https://knews.kathimerini.com.cy/en/news/frederick-university-to-offer-workshop-on-the-csrd-and-the-impact-of-esg-on-corporate-risk-and-financing
Frederick University's Department of Business Administration and the Centre for Research in Entrepreneurship, Finance, and Strategy (CERFS) are organizing a workshop on the Corporate Sustainability Reporting Directive (CSRD) and the impact of ESG (Environmental, Social, and Governance) on corporate risk and financing which will be held on Wednesday, November 27th, from 16:00 to 19:00, at Frederick University in Nicosia (Seminar Room 1 - 1st floor - 7, Y. Frederickou str., Pallouriotissa)....
https://knews.kathimerini.com.cy/en/news/larnaca-and-paphos-airports-to-handle-17-5-million-passengers-annually
The deal to hand over Larnaca and Paphos airports to Hermes Airports Ltd is nearly sealed, as the company moves toward......
https://knews.kathimerini.com.cy/en/news/greek-woman-swindled-out-of-€600-000-in-cryptocurrency-scam-on-chios
Police on the Greek island of Chios are investigating an elaborate online scam in which a woman was defrauded of 608,955 euros ($648,000) by two foreign nationals posing as investment company representatives....
https://knews.kathimerini.com.cy/en/news/keravnos-trump-administration-offers-promising-prospects-for-us-cyprus-relations
Cyprus’ Finance Minister, Makis Keravnos, kept a close eye on the outcome of the U.S. elections, which saw Donald Trump elected as the 47th president of the United States....
https://knews.kathimerini.com.cy/en/news/cyprus-faces-2024-deadline-to-align-with-eu-regulations-on-foreign-investments
Cyprus faces a deadline by the end of 2024 to align with the European regulation governing large foreign investments....
https://knews.kathimerini.com.cy/en/news/greece-watches-u-s-election-as-it-pursues-defense-autonomy
As the U.S. holds its presidential election, Greece closely monitors the outcome, knowing it will influence the country’s defense and foreign policy ties with Washington. ...
https://knews.kathimerini.com.cy/en/comment/opinion/the-unassuming-constantinos-kombos
In every Cabinet meeting, there is a ''luxury'' position held by the current Minister of Foreign Affairs. ...
https://knews.kathimerini.com.cy/en/business/cyprus-government-revisits-foreign-investment-control-amid-hospital-takeovers
The foreign investment control (FDI) bill, often referred to as the ''Lonestar'' bill, has resurfaced in Cyprus, prompting fresh discussions about foreign ownership of critical sectors, according to a report by Panayiotis Rougalas in this Sunday's Kathimerini. ...
https://knews.kathimerini.com.cy/en/news/new-york-achieves-solar-power-milestone-a-year-early
New York has reached its target of 6 gigawatts of solar power one year ahead of its 2025 goal, state officials announced recently. ...
https://knews.kathimerini.com.cy/en/news/cyprus-gains-investor-confidence-as-economic-reforms-us-ties-bolster-growth
International investors have shown sustained confidence in Cyprus’ economy and business ecosystem, recognizing the country as a stabilizing force in the region......
https://knews.kathimerini.com.cy/en/news/cyprus-strategic-value-highlighted-in-biden-and-christodoulides-meeting
In what is seen as a pivotal meeting at the White House, President Joe Biden welcomes Cypriot President Nikos Christodoulides on Wednesday to discuss strengthening bilateral ties amid escalating tensions in the Eastern Mediterranean....
https://knews.kathimerini.com.cy/en/business/cyprus-faces-financial-imbalance-as-assets-fall-short-of-liabilities
As of December 2023, Cyprus' economy is navigating a complex financial landscape, with total assets in financial instruments reaching €869 billion. However, the country also faces a notable financial shortfall, with liabilities exceeding assets by about €29 billion....
https://knews.kathimerini.com.cy/en/news/new-eu-rules-open-cyprus-s-troubled-loan-market-to-foreign-investors
In a move that could reshape Cyprus's financial landscape, Parliament recently passed a European Directive that makes it easier for foreign investors to buy non-performing loans (NPLs) in the country....
https://knews.kathimerini.com.cy/en/news/eu-pushing-for-economic-ties-with-turkey-but-where-does-that-leave-cyprus
According to Kathimerini's Pavlos Xanthoulis, Brussels and Berlin are working to upgrade the Turkish Customs Union, viewing it as a pathway to strengthen economic ties with Turkey. ...
