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/business/over-€1-2-billion-in-russian-assets-frozen-in-cyprus-amid-ongoing-sanctions
In Cyprus, over €1.2 billion worth of Russian assets have been frozen, as part of Europe's broader effort to block Russian assets amid ongoing sanctions. ...
https://knews.kathimerini.com.cy/en/business/cyprus-sees-investment-boom-as-foreign-companies-flock-to-the-island
The investment scene in Cyprus is off to a strong start in 2025, with foreign investors showing increased enthusiasm for setting up businesses on the island....
https://knews.kathimerini.com.cy/en/news/black-lives-matter-mural-demolished-amid-republican-pressure-video
Construction crews began dismantling Black Lives Matter Plaza near the White House on Monday, March 10, following Republican threats to cut the city’s transportation funding unless the site was renamed....
https://knews.kathimerini.com.cy/en/news/end-of-an-era-manchester-united-to-leave-old-trafford-after-115-years
Manchester United has officially announced plans to move out of Old Trafford, their home for the past 115 years, and build a brand-new, state-of-the-art stadium next door. The proposed 100,000-seater venue will become the largest football stadium in the UK....
https://knews.kathimerini.com.cy/en/news/over-400-saplings-and-shrubs-planted-in-cape-greco
More than 400 native species of saplings and shrubs were planted on Saturday in the Cape Greco area, in a location that was previously a landfill....
https://knews.kathimerini.com.cy/en/news/retired-but-still-on-payroll-as-doctor-gets-paid-for-10-months-after-retiring
A retired public sector doctor continued receiving salary and benefits for nearly a year after leaving his post, collecting a total of €65,000 in state funds while working for a private clinic, a parliamentary committee revealed Tuesday....
https://knews.kathimerini.com.cy/en/news/freedom24-chess-academy-has-opened-in-limassol
Freedom24 Chess Academy was officially inaugurated in Limassol on March 1. Timur Turlov, CEO of Freedom Holding Corp., encouraged the young participants to strive for new heights in chess. ...
https://knews.kathimerini.com.cy/en/news/from-oxford-to-geneva-to-nicosia-cyprus-capital-among-europe-s-cities-of-the-future
Nicosia has secured a prestigious spot in the European Cities and Regions of the Future 2025 rankings by fDi Intelligence, reaffirming its status as an emerging center for innovation, investment, and entrepreneurship....
https://knews.kathimerini.com.cy/en/news/cyprus-faces-uncertain-future-as-electricity-link-with-greece-stalls
The ambitious Great Sea Interconnector project, aimed at linking the electricity grids of Greece and Cyprus through an underwater cable, has been indefinitely suspended due to geopolitical tensions and financial uncertainties. ...
https://knews.kathimerini.com.cy/en/comment/opinion/too-much-sun-too-much-wind-too-little-strategy
If there's too much sun, we face energy problems because the solar panels collect more energy than we can store. If it's too cold, we face problems because the system can't handle the increased demand for heating....
https://knews.kathimerini.com.cy/en/comment/opinion/thank-you-donald
''Thank you, Donald.'' All Europeans should be saying that out loud. What is the U.S. president really telling us in his own barbaric, rude, and incoherent way? ...
https://knews.kathimerini.com.cy/en/news/concerns-raised-over-dangerous-sprays-and-waste-management-at-carnivals
The use of hazardous sprays at carnival celebrations has come under scrutiny following a recent discussion before the Parliamentary Environment Committee....
https://knews.kathimerini.com.cy/en/business/the-resident-billionaires-behind-cyprus-rise-as-a-global-business-hub
Cyprus has quietly become a magnet for some of the world's wealthiest individuals, transforming the island into a hub for global business and investment. ...
https://knews.kathimerini.com.cy/en/business/net-billing-to-replace-net-metering-what-you-need-to-know
Cyprus is set to transition from the current net-metering system to net-billing for new residential solar energy systems, with the backing of the European Union....
