https://knews.kathimerini.com.cy/en/news/cyprus-tax-reform-2026-what-changed-and-what-stayed-the-same
On 22 December 2025, the House of Representatives approved a wide-ranging tax reform package, with most measures taking effect from 1 January 2026. It is not an incremental adjustment....
https://knews.kathimerini.com.cy/en/news/zelensky-in-nicosia-cyprus-suddenly-a-key-player-in-europe
Cyprus found itself at the center of European attention Wednesday as Ukrainian President Volodymyr Zelensky arrived on the island to attend the official inauguration of the Cypriot Presidency of the Council of the European Union....
https://knews.kathimerini.com.cy/en/news/nicosia-crowned-europe-s-best-cultural-destination-for-2026
Nicosia has been awarded the title of Europe’s Best Cultural Destination for 2026, earning top recognition from the European Best Destinations (EBD) organization, according to an announcement by the Municipality of Nicosia....
https://knews.kathimerini.com.cy/en/business/cyprus-startups-attract-big-dollar-investments-from-silicon-valley
Cyprus’ startup scene is catching the eye of investors across the Atlantic. Venture capitalists and tech giants from Silicon Valley are increasingly backing innovative Cypriot companies, drawn by the country’s strong presence in artificial intelligence, fintech, and gaming....
https://knews.kathimerini.com.cy/en/news/museums-come-to-the-rescue-of-presidents
Culture may get polite mentions and modest funding, but under President Nikos Christodoulides it lacks something far more important: a clear vision. Beyond vague promises and small-scale digital upgrades, no major cultural projects or long-term strategy are in sight....
https://knews.kathimerini.com.cy/en/news/snow-forces-hundreds-of-flight-cancellations-at-amsterdam-s-schiphol-airport
Heavy snow and icy conditions have thrown travel plans into disarray at Amsterdam’s Schiphol Airport, where at least 450 flights were canceled on Monday, according to Dutch media reports....
https://knews.kathimerini.com.cy/en/news/maduro-in-u-s-custody-as-world-reacts-to-shock-arrest
The arrest of Venezuelan President Nicolás Maduro by U.S. forces has triggered a fast-moving international crisis, with world leaders sharply divided and emergency diplomatic talks now underway....
https://knews.kathimerini.com.cy/en/news/us-claims-capture-of-venezuela-s-president-after-large-scale-strikes-on-caracas
The United States has carried out what President Donald Trump described as a “large-scale strike” on Venezuela, claiming that US forces have captured Venezuelan President Nicolás Maduro and his wife, Cilia Flores, and flown them out of the country....
https://knews.kathimerini.com.cy/en/news/after-years-of-stalemate-cyprus-forces-the-world-to-pay-attention-again
After years of diplomatic fatigue and cautious optimism, the Cyprus problem roared back into international focus in 2025, with not one but two expanded UN-led conferences and a flurry of moves that put the island firmly back on the global political map....
https://knews.kathimerini.com.cy/en/news/two-minor-earthquakes-felt-across-cyprus-in-the-past-24-hours
Cyprus’s Geological Survey Department (GSD) reported two minor earthquakes recorded by its monitoring network on December 22 and 23, both of which were felt by residents in several districts....
https://knews.kathimerini.com.cy/en/news/more-tax-relief-for-families-tougher-rules-for-everyone-else
From January 1, 2026, Cyprus will officially turn the page on how it taxes income and businesses....
https://knews.kathimerini.com.cy/en/life/eight-holiday-dining-spots-in-cyprus-to-make-your-christmas-and-new-year-sparkle
The holiday season in Cyprus is all about cozy gatherings, laughter, and, of course, delicious food. If you’re looking to step out of the kitchen this Christmas or New Year, these eight restaurants across Limassol, Nicosia, and Paphos promise festive dinners that hit all the right notes....
https://knews.kathimerini.com.cy/en/business/new-bean-bar-store-opens-at-the-mall-of-cyprus
Another store is added to the beloved Bean Bar chain, which has been established as a reference point for coffee lovers all around Cyprus....
https://knews.kathimerini.com.cy/en/business/alpha-bank-s-a-announces-agreement-on-the-key-commercial-and-legal-terms-of-strategic-insurance-transactions-in-cyprus
Alpha Bank S.A. (“Alpha Bank”) announces that it has reached an agreement on the key commercial and legal terms for a strategic combination of insurance activities in Cyprus, ...
https://knews.kathimerini.com.cy/en/news/cyprus-joins-eu-push-to-send-rejected-migrants-to-non-eu-centers
Nineteen EU countries, including Cyprus, are openly backing plans to send rejected asylum seekers to return centers outside the European Union, even as migration is officially left off the agenda of this week’s European Council....
