https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-posts-€353-million-profit-in-2025-despite-lower-interest-income
Bank of Cyprus reported profits of €353 million for the first nine months of 2025, slightly below the €401 million earned in the same period last year but still showing solid results in a cooling economy....
https://knews.kathimerini.com.cy/en/news/nicosia–troodos-highway-still-stuck-in-neutral-50-years-and-counting
It was supposed to be a ''lifeline'' for Cyprus’ rural communities, a fast, modern highway linking Nicosia to Troodos. Instead, after more than 50 years, the long-promised road has become a running joke about government delays and shifting political timetables....
https://knews.kathimerini.com.cy/en/business/jumbo-buys-out-shopping-mall-in-€10-8m-deal-with-eurobank
Retail heavyweight Jumbo has expanded its footprint in Greece, finalizing a €10.8 million cash deal to buy out the VESO MARE shopping center in Patras from Eurobank....
https://knews.kathimerini.com.cy/en/news/audit-service-to-review-first-lady-s-charity-amid-questions-over-donor-ties
Cyprus’ Audit Service will investigate the Independent Social Support Agency, a charitable fund managed by the First Lady, after a report highlighted several donations that raise questions about transparency and possible conflicts of interest....
https://knews.kathimerini.com.cy/en/business/openai-and-freedom-holding-corp-to-advance-digital-education-in-kazakhstan
On November 6, 2025, in Washington, D.C., the Government of the Republic of Kazakhstan, OpenAI, Inc., and Freedom Holding Corp. (NASDAQ: FRHC), a parent company of Freedom24, signed a strategic agreement....
https://knews.kathimerini.com.cy/en/news/cyprus-this-week-banks-mots-and-tax-talks-stir-debate
Cyprus’ headlines this week reflect a mix of economic, labor, and public safety issues, from banks rewarding employees handsomely to questions about who is really keeping the country’s roads safe. ...
https://knews.kathimerini.com.cy/en/business/cyprus-considers-raising-family-income-limit-in-major-tax-reform
Finance Minister Makis Keravnos said Friday he is open to raising the family income ceiling for tax deductions to €90,000 from the proposed €80,000, noting that ''the cost is not prohibitive.''...
https://knews.kathimerini.com.cy/en/news/tick-tock-last-chance-to-verify-your-prepaid-number-before-it-s-gone
Time is running out for anyone still putting off verifying their prepaid mobile number. Every prepaid card in Cyprus must be identified and this time, there will be no more extensions....
https://knews.kathimerini.com.cy/en/news/cyprus-aims-to-be-honest-broker-as-it-prepares-for-eu-presidency
As Cyprus prepares to assume the rotating Presidency of the European Union, the island nation is positioning itself as a neutral facilitator, emphasizing trust, consensus, and results for citizens and businesses alike....
https://knews.kathimerini.com.cy/en/news/christodoulides-government-weighs-next-steps-after-employers-reject-cola-proposal
President Nikos Christodoulides has indicated that the government is considering alternative approaches to the Cost of Living Allowance (COLA) after employers’ organizations rejected its proposed permanent agreement....
https://knews.kathimerini.com.cy/en/news/october-newsletter-of-k-treppides-co-ltd-–-31-10-2025
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/news/trump-s-envoys-are-here-and-cyprus-is-in-the-spotlight-again
Washington’s focus on the Eastern Mediterranean appears to be sharpening once again, and Cyprus is finding itself at the center of attention....
https://knews.kathimerini.com.cy/en/news/thursday-weather-when-the-sky-can-t-decide-what-outfit-to-wear
A weak low-pressure system has shuffled into the area, dragging along some thin, high-level dust like it forgot to tidy up before showing up....
https://knews.kathimerini.com.cy/en/business/employers-unanimously-reject-cost-of-living-proposal-by-government
Cyprus’ two leading employer groups have rejected the government’s proposal for a new Cost-of-Living Allowance (ATA) deal, saying the draft agreement “falls short” on several key points and cannot be signed as it stands....
https://knews.kathimerini.com.cy/en/business/ai-is-changing-everything-but-are-we-ready-for-it
Artificial intelligence is reshaping the global economy, labor, education, and finance, creating vast opportunities but also deep challenges, speakers warned at the 21st Economist Conference in Cyprus, where AI dominated this year’s agenda....
https://knews.kathimerini.com.cy/en/news/€700-000-donation-raises-eyebrows-at-first-lady-s-social-support-agency
A €700,000 donation to the First Lady’s Independent Social Support Agency (ISSB) has drawn fresh scrutiny, with the Auditor General warning that private contributions could give the appearance of influence when donors are also doing business with the State....
