https://knews.kathimerini.com.cy/en/news/europe-wants-to-stay-competitive-but-it-needs-more-workers
Limited resources and a shortage of workers are among Europe’s biggest challenges, Greek Deputy Foreign Minister Tasos Chatzivasileiou said at The Economist’s 22nd Annual Cyprus Summit in Nicosia. The question, he said, is how Europe can turn those pressures into opportunities....
https://knews.kathimerini.com.cy/en/business/cyprus-can-attract-investors-but-can-it-make-it-easier-for-them-to-grow
A small business can find a funding program that fits its plans and still struggle to get through the application. A company looking to expand can spend months waiting for a decision without knowing when it will come. ...
https://knews.kathimerini.com.cy/en/business/lidl-launches-international-christmas-campaign
At the heart of this year's Christmas campaign is Niko the Nutcracker. As the figurehead of the campaign, he breaks free from his traditional role and invites everyone to rediscover the magic of enjoyment. With high quality, a wide variety of products and affordable prices, Lidl makes these special moments of enjoyment accessible to everyone. The campaign is complemented by a vegetarian Christmas menu and national donation initiatives, such as the Corporate Social Responsibility campaign supporting the Cyprus Anti-Cancer Society.
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https://knews.kathimerini.com.cy/en/business/construction-needs-5-000-more-workers-who-gets-to-hire-them
The labor shortage in Cyprus’ construction industry is getting worse. Building activity is picking up, new projects are getting underway, and employers are struggling to fill skilled jobs....
https://knews.kathimerini.com.cy/en/news/nvidia-looks-into-claims-its-ceo-was-targeted-by-spies
A group photo at a Taipei bar in 2024 and footage outside a restaurant a year later offer two rare public glimpses of Nvidia CEO Jensen Huang alongside Alice Huang, an executive at one of the chipmaker’s customers....
https://knews.kathimerini.com.cy/en/business/once-upon-a-winter-at-minthis
Before the first light twinkles and the first wish is whispered, something begins to stir in the landscape at Minthis.
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https://knews.kathimerini.com.cy/en/news/christodoulides-wants-cyprus-on-a-new-trade-route-from-india-to-europe
Cyprus can’t move itself on the map. But it can change what it does with its location, President Nikos Christodoulides said Monday as he made the case for a Cypriot role in a proposed trade route linking India and Europe through the Middle East....
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-introduces-cyprus-first-ai-banking-assistant
Bank of Cyprus has become the first bank in Cyprus to offer an AI banking assistant with the launch of DANAI, a new digital service that harnesses Artificial Intelligence to make everyday banking support even simpler and more immediate. Through the Bank’s Mobile App, customers can quickly receive answers to everyday banking questions at any time of the day.
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https://knews.kathimerini.com.cy/en/business/fitch-upgrades-cyprus-to-‘a-on-strength-of-public-finances
Cyprus has received another credit rating upgrade, with Fitch Ratings raising the country’s long-term rating from ‘A-’ to ‘A’, citing strong public finances, falling debt levels and continued economic growth....
https://knews.kathimerini.com.cy/en/news/gsi-s-final-cost-remains-unclear
The Great Sea Interconnector (GSI) still lacks a reliable final cost estimate and a firm timetable for completing its assessment, as the European Investment Bank awaits clarification of crucial technical, financial and contractual details....
https://knews.kathimerini.com.cy/en/business/cyprus-falls-behind-in-the-race-to-become-a-regional-trade-hub
Cyprus’ ambition to become a regional trade hub is running up against reality. Its strategic location offers clear advantages, but turning those advantages into a competitive trading center remains a distant prospect....
https://knews.kathimerini.com.cy/en/news/seven-limassol-communities-get-access-to-small-business-grants-of-up-to-€50-000
If you’ve been thinking about opening a day care center in Pissouri or expanding a creative workshop in Episkopi, a new grant could cover half the cost. A €250,000 scheme is offering up to €50,000 per project to very small and small businesses in seven Limassol district communities....
https://knews.kathimerini.com.cy/en/business/cyprus-s-external-gap-widens-as-growth-holds-up
Cyprus’s economy continues to expand, but the widening imbalance in its external accounts deserves closer attention. The current account records earnings and payments between Cyprus and the rest of the world, covering trade, investment income and transfers (e.g., from the European Commission). The Central Bank of Cyprus’s revised figures put the 2025 deficit at 8.8% of GDP, compared with 6.4% previously reported (Figure 1). By contrast, the 2024 deficit was revised to 5.5% of GDP, down from 8.2% previously reported. These changes show that the gap widened in 2025, reversing the earlier picture of improvement. Figures for the first six months of 2026 show further pressure.
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https://knews.kathimerini.com.cy/en/business/alphamega-hypermarkets-light-up-christmas
Alphamega Hypermarkets are ready to welcome the festive season with a celebration for the whole family! On Saturday, 21 November, the Engomi, Kapsalos, Paphos Aphrodite and Astromeritis stores will come alive with music, games, delicious treats and Christmas surprises.
