https://knews.kathimerini.com.cy/en/news/fitch-upgrades-hellenic-s-long-term-rating-to-bb-with-stable-outlook
In a recent announcement, Fitch Ratings raised Hellenic Bank's long-term rating from "BB-" to "BB+" and assigned a stable outlook to the bank. The agency also upgraded the bank's Viability Rating (VR) to "bb+" from "bb-."...
https://knews.kathimerini.com.cy/en/news/britain-s-new-ship-to-protect-underwater-cables
Concerned by threats to underwater pipes and cables that connect it with Europe and the rest of the world, Britain this month formally dedicated a new and unusual surveillance ship called the RFA Proteus....
https://knews.kathimerini.com.cy/en/news/government-vulnerable-to-rising-fuel-costs-amid-middle-east-tensions
Economist Pampos Papageorgiou recently addressed the potential economic consequences that the ongoing conflict in the Middle East may bring to Cyprus and Europe....
https://knews.kathimerini.com.cy/en/news/cyprus-public-transport-gets-a-facelift-as-massive-infrastructure-upgrade-underway
In a significant development, a new contract signed at the Ministry of Transport on Thursday outlines extensive improvements to Cyprus' public transportation infrastructure....
https://knews.kathimerini.com.cy/en/news/french-ski-resort-shuts-down-forever
Due to the effects of global warming that have led to a lack of snow, a ski resort in the French Alps, La Sambuy, has decided to cease operations permanently....
https://knews.kathimerini.com.cy/en/comment/opinion/revolutionizing-management-of-multi-owner-buildings-in-cyprus
The proposed legislative changes, tabled in the parliament yesterday, seek to modify and enhance the existing framework for the management of common buildings....
https://knews.kathimerini.com.cy/en/news/hagia-sophia-to-undergo-massive-restoration
The Turkish government has decided to start long-term maintenance and repairs of the former Orthodox Christian cathedral of Hagia Sophia in Istanbul, which was converted into a mosque, after scientists discovered significant damage both inside and outside the 6th century Byzantine monument....
https://knews.kathimerini.com.cy/en/news/fuel-prices-surge-electricity-rates-hold-steady
Fuel prices are set to rise by 2-2.5 cents per liter for diesel and slightly less for unleaded gasoline, effective today at petrol stations....
https://knews.kathimerini.com.cy/en/business/bbf-the-second-phase-of-repair-and-renovation-work-continues-at-the-berengaria-hotel-in-prodromos
The anticipated development of Cyprus’ most historic mountain resort, once called the ''Jewel of Prodromos,'' the Berengaria Hotel, is now in the second phase of emergency repair and renovation work by the well-known residential and commercial developer, bbf: which undertook the mission of the ambitious project to restore the legendary Berengaria Hotel....
https://knews.kathimerini.com.cy/en/business/new-student-dorms-to-transform-old-town-nicosia
The Mayor of Nicosia, Constantinos Yiorkadjis, and the director of the company "OIKODOMIKES EPICHEIRISEIS STAVROS A. STAVROU LTD" have signed contracts for the construction of new student dormitories in the city....
https://knews.kathimerini.com.cy/en/news/assessing-school-preparedness-are-they-ready-for-the-first-bell
Education is finalizing preparations for the upcoming school year, set to commence on September 7 for secondary and September 11 for primary education. ...
https://knews.kathimerini.com.cy/en/news/fueling-futures-scholarships-in-energy-studies-await
Following the Ministry of Energy, Commerce, and Industry's announcement regarding scholarships for studies related to Hydrocarbons (Natural Gas and Oil), Renewable Energy Sources (RES), and Energy Transition,...
https://knews.kathimerini.com.cy/en/news/un-raises-alarm-over-unauthorized-construction-in-buffer-zone
The United Nations Peacekeeping Force in Cyprus (UNFICYP) has expressed concern about plans for unauthorized construction work by the Turkish Cypriot side inside the UN buffer zone, near Pyla and has warned against it....
https://knews.kathimerini.com.cy/en/news/concerns-rise-over-emergency-grain-stocks
The Grain Advisory Committee is scheduled to convene this morning at 10 am at the Ministry of Agriculture, to engage in a discussion centered around the adequacy of grain supplies within the market. ...
https://knews.kathimerini.com.cy/en/news/high-tech-water-system-discovered-in-cyprus
A complex water drainage system was brought to light by the archaeologists at the site of Dromolaxia-Vyzakia, Larnaca district. The discovery offers important insights into the organisation of Late Bronze Age urban centres in Cyprus.
