com.cy/en/news/limassol-and-larnaca-set-for-greener-urban-transport
Cyprus has officially launched its Sustainable Urban Mobility Plans (SUMP) for Limassol and Larnaca, making a significant step towards the the country’s transition towards greener, more accessible urban spaces....
https://knews.kathimerini.com.cy/en/news/eight-arrested-in-cyprus-over-alleged-terrorism-links
The arrest of eight people in a coordinated operation by police in Paphos and Limassol has drawn significant attention, as the suspects appear to be linked to terrorism-related activities....
https://knews.kathimerini.com.cy/en/news/new-app-teaches-teens-money-management
As technology continues to evolve, digital currency is becoming an increasingly integral part of modern life, making daily transactions easier, faster, and more accessible....
https://knews.kathimerini.com.cy/en/news/von-der-leyen-backs-€5-million-paphos-haemodialysis-expansion
The new Dialysis Unit at Paphos General Hospital was officially inaugurated this morning by Cyprus President Nicos Christodoulides and European Commission President Ursula von der Leyen....
https://knews.kathimerini.com.cy/en/business/digital-transformation-or-vanish
Historically our world has experienced significant eras spanning from the medieval eras, Renaissance, Scientific Revolution, Industrial Revolution, World War Era and others....
