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12° Nicosia,
07 July, 2025
 

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Displaying results 1-30 of 800 matches for query funds.

1. Scandal deepens in socialite crime ring case as family returns to court

https://knews.kathimerini.com.cy/en/news/scandal-deepens-in-socialite-crime-ring-case-as-family-returns-to-court

The scandal surrounding a 37-year-old businesswoman and socialite at the center of a suspected organized crime ring in Cyprus took a darker turn this week, with her parents and brother once again brought before the Nicosia District Court....

2. New EV grants open, but you’ve only got until October

https://knews.kathimerini.com.cy/en/business/new-ev-grants-open-but-you-ve-only-got-until-october

Cyprus is rolling out a new €2.5 million electric vehicle subsidy scheme, but only 260 spots are up for grabs, and buyers will need to move fast....

3. Cyprus e-mobility grant scheme faces criticism as initial funding runs out

https://knews.kathimerini.com.cy/en/news/cyprus-e-mobility-grant-scheme-faces-criticism-as-initial-funding-runs-out

The recently launched e-mobility grant scheme in Cyprus has drawn criticism from the Association of Importers of Motor & Electric Vehicles (SEMHIO), which expressed serious concerns about the plan’s limited budget and structural shortcomings....

4. Cyprus influencer and family arrested in €1 million crime ring linked to convicted felon

https://knews.kathimerini.com.cy/en/news/cyprus-influencer-and-family-arrested-in-€1-million-crime-ring-linked-to-convicted-felon

A 37-year-old Nicosia socialite, businesswoman, and influencer was arrested Friday in connection with a sprawling criminal operation involving drug trafficking, illegal gambling, and money laundering that reportedly generated €1 million in recent months, police said....

5. MP's approve €100M fund to aid 2013 bank crisis victims

https://knews.kathimerini.com.cy/en/news/mp-s-approve-€100m-fund-to-aid-2013-bank-crisis-victims

Twelve years after the 2013 banking crisis devastated thousands of depositors and investors, Cyprus’ Parliament has approved a long-awaited budget for the National Solidarity Fund, unlocking €100 million in compensation for those hardest hit....

6. High-profile arrests in major money laundering case

https://knews.kathimerini.com.cy/en/news/high-profile-arrests-in-major-money-laundering-case

A well-known Nicosia businesswoman, members of her family, and a convicted inmate are among five people now facing serious criminal charges in a widening money laundering investigation that has rocked the local community....

7. Ex-theatre director found guilty of embezzling €234,550 in public funds

https://knews.kathimerini.com.cy/en/news/ex-theatre-director-found-guilty-of-embezzling-€234-550-in-public-funds

The former director of the Pattichio Municipal Theatre, Vasso Argyriadis, was found guilty by the Permanent Criminal Court of Limassol on charges of embezzling funds from the theatre’s treasury and laundering proceeds from illegal activities....

8. Student grant system under fire over payouts to the wrong people

https://knews.kathimerini.com.cy/en/news/student-grant-system-under-fire-over-payouts-to-the-wrong-people

The Office of the Auditor General has raised concerns over how student scholarships are awarded and paid out in Cyprus, following a 2023 audit that found gaps and procedural problems in the system....

9. June Newsletter of K. Treppides & Co Ltd – 13/06/2025

https://knews.kathimerini.com.cy/en/business/june-newsletter-of-k-treppides-co-ltd-–-13-06-2025

A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....

10. ECB poised for fall rate decision as growth, tariffs, and inflation weigh in

https://knews.kathimerini.com.cy/en/business/ecb-poised-for-fall-rate-decision-as-growth-tariffs-and-inflation-weigh-in

The European Central Bank will reassess its interest rate policy this fall, weighing whether additional cuts are necessary after a recent series of reductions brought its main rate to 2%, with inflation easing to 1.9%....

11. Long-term government bonds face growing investor pushback

https://knews.kathimerini.com.cy/en/business/long-term-government-bonds-face-growing-investor-pushback

Governments around the world are encountering unexpected resistance in the bond markets as long-term debt issuances increasingly struggle to attract investors, marking a break from years of routine fundraising....

12. Alpha Bank sets sights on Cyprus insurer Altius in expansion push

https://knews.kathimerini.com.cy/en/business/alpha-bank-sets-sights-on-cyprus-insurer-altius-in-expansion-push

Alpha Bank is in talks to buy Altius Insurance, a Cyprus-based insurance company it already works with to sell insurance products through its branches. While nothing has been finalized yet, sources say discussions have progressed to a potential acquisition....

13. Let them eat cake!

https://knews.kathimerini.com.cy/en/comment/opinion/let-them-eat-cake

We all remember the former Auditor General’s infamous visit to the presidential bedroom and the rumors about curtains and a €100,000 renovation....

14. Posh perks and pricey trips: Inside Parliament’s 2023 spending spree

https://knews.kathimerini.com.cy/en/news/posh-perks-and-pricey-trips-inside-parliament-s-2023-spending-spree

The Auditor General of the Republic has issued a series of significant recommendations in his report concerning the operations of the House of Representatives for the year 2023....

15. Freedom Holding Corp. added to the prestigious Russell 3000® Index

https://knews.kathimerini.com.cy/en/business/freedom-holding-corp-added-in-the-prestigious-russell-3000®-index

Freedom Holding Corp. (FRHC), a diversified, multinational financial services firm, has been selected for inclusion in the Russell 3000® Index as part of its annual reconstitution in 2025. The inclusion will take effect after the US market closes on June 27, 2025....

