https://knews.kathimerini.com.cy/en/news/cyprus-tax-reform-aiming-for-innovation-sustainability-and-simplicity
A major tax reform is underway in Cyprus as part of the Tax Transformation Project, led by the Centre for Economic Research (CER) at the University of Cyprus. ...
https://knews.kathimerini.com.cy/en/news/the-decay-of-limni-pier-a-forgotten-landmark-in-paphos-video-photos
Limni Pier, located on the coast near Polis Chrysochous, is a relic of Cyprus’s industrial past....
https://knews.kathimerini.com.cy/en/comment/opinion/a-green-planet-with-india-leading-the-way
Climate Change is a defining challenge of our times but as the world hurtles toward an escalating climate crisis, India is stepping into a global leadership role to tackle climate change. ...
https://knews.kathimerini.com.cy/en/news/israeli-airlines-suspend-flights-to-paphos-over-security-concerns
Israeli airlines EL AL, Arkia, and Israir will now land exclusively at Larnaca International Airport due to a directive issued by Israel’s Internal Security Agency late Sunday night....
https://knews.kathimerini.com.cy/en/news/trump-addresses-national-challenges-in-first-white-house-interview-videos
In his first television interview since returning to the White House, President Donald Trump offered a wide-ranging assessment of national issues, asserting that America's challenges are "all solvable" and emphasizing the unity of the Republican congressional caucus....
https://knews.kathimerini.com.cy/en/news/building-safety-concerns-prompt-eac-building-evacuation
The Electricity Authority of Cyprus (EAC) has evacuated its oldest building in central Nicosia as a precautionary measure after inspections flagged seismic safety deficiencies....
https://knews.kathimerini.com.cy/en/business/trump-backs-elon-musk-as-potential-tiktok-buyer
Former U.S. President Donald Trump has expressed support for the idea of Elon Musk purchasing TikTok, the popular social media platform owned by China's ByteDance. ...
https://knews.kathimerini.com.cy/en/business/greek-companies-dominate-cyprus-market-with-expanding-investments
In recent years, a wave of Greek companies has been making significant strides in Cyprus, investing across various sectors and expanding their reach....
https://knews.kathimerini.com.cy/en/news/leak-at-mavrokolympos-dam-risks-losing-1-4-million-cubic-meters-of-water
Authorities are racing to address a significant water leak at the Mavrokolympos dam in Paphos, where stopping the issue appears increasingly challenging. ...
https://knews.kathimerini.com.cy/en/business/tiktok-goes-dark-in-the-us-what-happened-and-what-s-next
TikTok, the popular social media app, disappeared from U.S. app stores late Saturday night after a federal law banning its operation came into effect. ...
https://knews.kathimerini.com.cy/en/news/nurses-took-on-second-jobs-and-covered-for-eachother
During Thursday's meeting of the Parliamentary Audit Committee, a finding that troubled attendees arose during discussions about the Audit Office's report on the central administration of the State Health Services Organization (SHSO)....
https://knews.kathimerini.com.cy/en/news/turkey-condemns-u-s-military-support-for-cyprus
Turkey has voiced strong opposition to the Biden administration’s recent decision to include Cyprus in three U.S. defense programs, just hours before Joe Biden handed over the presidency to Donald Trump. ...
https://knews.kathimerini.com.cy/en/news/cyprus-at-a-political-crossroads-new-faces-big-promises-and-uncertain-futures
The political landscape in Cyprus is shifting, as traditional parties face growing public frustration and new figures step into the spotlight. ...
https://knews.kathimerini.com.cy/en/news/us-sanctions-hit-two-cyprus-based-companies
In the latest wave of sanctions targeting entities aiding Russia’s war on Ukraine, two Cyprus-based companies have found themselves under the spotlight, further deepening the political tension surrounding the ongoing conflict....
https://knews.kathimerini.com.cy/en/news/cypriot-company-scammed-out-of-$81k-in-online-fraud
A Cypriot company based in Limassol has fallen victim to an online scam, losing over $81,000 worth of goods in a sophisticated fraud scheme....
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/news/authorities-warn-of-dangerous-products-in-the-european-market
Dangerous products and items containing hazardous chemicals have been identified in the European market, according to an announcement by the Labour Inspection Department of the Ministry of Labour and Social Security....
https://knews.kathimerini.com.cy/en/business/the-dragon-threatens-citrus-and-exports
The Ministry of Agriculture, Rural Development, and Environment is requesting the support of local authorities to prevent the destruction of the island’s citrus crops....
https://knews.kathimerini.com.cy/en/news/two-found-dead-in-jetblue-landing-gear-compartment
On Tuesday, JetBlue confirmed that two bodies were found in the landing gear compartment of one of its planes after it completed a flight from New York....
https://knews.kathimerini.com.cy/en/business/how-the-european-artificial-intelligence-ai-act-will-transform-auditing-and-financial-reporting-and-the-crucial-role-of-the-external-auditor
The European Union took a bold step in August 2024 by adopting the AI Act, a landmark regulation designed to ensure that Artificial Intelligence systems are safe, ethical, and transparent. ...
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-greece-market-overview-2023-2024-and-projections-for-2025-and-beyond
The market underwent significant changes from mid-2023 onwards due to several global and regional factors....
https://knews.kathimerini.com.cy/en/news/‘murder-hornet-successfully-eradicated-from-u-s
The invasive northern giant hornet, often referred to as the "murder hornet," has been declared eradicated from the United States after an intensive, multi-year effort....
https://knews.kathimerini.com.cy/en/business/cyprus-risks-losing-grip-on-interconnector-amid-french-power-move
A reported agreement between Greece’s ADMIE and French investment fund Meridiam could alter the energy landscape of the Eastern Mediterranean, especially for Cyprus....
https://knews.kathimerini.com.cy/en/news/banks-under-fire-how-public-pressure-forced-a-shake-up
Over the past decade, Cypriot banks have paid over €500 million to the state through a special levy known as the ''double tax.''...
https://knews.kathimerini.com.cy/en/comment/opinion/inaction-and-inconsistent-pressure-threaten-our-future
The much-advertised mobility on the Cyprus problem, likely more for communication purposes than out of a genuine lack of awareness of the tragic reality, cannot, by itself, lead to a viable and mutually acceptable solution....
https://knews.kathimerini.com.cy/en/news/french-investment-powers-up-cyprus-greece-electricity-link-with-€1-9b-deal
A significant agreement has been reached for the long-anticipated Cyprus-Greece electricity cable project, led by ADMIE, Greece's power grid operator. This project, which aims to connect the power grids of Cyprus and Greece, has secured new funding and a strategic partner....
https://knews.kathimerini.com.cy/en/news/meta-slammed-with-€250-million-fine-for-facebook-data-breach
Meta, the parent company of Facebook, has been hit with a hefty fine of over €250 million (approximately £206 million) by the Irish Data Protection Commission (DPC) due to a significant data breach....
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/parliament-rejects-akel-s-5-bank-tax-bill-after-tense-showdown
A dramatic session in parliament ended with the rejection of a contentious proposal by the opposition party AKEL, which aimed to impose an extraordinary 5% solidarity tax on bank interest income for 2024 and 2025. ...
https://knews.kathimerini.com.cy/en/business/cyprus-recalls-11-000-mazda-demio-cars-over-faulty-airbags
The Cyprus government is facing a growing issue involving hundreds of cars that need to be recalled due to faulty airbags. Specifically, about 11,000 Mazda Demio vehicles, imported as used cars from non-EU countries,...