https://knews.kathimerini.com.cy/en/business/the-$10-billion-plan-to-rebuild-cyprus-s-ghost-town
The Turkish newspaper Sözcü has drawn attention to Varosha, an abandoned area in Famagusta, calling it the "Las Vegas of the Mediterranean." The paper says it would take $10 billion to bring the ghost town back to life after being abandoned for 50 years....
https://knews.kathimerini.com.cy/en/news/limassol-man-loses-€46-900-in-car-sales-scam
A 28-year-old man reported to Limassol Police Station that he was the victim of electronic fraud after transferring €46,900 to a bank account he believed belonged to a car sales company....
https://knews.kathimerini.com.cy/en/news/agency-reports-strong-start-to-2024-continues-paying-off-state-debt
KEDIPES, Cyprus' state-owned asset management agency, announced a €144 million cash inflow for the first quarter of 2024. The agency also made a €140 million repayment to the state, bringing the total repayment to €1.3 billion since it started in September 2018....
https://knews.kathimerini.com.cy/en/news/greek-olive-oil-producers-reject-bulk-sales-thrive-in-export-market
They knew the easy way. They could have effortlessly sent their oil in bulk to Italy....
https://knews.kathimerini.com.cy/en/business/900-tourists-in-cyprus-affected-by-fti-group-bankruptcy
Around 900 tourists who purchased travel packages from the German-based FTI Group, which has recently filed for bankruptcy, are currently in Cyprus, Deputy Minister of Tourism Kostas Koumis said Tuesday....
https://knews.kathimerini.com.cy/en/news/hackers-claim-560m-ticketmaster-accounts-breached
Ticketmaster owner Live Nation confirmed "unauthorised activity" on its database after a group of hackers said they had stolen the personal details of 560 million customers.
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https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-non-performing-loans-drop-to-lowest-level-in-years
Total non-performing loans (NPLs) to banks have dropped below €2 billion, specifically to €1.9 billion. ...
https://knews.kathimerini.com.cy/en/news/news-corp-teams-up-with-openai-for-content-sharing
Joining news organizations that have chosen to collaborate rather than fight with the best-known artificial intelligence company, News Corp. has struck a multiyear deal to share news content with OpenAI for both training purposes and to answer questions from users....
https://knews.kathimerini.com.cy/en/business/bbf-introduces-ask-bbf-for-comprehensive-real-estate-services
BBF, a leading residential and commercial developer in Cyprus, constantly invests in innovative solutions that put customers at the center of all operations....
https://knews.kathimerini.com.cy/en/news/philip-morris-cyprus-opens-its-new-flagship-offices-in-nicosia-advocating-for-a-smoke-free-cyprus
Philip Morris Cyprus has set an ambitious goal to make Cyprus the first smoke-free country in Europe, as announced by the company's General Manager Mr. Stavros Dracularakos at an event celebrating the opening of its new offices in Nicosia....
https://knews.kathimerini.com.cy/en/life/is-raw-milk-a-trendy-temptation-or-health-hazard
In the world of daring culinary trends, raw milk is the latest sensation captivating influencers and foodies alike. Unlike its pasteurized counterpart, raw milk skips the heat treatment process, offering enthusiasts a taste of unaltered dairy straight from the cow's udder....
https://knews.kathimerini.com.cy/en/life/berry-bliss-awaits-you-on-may-24
The sweet aroma of ripe strawberries will fill the air as Deryneia gears up for the annual Pancyprian Strawberry Festival on Friday, May 24, 2024, starting at 4:45 PM....
https://knews.kathimerini.com.cy/en/news/paphos-remains-the-champion-of-property-sales-to-foreign-nationals
Based on the Pancyprian Sales Statistics (excluding Cypriot citizens) Paphos remains the champion city in property sales for the current year 2024......
https://knews.kathimerini.com.cy/en/news/home-prices-surge-in-q4-2023
House prices in Cyprus continued their upward trajectory in the fourth quarter of 2023, with apartment prices being the primary driving force, as per a report released by the Central Bank of Cyprus on Tuesday....
https://knews.kathimerini.com.cy/en/news/no-jurors-chosen-yet-in-senator-menendez-s-corruption-trial
Jury selection began in the corruption trial of U.S. Senator Robert Menendez on Monday, with a judge excusing dozens of prospective jurors in a case that could affect the Democrat's political future and the makeup of the U.S. Senate....
https://knews.kathimerini.com.cy/en/news/chestertons-global-launches-in-cyprus
Leading international real estate firm, Chestertons Global, has announced its expansion into the Cyprus property market with the launch of Chestertons Cyprus Residential. ...
https://knews.kathimerini.com.cy/en/business/ellinikon-europe-s-largest-smart-city-begins-its-transformation
https://knews.kathimerini.com.cy/en/business/foreign-students-welcomed-into-labor-market
Labour Minister Yiannis Panagiotou announced on Tuesday the government's decision to enhance foreign students' access to the labor market, citing its significance in the country's development planning...
https://knews.kathimerini.com.cy/en/news/cyprus-records-3-2-drop-in-march-fuel-sales
Total sales of petroleum products declined by 3.2% year on year in March with sales amounting to 108,200 tonnes.
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https://knews.kathimerini.com.cy/en/news/bonnie-tyler-returns-to-cyprus-for-first-concert-in-20-years
Nearly two decades since her inaugural performance on the island, the legendary British songstress Bonnie Tyler is set to make a triumphant return to Cyprus, gracing the stage for a highly anticipated concert in Larnaca....
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/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/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/business/porsche-cyprus-elevates-auto-unveilings-with-panamera-reveal
Porsche Cyprus unveils the new Porsche Panamera....
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/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.
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