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/freedom24-reaches-300-000-customers-milestone
We are thrilled to announce that the number of users on the innovative Freedom24 trading platform has surpassed 300,000. This significant achievement underscores our platform's technological superiority and the growing trust and confidence of our customers....
https://knews.kathimerini.com.cy/en/business/the-rise-of-applied-regulatory-compliance-from-theory-to-practice
As regulatory expectations continue to soar, it is clear that firms must shift from mere consultation to actionable compliance. ...
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-shares-surge-4-6-on-first-day-back-in-athens
Bank of Cyprus shares surged on their first day of trading at the Athens Exchange, reaching €5.00, marking a notable return to the Greek financial market after seven years....
https://knews.kathimerini.com.cy/en/news/boc-shares-open-at-4-78-on-athens-exchange-post-london-exit
The Bank of Cyprus made its debut on the Athens Stock Exchange (ASE) today, following the delisting of its shares from the London Stock Exchange (LSE).
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https://knews.kathimerini.com.cy/en/news/paphos-polis-road-contractor-proposals-await-approval
Plans to improve the road linking Paphos Airport with the city and a potential alternative route are under consideration, according to Paphos Chamber of Commerce and Industry (PCCI) President George Mais....
https://knews.kathimerini.com.cy/en/news/eurobank-and-india-collaborate-to-create-strategic-business-council
Mr. Ioannou raised concerns about whether the bank has a plan to maintain its strong profitability, which has largely come from rising interest rates......
https://knews.kathimerini.com.cy/en/news/phase-one-of-paralimni-marina-set-for-completion-by-year-s-end
The first phase of the Paralimni Marina, which will feature 300 berths, is expected to be completed by the end of the year, with the first boats arriving before the start of the next tourist season, according to Paralimni-Deryneia Mayor George Nikolettos....
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-moves-from-london-to-athens-stock-exchange-in-major-shift
In a series of significant moves, Cyprus's banking sector is undergoing notable changes this autumn....
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-to-re-list-on-athens-exchange-after-seven-years
The Bank of Cyprus will re-list on the Athens Stock Exchange (ASE) after a seven-year absence, following the approval of two resolutions by shareholders at an Extraordinary General Meeting on September 13, 2024. ...
https://knews.kathimerini.com.cy/en/business/second-quarter-first-half-2024-financial-results
AEGEAN announces its financial results for the Second Quarter and First Half of 2024.
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https://knews.kathimerini.com.cy/en/news/wired-uk-founder-david-rowan-at-the-digital-agenda-cyprus-summit
Investor, author, and World Economic Forum contributor David Rowan will be joining us at the Digital Agenda Cyprus Summit....
https://knews.kathimerini.com.cy/en/news/cyprus-faces-surge-in-online-scams
Online scams are becoming a serious issue in Cyprus, with recent data revealing a sharp increase in fraudulent activities. In the past 25 days, authorities have reported eight significant fraud cases, totaling over half a million euros in losses....
https://knews.kathimerini.com.cy/en/news/cyprus-greece-break-deadlock-crete-cyprus-power-link
Officials from Cyprus and Greece have reached an agreement in principle to resolve the impasse over the Crete-Cyprus electricity interconnection project....
https://knews.kathimerini.com.cy/en/news/marios-demtriades-truth-and-justice-always-prevail
A lawsuit related to naturalizations under the Cyprus Investment Programme was filed on Friday at the Nicosia District Court, with former Minister of Transport, Communications, and Works, Marios Demetriades, among the defendants....
https://knews.kathimerini.com.cy/en/business/hellenic-bank-s-profits-surge-amid-higher-lending-rates
Hellenic Bank, Cyprus’ second-largest lender, has had a strong start to 2024, reporting a net profit of €189 million in the first half of the year—a solid 18% increase from last year. This boost in profit is mainly due to a 30% rise in interest income, driven by higher European Central Bank (ECB) interest rates....
https://knews.kathimerini.com.cy/en/news/cyprus-banks-to-engage-with-top-investors-in-london
The investment community is turning its focus to a major conference in London, set for late September, where several Cypriot banks will be represented....
https://knews.kathimerini.com.cy/en/news/cyprus-banks-set-for-major-changes-in-september
September will bring significant shifts for Cyprus's two largest banks....
https://knews.kathimerini.com.cy/en/business/ft-global-stock-markets-tumble-amid-us-recession-fears
Global stock markets experienced significant declines on Monday as concerns about a potential US recession led investors to abandon risky assets....
https://knews.kathimerini.com.cy/en/news/cypriot-and-foreign-investors-keen-on-larnaca-s-€30m-marina-project
Transport Minister Alexis Vafeadis announced significant interest from both Cypriot and foreign investors in the development of the Larnaca marina and port....
https://knews.kathimerini.com.cy/en/news/uber-to-add-100-000-electric-cars-to-its-global-fleet
Uber has announced a deal to integrate 100,000 electric vehicles (EVs) from China's BYD into its global fleet....
https://knews.kathimerini.com.cy/en/news/larnaca-marina-gets-€30m-upgrade-port-project-postponed
The government abandoned the joint development of the Larnaca port and marina, announcing on Thursday projects estimated at over €30 million to upgrade the marina and the surrounding area, heeding the suggestions of the city’s local stakeholders....
https://knews.kathimerini.com.cy/en/business/july-newsletter-of-k-treppides-co-ltd-european-securities-and-markets-authority
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....
https://knews.kathimerini.com.cy/en/news/unlock-a-whole-new-world-with-the-new-mobile-app-of-ayia-napa-marina
https://knews.kathimerini.com.cy/en/news/financial-education-in-cyprus-schools-after-metamax-scandal
The ongoing investigation into the Metamax investment pyramid scheme is causing growing alarm across Cyprus. Complaints to police departments have surpassed 100, with over €220,000 allegedly defrauded. ...
https://knews.kathimerini.com.cy/en/business/cysec-slaps-a-€200-000-fine-on-ic-markets-eu-ltd
The Cyprus Securities and Exchange Commission (CySEC) has imposed a €200,000 fine on the Cyprus Investment Firm (CIF), IC Markets (EU) Ltd, for violating leverage rules....
https://knews.kathimerini.com.cy/en/news/polis-chrysochous-plans-industrial-zone-€141m-investment
The municipality of Polis Chrysochous is set to undergo a transformative development phase with planned projects totaling €141 million over the coming years, as announced by Mayor Yiotos Papachristofis.
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https://knews.kathimerini.com.cy/en/business/lidl-s-21st-store-in-paphos-boosts-cyprus-retail-battle
Almost 15 years after Lidl Cyprus entered the Cypriot market, the company is set to open its 21st store in Paphos, specifically in Neon Mall....
https://knews.kathimerini.com.cy/en/news/cyprus-seeds-sparks-an-innovation-revolution
Exciting things are happening in Cyprus as Cyprus Seeds wraps up its third cycle of innovation, highlighted by a lively event at the Reflect Festival in Limassol. ...