https://knews.kathimerini.com.cy/en/news/cyprus-banks-see-€1-billion-in-profits-as-npl-s-decline-in-2024
Cypriot banks reported impressive financial growth in the first nine months of 2024, with total profits reaching €952.5 million after taxes, a sharp rise from €602.92 million by mid-year.
...
https://knews.kathimerini.com.cy/en/news/10-000-migrant-departures-in-2024-asylum-applications-drop-41
Cyprus has seen a significant reduction in asylum applications and migrant arrivals in 2024, according to Deputy Minister for Migration and International Protection, Nicolas Ioannides. ...
https://knews.kathimerini.com.cy/en/news/spanish-parliamentary-leader-visits-pournara-migrant-center
The President of Spain’s Congress of Deputies, Francina Armengol Socias, visited the Pournara First Reception Centre in Cyprus on Tuesday, shedding light on the shared challenges of migration faced by both countries. ...
https://knews.kathimerini.com.cy/en/news/zelenskyy-offers-ukrainian-firefighters-to-help-battle-california-wildfires
Ukrainian President Volodymyr Zelenskyy has responded to a remark from Donald Trump Jr. by offering to send Ukrainian firefighters to help battle the devastating wildfires in California....
https://knews.kathimerini.com.cy/en/business/orthodoxou-aviation-ltd-–-general-sales-representative-of-anima-wings-in-cyprus
We are pleased to announce that starting from May 2024, Orthodoxou Aviation Ltd has been appointed as the General Sales Agent (GSA) of Anima Wings in Cyprus, ...
https://knews.kathimerini.com.cy/en/news/los-angeles-wildfires-rage-on-leaving-11-dead-and-a-city-in-ashes
As fires ravage Los Angeles for a fifth straight day, the death toll has climbed to at least 11 people, and over 140,000 acres have been scorched, leaving entire neighborhoods in ashes....
https://knews.kathimerini.com.cy/en/business/greek-investor-set-to-acquire-superhome-center-in-cyprus
The sale of Superhome Center DIY LTD to a Greek investor is moving forward, with the final deal expected to be concluded in the coming weeks....
https://knews.kathimerini.com.cy/en/business/heated-reactions-over-cyprus-pay-as-you-throw-waste-management-plan
Cyprus' Parliament saw strong reactions on Wednesday following Agriculture Minister Maria Panagiotou’s announcement regarding the ''Pay As I Throw'' (PAYT) waste management system....
https://knews.kathimerini.com.cy/en/business/the-dragon-threatens-citrus-and-exports
The Ministry of Agriculture, Rural Development, and Environment is requesting the support of local authorities to prevent the destruction of the island’s citrus crops....
https://knews.kathimerini.com.cy/en/news/twin-wildfires-ravage-southern-california-devastating-celebrity-enclave
Two fast-moving wildfires erupted Tuesday in Southern California, forcing tens of thousands to flee and leaving a path of destruction across neighborhoods, including Pacific Palisades — a scenic, ocean-adjacent area known for its celebrity residents and multimillion-dollar homes....
https://knews.kathimerini.com.cy/en/news/cooperation-among-cyprus-greece-and-egypt-essential-for-stability-in-the-eastern-mediterranean
In a fluid and volatile international environment, closer cooperation among Cyprus, Greece, and Egypt has become essential to ensure peace and stability in the Eastern Mediterranean....
https://knews.kathimerini.com.cy/en/life/antidepressants-exposed-myths-controversies-and-the-truth-behind-the-pills
Even if you’ve never taken antidepressants, you’re likely familiar with the criticism and controversy surrounding them....
https://knews.kathimerini.com.cy/en/business/government-and-larnaca-reach-agreement-on-port-and-marina-development
An agreement has been reached between the government and Larnaca stakeholders regarding the future development of the city’s port and marina,...
https://knews.kathimerini.com.cy/en/business/cyprus-aims-for-cheaper-electricity-with-competitive-market-by-2025
The government is ramping up efforts to bring down electricity costs for households and businesses by July 2025 through the introduction of a competitive electricity market, Energy Minister George Papanastasiou announced on Tuesday. ...
https://knews.kathimerini.com.cy/en/news/nicosia-s-first-regional-dog-shelter-set-to-open-in-2025
After years of delays and shifting timelines, Nicosia’s first regional dog shelter is expected to secure licensing and begin operations in the first half of 2025, according to Antonia Theodosiou, Commissioner for Environment and Animal Welfare....
