https://knews.kathimerini.com.cy/en/news/cyprus-tops-europe-in-lawyers-but-struggles-with-court-delays
Cyprus leads Europe with the highest number of lawyers per capita, with 505 lawyers per 100,000 residents, far above the European average, according to a new Council of Europe report....
https://knews.kathimerini.com.cy/en/news/effort-to-create-new-cooperative-bank-in-cyprus-begins-with-ipo-search
The Cypriot company for the promotion of the cooperative movement is at the process of seeking an investment firm that would underwrite an initial public offering for the creation of a “small cooperative bank” in Cyprus that would replace the Cooperative Cyprus Bank which went into liquidation back in 2018, Panikos Hambas told CNA....
https://knews.kathimerini.com.cy/en/news/calum-chace-how-ai-will-change-everything—are-we-ready
Calum Chace, a well-known expert in Artificial Intelligence (AI), recently took the stage at the Digital Agenda Cyprus Summit 2024 to share his insights into the future of AI and its impact on our world....
https://knews.kathimerini.com.cy/en/business/freedom-holding-corp-marks-5th-anniversary-of-nasdaq-ipo-with-significant-growth-milestones
Freedom Holding Corp. (FRHC) is celebrating the fifth anniversary of its IPO on the Nasdaq Capital Market, one of the world’s leading stock exchanges. ...
https://knews.kathimerini.com.cy/en/news/delays-hit-€85-traffic-fine-reduction-law
Three months after the unanimous approval by Cyprus’ Parliament to reduce fines for traffic violations caught by stationary cameras, the law has yet to be implemented.
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https://knews.kathimerini.com.cy/en/news/tougher-penalties-for-employers-skirting-social-security
The government is poised to toughen penalties for undeclared work in an effort to address the widespread issue....
https://knews.kathimerini.com.cy/en/news/taavi-roivas-on-why-ai-is-the-future-of-government
Taavi Rõivas, Estonia’s former Prime Minister, visited Cyprus for the Digital Agenda Summit 2024, where he was invited to speak about Estonia’s pioneering journey in creating a fully digitized government....
https://knews.kathimerini.com.cy/en/news/how-cypriot-startups-are-disrupting-healthcare-air-quality-and-mixed-reality
Aspiring entrepreneurs are being urged to dare with passion, partner wisely, and prepare for hard work and endless challenges. ...
https://knews.kathimerini.com.cy/en/comment/opinion/a-black-day-for-justice-in-cyprus
September 18, 2024 will be marked as another Black Day for Democracy and the start of a slippery road to a new phase in the political life of Cyprus....
https://knews.kathimerini.com.cy/en/news/tesla-unveils-robotaxi-and-optimus-robot-at-‘we-robot-event
Tesla CEO Elon Musk showcased the company’s latest autonomous vehicle, the Cybercab Robotaxi, during the "We, Robot" event at Warner Bros. Studios on Thursday....
https://knews.kathimerini.com.cy/en/news/new-app-teaches-teens-money-management
As technology continues to evolve, digital currency is becoming an increasingly integral part of modern life, making daily transactions easier, faster, and more accessible....
https://knews.kathimerini.com.cy/en/news/cyprus-hosts-european-commission-president-for-med9-summit
President Nicos Christodoulides of the Republic of Cyprus welcomed Ursula von der Leyen, the President of the European Commission, ...
https://knews.kathimerini.com.cy/en/news/ukraine-imposes-sanctions-on-cypriot-lawyer-and-associates
Ukraine has added several Cypriot individuals and companies to its sanctions list, including prominent lawyer Andreas Sofocleous and employees from his law firm, Andreas M. Sofocleous & Co LLC, which operates both in Cyprus and Ukraine....
https://knews.kathimerini.com.cy/en/news/attorney-general-and-auditor-general-vow-strong-cooperation
Attorney General George Savvidis and newly appointed Auditor General Andreas Papaconstantinou are determined to work closely together for a smooth and effective partnership. ...
https://knews.kathimerini.com.cy/en/business/digital-transformation-or-vanish
Historically our world has experienced significant eras spanning from the medieval eras, Renaissance, Scientific Revolution, Industrial Revolution, World War Era and others....
https://knews.kathimerini.com.cy/en/business/exness-ceo-cut-red-tape-to-boost-europe-s-economy
Petr Valov, CEO of Exness, has called for the reduction of excessive regulations in Europe, arguing that deregulation could help boost the region's economic competitiveness....