...
https://knews.kathimerini.com.cy/en/news/luxurious-residences-and-cutting-edge-offices-transform-nicosia-s-skyline
After being closed for two years, the Landmark Hotel, formerly known as the Hilton, is undergoing rapid renovation. The MHV Group, the owner, has provided an update indicating that the project is progressing swiftly according to the plan, ...
https://knews.kathimerini.com.cy/en/news/cyprus-enhances-migration-management-with-new-facilities
Cyprus took a significant step in enhancing its capacity to manage migration pressures by signing a contract for the construction of a reception center for around 1,000 people and a pre-departure center for approximately 800 people. ...
https://knews.kathimerini.com.cy/en/news/growing-up-in-refugee-camps
The painful experience of being violently uprooted, the worry about finding temporary shelter until they could return home, and the hardships faced in refugee camps – which turned into months and even years – are deeply etched in the memories and hearts of the refugees....
https://knews.kathimerini.com.cy/en/news/uber-driver-saves-over-$1-000-monthly-with-tesla
Wesley Johnson, 64, uses the income he earns as a San Francisco Uber driver to offer some financial support to his four children and seven grandchildren.
...
https://knews.kathimerini.com.cy/en/news/€2-500-allocated-for-bus-stop-development-amid-outrage
Pictures that have come to light in recent days have stirred up a wave of anger. One shows an elderly woman waiting for the bus at a shelterless stop in the July heat, leaning on a lamppost and holding her cane and shopping bags in her hands....
https://knews.kathimerini.com.cy/en/comment/opinion/coordinating-efforts-for-earthquake-protection
An earthquake is an event that we cannot prevent or predict when it will occur. What we can do as a state is fortify our structures so that they can withstand such an event. ...
https://knews.kathimerini.com.cy/en/news/the-future-building-of-legal-service-in-cyprus
The Legal Service unveiled a photo showcasing the design of its new building, through a Twitter post. ...
https://knews.kathimerini.com.cy/en/news/cyprus-praises-visit-by-us-guided-missile-destroyer
Cyprus Defence Minister, Michalis Giorgallas, has said that the call which class guided-missile destroyer USS Arleigh Burke paid on Wednesday at Limassol port, is a proof of the strong position which Cyprus has in the region...
https://knews.kathimerini.com.cy/en/business/0-vat-rate-the-second-round
Almost two weeks after the zeroing of the tax rate on seven products (bread, eggs, milk, baby diapers, baby food, feminine hygiene products, and adult diapers), the Ministry of Finance and the Ministry of Commerce are in discussions regarding the next list of products that will have a low or reduced tax rate....
https://knews.kathimerini.com.cy/en/news/turkey-says-it-‘kann-deliver-on-air-defence
A fifth generation stealth fighter jet developed and produced in Turkey was shown off on Monday, with Ankara delivering on a promise made two years ago when the first indigenous engine was put to the test amid F16 restrictions...
https://knews.kathimerini.com.cy/en/news/mykonos-bars-face-minuscule-fine-for-illegal-structures-demolition
In the latest twist in the Mykonos saga, a new Environment Ministry legislative provision stipulates that if the Principote and Nammos bars on the island demolish all of their illegal structures by early May,...
https://knews.kathimerini.com.cy/en/news/eac-to-stand-trial-in-fatal-substation-accident
The Cyprus Electricity Authority will stand trial as a corporation in the fatal accident at a utility substation in 2021, but prosecutors won’t be seeking any prison sentence as there are no individual defendants in the case...
https://knews.kathimerini.com.cy/en/business/mykonos-bar-ordered-to-remove-illegal-builds-or-face-euro-22m-euro-fine
The owners of the Principote beach club in Panormos on the island of Mykonos started work on Monday to remove some of the illegal constructions for which they have been fined 22.2 million euros....
https://knews.kathimerini.com.cy/en/news/finance-ministry-says-viral-photo-of-server-room-is-fake-news
A photo that has gone viral on social media shows a supposed flooded server room at the Ministry of Finance, which caused the shutdown of several government websites on Monday....
https://knews.kathimerini.com.cy/en/news/protecting-eu-borders-the-rise-of-border-walls-against-third-country-migrants
The increasing number of illegal migrants reaching the European Union and Schengen Area Member States has pushed states to take different approaches to tackle their activity, including erecting walls or physical barriers at the borders....