https://knews.kathimerini.com.cy/en/news/new-law-marks-the-end-of-tourism-bureaucracy
The House voted this week to scrap the Cyprus Tourism Organisation (CTO), essentially transferring tourism responsibilities from a large bureaucracy to a leaner structure to boost flexibility and competitiveness...
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-sells-uk-subsidiary
The Bank of Cyprus Financial Services is being sold to Cynergy Capital, as the BoC walks away from the UK to put more focus on performance in a rebounding Cypriot economy...
https://knews.kathimerini.com.cy/en/news/house-approves-state-guarantees-in-co-op-deal
The House passed legislation Sunday night in favour of providing state guarantees to Hellenic Bank in its acquisition of Cyprus Cooperative Bank’s healthy portfolio...
https://knews.kathimerini.com.cy/en/news/fig-tree-popular-with-instagramers
Fig Tree Bay is among the most photographed beaches in the world on Instagram, with the Cypriot sandy shoreline with crystal clear waters ranked at number 20 globally...
https://knews.kathimerini.com.cy/en/news/us-senate-votes-to-block-f-35-deal-to-turkey
US senators voted overwhelmingly to block the sale of F-35 jet fighters to Turkey on Monday, while Lockheed Martin says it expects to deliver planes before the bill could become law...
https://knews.kathimerini.com.cy/en/news/may-tourists-up-7-6-despite-russian-drop
Tourist arrivals went up by 7.6% last month, lending credence to earlier predictions that industry numbers were on a good path despite a disappointing Russian exit...
https://knews.kathimerini.com.cy/en/news/debt-collectors-to-go-after-unpaid-electricity-bills
The Cyprus Electricity Authority is resorting to private debt collectors to go after unpaid bills, following criticism that the organisation lost €65 million in late payments or defaulted accounts...
https://knews.kathimerini.com.cy/en/business/worried-investors-looking-for-lillevyali-in-cyprus
The whereabouts of Russian hedge fund manager German Lillevyali are currently unknown, but his possible location in Cyprus is shrouded in even more mystery as people are looking to get their money back...
https://knews.kathimerini.com.cy/en/news/paphos-mayor-issues-warning-to-police
Paphos Mayor Phedonas Phedonos has levelled new accusations against Cyprus police, pointing to a prison inmate abuse with hot water that was not reported as well as saying he has evidence that cops knew about secret drone operations while dismissing his allegations on the matter...
https://knews.kathimerini.com.cy/en/news/cto-sees-tourism-potential-despite-russian-defect
The Cyprus Tourism Organisation says tourist arrivals are expected to rise in 2018 despite a drop in Russian visitors to the island, while the government is moving forward with new plans for tourism on the island...
https://knews.kathimerini.com.cy/en/news/president-fires-back-at-critics-over-un-document
President Nicos Anastasiades is firing back at critics both north and south of the Green Line, who are accusing him of tripping over a UN document that many believe could serve as a basis for peace talks...
https://knews.kathimerini.com.cy/en/news/cyprus-to-undertake-coordinating-regional-role-in-addressing-climate-change
Cyprus, a country heavily affected by Climate Change, will be faced with more intense heat waves, droughts and perhaps even new diseases, Professor Costas Papanikolas, President of the Cyprus Institute (CyI) has told CNA, stressing the importance of the International Conference on Climate Change, organised recently by CyI, as well as the primary regional role of the Institute....
https://knews.kathimerini.com.cy/en/news/cyprus-gains-on-importance-in-satellite-services-sector
Cyprus is gaining on importance in the field of space technology services, as in recent years it has granted ten licenses to organizations to launch telecommunication satellites, using the space that Cyprus secures through the UN International Telecommunication Union....
https://knews.kathimerini.com.cy/en/life/mediterranean-diet-is-falling-out-of-favour-with-southern-europeans
Recent data found that in Italy, Cyprus, Spain, Malta, Greece and San Marino, one in five boys were obese...
https://knews.kathimerini.com.cy/en/news/mueller-probes-psy-group-s-money-flow-into-cyprus
US Special Counsel Robert Mueller is turning his attention to Cyprus and bank records of an Israeli-based firm that worked together with Cambridge Analytica to boost election chances for President Donald Trump...
