https://knews.kathimerini.com.cy/en/business/successful-business-leaders-club-inside-natalia-kardash-s-innovative-business-hub
In the fast-paced world of business, making connections is often the key to progress and fresh ideas. Natalia Kardash, a dynamic entrepreneur, saw this need and set out to create a special place for professionals to come together – thus, the Successful Business Leaders' Club was born....
https://knews.kathimerini.com.cy/en/news/vasilikos-scandal-unveiled-€250-000-spent-recommendations-ignored
The decision made by the Nicos Anastasiades government in 2016 to shift away from failed attempts to introduce F.P. by constructing a terminal at Vasilikos initially offered hope for resolving an 11-year dilemma....
https://knews.kathimerini.com.cy/en/news/transport-ministry-enhances-traffic-surveillance-with-170-new-cameras
In a bid to revolutionize its traffic monitoring capabilities, the Ministry of Transport in Cyprus is embarking on a strategic initiative....
https://knews.kathimerini.com.cy/en/comment/opinion/why-marriage-shouldn-t-be-the-answer-to-€2b-loans
In 2023, Cyprus secured a substantial loan totaling €2.02 billion from the Bank of Cyprus, earmarking €510 million specifically for housing initiatives. ...
https://knews.kathimerini.com.cy/en/business/apple-u-turns-on-evs-shifts-gears-to-focus-on-ai
Apple has reportedly halted its decade-long secretive project to develop electric vehicles (EVs), redirecting efforts towards its artificial intelligence (AI) division....
https://knews.kathimerini.com.cy/en/news/eib-turns-down-funding-for-great-sea-interconnector-project
The European Investment Bank (EIB) has declined to finance the Great Sea Interconnector project, linking Cyprus, Greece, and Israel. Kyriakos Kakouris, EIB Vice President, confirmed the decision, stating that no new funding request has been submitted by the Republic of Cyprus....
https://knews.kathimerini.com.cy/en/comment/opinion/what-role-do-banks-ultimately-play
Are banks merely financial entities providing a range of services to the public and businesses, solely driven by profit for shareholders? Banks serve as the heart of our economic and social systems, ...
https://knews.kathimerini.com.cy/en/news/communities-lay-foundation-for-future-governance
Beyond the spotlight on municipalities due to identified weaknesses in the preparation and implementation stages, a transformative wave is on the horizon for communities set to operate under a new regime starting July 1st....
https://knews.kathimerini.com.cy/en/news/cyprus-energy-project-stalemate-continues-amid-diplomatic-efforts
The month-long stalemate in the Republic of Cyprus' largest energy project remains unchanged, with Nicosia striving to avoid terminating the contract with the project consortium. Despite inactive communication channels, the government seeks to rekindle relations through the Chinese embassy in Nicosia....
https://knews.kathimerini.com.cy/en/news/eac-awards-€40m-smart-meter-contract-to-cyta-despite-higher-bid
The Board of Directors of the Electricity Authority of Cyprus (EAC) has granted the contract for 400,000 smart electricity meters to Cyta, following pressure from the Energy Regulatory Authority and in compliance with EU Recovery Mechanism obligations....
https://knews.kathimerini.com.cy/en/news/britain-under-fire-as-russia-steps-up-for-cyprus-peace-talks
Russian Foreign Ministry Spokeswoman Maria Zakharova referred on Wednesday to the 65th anniversary of the Zurich-London Agreements......
https://knews.kathimerini.com.cy/en/business/hotel-berengaria-€40m-revival-sparks-environmental-debate
Positively, the Environmental Authority has conditionally approved the revival and operation of Hotel Berengaria and the construction of houses in Prodromos....
https://knews.kathimerini.com.cy/en/news/nineteen-new-private-hospitals-to-transform-health-sector-in-cyprus
Investors have shown interest in the health sector in Cyprus. According to the records, from 2021 until now, there are 12 new private hospitals......
https://knews.kathimerini.com.cy/en/business/pillar-two-readiness-and-technology
As per our previous publications and alerts, we had the opportunity to communicate a significant development - the introduction of BEPS 2.0 Pillar Two or Global Minimum Tax. The European Union unanimously adopted a directive in December 2022 (the ''Minimum Tax Directive''). ...
https://knews.kathimerini.com.cy/en/news/cyprus-banks-push-for-green-standards-with-esg-certification
Artemis Credit Bureau, a subsidiary of the Association of Cyprus Banks, announced it will launch an interbank project for the corporate certification on ESG (Environmental – Social – Governance) criteria.
