https://knews.kathimerini.com.cy/en/business/negotiations-on-cyprus-eez-and-chevron-continue-amid-disagreements
Two days of negotiations regarding the development plan (FDP) for block "12" ("Aphrodite") within the Cypriot Exclusive Economic Zone (EEZ) have concluded in Nicosia. These discussions involved the Ministry of Energy and senior officials from the consortium responsible for its management, which includes Chevron, Shell, and NewMed Energy....
https://knews.kathimerini.com.cy/en/news/eac-brings-400-000-smart-meters-for-all
Demetris Nathaniel, EAC's Deputy Press Spokesman, informed K that the first 40,000 smart meters will be operational by the first half of 2024, with the remainder to be installed within 2-3 years....
https://knews.kathimerini.com.cy/en/news/unpredictable-conditions-ahead
The atmospheric drama unfolds over the Mediterranean, Cyprus finds itself under the influence of a weak low-pressure area....
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/weather-fluctuations-hit-cyprus
A prominent low-pressure system named "Elias" is currently centered in the southern Ionian Sea, and its effects are being felt across the Hellenic region. ...
https://knews.kathimerini.com.cy/en/news/nicosia-landmark-tipped-to-become-holistic-wellness-destination
MHV, in partnership with Marriott International, Inc., has announced that The Landmark Nicosia Hotel will join the Autograph Collection Hotels. The hotel is set to reopen in late 2024 under the name "The Landmark Nicosia, Autograph Collection," marking the first Cyprus hotel to be part of this prestigious collection....
https://knews.kathimerini.com.cy/en/business/no-fee-increases-for-2024-at-larnaca-marina
Kition Ocean Holdings announced on Thursday that there will be no increases in berthing fees for recreational boat owners at Larnaca Marina in 2024. ...
https://knews.kathimerini.com.cy/en/business/cbc-lowers-gdp-growth-projections-for-2023-and-2024
The Central Bank of Cyprus has revised its growth projections for 2023 and 2024. They now expect GDP growth to be 2.4% in 2023 and 2.7% in 2024, down from their previous forecasts of 2.6% and 2.8%. This is due to Western sanctions against Russia and the fragile external environment affecting professional and non-tourism services....
https://knews.kathimerini.com.cy/en/news/giorkatzis-to-run-for-president-of-nicosia-district-council
The candidate for the position of President of Nicosia District Council in the upcoming local government elections on 9 June 2024 is being seriously considered by the Mayor of Nicosia, Constantinos Yiorkatzis....
https://knews.kathimerini.com.cy/en/news/construction-of-petrol-storage-terminal-must-be-a-priority-says-energy-minister
The construction of a petroleum products storage terminal with a completion date of 2025 is considered a project of exceptional importance with regard to Cyprus' strategic energy autonomy, Minister of Energy, Commerce and Industry, George Papanastasiou, ...
https://knews.kathimerini.com.cy/en/news/cyprus-photovoltaics-for-all-cuts-electricity-costs-by-50
In a bold move to expedite the transition to green energy, the Ministry of Energy is gearing up to unveil a groundbreaking solar energy production initiative that promises to reshape the balance between conventional and green energy sources....
https://knews.kathimerini.com.cy/en/news/fontainebleau-s-$3-7-billion-vegas-resort-finally-opens
After an arduous 23-year journey, real estate magnate Jeffrey Soffer is finally realizing his dream. On December 13, the Florida-based developer will unveil his latest masterpiece in Las Vegas—a stunning $3.7 billion resort boasting seven exquisite pools, an impressive array of 36 restaurants and bars, and an exclusive rooftop club that offers breathtaking skyline vistas....
https://knews.kathimerini.com.cy/en/news/€369-million-eib-loan-for-smart-investments
The government has secured a €369 million loan from the European Investment Bank (EIB) with favorable terms to support expenditures and investments within the framework of the "Thalia" program. ...
https://knews.kathimerini.com.cy/en/business/22-startups-aim-for-10k-prize
Twenty-two startups hailing from Cyprus, Great Britain, Israel, and Greece are vying for the prestigious 10,000 euro prize at the 2023 Digital Agenda Cyprus Summit....
https://knews.kathimerini.com.cy/en/business/musk-s-neuralink-calling-for-human-test-subjects
Elon Musk’s controversial biotechnology startup Neuralink opened up recruitment for its first human clinical trial Tuesday, according to a company blog....
