https://knews.kathimerini.com.cy/en/news/nicosia-mayor-sounds-alarm-over-city-s-financial-crisis
Nicosia’s mayor, Charalambos Prountzos, has raised the alarm over the capital’s financial situation, warning that without immediate state support, the municipality will struggle to meet its obligations. ...
https://knews.kathimerini.com.cy/en/news/businesses-call-for-simpler-fairer-tax-reform-in-cyprus
The Institute of Certified Public Accountants of Cyprus is raising concerns over Cyprus’ proposed tax reform, arguing that while the new framework aims to ease the tax burden on individuals and businesses, it remains overly complex. ...
https://knews.kathimerini.com.cy/en/business/the-best-bank-to-ever-come-out-of-cyprus
The management of Hellenic Bank has set an ambitious goal for the new structure that will emerge in the coming months following its consolidation with Eurobank Cyprus....
https://knews.kathimerini.com.cy/en/business/new-health-and-education-complex-to-transform-lakatamia
Investments in Cyprus' health sector are booming, with new hospital units sprouting up across the island....
https://knews.kathimerini.com.cy/en/business/boc-seeks-to-acquire-ethniki-insurance-s-cyprus-subsidiary
Bank of Cyprus is moving forward with the acquisition of Ethniki Insurance’s Cyprus subsidiary, having entered exclusive negotiations for its purchase....
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-upgraded-to-investment-grade-by-fitch
The Bank of Cyprus has just hit another major milestone—Fitch Ratings has upgraded the bank to investment grade, marking the third global rating agency to do so. ...
https://knews.kathimerini.com.cy/en/business/animawings-launches-direct-flights-between-larnaca-and-bucharest
The rapidly expanding Romanian airline, AnimaWings, has launched direct flights between Larnaca and Bucharest....
https://knews.kathimerini.com.cy/en/business/greek-companies-eye-cypriot-market-for-new-business-opportunities
Greek businesses are continuing to make their mark on Cyprus, with a growing number of companies looking to expand and partner with Cypriot firms....
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/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....
