https://knews.kathimerini.com.cy/en/business/cyprus-s-credit-rating-boosted-as-public-debt-drops-and-economy-strengthens
Cyprus’s long-term sovereign credit rating has been upgraded by Scope Ratings to A from A-, with a stable outlook, reflecting sharp falls in public debt, ongoing budget surpluses, and a stronger banking sector....
https://knews.kathimerini.com.cy/en/business/paphos-surpasses-limassol-in-luxury-prices-signaling-shift-in-cyprus-property-power
Cyprus’ new-build property market closed the first 10 months of 2025 on a strong note, with Limassol once again emerging as the undisputed heavyweight in both value and activity....
https://knews.kathimerini.com.cy/en/news/cyprus-plans-to-deliver-244-affordable-new-homes-by-year-s-end
The Cyprus Land Development Organization (KOAG) expects to deliver 244 new homes across the island by the end of 2026, the agency’s general director, Eleni Symeonidou, told lawmakers Monday during a parliamentary review of the organization’s budget....
https://knews.kathimerini.com.cy/en/comment/opinion/the-president-s-band-aid-solutions
The President, in the so-called State of the Union, was less pompous than in previous years and attempted to highlight the three areas society records as positives for the government and for himself. Once again, he lined up secondary measures, band-aids, to treat deep-rooted pathologies that require radical therapies....
https://knews.kathimerini.com.cy/en/business/they-came-to-clean-hotels-but-ended-up-working-in-constructions-sites
A long-running problem in Cyprus’ labor market is still going strong: foreign workers brought into the country as hotel cleaners are ending up on construction sites, often through shell companies that exist largely on paper....
https://knews.kathimerini.com.cy/en/news/migration-and-global-turmoil-dominate-cypriots-fears
A new Eurobarometer survey commissioned by the European Parliament shows that Europeans are increasingly uneasy about global instability, with Cypriots expressing some of the strongest concerns across the EU, particularly on migration....
https://knews.kathimerini.com.cy/en/news/ai-factory-schengen-push-and-gas-deal-with-israel-christodoulides-unveils-55-point-plan-in-state-of-the-union-address
President Nikos Christodoulides on Thursday evening presented the government’s Official Planning for 2026, described as the “State of the Union 2026”, from the Presidential Palace, outlining more than 55 initiatives across all sectors....
https://knews.kathimerini.com.cy/en/business/nicosia-girls-school-building-to-become-university-of-cyprus-archaeology-hub
After years of back-and-forth, a deal has finally been struck over the historic girls’ school in Faneromeni. The building will now be handed over to the University of Cyprus, which plans to house its Department of History and Archaeology along with the university’s Archaeology unit....
https://knews.kathimerini.com.cy/en/business/unemployment-edges-down-in-january
Unemployment in Cyprus continued to edge down in January, offering another small but steady sign that the job market is holding up....
https://knews.kathimerini.com.cy/en/news/corbyn-cyprus-base-used-to-transit-weapons-to-israel
Cyprus is increasingly involved in the Israel-Palestine conflict, with the British base at Akrotiri reportedly serving as a transit point for weapons deliveries to Israel, according to Jeremy Corbyn, former UK Labour leader and co-founder of Your Party....
https://knews.kathimerini.com.cy/en/news/corbyn-claims-akrotiri-base-used-as-transit-hub-for-arms-deliveries-to-israel
Cyprus is being drawn deeper into the ongoing Israel-Palestine conflict, according to British MP Jeremy Corbyn, who claims that the UK’s Sovereign Base Area at Akrotiri is being used as a stopover point for transferring weapons to Israel....
https://knews.kathimerini.com.cy/en/news/electricity-bills-get-a-break-as-cyprus-extends-reduced-vat-until-2027
Households in Cyprus will continue to pay lower VAT on their electricity bills for another year, after the Council of Ministers approved an extension of the reduced tax rate through March 31, 2027....
https://knews.kathimerini.com.cy/en/news/can-cyprus-shoppers-trust-e-kalathi-prices
As the debate over e-kalathi continues, the real question for Cyprus households is a simple one: does it actually help families save money at the supermarket, or does it just add more confusion to an already expensive weekly shop?...
https://knews.kathimerini.com.cy/en/news/kedipes-seals-€361m-loan-management-deal-with-themis
KEDIPES has signed a new deal to manage a loan portfolio worth €361 million, teaming up once again with Themis Portfolio Management....
https://knews.kathimerini.com.cy/en/news/cyprus-debt-drops-faster-than-almost-anywhere-else-in-europe
Cyprus has recorded the third-largest reduction in public debt among European Union countries, President Nikos Christodoulides said on Tuesday, highlighting the island’s strong fiscal performance....
