https://knews.kathimerini.com.cy/en/business/techisland-summit-2023-cyprus-on-the-fast-track-of-becoming-a-tech-island
TechIsland held its annual TechIsland Summit within the framework of the Reflect Festival on 20 September 2023....
https://knews.kathimerini.com.cy/en/business/cbc-lowers-gdp-growth-projections-for-2023-and-2024
The Central Bank of Cyprus has revised its growth projections for 2023 and 2024. They now expect GDP growth to be 2.4% in 2023 and 2.7% in 2024, down from their previous forecasts of 2.6% and 2.8%. This is due to Western sanctions against Russia and the fragile external environment affecting professional and non-tourism services....
https://knews.kathimerini.com.cy/en/business/techisland-launches-cy-guide-chatbot-powered-by-loqosai
TechIsland, the largest tech association in Cyprus, announced the launch of version 1.0 of the ''CY GUIDE Chatbot'' powered by LoqosAI. ...
https://knews.kathimerini.com.cy/en/business/new-level-of-professional-coaching-in-cyprus
ICF Cyprus Chapter has opened its doors in Cyprus as a chapter of the International Coaching Federation. ICF is the leading global organization of 62,000-plus professional personal and business coaches....
https://knews.kathimerini.com.cy/en/news/focus-on-growth-employment-control-and-surplus-in-the-2024-budget
The 2024 state budget to be tabled to the Council of Ministers for approval next week will have three key characteristics, Minister of Finance Makis Keravnos told CNA....
https://knews.kathimerini.com.cy/en/business/consulco-s-london-credit-fund-existing-new-investment-opportunities
https://knews.kathimerini.com.cy/en/business/saudi-arabia-prepares-for-its-first-ever-fashion-week
Saudi Arabia is gearing up to host its inaugural Fashion Week, scheduled for October 20 to 23 in Riyadh. The event features participation from 30 local fashion designers and companies. ...
https://knews.kathimerini.com.cy/en/business/techisland-s-workshop-marks-cyprus-s-tech-hub-aspiration
TechIsland’s 'Building Tech Islands' Workshop: A Milestone in Cyprus’s Quest to Attract Global Tech Giants...
https://knews.kathimerini.com.cy/en/business/ey-achieves-record-global-revenue-of-nearly-$50-billion
EY reports record global revenue results of just under US$50b...
https://knews.kathimerini.com.cy/en/news/135-debt-reduction-sparks-hope-for-economy
According to the latest data from the Central Bank of Cyprus, the private debt-to-GDP ratio has shown a significant decrease from its peak at the end of the first quarter in 2015 to the end of March 2023. ...
https://knews.kathimerini.com.cy/en/news/farewell-to-self-serve-soda-at-mcdonald-s
Testing out all the possible soda combinations at your local McDonald’s will one day become a thing of the past....
https://knews.kathimerini.com.cy/en/business/unlimited-data-dominates-in-mobile-telephony-contracts
In the first half of 2023, over 50% of mobile phone contracts now offer unlimited voice, SMS, and data, highlighting the growing importance of data in these contracts. ...
https://knews.kathimerini.com.cy/en/business/ecb-raises-rates-for-the-10th-time-as-it-tries-to-quell-inflation
The European Central Bank raised interest rates for the 10th meeting in a row on Thursday to counter stubborn inflation but signalled that it is likely done tightening policy....
https://knews.kathimerini.com.cy/en/news/is-cyprus-banking-sector-heading-for-a-shake-up
The Cypriot banking sector is in trouble, and it looks like Eurobank is on the verge of acquiring Hellenic Bank. Meanwhile, Astrobank and CDB Bank's relationship has shifted from a "flirtation" to an "appointment."...
https://knews.kathimerini.com.cy/en/business/ceo-confidence-in-artificial-intelligence-tempered-by-social-ethical-and-security-risks
CEOs globally are embracing opportunities created by AI, but also remain wary of unknown, unintended consequences, according to the findings of the latest EY CEO Outlook Pulse survey. ...
