https://knews.kathimerini.com.cy/en/news/interior-minister-highlights-75-reduction-in-african-arrivals
In bilateral meetings held in Geneva, Interior Minister Konstantinos Ioannou emphasized the shift from illegal to legal migration channels, as stated in a press release by the Interior Ministry on Friday. ...
https://knews.kathimerini.com.cy/en/news/government-joins-elite-with-third-plea-for-€152-3m
Acting Permanent Secretary of DG Growth at the Finance Ministry, Andreas Zachariades, said on Thursday that as of Friday, Cyprus will be among the first ten EU member states that have submitted the third payment request from the Recovery and Resilience Mechanism of the EU....
https://knews.kathimerini.com.cy/en/news/chinese-elite-move-billions-abroad-in-economic-shift
In a remarkable shift this year, affluent Chinese have moved hundreds of billions of dollars out of the country, capitalizing on the end of COVID precautions that had tightly sealed China's borders for nearly three years....
https://knews.kathimerini.com.cy/en/news/how-cyprus-and-chevron-found-common-ground
The resolution of the dispute between the Republic of Cyprus and Chevron Cyprus Limited, the operator of the Aphrodite field, appears largely satisfactory to both parties....
https://knews.kathimerini.com.cy/en/business/deloitte-cyprus-ceo-on-65-years-challenges-and-future-strategies
Deloitte Cyprus celebrates 65 years of presence on the island, playing a major role in the financial affairs of the state....
https://knews.kathimerini.com.cy/en/business/makarios-avenue-struggles-to-fulfill-commercial-expectations
Two years after the official opening of Makarios Avenue (8 December 2021), the commercial success of the street has fallen short of expectations,...
https://knews.kathimerini.com.cy/en/news/cyprus-and-france-seal-the-deal-on-tax-cooperation
In a milestone development, Cyprus and France have solidified their commitment to combat double taxation through the signing of a renewed Convention on the Elimination of Double Taxation....
https://knews.kathimerini.com.cy/en/news/banks-fail-menendez-s-quiz-on-$4-billion-consumer-paybacks
In a fiery congressional hearing on Wednesday, Senator Bob Menendez targeted Wall Street's top executives, putting them in the hot seat with a pop quiz on their firms' financial misdeeds....
https://knews.kathimerini.com.cy/en/news/land-sales-to-foreigners-restricted-in-occupied-territories
Dursun Oguz, the interior minister, announced new restrictions on land sales to foreigners in the occupied territories during his visit to Ankara....
https://knews.kathimerini.com.cy/en/business/the-path-to-fighting-inflation-is-difficult
In an insightful dialogue about the economic landscape, Joachim Nagel, a prominent figure in the financial realm and a member of the ECB Governing Council, shares his perspectives on inflation, interest rates, and the challenges facing the European economy....
https://knews.kathimerini.com.cy/en/business/france-and-us-ink-deal-for-extended-four-year-visas
In a bid to strengthen economic ties and encourage cross-border business activities, France and the United States have recently inked a groundbreaking agreement allowing French citizens an extended four-year US visa. ...
https://knews.kathimerini.com.cy/en/news/cyprus-u-s-relations-soar-to-historic-highs-as-president-pledges-economic-cooperation
President Nikos Christodoulides emphasized the government's commitment to strengthening economic ties, trade, and investment with the United States during the AmCHAM Cyprus Thanksgiving Gala Dinner in Nicosia. ...
https://knews.kathimerini.com.cy/en/business/major-announcement-positions-cyprus-for-cutting-edge-healthcare
In a significant development, Vivant Medical Investments PLC disclosed plans for AHEPA University Hospital Cyprus on Monday, positioning it as the largest private and fully accredited university hospital in Cyprus....
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-returns-to-london-for-investment-talks
Just two months after its last visit to the heart of investment interest, the Bank of Cyprus is making waves again in London....
https://knews.kathimerini.com.cy/en/comment/opinion/mega-investments-and-unanswered-questions
In the realm of business expansions and openings, an intriguing anomaly surfaces—the apparent lack of foresight. Take, for instance, multi-million investments requiring a substantial workforce. ...
https://knews.kathimerini.com.cy/en/news/qatar-s-investment-gurus-plan-cyprus-expedition
A team from Qatar's various investment funds will visit to Cyprus to explore the country's investment prospects in the infrastructure, energy and tourism sectors, the President of the Republic Nikos Christodoulides said today, in statements after a meeting he held with the Emir of Qatar, Tamim bin Hamad Al Thani....
