https://knews.kathimerini.com.cy/en/business/columbia-group-buys-venus-rock-golf-for-€132m-in-one-of-cyprus-biggest-real-estate-deals
One of the largest real estate deals ever recorded in Cyprus closed Monday morning, as the Columbia Group signed a €132 million agreement to acquire the sprawling Venus Rock Golf resort in Paphos....
https://knews.kathimerini.com.cy/en/news/inviting-the-invader
In a surprising move that could mark a shift in regional diplomacy, Cyprus plans to invite Turkish President Recep Tayyip Erdogan to a high-level summit in 2026, despite the island's bitter, decades-long division with Turkey....
https://knews.kathimerini.com.cy/en/news/electric-vehicle-grants-reopen-monday-prioritizing-low-emission-cars-and-targeted-groups
The Department of Road Transport (TOM) announced Thursday that 97 new grants for electric vehicles and 18 for electric motorcycles will be available starting Monday, June 30....
https://knews.kathimerini.com.cy/en/business/1-freedom-holding-corp-reports-23-revenue-growth-for-fy2025-driven-by-strong-performance-across-brokerage-and-insurance-segments
Freedom Holding Corp. (FRHC), a diversified financial services firm and the founder of Freedom24, has announced its financial results for the fiscal year ended 31 March 2025. ...
https://knews.kathimerini.com.cy/en/news/arrests-in-cyprus-and-greece-expose-possible-iranian-linked-espionage-network
Authorities in Cyprus and Greece have uncovered what appears to be an Iranian-backed spying network operating in both countries, with two Azerbaijani nationals arrested on espionage charges....
https://knews.kathimerini.com.cy/en/news/cyprus-terror-suspect-may-be-part-of-regional-spy-ring-say-authorities
The investigation into the Azerbaijani national arrested in Limassol last week on terrorism and espionage charges has taken a new turn, as authorities in both Cyprus and Greece explore possible links between his case and the arrest of another Azerbaijani man in Crete....
https://knews.kathimerini.com.cy/en/comment/opinion/this-isn-t-just-a-war-it-s-the-middle-east-reaching-a-historic-breaking-point
The unfolding confrontation between Iran and Israel is unlike anything we’ve seen in recent decades....
https://knews.kathimerini.com.cy/en/news/freedom-holding-corp-reports-23-revenue-growth-for-fy2025-driven-by-strong-performance-across-brokerage-and-insurance-segments
Freedom Holding Corp. (FRHC), a diversified financial services firm and the founder of Freedom24, has announced its financial results for the fiscal year ended 31 March 2025. ...
https://knews.kathimerini.com.cy/en/news/smart-meters-continue-to-roll-out-across-cyprus
The Cyprus Electricity Authority (EAC) is picking up the pace with its smart meter rollout, announcing that from Tuesday, installations will expand to more neighborhoods in all districts of the island....
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-sells-€75m-worth-of-paphos-property-to-exness
The Bank of Cyprus has closed a major property deal with fintech firm Exness, selling land worth €75 million in Paphos, sources confirmed to Kathimerini Cyprus....
https://knews.kathimerini.com.cy/en/news/why-cyprus-is-not-in-danger-from-iran-israel-missile-strikes
When Iran and Israel exchanged direct missile strikes for the first time in decades in April 2024, after years of fighting through proxies, the spectacle was visible from Cyprus. ...
https://knews.kathimerini.com.cy/en/business/ecb-poised-for-fall-rate-decision-as-growth-tariffs-and-inflation-weigh-in
The European Central Bank will reassess its interest rate policy this fall, weighing whether additional cuts are necessary after a recent series of reductions brought its main rate to 2%, with inflation easing to 1.9%....
https://knews.kathimerini.com.cy/en/news/skyup-airlines™-celebration-event-for-the-launch-of-flights-between-cyprus-–-moldova-romania-and-poland
A highly successful celebration event was held on June 12 at Larnaca International Airport by SkyUp Airlines™, marking the official launch of direct flights connecting Cyprus with Moldova, Romania and Poland. The event was a great success, gathering guests and media representatives....
https://knews.kathimerini.com.cy/en/business/6-residential-properties-for-sale-by-astrobank
AstroBank has listed for sale luxury houses and other residential properties in Nicosia, Paphos, and Larnaca....
https://knews.kathimerini.com.cy/en/business/no-tender-no-permits-no-problem
A construction project meant to modernize part of Cyprus’ local government system is under fire after the Auditor General uncovered a series of irregularities, from bypassing public tenders to starting work without building permits or signed contracts....
