https://knews.kathimerini.com.cy/en/business/lebanese-investor-threatens-legal-action-over-blocked-€115m-nicosia-development
A Lebanese investor is threatening legal action after the Department of Antiquities blocked a €115 million development near the historic Nicosia walls, despite other authorities initially supporting the project...
https://knews.kathimerini.com.cy/en/news/kpmg
As part of our Collective Strategy, we see opportunities for greater integration of some of our member firms over time. ...
https://knews.kathimerini.com.cy/en/news/multiple-power-outages-at-nicosia-kyrenia-district-court
The recurring power outages experienced on Monday at the Nicosia-Keryneia District Court have once again emphasized the inadequacy of court buildings in Nicosia and the urgent need for new judicial facilities in the capital....
https://knews.kathimerini.com.cy/en/news/wwii-bomb-discovery-halts-eurostar-trains-leaving-thousands-stranded
Thousands of passengers were left stranded on Friday after an unexploded World War II bomb was discovered near the tracks of Paris' Gare du Nord, one of Europe's busiest train stations....
https://knews.kathimerini.com.cy/en/news/eurobank-cyprus-stronger-in-2024-with-a-net-profit-of-€214mn
Eurobank Cyprus ended 2024 with increased profitability strong capital adequacy and maintained its good loan portfolio quality. The results reaffirm the Bank’s sound performance and resilience, the effective management of challenges in 2024,...
https://knews.kathimerini.com.cy/en/news/from-oxford-to-geneva-to-nicosia-cyprus-capital-among-europe-s-cities-of-the-future
Nicosia has secured a prestigious spot in the European Cities and Regions of the Future 2025 rankings by fDi Intelligence, reaffirming its status as an emerging center for innovation, investment, and entrepreneurship....
https://knews.kathimerini.com.cy/en/business/populism-and-opportunism-behind-reactions-claims-company
The owners of the CITADEL project, Nerofarm Ltd., have issued a statement clarifying their position in response to media coverage regarding the development in the Palouriotissa area....
https://knews.kathimerini.com.cy/en/comment/opinion/thank-you-donald
''Thank you, Donald.'' All Europeans should be saying that out loud. What is the U.S. president really telling us in his own barbaric, rude, and incoherent way? ...
https://knews.kathimerini.com.cy/en/news/dutch-royals-shocked-by-divided-nicosia-in-first-cyprus-visit
The Dutch royal couple's first-ever visit to Cyprus sent a powerful message of solidarity, shining a spotlight on the island's rich history — and its ongoing division....
https://knews.kathimerini.com.cy/en/business/hotel-dieu-de-france-expands-to-limassol
Investment in Limassol’s healthcare sector is gaining momentum, with the renowned Hôtel-Dieu de France hospital from Beirut set to establish a state-of-the-art medical center in the heart of the city....
https://knews.kathimerini.com.cy/en/news/cyprus-tax-reform-bold-overhaul-aims-to-boost-economy-but-sparks-debate
Cyprus is preparing to implement its first major tax reform in over two decades, aiming to modernize the tax system, boost competitiveness, and align with international standards....
https://knews.kathimerini.com.cy/en/news/33east-unites-cyprus-startup-ecosystem-for-official-fund-launch
33East, a Cyprus-focused venture capital firm, is officially launching its debut fund with an event bringing together founders, investors, and key ecosystem leaders who share the vision of transforming Cyprus into a hive for innovation and entrepreneurship....
https://knews.kathimerini.com.cy/en/business/discover-the-timeless-charm-of-paphos-with-leptos-estates
Paphos, the enchanting town on the southwestern coast of Cyprus, is more than just a destination – it's a way of life....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-rolls-out-the-red-carpet-for-civil-servants
A decade after the financial crisis that forced Cyprus to slash public sector benefits under the terms of its bailout agreement, the government is now gradually rolling back austerity measures — handing back perks to civil servants in a move seen as both politically strategic and potentially risky....
https://knews.kathimerini.com.cy/en/news/the-palestinian-state-that-almost-was-according-to-ehud-olmert
Speaking in a yet-to-be-aired BBC documentary Israel and the Palestinians: The Road to 7th October, Olmert described his proposal as a historic opportunity for peace. ...
