https://knews.kathimerini.com.cy/en/business/hotel-bookings-hits-95-in-august-says-pasyxe-president
President of Cyprus Hotels Association (PASYXE) Thanos Michaelides has told CNA that the current tourist period is on a good track, however, the season must be over in order to assess the situation....
https://knews.kathimerini.com.cy/en/news/eu-s-solar-climb-to-2030-green-triumph
The rapid expansion of solar power is propelling most EU countries toward achieving their 2030 renewable energy goals ahead of schedule, according to new data. This development is boosting optimism in global emission reduction efforts....
https://knews.kathimerini.com.cy/en/news/greek-pm-takes-firm-action-on-soccer-fan-clubs-and-stadium-security
Prime Minister Kyriakos Mitsotakis, in statements on Wednesday, announced that the associations of organized team supporters will close and only one official association will remain open for each team and operate at each football club’s headquarters. ...
https://knews.kathimerini.com.cy/en/comment/opinion/tourism-s-dynamic-future-adapting-to-change-from-within
It's something we've heard many times from tourism authorities, that 2019 should no longer be used as a point of reference for tourism....
https://knews.kathimerini.com.cy/en/news/uncontrolled-land-sales-in-occupied-territories-raise-concerns
Kudret Ozersai, Chairman of the People's Party of the "TRNC", has sounded an alarm over the potential danger posed by unregulated real estate sales via companies in the pseudo-state. Ozersai has demanded immediate transparency regarding the extent of land areas sold to foreigners....
https://knews.kathimerini.com.cy/en/news/euroasia-interconnector-loan-denied-by-european-investment-bank
The European Investment Bank will not approve a loan for financing the electricity interconnection project between Cyprus, Greece, and Israel through the EuroAsia Interconnector, as confirmed by a representative from the EIB in an interview with "K" magazine....
https://knews.kathimerini.com.cy/en/business/startups-get-boost-from-new-pre-seed-program
The Research and Innovation Foundation (RIF) has introduced the PRE-SEED program, welcoming entrepreneurs and early-stage startups with open arms. The program offers aspiring business owners the opportunity to secure equity-free funding,...
https://knews.kathimerini.com.cy/en/business/2022-marks-best-real-estate-year-in-14-years
DANOS, a prominent real estate consulting agency, hails 2022 as a remarkable year for Cyprus real estate, breaking through the economic challenges and awakening from the post-COVID stagnation. ...
https://knews.kathimerini.com.cy/en/business/cyprus-hotels-expect-august-rebound-85-90-occupancy-forecasted
The occupancy of hotels in July was between 80%-85% and better results are expected for August, when occupancy rates could reach 85%-90% the Head of the Cyprus Hotels Association (PASYXE) Thanos Michaelides told the Cyprus News Agency....
https://knews.kathimerini.com.cy/en/news/jordan-and-eu-strengthen-energy-ties-via-cyprus
The desire for cooperation with Cyprus on the issue of Jordan's electricity connectivity with the EU was expressed by the Jordanian Minister of Energy during his meetings with the Cypriot Minister of Energy in Amman.
...
https://knews.kathimerini.com.cy/en/business/eurobank-cyprus-reports-soaring-profits-amid-rising-interest-rates
Eurobank Cyprus posted soaring profitability after tax for the first half of 2023 with net profits approaching the profitability of full year 2022, due to rising interest rates and the high remuneration of its liquidity held at the ECB....
https://knews.kathimerini.com.cy/en/news/cyprus-and-jordan-forge-partnerships-in-health-investment-and-emergency-response
Cyprus and Jordan's governments signed two Memorandums of Cooperation and a Technical Arrangement on Tuesday, establishing collaborations in the health and investment sectors...
https://knews.kathimerini.com.cy/en/news/amman-to-welcome-president-in-official-visit
President of the Republic, Nikos Christodoulides pays a visit to Amman on Tuesday and will hold talks with King Abdullah II of Jordan....
https://knews.kathimerini.com.cy/en/news/government-achieves-€155-5m-surplus-in-2023
Cyprus government's surplus for the first half of 2023 increased to €155.5 million, equivalent to 0.5% of GDP, compared to a deficit of €92.4 million (-0.3% of GDP) for the period of January-June 2022, based on preliminary fiscal results from the Statistical Service of Cyprus.
