https://knews.kathimerini.com.cy/en/news/audit-exposes-gaps-in-health-ministry-s-grant-and-payment-systems
In a recent audit by the Auditor General on the Ministry of Health's activities for 2022 and 2023, a number of financial discrepancies and issues have come to light, particularly in the way grants were distributed and payments were handled. ...
https://knews.kathimerini.com.cy/en/business/cyprus-courts-u-s-investors-in-energy-tech-and-finance
Cyprus is making a bold push to attract American investment, with President Nicos Christodoulides leading a high-profile delegation to the United States....
https://knews.kathimerini.com.cy/en/news/fide-grand-prix-tournament-in-nicosia-ended-in-victory-for-anna-muzychuk
On the evening of March 24th, the fourth stage of the International Chess Federation (FIDE) Women's Grand Prix ended at the Hilton Hotel in the capital of Cyprus. ...
https://knews.kathimerini.com.cy/en/news/hunters-protest-shakes-cyprus-politics
The government is facing backlash over its handling of Sunday’s disruptive hunters’ protest, which saw major roads blocked and sparked widespread anger. ...
https://knews.kathimerini.com.cy/en/news/cyprus-gets-credit-rating-boost-what-it-means-for-the-economy
Cyprus received a major financial boost as credit rating agency Morningstar DBRS upgraded the country’s credit rating to A (low) from BBB (high), marking a key step in the country’s economic progress. ...
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-upgraded-to-investment-grade-by-fitch
The Bank of Cyprus has just hit another major milestone—Fitch Ratings has upgraded the bank to investment grade, marking the third global rating agency to do so. ...
https://knews.kathimerini.com.cy/en/news/cyprus-faces-severe-water-crisis-as-drought-drags-on
Cyprus is bracing for a tough summer as dam levels continue to drop, marking the third consecutive year of drought. The situation has become even more critical after a fire destroyed the Paphos desalination plant, leaving the province at greater risk of severe water shortages....
https://knews.kathimerini.com.cy/en/business/march-newsletter-of-k-treppides-co-ltd-06-03-2025
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries. ...
https://knews.kathimerini.com.cy/en/news/nicosia-s-old-gsp-transformed-into-urban-park-ready-for-public-use
The long-awaited redevelopment of the old GSP site is nearly complete and is set to be handed over to the Nicosia Municipality in March.
...
https://knews.kathimerini.com.cy/en/news/cyprus-strikes-energy-deals-but-‘aphrodite-gas-delayed-until-2031
Last Friday marked the conclusion of long-running negotiations between the Republic of Cyprus and the consortium developing the Aphrodite gas field, led by U.S. energy giant Chevron. ...
https://knews.kathimerini.com.cy/en/business/big-us-companies-borrowing-in-europe-to-save-money
Big American companies are increasingly turning to Europe to borrow money at lower costs, taking advantage of cheaper interest rates compared to those in the US....
https://knews.kathimerini.com.cy/en/news/lost-and-found-104-year-old-greek-turtle-spotted-in-alexandria
A 'missing' sea turtle from Greece, aged 104, was recently spotted off the coast of Alexandria by Egyptian authorities....
https://knews.kathimerini.com.cy/en/news/european-parliament-seeks-cypriot-administrators
In a significant move to address imbalances in staff representation, the European Parliament has launched a competition aimed specifically at Cypriot nationals....
https://knews.kathimerini.com.cy/en/news/1-cyprus-moves-closer-to-energy-independence-as-drilling-begins-in-block-5
Excitement is building as drilling in Block 5 of Cyprus’ exclusive economic zone (EEZ) officially began on Friday. President Nikos Christodoulides announced the development with enthusiasm, highlighting its potential to position Cyprus as a key player in the European energy market....
https://knews.kathimerini.com.cy/en/business/aegean-tensions-and-cyprus-energy-ambitions
While Cyprus advances its energy ambitions, tensions between Greece and Turkey over the Aegean Sea persist....
