https://knews.kathimerini.com.cy/en/news/israeli-tycoon-benny-steinmetz-arrested-on-arrival-in-cyprus
Israeli billionaire mining tycoon Benny Steinmetz was arrested upon his arrival in Larnaca last Thursday and is expected to make a court appearance later this week....
https://knews.kathimerini.com.cy/en/news/former-finance-minister-continues-to-question-euroasia-project
Former Finance Minister Constantinos Petrides has returned to the issue of the Eurasia Interconnector, expressing concerns and raising important questions. In a post on the "X" platform, he highlighted the need for transparency and clarity surrounding this significant and costly project....
https://knews.kathimerini.com.cy/en/news/paphos-wraps-up-summer-with-incredible-september-events
In lovely Paphos, the summer vibe continues well into September with some fantastic events....
https://knews.kathimerini.com.cy/en/news/average-student-spending-at-€250-as-back-to-school-shopping-begins
A few days before schools reopen (September 7 for secondary and high schools, and September 11 for primary schools), chaos is ensuing in bookstores, stationery shops, and stores selling school attire and sports shoes.
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https://knews.kathimerini.com.cy/en/news/step-up-weigh-in-korean-air-weighs-passengers-for-safety
Starting Monday, passengers flying on Korean Air may be asked to step on a scale before boarding their flight.
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https://knews.kathimerini.com.cy/en/news/food-costs-soar-greens-up-25-3-fish-dip-by-15
Increases were noted in 32 out of 45 categories of essential consumer products in the Consumer Product Price Monitor for July 2023, according to the Consumer Protection Service....
https://knews.kathimerini.com.cy/en/news/septemberfest-nicosia-beer-fun-festival-returns
The highly anticipated Septemberfest Nicosia Beer Fun Festival is gearing up for its 12th consecutive edition, presented by DISPLAY ART PLC. Running from September 1st to September 7th, 2023, the festival promises a week-long extravaganza of music, camaraderie, and of course, a wide array of beers. ...
https://knews.kathimerini.com.cy/en/business/university-of-nicosia-plans-medical-school-expansion-to-athens
CVC Capital Partners and the University of Nicosia (UNIC), Cyprus’ largest educational institution, have inked a joint venture deal to construct a branch of the university in Athens....
https://knews.kathimerini.com.cy/en/news/astrobank-offers-diverse-properties-for-sale-across-cyprus
AstroBank, a prominent financial institution in Cyprus, has unveiled an array of properties available for purchase across the country....
https://knews.kathimerini.com.cy/en/news/fuel-tax-cut-to-aid-low-incomes
The association called "Equality" is requesting a reduction in fuel taxes through a letter addressed to the Minister of Finance, Makis Keravnos....
https://knews.kathimerini.com.cy/en/news/do-secret-chip-labs-help-huawei-avoid-u-s-sanctions
Huawei Technologies Co is building a collection of secret semiconductor-fabrication facilities across China to let the company skirt U.S. sanctions, a Washington-based semiconductor association has warned, Bloomberg News reported on Tuesday....
https://knews.kathimerini.com.cy/en/news/eurobank-acquires-17-3-stake-in-hellenic-bank-for-€167-9-million
The Eurobank has agreed to acquire an additional stake of around 17.3% (equivalent to 71,428,572 shares) in the Hellenic Bank at a total price of 167.9 million euros, or 2.35 euros per share. ...
https://knews.kathimerini.com.cy/en/business/eurobank-secures-full-control-of-hellenic-with-pimco-share-acquisition
Eurobank has successfully acquired all shares of Pimco in Hellenic Bank for €167.9 million, equivalent to €2.35 per share, solidifying its position as the predominant shareholder....
https://knews.kathimerini.com.cy/en/news/nearly-7-000-property-purchase-permits-granted-in-2-5-years
In the span from January 2021 to August 2023, approximately 6,958 foreigners were given the authorization to acquire real estate within the occupied territories, as reported by ''official'' data, according to a Yeni Dusen report....
https://knews.kathimerini.com.cy/en/news/poland-s-big-parade-shows-readiness
Poland held its largest military parade in decades on Tuesday, in a flex of defensive muscle that comes as tensions rise on the border between the NATO nation and key Russian ally Belarus....
