https://knews.kathimerini.com.cy/en/news/1-ai-to-shake-up-banking-putting-thousands-of-jobs-at-risk
The global banking industry is bracing for a seismic shift as artificial intelligence (AI) continues to revolutionize the sector. A recent study by Bloomberg Intelligence predicts that up to 200,000 jobs in banking will be eliminated over the next three to five years as AI takes over tasks currently performed by employees....
https://knews.kathimerini.com.cy/en/business/investor-scammed-out-of-$58-000-in-cryptocurrency-fraud
The promise of easy profits through online investments lured a 50-year-old man into a sophisticated cryptocurrency scam, resulting in the loss of $58,000....
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.
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https://knews.kathimerini.com.cy/en/comment/opinion/1-weird-flex-but-ok
"We did it first" appears to be the government's message, as six months after Cyprus suspended processing asylum applications from Syrians....
https://knews.kathimerini.com.cy/en/news/cyprus-deputy-minister-for-european-affairs-outlines-vision-for-2026-eu-presidency
In an exclusive interview by Kathimerini's George Kakouris, Deputy Minister of State for European Affairs Marilena Raouna described the upcoming Cyprus Presidency of the Council of the EU in 2026 as both a significant challenge and an unparalleled opportunity....
https://knews.kathimerini.com.cy/en/news/greece-returns-1-055-artifacts-to-turkey
In a remarkable gesture of cooperation and respect for shared cultural heritage, Greece has returned 1,055 ancient coins to Turkey. This marks the first time the two countries have engaged in such a cultural repatriation, highlighting the growing importance of collaboration in preserving history....
https://knews.kathimerini.com.cy/en/news/epic-spp-media-and-deejay-radio-unite-for-a-great-cause
Once again, Nicosia will be transformed into a Christmas wonderland as the city's biggest holiday street festival returns. This year’s EPIC STREET FEST promises to bring together people of all ages for a celebration filled with music, food, drinks, and plenty of festive fun....
https://knews.kathimerini.com.cy/en/news/cyprus-and-eu-condemn-turkey-s-plans-for-military-action-in-syria
Cyprus’ Foreign Minister, Constantinos Kombos, and the European Commission President, Ursula von der Leyen, have both condemned Turkey’s plans for a large-scale military operation in northern Syria, with growing fears that such actions could destabilize the region further....
https://knews.kathimerini.com.cy/en/life/angelina-jolie-identifies-with-maria-callas-loneliness
The acclaimed actress opens up about her personal struggles and the profound connection she felt while portraying the legendary opera diva....
https://knews.kathimerini.com.cy/en/news/cyprus-sees-slow-syrian-asylum-withdrawals-amid-ongoing-instability
The flow of Syrians requesting to withdraw their asylum applications in Cyprus remains low, despite the growing number of inquiries from individuals seeking information about the process. ...
https://knews.kathimerini.com.cy/en/news/syrian-refugees-in-cyprus-urge-government-to-facilitate-their-safe-return-to-syria
A group of Syrian refugees in Cyprus, known as ''Syrians in Cyprus,'' has submitted a letter to Deputy Minister of Immigration and International Protection, Nicolas Ioannidis,...
https://knews.kathimerini.com.cy/en/news/the-banker-bank-of-cyprus-wins-bank-of-the-year-award-again-for-2024
The Banker, one of the leading international publications focused on banking and finance, has named Bank of Cyprus the Bank of the Year in Cyprus in its 2024 awards....
https://knews.kathimerini.com.cy/en/news/syrians-withdrawing-asylum-requests-says-deputy-minister-of-migration
Syrian nationals in Cyprus are beginning to submit applications to withdraw their asylum requests, according to Deputy Minister of Migration and International Protection, Nikolas Ioannidis....
https://knews.kathimerini.com.cy/en/news/commission-s-migration-challenge-syria-and-political-hurdles-complicate-new-eu-legislation
According to an article by Pavlos Xanthoulis, the European Commission, led by Ursula von der Leyen, prepares to unveil a new migration and refugee framework in February 2025, significant challenges loom, from escalating conflict in Syria to contentious legal and political disputes within the EU. ...
https://knews.kathimerini.com.cy/en/comment/opinion/affordability-urbanization-and-sustainability-how-real-estate-in-cyprus-greece-and-romania-will-evolve-by-2029
The next five years will redefine the real estate markets of Cyprus, Greece, and Romania....
