https://knews.kathimerini.com.cy/en/news/nba-plans-europe-league-with-10–12-cities-could-include-greece
The NBA is moving closer to launching a European league within the next two years, league officials said Tuesday, with franchise fees expected to range between $500 million and $1 billion....
https://knews.kathimerini.com.cy/en/news/parents-blast-years-long-delay-in-makarios-nicu-upgrade
Parents of premature infants are expressing anger and disappointment over fresh delays to the long-promised expansion of the Neonatal Intensive Care Unit (NICU) at Makarios Hospital in Nicosia, saying vulnerable babies and their families are being left behind....
https://knews.kathimerini.com.cy/en/business/cyprus-state-payroll-to-rise-€153-million-in-2026-budget
Cyprus’ state payroll is set to climb again in 2026, with government spending on personnel projected to rise by €153 million despite efforts to rein in hiring....
https://knews.kathimerini.com.cy/en/news/eu-investment-bank-holds-first-board-meeting-in-cyprus
The top decision-makers of the European Investment Bank (EIB) are in Cyprus for their first board meeting in the country, shining a spotlight on the island as a key partner in European development....
https://knews.kathimerini.com.cy/en/business/cyprus-central-bank-projects-3-3-economic-growth-in-2025
Cyprus’s economy is expected to expand by 3.3% in 2025, with unemployment dropping to 4.6% and inflation easing to 1%, the Central Bank of Cyprus said Tuesday in its latest projections....
https://knews.kathimerini.com.cy/en/news/paphos-airport-aims-for-smoother-landings-and-faster-service
Paphos Mayor Phaedon Phedonos met Monday with the CEO of Hermes Airports, Eleni Kalogirou, and her team to talk about improving the experience at Paphos International Airport....
https://knews.kathimerini.com.cy/en/business/larnaca-airport-set-to-become-trade-powerhouse-bringing-jobs-and-faster-shipping-to-cyprus
Cyprus is moving forward with plans to establish a cargo hub and aircraft maintenance services at Larnaca Airport, aiming to boost trade, connectivity, and economic activity, officials said....
https://knews.kathimerini.com.cy/en/news/cyprus-turns-to-goats-and-gps-in-wildfire-fight
Cyprus is turning to an unlikely firefighter: the goat....
https://knews.kathimerini.com.cy/en/business/cyprus-to-plan-market-return-despite-global-uncertainty
Cyprus will begin planning its return to international financial markets in September, aiming for a fourth-quarter re-entry, officials confirmed....
https://knews.kathimerini.com.cy/en/business/bigger-smarter-greener-alphamega-s-new-superstore-is-coming-to-engomi
Retail giant Alphamega has secured planning permission for its brand-new, privately owned flagship store in Engomi, marking a major step forward in a project estimated to cost over €30 million....
https://knews.kathimerini.com.cy/en/news/from-chelsea-to-cyprus-david-luiz-joins-pafos-fc-in-surprise-transfer
In a jaw-dropping move that has stunned the football world, former Chelsea and Brazil star David Luiz has signed with Pafos FC, bringing global star power to the shores of Cyprus....
https://knews.kathimerini.com.cy/en/business/desalination-a-costly-and-controversial-answer-to-global-water-shortages
As climate change fuels irregular rainfall and intensifies droughts, countries worldwide are increasingly turning to desalination to address growing water scarcity. ...
https://knews.kathimerini.com.cy/en/business/big-greek-players-move-in-on-cyprus-signature-cheese
Cyprus’ beloved halloumi is having a moment, and it’s not just on the grill. The country’s signature cheese is drawing serious attention from international investors, as Greek dairy giants plough hundreds of millions into Cypriot facilities, betting big on the future of the PDO-certified export star....
https://knews.kathimerini.com.cy/en/business/aegean-invests-in-two-new-airbus-a321neo-xlr-aircraft-with-even-greater-range-and-comfort
AEGEAN announces the addition of two (2) new Airbus A321neo XLR (Extra Long Range) aircraft with an even longer range of up to 10.5 hours, while accelerating the initiation of its flights to India, in March 2026. ...
