https://knews.kathimerini.com.cy/en/news/cyprus-ends-2023-with-€918-7-million-fiscal-surplus
Cyprus's financial report card for 2023 is in, and it's showing some positive signs. According to the Statistical Service of Cyprus, the country ended the year with a fiscal surplus of €918.7 million. That's like having extra money left over after paying all the bills....
https://knews.kathimerini.com.cy/en/news/heartbreaking-gaza-photo-wins-world-press-photo-of-the-year
Reuters photographer Mohammed Salem captured this year’s prestigious World Press Photo of the Year award Thursday with a depiction of loss and sorrow in Gaza, a heartrending photo of a Palestinian woman cradling the body of her young niece....
https://knews.kathimerini.com.cy/en/business/2-agricultural-land-for-sale-by-astrobank
AstroBank has listed for sale large parcels of agriculture land in various parts of Cyprus....
https://knews.kathimerini.com.cy/en/news/astrobank-s-record-breaking-year-€30-4m-in-profits-for-2023
AstroBank reported Profit After Tax of €30.4 million for 2023, representing a return on equity (RoE) of 13.9%, compared with €12.2 million and RoE of 6.2% for 2022, achieving an increase on profit of 150%, mainly due to increased interest income....
https://knews.kathimerini.com.cy/en/news/germany-under-fire-for-arms-sales-to-israel-amid-gaza-conflict
Germany will face a fresh call to revoke all arms sales to Israel on Thursday in a lawsuit that puts more pressure on Berlin amid a rising outcry about the scale of deaths and destruction in the war on Gaza....
https://knews.kathimerini.com.cy/en/business/2-houses-for-sale-by-astrobank
AstroBank has listed for sale houses in Nicosia, Larnaca, and Paphos that are ideal for own-occupancy....
https://knews.kathimerini.com.cy/en/news/another-whistleblower-sparks-concerns-over-boeing-787-dreamliner-safety
According to the Washington Post, the Federal Aviation Administration (FAA) is delving into fresh claims by a long-serving Boeing engineer asserting that sections of fuselages on the company's 787 Dreamliner planes have been improperly fastened together....
https://knews.kathimerini.com.cy/en/news/deloitte-reveals-steady-surge-in-cyprus-real-estate-transactions
Deloitte issued the Cyprus Real Estate Review, which presents an in-depth analysis of the real estate market in 2023....
https://knews.kathimerini.com.cy/en/news/cyprus-greece-ferry-service-resumes-for-third-year
The Cyprus-Greece maritime passenger connection is set to resume for the third consecutive year, subsidized by the state following approval from the European Commission, ...
https://knews.kathimerini.com.cy/en/news/green-marketing-the-truth-behind-eco-friendly-claims
The deceptive practice of greenwashing, aimed at misleading consumers about the environmental qualities of products or services, is drawing increasing scrutiny....
https://knews.kathimerini.com.cy/en/news/apple-s-plan-for-smart-home-robots-unveiled
Apple is currently working on a venture into household robots, which might become the company's "next big thing" after the Vision Pro headset and having abandoned its decades-long effort to develop a self-driving electric automobile.
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https://knews.kathimerini.com.cy/en/news/chevron-s-new-proposal-for-aphrodite
March 31 marked the end of the three-month deadline given by Nicosia to the US company Chevron, a key partner in the joint venture for the development of Block 12 ...
https://knews.kathimerini.com.cy/en/business/1-astrobank-residential-plots-for-sale
Residential plots have been listed for sale by AstroBank in the districts of Famagusta, Paphos, Larnaca and Nicosia....
https://knews.kathimerini.com.cy/en/business/employers-call-for-tax-reform-to-spur-economic-growth
Employers are advocating for a comprehensive overhaul of the tax system, proposing significant changes aimed at boosting economic activity and competitiveness. Here's a breakdown of their proposals:...
https://knews.kathimerini.com.cy/en/news/limassol-s-night-sky-lights-up-with-pink-martini-s-30th-anniversary-tour
A delightful musical cocktail in the heart of summer!...
