https://knews.kathimerini.com.cy/en/news/ecb-concerned-over-cypriot-bank-profit-tax-proposal
In 2023, Cypriot banks reported unprecedented profits, marking a 15-year high, with projections suggesting even greater earnings in 2024....
https://knews.kathimerini.com.cy/en/news/fitch-elevates-hellenic-bank-s-credit-rating
Fitch Ratings has upgraded Hellenic Bank's Long-Term Issuer Default Rating (IDR) to 'BBB-' from 'BB+', with stable outlook and its Viability Rating (VR) to 'bbb-' from 'bb+'.
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https://knews.kathimerini.com.cy/en/news/president-announces-€10-million-boost-for-cyprus-tourism
President Nikos Christodoulides announced a €10 million increase in the 2025 budget for the Deputy Ministry of Tourism to enhance Cyprus's international promotion....
https://knews.kathimerini.com.cy/en/news/great-seat-interconnector-study-outlines-benefits-july-11
The Greek Regulatory Authority for Energy (RAAEU) has made a significant decision regarding the methodology for calculating the regulated revenue......
https://knews.kathimerini.com.cy/en/news/cyprus-higher-education-sees-doubling-of-student-enrollment-over-past-decade
Health Minister Michalis Damianos praised the dramatic growth of Cyprus' student population during a graduation ceremony at the University of Frederick in Nicosia on Friday....
https://knews.kathimerini.com.cy/en/news/how-russian-lng-still-powers-europe-despite-sanctions
The Yakov Gakkel LNG tanker plays a crucial role in maintaining Europe's gas supply, transporting liquefied natural gas (LNG) from Siberia to European terminals....
https://knews.kathimerini.com.cy/en/news/us-pushes-for-equal-religious-access-across-cyprus
Representatives of the U.S. Embassy met with officials from the Ministries of Interior, Foreign Affairs, and Justice of the Republic of Cyprus to discuss religious......
https://knews.kathimerini.com.cy/en/news/yet-another-extension-granted-to-cyfield-for-nicosia-motorway
The Ministry of Transport, Communications, and Works has approved yet another extension for the construction of the Nicosia peripheral motorway, pushing the completion date to mid-August 2024. ...
https://knews.kathimerini.com.cy/en/news/is-larnaca-the-new-limassol
Larnaca is dynamically emerging as a key player in investments and major developments, making significant strides in recent years and capturing a new image....
https://knews.kathimerini.com.cy/en/news/new-era-in-cyprus-local-governance-begins-with-20-new-municipalities
Cyprus is undergoing a significant local government reform aimed at enhancing service quality, financial and administrative autonomy, and transparency. ...
https://knews.kathimerini.com.cy/en/news/cyprus-reconsiders-defense-strategy-amidst-global-conflicts
The shifting geopolitical landscape in Europe, marked by the ongoing conflicts in Ukraine and the Israel-Hamas war, is prompting EU member states, including Cyprus...
https://knews.kathimerini.com.cy/en/news/tatar-to-discuss-new-crossing-with-un-in-london
The issue of opening a new crossing point in Mia Milia to enhance contact between the two communities will be raised at his 1 July meeting in London......
https://knews.kathimerini.com.cy/en/news/kedipes-hits-€1-36b-milestone-in-state-aid-repayments
KEDIPES has announced a €60 million cash repayment made on June 26, 2024, as part of its ongoing efforts to repay state aid received by the former......
https://knews.kathimerini.com.cy/en/news/turkish-navy-monitors-italian-cable-laying-in-cyprus-eez
The Turkish Navy is keeping a close eye on the work of the Italian vessel Teliri, which is to lay telecommunication cables within Cyprus’ exclusive economic zone (EEZ) that will stretch to Greece and then to Italy. ...
https://knews.kathimerini.com.cy/en/news/wizz-air-announces-new-route-from-larnaca-to-milan-malpensa
Wizz Air, Europe’s fastest-growing and most environmentally sustainable airline, proudly announces today it will launch a new route from Larnaca to Milan, Italy this autumn....
https://knews.kathimerini.com.cy/en/business/4-houses-for-sale-by-astrobank
AstroBank has listed for sale houses in Nicosia, Larnaca, and Paphos that are ideal for own-occupancy....