https://knews.kathimerini.com.cy/en/news/focus-on-growth-employment-control-and-surplus-in-the-2024-budget
The 2024 state budget to be tabled to the Council of Ministers for approval next week will have three key characteristics, Minister of Finance Makis Keravnos told CNA....
https://knews.kathimerini.com.cy/en/business/saudi-arabia-prepares-for-its-first-ever-fashion-week
Saudi Arabia is gearing up to host its inaugural Fashion Week, scheduled for October 20 to 23 in Riyadh. The event features participation from 30 local fashion designers and companies. ...
https://knews.kathimerini.com.cy/en/news/doritos-cheesy-stunt-sets-world-record
Doritos has pulled off a new record by dipping a chip in cheese and stretching it across a mountain in the UK....
https://knews.kathimerini.com.cy/en/news/cyprus-to-remove-speed-bumps-introduce-cameras-for-safer-roads
The Ministry of Transport in Cyprus is planning to remove speed bumps from roads, except for those located near schools. Minister Alexis Vafeades confirmed this intention, as reported by the website "Offsite News." ...
https://knews.kathimerini.com.cy/en/news/135-debt-reduction-sparks-hope-for-economy
According to the latest data from the Central Bank of Cyprus, the private debt-to-GDP ratio has shown a significant decrease from its peak at the end of the first quarter in 2015 to the end of March 2023. ...
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-gas-dilemma-deepens
While Netanyahu's recent visit to Cyprus generated considerable attention, it's apparent that promises of cooperation in the Eastern Mediterranean have yet to materialize. ...
https://knews.kathimerini.com.cy/en/news/hagia-sophia-to-undergo-massive-restoration
The Turkish government has decided to start long-term maintenance and repairs of the former Orthodox Christian cathedral of Hagia Sophia in Istanbul, which was converted into a mosque, after scientists discovered significant damage both inside and outside the 6th century Byzantine monument....
https://knews.kathimerini.com.cy/en/news/world-famous-artist-botero-breathes-his-last-at-91
Fernando Botero, the Colombian whose voluptuous pictures and sculptures of overstuffed generals, bishops, prostitutes, housewives and other products of his whimsical imagination made him one of the world’s best-known artists, died Friday in Monaco. He was 91....
https://knews.kathimerini.com.cy/en/news/major-government-reforms-begin-with-secretariat-s-launch
The Secretariat for the coordination and support of government work which is included in the Governance Programme of the President of the Republic, under the pillar "Restructuring the State", starts work on Friday, an Presidency press release says....
https://knews.kathimerini.com.cy/en/news/akel-blasts-government-amid-rising-bank-profits
The political party AKEL has voiced its discontent with the government's handling of economic issues, particularly in light of the recent decision to raise interest rates for the tenth time....
https://knews.kathimerini.com.cy/en/business/ecb-raises-rates-for-the-10th-time-as-it-tries-to-quell-inflation
The European Central Bank raised interest rates for the 10th meeting in a row on Thursday to counter stubborn inflation but signalled that it is likely done tightening policy....
https://knews.kathimerini.com.cy/en/news/putin-and-erdogan-s-plan-for-turning-turkey-into-an-energy-hub-stalls
A joint endeavor between Putin and Erdogan to transform Turkey into a crucial conduit for Russian gas to Europe appears to have hit a roadblock, according to sources cited by Reuters....
https://knews.kathimerini.com.cy/en/news/koilani-battle-against-wildfire-rages-on
What began as a tranquil day in Koilani and Omodos took a nightmarish turn as a significant wildfire erupted on Thursday, September 14th, around noon....
https://knews.kathimerini.com.cy/en/news/puma-vs-sheep-battle-caught-on-camera
Incredible footage showing guard dogs stopping a puma from hunting sheep in the pitch black Patagonian mountains has been captured using heat sensitive cameras and drones. It is the first time this behavior has ever been filmed....
https://knews.kathimerini.com.cy/en/news/90-winter-flight-schedule-boosts-tourism-hopes
Airlines based in Cyprus are planning to operate 90% of their flights during the upcoming winter season, as revealed by Maria Kouroupi, the Director of Communications and Marketing at Hermes Airports, in an interview with "K." ...
