https://knews.kathimerini.com.cy/en/business/cyprus-businesses-brace-as-eu-plans-tariff-fight-with-u-s
The European Union is getting ready to slap tariffs on more than $100 billion worth of American goods, including planes, cars, bourbon and even medical devices, if trade talks with Donald Trump fall apart. But for now, Brussels says it’s hoping cooler heads will prevail....
https://knews.kathimerini.com.cy/en/business/vasilikos-scandal-bank-accounts-under-scrutiny-in-eu-probe
Cyprus' political parties are voicing strong support for the examination of bank accounts linked to the failed Vasilikos LNG terminal as part of an ongoing investigation by the European Public Prosecutor’s Office (EPPO). ...
https://knews.kathimerini.com.cy/en/business/israeli-developers-to-launch-€40m-high-rise-project-in-larnaca
An Israeli real estate partnership is set to break ground on a €40 million high-rise residential and tourism project along the Larnaca seafront, according to a joint announcement made this week....
https://knews.kathimerini.com.cy/en/business/new-private-hospital-and-medical-campus-approved-for-lakatamia
A new private hospital is coming to Lakatamia, as the Environmental Authority has officially approved the construction of Hadassah Healthcare Park, a large-scale development that will also include a medical university, biotech offices, and student housing....
https://knews.kathimerini.com.cy/en/business/cyprus-considers-electricity-bill-surcharge-to-fund-€25-million-energy-project-payment
Cyprus is preparing to impose a temporary surcharge on electricity bills to fund a €25 million payment requested by Greece’s Independent Power Transmission Operator (ADMIE) for the Cyprus-Greece electricity interconnection project, energy officials told Parliament on Tuesday....
https://knews.kathimerini.com.cy/en/news/millions-in-cyprus-pollution-fees-diverted-from-green-goals-critics-say
Cyprus has collected hundreds of millions of euros in pollution fees over recent years, costs passed on to electricity consumers, yet much of that revenue is not being directed toward climate or clean energy projects as mandated by the European Union, raising concerns among environmental experts....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-is-being-bought-and-the-state-doesn-t-seem-to-know-or-care
About a year ago, I met with the top state official responsible for land and property issues in Cyprus. I won’t name names. My intention isn’t to target anyone personally, but I will say this: I spoke to the person who should know the most about the growing number of real estate acquisitions by non-EU nationals....
https://knews.kathimerini.com.cy/en/business/11-hotel-groups-go-private-on-water-with-€3m-state-backed-desalination-plan
Cyprus’ hotel industry is making a splash, literally. In response to mounting water concerns, 11 major hotel groups across Limassol, Larnaca, and Paphos have filed official applications to install small private desalination units on their premises....
https://knews.kathimerini.com.cy/en/news/paralimni-scraps-car-free-plan-goes-for-a-greener-smarter-town-center
Big changes are coming to the heart of Paralimni, just not the kind originally planned....
https://knews.kathimerini.com.cy/en/business/hilti-opens-new-flagship-store-in-larnaca
CTC Automotive has opened a new innovative Hilti tools store in Larnaca....
https://knews.kathimerini.com.cy/en/business/odysseas-fires-fresh-criticism-at-government-over-larnaca-towers
Odysseas Michaelides has launched fresh criticism against the government and Environment Department over the controversial high-rise development planned for the coastal refinery zone in Larnaca, accusing authorities of “selective clarification and skillful concealment” regarding environmental concerns....
https://knews.kathimerini.com.cy/en/news/eurobank-group-to-build-care-centre-and-independent-living-residences-for-people-with-disabilities
In a firm commitment to social inclusion and care of vulnerable groups, Eurobank is reinforcing its social role by announcing the development of a Day Care Centre for People with Disabilities over the age of 21, along with two Independent Living Residences for adults with autism....
https://knews.kathimerini.com.cy/en/business/environmental-department-we-don-t-approve-projects-based-on-who-applies
A beachfront development in Larnaca has triggered a public row between environmental activists and government authorities, with the Department of Environment rejecting claims that the project’s approval was politically motivated....