https://knews.kathimerini.com.cy/en/news/kedipes-pays-state-€140m-in-largest-quarterly-sum-yet
In the largest quarterly cash repayment to the state since its inception in 2018, totaling €140 million, the Board of Directors of KEDIPES decided to proceed for the first quarter of 2024. ...
https://knews.kathimerini.com.cy/en/business/porsche-cyprus-elevates-auto-unveilings-with-panamera-reveal
Porsche Cyprus unveils the new Porsche Panamera....
https://knews.kathimerini.com.cy/en/business/1-ideal-real-estate-investment-opportunities-for-sale-by-astrobank
AstroBank is selling a commercial plot in the centre of Nicosia and other properties that are ideal investment opportunities in Nicosia, Larnaca, Famagusta and Paphos....
https://knews.kathimerini.com.cy/en/business/peek-into-february-2024-s-hottest-real-estate-deals
Ask Wire, a company blending real estate expertise with technology, has compiled and published data on the 10 most expensive real estate transactions completed in February 2024 and the total value of the top 10 sales by province....
https://knews.kathimerini.com.cy/en/comment/opinion/struggles-amidst-renovation-on-makarios-avenue
I've heard that two stores of a well-known chain recently closed down on Makarios Avenue, namely Etam and Undiz. While these brands thrive in malls and other cities, they seem to struggle in the heart of Nicosia....
https://knews.kathimerini.com.cy/en/news/cyprus-economic-resilience-earns-high-credit-rating-confirmation
International rating agency Morningstar DBRS has confirmed Cyprus’ BBB (high) long-term credit rating with a stable trend, noting that favourable economic prospects balance downside risks.
...
https://knews.kathimerini.com.cy/en/news/pope-defrocks-belgian-bishop-over-sexual-abuse-allegations
Pope Francis took action against Roger Vangheluwe, the former Belgian bishop of Brugge, who admitted to sexually abusing his nephew but faced no Vatican punishment until now....
https://knews.kathimerini.com.cy/en/news/winter-2024-brings-17-boost-in-energy-production
Energean recorded new production growth in the first two months of 2024. Specifically, the company said in a statement that from 123 thousand......
https://knews.kathimerini.com.cy/en/business/luxury-brand-hermes-sued-over-birkin-bag-sales
Two California residents have initiated legal action against French luxury design company Hermès, alleging discriminatory sales practices surrounding its highly coveted Birkin handbags....
https://knews.kathimerini.com.cy/en/business/2-residential-and-agricultural-land-for-sale-by-astrobank
AstroBank has listed for sale large plots of residential and agricultural land in Larnaca, Limassol, and Paphos....
https://knews.kathimerini.com.cy/en/business/kedipes-successfully-sells-€58-4m-portfolio-to-reduce-debt
The Cyprus Asset Management Company (KEDIPES) announced Thursday the successful completion of a sale of performing and restructured loan portfolios to Bank of Cyprus Public Company Limited, with a combined gross book value of €58.4 million as of December 31, 2022....
https://knews.kathimerini.com.cy/en/business/house-commercial-and-residential-land-for-sale-by-astrobank
AstroBank has listed for sale a house in Strovolos, and commercial and residential land in Nicosia, Famagusta, and Paphos....
https://knews.kathimerini.com.cy/en/business/iconic-cosmetics-brand-shuts-down-us-operations
The Body Shop, a UK-based cosmetics company known for its natural, sustainable, and cruelty-free products, has officially ceased all operations in the United States and is set to close numerous Canadian stores as part of a bankruptcy filing....
https://knews.kathimerini.com.cy/en/news/forest-park-hotel-acquisition-joins-cyprus-mountain-peaks-investment
Investment interest in the mountainous areas of the island continues to surge, a trend observed in recent years......
https://knews.kathimerini.com.cy/en/news/kedipes-preps-for-major-loan-sell-off-boosting-cyprus-banks
In a strategic move to streamline its assets, KEDIPES is gearing up to offload a second batch of performing loans, hot on the heels of its €58 million deal with the Bank of Cyprus....
