https://knews.kathimerini.com.cy/en/comment/opinion/the-quiet-city-turning-into-cyprus-new-investment-hotspot
A new skyline is rising in Larnaca, complete with modern high-rises and upscale mixed-use developments....
https://knews.kathimerini.com.cy/en/business/€14-million-in-unpaid-vat-gone
Tensions ran high at the House Audit Committee on Thursday after MPs discovered that ''Blue Ocean,'' a Cyprus-based company linked to Abramovich, was dissolved in 2024 without settling a €14 million VAT bill, a debt that’s been on the books since at least 2010....
https://knews.kathimerini.com.cy/en/news/cyprus-wants-you-back
What if the next big thing for Cyprus... is bringing its people back?...
https://knews.kathimerini.com.cy/en/business/indian-giants-thomas-cook-and-ltimindtree-launch-operations-in-cyprus
Two major Indian companies, Thomas Cook India and LTIMindtree, are officially setting up operations in Nicosia, marking a significant step in strengthening business ties between Cyprus and India....
https://knews.kathimerini.com.cy/en/news/working-hard-or-hardly-working-cyprus-puts-in-more-hours-than-most-of-europe
If you’re clocking in around 38 hours a week in Cyprus, you’re pretty much sticking to the same grind as last year, and just a bit above the European average....
https://knews.kathimerini.com.cy/en/news/kidnapping-attempts-in-france-target-families-of-crypto-executives-video
A terrifying pattern is emerging in France, where families of cryptocurrency executives are being targeted in violent and high-stakes abduction attempts....
https://knews.kathimerini.com.cy/en/business/cyprus-borrowers-are-back-as-loan-demand-soars-in-2025
Cyprus banks had a busy first quarter in 2025, handing out €1.24 billion in new loans, as falling interest rates sparked renewed interest in borrowing....
https://knews.kathimerini.com.cy/en/news/christianna-diogenous-georgios-kazantzis-and-joseph-antoniou-to-speak-at-the-green-agenda-cyprus-summit
This year’s Sustainable Development Conference is dedicated to supporting and strengthening Cyprus’ national strategy for a Green Transition....
https://knews.kathimerini.com.cy/en/business/may-newsletter-of-k-treppides-co-ltd-–-09-05-2025
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....
https://knews.kathimerini.com.cy/en/comment/opinion/fix-the-roads-save-lives
Just two days ago, new data was released on fatal road collisions by district, covering the year so far. Sadly, not a single silver lining can be drawn from the figures. ...
https://knews.kathimerini.com.cy/en/business/apartments-take-the-lead-in-cyprus-property-market-boom
Apartments were the standout performers in Cyprus' real estate market in 2024, taking the lead in both sales volume and overall value, according to a detailed analysis by Landbank Analytics....
https://knews.kathimerini.com.cy/en/news/cyprus-faces-eu-fines-over-toxic-landfills-12-years-and-still-no-cleanup
The European Commission has had enough. Back in 2013, the European Court of Justice found that Cyprus had violated EU waste rules at two landfill sites in Kotsiatis and Vati. ...
https://knews.kathimerini.com.cy/en/business/new-15-tax-hits-hellenic-hard-as-profits-drop-by-half
Hellenic Bank has just become the poster child for how Cyprus’ new 15% minimum tax law is starting to shake up the financial sector — and it’s not just about tax bills....
https://knews.kathimerini.com.cy/en/news/cyprus-courts-facing-backlog-of-non-performing-loan-cases
There are currently 3,000 unresolved cases involving unpaid loans piling up in Cyprus' courts. These cases are being handled by judges based on the workload of each district court....
https://knews.kathimerini.com.cy/en/business/end-of-an-era-era-department-stores-changing-hands-for-just-€1-but-there-s-more-to-the-story
In a surprising but strategic move, Ermes Department Stores Plc announced that it is selling off all four ERA department stores to Gencom Ltd., and the official sale price is just €1....
https://knews.kathimerini.com.cy/en/business/cyprus-struggles-to-fill-jobs-amid-booming-sectors-red-tape
Cyprus is facing ongoing labor shortages across critical sectors, with acute gaps in professional drivers and nursing staff threatening service quality for both residents and tourists....
