https://knews.kathimerini.com.cy/en/business/cyprus-greece-and-egypt-team-up-to-boost-business-opportunities
Entrepreneurs and businesses eyeing opportunities in the Eastern Mediterranean have reason to celebrate. Cyprus, Greece, and Egypt have formalized a powerful partnership with the establishment of a Trilateral Business Council...
https://knews.kathimerini.com.cy/en/business/concerns-from-the-eib-regarding-the-electric-cable-project
Critical questions surrounding the electrical interconnection of Cyprus with the European electricity network through Greece have been raised in a letter from the Chamber of Engineers (ETEK) to the Ministry of Energy....
https://knews.kathimerini.com.cy/en/business/europe-shines-in-global-race-for-smarter-power-grids-but-china-gains-ground
Europe is at the forefront of innovation in electricity grid technology, sharing the lead with Japan in global patent filings over the past decade....
https://knews.kathimerini.com.cy/en/business/cybersecurity-and-ict-risks-emerge-as-leading-drivers-of-operational-risk
Geopolitical tensions have significantly increased operational risks, particularly in the areas of cyber and digital threats, as well as risks related to money laundering and sanctions compliance....
https://knews.kathimerini.com.cy/en/news/cyprus-secures-€115-million-in-second-payment-under-eu-recovery-plan
Cyprus has received its second payment under the EU's Recovery and Resilience Facility (RRF), with €115 million granted after successfully fulfilling 37 out of 38 agreed milestones....
https://knews.kathimerini.com.cy/en/business/200-foreign-companies-and-1-200-new-jobs-in-cyprus-in-six-months
Cyprus is experiencing a surge in foreign investment, with approximately 200 international companies establishing operations in the country during the first half of the year. ...
https://knews.kathimerini.com.cy/en/news/pwc-cyprus-partners-with-leading-companies-for-groundbreaking-project-symbiosis
A leading Consortium comprised of PwC Cyprus, Multimarine Services Ltd, SignalGeneriX Ltd, and Theophrastus Research Institute, has been awarded the Project Symbiosis to Harmonise Offshore Renewable Energy with Defence Operations by the European Defence Agency (EDA)....
https://knews.kathimerini.com.cy/en/news/israel-cyprus-greece-energy-ties-more-important-than-ever-says-ambassador
Israel’s Ambassador to Cyprus, Oren Anolik, emphasized the growing importance of cooperation between Israel, Cyprus, and Greece, particularly in the field of energy,...
https://knews.kathimerini.com.cy/en/business/cyprus-floating-lng-unit-prometheus-finally-sets-sail-from-shanghai
After months of delays linked to the Vasilikos scandal, Cyprus' Floating Storage and Regasification Unit (FSRU) 'Prometheus' is finally set to leave Shanghai in early December. ...
https://knews.kathimerini.com.cy/en/business/cyprus-eyes-new-offshore-gas-licenses-as-global-demand-surges
Cyprus is considering a new round of licensing for offshore gas exploration to capitalize on high demand, according to Energy Minister Giorgos Papanastasiou. With estimates suggesting that undiscovered gas reserves could be around 15-16 trillion cubic feet...
https://knews.kathimerini.com.cy/en/news/former-nato-commander-predicts-tensions-in-europe-after-trump-win
Donald Trump's victory in the 2024 U.S. presidential election will lead to significant global changes, according to retired U.S. Navy Admiral James Stavridis. ...
https://knews.kathimerini.com.cy/en/news/trump-s-bold-day-one-agenda-immigration-gender-policies-and-foreign-relations
President-elect Donald Trump has set an ambitious agenda for his first day in office, outlining policy goals on issues from immigration to energy and international relations. ...
https://knews.kathimerini.com.cy/en/news/larnaca-and-paphos-airports-to-handle-17-5-million-passengers-annually
The deal to hand over Larnaca and Paphos airports to Hermes Airports Ltd is nearly sealed, as the company moves toward......
https://knews.kathimerini.com.cy/en/news/new-york-achieves-solar-power-milestone-a-year-early
New York has reached its target of 6 gigawatts of solar power one year ahead of its 2025 goal, state officials announced recently. ...
https://knews.kathimerini.com.cy/en/news/starmer-thanks-christodoulides-for-support-on-gaza
The two leaders discussed the situation in the Middle East, with Starmer thanking Christodoulides for Cyprus's support in establishing a humanitarian corridor to Gaza. He underscored the importance of de-escalation in the region and finding a credible political solution....
