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12° Nicosia,
18 May, 2026
 

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Displaying results 1-30 of 97 matches for query Diversify.

1. Deloitte launched the 5th edition of the Middle East & Cyprus Technology Fast 50, celebrating a new generation of regional tech champions across the region

https://knews.kathimerini.com.cy/en/business/deloitte-launched-the-5th-edition-of-the-middle-east-cyprus-technology-fast-50-celebrating-a-new-generation-of-regional-tech-champions-across-the-region

Deloitte Middle East has announced the results of the 5th edition of its Technology Fast 50 programme, celebrating the fastest-growing technology companies across Cyprus and the Middle East, and spotlighting the founders shaping the region’s future....

2. Eurobank Cyprus earnings take a hit despite €103 million quarterly profit

https://knews.kathimerini.com.cy/en/business/eurobank-cyprus-earnings-take-a-hit-despite-€103-million-quarterly-profit

Eurobank reported a profit of €103 million in Cyprus during the first three months of 2026, even as earnings on the island fell compared to last year amid lower European interest rates and growing international uncertainty....

3. IMF warns Cyprus against costly energy measures and foreclosure delays

https://knews.kathimerini.com.cy/en/news/imf-warns-cyprus-against-costly-energy-measures-and-foreclosure-delays

The International Monetary Fund (IMF) has issued clear warnings and observations about the Cypriot economy following the conclusion of its mission to the country, which took place from the last 10 days of April through early May. ...

4. EU increases Russian LNG imports despite looming energy ban

https://knews.kathimerini.com.cy/en/business/eu-increases-russian-lng-imports-despite-looming-energy-ban

The European Union has significantly increased its reliance on liquefied natural gas (LNG) from Russia in early 2026, despite its stated goal of phasing out all Russian gas imports within the next two years....

5. EU-Australia trade deal could mean cheaper imports and new export opportunities for Cyprus

https://knews.kathimerini.com.cy/en/business/eu-australia-trade-deal-could-mean-cheaper-imports-and-new-export-opportunities-for-cyprus

After nearly a decade of negotiations, Australia and the European Union have struck a sweeping free trade agreement aimed at boosting growth, lowering consumer prices and strengthening economic alliances at a time of rising global uncertainty....

6. Cyprus becomes India’s gateway to Europe as landmark trade deal takes effect

https://knews.kathimerini.com.cy/en/business/cyprus-becomes-india-s-gateway-to-europe-as-landmark-trade-deal-takes-effect

A fresh momentum is taking hold in Cyprus-India commercial relations, thanks to the free trade agreement recently finalized between the European Union and India. The deal promises lower tariffs on European products and smoother access to the vast Indian market....

7. Real Madrid tops Deloitte Football Money League as clubs achieve record €12.4bn revenue

https://knews.kathimerini.com.cy/en/news/real-madrid-tops-deloitte-football-money-league-as-clubs-achieve-record-€12-4bn-revenue

The top 20 revenue generating clubs in world football generated over €12bn in revenue for the first time, according to the 29th edition of the Football Money League published by the Deloitte Sports Business Group. ...

8. Fairfax bets big on Cyprus with stake in Eurobank Insurance

https://knews.kathimerini.com.cy/en/business/fairfax-bets-big-on-cyprus-with-stake-in-eurobank-insurance

Canadian investment giant Fairfax Financial Holdings is deepening its footprint in Cyprus, agreeing to buy 45% of ERB Insurance, the general insurance company owned by Eurobank Limited, for €59 million, a deal seen as a strong vote of confidence in the Cypriot economy....

9. Cyprus and Greek banks on a winning streak

https://knews.kathimerini.com.cy/en/business/cyprus-and-greek-banks-on-a-winning-streak

Big banks in Cyprus and Greece are riding a wave of strong performance so far in 2025, catching the eye of investors and hinting at even brighter prospects ahead....

10. BoC eyes bigger role in your financial future

https://knews.kathimerini.com.cy/en/business/boc-eyes-bigger-role-in-your-financial-future

Beyond its moves into the insurance sector, Bank of Cyprus is actively exploring additional ways to increase the bank’s overall value. ...

11. Netanyahu pushes to wean country off U.S. aid

https://knews.kathimerini.com.cy/en/news/netanyahu-pushes-to-wean-country-off-u-s-aid

In what could mark a turning point in Israeli defense policy, Prime Minister Benjamin Netanyahu has told lawmakers that Israel should begin to reduce its dependency on U.S. military aid, a financial lifeline that has long been seen as a cornerstone of the alliance between Washington and Jerusalem....

12. Bank of Cyprus buys out Ethniki Insurance in €29.5M deal

https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-buys-out-ethniki-insurance-in-€29-5m-deal

The Bank of Cyprus is making a bold move to strengthen its footprint in the island’s insurance market, announcing today that it has signed a binding agreement to acquire 100% of Ethniki Cyprus Insurance Ltd....

13. Cyprus courts U.S. investors in energy, tech, and finance

https://knews.kathimerini.com.cy/en/business/cyprus-courts-u-s-investors-in-energy-tech-and-finance

Cyprus is making a bold push to attract American investment, with President Nicos Christodoulides leading a high-profile delegation to the United States....