https://knews.kathimerini.com.cy/en/business/norway-s-billion-dollar-man-says-americans-just-work-harder-than-europeans
Norway’s ''billion-dollar man'' Nicolai Tangen, who manages Norway’s $1.6 trillion sovereign wealth fund, says America’s success over Europe comes down to one simple factor: Americans work harder....
https://knews.kathimerini.com.cy/en/news/church-and-nightclub-owners-under-investigation-for-embezzlement-and-money-laundering
A significant investigation has been launched into allegations of embezzlement and money laundering involving two high-ranking officials from the Catholic Church of Greece and five nightclub owners in the Peloponnese region. ...
https://knews.kathimerini.com.cy/en/news/cypriots-linked-to-$75-million-money-laundering-probe-in-the-french-riviera
French authorities have seized about $75 million worth of real estate and luxury cars in the French Riviera as part of a money-laundering investigation involving two Russian businessmen who hold Cypriot citizenship, according to a published report on the OCCRP.org website. ...
https://knews.kathimerini.com.cy/en/news/cyprus-seeks-to-amend-recovery-plan-amid-project-struggles
The Cyprus Recovery and Resilience Plan Directorate is currently working with the European Commission to make amendments to the Recovery and Resilience Plan. ...
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-shareholders-moving-at-different-speeds
CarVal Investors recently sold 3% of its 9.09% stake in Bank of Cyprus, sparking speculation that other shareholders may follow suit and sell their shares....
https://knews.kathimerini.com.cy/en/business/cyprus-investment-funds-grow-to-€9-4-billion-in-2024
Investment companies in Cyprus collectively manage assets worth €9.4 billion, with the amount growing by about 2.9% in the second quarter of 2024 but still below last year's figures....
https://knews.kathimerini.com.cy/en/business/freedom-holding-corp-marks-5th-anniversary-of-nasdaq-ipo-with-significant-growth-milestones
Freedom Holding Corp. (FRHC) is celebrating the fifth anniversary of its IPO on the Nasdaq Capital Market, one of the world’s leading stock exchanges. ...
https://knews.kathimerini.com.cy/en/news/joseph-borghese-receives-prestigious-award-at-uk-parliament
Joseph Borghese, Chairman and CEO of Borghese Multi-Family Office, was recognized with the ''Global Excellence in Leadership Award for Enhancing Investment and Mergers & Acquisitions'' at a ceremony held at the Palace of Westminster. ...
https://knews.kathimerini.com.cy/en/news/limassol-and-larnaca-set-for-greener-urban-transport
Cyprus has officially launched its Sustainable Urban Mobility Plans (SUMP) for Limassol and Larnaca, making a significant step towards the the country’s transition towards greener, more accessible urban spaces....
https://knews.kathimerini.com.cy/en/business/digital-transformation-or-vanish
Historically our world has experienced significant eras spanning from the medieval eras, Renaissance, Scientific Revolution, Industrial Revolution, World War Era and others....
https://knews.kathimerini.com.cy/en/news/cyprus-worried-about-inflation-as-tensions-rise-between-israel-and-iran
The escalating conflict between Israel and Iran could disrupt global energy supply chains, with Cyprus likely to feel the effects....
https://knews.kathimerini.com.cy/en/news/cyprus-central-bank-raises-2024-gdp-growth-forecast-to-3-5
The Central Bank of Cyprus (CBC) has revised GDP growth rate up by 0.5 percentage points for 2024, to 3.5%, compared to its forecasts last June, stressing that there does not seem to be any significant negative impact on investments from the conflict in the Middle East.
...
https://knews.kathimerini.com.cy/en/news/cyprus-luxury-resort-tied-to-russia-s-$230m-magnitsky-scandal
Cypriot police are close to completing an investigation into allegations connecting a luxury resort to one of Russia’s biggest financial scandals, the Magnitsky case, according to police officials....
https://knews.kathimerini.com.cy/en/business/cyprus-credit-rating-upgrade-a-boon-for-investors-but-what-about-citizens
Cyprus has recently received good news from the credit rating agency Capital Intelligence (CI), which upgraded the country’s credit ratings, according to Kathimerinni's Dorita Yiannakou. ...
https://knews.kathimerini.com.cy/en/news/u-s-business-leaders-eye-investment-opportunities-in-cyprus
U.S. businessmen and executives expressed keen interest in pursuing business opportunities in Cyprus during a Wednesday working lunch with President Nikos Christodoulides in New York....
https://knews.kathimerini.com.cy/en/news/amendment-introduced-to-share-geopolitical-risks-equally-on-gsi
Late last night, Greece's Ministry of Environment and Energy introduced an important amendment that aims to share the geopolitical risks equally between Greece and Cyprus for the Great Sea Interconnector, ...