https://knews.kathimerini.com.cy/en/news/water-crisis-looms-for-paphos-farmers
The Ministry of Agriculture is ramping up efforts to tackle water shortages in Paphos and ensure farmers have enough resources to sustain their crops. ...
https://knews.kathimerini.com.cy/en/news/biden-and-trump-clash-over-credit-for-gaza-ceasefire-deal
After months of intense negotiations, a long-awaited ceasefire agreement in Gaza was finally achieved, but not without a little drama over who should take the credit. ...
https://knews.kathimerini.com.cy/en/news/cyprus-national-guard-to-modernize-with-u-s-arms
The Republic of Cyprus’ formal accession to the U.S. Foreign Military Sales programs, Excess Defense Articles, and Title 10 security assistance programs marks a significant milestone in the strategic strengthening of relations between Nicosia and Washington. ...
https://knews.kathimerini.com.cy/en/news/two-michelin-starred-chef-daniele-lippi-comes-to-paphos
The Cap St George Hotel is excited to announce the launch of its Culinary Stars 2025 events with an extraordinary experience. On Friday, January 24, and Saturday, January 25, the hotel will host Chef Daniele Lippi, a culinary virtuoso awarded two Michelin stars....
https://knews.kathimerini.com.cy/en/business/greek-investor-set-to-acquire-superhome-center-in-cyprus
The sale of Superhome Center DIY LTD to a Greek investor is moving forward, with the final deal expected to be concluded in the coming weeks....
https://knews.kathimerini.com.cy/en/news/rising-dam-levels-bring-hope-after-months-of-drought
The recent rains, storms, and snowfall across Cyprus have brought a welcome relief after years of drought and dry reservoirs. As we step into the new year, there’s cautious optimism that the country can avoid the looming threat of desertification this summer....
https://knews.kathimerini.com.cy/en/news/2024-a-year-of-change-and-controversy-in-cyprus
2024 was a year of upheaval and drama for Cyprus, marked by significant changes, political reshuffling, court decisions, and constitutional challenges. The events listed below highlight some of the most important moments that defined the year.
...
https://knews.kathimerini.com.cy/en/news/cyprus-joins-exclusive-u-s-military-training-as-first-non-nato-country
Cyprus and the United States are taking another major step in strengthening their defense relationship....
https://knews.kathimerini.com.cy/en/news/how-assad-s-regime-stashed-millions-while-syria-crumbled
It turns out, while Syria was crumbling under war and sanctions, Bashar al-Assad’s regime was quietly flying millions in cash to Moscow....
https://knews.kathimerini.com.cy/en/business/black-friday-buzz-as-shoppers-return-in-full-force
According to an article by Dorita Yiannakou, this past week, the retail scene came alive with the buzz of Black Friday. ...
https://knews.kathimerini.com.cy/en/business/laiki-bank-liquidator-raises-€90-8-million-for-depositor-compensation
According to a report by Panayiotis Rougalas in this Sunday's Kathimerini, the liquidator of the former Laiki Bank, Avgoustinos Papathomas, has achieved a key milestone in efforts to compensate creditors, particularly depositors who lost money during the bank’s 2013 collapse....
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/lois-builders-slams-contract-termination-cites-mismanagement-and-delays
Lois Builders Ltd. has issued a statement in response to the recent termination of its contract for the Fishing Reserve and Liopetriou River project, calling the move ''unprecedented.''...
https://knews.kathimerini.com.cy/en/news/fed-cuts-rates-by-0-25-economic-activity-expands-steadily
The Federal Reserve on Thursday cut interest rates by 0.25 percentage points for the second consecutive meeting, bringing the target range to 4.50% to 4.75%, as expected. The decision was unanimous....
https://knews.kathimerini.com.cy/en/news/cyprus-becomes-a-key-player-in-u-s-military-strategy
Cyprus is working to strengthen its military cooperation with the United States, particularly following recent discussions between President Nicos Christodoulides and President Joe Biden....