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https://knews.kathimerini.com.cy/en/news/cyprus-looks-to-turn-closer-us-ties-into-business-at-home
The American Chamber of Commerce in Cyprus brought diplomats and business leaders together Friday to discuss how to make it easier for U.S. companies to invest on the island and for Cypriot firms to find partners abroad....
https://knews.kathimerini.com.cy/en/business/lidl-cyprus-ja-cyprus-training-mentors-in-sustainable-entrepreneurship-for-the-6th-cycle-of-‘mind-reset
Environmental awareness is cultivated from an early age, and education serves as the most powerful tool for shaping responsible attitudes and behaviours. Guided by this philosophy, Lidl Cyprus recently hosted a training session at the Lidl Food Academy for educators participating in the 6th cycle of the mind REset educational programme. The initiative is implemented in collaboration with Junior Achievement Cyprus, the Ministry of Education, Sport and Youth as an institutional partner, and is held under the auspices of the Ministry of Agriculture, Rural Development and Environment.
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https://knews.kathimerini.com.cy/en/news/drivers-could-keep-fuel-tax-break-until-march
Finance Minister Makis Keravnos will ask Cabinet to extend the tax break on petrol and diesel, possibly until March 2027, giving drivers a chance to hold on to some relief at the pump. ...
https://knews.kathimerini.com.cy/en/business/cyprus-businesses-pay-more-to-keep-the-lights-on
Businesses in Cyprus paid about 28% more for electricity than the EU average in the first half of 2026, according to Eurostat figures released Wednesday....
https://knews.kathimerini.com.cy/en/business/petrolina-long-standing-sponsor-of-the-let-s-do-it-cyprus-campaign
Committed to protecting the natural environment and raising environmental awareness, Petrolina continues to support Cyprus’s largest environmental campaign, Let’s Do It! Cyprus, which it has sponsored since 2014. This year, the company is participating as a Silver Sponsor of Let’s Do It! Cyprus 2026.
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https://knews.kathimerini.com.cy/en/business/university-of-limassol-s-dr-petros-constantinides-honoured-at-the-cyprus-review-annual-book-awards-2026
A significant academic distinction has been awarded to Dr Petros Constantinides, Lecturer in Public Law at the Department of Law of the University of Limassol (UoL), who received the “Constantinos Emilianides Award” in the Law category at the Cyprus Review Annual Book Awards (CRABA) 2026.
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https://knews.kathimerini.com.cy/en/business/ey-cyprus-earns-2026-2027-great-place-to-work-certification
EY Cyprus is proud to be Certified™ by Great Place To Work® for October 2026 - 2027. The prestigious award is based entirely on what current employees say about their experience working at EY Cyprus. 91% of employees said that when you join the company, you are made to feel welcome.
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https://knews.kathimerini.com.cy/en/news/cyprus-banks-must-hold-extra-capital-to-continue-lending-in-a-crisis
Markets are volatile, the war in the Middle East shows no sign of ending, and inflation continues to rise. The energy crisis is deepening concerns, while the prices of goods and fuel remain high. ...
https://knews.kathimerini.com.cy/en/news/democrats-win-congress-in-blow-to-trump-as-cyprus-watches-iran-war
Democrats won control of both the U.S. House and Senate in Tuesday’s midterm elections, dealing President Donald Trump a sharp setback and setting up a fight over how he handles the war with Iran....
https://knews.kathimerini.com.cy/en/life/christoudia-winery-offers-a-taste-of-cyprus-through-wine-and-tradition
Featured in WIZ Guide, Christoudia Winery in Kato Drys offers visitors a taste of Cypriot wine culture through guided winery tours, tastings of indigenous grape varieties and traditional local food. The family-run estate combines its winemaking heritage with a countryside experience among the vineyards....
https://knews.kathimerini.com.cy/en/news/europol-led-investigation-on-global-investment-fraud-brings-three-arrests-in-limassol
Three women have been arrested in Limassol as part of an international investigation into an alleged online investment fraud network suspected of supporting scams targeting victims in more than 50 countries....
https://knews.kathimerini.com.cy/en/news/greek-butcher-shop-hit-in-refrigeration-cyberattacks-should-cypriot-retailers-be-worried
A butcher’s shop in the Athens suburb of Kifisia has been targeted in a cyberattack on its refrigeration equipment, Greek media reported on Tuesday, adding a local dimension to a series of incidents that have disrupted supermarket cooling systems across Europe....
https://knews.kathimerini.com.cy/en/business/petrolina-platinum-sponsor-of-the-radisson-hotels-larnaka-marathon
Petrolina, Platinum Sponsor since the very first year of the Radisson Hotels Larnaka Marathon, continues to energise one of Cyprus’s most significant sporting events, contributing to its continued success. This year’s Marathon will take place on Sunday, 15 November 2026.
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https://knews.kathimerini.com.cy/en/business/teamlidl-in-action-the-people-of-lidl-cyprus-and-akti-joined-forces-to-protect-our-coastlines-as-part-of-project-zero
With a steadfast commitment to sustainable development and environmental protection, Lidl Cyprus—in collaboration with the AKTI Research and Project and Centre—organised another voluntary coastal cleanup as part of its "Project Zero" environmental initiative. This effort reaffirms the company’s long-standing dedication to protecting the natural environment and fostering environmental awareness.
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https://knews.kathimerini.com.cy/en/business/freedom24-plans-geneva-office-for-q1-2027-deepening-ties-with-swiss-finance-and-research
Geneva combines international finance, wealth management and institutional trust with access to world-class research and innovation. Freedom24 sees opportunities to connect its digital financial expertise and the group’s technological capabilities with Switzerland’s financial and scientific ecosystem.
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https://knews.kathimerini.com.cy/en/life/visiting-my-hometown-as-a-tourist
My grandmother and mother are among those displaced in 1974 from Famagusta, and if the war had never happened, I would have been raised there. ...
