https://knews.kathimerini.com.cy/en/news/french-senator-allizard-heads-to-cyprus-for-osce-mission
French Senator Pascal Allizard, Special Representative on Mediterranean Affairs for the Parliamentary Assembly of the Organisation for Security and Cooperation......
https://knews.kathimerini.com.cy/en/news/unemployment-rate-drops-while-inflation-inches-up
The latest data from the Cyprus Statistical Service reveals a positive shift in the country's economic landscape, with the unemployment rate falling to 5.9% in the fourth quarter of 2023, compared to 6.9% in the same period the previous year....
https://knews.kathimerini.com.cy/en/news/future-ships-to-navigate-seas-without-crews
In what seems like a scene from science fiction, the future of ocean exploration is unfolding before our eyes....
https://knews.kathimerini.com.cy/en/news/hotel-industry-faces-backlash-over-residence-fees
The inclusion of a residence tax within the framework of the green tax reform, affecting hotels, tourist accommodations, and Airbnb, is expected to trigger reactions within the hotel industry....
https://knews.kathimerini.com.cy/en/business/energy-minister-calls-for-eu-solar-bank-to-energize-solar-industry
In a proposal during the EU Council of Transport, Telecommunications, and Energy yesterday, Cypriot Minister of Energy, Commerce, and Industry George Papanastasiou...
https://knews.kathimerini.com.cy/en/news/kedipes-preps-for-major-loan-sell-off-boosting-cyprus-banks
In a strategic move to streamline its assets, KEDIPES is gearing up to offload a second batch of performing loans, hot on the heels of its €58 million deal with the Bank of Cyprus....
https://knews.kathimerini.com.cy/en/news/australia-and-cyprus-embrace-renewable-energy-collaboration
In a recent interview with GOLD magazine, Fiona McKergow, the Australian High Commissioner to Cyprus, sheds light on the burgeoning connections between the two nations....
https://knews.kathimerini.com.cy/en/news/inflation-and-new-markets-propel-spending-close-to-€3-billion-in-2023
Just before the end of last summer, economic analysts' projections for 2023 tourism revenue were nearing a record close to €3 billion. ...
https://knews.kathimerini.com.cy/en/business/xm-invests-in-aris-for-future-entrepreneurs
XM, an international company that has established itself as a leader in the investment industry in forex, CFD in shares, metals and more, actively supports education and skills development initiatives through its sponsorship of ARIS (A Really Inspiring Space)....
https://knews.kathimerini.com.cy/en/business/the-€623-million-windfall-from-cyprus-shipping-industry
Kathimerini reporter Andreas Karamitas dives into the heartbeat of Cyprus' economy - the shipping industry. In a revealing exploration, discover how this vital sector pumped a staggering €623 million into the real economy solely through ship management in 2023. ...
https://knews.kathimerini.com.cy/en/business/ey-survey-cybersecurity-tops-global-cros-concerns
EY Global Bank Risk Survey 2023 finds CRO role has expanded and evolved....
https://knews.kathimerini.com.cy/en/business/apple-u-turns-on-evs-shifts-gears-to-focus-on-ai
Apple has reportedly halted its decade-long secretive project to develop electric vehicles (EVs), redirecting efforts towards its artificial intelligence (AI) division....
https://knews.kathimerini.com.cy/en/news/eib-turns-down-funding-for-great-sea-interconnector-project
The European Investment Bank (EIB) has declined to finance the Great Sea Interconnector project, linking Cyprus, Greece, and Israel. Kyriakos Kakouris, EIB Vice President, confirmed the decision, stating that no new funding request has been submitted by the Republic of Cyprus....
https://knews.kathimerini.com.cy/en/news/cyprus-economic-mood-sours-in-february
In February 2024, economic sentiment in Cyprus witnessed a decline, with the Economic Sentiment Indicator (ESI-CypERC) dropping by 2.1 points compared to January, according to the University of Cyprus Economics Research Center....
https://knews.kathimerini.com.cy/en/news/how-an-ex-pilot-turned-halloumi-tradition-upside-down
In the heart of Nicosia, Cyprus, Pantelis Panteli, a former airline pilot turned cheese maker, is redefining tradition with his exclusive Halloumi crafted from ewe's milk....
https://knews.kathimerini.com.cy/en/business/cyprus-plays-key-role-in-eu-s-operation-aspides
In response to increased threats from the Houthi terrorist group, the European Union has approved the initiation of Operation ASPIDES, aiming to bolster security and freedom for European shipping in the Red Sea. ...