https://knews.kathimerini.com.cy/en/business/altia-transforms-the-real-estate-market-through-property-management-technology-services-developed-by-prosperty-and-robura
Altia, the fastest-growing real estate company in Cyprus with one of the largest real estate portfolios, is bringing digital transformation to the real estate sector. ...
https://knews.kathimerini.com.cy/en/business/cablenet-welcomes-pantelis-michaelides-as-new-key-accounts-sales-manager
Cablenet, a leading telecommunications and broadband services provider, is delighted to announce the recent recruitment of Mr. Pantelis Michaelides in the position of New Key Accounts Sales Manager within the Business-to-Business (B2B) division. ...
https://knews.kathimerini.com.cy/en/business/cdb-bank-and-astrobank-in-talks-for-potential-acquisition
In an official announcement released by CDB Bank to the Cyprus Stock Exchange, both banks have confirmed discussions regarding the potential acquisition of CDB Bank by Astrobank. ...
https://knews.kathimerini.com.cy/en/news/digital-agenda-s-€10-000-prize-ai-competition-deadline-extended
The application period for the Digital Agenda Alpha stage Artificial Intelligence Competition has been extended. Kyriakos Kokkinos, the former Deputy Minister of Innovation, made this announcement on "SPOR FM 95.0" during the "news drill" show. Initially, the deadline was set for September 10th, but due to high interest, it has been extended to September 16th.
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https://knews.kathimerini.com.cy/en/business/techisland-awards-the-highly-anticipated-awards-ceremony-of-the-tech-sector
The winners of the first ceremony in 7 categories...
https://knews.kathimerini.com.cy/en/business/payabl-backs-fastest-growing-tech-event-in-cyprus
payabl. announced as the Platinum Partner for Reflect Festival 2023...
https://knews.kathimerini.com.cy/en/news/dairy-leader-alambra-unveils-€10-million-eco-friendly-milk-facility
On Tuesday, September 5th, the grand opening of the new Alambra fresh milk factory took place....
https://knews.kathimerini.com.cy/en/business/weight-loss-drug-ozempic-transforms-denmark-s-economy
Massive demand for diabetes and weight loss drugs made by Danish pharmaceutical group Novo Nordisk has turned it into Europe's most valuable company, giving Denmark's economy a major makeover....
https://knews.kathimerini.com.cy/en/news/china-s-economic-slowdown-threatens-global-stability
China is unlikely to surpass the US as the world's largest economy as initially predicted for the early 2030s, primarily due to a growing lack of confidence in the Chinese economy, according to Bloomberg Economics analysts....
https://knews.kathimerini.com.cy/en/news/tourism-revenue-soars-to-just-over-€1-billion-in-first-half-of-2023
Tourism revenue in Cyprus has seen a remarkable surge in the first half of this year. The latest data from the Statistical Service of Cyprus (Cystat) reveals that revenue from tourism amounted to a staggering €1.09 billion. ...
https://knews.kathimerini.com.cy/en/news/calling-all-cypriot-students-interested-in-embarking-on-a-roman-diplomatic-journey
The Embassy of Cyprus in Rome is extending a warm invitation to Cypriot students who are eager to gain valuable experience through a 3-month internship program. ...
https://knews.kathimerini.com.cy/en/news/hellenic-bank-reports-impressive-profit-surge-of-€160-2-million
Hellenic Bank had a really good financial run in the first half of 2023. They made a profit of €160.2 million, which is a huge jump of 203% compared to last year at the same time....
https://knews.kathimerini.com.cy/en/news/u-turn-on-school-bus-fare-hike
In a reversal that has quelled widespread apprehension, school bus fares will not be subject to an increase after all. The issue has spurred heated debates among organized parents and the Department of Transportation....
https://knews.kathimerini.com.cy/en/news/china-s-$10-trillion-hidden-debt
For some time now, markets have been buffeted almost on a daily basis by gloomy economic news filtering out of China....
https://knews.kathimerini.com.cy/en/business/leonid-radvinsky-the-mastermind-behind-onlyfans
The profits of the OnlyFans platform have seen a remarkable surge over the past year, and recent revelations of its owner pocketing over $300 million (€278 million) in dividends have sparked fresh inquiries into the leader behind this adult content platform....