https://knews.kathimerini.com.cy/en/news/vietnamese-tycoon-can-avoid-death-penalty-by-repaying-$9-billion
Truong My Lan, a 68-year-old property tycoon from Vietnam, has been sentenced to death for embezzling a staggering $27 billion in one of the country's largest fraud cases....
https://knews.kathimerini.com.cy/en/comment/opinion/limassol-s-growth-deserves-equal-support
Who is driving development projects in Limassol, and how far have they progressed? Who decides how state development funds are allocated, and based on what criteria?...
https://knews.kathimerini.com.cy/en/news/unic-christmas-spirit-returns-for-a-joyful-on-campus-holiday-experience
The University of Nicosia (UNIC) and the Karaiskakio Foundation are delighted to bring back the Christmas spirit with a week-long celebration full of festive events and activities....
https://knews.kathimerini.com.cy/en/news/trump-sues-media-companies-over-critical-stories
As Donald Trump returns to the White House, he has escalated his legal actions against media organizations that have been critical of him. With only two months left before his second term, Trump, a convicted felon, has launched a series of lawsuits against outlets like the New York Times, Penguin Random House, and the Daily Beast....
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-reports-€401-million-profit-surge
In the latest financial report, Bank of Cyprus has reported a solid profit of €401 million for the first nine months of 2024—a 15% jump from last year’s €349 million. ...
https://knews.kathimerini.com.cy/en/life/limassol-international-book-fair-expands-for-third-year-with-star-studded-lineup
The Limassol International Book Fair is set to return for its third year, promising an expanded and enriched experience for book lovers, writers, and industry professionals....
https://knews.kathimerini.com.cy/en/business/cyprus-faces-financial-imbalance-as-assets-fall-short-of-liabilities
As of December 2023, Cyprus' economy is navigating a complex financial landscape, with total assets in financial instruments reaching €869 billion. However, the country also faces a notable financial shortfall, with liabilities exceeding assets by about €29 billion....
https://knews.kathimerini.com.cy/en/news/new-york-blessing-of-the-animals-returns-to-st-john-the-divine-cathedral
Some might chuckle at the sight of a camel strutting down the aisle of a church, but for many animal lovers, this quirky spectacle is a testament to how they treat their pets like family. ...
https://knews.kathimerini.com.cy/en/life/larnaca-christmasland-returns-a-winter-wonderland-awaits-in-europe-square
Get ready to step into a world of holiday magic as Larnaca ChristmasLand opens its doors, kicking off the festive season in Cyprus! ...
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-shareholders-moving-at-different-speeds
CarVal Investors recently sold 3% of its 9.09% stake in Bank of Cyprus, sparking speculation that other shareholders may follow suit and sell their shares....
https://knews.kathimerini.com.cy/en/news/the-7th-autumn-festival-–-halloween-edition-by-inspired-family-fun-returns
Join us for a weekend of spooktacular fun at My Mall Limassol from October 26 to 28, as we celebrate Halloween in the most magical way! ...
https://knews.kathimerini.com.cy/en/business/joey-takes-you-to-madrid-for-the-junior-eurovision-final
Travel with your child to Madrid exclusively by signing up to the JOEY App and watch the grand final of Junior Eurovision 2024, which will take place on November 16th.
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https://knews.kathimerini.com.cy/en/news/president-christodoulides-addresses-eu-on-cyprus-problem
President of Cyprus Nikos Christodoulides will brief European leaders on the latest developments in the Cyprus issue within the framework of the European Council in Brussels on Thursday....
https://knews.kathimerini.com.cy/en/news/med9-summit-in-cyprus-pushes-for-humanitarian-aid-to-gaza
At a time when the war crisis in the Middle East is intensifying, raising global concerns, the 11th summit of southern European leaders in Cyprus provided a platform for the EU to address criticism of its inaction on calls for a ceasefire. ...
https://knews.kathimerini.com.cy/en/news/famous-grouse-to-feature-at-the-5th-cyprus-cocktail-festival
The highly anticipated Cyprus Cocktail Festival returns for its 5th edition, offering an unforgettable evening of exclusive signature cocktails crafted by 20 top cocktail bars from Cyprus and abroad. ...