https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-71-million-in-profits-in-2022
Bank of Cyprus' profit for 2022 was 71 million euros, up from 30 million euros in 2021....
https://knews.kathimerini.com.cy/en/news/shipping-tycoon-wants-to-transfer-biz-to-cyprus
A Norwegian-born Cypriot billionaire wants to move his shipping company to Cyprus to reap benefits, including an EU-approved tonnage tax regime available only to tax residents of the island, which is scrambling to keep its industry afloat amid sanctions against Russia...
https://knews.kathimerini.com.cy/en/news/g7-price-cap-on-russian-oil-kicks-in
The Group of Seven price cap on Russian seaborne oil came into force on Monday as the West tries to limit Moscow's ability to finance its war in Ukraine, but Russia has said it will not abide by the measure even if it has to cut production....
https://knews.kathimerini.com.cy/en/news/double-tax-treaty-talks-to-begin-between-cyprus-and-australia
Cyprus Finance Ministry has expressed satisfaction with the positive reaction of Australian authorities to initiate bilateral negotiations for the conclusion of the Convention for the Elimination of Double Taxation with respect to Taxes on Income and the Prevention of Tax Evasion and Avoidance....
https://knews.kathimerini.com.cy/en/business/new-roro-service-between-greece-and-cyprus
A new roll-on/roll-off (Ro-Ro) service linking Greece with Cyprus was inaugurated on October 1, the Lavrio Port Authority said on Thursday....
https://knews.kathimerini.com.cy/en/business/limassol-gets-ready-for-maritime-cyprus-2022
Limassol is set to host "Maritime Cyprus 2022", between October 9 and 12, with the participation of 900 delegates from 35 countries, Deputy Minister for Shipping Vassilis Demetriades said on Thursday....
https://knews.kathimerini.com.cy/en/business/ayia-napa-marina-welcomes-the-super-cruise-ship-rhapsody-of-the-seas
Ayia Napa Marina has proudly welcomed its first SUPER CRUISE SHIP ''Rhapsody of the Seas'', following the first cruise ship to anchor at the marina on 29 May. ...
https://knews.kathimerini.com.cy/en/news/rhapsody-courtesy-stop-unpacks-cyprus-game-plan
Cypriot officials were stoked on Tuesday when the Rhapsody of the Seas made a brief stop at the Ayia Napa Marina, a moment filled with high expectations for the island that hopes to attract cruise ships in its southeastern shores...
https://knews.kathimerini.com.cy/en/news/skroutz-gr-next-stop-cyprus
Skroutz is once again expanding abroad. The largest marketplace in Greece is now shipping orders to Cyprus as well. In fact, the management’s intentions, albeit in the long term, are to expand to more countries, so that the marketplace acquires a broad international character and – if anything – turn into the “Greek Amazon.”...
https://knews.kathimerini.com.cy/en/comment/opinion/op-ed-turkey-must-behave-as-a-nato-ally
Senator Bob Menendez, chair of the United States Senate Committee on Foreign Relations, calls for more steps to deepen the multidimensional relationship between Greece and the US, from defense and security to emerging technologies, the digital economy, the maritime industry and commercial shipping....
https://knews.kathimerini.com.cy/en/news/eu-states-facilitating-employment-of-third-country-nationals-to-ease-labor-shortage
The European Union’s population is aging. The factors behind this phenomenon are many, but the declining fertility rates and the increased life expectancy, along with migration to countries like the United States, the United Kingdom, Canada, and Australia, are the main ones....
https://knews.kathimerini.com.cy/en/news/ukraine-russia-set-to-sign-deal-on-resuming-grain-exports
Russian and Ukrainian officials were poised Friday to sign deals designed to clear millions of tons of desperately needed grain for export, ending a standoff brought on by the war in Ukraine that threatened food security around the globe....
https://knews.kathimerini.com.cy/en/news/kyiv-summons-turkish-ambassador-over-release-of-‘stolen-grain-from-russian-ship
Kyiv is summoning Turkey's ambassador to Ukraine after Ankara released the Zhibek Zholy cargo ship with "stolen" Ukrainian grain Wednesday evening, Ukraine's Ministry of Foreign Affairs wrote in a statement today.
...
https://knews.kathimerini.com.cy/en/life/kea-opens-spectacular-shipwreck-dive-sites
Jacques-Yves Cousteau would probably have been surprised to learn that the wreck of the World War I Britannic (the sister ship of the legendary Titanic) he discovered in 1975 off southwestern Kea would be listed as an underwater historical site almost 50 years later, becoming one of a handful of such marine parks in the world.