https://knews.kathimerini.com.cy/en/news/modi-s-stop-in-cyprus-sends-subtle-shot-at-turkey
Indian Prime Minister Narendra Modi is set to visit Cyprus later this month in a stop that’s more than just diplomatic; it’s also a pointed message to Turkey, according to Indian media....
https://knews.kathimerini.com.cy/en/comment/opinion/will-they-at-least-stabilize
In May 2025, the Consumer Price Index rose by 0.26 points, reaching 117.57 compared to 117.31 in April. Inflation for the month fell by 0.2%, a rare event not seen in years, not since the Covid-19 crisis....
https://knews.kathimerini.com.cy/en/news/cyprus-slips-into-deflation-for-the-first-time-since-2021
Cyprus recorded deflation in May 2025 for the first time in more than four years, with the annual inflation rate turning negative at -0.2%, according to data released on Thursday by the Statistical Service of Cyprus....
https://knews.kathimerini.com.cy/en/business/good-news-for-borrowers-as-ecb-to-cut-interest-rates
The European Central Bank (ECB) is widely expected to cut its key interest rates by 0.25% this Thursday, a move that could bring welcome relief for borrowers and banks in Cyprus. ...
https://knews.kathimerini.com.cy/en/business/unemployment-drops-9-6-in-may-compared-to-last-year
The number of registered unemployed in Cyprus fell to 7,378 in May, a 9.6% drop compared to the same month last year, according to figures released Wednesday by the Statistical Service....
https://knews.kathimerini.com.cy/en/news/cypriots-cruise-into-summer-despite-rising-costs
Despite rising travel costs, Cypriots are going full steam ahead with their summer holiday plans, and this year, cruises are leading the way....
https://knews.kathimerini.com.cy/en/news/cyprus-ranks-second-in-share-of-foreign-tourists-in-q1-2025
Cyprus had the second highest share of overnight stays by foreign tourists in the first quarter of 2025, according to monthly data on tourist accommodation published by Eurostat, the EU’s statistical agency....
https://knews.kathimerini.com.cy/en/news/unlawful-dna-testing-for-birth-certificates-violated-family-rights-commissioner-finds
A demand by the Department of Civil Registry and Migration (DCRM) for compulsory DNA testing in a paternity case has been deemed unjustified, according to a report released by the Commissioner for Administration....
https://knews.kathimerini.com.cy/en/news/larnaca-district-authority-handles-over-2-000-complaints-in-10-months
The Larnaca District Organization of Local Government (EOA Larnaca) has processed more than 2,000 complaints, violations, and grievances in under 10 months, with roughly half of them resolved and dozens progressing through the courts, according to President Angelos Chatzicharalambous....
https://knews.kathimerini.com.cy/en/business/skyup™-launches-direct-flights-from-poland-to-greece-cyprus-and-bulgaria
SkyUp (U5) is expanding its route network by launching direct flights from Poland to popular holiday destinations in Southern Europe. Starting May 27, 2025, travelers from Warsaw and Katowice will be able to fly nonstop to Heraklion (Crete, Greece), Larnaca (Cyprus), and Burgas (Bulgaria)....
https://knews.kathimerini.com.cy/en/news/uae-records-highest-may-temperature-in-20-years-at-50-4°c
The United Arab Emirates recorded its highest May temperature in two decades on Saturday, with the mercury hitting 50.4 degrees Celsius (122.7 degrees Fahrenheit) in Al Shawamekh, in the emirate of Abu Dhabi....
https://knews.kathimerini.com.cy/en/news/pensioners-union-criticizes-labour-ministry-for-ignoring-pensioners-financial-struggle
The Union of Cypriot Pensioners (EKYSY) has criticized the Ministry of Labour for rejecting its request to advance May pension payments, citing concerns over the financial strain caused by a prolonged gap between payments....
https://knews.kathimerini.com.cy/en/news/confidential-files-found-at-prison-guard-s-home-spark-arrests
A group of five individuals, including four prison guards and a police officer on probation, were arrested Thursday in connection with the discovery of classified documents at the home of a prison guard last month, police said....
https://knews.kathimerini.com.cy/en/news/meat-and-coffee-prices-climb-as-eggs-and-oil-cool-off
If your grocery bill still feels heavy, you're not imagining it, especially if your basket includes meat or a bag of Cyprus coffee....
https://knews.kathimerini.com.cy/en/life/lights-camera-larnaca
Larnaca is getting its moment in the international spotlight as the Irish travel series 'Téacs Taistil' films an episode in the city for its upcoming fourth season....
