https://knews.kathimerini.com.cy/en/business/cyprus-banks-bracing-for-profit-squeeze-according-to-moody-s
Moody's believes that Cyprus' small and saturated banking sector, the banks' limited loan portfolio, and low fee and commission income will restrict opportunities for growth in domestic banks' activities and profitability in the long term....
https://knews.kathimerini.com.cy/en/news/a-decade-ago-amazon-launching-drones-for-parcel-deliveries
Exactly a decade ago, Amazon revealed a program that aimed to revolutionize shopping and shipping. Drones launched from a central hub would waft through the skies delivering just about everything anyone could need....
https://knews.kathimerini.com.cy/en/news/netanyahu-advocates-extended-security-responsibility-in-gaza
Benjamin Netanyahu says Israel will have ''overall security responsibility'' in Gaza for an "indefinite period" after its war with Hamas....
https://knews.kathimerini.com.cy/en/news/larnaca-welcomes-the-museum-of-the-moon-by-luke-jerram
An extraordinary and captivating event is set to grace the coastal city of Larnaca, as the organizers of the Larnaca Biennale prepare to unveil a remarkable experience that will bring the moon closer to Earth, albeit metaphorically....
https://knews.kathimerini.com.cy/en/business/ey-cyprus-unveils-ey-academy-of-learning-and-development-pioneering-excellence-in-learning-and-development
EY is proud to announce the launch of the EY Academy of Learning and Development. The announcement took place during an exclusive event held on November 2, 2023, at Lemon Park in Nicosia....
https://knews.kathimerini.com.cy/en/business/ppc-becomes-new-owner-of-kotsovolos-in-€200-million-deal
In a significant development, PPC, the Greek energy company, has emerged as the new owner of the popular retail brand "Kotsovolos." This transition was facilitated through a deal with the British group Currys, valuing the acquisition at €200 million, entirely free from loans and lease obligations....
https://knews.kathimerini.com.cy/en/news/new-us-sanctions-target-cyprus-over-russia-connections
Four individuals and two legal entities related to Cyprus are included in a new US list of sanctions imposed due to Russia's offensive against Ukraine....
https://knews.kathimerini.com.cy/en/business/iata-s-oneid-sees-a-passport-free-future-in-air-travel
Recent strides in digital identity technology are reshaping the landscape of air travel, offering the promise of a streamlined and secure experience without the hassle of passports and boarding passes. ...
https://knews.kathimerini.com.cy/en/news/airstrikes-rockets-and-buildings-claim-over-3-600-child-lives-in-gaza
The murders of Alexis Mavromichalis (Alexoui) and Thanasis Kalogeropoulos present a challenging puzzle for investigators. They are grappling with a wealth of information related to the open conflicts involving the victims.
...
https://knews.kathimerini.com.cy/en/news/halloween-and-all-souls-day-cyprus-unleashes-spooky-and-quirky-delights
Cyprus, the sunny island in the Mediterranean, is gradually warming up to the enchanting world of Halloween. While it may not yet be a nationwide tradition, Cypriots are eager to embrace the spooky, kooky magic of the holiday....
https://knews.kathimerini.com.cy/en/news/biden-s-cabinet-seeks-$105-billion-aid-for-israel-and-ukraine
Defense Secretary Lloyd Austin and Secretary of State Antony Blinken will make the case Tuesday that the United States should immediately send aid to Israel and Ukraine, testifying at a Senate hearing as the administration’s massive $105 billion emergency aid request for conflicts in those countries and others has already hit roadblocks in the divided Congress.
...
https://knews.kathimerini.com.cy/en/news/cyprus-passport-ranks-21st-worldwide-thanks-to-its-perks-and-power
Cyprus's passport is currently the 21st most powerful globally, with a total score of 104.00. This ranking considers not only travel opportunities but also taxation, global reputation, dual citizenship policies, and personal freedom....
https://knews.kathimerini.com.cy/en/news/key-economic-issues-dominate-the-headlines
Despite various actions taken and a decrease in inflation, there are worries about the central bank's ability to achieve its goals. Some experts suggest that the target of 2% price growth, ...
https://knews.kathimerini.com.cy/en/business/techisland-launches-marcomms-community
TechIsland, Cyprus’ largest tech association with over 270 members, is set to launch a new professional group, the TechIsland MarComms Community. This initiative is aimed at fortifying the marketing and communications sector in the country’s rapidly evolving tech industry....
https://knews.kathimerini.com.cy/en/news/president-to-take-a-razor-to-his-beard
In a surprising and charitable move, the President of the Republic, Nikos Christodoulides, has decided to shave his beard after nearly two months of sporting it....
https://knews.kathimerini.com.cy/en/news/canadian-soldiers-in-cyprus-await-call-for-lebanon-evacuation
On a sunny Thursday in Cyprus, holidaymakers relaxed on beach chairs, while a small group of people in Canadian uniform sat inside a nearby hotel meeting room, staring into screens.