https://knews.kathimerini.com.cy/en/news/kiosk-owner-faces-charges-for-selling-fireworks-to-minors
Criminal charges are pending against a kiosk owner in Cyprus following allegations that fireworks sold to minors ignited a fire in Trimiklini, authorities said....
https://knews.kathimerini.com.cy/en/business/paphos-polis-road-project-faces-uncertain-future
The long-awaited road project connecting Paphos to Polis Chrysochous, which began in May 2021, faces significant delays and potential abandonment. ...
https://knews.kathimerini.com.cy/en/news/cyprus-president-and-un-envoy-respond-to-turkish-minister-in-brussels
The President of the Republic Nikos Christodoulides confirmed that he is set to meet in Brussels with the UN Secretary General's Personal Envoy, Maria Angela Holguin Cuellar, and responded to statements made by the Turkish Foreign Minister, stressing that Cyprus is a centre of humanitarian aid and civilian evacuation operations.
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https://knews.kathimerini.com.cy/en/business/cyprus-ship-registry-grows-amid-global-tensions
Cyprus’ ship registry experienced an increase in ocean-going vessels in the first half of the year, reversing a two-year decline due to geopolitical tensions impacting global shipping, Deputy Minister for Shipping Marina Hadjimanolis announced....
https://knews.kathimerini.com.cy/en/business/dsv-and-unicef-announce-partnership-to-increase-access-to-essential-supplies-for-children-worldwide
The new strategic partnership will provide rapid emergency responses while strengthening national supply chains....
https://knews.kathimerini.com.cy/en/news/eib-to-open-local-office-in-cyprus
The Ministry of Finance announced the opening of a local office of the European Investment Bank (EIB) in Cyprus, highlighting the significant benefits it will bring to the country....
https://knews.kathimerini.com.cy/en/news/turkey-warns-greece-and-cyprus-to-avoid-middle-east-conflicts
Turkish Foreign Minister Hakan Fidan issued a stern warning to Greece and Cyprus, advising them to stay away from Middle Eastern conflicts. Speaking on the Turkish channel Haburturk, Fidan declared, "Stay away from the Middle East, or the fire will come and find you."...
https://knews.kathimerini.com.cy/en/business/heatwave-halts-deliveries-stores-see-orders-plunge-by-up-to-80
A noticeable decrease in store order volume was caused by high temperatures and work stoppages following warnings from the Department of Labor Inspection....
https://knews.kathimerini.com.cy/en/news/apple-introduces-ai-but-only-for-iphone-15-pro-users
After nearly two years of anticipation, Apple has finally entered the artificial intelligence (AI) race....
https://knews.kathimerini.com.cy/en/news/trump-donations-surge-after-conviction-beating-biden-by-$60m
Donald Trump’s campaign outraised President Joe Biden by more than $60 million last month, according to federal filings that detailed the Republican fundraising explosion sparked by Trump’s felony convictions....
https://knews.kathimerini.com.cy/en/news/two-shipwrecks-off-italy-leave-11-dead-and-64-missing
According to the International Organization for Migration (IOM), more than 3,150 migrants died or went missing in the Mediterranean last year, making it the deadliest migration route in the world....
https://knews.kathimerini.com.cy/en/news/humanitarian-aid-to-gaza-resumes-after-pier-reattached
The transfer of humanitarian aid from Cyprus to Gaza has resumed after US Central Command personnel successfully reattached the command's temporary pier to the Gazan coastline Wednesday, the Pentagon announced on Thursday....
https://knews.kathimerini.com.cy/en/news/ibiza-airport-closed-after-bomb-threat
Ibiza Airport was forced to shutdown this afternoon following a bomb threat reported on a Ryanair flight destined for Milan-Bergamo. Authorities have not yet confirmed details of the threat, which prompted the suspension of normal operations for nearly an hour....
https://knews.kathimerini.com.cy/en/news/hezbollah-leader-threatens-cyprus-over-israeli-military-activity
The head of Lebanon’s Hezbollah said on Wednesday that nowhere in Israel would be safe if a full-fledged war breaks out between the two foes, and he also threatened Cyprus and other parts of the Mediterranean....