https://knews.kathimerini.com.cy/en/business/cypriot-businesses-set-their-sights-on-the-u-s
For the first time, a Cypriot business delegation will participate in the SelectUSA Investment Summit and SelectUSA Tech Summit, two major investment events in the United States aimed at companies looking to enter or expand in the U.S. market....
https://knews.kathimerini.com.cy/en/news/concerns-grow-over-high-rise-construction-near-historic-famagusta-gate
The Association of Cyprus Archaeologists has voiced strong concerns over the Nicosia Municipality's plans to permit the construction of high-rise buildings near Famagusta Gate, ...
https://knews.kathimerini.com.cy/en/news/2024-global-vc-investment-rises-to-$368b-as-investor-interest-in-ai-soars
Global VC investment rose from $349.4 billion across 43,320 deals in 2023 to $368.3 billion across 35,684 deals in 2024 despite a multitude of challenges, including global conflicts and geopolitical tensions, uncertainties associated with a significant number of major elections—...
https://knews.kathimerini.com.cy/en/life/cypriot-artist-penelope-constantinou-brings-her-muses-to-paris
Renowned Cypriot artist Penelope Constantinou is once again taking her art to the international stage. ...
https://knews.kathimerini.com.cy/en/news/body-found-in-nicosia-police-investigate-suspicious-death
Nicosia police were alerted early on Tuesday, February 18, after a body was discovered in the capital at a construction site. The call came at around 5:20 a.m., prompting immediate response from authorities....
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-posts-€508m-profit-for-2024
Bank of Cyprus has posted impressive results for 2024, reporting net profits of €508 million, marking a 4% increase from the previous year’s €487 million. The results reflect the bank's strong performance and growth, despite slight fluctuations in some areas....
https://knews.kathimerini.com.cy/en/comment/opinion/the-cyprus-cabinet-s-romantic-february-14-meeting
On Friday, February 14th, President of Cyprus called for an emergency Cabinet meeting. Naturally, many assumed it was to discuss Valentine’s Day – flowers, chocolates, etc. – ...
https://knews.kathimerini.com.cy/en/business/hong-kong-investor-increases-stake-in-historic-agros-hotel
Foreign investor Balram Chainrai's aggressive pursuit of Agros' historic hotel continues into 2025 as he steadily increases his shareholding, bringing him closer to full control following his public takeover bid....
https://knews.kathimerini.com.cy/en/news/christodoulides-to-visit-us-in-april-to-boost-cyprus-investments
President Nicos Christodoulides’ upcoming official visit to the United States in April is focused on strengthening Cyprus’ ties with the US and attracting investments, part of a broader government strategy. ...
https://knews.kathimerini.com.cy/en/news/freedom-holding-corp-reports-57-surge-in-q3-revenue-hits-$9-billion-market-cap-milestone
Freedom Holding Corp. (FRHC), the parent company of Freedom24, has announced two significant milestones: strong third quarter results for fiscal year 2025 and a record market capitalisation of $9 billion....
https://knews.kathimerini.com.cy/en/news/no-relief-in-sight-as-electricity-prices-to-remain-high-until-2027
Electricity prices in Cyprus are expected to remain elevated for the next two years, according to the chairman of the EAC....
https://knews.kathimerini.com.cy/en/news/€8-million-and-counting-as-crete-cyprus-interconnector-delays-pile-up
The long-awaited electricity interconnection between Crete and Cyprus is facing mounting financial pressure, with delays already adding at least €8 million in extra costs....
https://knews.kathimerini.com.cy/en/news/a-hidden-titian-masterpiece-comes-to-light-in-limassol
The fusion of artistic brilliance and scientific innovation took center stage at the unveiling of the exhibition “Revealing the Unseen: A Hidden Titian Masterpiece”....
https://knews.kathimerini.com.cy/en/news/old-gsp-redevelopment-nears-completion-set-to-transform-nicosia-s-historic-centre
The long-anticipated redevelopment of the old GSP stadium in the heart of Nicosia is set to be handed over to the public this month, marking a major step in the revitalization of the capital’s historic centre....
https://knews.kathimerini.com.cy/en/business/nasdaq-listed-freedom-24-is-making-its-mark-in-cyprus-and-beyond
When Timur Turlov, the CEO of Freedom Holding Corp., set his sights on Cyprus, he saw more than just a financial hub—he saw opportunity. In a market where fintech companies are staking their claims, ...