https://knews.kathimerini.com.cy/en/news/the-landmark-nicosia-set-to-open-later-this-month
The Landmark Nicosia, Autograph Collection, is entering the final stages of construction and is on track to open its doors by the end of November. ...
https://knews.kathimerini.com.cy/en/business/1-limassol-port-on-pause-again
Truckers at Limassol Port walked off the job Monday, launching an indefinite strike that could bring container traffic to a standstill....
https://knews.kathimerini.com.cy/en/news/lidl-launches-international-christmas-campaign-value-wonderful-things-every-day
Lidl is ringing in the festive season with the launch of its international Christmas campaign under the motto of "Value wonderful things every day". ...
https://knews.kathimerini.com.cy/en/business/cyprus-in-the-spotlight-mediterranean-pact-offers-jobs-energy-and-influence
Cyprus is positioning itself for a front‑row seat in a major new regional plan. The EU‑backed Pact for the Mediterranean, launched in mid‑October, aims to deepen cooperation across the southern shores of the Mediterranean, and Cyprus stands to gain in several concrete ways....
https://knews.kathimerini.com.cy/en/news/alpha-bank-completes-the-acquisition-of-astrobank-s-banking-operations-in-cyprus
Alpha Bank announces the successful completion of the acquisition of substantially all assets and liabilities of AstroBank Public Company Ltd (“AstroBank”), through its subsidiary Alpha Bank Cyprus Ltd (“Alpha Bank Cyprus”) and other Group entities, following the receipt of all required regulatory approvals (the “Transaction”)....
https://knews.kathimerini.com.cy/en/news/president-unveils-major-tax-overhaul-aimed-at-fairness-growth-and-green-transition
Cyprus is rolling out the biggest tax shake-up in more than two decades, promising a fairer system that supports families, strengthens local businesses, and keeps the economy competitive....
https://knews.kathimerini.com.cy/en/comment/opinion/one-small-step-for-man…one-giant-waste-of-time-for-womankind
I nearly spit out my coffee when I saw the story pop up: Cyprus has unveiled its first female pedestrian crossing lights. Yes, you read that right. The little stick figure that tells you when to cross the street is now wearing a skirt....
https://knews.kathimerini.com.cy/en/news/police-rescue-one-live-hare-among-pile-of-dead-wildlife
In a significant effort to combat wildlife crimes, Cyprus Police and the Game and Fauna Service carried out coordinated raids today targeting poaching activities....
https://knews.kathimerini.com.cy/en/business/cyprus-reports-€29-3-billion-negative-net-financial-position-household-income-climbs-in-2024
Cyprus closed 2024 with a negative net financial position of €29.27 billion, according to new data detailing macroeconomic indicators by institutional sector....
https://knews.kathimerini.com.cy/en/news/two-greek-arrests-linked-to-limassol-mafia-murder-to-be-extradited-to-cyprus
Two 28-year-old cousins arrested in Thessaloniki have agreed to be extradited to Cyprus, where they are facing prosecution over the October 17 killing of 49-year-old Stavros Demosthenous in Limassol. Both men, expatriates from Georgia, had been living in Cyprus and fled to Greece shortly after the murder....
https://knews.kathimerini.com.cy/en/business/cyprus-posts-4-9-unemployment-in-september-2025-among-eu-s-lowest
Recent figures from Eurostat show that Cyprus continues to perform strongly in the labor market, recording an unemployment rate of 4.9% in September 2025. ...
https://knews.kathimerini.com.cy/en/news/two-arrested-in-greece-over-limassol-mafia-style-murder
Two Greek men have been arrested in Thessaloniki in connection with the mafia-style murder of Limassol businessman Stavros Demosthenous on October 17. The men, 27-year-old second cousins originally from Georgia, were picked up by Greek police under European arrest warrants....
https://knews.kathimerini.com.cy/en/business/cyprus-tourism-hits-record-highs-€2-47-billion-in-eight-months
Tourism in Cyprus is booming. August alone brought in €581.8 million, up nearly 14% from last year, while total earnings from January through August hit €2.47 billion, marking a 16.5% increase compared with the same period in 2024....
https://knews.kathimerini.com.cy/en/news/top-eu-official-visits-cyprus-ahead-of-island-s-council-presidency
The Secretary-General of the Council of the European Union, Thérèse Blanchet, visited Cyprus today, meeting with President Nikos Christodoulides in Nicosia as the island prepares to assume the EU Council presidency at the start of 2026....
