https://knews.kathimerini.com.cy/en/news/exciting-ai-innovations-await-at-digital-agenda-summit-2023
Get ready for a thrilling day of technological exploration and innovation at the upcoming Digital Agenda Summit 2023. This annual event promises to be even more captivating this year, with a lineup of remarkable speakers, discussions, and an exciting new feature...
https://knews.kathimerini.com.cy/en/news/israeli-hamas-war-puts-cyprus-and-egypt-at-forefront-of-credit-risks
Cyprus and Egypt are currently facing the most direct credit risks among countries rated by Scope Ratings due to the Israeli-Hamas conflict, warns the German firm....
https://knews.kathimerini.com.cy/en/business/types-of-coffee-loved-by-cypriots
As coffee still reigns supreme as the most popular beverage in Cyprus, our coffee culture has evolved, with Cypriots embracing varieties from distant regions of the world, such as Brazil, Nicaragua and Costa Rica. ...
https://knews.kathimerini.com.cy/en/news/imf-forecasts-economic-challenges-for-cyprus-in-2023-and-beyond
The International Monetary Fund (IMF), in its ''World Economic Outlook'' for October, published on Tuesday, forecasts that Cyprus's growth rate for 2023 will slow down to 2.2% of GDP, down from the 2.5% it had projected in its April outlook....
https://knews.kathimerini.com.cy/en/business/middle-east-turmoil-shifts-energy-and-diplomatic-priorities
The tumultuous situation in the Middle East, prompted by Hamas's aggressive attack on Israel and Tel Aviv's military response, is reshaping the priorities of the Netanyahu government and the balance in the South-Eastern Mediterranean....
https://knews.kathimerini.com.cy/en/business/ecb-keeps-watchful-eye-on-non-performing-loans
The European Central Bank (ECB) is closely monitoring non-performing loans (NPLs) and related legislation, including the divestment framework. ...
https://knews.kathimerini.com.cy/en/news/the-israel-war-s-impact-on-economy-and-energy-prices
Economists have been examining the inevitable economic consequences of the war in Israel, particularly its influence on fuel and electricity costs....
https://knews.kathimerini.com.cy/en/news/electricity-link-connects-israel-cyprus-crete-and-greece
In a significant development for the energy sector, George Papanastasiou, the Minister of Energy, Trade, and Industry, expressed his warm welcome for the forthcoming implementation of the electricity interconnection project connecting Israel, Cyprus, Crete, and mainland Greece....
https://knews.kathimerini.com.cy/en/comment/opinion/sales-surge-by-14-2-despite-2022-comparison
In September, traditionally considered the start of the year for many, several significant trends are emerging....
https://knews.kathimerini.com.cy/en/business/1-october-newsletter-of-k-treppides-co-ltd-esma
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/business/4-day-3d-printed-homes-with-eco-friendly-materials
A recyclable 3D-printed home made from natural materials has been revealed to the public, and this may only be the beginning....
https://knews.kathimerini.com.cy/en/news/world-s-dogs-considering-vegan-diet-for-a-greener-planet
If all the world’s dogs went vegan it would save more greenhouse gas emissions than those produced by the UK, according to research advocating the environmental benefits of plant-based pets....
https://knews.kathimerini.com.cy/en/news/former-president-s-startling-revelation-about-food
In April 2022, former Russian President Dmitry Medvedev, now deputy head of Russia’s Security Council, said on his Telegram channel: “Our food is our silent weapon. Silent — but formidable."...
https://knews.kathimerini.com.cy/en/news/cavaway-a-member-of-the-alexandrion-group-at-the-cyprus-cocktail-festival-2023
The 4th Cyprus Cocktail Festival, a part of the Digital Agenda Cyprus Summit, is delighted to announce Cavaway's presence, a member of the Alexandrion Group, as one of the key suppliers at the festival. The event will be held on October 17, 2023, at the Nicosia Municipal Garden, starting at 19:00, showcasing the premium brands Kreskova Vodka and Black Tears Dry Spiced Rum....
https://knews.kathimerini.com.cy/en/news/tourists-spend-over-€1-5-billion-setting-new-high
The most recent data from the Statistical Service regarding tourism revenues are confirming expectations, as expressed by Deputy Minister of Tourism Kostas Koumis in a recent interview with "K". It appears that this year could potentially set a new record for tourism revenues....
https://knews.kathimerini.com.cy/en/news/cyprus-banks-secure-moody-s-upgrade-to-investment-status
After 12 years, Moody's has upgraded the ratings of Cyprus' two major banks, Bank of Cyprus and Hellenic Bank, placing them in the investment category....
