https://knews.kathimerini.com.cy/en/news/eurobank-s-q1-profit-boosted-by-41m-from-hellenic-bank-investment
Eurobank reported an adjusted net profit of €383 million for the first quarter of 2024, with €92 million originating from Cyprus. ...
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-earns-€133-million-in-profits
The Bank of Cyprus has announced a robust profit of EUR 133 million for the first quarter of 2024, marking a significant increase from EUR 95 million in the same period last year....
https://knews.kathimerini.com.cy/en/business/paphos-mayor-to-welcome-three-university-backed-startup-ventures
In a move set to bolster innovation and technological advancement, three dynamic startup ventures, handpicked by the American University of Beirut (AUB) and the Zein AUB Innovation Park, are poised to make Paphos their new home. ...
https://knews.kathimerini.com.cy/en/news/netanyahu-we-are-not-a-vassal-state-of-the-us
Israeli Prime Minister Benjamin Netanyahu strongly reacted during a meeting with his security cabinet following President Biden's warning about a potential major attack on Rafah, Axios' Barak Ravid reports....
https://knews.kathimerini.com.cy/en/news/navigating-the-next-steps-in-the-cyprus-issue
The Cyprus problem is entering an intriguing phase following the UN Secretary General's Personal Envoy, Maria Angela Algin Quayar's, rounds of contacts - including three visits to Cyprus and diplomatic engagements in Greece, the UK, Turkey, Berlin, Paris, Brussels, and Moscow....
https://knews.kathimerini.com.cy/en/news/cypriot-banks-set-to-exceed-2023-s-record-profits-in-2024
Cypriot banks are maintaining a low profile, but it's expected that 2024 will bring in higher profits compared to the record-breaking figures of 2023. ...
https://knews.kathimerini.com.cy/en/news/russian-troops-advance-blinken-affirms-us-support-in-ukraine
The escalating conflict in northeastern Ukraine has reached a critical juncture, highlighted by the ominous sight of Russian troops advancing in a frontline town, captured by drone footage....
https://knews.kathimerini.com.cy/en/news/chinese-president-s-visits-to-serbia-and-hungary-yield-new-economic-deals
When Chinese President Xi Jinping visited Hungary last week, he arrived to one of the few places in the European Union where his country is considered......
https://knews.kathimerini.com.cy/en/news/invest-cyprus-takes-strides-to-boost-investments-on-the-island
Invest Cyprus, the national Investment Promotion Authority has been fervently working to position Cyprus as an appealing investment and business hub, ...
https://knews.kathimerini.com.cy/en/comment/opinion/cuellar-urges-cyprus-leaders-to-listen-to-civil-society-for-progress
The UN's personal envoy, Maria Angela Holguin Cuellar, didn't arrange a trilateral meeting with the two leaders during her third visit to Cyprus....
https://knews.kathimerini.com.cy/en/news/hadjimanoli-we-hope-to-expand-into-the-asian-market
Marina Hadjimanoli stepped into her role as Deputy Minister of Shipping amidst a period of upheaval, with the shipping sector grappling with various challenges including geopolitical conflicts and safeguarding supply chains against potential terrorist threats targeting merchant vessels....
https://knews.kathimerini.com.cy/en/news/president-urges-eu-action-for-final-settlement-of-cyprus-problem
The Cyprus problem is a European issue par excellence and the European Union has every interest, but also obligation, to actively contribute through a leading role for its final settlement, using, utilizing all the politico-economic means and tools at its disposal in the context of EU-Turkey relations, President Nikos Christodoulides said in an address at an event on Thursday evening to mark Cyprus' 20th anniversary of accession....
https://knews.kathimerini.com.cy/en/business/global-talent-crisis-desire-for-international-experience-skyrockets
EY survey shows 75% of employers do not have fully developed mobility functions vital for meeting modern business and talent demands....
https://knews.kathimerini.com.cy/en/news/who-bears-responsibility-for-the-energy-transition
Chris Angelides serves as the Managing Director in the oil and gas consulting division of Ernst & Young LLP in Houston....
https://knews.kathimerini.com.cy/en/news/st-kitts-and-nevis-appoints-joseph-borghese-as-special-envoy-for-fdis
In a strategic effort to boost Foreign Direct Investment (FDI) initiatives, the Government of the Federation of St. Kitts and Nevis has appointed His Excellency Joseph Borghese as Special Envoy for Foreign Direct Investments. ...