https://knews.kathimerini.com.cy/en/news/cabinet-greenlights-solar-water-heating-grants-up-to-€900
The Cabinet approved a grant scheme on Wednesday aimed at installing solar water heating systems in homes, according to Energy, Commerce, and Industry Minister Giorgos Papanastasiou....
https://knews.kathimerini.com.cy/en/news/cyprus-secures-majority-of-eu-funds-with-minor-tax-reform-pending
The European Commission has given Cyprus the green light for most of its request for €152 million in funding as part of the EU’s Recovery and Resilience plan, which aims to boost economies after the pandemic. Out of 38 goals Cyprus needed to meet, 37 were approved....
https://knews.kathimerini.com.cy/en/news/christodoulides-welcomes-five-new-ambassadors
President Nikos Christodoulides formally received the credentials of five newly appointed ambassadors to the Republic of Cyprus during a ceremony at the Presidential Palace on Monday. ...
https://knews.kathimerini.com.cy/en/news/cyprus-crete-electricity-link-should-cut-costs-by-20-25
The Cyprus-Crete electricity interconnection project could reduce electricity costs by 20-25%, according to Cyprus Energy Minister George Papanastasiou. ...
https://knews.kathimerini.com.cy/en/news/ema-slams-eac-for-undermining-electricity-market-competition
The Electricity Market Association (EMA) is expressing concern over recent requests made by the Electricity Authority of Cyprus (EAC) to President Nicos Christodoulides....
https://knews.kathimerini.com.cy/en/news/world-s-largest-solar-farm-approved-australia-to-export-energy-to-singapore
Australia has approved a $13.5 billion (A$20 billion) solar project that aims to transmit energy from a massive solar farm in the country's Northern Territory to Singapore via a 4,300-kilometer (2,672-mile) undersea cable.
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https://knews.kathimerini.com.cy/en/news/cyprus-green-energy-struggles-as-market-changes-loom
Cyprus is gearing up for a major shake-up in its electricity market by 2025, but concerns are growing over how this will impact investments in renewable energy....
https://knews.kathimerini.com.cy/en/news/eu-bolsters-lebanon-with-€1b-aid-package
The European Union has begun political dialogue with the Lebanese government to implement critical reforms, backed by substantial EU funding. ...
https://knews.kathimerini.com.cy/en/news/high-electricity-costs-in-cyprus-due-to-lack-of-renewables
As high temperatures drive increased energy demand in Cyprus, the island remains heavily reliant on mazut for electricity production....
https://knews.kathimerini.com.cy/en/news/eu-reviews-impact-of-chinese-exit-from-vasilikos-lng-terminal
The European Commission is assessing the potential impacts on project funding following the withdrawal of a Chinese consortium from the construction of the LNG terminal in Vasilikos, a spokesperson for the European Commission confirmed....
https://knews.kathimerini.com.cy/en/business/american-medical-center-expands-to-limassol
The American Medical Center (AMC)/American Heart Institute (AHI) is expanding its presence in Limassol with a new private hospital, marking a significant milestone as the institution celebrates its 25th anniversary, according to a report by Anna Polyviou....
https://knews.kathimerini.com.cy/en/news/cyprus-seeds-sparks-an-innovation-revolution
Exciting things are happening in Cyprus as Cyprus Seeds wraps up its third cycle of innovation, highlighted by a lively event at the Reflect Festival in Limassol. ...
https://knews.kathimerini.com.cy/en/news/study-reveals-pros-and-cons-of-great-sea-interconnector
Cyprus' Minister of Energy, Trade and Industry, George Papanastasiou, announced on Thursday that the comprehensive cost-benefit study for the Cyprus-Greece (Crete) electricity interconnection, known as the Great Sea Interconnector (GSI),...
https://knews.kathimerini.com.cy/en/news/cyprus-sets-course-for-cheaper-electricity-in-2025
Energy, Commerce, and Industry Minister George Papanastasiou unveiled Cyprus' ambitious plans for the Electricity Authority of Cyprus (EAC) during a press conference in Nicosia on Tuesday. ...
https://knews.kathimerini.com.cy/en/news/cyprus-has-a-long-way-to-go-when-it-comes-to-ev-s
Cyprus lags behind the rest of the European Union in the adoption of battery electric vehicles (BEVs), according to data from the European Alternative Fuels Observatory (EAFO). While growth is noted and targets seem achievable, the country's rate of electric car use remains among the lowest in the EU....