https://knews.kathimerini.com.cy/en/news/solar-panels-installed-in-405-schools
A total of 405 schools have had solar panel systems installed by the Technical Services of the Ministry of Education, Sports, and Youth, alongside thermal insulation and waterproofing works....
https://knews.kathimerini.com.cy/en/business/vasilikos-project-needs-another-€200-million—will-it-ever-be-finished
The ambitious Vasilikos gas terminal project in Cyprus is facing significant financial and logistical hurdles, with an additional €200 million needed to complete construction. ...
https://knews.kathimerini.com.cy/en/business/global-fintech-investment-falls-to-seven-year-low-of-$95-6-billion-in-2024-but-uptick-in-q4-24-is-a-sign-of-cautious-optimism-says-kpmg-s-pulse-of-fintech-h2-24
2024 was another difficult year for fintech, with just $95.6 billion of investment globally across 4,639 deals....
https://knews.kathimerini.com.cy/en/news/nearly-100-deputy-mayors-in-cyprus-paid-to-do-nothing
Nearly 100 deputy mayors across Cyprus have been collecting taxpayer-funded salaries for the past nine months — without having any official duties assigned to them — due to loopholes in the local government reform, sparking frustration among both the public and the officials themselves....
https://knews.kathimerini.com.cy/en/news/33east-unites-cyprus-startup-ecosystem-for-official-fund-launch
33East, a Cyprus-focused venture capital firm, is officially launching its debut fund with an event bringing together founders, investors, and key ecosystem leaders who share the vision of transforming Cyprus into a hive for innovation and entrepreneurship....
https://knews.kathimerini.com.cy/en/news/cans-for-kids-donates-over-€14-500-in-medical-equipment-to-limassol-hospital
In an act of support for local healthcare, Cans For Kids has donated a state-of-the-art medical device to the neonatal department at Limassol Hospital. ...
https://knews.kathimerini.com.cy/en/news/police-demand-€45-000-for-carnival-security-sparks-outrage
A €45,000 bill from the police to Limassol's local authorities for security at this year's Sunday carnival parade has stirred heated reactions, with municipal officials calling the demand unacceptable and legally baseless....
https://knews.kathimerini.com.cy/en/news/unique-protected-species-in-europe-killed-at-the-mavrokolympos-dam
A month ago, the Ministry of Agriculture announced an environmental disaster: the drainage of the Mavrokolympos dam due to a technical failure that could not be repaired. ...
https://knews.kathimerini.com.cy/en/news/whatsapp-subject-to-strictest-eu-platform-rules
WhatsApp is now among the online platforms required to comply with the European Union’s most stringent transparency regulations....
https://knews.kathimerini.com.cy/en/news/nicosia-s-old-gsp-transformed-into-urban-park-ready-for-public-use
The long-awaited redevelopment of the old GSP site is nearly complete and is set to be handed over to the Nicosia Municipality in March.
...
https://knews.kathimerini.com.cy/en/news/cyprus-government-unveils-€60m-investment-plan-to-boost-agriculture
The Cypriot government has rolled out a €60 million investment plan designed to boost the competitiveness and sustainability of the country’s agricultural sector. ...
https://knews.kathimerini.com.cy/en/news/2024-global-vc-investment-rises-to-$368b-as-investor-interest-in-ai-soars
Global VC investment rose from $349.4 billion across 43,320 deals in 2023 to $368.3 billion across 35,684 deals in 2024 despite a multitude of challenges, including global conflicts and geopolitical tensions, uncertainties associated with a significant number of major elections—...
https://knews.kathimerini.com.cy/en/news/the-road-to-prosperity
Browsing social media I have recently come across a map showing all the countries with GDP per capita higher than Poland’s back in 1990 and in 2018....
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/ey-the-biggest-risks-facing-cyprus-and-governments-worldwide
As we move further into 2025, governments around the world, including Cyprus, are facing a range of challenges....