https://knews.kathimerini.com.cy/en/news/digital-tools-launched-to-improve-nicosia-s-urban-life
Nicosia Mayor Charalambos Proutzos emphasized the importance of enhancing citizens' quality of life through smart technologies, stating, "Our goal is not just......
https://knews.kathimerini.com.cy/en/news/climate-change-made-deadly-hurricane-helene-500-times-more-likely
As Hurricane Milton nears Florida, fueled by an unusually warm Gulf of Mexico, new research highlights how climate change is driving more intense storms....
https://knews.kathimerini.com.cy/en/news/cyprus-to-approve-100-000-electronic-ids-for-digital-transition
The Council of Ministers is set to approve the purchase of 100,000 electronic ID cards during its meeting today at 11:00 a.m., President Nikos Christodoulides announced while speaking at the Digital Agenda Cyprus Summit, held at the Nicosia Municipal Theater....
https://knews.kathimerini.com.cy/en/news/digital-agenda-summit-2024-underway-shaping-cyprus-tech-future
The Digital Agenda Summit 2024 kicked off this morning at the Nicosia Municipal Theatre, bringing together top industry leaders, government officials, and tech experts from around the region. ...
https://knews.kathimerini.com.cy/en/news/cyprus-civil-defence-shelters-ready-for-30-of-population
Cyprus' Civil Defence has 2,200 shelters currently available, capable of accommodating 30% of the island's population in case of an emergency, according to spokesperson Panayiotis Liassides. Efforts are underway to increase the number of shelters, especially in urban areas....
https://knews.kathimerini.com.cy/en/news/eu-takes-cyprus-to-court-over-tax-law-delays
The European Commission has referred Cyprus, along with Spain, Poland, and Portugal, to the European Court of Justice for failing to implement the 2022 directive on a global minimum level of taxation for multinational corporations and large companies (Pillar 2 directive)....
https://knews.kathimerini.com.cy/en/news/cyprus-projects-€1-13-billion-fiscal-surplus-for-2025
Cyprus is on track to achieve a fiscal surplus of €1.13 billion in 2025, amounting to 3.3% of GDP, according to the state budget presented to the House of Representatives on Thursday. ...
https://knews.kathimerini.com.cy/en/news/olive-oil-and-potato-prices-surge-in-cyprus-by-over-50
Olive oil and potatoes saw the largest annual price increases in September 2024, surging by 61.3% and 57.7% respectively, according to data from the Cyprus Consumer Association....
https://knews.kathimerini.com.cy/en/news/inflation-slows-to-0-7-in-september-due-to-falling-oil-prices
Inflation hit a three-year low due to the fall in oil prices in September 2024, rising at a rate of 0.7%, according to data released by the Statistical Service on Thursday. The Consumer Price Index (CPI) in September 2024 increased by 0.38 units to 118.48 units compared to 118.10 units in August 2024....
https://knews.kathimerini.com.cy/en/news/cyprus-central-bank-raises-2024-gdp-growth-forecast-to-3-5
The Central Bank of Cyprus (CBC) has revised GDP growth rate up by 0.5 percentage points for 2024, to 3.5%, compared to its forecasts last June, stressing that there does not seem to be any significant negative impact on investments from the conflict in the Middle East.
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https://knews.kathimerini.com.cy/en/business/deloitte-cyprus-issues-its-annual-transparency-report-fostering-resilience-creating-enduring-value
Deloitte Cyprus issued its 13th Transparency Report covering the period from 1 June 2023 to 31 May 2024. ...
https://knews.kathimerini.com.cy/en/business/kpmg-academy-upcoming-seminars-focused-on-professional-growth
The KPMG Academy is celebrating 15 years of delivering top-tier professional development in Cyprus. Known for its high-quality training programs, the Academy is gearing up for the next semester......
https://knews.kathimerini.com.cy/en/news/cyprus-celebrates-64th-independence-day-with-military-parade
Cyprus marked its 64th Independence Day today with a military parade in Nicosia. Key political, religious, and military leaders, including President Nikos Christodoulides and Greece’s President Katerina Sakellaropoulou, attended the event alongside foreign ambassadors and defense officials....
https://knews.kathimerini.com.cy/en/news/us-urges-tighter-oversight-of-cypriot-service-providers-to-combat-financial-crime
Cypriot accountants and lawyers are under pressure from U.S. authorities to align with banking standards in combating financial crime. ...