...
https://knews.kathimerini.com.cy/en/news/crisis-looms-over-vital-energy-project-in-cyprus
In a dramatic turn of events, the consortium behind Cyprus's largest energy project, the Vasilikos F.A. terminal, is sending ominous signals of a possible rupture with the Republic of Cyprus....
https://knews.kathimerini.com.cy/en/news/arizona-cy-exhibition-to-unveil-cyprus-america-connections
Art Seen Gallery in Nicosia is thrilled to present "Arizona, CY," a captivating solo exhibition by Nicos Philippou and Marilena Zackheos. The exhibition, curated by Maria Stathi, will run from March 1st to April 4th, 2024....
https://knews.kathimerini.com.cy/en/news/imperio-leads-cyprus-real-estate-into-green-future-with-first-ever-esg-report
Imperio remains steadfast in its commitment to promote the green transition of Cyprus’ real estate sector – a development that will greatly benefit the sector’s businesses, society, economy, as well as the environment itself, in multiple ways....
https://knews.kathimerini.com.cy/en/business/hellenic-bank-posts-impressive-2023-profit-of-€365-4-million
Hellenic Bank reported a substantial profit of €365.4 million for the year 2023, marking a significant upswing from €21.8 million in 2022. The Return on Tangible Equity (ROTE) for 2023 soared to 28.7%, a stark contrast to the 2.0% recorded in 2022....
https://knews.kathimerini.com.cy/en/news/cyprus-drives-into-the-future-with-adas-ad-for-safer-roads
In Cyprus, a groundbreaking project is quietly reshaping road safety dynamics, blending seamlessly into daily life across the island....
https://knews.kathimerini.com.cy/en/news/government-official-salaries-surge-up-17-in-5-years
Over the past half-decade, the salaries of government officials have surged by a notable 17%, shedding light on the expanding state payroll. ...
https://knews.kathimerini.com.cy/en/business/cyprus-cabinet-unveils-business-carbon-grants
The Cabinet approved on Wednesday a new grants scheme to encourage greenhouse gas emission reductions in businesses....
https://knews.kathimerini.com.cy/en/news/cyprus-firm-on-expanding-russia-sanctions
During the discussion at the European Union's Foreign Affairs Council (FAC) held in Brussels on Monday, Cyprus took a clear stance on the issue of EU sanctions against Russia for its invasion of Ukraine, which marks two years in two days.
...
https://knews.kathimerini.com.cy/en/news/international-study-finds-potential-adverse-effects-from-covid-vaccines
A recent study examining nearly 100 million vaccinated individuals across eight countries reaffirmed the known links between COVID-19 vaccines and certain adverse effects....
https://knews.kathimerini.com.cy/en/news/cyprus-emerges-as-key-hub-for-emc-project-with-$300-million-funding
The EMC cable aims to connect Europe with Saudi Arabia, with construction slated to begin in the summer of 2024...
https://knews.kathimerini.com.cy/en/news/kato-pyrgos-aims-to-become-cyprus-first-energy-self-sufficient-community
Inspired by the success of the Tilos Project, the first operational renewable energy initiative that achieved energy independence for the island of Tilos, Kato Pyrgos aspires to become the first energy self-sufficient community in Cyprus. ...
https://knews.kathimerini.com.cy/en/news/eu-unveils-stricter-fiscal-rules-for-member-states
The European Commission has introduced new fiscal rules aimed at promoting growth and financial discipline among member states. The framework, ...
https://knews.kathimerini.com.cy/en/news/millo-art-spring-cyprus
Renowned Italian artist Francesco Camillo Giorgino, known as Millo, known for his large-scale murals across the globe, is bringing his talent to Cyprus. ...
https://knews.kathimerini.com.cy/en/business/safebulkers-inc-boosts-cypriot-fleet-with-modern-ships
In a strategic move to fortify the Cypriot flag, Safebulkers Inc., a prominent shipping company, has added two state-of-the-art vessels to its fleet....
https://knews.kathimerini.com.cy/en/news/cyprus-confirms-extensive-gas-find-in-cronos-2-project
The Ministry of Energy, Commerce, and Industry announced the successful completion of the assessment drilling operations for "Cronos-2" within Block 6 of the Exclusive Economic Zone (EEZ) of the Republic of Cyprus....