https://knews.kathimerini.com.cy/en/business/lagarde-s-stance-on-cryptos-revealed-amidst-family-investment-fallout
European Central Bank President Christine Lagarde disclosed that her son experienced significant losses while investing in cryptocurrency, as reported by Reuters on November 24. ...
https://knews.kathimerini.com.cy/en/business/ai-sam-altman
Upon his return to OpenAI following a five-day exile, the controversy surrounding Sam Altman's removal appeared to stem from concerns related to a potential breakthrough in OpenAI's pursuit of artificial general intelligence....
https://knews.kathimerini.com.cy/en/business/major-players-unveil-ambitious-plans-for-shopping-malls-in-limassol
After Nicosia, the competition among shopping centers is shifting to the market in Limassol. The focus of the two strong players in the capital, Nicosia Mall (owned by Zorpa Group, PHC Group, Athienitis Group, and VLM Group) and Atterbury Europe (Mall of Cyprus), is set on their next investments in Limassol....
https://knews.kathimerini.com.cy/en/news/banks-eye-over-1-billion-euro-profits-in-2023
Cypriot banks, including the Greek bank, are poised to rake in substantial profits for 2023, benefitting from the European Central Bank's interest rate hikes....
https://knews.kathimerini.com.cy/en/news/pocket-drain-or-green-gain-denmark-s-tricky-tax-call
Airports Council International Europe has issued a cautionary note to the Danish Government, discouraging the introduction of a passenger tax averaging 100 Danish krone or $14 (€13.41) on air travel....
https://knews.kathimerini.com.cy/en/news/cyprus-eyes-$1-22-billion-for-electric-cars
Cyprus is set to undergo a transformative phase with its revised Recovery and Resilience Plan, valued at $1.22 billion....
https://knews.kathimerini.com.cy/en/news/abramovich-tied-to-putin-s-wallets-in-cyprus-scandal
The fallout from the "Cyprus Confidential" probe implicating Cyprus in dealings with Russian oligarchs continues to send shockwaves. Leaked documents obtained by the BBC expose a money trail connecting oligarch Roman Abramovich to individuals referred to as President Vladimir Putin's 'wallets.'...
https://knews.kathimerini.com.cy/en/news/seven-ways-to-boost-cyprus-economy-and-competitiveness
The Cyprus economy needs seven important pillars to respond to the increasingly volatile environment, achieve greater growth, gain a more resilient and competitive economy, and develop innovation and more growth potential, according to PwC CEO Philippos Soseilos....
https://knews.kathimerini.com.cy/en/business/championing-consumer-rights-in-the-digital-era
A Consumer Dialogue event titled "New Consumer Agenda - Challenges ahead" took place at the EU House in Nicosia, addressing critical aspects of consumer protection, consumer rights and obligations in an era marked by the challenges of digitalization and the green transition....
https://knews.kathimerini.com.cy/en/news/greek-government-s-€85-4m-move-shakes-aegean-airlines
Aegean Airlines on Monday announced that the Hellenic Republic submitted notification of its intention to exercise the rights granted by all the warrants it holds concerning the company’s shares on November 3, 2023....
https://knews.kathimerini.com.cy/en/business/energy-minister-urges-chevron-to-honor-agreement-for-aphrodite-field-development
Energy Minister George Papanastasiou has issued new communications to Chevron, the operator of the Aphrodite field, from the Parliament ahead of the crucial meeting with Chevron's Chairman, Clay Neff. ...
https://knews.kathimerini.com.cy/en/news/€16-billion-in-energy-investments-for-2021-2030
Cyprus' investment footprint in the energy sector is small but not insignificant, with expected investments in the sector amounting to over €16 billion for the decade 2021-2030, experts said at the third and fourth sessions of the 11th energy symposium, organised by FMW and the Institute of Energy of South East Europe in Nicosia on Tuesday....
https://knews.kathimerini.com.cy/en/business/ministry-secures-€245-million-boost-for-business-growth-in-2027
A total of €245 million has been secured by the Ministry of Energy, Commerce and Industry for the new programming period up to 2027, which will be made available to businesses through targeted grant plans with an emphasis on absorbing and utilising as many resources as possible from European Funds, including the Recovery and Resilience Fund, Energy Minister George Papanastasiou said on Friday, speaking at the General Electoral Assembly of the Paphos Chamber of Commerce and Industry....
https://knews.kathimerini.com.cy/en/news/minister-vows-smart-lights-rule-over-timers
In a recent presentation of the Ministry of Transport's 2024 budget to the Finance Committee, Minister of Transport, Alexis Vafeadis, categorically stated that there will be no timers installed at traffic lights until at least March or April 2024. ...
