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12° Nicosia,
14 July, 2024
 

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Displaying results 1-30 of 2426 matches for query operation.

1. FT: Unilever to cut 1/3 of office jobs in Europe

https://knews.kathimerini.com.cy/en/business/ft-unilever-to-cut-1-3-of-its-office-jobs-in-europe

Unilever, one of the largest distributors of consumer goods such as Dove, and BEn & Jerry's, Lipton, Knorr, etc., has announced plans to eliminate a third of its office-based roles in Europe by the end of 2025, ...

2. $230 million humanitarian aid pier to be dismantled

https://knews.kathimerini.com.cy/en/news/$230-million-humanitarian-pier-to-be-dismantled

U.S. officials announced Thursday that the man-made pier intended to facilitate the delivery of humanitarian aid to Gaza will be dismantled due to persistent operational challenges....

3. Wailing sirens to commemorate tragic events of 1974

https://knews.kathimerini.com.cy/en/news/wailing-sirens-to-commemorate-the-tragic-events-of-1974

In a poignant tribute to a pivotal chapter in its history, Cyprus will activate the sirens of its Public Warning System on significant dates this July, marking the anniversaries of the 1974 coup d’état and the ensuing Turkish invasion....

4. Cyprus tourism faces €25 million Hit

https://knews.kathimerini.com.cy/en/business/cyprus-tourism-faces-€25-million-hit

The president of the Cyprus Hotel Association (PASYXE), Thanos Michaelides, has highlighted the urgent need to extend the tourist season and increase the number of year-round hotel operations. ...

5. Cyprus advances road safety with Intelligent Transport Systems

https://knews.kathimerini.com.cy/en/news/cyprus-advances-road-safety-with-intelligent-transport-systems

In a bid to modernize its main road network and bolster transport safety, Cyprus is rolling out state-of-the-art intelligent transport systems (ITS) across key routes. ...

6. No progress on Cyprus-Greece electricity interconnection project

https://knews.kathimerini.com.cy/en/business/no-progress-on-cyprus-greece-electricity-interconnection-project

No progress was made on the Cyprus side's position regarding the Crete-Cyprus electricity interconnection project during yesterday's teleconference, initiated by the European Commission and involving stakeholders from Greece and Cyprus....

7. Cyprus faces crucial decision as LNG terminal contract nears end

https://knews.kathimerini.com.cy/en/business/cyprus-faces-crucial-decision-as-lng-terminal-contract-nears-end

Energy Minister George Papanastasiou announced on Tuesday that the contract between the Natural Gas Infrastructure Company (ETYFA) and the CPP-METRON Consortium Ltd (CMC Ltd) for the Vasilikos liquefied natural gas (LNG) terminal construction is approaching its conclusion....

8. Cyprus charts course for 2025 budget surplus

https://knews.kathimerini.com.cy/en/news/government-charts-course-for-2025-budget-surplus

President Nikos Christodoulides announced during a Cabinet meeting on Monday that the government is on track to achieve a budget surplus for the fiscal year 2025....

9. Court detains suspect in Metamax pyramid scheme

https://knews.kathimerini.com.cy/en/business/court-detains-suspect-in-metamax-pyramid-scheme

A 54-year-old man arrested in connection with the ''pyramid'' fraud scheme known as Metamax has been ordered detained for eight days by the Limassol District Court, according to proceedings held on Saturday, July 6th. ...

10. Cyprus banks receive upgrades, signal economic resilience

https://knews.kathimerini.com.cy/en/business/cyprus-banks-receive-upgrades-signal-economic-resilience

In a series of significant upgrades for Cypriot banks, Fitch Ratings has elevated the Bank of Cyprus and Hellenic Bank's credit ratings, underscoring a positive trajectory for the country's financial sector, according to a report by Panayiotis Rougalas in this Sunday's Kathimerini....

11. State to cover €12M shortfall from licensing revenues

https://knews.kathimerini.com.cy/en/news/state-to-cover-€12m-shortfall-from-licensing-revenues

Interior Minister Konstantinos Ioannou expressed satisfaction with the progress of the Local Government Reform, despite minor issues during the initial days of its implementation....

12. Cyprus Law Commissioner teams up with Ireland to improve legal system

https://knews.kathimerini.com.cy/en/news/cyprus-law-commissioner-teams-up-with-ireland-to-improve-legal-system

Law Commissioner Louisa Christodoulou Zannetou recently engaged in a virtual meeting with Ireland’s Law Reform Commission Chairman Justice Frank Clarke and Commissioner Richard Barrett. ...

13. Green Line: Trade and crossings surge, irregular migration declines

https://knews.kathimerini.com.cy/en/news/green-line-trade-and-crossings-surge-irregular-migration-declines

Trade and personal crossings across the Green Line in Cyprus saw significant increases in 2023, while irregular migration dropped by more than 50%, according to the annual European Commission report on the implementation of the Green Line Regulation published Thursday....

14. Over 250 cases of infant malnutrition reported at Gaza hospital

https://knews.kathimerini.com.cy/en/news/over-250-cases-of-infant-malnutrition-reported-at-gaza-hospital

The survival rate for newborn babies in Gaza is alarmingly low. At The Kamal Adwan hospital in northern Gaza, newborns, often premature, struggle to survive in the malnutrition ward....

15. Cyprus risks losing €657M EU grant for Interconnector project, says Energy Minister

https://knews.kathimerini.com.cy/en/news/cyprus-risks-losing-€657m-eu-grant-for-interconnector-project-says-energy-minister

Energy Minister George Papanastasiou expressed concerns over the potential withdrawal of a €657 million subsidy by the European Commission for the electricity interconnection project between Cyprus and Greece......

16. Athens warns Nicosia to reverse delays in power grid project

https://knews.kathimerini.com.cy/en/news/athens-warns-nicosia-to-reverse-delays-in-power-grid-project

The ambitious electricity interconnection project linking Cyprus with the European power grids through Greece faces significant hurdles as tensions rise between Athens and Nicosia....

17. Younger tourists are choosing Cyprus in the winter

https://knews.kathimerini.com.cy/en/news/younger-tourists-are-choosing-cyprus-in-the-winter

In a bid to extend Cyprus's tourism season, a recent survey commissioned by Hermes Airports highlights promising opportunities for bolstering winter tourism, according to a report by Pavlos Neophytos....

18. ''Cyprus prepared for Lebanon conflict fallout,'' says Kombos

https://knews.kathimerini.com.cy/en/news/cyprus-prepared-for-lebanon-conflict-fallout-says-kombos

A possible spillover of the conflict in Lebanon would have catastrophic consequences, Foreign Affairs Minister Constantinos Kombos said on Tuesday......

19. Larnaca intensifies mosquito spraying for public health

https://knews.kathimerini.com.cy/en/news/larnaca-intensifies-mosquito-spraying-for-public-health

Larnaca Municipality has informed residents that systematic spraying operations to combat mosquitoes are ongoing throughout the city....

20. ECB concerned over Cypriot bank profit tax proposal

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....

21. President announces €10 Million boost for Cyprus tourism

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....

22. Great Sea Interconnector study outlines benefits July 11

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......

23. US pushes for equal religious access across Cyprus

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......

24. Yet another extension granted to Cyfield for Nicosia motorway

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. ...

25. Is Larnaca the new Limassol?

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....

26. Cyprus reconsiders defense strategy amidst global conflicts

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...

27. Tatar to discuss new crossing with UN in London

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......

28. KEDIPES hits €1.36B milestone in state aid repayments

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......

29. Turkish navy monitors Italian cable-laying in Cyprus' EEZ

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. ...

30.  Houses for sale by AstroBank

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....

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