https://knews.kathimerini.com.cy/en/business/petrolina-stands-by-larnaca-european-capital-of-culture-2030
Petrolina, as a Strategic Partner of Larnaca 2030, has consistently stood alongside the Municipality of Larnaca, supporting initiatives that strengthen culture, society, and sustainable development....
https://knews.kathimerini.com.cy/en/business/invest-cyprus-gives-new-momentum-to-relations-between-cyprus-and-the-united-arab-emirates
Invest Cyprus took part in the high-level Cyprus - UAE Roundtable, which was co-organised by the Presidency of the Republic of Cyprus, Invest Cyprus and the Cyprus Chamber of Commerce and Industry (CCCI). ...
https://knews.kathimerini.com.cy/en/news/who-pays-when-public-sector-wages-keep-rising
Public sector wages remain the uncomfortable truth behind Cyprus’ 2026 state budget, which is heading for a final vote in the House of Representatives on Wednesday and is widely expected to be approved....
https://knews.kathimerini.com.cy/en/business/cypriot-banks-see-lower-profits-but-growing-assets-in-2025
Cyprus’s banking sector recorded a notable decline in profitability during the first nine months of 2025, even as its balance sheet continued to expand, according to the latest data released by the Central Bank of Cyprus....
https://knews.kathimerini.com.cy/en/news/wizz-air-announces-as-roma-partnership
Nicosia, 15 December 2025 - Wizz Air, one of Europe’s leading low-cost airlines and a top carrier in Italy’s aviation landscape, is proud to unveil a major new partnership with Serie A club AS Roma....
https://knews.kathimerini.com.cy/en/business/cyprus-and-vietnam-sign-deal-to-cut-tax-barriers-and-boost-business
Cyprus and Vietnam took a fresh step toward closer economic ties on Monday with the signing of an agreement aimed at avoiding double taxation and preventing tax evasion, a move both sides say will make doing business between the two countries easier and more predictable....
https://knews.kathimerini.com.cy/en/news/cyprus-steps-onto-global-space-stage-with-new-industry-alliance
Cyprus is moving from the sidelines to active participation in the global space industry, as local companies gain access to funding, partnerships and large-scale international projects through a newly formed industry association....
https://knews.kathimerini.com.cy/en/news/larnaca-named-european-capital-of-culture-for-2030
Larnaca will take the spotlight as the European Capital of Culture in 2030, the Deputy Ministry of Culture announced Thursday. ...
https://knews.kathimerini.com.cy/en/news/ukraine-readies-new-peace-plan-for-trump-but-refuses-to-give-up-any-land
Ukraine is preparing to send a revised peace proposal to Washington this week, but President Volodymyr Zelensky is standing firm on one key point: no territorial concessions to Russia, not now, not ever....
https://knews.kathimerini.com.cy/en/news/december-newsletter-of-k-treppides-co-ltd-–-5-12-2025
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/wizz-air-celebrates-its-250th-aircraft
Wizz Air, the fastest-growing European airline and a leading one in Central and Eastern Europe, today unveiled its 250th aircraft, marking a defining milestone in the airline’s growth story and placing the company halfway toward its goal of a 500-aircraft fleet....
https://knews.kathimerini.com.cy/en/news/the-landmark-nicosia-opens-tomorrow-and-it-s-set-to-change-the-city-s-luxury-scene
Nicosia has a new star in the city’s hospitality scene. The Landmark Nicosia, Autograph Collection, opens on December 2, ready to set a new standard for luxury stays in the capital and across Cyprus. ...
https://knews.kathimerini.com.cy/en/news/coral-cyprus-shell-licensee-opens-new-shell-branded-fuel-station-in-lakatamia
Coral Cyprus (Shell Licensee) announces the opening of its new Shell branded fuel station in Lakatamia, further expanding the company’s presence in Nicosia and reaffirming its commitment to bringing high-quality fuels, innovative services, and superior customer experience closer to Cypriot motorists....
https://knews.kathimerini.com.cy/en/news/nicosia-s-forgotten-sopaz-site-is-finally-getting-a-new-life
The redevelopment effort for the former SOPAZ industrial site is steadily advancing, according to an update from Nicosia Mayor Charalambos Prountzos....
https://knews.kathimerini.com.cy/en/business/fitch-lifts-bank-of-cyprus-rating-citing-stronger-economy-and-cleaner-balance-sheet
Bank of Cyprus got a financial thumbs-up from Fitch Ratings on Wednesday, with the agency upgrading the bank’s long-term rating to ‘BBB’ from ‘BBB-’ and giving its Viability Rating the same bump....