...
https://knews.kathimerini.com.cy/en/news/minister-reveals-startling-quadrupling-of-cocaine-users-in-two-decades
The Minister of Justice and Public Order, Anna Koukkides Procopiou, revealed a significant rise in cocaine use in Cyprus, with the number of users estimated to have quadrupled in the past two decades....
https://knews.kathimerini.com.cy/en/business/university-of-nicosia-1-in-business-and-economics-1-in-education-and-1-in-psychology-in-cyprus-and-greece
Ranked #1 in the discipline of Business and Economics, #1* in Education, and #1** in Psychology in Cyprus and Greece by the 2024 Times Higher Education (THE) World University Rankings by Subject, the University of Nicosia (UNIC) reasserts its leading position in these three subject areas....
https://knews.kathimerini.com.cy/en/business/italy-s-ai-tsar-an-85-year-old-who-might-struggle-to-google-ai
A decision to appoint an 85-year-old as Italy’s artificial intelligence (AI) tsar has caused bafflement and stoked political tensions within the ruling coalition....
https://knews.kathimerini.com.cy/en/business/mcdonalds-israel-in-the-hot-seat-for-giving-away-100-000-free-meals-to-soldiers
Tensions are playing out at McDonald’s locations across the Middle East as the Israel-Hamas war rages on....
https://knews.kathimerini.com.cy/en/business/celestyal-cruises-unveils-largest-fleet-gem-celestyal-journey-in-limassol-port
Celestyal Cruises presented its largest fleet jewel, the "Celestyal Journey," at Limassol Port this Wednesday. The vessel has been part of the routes that commenced last September, scheduled to continue until June 2024, with the exceptions of January and February....
https://knews.kathimerini.com.cy/en/business/ecommbx-a-platform-to-rule-them-all
From Day One, ECOMMBX was determined to develop the most powerful electronic payments systems, capable of offering customers seamless cross-border transactions. ...
https://knews.kathimerini.com.cy/en/news/president-addresses-global-security-at-cairo-summit
This is not a regional crisis of limited concern or impact, it is fundamentally a question of international peace and security and a challenge that our global collective security system must respond to, President of the Republic Nikos Christodoulides told the International Peace Summit that took place Saturday in Cairo....
https://knews.kathimerini.com.cy/en/comment/opinion/finding-common-ground-in-a-divided-world
Being skeptical in the face of a lack of evidence is legitimate, acceptable, and ethically justified. ...
https://knews.kathimerini.com.cy/en/news/rare-96-year-old-macallan-whisky-to-fetch-over-$1-4m-at-sotheby-s-auction
A bottle of what Sotheby’s is calling “the most sought-after Scotch whisky” is set to go up for auction next month, with an estimated price of up to 1.2 million pounds ($1.4 million), the auction house said Thursday....
https://knews.kathimerini.com.cy/en/news/ed-sheeran-reveals-cyprus-as-tour-stop-for-2024-world-tour
In an exciting development for Cypriot music enthusiasts, global pop sensation Ed Sheeran unveiled the list of countries set to be part of his forthcoming world tour. Notably, this announcement marks the first-ever inclusion of Cyprus in Sheeran's tour itinerary....
https://knews.kathimerini.com.cy/en/business/ministry-recommends-adjusting-milk-mix-for-better-halloumi
The Ministry of Agriculture, Rural Development, and Environment is taking steps to improve the production of the highly-regarded PDO halloumi cheese. ...
https://knews.kathimerini.com.cy/en/news/assessing-the-dual-impact-of-government-s-support-measures
Recent days have witnessed crucial discussions surrounding measures to support households and businesses, a pressing necessity given the prevailing circumstances....
https://knews.kathimerini.com.cy/en/business/university-of-cyprus-department-of-computer-science-and-global-game-developer-and-publisher-wargaming-group-limited-boost-cooperation
In a bid to step up their cooperation, the Department of Computer Science of the University of Cyprus and Wargaming Group Limited signed a Memorandum of Understanding on Wednesday, October 18, 2023. ...
https://knews.kathimerini.com.cy/en/news/new-measures-unveiled-for-energy-and-housing
In a decisive move to support Cyprus' households and businesses, the Council of Ministers, under the leadership of President Nikos Christodoulides, unveiled a comprehensive package of immediate and medium-term measures today....