https://knews.kathimerini.com.cy/en/business/cyprus-banks-are-merging-and-here-s-what-that-means-for-you
Cyprus is heading toward a major financial facelift, with a wave of mergers and acquisitions already in motion and expected to accelerate by the end of 2025. Sirens may have marked a different kind of Tuesday morning in Nicosia, but in the banking world, the alarm bells signal transformation....
https://knews.kathimerini.com.cy/en/business/cyprus-backs-young-entrepreneurs-with-€50m-boost
Cyprus is betting on young entrepreneurs to drive the country’s economic growth, with over €10 million already distributed in grants under a national plan expected to create more than 2,000 jobs by 2027....
https://knews.kathimerini.com.cy/en/news/jazeera-airways-resumes-direct-flights-between-larnaca-and-kuwait
Jazeera Airways, one of the leading low-cost carriers in the Middle East, announced the resumption of direct flights from Larnaca to Kuwait, which took place on Tuesday, June 17, 2025....
https://knews.kathimerini.com.cy/en/news/nissan-s-next-gen-driver-assist-tech-could-ease-daily-commute-in-cyprus
Ever been stuck in traffic on the Nicosia-Limassol highway, crawling along at a snail’s pace, wishing your car could just take over? By 2027, that might not be such a far-fetched dream....
https://knews.kathimerini.com.cy/en/news/eu-to-fund-expansion-of-nicosia-s-pedieos-linear-park
The European Union will provide approximately €4.4 million to fund the expansion of the Pedieos Linear Park, the European Commission announced....
https://knews.kathimerini.com.cy/en/business/ucy-student-dorms-at-berengaria-site-moving-full-speed-ahead
Construction is in full swing on the University of Cyprus’ new student dorms in Kato Polemidia, Limassol, right where the old British ''Berengaria'' settlement used to be....
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/€50m-alphamega-complex-set-to-transform-nicosia-shopping-scene
A brand new €50 million ALPHAMEGA hypermarket and commercial complex is on the way to Engomi, and it’s not just a supermarket....
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/cyprus-president-in-belgrade-for-key-talks-with-serbian-counterpart
Cyprus President Nikos Christodoulides is currently in Belgrade, where he’s meeting with Serbian President Aleksandar Vucic to discuss several important issues. ...
https://knews.kathimerini.com.cy/en/news/government-hourly-workers-say-they-re-fed-up-and-they-want-a-raise
It’s official: Cyprus’ hourly government employees are tired of feeling like second-class citizens in their own departments....
https://knews.kathimerini.com.cy/en/business/cyprus-foreign-companies-pledge-30-local-workforce-by-2027
Cyprus has seen undeniable growth in foreign companies, and the economic benefits are clearly outweighing any potential downsides. ...
https://knews.kathimerini.com.cy/en/news/from-summer-hotspot-to-all-year-hub
Cyprus has big dreams, and according to Christos Angelides, General Manager of the Pancyprian Hotel Association (PASYXE), it’s going to take grit, vision, and a lot of teamwork to turn the island into a top-tier, all-year-round destination. But the potential? It’s definitely there....
https://knews.kathimerini.com.cy/en/news/kykkos-monastery-s-mega-project-set-to-transform-engomi
A major new development is taking shape in Engomi, Nicosia, on land owned by the Kykkos Monastery. The project is one of the largest mixed-use developments Cyprus has seen and is designed to transform the area surrounding the “Agios Prokopios” Metochi into a modern urban center....
https://knews.kathimerini.com.cy/en/news/trump-s-tariff-blitz-threatens-cyprus-push-for-u-s-investments
Former U.S. President Donald Trump’s dramatic declaration of a ''Liberation” Day'', marked by the sudden imposition of 20% tariffs on imports from the European Union, as well as from Japan, India, Switzerland and China, has sent shockwaves across global markets and ignited fresh fears of a prolonged U.S.-Europe economic standoff....
https://knews.kathimerini.com.cy/en/business/eurobank-s-€1-3b-move-creates-cyprus-largest-bank
Eurobank Group’s €1.3 billion investment in Hellenic Bank is set to reshape Cyprus' banking landscape, creating the country’s largest financial institution with total assets of €27.5 billion....