14. Cypriot businesses set their sights on the U.S.

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....

15. Bank of Cyprus posts €508M profit for 2024

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....

16. Larnaka: New projects, new energy, and a bright outlook for its tourism

https://knews.kathimerini.com.cy/en/news/larnaka-new-projects-new-energy-and-a-bright-outlook-for-its-tourism

Larnaka is on the verge of an exciting transformation. With its beautiful coastline, rich history, and growing modern developments, the city is becoming an increasingly attractive spot for tourists....

17. Big US companies borrowing in Europe to save money

https://knews.kathimerini.com.cy/en/business/big-us-companies-borrowing-in-europe-to-save-money

Big American companies are increasingly turning to Europe to borrow money at lower costs, taking advantage of cheaper interest rates compared to those in the US....

18. Christodoulides to visit US in April to boost Cyprus investments

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. ...

19. Japan unrolls eco-friendly toilet paper made from used diapers

https://knews.kathimerini.com.cy/en/news/japan-unrolls-eco-friendly-toilet-paper-made-from-used-diapers

A team of local governments and private firms in Japan has developed the world's first toilet paper made from materials including used diapers, and has high hopes the initiative will help protect the environment....

20. Hellenic Bank CEO Michalis Louis on merger plans and Cyprus' future

https://knews.kathimerini.com.cy/en/business/hellenic-bank-ceo-michalis-louis-on-merger-plans-and-cyprus-future

According to Kathimerini's Panayiotis Rougalas, Michalis Louis, in his first interview since becoming CEO of Hellenic Bank, discussed the challenges and opportunities ahead, especially in the context of the bank’s merger plans and its strategies for growth....

21. Cybersecurity and ICT risks emerge as leading drivers of operational risk

https://knews.kathimerini.com.cy/en/business/cybersecurity-and-ict-risks-emerge-as-leading-drivers-of-operational-risk

Geopolitical tensions have significantly increased operational risks, particularly in the areas of cyber and digital threats, as well as risks related to money laundering and sanctions compliance....

22. Cyprus strengthens military strategy with focus on US armaments

https://knews.kathimerini.com.cy/en/news/cyprus-strengthens-military-strategy-with-focus-on-us-armaments

Cyprus has been making strategic shifts in its military and diplomatic approach, particularly with regard to its relationship with NATO and its defense infrastructure, according to an article by Apostolos Tomaras in this Sunday's Kathimerini. ...

23. Israel-Cyprus-Greece energy ties more important than ever, says Ambassador

https://knews.kathimerini.com.cy/en/news/israel-cyprus-greece-energy-ties-more-important-than-ever-says-ambassador

Israel’s Ambassador to Cyprus, Oren Anolik, emphasized the growing importance of cooperation between Israel, Cyprus, and Greece, particularly in the field of energy,...

24. Cyprus achieves first A-level credit rating in major milestone

https://knews.kathimerini.com.cy/en/business/cyprus-achieves-first-a-level-credit-rating-in-major-milestone

Scope Ratings has upgraded Cyprus's credit rating to A- from BBB+, marking the country's first A-level rating from a major credit agency....

25. Protests rise against Barcelona's growing tourist influx

https://knews.kathimerini.com.cy/en/news/protests-rise-against-barcelona-s-growing-tourist-influx

Barcelona is grappling with a surge in tourism that has led to rising tensions among locals. Iconic landmarks like Sagrada Familia and Park Güell, along with bustling streets like Las Ramblas, are attracting 170,000 visitors daily, according to city authorities. ...

26. Tuesday is Cyprus' last chance to end its energy isolation

https://knews.kathimerini.com.cy/en/business/tuesday-is-cyprus-last-chance-to-end-its-energy-isolation

A crucial meeting in Nicosia on Tuesday hopes to resolve months of tensions surrounding the Israel-Cyprus-Crete electricity interconnection project, a key energy link between Europe and the Mediterranean....

27. Younger tourists are choosing Cyprus in the winter

https://knews.kathimerini.com.cy/en/news/younger-tourists-are-choosing-cyprus-in-the-winter

In a bid to extend Cyprus's tourism season, a recent survey commissioned by Hermes Airports highlights promising opportunities for bolstering winter tourism, according to a report by Pavlos Neophytos....

28. ICT sector powers Cyprus' economic growth

https://knews.kathimerini.com.cy/en/news/ict-sector-powers-cyprus-economic-growth

Almost all of the productivity growth in Cyprus' economy over the past three years can be attributed to the Information and Communication Technology......

29. Moderna's combined COVID-Flu vaccine proves effective

https://knews.kathimerini.com.cy/en/news/moderna-s-combined-covid-flu-vaccine-proves-effective

Moderna's combined COVID-19 and flu vaccine has demonstrated efficacy equivalent to that of separate shots in late-stage trials, according to results published on Monday. ...

30. Government prioritizes cross-border electricity links at EU council

https://knews.kathimerini.com.cy/en/news/government-prioritizes-cross-border-electricity-links-at-eu-council

Electricity interconnection with third countries is a constant priority for Cyprus, the Permanent Secretary of the Ministry of Energy, Commerce and Industry......

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