https://knews.kathimerini.com.cy/en/news/cyprus-and-chevron-forge-agreement-on-aphrodite-gas-field-upgrade
The Cyprus Government and Chevron Corporation are moving forward with the update of the existing development and production plan for "Aphrodite" gas field in Cyprus’ Exclusive Economic Zone (EEZ)....
https://knews.kathimerini.com.cy/en/news/hailstorm-hits-nicosia—caught-on-camera
Since Wednesday afternoon, Nicosia district has witnessed an unexpected turn in the weather, with heavy hail creating quite a spectacle....
https://knews.kathimerini.com.cy/en/news/raindrops-thunderclaps-and-a-temperature-tap-dance
Today, anticipate a day of weather surprises! Clouds will play peekaboo, bringing occasional rain and isolated thunderstorms, especially in the western and northern regions. ...
https://knews.kathimerini.com.cy/en/news/chevron-delays-engineering-design-for-aphrodite-gas-field
Chevron Corp, the operator of the ''Aphrodite'' gas field in Cyprus’ block 12 has requested an extension for the commencement of the Front-End Engineering Design in a bid to “formulate together with the Cypriot government an optimal development plan” for the gas reserve, estimated to hold 4.2 trillion cubic feet....
https://knews.kathimerini.com.cy/en/business/the-path-to-fighting-inflation-is-difficult
In an insightful dialogue about the economic landscape, Joachim Nagel, a prominent figure in the financial realm and a member of the ECB Governing Council, shares his perspectives on inflation, interest rates, and the challenges facing the European economy....
https://knews.kathimerini.com.cy/en/business/digital-more-luxurious-more-efficient-the-new-panamera
Porsche revamps the Panamera: the third generation of the sporting luxury sedan is characterised by a wider range of digital features, a fresh and expressive design and a broader spectrum between dynamic performance and driving comfort. ...
https://knews.kathimerini.com.cy/en/news/israel-s-gospel-ai-raises-alarms-in-gaza-strikes
In the ongoing conflict with Hamas, Israel's military has taken a tech-forward approach, deploying an AI-based target-creation platform known as ''the Gospel.''...
https://knews.kathimerini.com.cy/en/news/cyprus-and-chevron-strike-deal-for-aphrodite-gas-field-development
The Cyprus government and Chevron, the U.S. energy company, have successfully concluded negotiations on the development of the Aphrodite gas field, marking a significant breakthrough, according to a report in the Associated Press. ...
https://knews.kathimerini.com.cy/en/news/1-zero-vat-on-meat-and-vegetable-from-today
As of December 1, the zero VAT rate on meat and vegetables, categorized under specific customs tariff codes, has come into effect in Cyprus....
https://knews.kathimerini.com.cy/en/news/more-seniors-turning-to-marijuana-to-ease-ailments
As marijuana gains acceptance and legalization across the United States, a growing number of seniors, including Vietnam veteran Bill Martin, are turning to cannabis to address health issues....
https://knews.kathimerini.com.cy/en/news/renewable-energy-hits-17-2-eyes-soaring-heights-in-2023
The share of energy consumption from renewable energy resources (RES) in 2022 has reached 17.2% in Cyprus and is expected to increase further in 2023 and in the following years, according to the annual report of the Cyprus Energy Regulatory Authority (CERA) for 2022 presented on Wednesday to the President of the Republic Nikos Christodoulides....
https://knews.kathimerini.com.cy/en/news/ministry-fails-to-convene-meeting-on-halloumi-issue-since-october
Since the end of October, there has been a lack of action from the Ministry of Agriculture regarding the halloumi issue, despite assurances given during a parliamentary meeting.
...
https://knews.kathimerini.com.cy/en/news/why-the-constant-delay-in-the-cyprus-chevron-gas-deal
Negotiations between the Republic of Cyprus and Chevron, representing the Aphrodite consortium in block ''12'' in the Cypriot EEZ, are currently stuck, primarily due to differences in the time frame. ...
https://knews.kathimerini.com.cy/en/business/how-artificial-intelligence-is-changing-cyprus
The 8th Innovation and Entrepreneurship Forum, focusing on ''AI & Business: creating value, minimizing risks,'' held at the University of Cyprus on Tuesday (28/11), delved into the impact of artificial intelligence (AI) on business. ...
https://knews.kathimerini.com.cy/en/news/cyprus-allocates-65m-euros-for-diverse-tourism-initiatives-in-2024
The National Tourism Strategy's update has recently concluded, announced by Deputy Minister Kostas Koumis, known as "K." This undertaking commenced shortly after his assumption of office in March 2023, with an initial target to finalize it by the year's end.