https://knews.kathimerini.com.cy/en/news/cuellar-s-strategic-plan-to-ease-tensions-in-cyprus-problem
The return of UN Secretary-General's Personal Envoy, Maria Angela Holguín Cuéllar, to Nicosia on Tuesday evening marks a pivotal moment since her appointment last January and holds the key to breaking the ongoing seven-year deadlock in Cyprus talks. ...
https://knews.kathimerini.com.cy/en/news/usa-bipartisan-bill-aims-to-end-us-arms-embargo-on-cyprus
In a bipartisan effort, four Greek American members of the House of Representatives introduced a bill on Wednesday aimed at lifting the US arms embargo on Cyprus and abolishing the annual renewal requirement....
https://knews.kathimerini.com.cy/en/news/eac-chairman-george-petrou-dives-into-energy-storage-advancements
George Petrou, the newly appointed chairman of the Electricity Authority of Cyprus (EAC), faces a daunting task as he takes the helm during a turbulent......
https://knews.kathimerini.com.cy/en/news/six-new-cameras-installed-to-monitor-traffic-violations-in-nicosia
In a proactive move aimed at enhancing road safety measures, authorities in the province of Nicosia have expanded the deployment......
https://knews.kathimerini.com.cy/en/news/european-airfares-hit-20-30-increase-from-2019-to-2023
Throughout the summer of 2023, air travel across Europe witnessed a significant uptick in prices, with fares soaring 20 to 30% higher compared to pre-pandemic levels in 2019, according to recent data from E data.E. released in October....
https://knews.kathimerini.com.cy/en/news/former-central-bank-governor-reflects-on-achievements-and-future-plans
In an exclusive interview with Andreas Kimitris of Kathimerini, former Cyprus Central Bank Governor Constantinos Herodotou delved into various aspects of his tenure and the hurdles encountered during his term. ...
https://knews.kathimerini.com.cy/en/news/macron-declares-europe-is-mortal-calls-for-unity
The 27-country bloc needs to urgently rethink its defence and economic models to not fall behind its rivals, the French leader said.
...
https://knews.kathimerini.com.cy/en/news/eurobank-set-to-dominate-cyprus-insurance-scene-with-hellenic-stake
As Eurobank eagerly anticipates the green light from regulatory bodies such as the European Central Bank, the Central Bank of Cyprus, and the Companies Registrar for its acquisition of 55% ownership......
https://knews.kathimerini.com.cy/en/news/mckinsey-leaders-convene-at-green-agenda-cyprus-summit
Georgios D. Tsopelas embarked on his McKinsey journey in London back in 1994, blazing a trail that led to the establishment of the Athens office in 2000. ...
https://knews.kathimerini.com.cy/en/news/the-birth-of-bank-of-cyprus-in-1899
The narrative of the Bank of Cyprus, the venerable cornerstone of the island's financial landscape, traces its origins back to January 1, 1899. This pivotal moment heralded a new era not only for Cyprus's economy but also for its societal fabric....
https://knews.kathimerini.com.cy/en/business/€182m-deal-marks-hellenic-s-strategic-move-into-insurance-sector
CNP Cyprus, the subsidiary of the French insurance giant CNP Assurances, is finally being transferred to Hellenic Bank for €182 million....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-s-role-in-the-euro-turkish-equation
On a communicative level, as is customary, Nicosia may project a triumphant image regarding the interconnection between Cyprus and Euro-Turkish relations. However, both the final phrasing of the conclusions and Cyprus's initial aspirations argue in the opposite direction.
...
https://knews.kathimerini.com.cy/en/business/imported-wine-squeezes-cyprus-market
According to Kathimerini reporter, Andreas Karamitas, wine marketing in Cyprus boasts an annual turnover of approximately €7 million, a sum primarily fueled by domestic consumption rather than exports, which only account for around €1 million. ...
https://knews.kathimerini.com.cy/en/news/larnaca-s-homeless-to-benefit-from-xenios-shelter-initiative
The Programme ''Xenios'' for the support and reintegration of homeless, was presented Monday in Larnaca at a press conference.
...
https://knews.kathimerini.com.cy/en/news/un-envoy-sparks-eu-turkey-clash-with-crucial-20-day-mission
The upcoming 20-day stretch, commencing this Thursday, holds immense significance in the ongoing efforts to break the deadlock in Cyprus....