https://knews.kathimerini.com.cy/en/news/cypriot-banks-on-the-rise-as-credit-upgrades-could-mean-cheaper-loans-for-all
Cypriot banks are starting 2025 on a high note, collecting credit upgrades from major international rating agencies and setting the stage for wider economic benefits that could reach the average citizen....
https://knews.kathimerini.com.cy/en/news/surprise-surprise-cyprus-near-the-top-again-in-eu-electricity-costs
Cyprus had the second highest electricity prices in the European Union relative to consumer purchasing power in the second half of 2024, according to new data from Eurostat, the EU’s statistical agency....
https://knews.kathimerini.com.cy/en/news/excavation-without-permit-linked-to-collapse-that-caused-hazardous-gas-leak-in-engomi
A gas leak in Engomi on May 4 was likely caused by liquefied petroleum gas (LPG) cylinders falling during a landslide near a construction site, authorities said Monday....
https://knews.kathimerini.com.cy/en/news/pwc-cyprus-the-cypriot-real-estate-market-maintained-its-momentum-in-2024
PwC Cyprus presents its annual report on the Cypriot real estate market, outlining the main developments and trends of the sector during 2024, through detailed analysis and the use of extensive databases as well as the firm’s sectoral expertise....
https://knews.kathimerini.com.cy/en/news/they-knew-but-didn-t-warn-the-public
Even after lives were lost and families shattered, Cyprus’ Road Transport Department failed to properly inform the public about the dangers of defective Takata airbags....
https://knews.kathimerini.com.cy/en/comment/opinion/why-london-s-real-estate-market-remains-one-of-the-most-liquid-in-the-world
London’s property market has long been considered a safe bet for investors. The reason? It’s all about liquidity. ...
https://knews.kathimerini.com.cy/en/business/emirates-and-aegean-enhance-partnership-to-offer-reciprocal-loyalty-benefits
Emirates Skywards members can now earn and redeem Miles on all flights operated by AEGEAN; and similarly, Miles+Bonus members can earn and redeem miles on all flights operated by Emirates....
https://knews.kathimerini.com.cy/en/news/cyprus-hits-employers-with-massive-€156-000-in-fines-over-illegal-employment
Authorities in Cyprus have fined 24 employers a total of €156,000 and filed charges after discovering 34 foreign nationals working illegally during a week-long immigration enforcement campaign....
https://knews.kathimerini.com.cy/en/news/jumbo-eyes-larnaca-and-protaras-for-future-expansion-but-no-timeline-yet
Retail giant Jumbo has confirmed its interest in opening two new stores in Cyprus, one in Larnaca and another in Protaras, but clarified that there’s no set plan or timeframe at this stage. ...
https://knews.kathimerini.com.cy/en/news/freedom24-makes-waves-in-thrilling-winter-regatta-finale
On the 27th of April in Limassol Marina the final stage of the Fareast 28R Cyprus Winter Grand Prix regatta came to an end. The fastest team was the Estonian Clean Energy team led by former European and World Champion Mati Sepp....
https://knews.kathimerini.com.cy/en/news/transport-ministry-to-relaunch-electric-car-grants-after-public-backlash
The Cypriot government is preparing new grant schemes to support the purchase of electric cars, following criticism over its recent decision to scale back an earlier subsidy program due to low uptake....
https://knews.kathimerini.com.cy/en/business/european-hoteliers-take-on-booking-com-over-high-commissions
Hoteliers across Europe are once again taking aim at Booking.com, accusing the popular online platform of exploiting its dominant position in the market....
https://knews.kathimerini.com.cy/en/business/cypriots-eye-business-opportunities-but-fear-of-failure-still-looms
A growing number of Cypriots believe the island is ripe for starting a business—but fear of failure is still holding many back, according to the National Report on Entrepreneurship in Cyprus 2023/2024, released Tuesday by the Centre for Entrepreneurship at the University of Cyprus....
https://knews.kathimerini.com.cy/en/news/george-demosthenous-maria-panayiotou-michalis-persianis-to-speak-at-green-agenda-cyprus-summit
This year’s sustainable development conference puts the spotlight on strengthening Cyprus’s national strategy for the Green Transition. The primary goal is to position the country as a model of environmental responsibility and sustainable growth, making a meaningful contribution toward a greener, more resilient future....