16. Aegean Airlines: First Quarter 2025 Trading Update

https://knews.kathimerini.com.cy/en/business/aegean-airlines-first-quarter-2025-trading-update

AEGEAN announces its key financial and operating results for the first quarter of 2025....

17. Pensioners' union criticizes Labour Ministry for ignoring pensioners’ financial struggle

https://knews.kathimerini.com.cy/en/news/pensioners-union-criticizes-labour-ministry-for-ignoring-pensioners-financial-struggle

The Union of Cypriot Pensioners (EKYSY) has criticized the Ministry of Labour for rejecting its request to advance May pension payments, citing concerns over the financial strain caused by a prolonged gap between payments....

18. Over €620,000 in upgrades heading to Polis and nearby villages

https://knews.kathimerini.com.cy/en/business/over-€620-000-in-upgrades-heading-to-polis-and-nearby-villages

In a welcome boost for the Paphos district, more than €620,000 in grants will soon flow into Polis Chrysochous and surrounding communities as part of a government push to breathe new life into rural, mountainous, and remote areas....

19. EAC Chairman admits project costs overstated, downplays need for tariff hike

https://knews.kathimerini.com.cy/en/news/eac-chairman-admits-project-costs-overstated-downplays-need-for-tariff-hike

The Board of Directors of the Electricity Authority of Cyprus (EAC) is set to review potential electricity tariff adjustments this week, but EAC Chairman Giorgos Petrou said he does not expect a rate increase will be necessary....

20. Andreas Neocleous, Omiros Pissarides, Eirini Hadjisavva, and Marios Tannousis to Speak at Green Agenda Cyprus Summit

https://knews.kathimerini.com.cy/en/news/andreas-neocleous-omiros-pissarides-eirini-hadjisavva-and-marios-tannousis-to-speak-at-green-agenda-cyprus-summit

This year’s Sustainable Development Conference aims to support and enhance Cyprus’s national strategy for the Green Transition....

21. Freedom Holding Corp. Reaches $10 Billion Valuation on Record Share Price

https://knews.kathimerini.com.cy/en/business/freedom-holding-corp-reaches-$10-billion-valuation-on-record-share-price

Freedom Holding Corp. (FRHC), the parent company of Freedom24, reached an important milestone as its market capitalization surpassed $10 billion on Wednesday, May 14. ...

22. Major win for borrowers as court orders banks to stop using abusive loan terms

https://knews.kathimerini.com.cy/en/news/major-win-for-borrowers-as-court-orders-banks-to-stop-using-abusive-loan-terms

Thousands of borrowers across Cyprus could soon see fairer treatment from banks, thanks to a landmark court decision banning the use of abusive clauses in loan contracts....

23. ECOMMVERSE by ECOMMBX – An Innovative Digital Platform for Financial Services

https://knews.kathimerini.com.cy/en/news/ecommverse-by-ecommbx-–-an-innovative-digital-platform-for-financial-services

With the advancement of technology and growing demands for speed, flexibility, and tailored solutions, the need for new, alternative forms of financial services has become increasingly clear....

24. New evidence in Cyprus Papers passport scandal shows photos and faxes pointing to political interference

https://knews.kathimerini.com.cy/en/news/new-evidence-in-cyprus-papers-passport-scandal-shows-photos-and-faxes-pointing-to-political-interference

Testimony continued Tuesday in the high-profile case sparked by Al Jazeera’s 2020 Cyprus Papers investigation, with a police sergeant detailing evidence suggesting political interference and irregularities in the naturalization of foreign investors....

25. May 8th is World Red Cross and Red Crescent Day

https://knews.kathimerini.com.cy/en/news/may-8th-is-world-red-cross-and-red-crescent-day

May 8th marks a significant day for the International Red Cross and Red Crescent Movement, celebrating the dedication of millions of volunteers who selflessly provide aid in times of crisis....

26. Education Ministry slammed for millions spent and cut corners in dodgy deals

https://knews.kathimerini.com.cy/en/news/education-ministry-slammed-for-millions-spent-and-cut-corners-in-dodgy-deals

A deep dive by Cyprus’ Auditor General has uncovered a troubling pattern in how the Ministry of Education, Sport and Youth has been handling public project contracts, and the red flags go back nearly a decade....

27. Transport Ministry to relaunch electric car grants after public backlash

https://knews.kathimerini.com.cy/en/news/transport-ministry-to-relaunch-electric-car-grants-after-public-backlash

The Cypriot government is preparing new grant schemes to support the purchase of electric cars, following criticism over its recent decision to scale back an earlier subsidy program due to low uptake....

28. Cypriots eye business opportunities, but fear of failure still looms

https://knews.kathimerini.com.cy/en/business/cypriots-eye-business-opportunities-but-fear-of-failure-still-looms

A growing number of Cypriots believe the island is ripe for starting a business—but fear of failure is still holding many back, according to the National Report on Entrepreneurship in Cyprus 2023/2024, released Tuesday by the Centre for Entrepreneurship at the University of Cyprus....

29. Pensioner scammed out of €142K in online investment trap

https://knews.kathimerini.com.cy/en/news/pensioner-scammed-out-of-€142k-in-online-investment-trap

A 77-year-old man in Cyprus has been left devastated after falling victim to a sophisticated online scam that cost him a staggering €142,000, police said on Friday....

30. Why electric vehicle grants are being put on hold

https://knews.kathimerini.com.cy/en/business/why-electric-vehicle-grants-are-being-put-on-hold

The Cyprus Ministry of Transport has reduced its electric vehicle (EV) grant allocation due to low demand, scaling back funding from €38 million to €32.8 million. ...