https://knews.kathimerini.com.cy/en/business/bill-to-scrap-tourism-bureaucracy-heading-for-a-vote
The government is trying to make good on an old promise to create an undersecretary position for tourism, essentially scrapping or severely limiting the aged structure of the Cyprus Tourism Organisation...
https://knews.kathimerini.com.cy/en/news/cyprus-wants-to-be-a-film-industry-contender
The Cyprus government wants to cut red tape that keeps film producers at bay, with a new bill in parliament aimed at attracting foreign companies that could choose the island for the next blockbuster...
https://knews.kathimerini.com.cy/en/news/drugs-behind-the-cosa-nostra-of-cyprus
Justice Minister Ionas Nicolaou left the possibility wide open that well known individuals and admired businessmen could be taking part in the illegal drug trade in Cyprus, suggesting that competing criminal gangs may be cooperating with each other at a higher level...
https://knews.kathimerini.com.cy/en/life/cyprus-can-play-a-role-in-monitoring-climate-change
Cyprus has a role to play in issues concerning climate change by building up a new station to monitor the effects, General Secretary of the World Meteorological Organisation, Petteri Taalas told CNA...
https://knews.kathimerini.com.cy/en/news/turkey-says-countries-should-not-follow-us-on-israel-embassy-move
Muslim countries must together ensure that other nations don’t follow in the path of the United States and open embassies in Israel’s Jerusalem, Turkey’s foreign minister said on Friday, at the start of a summit to address the issue...
https://knews.kathimerini.com.cy/en/business/treppides-joins-london-hedgeweek-panel-on-malta
George P. Nicolaou, member of the Board of Management of Treppides Group and Head of Operations of Finanz Fund Services Ltd, a regulated Fund Administration Company under Malta Financial Services Authority, will be on the speakers panel at an event organised by Hedgeweek in London on the 23rd of May 2018...
https://knews.kathimerini.com.cy/en/business/booing-cyprus-breaks-more-tourism-records
An influx of Russian and British tourists has helped Cyprus break more records for the number of arrivals this year...
https://knews.kathimerini.com.cy/en/news/police-admit-handcuffing-larnaca-doctors-was-not-necessary
Police say handcuffing the two ER doctors in the aftermath of the school boy’s death ‘could have been avoided’ while adding that their focus remains the investigation of the serious incident...
https://knews.kathimerini.com.cy/en/business/tui-plans-to-bring-more-german-tourists-to-cyprus
TUI holiday operator hopes to bring more German tourists to Cyprus next year, starting in the summer of 2019 while boosting efforts to make the island an all-year-round destination...
https://knews.kathimerini.com.cy/en/business/cyprus-residency-and-citizenship-by-investment-scheme-remains-appealing-to-investors
With more than three decades of presence operating as a leading international advisory services firm, K. Treppides & Co Ltd offers insight into the latest residency and investment trends to impact Cyprus...
https://knews.kathimerini.com.cy/en/news/breast-cancer-screening-failure-may-have-shortened-270-lives-in-england
As many as 270 women’s lives may have been shortened after an IT failure in England’s breast cancer screening programme meant 450,000 patients were not invited for appointments...
https://knews.kathimerini.com.cy/en/news/looted-mosaic-from-cyprus-church-has-been-located-on-someone-s-wall
A rare mosaic depicting Apostle Mark from the Church of Kanakaria has been located, according to The Walk of Truth, a non-profit organization which campaigns for these last mosaic fragments from the church be included on Interpol’s list of stolen artworks...
https://knews.kathimerini.com.cy/en/news/crunch-year-in-cyprus-bid-to-become-regional-energy-player
Cyprus is ramping up efforts to become a regional energy player with 2018 seen as a critical year in deciding where it stands, Foreign Minister Nicos Christodoulides said in an exclusive interview with Kathimerini...
https://knews.kathimerini.com.cy/en/business/legislation-in-the-works-to-tax-airbnb-rentals-in-cyprus
Home owners who rent out their properties through Airbnb will have to pay taxes if a new law is passed in the Republic of Cyprus, but this may not be enough for tourism stakeholders who have been calling for more restrictions on the online service....
https://knews.kathimerini.com.cy/en/news/leaders-approve-prince-charles-to-succeed-queen-as-commonwealth-head
The biennial meeting, taking place in Britain for the first time in 20 years, could be the last attended by the 91-year-old queen...
