https://knews.kathimerini.com.cy/en/news/soaring-insurance-costs-push-global-shipping-rates-up-233
Global trade has faced immense pressure since last October when the war in the Near East erupted following the terrorist attack by the Palestinian group Hamas against Israel. ...
https://knews.kathimerini.com.cy/en/business/over-1-65-million-visitors-mark-a-2-4-increase-in-cyprus-tourism
Tourist arrivals in Cyprus surged past 1.65 million in the first half of 2024, marking a 2.4% increase from the previous year, according to the Statistical Service of Cyprus (CyStat). The influx of visitors in June, the start of the summer season, rose by 5.5% compared to June 2023....
https://knews.kathimerini.com.cy/en/news/cypriot-neurosurgeon-sentenced-for-fraud
A Cypriot neurosurgeon has been sentenced to 32 months in prison for deceiving patients and defrauding the General Health System. ...
https://knews.kathimerini.com.cy/en/business/american-medical-center-expands-to-limassol
The American Medical Center (AMC)/American Heart Institute (AHI) is expanding its presence in Limassol with a new private hospital, marking a significant milestone as the institution celebrates its 25th anniversary, according to a report by Anna Polyviou....
https://knews.kathimerini.com.cy/en/news/russian-tech-professionals-flock-to-cyprus-despite-sanctions
A recent study by the PACE think tank has underscored the profound transformation of Cyprus' economy amid Western sanctions and the aftermath......
https://knews.kathimerini.com.cy/en/business/cyprus-surges-in-high-speed-internet-and-tech-jobs
Cyprus is making notable progress in its digital transformation, with coverage of very high capacity networks (VHCN) reaching 77.1% in 2023, a 28.5% increase from the previous year, according to the Deputy Ministry of Research, Innovation, and Digital Policy....
https://knews.kathimerini.com.cy/en/business/cyprus-boomed-in-2022-with-more-jobs-and-better-services
Cyprus saw a widespread boost in economic activity last year, according to the latest Services and Transport Survey by Cyprus' statistical agency....
https://knews.kathimerini.com.cy/en/news/cyprus-leads-eu-in-home-sales-by-31
Home sales in Cyprus surged by 31% in 2023 compared to the previous year, the highest increase among European Union countries, according to data released by Eurostat, the EU's statistical service....
https://knews.kathimerini.com.cy/en/news/young-women-look-decades-older-due-to-early-botox-use
Recent Love Island contestants Nicole Samuel, Jess White, and Harriet Blackmore have ignited discussions about the impact of cosmetic procedures on young women's appearances....
https://knews.kathimerini.com.cy/en/business/surge-in-corporate-loans-despite-interest-rate-hike
The Central Bank of Cyprus has released its latest data revealing notable shifts in financial trends for May 2024. Despite a 0.52% uptick in lending rates for non-financial corporations borrowing amounts over €1 million, new loans to these entities surged by 10% compared to the previous month. ...
https://knews.kathimerini.com.cy/en/news/green-line-trade-and-crossings-surge-irregular-migration-declines
Trade and personal crossings across the Green Line in Cyprus saw significant increases in 2023, while irregular migration dropped by more than 50%, according to the annual European Commission report on the implementation of the Green Line Regulation published Thursday....
https://knews.kathimerini.com.cy/en/news/temu-shein-ali-express-eu-cracks-down-on-chinese-imports
The European Union is taking steps to clamp down on the surge of low-quality Chinese imports flooding its markets. According to sources speaking to the Financial Times, the EU plans to impose tariffs on cheap products from platforms like Temu, Shein, and AliExpress....
https://knews.kathimerini.com.cy/en/news/reflect-festival-highlights-traffic-and-housing-challenges-in-limassol
The recent Reflect Festival brought forth crucial discussions on pivotal issues affecting Limassol, prominently featuring traffic congestion and housing shortages as central topics. ...
https://knews.kathimerini.com.cy/en/news/cyprus-trade-sector-sees-20-7-surge-in-2022-turnover
Turnover in the broad trade sector increased in 2022 by 20.7%, according to the results of the Wholesale and Retail Trade Survey, published by the Statistical Service on Wednesday....