https://knews.kathimerini.com.cy/en/news/hellenic-train-s-revenue-plummets-after-floods
Italian-owned railway operator Hellenic Train will reportedly seek to renegotiate its contract with the Greek state, sources have indicated, as the company faces massive revenue losses stemming from September’s floods in central Greece....
https://knews.kathimerini.com.cy/en/business/deloitte-continues-to-foster-trust-through-transparency
Deloitte Cyprus issued its 12th Audit Transparency Report for the year ending 31 May 2023. The report provides an in-depth analysis on how the firm embraces its responsibilities to its clients, people, society, and the market, with the highest quality standards. ...
https://knews.kathimerini.com.cy/en/news/26-9-increase-in-tourism-revenue-compared-to-last-year
The year 2023 is poised to go down in history with remarkable revenue figures, as highlighted in a recent interview with the Deputy Minister and substantiated by the latest tourism revenue data from the Statistical Office....
https://knews.kathimerini.com.cy/en/comment/opinion/real-estate-boom-in-greece-and-cyprus
The real estate landscapes of Greece and Cyprus are undergoing significant transformations, with both nations showcasing promising growth and recovery. However, beneath the surface of these top-line numbers, there are underlying challenges and disparities that need to be addressed....
https://knews.kathimerini.com.cy/en/news/25-new-asylum-examiners-to-speed-processing-and-deter-migrant-arrivals
The Asylum Service of Cyprus has taken a significant step to enhance the efficiency of processing asylum applications by appointing 25 additional asylum examiners, according to Minister of Interior Constantinos Ioannou....
https://knews.kathimerini.com.cy/en/business/ey-cyprus-recognized-by-international-tax-review-as-national-transfer-pricing-firm-of-the-year-for-the-5th-consecutive-time
For the fifth consecutive year, EY Cyprus was named Transfer Pricing Firm of the Year by the International Tax Review (ITR) in recognition of the high-quality tax services offered. ...
https://knews.kathimerini.com.cy/en/news/electricity-bills-to-surge-by-4-56-due-to-soaring-fuel-costs
Households are set to face another financial hit as electricity bills are expected to increase by 4.56%, coinciding with a continued upward trend in energy costs....
https://knews.kathimerini.com.cy/en/news/cbc-governor-herodotou-reveals-breakthrough-in-digital-finance
The Central Bank of Cyprus has completed the tender for a new digital platform for customer compliance, said CBC Governor Constantinos Herodotou, speaking at an event organized by the Association of Cyprus Electronic Money and Payment Institutions, on Thursday afternoon....
https://knews.kathimerini.com.cy/en/news/foreign-buyers-flock-to-cyprus-real-estate
Recent data on property sales in Cyprus reveal distinct trends in different provinces. Notably, the real estate landscape in Nicosia contrasts sharply with that of coastal provinces....
https://knews.kathimerini.com.cy/en/business/cyprus-welcomes-most-tourists-among-eu-countries-with-91-of-visitors-from-abroad
In 2022, the EU received 45.8% of all international tourism arrivals in the world, despite representing 3.0% of the world's land area and 5.6% of the world's population, according to the UN World Tourism Organisation (UNWTO) shared by Eurostat on the occasion of World Tourism Day (27 September)....
https://knews.kathimerini.com.cy/en/business/apartments-rule-but-prices-vary-by-province
According to Mr. Loizou of Ask Wire, the majority of Cyprus' population resides in apartments. Therefore, it comes as no surprise that among young buyers, typically around 30 years old, the most sought-after housing option is an apartment, particularly a two-bedroom one, whether for purchase or rent. However, the question arises: How do housing prices vary across different provinces?...
https://knews.kathimerini.com.cy/en/news/war-in-ukraine-nears-potential-dirty-deal-conclusion
Thomas Friedman, American political commentator, author and weekly columnist for The New York Times, tells Kathimerini that the ongoing war in Ukraine will probably be resolved with “a dirty deal” that will include the loss of a part of eastern Ukraine in exchange for Kyiv’s accession to NATO and the European Union....
https://knews.kathimerini.com.cy/en/business/just-a-breath-away-from-a-new-tourism-record
Hermes Airports statistics reveal that August achieved an unprecedented milestone in air traffic, with a total of 1.516 million passengers. When examining this figure in terms of arrivals and tourist arrivals, it amounts to 511,387 arrivals. ...
https://knews.kathimerini.com.cy/en/news/were-test-monkey-deaths-concealed-in-neuralink-trials
Following last week's announcement by Elon Musk regarding the recruitment of human test subjects for Neuralink trials, questions arose regarding the accuracy of his earlier statement claiming that monkeys involved in the experiments had not experienced fatalities due to the implants....
