https://knews.kathimerini.com.cy/en/news/cyprus–crete-cable-surveys-move-ahead-but-€25-million-payment-is-still-pending
The French research vessel Abeille Marengo moved into waters off Kasos and Karpathos around midnight Wednesday to begin seabed surveys for the installation of the electricity cable linking Cyprus and Crete. ...
https://knews.kathimerini.com.cy/en/news/nearly-4-in-5-euros-in-foreign-investment-traced-to-investors-outside-the-eu
Follow the money past the company that sent it, and a clearer picture emerges of who invests in Cyprus. At the end of 2025, investors based outside the European Union ultimately accounted for 79.4% of the foreign direct investment held in the country,...
https://knews.kathimerini.com.cy/en/news/big-bank-profits-bigger-plans-for-shareholder-payouts
Banks operating in Cyprus and Greece reported nine-month results that lay solid foundations for a strong 2027. Profits topped €1 billion in some cases, helped substantially by net interest income as interest rates moved in the banks’ favor....
https://knews.kathimerini.com.cy/en/business/cyprus-sets-target-of-3-000-ai-professionals-by-2032
Cyprus aims to develop at least 3,000 artificial intelligence professionals by 2032, as the Government steps up efforts to prepare the workforce and education system for the growing role of the technology....
https://knews.kathimerini.com.cy/en/news/former-energy-minister-alleges-business-interests-stood-in-the-way-of-cheaper-electricity
Former Energy Minister Giorgos Papanastasiou has alleged that business interests with political connections interfered with plans for the Vasiliko gas terminal, a project meant to help Cyprus produce electricity at a lower cost....
https://knews.kathimerini.com.cy/en/life/knight-s-pub-restaurant-has-been-serving-up-family-tradition-and-award-winning-flavours-since-1988
Established in 1988, Knight’s Pub Restaurant in Protaras combines four decades of family hospitality with award-winning grills, fresh seafood, creative cocktails and home-grown organic ingredients. From relaxed lunches to lively evenings, it remains a place where good food and a welcoming atmosphere bring people together....
https://knews.kathimerini.com.cy/en/news/home-prices-rose-in-cyprus-but-did-household-incomes-keep-up
If you spent last year saving for a flat, a steady housing index might sound at odds with what you saw in the listings....
https://knews.kathimerini.com.cy/en/news/eu-weighs-higher-taxes-on-cigarettes-and-vapes
A €4.80 pack of cigarettes in Greece already includes about €3.83 in taxes. European Union finance ministers meet Monday in Brussels to try to agree on how much higher tobacco taxes should go and how quickly countries should have to raise them....
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/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/news/ancient-sanctuary-and-settlement-uncovered-in-nicosia-district
Archaeological investigations in the Peristerona River valley have identified evidence of an Iron Age sanctuary and a settlement linked to copper production, offering new insight into the area's history during antiquity....
https://knews.kathimerini.com.cy/en/news/cyprus-wages-are-rising-but-the-eu-average-is-still-€12-000-higher
The average full-time salary in Cyprus rose by about €117 a month last year before deductions. That put annual pay just shy of €30,000, still nearly €12,000 below the European Union average....
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/news/hotel-demolition-in-lapithos-opens-new-search-for-cyprus-missing
Nearly four decades after a worker reported finding human remains beneath a hotel under construction in Lapithos, archaeologists are watching the unfinished building come down. ...
https://knews.kathimerini.com.cy/en/news/cristiano-ronaldo-to-retire-from-protugal-s-national-team
Cristiano Ronaldo is getting ready to hand back Portugal’s No. 7 shirt. The 41-year-old forward announced Thursday that he will retire from international football after the November break, ending a 23-year run with the national team that took him to six World Cups and brought Portugal its first major trophy....
https://knews.kathimerini.com.cy/en/news/eu-and-uk-near-deal-to-cut-university-tuition-fees-for-european-students
European students could soon pay less to study at universities in the United Kingdom, as the EU and British government approach an agreement on tuition fees that increased significantly following Brexit....
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/comment/opinion/tourists-kept-coming-to-cyprus-so-why-did-hotel-profits-fall
Tourism directly accounts for 13% to 15% of Cyprus’ GDP, and more than 25% once we count the economic activity it supports along the way....
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/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. ...
https://knews.kathimerini.com.cy/en/news/cyprus-shoppers-bought-more-in-september-then-grew-less-confident
Drivers in Cyprus spent 29.3% more on fuel in September than they did a year earlier, even though they bought slightly less of it. At clothing and shoe shops, the picture was different. Sales rose 22.5% after adjusting for price changes....
https://knews.kathimerini.com.cy/en/news/cypriots-keep-travelling-despite-rising-airfares
Cypriots’ appetite for travel remains undiminished despite rising airfares. Ticket prices have already increased, but—for now, at least—people are not cutting back on trips abroad....
https://knews.kathimerini.com.cy/en/news/uae-moves-closer-to-permanent-embassy-in-israel
Israeli planning authorities have approved plans for a permanent United Arab Emirates embassy in Herzliya, allowing a building of up to 15 floors, six years after the countries established diplomatic relations under the U.S.-brokered Abraham Accords....
https://knews.kathimerini.com.cy/en/business/binance-halts-withdrawals-after-$6-3-billion-crypto-attack
Customers of cryptocurrency exchange Binance face a wait to withdraw their money after a cyberattack affected an estimated $6.3 billion in digital assets, potentially making it the largest cryptocurrency theft on record....
https://knews.kathimerini.com.cy/en/news/justice-ministry-disputes-claim-that-serious-crime-is-surging-by-27
The Ministry of Justice has challenged interpretations of a reported 27% increase in serious crime, arguing that the figure reflects the discovery of previously undetected offences rather than a rise in criminal activity....
https://knews.kathimerini.com.cy/en/business/cyprus-china-trade-surges-26-to-$1-44-billion-in-2025
Cyprus-China bilateral trade reached $1.44 billion in 2025, rising by 26% as both countries seek to expand cooperation in investment, technology, tourism and renewable energy. The Cyprus-China Cooperation and Entrepreneurship Forum in Nicosia brought together business leaders and local officials to explore new commercial partnerships....
https://knews.kathimerini.com.cy/en/news/abbas-in-cyprus-for-talks-on-gaza-aid-regional-tensions-and-cyprus-problem
Palestinian President Mahmoud Abbas is visiting Cyprus for talks on Gaza, regional developments and the island’s role in getting humanitarian supplies to people in need....
https://knews.kathimerini.com.cy/en/news/even-coffee-is-taking-a-bigger-bite-out-of-cyprus-budgets
A cup of coffee is becoming an increasingly costly habit for consumers in Cyprus, with prices for both traditional Cypriot and instant coffee climbing over the past year....
https://knews.kathimerini.com.cy/en/news/three-cypriot-academics-named-among-world-s-top-2-of-scientists
Three academics at Neapolis University Pafos have been included in the 2026 edition of the World’s Top 2% Scientists list, with their research recognised across computer science, educational psychology and energy-efficient architecture....