...
https://knews.kathimerini.com.cy/en/business/public-world-premiere-of-the-gt4-eperformance-at-the-festival-of-speed
The all-electric Porsche GT4 ePerformance has begun its world tour at the internationally-renowned Goodwood Festival of Speed. The tour is intended to highlight the potential of the vehicle concept and the associated racing formats....
https://knews.kathimerini.com.cy/en/news/iran-seizes-two-greek-tankers-as-tensions-rise
Iranian forces seized two Greek tankers in the Gulf on Friday, shortly after Tehran warned it would take "punitive action" against Athens over the confiscation of Iranian oil by the United States from a tanker held off the Greek coast...
https://knews.kathimerini.com.cy/en/business/k-treppides-co-ltd-pillar-two-on-a-global-minimum-taxation
On 22 December 2021, the European Commission proposed a Directive on the introduction of a minimum effective corporate tax rate of 15% on large multinational enterprise (MNE) groups operating in the European Union (EU)....
https://knews.kathimerini.com.cy/en/news/global-food-prices-rise-to-highest-ever-levels-in-march
Global food prices rose to their highest ever levels in March as a result of Russia’s invasion of Ukraine, the UN has reported....
https://knews.kathimerini.com.cy/en/news/anastasiades-travels-to-montenegro-to-enhance-bilateral-ties
President Nicos Anastasiades and his wife Andrie arrived in Montenegro for an official visit following an invitation by the President of the country, Milo Đukanović. ...
https://knews.kathimerini.com.cy/en/life/8-feel-good-stories-from-the-conflict-in-ukraine-that-will-inspire-and-give-you-hope-in-humanity
From charities and governments to celebrities and everyday people, millions are pitching in to ease the burden for fleeing or sheltering Ukrainians. In turn, they’re inspiring the world with their generosity and strength....
https://knews.kathimerini.com.cy/en/news/what-i-saw-i-hope-no-one-will-ever-see-says-greek-diplomat-returning-from-mariupol
Greece's consul general in Mariupol, the last EU diplomat to evacuate the besieged Ukrainian port, said on Sunday the city was joining the ranks of places known for having been destroyed in wars of the past....
https://knews.kathimerini.com.cy/en/business/russia-is-seizing-western-built-airliners-while-sanctions-block-parts-maintenance-and-support
On Monday, Russian President Vladimir Putin signed a law that will allow Russian airlines to take control of hundreds of the Western-built planes leased from international firms, Russian news agency TASS reported, per The Wall Street Journal....
https://knews.kathimerini.com.cy/en/news/what-you-need-to-know-right-now-about-the-ukraine-russia-conflict
Russia's invasion of Ukraine entered its second week on Thursday with its main assault force halted north of the capital Kyiv and several cities enduring heavy Russian bombing....
https://knews.kathimerini.com.cy/en/news/western-businesses-flight-from-russia-continues
Russia’s business rupture with the West grew wider Monday as Shell, General Motors and others announced plans to end or freeze their dealings with the nation after its invasion of Ukraine....
https://knews.kathimerini.com.cy/en/news/anastasiades-travels-to-dubai-to-attend-expo-2020
Cyprus President, Nicos Anastasiades, travels to Dubai today accompanied by a large delegation for meetings and consultations aiming to strengthen bilateral cooperation between Cyprus and the United Arab Emirates (UAE). He will also visit Cyprus` kiosk at EXPO 2020, one of the biggest world exhibitions....
https://knews.kathimerini.com.cy/en/news/cyprus-feels-the-need-to-transform-shipping-into-a-low-carbon-industry-says-president
As a leading maritime nation, Cyprus feels responsible to accelerate the transition of shipping to a low carbon and climate-resilient industry, President Nicos Anastasiades said on Friday, addressing the One Ocean Summit taking place in Brest, under the aegis of the EU French Presidency....
https://knews.kathimerini.com.cy/en/news/cyprus-keeps-hopes-up-as-wonder-bids-farewell
Wonder of the Seas, the world’s largest cruise ship left Limassol on Thursday at 4:30pm after a short visit to pick up crew and renew the company’s commitment to Cyprus at a particularly tough time for both the industry and the island looking to rebrand itself...
https://knews.kathimerini.com.cy/en/news/jewel-sets-sail-fully-vaccinated-from-limassol
The Jewel of the Seas sets sail from Limassol on Saturday marking the beginning of Royal Caribbean’s return to the Mediterranean, a bold move mid-pandemic after Cypriot authorities jumped on board to offer a helping hand to an industry desperately looking for a welcoming port...
https://knews.kathimerini.com.cy/en/news/jewel-readies-trial-cruise-from-cyprus
The Jewel of the Seas is setting anchor in deep waters on Thursday just off Limassol, as the cruise ship prepares for an ultimate summer getaway from Cyprus for the first time ever...
https://knews.kathimerini.com.cy/en/news/cypriot-minister-thanks-heavy-metal-band
Heavy metal band Sabaton got high praise from Cypriot Transport Minister Yiannis Karousos this week over the Swedish group’s running their merchandise operations on the island, with the group saying they had some tips to speed up deliveries...