https://knews.kathimerini.com.cy/en/comment/opinion/the-bizonal-myth-reuniting-cyprus-by-keeping-it-apart
Nearly half a century since the term ''Bizonal Bicommunal Federation'' entered the political discourse in Cyprus, no political party or government has ever explained to the public what this term truly means....
https://knews.kathimerini.com.cy/en/business/2024-a-year-that-seriously-damaged-cyprus-s-investment-reputation
2024 will go down in history as a year that seriously damaged Cyprus’s investment reputation, with the collapse of several high-profile state projects....
https://knews.kathimerini.com.cy/en/comment/opinion/maha-kumbh-mela-2025-a-divine-confluence-of-faith-and-modernity
The Maha Kumbh Mela is not merely an event; it is a spiritual phenomenon deeply rooted in India's religious and cultural consciousness....
https://knews.kathimerini.com.cy/en/business/how-the-european-artificial-intelligence-ai-act-will-transform-auditing-and-financial-reporting-and-the-crucial-role-of-the-external-auditor
The European Union took a bold step in August 2024 by adopting the AI Act, a landmark regulation designed to ensure that Artificial Intelligence systems are safe, ethical, and transparent. ...
https://knews.kathimerini.com.cy/en/news/cyprus-deputy-minister-for-european-affairs-outlines-vision-for-2026-eu-presidency
In an exclusive interview by Kathimerini's George Kakouris, Deputy Minister of State for European Affairs Marilena Raouna described the upcoming Cyprus Presidency of the Council of the EU in 2026 as both a significant challenge and an unparalleled opportunity....
https://knews.kathimerini.com.cy/en/news/online-registrations-now-available-for-first-graders
As part of its policy and initiatives to transition to a more modern digital school system and enhance services for better management of processes in public schools, the Ministry of Education, Sports, and Youth (MESY) announces the launch of the Education and Training e-Governance Project (eDEA)....
https://knews.kathimerini.com.cy/en/news/eib-invests-€200-million-to-modernize-cyprus-roads
The European Investment Bank (EIB) is backing Cyprus with a major boost for road infrastructure. Vice President of the EIB, Kyriakos Kakouris, is in Cyprus to sign the first part of a €200 million loan agreement....
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-rolls-out-support-measures-for-vulnerable-groups
After a tense voting session last week, when the bill to tax bank profits narrowly failed to pass in Parliament, the Bank of Cyprus seems to be stepping up with measures aimed at helping vulnerable communities across the island. ...
https://knews.kathimerini.com.cy/en/news/cyprus-bank-account-linked-to-dark-web-‘king-of-coke
The International Consortium of Investigative Journalists (ICIJ), known for its groundbreaking Pandora Papers revelations, has published a report exposing the activities of Mark Chikarowski—an Australian who operated under the pseudonym...
https://knews.kathimerini.com.cy/en/news/president-inaugurates-new-wing-of-prisons
President Nicos Christodoulides inaugurated the new wing of the Closed Prison on Tuesday....
https://knews.kathimerini.com.cy/en/news/nicosia-s-old-gsp-redevelopment-faces-delays-but-progress-accelerates
The redevelopment of the old GSP in Nicosia, originally set to finish by November 2023, has faced delays but is now moving forward, according to a report by Kathimerini's Dorita Yiannakou....
https://knews.kathimerini.com.cy/en/business/tariffs-reforms-and-rate-cuts-2025-s-economic-balancing-act
As we look ahead to 2025, experts at UBS are forecasting steady global economic growth, but not without a few bumps along the way....
https://knews.kathimerini.com.cy/en/news/cyprus-plans-big-changes-for-better-waste-management
The Ministry of Agriculture, Rural Development, and Environment announced plans to upgrade Cyprus' waste management infrastructure,...
https://knews.kathimerini.com.cy/en/news/9-420-deported-from-cyprus-in-2024
As of December 13, Cyprus has deported or repatriated 9,420 people in 2024, marking a slight increase compared to the 9,276 recorded during the same period last year, according to a statement from the Police....
https://knews.kathimerini.com.cy/en/news/legal-battle-intensifies-over-intrakat-s-€7-2m-guarantee-for-paphos-motorway
The ongoing legal battle between the Republic of Cyprus and the contractor Intrakat over the Paphos-Polis Chrysochous motorway project continues to create a complicated mess with multiple court cases in play....