https://knews.kathimerini.com.cy/en/business/cypriot-businesses-go-greener-as-hundreds-certified-in-nationwide-esg-initiative
Nearly 1,000 Cypriot businesses have joined a nationwide push toward sustainability, with two-thirds already certified under Environmental, Social, and Governance (ESG) standards, marking the first-year results of a collaborative interbank initiative aimed at promoting responsible business practices....
https://knews.kathimerini.com.cy/en/business/nicosia-to-receive-over-€1-billion-in-development-projects-president-announces
President Nikos Christodoulides unveiled more than 80 projects valued at over €1 billion aimed at transforming Nicosia and its surrounding suburbs during an event Monday at the Nicosia Municipal Theater....
https://knews.kathimerini.com.cy/en/news/u-s-steps-in-to-modernize-paphos-air-base
The long-anticipated modernization of the Andreas Papandreou Air Base in Paphos is officially underway, marking a major step forward in U.S.-Cyprus defense cooperation and the Republic’s growing strategic role in the Eastern Mediterranean.
...
https://knews.kathimerini.com.cy/en/news/fire-breaks-out-at-lycavittos-elementary-school-in-nicosia
Fire crews responded Saturday night after a blaze broke out at Lycavittos Elementary School in Nicosia, causing minor damage and prompting an investigation into the cause....
https://knews.kathimerini.com.cy/en/news/fix-the-roads-already-mp-s-tour-paphos-projects-stuck-in-limbo
From broken promises to broken roads, Paphos has had its share of delays. But on Friday, members of Parliament took to the streets, literally, to check in on a number of key infrastructure projects that locals say are long overdue....
https://knews.kathimerini.com.cy/en/news/larnaca-s-skyline-set-to-rise-with-new-twin-towers-project
Larnaca is about to get a major facelift as plans move forward for a new luxury residential project featuring two soaring 20-storey buildings....
https://knews.kathimerini.com.cy/en/news/lakatamia-land-reserved-for-school-sits-idle-since-1996
Nearly three decades after land was reserved for a new school in Lakatamia, the property remains untouched, prompting fierce criticism from lawmakers who say the state has violated landowners' rights and failed to act transparently....
https://knews.kathimerini.com.cy/en/business/cyprus-salaries-rise-by-13-over-two-years-labour-minister-says
Average salaries in Cyprus have risen by 13% over the past two years, reaching approximately €2,500, Minister of Labour and Social Insurance Yiannis Panayiotou announced Wednesday, citing recent Eurostat data....
https://knews.kathimerini.com.cy/en/news/the-catalytic-role-of-legal-and-regulatory-functions-in-the-modern-era-of-sustainable-development
In the traditional business environment, legal and compliance professionals were seen as “gatekeepers.” Today, they are evolving into custodians of alignment and harmonization with legal and regulatory frameworks. ...
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/is-phedon-phedonos-gearing-up-for-2028
When Phedon Phedonos launched a fresh offensive from Paphos last month, accusing certain Cyprus-based forex companies of laundering dirty money and warning that the Cypriot economy was veering dangerously close to a “casino model,” it sent ripples through Nicosia....
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/another-worker-falls-to-death-from-construction-site
A 47-year-old construction worker died Tuesday morning after falling from a building under construction in Limassol....
https://knews.kathimerini.com.cy/en/news/cyprus-court-lifts-injunction-allows-pentakomo-harbor-construction-to-resume
The Administrative Court of Cyprus has lifted a temporary injunction that had nearly halted construction at Pentakomo Harbor for almost two months, a move allowing work to continue until the final ruling is issued....
https://knews.kathimerini.com.cy/en/news/wall-in-the-sea-at-kourion-raises-legal-questions-and-scrutiny-of-british-bases
A newly constructed wall extending into the sea at Kourion Beach has triggered public backlash and raised serious concerns about violations of coastal protection laws and the role of the British Bases in environmental oversight....
https://knews.kathimerini.com.cy/en/news/cyprus-sets-flight-path-to-the-future-with-major-airport-expansion
Cyprus officially kicked off the long-awaited Phase II expansion of its two main airports this week, setting the stage for a major upgrade to how people travel in and out of the island....