https://knews.kathimerini.com.cy/en/news/biden-considering-withdrawal-from-2024-us-presidential-race
President Joe Biden is under intense scrutiny as he prepares for key public appearances that could determine the future of his 2024 presidential campaign....
https://knews.kathimerini.com.cy/en/business/new-pyramid-scheme-preys-on-cypriots-promising-big-profits
In a report by Hectoras Georgiou from Kathimerini, a new company named Metamax has recently popped up in Cyprus, promising substantial profits to users through its application. ...
https://knews.kathimerini.com.cy/en/news/ecb-concerned-over-cypriot-bank-profit-tax-proposal
In 2023, Cypriot banks reported unprecedented profits, marking a 15-year high, with projections suggesting even greater earnings in 2024....
https://knews.kathimerini.com.cy/en/news/how-russian-lng-still-powers-europe-despite-sanctions
The Yakov Gakkel LNG tanker plays a crucial role in maintaining Europe's gas supply, transporting liquefied natural gas (LNG) from Siberia to European terminals....
https://knews.kathimerini.com.cy/en/news/is-larnaca-the-new-limassol
Larnaca is dynamically emerging as a key player in investments and major developments, making significant strides in recent years and capturing a new image....
https://knews.kathimerini.com.cy/en/news/national-rally-wins-first-round-in-france-s-parliamentary-elections
In a decisive first round of voting, Marine Le Pen's far-right National Rally (RN) emerged as the front-runner in France's parliamentary elections......
https://knews.kathimerini.com.cy/en/news/illegal-residency-soars-in-occupied-cyprus
The number of illegal residents in occupied Cyprus has surged to 83,000, marking a significant increase in undocumented individuals, according to data released by the "Ministry of Interior" and reported by Yeni Duzen newspaper....
https://knews.kathimerini.com.cy/en/comment/opinion/rentals-rise-as-home-ownership-trends-change
Around 20-25 years ago, Cyprus was renowned for having one of the highest rates of home ownership globally, with figures nearly reaching 78% - 80%, as per the data available then....
https://knews.kathimerini.com.cy/en/news/paphos-hoteliers-face-mixed-bag-of-occupancy-rates-in-june
The hotel industry in Paphos province experienced a varied start to June, gradually improving as the month progressed, according to Euripides Loizides, President of the Paphos Hoteliers Association....
https://knews.kathimerini.com.cy/en/news/sweden-s-gang-war-reaches-greece-with-key-arrests
In September 2023, Sweden was rocked by a surge of 12 murders linked to a violent gang war over drug trafficking in cities like Uppsala and Umeå....
https://knews.kathimerini.com.cy/en/news/british-teen-becomes-world-s-first-to-receive-brain-implant-for-epilepsy-control
A UK teenager with severe epilepsy has become the first person in the world to be fitted with a brain implant aimed at bringing seizures under control....
https://knews.kathimerini.com.cy/en/business/heatwave-halts-deliveries-stores-see-orders-plunge-by-up-to-80
A noticeable decrease in store order volume was caused by high temperatures and work stoppages following warnings from the Department of Labor Inspection....
https://knews.kathimerini.com.cy/en/news/trump-donations-surge-after-conviction-beating-biden-by-$60m
Donald Trump’s campaign outraised President Joe Biden by more than $60 million last month, according to federal filings that detailed the Republican fundraising explosion sparked by Trump’s felony convictions....
https://knews.kathimerini.com.cy/en/news/humanitarian-aid-to-gaza-resumes-after-pier-reattached
The transfer of humanitarian aid from Cyprus to Gaza has resumed after US Central Command personnel successfully reattached the command's temporary pier to the Gazan coastline Wednesday, the Pentagon announced on Thursday....
https://knews.kathimerini.com.cy/en/news/donald-sutherland-dead-at-88
Donald Sutherland, the tall, lean, and long-faced Canadian actor renowned for his roles in films such as “The Dirty Dozen,” “MASH,” “Klute,” and “Don’t Look Now,” died Thursday in Miami after a long illness, according to his representatives at CAA. He was 88....
https://knews.kathimerini.com.cy/en/news/scandal-erupts-over-videos-of-women-on-beaches
A scandal has erupted on social media after a woman publicly accused a group of foreigners of filming unsuspecting women on beaches in swimsuits and posting the videos on YouTube....