https://knews.kathimerini.com.cy/en/business/safe-bulkers-inc-launches-deck-officer-training-scholarship-program
In a bid to foster interest in maritime professions among young individuals and align with environmental, social, and corporate governance goals, Polly Hatzioannou's company, SAFE BULKERS Inc., has announced the initiation of the Deck Officer Training Scholarship program....
https://knews.kathimerini.com.cy/en/news/labour-minister-eyes-growth-and-jobs-ahead
The Minister of Labour and Social Insurance, Yannis Panayiotou, notes a common approach for the development of the economy between the Government and the business community......
https://knews.kathimerini.com.cy/en/news/cyprus-and-egypt-forge-energy-partnership-amidst-gas-discoveries
Minister of Energy, Trade, and Industry, George Papanastasiou, recently engaged in crucial talks with Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, exploring avenues to strengthen energy cooperation between the two nations....
https://knews.kathimerini.com.cy/en/business/new-award-recognizes-leaders-advancing-gender-equality-in-maritime-sector
The Council of Ministers, responding to a proposal by Deputy Minister of Shipping Marina Hadjimanolis, established an award today to recognize industry executives whose actions fortify efforts to advance gender equality within the shipping sector. ...
https://knews.kathimerini.com.cy/en/news/cyprus-firm-on-expanding-russia-sanctions
During the discussion at the European Union's Foreign Affairs Council (FAC) held in Brussels on Monday, Cyprus took a clear stance on the issue of EU sanctions against Russia for its invasion of Ukraine, which marks two years in two days.
...
https://knews.kathimerini.com.cy/en/news/london-s-bt-tower-sold-for-£275m-to-become-a-hotel
London's iconic BT Tower, a symbol of the city's skyline since its inauguration by Prime Minister Harold Wilson in 1965, is undergoing a significant transformation. ...
https://knews.kathimerini.com.cy/en/business/cyprus-tourism-faces-headwinds-in-2024
According to an article by Maria Eracleous published in Kathimerini's Oikonomiki, the tourism sector in Cyprus is grappling with a challenging start to 2024, primarily attributed to the ongoing conflict in Israel and heightened price sensitivity impacting travel demand....
https://knews.kathimerini.com.cy/en/business/hapag-lloyd-takes-green-stride-by-recycling-mississauga-express
According to a report by Andreas Karamitis, published in Kathimerini's Sunday edition, one of the major shipping companies, Hapag-Lloyd, has announced the recycling of its merchant ship, the ''Mississauga Express,''...
https://knews.kathimerini.com.cy/en/business/ecommbx-teams-up-with-nba-sensation-sasha-vezenkov-in-a-groundbreaking-partnership
In an electrifying announcement that has the sports and business worlds abuzz, ECOMMBX is thrilled to unveil NBA star Sasha Vezenkov as its new brand ambassador. This dynamic partnership marks a significant milestone in ECOMMBX's journey, symbolizing an era of unparalleled excitement and growth....
https://knews.kathimerini.com.cy/en/news/first-irish-born-actor-murphy-won-best-actor-at-bafta
Cillian Murphy made history at the BAFTA Film Awards held in London as he clinched the coveted title of Best Actor for his outstanding performance in ''Oppenheimer.''...
https://knews.kathimerini.com.cy/en/business/safebulkers-inc-boosts-cypriot-fleet-with-modern-ships
In a strategic move to fortify the Cypriot flag, Safebulkers Inc., a prominent shipping company, has added two state-of-the-art vessels to its fleet....
https://knews.kathimerini.com.cy/en/news/cyprus-confirms-extensive-gas-find-in-cronos-2-project
The Ministry of Energy, Commerce, and Industry announced the successful completion of the assessment drilling operations for "Cronos-2" within Block 6 of the Exclusive Economic Zone (EEZ) of the Republic of Cyprus....
https://knews.kathimerini.com.cy/en/news/cyprus-faces-€40m-setback-in-smart-meter-implementation
A €40 million allocation from the Recovery and Resilience Fund, earmarked for the purchase and installation of smart meters, is in jeopardy due to tight timetables....
https://knews.kathimerini.com.cy/en/news/cyprus-harvests-success-at-fruit-logistica-2024-in-berlin
The Cyprus Ministry of Energy, Commerce, and Industry, along with the Cyprus Trade Centre in Berlin, made a significant impact at the "Fruit Logistica 2024" international fresh produce trade show in Berlin from February 7 to 9....