https://knews.kathimerini.com.cy/en/news/cyprus-takes-lead-in-€2-8m-mediterranean-‘bee-economy-project
Cyprus has assumed a coordinating role in a new €2.8 million Mediterranean initiative that aims to turn beekeeping into a lever for rural growth, environmental protection and sustainable tourism....
https://knews.kathimerini.com.cy/en/business/cyta-posts-€85-million-profit-as-digital-infrastructure-investments-accelerate
Cyprus’ state-owned telecommunications provider Cyta reported a sharp rise in profits in 2025 and outlined an ambitious new round of infrastructure investments as it presented its 2026 budget to Parliament on Monday....
https://knews.kathimerini.com.cy/en/news/the-tourism-of-tomorrow-at-the-heart-of-europe
Europe’s sustainable tourism community will gather in Nicosia. The Cyprus Sustainable Tourism Initiative (CSTI) celebrates 20 years of meaningful action in advancing sustainable tourism by organising a high-level European conference titled: “European Conference on Sustainable Tourism - Celebrating 20 Years of CSTI Leadership in Sustainability (2006–2026)”, held under the auspices of the Cyprus Presidency of the Council of the European Union 2026....
https://knews.kathimerini.com.cy/en/business/cyprus-casinos-brace-for-new-competition-from-greece-and-uae
Cyprus’ casino industry is bracing for new competition, with upcoming casinos in Greece and the United Arab Emirates expected to shake up the local market, officials said Thursday....
https://knews.kathimerini.com.cy/en/business/two-year-it-project-at-housing-finance-corporation-drags-on-for-eight-years
A long-delayed technology project at the Housing Finance Corporation (HFC) has resulted in significant additional costs and prolonged dependence on external systems, according to findings presented by the Audit Office to Parliament’s Audit Committee....
https://knews.kathimerini.com.cy/en/news/eu-infringement-package-flags-cyprus-for-delays-across-food-finance-and-energy-rules
The European Commission’s January infringements package has placed Cyprus under renewed scrutiny, with the country cited in a broad range of cases for failing to fully transpose or notify European Union legislation....
https://knews.kathimerini.com.cy/en/news/larnaca-is-about-to-look-very-different
Larnaca is gearing up for a busy and expensive year ahead....
https://knews.kathimerini.com.cy/en/business/from-cement-to-furniture-cyprus-industry-had-a-strong-end-of-year
Cyprus factories were busier than usual in November, and the numbers show it....
https://knews.kathimerini.com.cy/en/news/india-marks-its-77th-republic-day-with-a-celebration-in-nicosia
Monday night at the newly refurbished Landmark Hotel, India’s 77th Republic Day came alive in Cyprus with a mix of diplomacy, culture, and a little bit of sparkle. ...
https://knews.kathimerini.com.cy/en/business/with-the-support-of-lidl-cyprus-the-5th-mind-reset-showcased-children-s-green-ideas
The mind REset educational environmental program of Junior Achievement Cyprus, with Lidl Cyprus as its strategic partner, once again implemented the Trade Fair, inviting the public to visit Metropolis Mall in Larnaca and witness firsthand the student teams that transformed creativity into solutions with social and environmental impact....
https://knews.kathimerini.com.cy/en/comment/opinion/2026-will-define-the-eurozone-s-future
The Eurozone faces a range of risks, foremost among them those stemming from the external environment. Specifically, there is the risk that global growth and international trade could be affected by a peak in geopolitical tensions....
https://knews.kathimerini.com.cy/en/business/limassol-cracks-down-on-foreign-run-shops
Authorities in Limassol are stepping up inspections of barbershops and small businesses run by foreigners, following a wave of complaints and arrests, officials said Tuesday....
https://knews.kathimerini.com.cy/en/business/cyprus-becomes-india-s-gateway-to-europe-as-landmark-trade-deal-takes-effect
A fresh momentum is taking hold in Cyprus-India commercial relations, thanks to the free trade agreement recently finalized between the European Union and India. The deal promises lower tariffs on European products and smoother access to the vast Indian market....
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-shares-surge-to-15-year-high
When the investment fund Lone Star Funds “courted” Bank of Cyprus in the summer of 2022, offering just under €2 per share, well above its market price at the time, it clearly saw potential. ...
https://knews.kathimerini.com.cy/en/business/europe-bets-big-on-india-after-signing-the-mother-of-all-deals
In a clear signal that Europe is reshaping its global alliances, the European Union and India have finalized a free-trade agreement after nearly 20 years of talks, aiming to reduce EU dependence on the U.S. and China and strengthen ties with Asia’s fastest-growing economy....
