https://knews.kathimerini.com.cy/en/news/central-bank-predicts-2-2-gdp-growth-in-2023
The Central Bank of Cyprus (CBC) expects GDP growth of 2.2% in 2023, compared to significant growth of 5.1% in 2022, while for the years 2024-26 it expects GDP growth of 2.6%, 3.1% and 3.2%, respectively....
https://knews.kathimerini.com.cy/en/news/cyprus-real-estate-market-holds-steady-at-€5-5bn-in-2023
The Cypriot real estate market demonstrated remarkable resilience and flexibility during 2023 and the total value of transactions reached €5.5bn, which appears to be at the same levels as in 2022, a press release by PwC Cyprus says....
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/business/ey-survey-cybersecurity-tops-global-cros-concerns
EY Global Bank Risk Survey 2023 finds CRO role has expanded and evolved....
https://knews.kathimerini.com.cy/en/news/texas-battles-largest-blaze-in-state-history-as-fire-torches-1m-acres
At least two people have lost their lives as massive wildfires tear through the Texas Panhandle, threatening homes, livestock, and livelihoods.
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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/investigator-accuses-coroner-of-cover-up-in-thanasis-murder
In a riveting continuation of the trial surrounding the untimely demise of 26-year-old National Guardsman Thanasis Nikolaou, investigator Savvas Matsas delivered compelling testimony on Wednesday afternoon....
https://knews.kathimerini.com.cy/en/news/how-an-ex-pilot-turned-halloumi-tradition-upside-down
In the heart of Nicosia, Cyprus, Pantelis Panteli, a former airline pilot turned cheese maker, is redefining tradition with his exclusive Halloumi crafted from ewe's milk....
https://knews.kathimerini.com.cy/en/business/ceos-globally-forecast-increase-in-revenues-profits-and-deal-making-in-2024-as-business-transformation-moves-up-the-agenda
CEOs are optimistic about their ability to drive revenue growth and profitability in 2024 despite global economic headwinds, according to the latest EY CEO Outlook Pulse survey....
https://knews.kathimerini.com.cy/en/news/european-parliament-honors-navalny-amidst-food-inflation
The European Parliament will commemorate the life of Russian activist Alexei Navalny, featuring an address by his wife, Yulia Navalnaya, in its plenary session this week in Strasbourg......
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/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/us-embassy-nicosia-hosts-exhibit-of-ukrainian-women-amid-russian-aggression
On the somber occasion of the second anniversary of Russia’s brutal re-invasion of Ukraine, U.S. Embassy Nicosia, in collaboration with Sunseed Art and Resilient Ukraine, is the proud sponsor of an art exhibit that depicts the faces, roles, stories, and remarkable resilience of Ukrainian women....
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/netherlands-tops-global-pension-charts
A recent analysis by the Mercer CFA Institute has identified European nations as leaders in global pension systems. The Netherlands secures the top spot in the rankings, with Iceland and Denmark following closely behind....
https://knews.kathimerini.com.cy/en/news/madonna-s-chair-mishap-captivates-fans-worldwide
Madonna encountered a memorable moment during her ongoing Celebration Tour, captivating social media with a graceful recovery after falling from her chair during a performance at the Climate Pledge Arena in Seattle....
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/business/bank-of-cyprus-posts-nearly-half-a-billion-euro-profit-in-2023
Bank of Cyprus reported a robust profit of €487 million for the fiscal year 2023, as announced by Group CEO Panicos Nikolaou during the presentation of the bank's financial results....
https://knews.kathimerini.com.cy/en/news/cyprus-faces-€40m-setback-in-smart-meter-implementation
A €40 million allocation from the Recovery and Resilience Fund, earmarked for the purchase and installation of smart meters, is in jeopardy due to tight timetables....
https://knews.kathimerini.com.cy/en/business/pwc-cyprus-goes-100-renewable-sets-green-example
PwC Cyprus issued an announcement today, revealing that it has achieved a significant milestone in its quest for zero emissions. The electricity powering its operations in Nicosia and Limassol is now sourced entirely from renewable sources. ...
https://knews.kathimerini.com.cy/en/news/tornado-strikes-limassol-leaves-trail-of-destruction
In the early hours of Wednesday, February 14th, shocking videos surfaced on social media, capturing the terrifying sight of a tornado ripping through the tranquil streets of Limassol. ...
https://knews.kathimerini.com.cy/en/news/idf-raid-leaves-orphaned-children-shattered-lives-in-gaza
In the tumultuous landscape of southern Gaza, the plight of Mu'min, a five-year-old boy, epitomizes the harrowing reality endured by many children in the region....
https://knews.kathimerini.com.cy/en/news/tornado-strikes-germasogeia-causing-severe-hand-injury
The municipal authority in Germasogeia has sprung into action following the early morning havoc caused by at least two tornadoes, Mayor Kyriakos Xydias confirmed to CNA....
https://knews.kathimerini.com.cy/en/news/greece-to-provide-50-000-free-surgeries-in-bold-health-initiative
Greece's Health Ministry has announced a plan to pay for some 50,000 operations that have been pending at the National Health System in afternoon surgeries....
https://knews.kathimerini.com.cy/en/news/eru-and-locals-save-dogs-in-heartwarming-rescues
Today marked a remarkable display of solidarity and compassion in Lefkara, Cyprus, as the Emergency Response Unit (EMAK) and local residents collaborated to rescue two stranded dogs, each incident unfolding in its own tale of heroism....
https://knews.kathimerini.com.cy/en/news/los-angeles-battles-devastating-mudslides-after-record-breaking-storm
The aftermath of one of the wettest storms in southern California's history has left Los Angeles grappling with the devastating aftermath, as at least 475 mudslides have been reported across the city....
https://knews.kathimerini.com.cy/en/news/transport-minister-unveils-€36-5m-ev-subsidy-scheme
Transport Minister Alexis Vafeadis unveiled a new €36.5 million electric vehicle subsidy scheme on Thursday, financed by the EU's Recovery and Resilience Mechanism....
https://knews.kathimerini.com.cy/en/news/government-to-receive-€1-2b-for-green-transition-and-resilience-plan
Cyprus is set to receive a total of 1.2 billion euros from the Recovery and Resilience Plan (RRP). ...
https://knews.kathimerini.com.cy/en/news/cabinet-approves-€17m-sponsorship-scheme-for-business-energy-upgrades
The Cabinet has approved Mr. George Papastasiou's proposal, the Minister of Energy, Commerce, and Industry, regarding the grants initiative aimed at enhancing upgrades and strengthening the competitive edge of major enterprises....
https://knews.kathimerini.com.cy/en/news/grammys-2024-women-dominate-as-taylor-swift-makes-history-with-4th-best-album-win
In a historic sweep, female artists claimed the spotlight at this year's Grammy Awards, clinching the top four honors of the night....