https://knews.kathimerini.com.cy/en/news/uncontrolled-land-sales-in-occupied-territories-raise-concerns
Kudret Ozersai, Chairman of the People's Party of the "TRNC", has sounded an alarm over the potential danger posed by unregulated real estate sales via companies in the pseudo-state. Ozersai has demanded immediate transparency regarding the extent of land areas sold to foreigners....
https://knews.kathimerini.com.cy/en/news/euroasia-interconnector-loan-denied-by-european-investment-bank
The European Investment Bank will not approve a loan for financing the electricity interconnection project between Cyprus, Greece, and Israel through the EuroAsia Interconnector, as confirmed by a representative from the EIB in an interview with "K" magazine....
https://knews.kathimerini.com.cy/en/business/alert-issued-amid-spate-of-prepaid-card-scams
A total of five cases have been reported between August 4 and 10 about scams that led to withdrawals of thousands of euros through prepaid credit cards, Police spokesperson, Christos Andreou, told CNA on Friday, calling on businesses that sell such cards to be alert and cautious....
https://knews.kathimerini.com.cy/en/news/electrifying-cyprus-only-2-5k-evs-drive-the-change
A total of 26,462 vehicles have been registered with the Department of Road Transport between January and July 2023, according to the most recent data released by the Department of Statistics. Out of the overall new registrations, 701 were electric vehicles, with 502 of them being private saloon cars....
https://knews.kathimerini.com.cy/en/business/upcoming-parking-charges-at-mall-of-cyprus-and-ikea
Parking fees will be implemented at the Mall of Cyprus and IKEA starting September 1, aiming to enhance parking utilization and visitor efficiency. ...
https://knews.kathimerini.com.cy/en/news/the-euroasia-saga-continues
In a statement to ''K'' news, the European Commission expressed its appreciation for the recent signing of the cable purchase agreement for the EuroAsia Interconnector....
https://knews.kathimerini.com.cy/en/news/tourism-sets-record-revenue-with-fewer-arrivals
The latest data on tourism revenues for the month of May has brought encouraging news for the tourism sector, signaling positive effects on the Cypriot economy....
https://knews.kathimerini.com.cy/en/news/europe-dominates-7-10-searched-summer-getaways
The European destinations continue to have the highest travel interest this summer, while Asia Pacific has experienced a surge in popularity, a recent research by Skift has revealed, showing the ten most searched destinations for travel in the summer of 2023 is led by Bangkok, Thailand....
https://knews.kathimerini.com.cy/en/news/media-expert-dr-john-oliver-at-digital-agenda-2023
Dr. John Oliver, a leading expert in media management and former president of the European Union Media Management, will be a keynote speaker at the Digital Agenda Cyprus Summit 2023, taking place on October 17th at Nicosia Municipal Theater....
https://knews.kathimerini.com.cy/en/news/spain-eases-residency-rules-for-travelers
The Spanish authorities have announced that foreigners holding the country’s temporary residence permits will no longer be subject to strict rules as before....
https://knews.kathimerini.com.cy/en/news/uk-cinemas-thrive-with-barbie-and-oppenheimer
Vue International has said it had the biggest weekend for UK cinema ticket sales in four years following the release of Barbie and Oppenheimer....
https://knews.kathimerini.com.cy/en/news/calum-chase-at-the-digital-agenda-cyprus-summit
Calum Chase is a best-selling writer and sought-after speaker on artificial intelligence. He focuses on the medium- and long-term impact of AI on all of us as individuals, societies and economies....
https://knews.kathimerini.com.cy/en/news/platres-mayor-proposes-university-units-in-troodos
Panagiotis Papadopoulos, the Mayor of Platres and President of the Troodos Network, recently spoke on SPOR FM's DIAPORA NEWS show to discuss the development of university units in Troodos, the region's economic and touristic enhancement, job opportunities, and this year's tourism trends....
https://knews.kathimerini.com.cy/en/business/npl-crisis-highlights-tug-of-war-between-borrowers-and-legislation
The concealment, or "camouflage," of non-performing loans (NPLs) in commercial banks before 2013 and their subsequent explosion have been, and may continue to be, the most significant challenge for the Cypriot economy. ...
https://knews.kathimerini.com.cy/en/news/erdogan-s-diplomatic-efforts-in-gulf-region
CONSTANTINOPLE - REPORT: With the aim of attracting capital worth 50 billion dollars, Recep Tayyip Erdoğan embarked on a tour of Gulf countries.
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