...
https://knews.kathimerini.com.cy/en/business/wizz-air-hits-milestone-with-6-million-passengers-at-larnaca-airport
Low-cost - airline Wizz Air, celebrated the successful transportation of six million passengers to and from the airport of Larnaka, Cyprus....
https://knews.kathimerini.com.cy/en/news/lawsuit-threatens-€284-5m-pdo-halloumi-industry
Shortly before the completion of a year (July 22, 2022) since the agreement between the Ministry of Agriculture, producers, cheesemakers, and KEVE, and the implementation of the terms of the European Regulation in the halloumi production chain, it seems that Cyprus' protected cheese is facing new challenges....
https://knews.kathimerini.com.cy/en/news/telecom-giant-primetel-faces-administration
In a recent development, Primetel, a prominent telecommunications company, has entered administration. The company officially informed the Office of Electronic Communications and Postal Services about this significant change in its status....
https://knews.kathimerini.com.cy/en/news/erdogan-s-diplomatic-efforts-in-gulf-region
CONSTANTINOPLE - REPORT: With the aim of attracting capital worth 50 billion dollars, Recep Tayyip Erdoğan embarked on a tour of Gulf countries.
...
https://knews.kathimerini.com.cy/en/news/varosha-hotels-now-accepting-bookings-for-2025
The latest developments in Varosha have been brought to light by Yeni Bakis newspaper. ...
https://knews.kathimerini.com.cy/en/business/fitch
Fitch Ratings released a new report on Monday stating that the credit profiles of Greek and Cypriot banks have significantly improved over the past year due to de-risking and restructuring....
https://knews.kathimerini.com.cy/en/news/president-and-fm-to-join-eu-celac-meeting
Cyprus' President Nikos Christodoulides is set to participate in the Summit of the European Union and the Community of Latin American and Caribbean States (CELAC) in Brussels on July 17 and 18....
https://knews.kathimerini.com.cy/en/comment/opinion/when-society-turns-a-blind-eye-to-homeless-foreigners
A few hours before expensive Lamborghinis and Ferraris, driven by wealthy "foreigners," start their ostentatious daily progress on the coastal road of Limassol, poor "foreigners" sleep on the sand, as long as it is still night, to become news in the morning from a well-known television station that they are "obstructing the work of local boat owners."...
https://knews.kathimerini.com.cy/en/news/loan-demand-in-cyprus-falls-interest-rates-rise
The Cypriot banking institutions are holding a small basket for demand in new loans....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-gov-t-to-pay-€345-000-to-turkish-cypriot-for-illegal-use-of-property
The big news: "Compensation of €345,000 will be paid to a T/C of American origin by the Republic of Cyprus, while also returning his property in Limassol, which was being used illegally....
https://knews.kathimerini.com.cy/en/news/illegal-construction-scandal-uncovered-in-akamas
The data collected and presented by "K" regarding the illegal construction interventions within the Akama Forest, a protected area designated as a white zone based on a plan from the 1980s, prove the tip of the iceberg. ...
https://knews.kathimerini.com.cy/en/business/cyprus-shines-as-eu-s-strong-innovator-for-second-consecutive-year
Cyprus is once more placed among the EU's strong innovators for a second year in a row, according to the annual EU innovation scoreboard, marking a significantly faster performance than the EU average....
https://knews.kathimerini.com.cy/en/news/president-proposes-measures-to-address-foreclosure
During the International Investment Awards ceremony held by Invest Cyprus, President Nikos Christodoulides delivered a speech addressing the issue of foreclosures and their impact on the economy. ...
https://knews.kathimerini.com.cy/en/news/un-chief-spells-out-need-for-envoy-deal-on-cyprus
An important step forward would be an agreement with the sides on an appointment of a United Nations envoy, who could explore ways to reach common ground towards resuming negotiations for a lasting settlement in Cyprus, the UN Secretary General says, while urging the leaders to send a clear signal that 'this time things will be different'...
https://knews.kathimerini.com.cy/en/news/urgent-call-to-liberalize-electricity-market
Mr. Neophytou attended the Annual General Assembly of the Electricity Market Association (EMA) on Thursday, June 29th, and delivered a greeting. ...
https://knews.kathimerini.com.cy/en/news/direct-flights-to-kazakhstan-from-cyprus-in-2024
Deputy Minister of Tourism Kostas Koumis has expressed the belief that in 2024 Cyprus and Kazakhstan will have a direct flight connection....
