https://knews.kathimerini.com.cy/en/business/cyprus-trade-deficit-drops-by-€1-18-billion-as-imports-and-exports-decline
Cyprus’ trade deficit dropped significantly by 17.4%, or €1.18 billion, in the first nine months of the year compared to the same period in 2023, according to provisional data from the Statistical Service of Cyprus (Cystat). ...
https://knews.kathimerini.com.cy/en/news/cyprus-average-monthly-salary-reaches-€2-250-in-2023
Cyprus saw a notable increase in average salaries in 2023. According to the latest figures from the Cyprus Statistical Service, the average gross monthly salary for employees on the island reached €2,363 in 2023, ...
https://knews.kathimerini.com.cy/en/news/what-trump-s-election-could-mean-for-american-taxpayers
A Donald Trump presidential election victory would have huge implications for US trade policy......
https://knews.kathimerini.com.cy/en/business/coffee-island-enters-india-sets-sights-on-multinational-growth
Coffee Island, the popular Greek coffee chain, is making waves in the global market with its first store opening in India, set for December in New Delhi....
https://knews.kathimerini.com.cy/en/business/techisland-invest-cyprus-team-up-to-attract-global-tech-investment
In a move expected to enhance Cyprus’s appeal as a tech hub, TechIsland has signed an agreement with Invest Cyprus to attract more foreign investors, with a particular focus on the technology sector....
https://knews.kathimerini.com.cy/en/news/trump-declares-victory-god-spared-me-to-save-the-country
Donald Trump has done it again. Not only is he back in the White House, but he’s also making history as the first former president to win a second, non-consecutive term....
https://knews.kathimerini.com.cy/en/news/at-the-doorstep-of-mica-what-to-expect-as-crypto-regulation-takes-shape
The European Union's (EU) regulatory framework for cryptocurrencies and digital assets is envisioned to be shaped by the game changer, Markets in Crypto-Assets (MiCA) regulation. ...
https://knews.kathimerini.com.cy/en/news/understanding-consumer-decision-making-an-lci-masterclass-at-unic
The University of Nicosia is offering a masterclass titled "Get In Your Customer’s Mind," as part of its "Life Changing Ideas" executive training series. This session, led by Dr. Pantelis Solomon, delves into consumer psychology and decision-making....
https://knews.kathimerini.com.cy/en/news/cyprus-achieves-record-€4-7-billion-in-exports-continuing-years-long-growth
Minister of Energy, Commerce and Industry George Papanastasiou praised the expanding momentum in the Cypriot export activity, stressing that in 2023 exports rose by an annual 38% continuing their steady rising trend of the past years....
https://knews.kathimerini.com.cy/en/business/cyprus-government-revisits-foreign-investment-control-amid-hospital-takeovers
The foreign investment control (FDI) bill, often referred to as the ''Lonestar'' bill, has resurfaced in Cyprus, prompting fresh discussions about foreign ownership of critical sectors, according to a report by Panayiotis Rougalas in this Sunday's Kathimerini. ...
https://knews.kathimerini.com.cy/en/news/cyprus-police-reshuffles-key-roles-in-long-awaited-overhaul
In what many see as a much-needed shake-up, the Cyprus Police Department has initiated a significant reshuffling, with key transfers across the ranks....
https://knews.kathimerini.com.cy/en/news/new-york-achieves-solar-power-milestone-a-year-early
New York has reached its target of 6 gigawatts of solar power one year ahead of its 2025 goal, state officials announced recently. ...
https://knews.kathimerini.com.cy/en/comment/opinion/experts-urge-creation-of-cyprus-digital-development-organization-to-drive-reform
Cyprus has long sought to drive digital reform across various ministries, agencies, and central administration, but these efforts have largely fallen short....
https://knews.kathimerini.com.cy/en/business/cyprus-plans-€10-000-cash-limit-to-fight-money-laundering
According to Kathimerini's Pavlos Neophytou, the Cyprus government is considering a new law to cap cash transactions at €10,000 for buying goods and services, aiming to crack down on money laundering. ...