...
https://knews.kathimerini.com.cy/en/news/senior-cia-officer-takes-public-stance-on-israel-palestine-crisis
In an unusual move, a high-ranking CIA official has stirred controversy by posting a pro-Palestine image on Facebook amid the ongoing conflict between Israel and Hamas....
https://knews.kathimerini.com.cy/en/news/cloudy-spells-temperature-peaks-and-clear-skies-looming
In the midst of the week, the weather takes center stage with a dynamic mix of conditions. Locally increased clouds will make intermittent appearances on Wednesday, accompanied by a temperature surge to 21 degrees across the interior and the coast, and a slightly cooler 12 degrees in the highest mountains....
https://knews.kathimerini.com.cy/en/news/ministry-s-robust-€65-2m-budget-signals-ambitious-2024-plans
At 65.2 million euros, the proposed budget of the Ministry of Tourism for 2024 surpasses previous years, accounting for initial budgets and excluding additional expenditures....
https://knews.kathimerini.com.cy/en/business/chevron-granted-extension-for-crucial-aphrodite-field-proposal-submission
Chevron has successfully obtained an extension until Friday, December 1, to submit a crucial letter detailing its plans for the development of the ''Aphrodite'' field,...
https://knews.kathimerini.com.cy/en/business/city-of-dreams-mediterranean-faces-bumpy-start-with-181-job-losses
In a stark indicator of the challenges facing the Limassol casino-resort, the recent dismissal of 181 employees reveals significant issues four months after its grand opening. ...
https://knews.kathimerini.com.cy/en/news/bill-gates-predicts-a-3-5-day-work-week-with-ai
In a recent podcast, Bill Gates countered job loss concerns due to artificial intelligence, suggesting it might lead to a more relaxed work schedule....
https://knews.kathimerini.com.cy/en/news/declines-in-kerosene-and-heating-gasoil-offset-by-surges-in-aviation-fuel-sales
Sales of Cyprus’ petroleum products recorded a 1.3% decline in October 2023, totaling 130,677 tonnes, marking a downturn compared to the same month in 2022....
https://knews.kathimerini.com.cy/en/news/portugal-breaks-records-with-149-hours-of-uninterrupted-renewable-energy
In a remarkable feat, Portugal achieved a new milestone by generating more renewable energy than its electricity demands for an unprecedented 149 consecutive hours....
https://knews.kathimerini.com.cy/en/news/christmas-villages-across-cyprus-sparkle-in-seasonal-grandeur
In a joyous celebration on the evening of November 25, 2023, the Christmas Villages for 2023-2024 were officially launched in Kyperounda....
https://knews.kathimerini.com.cy/en/news/which-meats-will-cost-you-less-with-zero-vat
In a recent interview, Kostas Livadiotis, president of the butcher association, shed light on the upcoming changes in VAT for various meat products....
https://knews.kathimerini.com.cy/en/business/lackluster-sales-show-consumer-hesitation-and-vigilance
From 9 in the morning, several stores opened their doors for Black Friday, primarily in the field of electrical and electronic devices, but the traffic is at low levels and certainly not comparable to previous years....
https://knews.kathimerini.com.cy/en/business/ey-cyprus-shines-a-spotlight-on-workplace-wellbeing-in-successful-webcast-event
EY Cyprus is pleased to announce the successful completion of its highly anticipated webcast event, where the results of the Cyprus Workplace Wellbeing Survey were presented. The event, held on November 20th, brought together industry leaders, professionals, and stakeholders to discuss and dissect the findings of this significant survey. ...
https://knews.kathimerini.com.cy/en/business/navigating-black-friday-discounts-vs-reality
Discounts of a few euros, or even cents, are being advertised by electronics and appliance companies in anticipation of Black Friday. However, market activity does not seem to meet the expected levels for the Black Friday period, and it is certainly considerably lower compared to the peak observed in 2018 and 2019....
https://knews.kathimerini.com.cy/en/news/from-clear-skies-to-thunderous-showers
Starting off with Thursday, the day promises mostly clear skies. However, keep an eye out for afternoon clouds gathering over the mountains....
https://knews.kathimerini.com.cy/en/news/can-aphrodite-field-consortium-seal-the-deal
In a recent update on the Aphrodite field development, the Ministry of Energy has granted a seven-day extension until November 27 for the consortium to finalize an agreement with the government on the field's development plan....