https://knews.kathimerini.com.cy/en/news/cyprus-gains-investor-confidence-as-economic-reforms-us-ties-bolster-growth
International investors have shown sustained confidence in Cyprus’ economy and business ecosystem, recognizing the country as a stabilizing force in the region......
https://knews.kathimerini.com.cy/en/news/newborns-in-stable-condition-after-receiving-ethanol-laced-formula-in-occupied-cyprus
The condition of six newborns who were administered baby formula laced with ethanol remains stable, with treatment progressing positively, according to health authorities in Turkish-controlled northern Cyprus....
https://knews.kathimerini.com.cy/en/news/euronet-remains-only-bidder-in-delayed-jcc-payment-systems-sale
The process for the sale of JCC Payment Systems, which began confidentially over the summer, appears to have hit a "snag," with Euronet as the only prospective buyer.
...
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/cyprus-finance-chief-moved-amid-questions-over-government-transparency
Papnayiotis Rougalas reports in this Sunday's Kathimerini that the Council of Ministers of Cyprus announced a significant reshuffle on Thursday,...
https://knews.kathimerini.com.cy/en/business/norway-s-billion-dollar-man-says-americans-just-work-harder-than-europeans
Norway’s ''billion-dollar man'' Nicolai Tangen, who manages Norway’s $1.6 trillion sovereign wealth fund, says America’s success over Europe comes down to one simple factor: Americans work harder....
https://knews.kathimerini.com.cy/en/business/cyprus-achieves-first-a-level-credit-rating-in-major-milestone
Scope Ratings has upgraded Cyprus's credit rating to A- from BBB+, marking the country's first A-level rating from a major credit agency....
https://knews.kathimerini.com.cy/en/news/cyprus-shipping-deputy-minister-honored-by-international-propeller-club
Cyprus' Shipping Deputy Minister Marina Hadjimanoli has been selected by the International Propeller Club Awards Committee as the Maritime Person of the Year for 2024 Government Spokesman Konstantinos Letymbiotis announced in a written statement on Friday....
https://knews.kathimerini.com.cy/en/news/lecture-by-renowned-entrepreneur-john-christodoulou-at-european-university-cyprus
The School of Business of European University Cyprus (EUC), demonstrating its commitment to making a meaningful impact in the business sector and society, hosted a prestigious lecture featuring world-renowned London-based Cypriot-born entrepreneur, John Christodoulou....
https://knews.kathimerini.com.cy/en/news/cyprus-unveils-first-zero-emissions-research-vessel
Cyprus celebrated the launch of its first zero-emissions vessel, EVPLOIA APHRODITE, on Thursday at the Larnaca Marina....
https://knews.kathimerini.com.cy/en/business/paphos-airport-will-expand-to-boost-capacity-and-modernize-facilities
Hermes Airports has submitted a proposal to expand Paphos Airport to better accommodate rising passenger numbers and bring facilities up to modern standards....
https://knews.kathimerini.com.cy/en/news/the-new-era-of-accounting-services-a-complete-solution-for-cfos
Comprehensive Solutions for CFOs in the Modern Accounting Landscape, in the fast-paced business world of today, strategic financial management has become increasingly critical....
https://knews.kathimerini.com.cy/en/news/cbc-urges-banks-to-show-social-responsibility-despite-sector-s-strength
The Central Bank of Cyprus (CBC) released its annual Financial Stability Report for 2023 on Tuesday, indicating that the financial sector is overall strong and capable of handling unexpected challenges. ...
https://knews.kathimerini.com.cy/en/news/five-dead-22-injured-in-terrorist-attack
A terrorist attack on the Turkish Aerospace Industries (TAI) offices in Kahramankazan, near Ankara, resulted in five deaths and 22 injuries....
https://knews.kathimerini.com.cy/en/news/president-unveils-€30-million-plan-to-revitalize-troodos-region
President Nikos Christodoulides has unveiled a comprehensive plan aimed at revitalizing the Troodos mountainous region, with more than 20 major projects and policy actions set to be implemented. ...
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....
