https://knews.kathimerini.com.cy/en/comment/opinion/trump-s-jet-nikaros-flex-and-the-kalavasos-bridge-that-came-up-short
The story made global headlines. Qatar (yes, those damn Qataris again, always meddling, always targeting our spotless, pure-as-snow leaders) is reportedly planning to gift Trump a plane. ...
https://knews.kathimerini.com.cy/en/business/cyprus-meets-cambodia-a-bridge-to-bold-business-ventures
For Cypriot entrepreneurs and companies, this is more than a passing opportunity; it’s a golden ticket into a vibrant, fast-growing market of over 600 million people....
https://knews.kathimerini.com.cy/en/business/apartments-take-the-lead-in-cyprus-property-market-boom
Apartments were the standout performers in Cyprus' real estate market in 2024, taking the lead in both sales volume and overall value, according to a detailed analysis by Landbank Analytics....
https://knews.kathimerini.com.cy/en/business/new-15-tax-hits-hellenic-hard-as-profits-drop-by-half
Hellenic Bank has just become the poster child for how Cyprus’ new 15% minimum tax law is starting to shake up the financial sector — and it’s not just about tax bills....
https://knews.kathimerini.com.cy/en/news/cyprus-courts-facing-backlog-of-non-performing-loan-cases
There are currently 3,000 unresolved cases involving unpaid loans piling up in Cyprus' courts. These cases are being handled by judges based on the workload of each district court....
https://knews.kathimerini.com.cy/en/news/two-hungarians-jailed-for-selling-homes-on-occupied-land
Two Hungarian nationals were sentenced to prison on Friday for their involvement in advertising and promoting the sale of homes on Greek Cypriot land in the occupied territories....
https://knews.kathimerini.com.cy/en/news/larnaca-s-horizon-towers-is-a-fresh-start-for-the-city-s-waterfront
What was once a hub for oil and gas storage in Larnaca is about to be transformed into a thriving, modern neighborhood. ...
https://knews.kathimerini.com.cy/en/business/end-of-an-era-era-department-stores-changing-hands-for-just-€1-but-there-s-more-to-the-story
In a surprising but strategic move, Ermes Department Stores Plc announced that it is selling off all four ERA department stores to Gencom Ltd., and the official sale price is just €1....
https://knews.kathimerini.com.cy/en/news/greece-targets-ferry-duopoly-as-costs-soar-and-competition-sinks
Greece’s Competition Commission has launched a full investigation into the coastal passenger ferry industry following evidence of price-fixing and market distortion among dominant operators....
https://knews.kathimerini.com.cy/en/business/first-pandora-and-new-balance-stores-open-in-cyprus
Cyprus shoppers have something new to be excited about, the country’s first-ever Pandora Jewellery and New Balance stores are opening at Nicosia Mall. ...
https://knews.kathimerini.com.cy/en/news/olympia-nisiforou-constantinos-yiorkadjis-and-george-chryssochos-to-speak-at-green-agenda-cyprus-summit-2025
This year’s Green Agenda Cyprus Summit will shine a spotlight on how Cyprus can step up its role in environmental protection and sustainable development. ...
https://knews.kathimerini.com.cy/en/news/cypriot-banks-on-the-rise-as-credit-upgrades-could-mean-cheaper-loans-for-all
Cypriot banks are starting 2025 on a high note, collecting credit upgrades from major international rating agencies and setting the stage for wider economic benefits that could reach the average citizen....
https://knews.kathimerini.com.cy/en/business/cyprus-fuel-prices-raise-eyebrows-and-questions
If you feel like you’re paying more at the pump lately, you’re not imagining it....
https://knews.kathimerini.com.cy/en/business/€50m-alphamega-complex-set-to-transform-nicosia-shopping-scene
A brand new €50 million ALPHAMEGA hypermarket and commercial complex is on the way to Engomi, and it’s not just a supermarket....
https://knews.kathimerini.com.cy/en/news/parents-caregivers-could-soon-work-less-as-cyprus-pushes-for-flexible-hours-in-public-sector
Working parents in Cyprus’ public sector may soon get the option to trim their daily hours by up to two, under a new government push to make work and family life easier to juggle. ...
https://knews.kathimerini.com.cy/en/news/giorgos-pechlivanoglou-giorgos-petrou-and-giorgos-tziortzis-to-speak-at-green-agenda-cyprus-summit
This year’s Sustainable Development Conference will focus on supporting and advancing the national strategy for a Green Transition....
https://knews.kathimerini.com.cy/en/comment/opinion/why-london-s-real-estate-market-remains-one-of-the-most-liquid-in-the-world
London’s property market has long been considered a safe bet for investors. The reason? It’s all about liquidity. ...
https://knews.kathimerini.com.cy/en/business/emirates-and-aegean-enhance-partnership-to-offer-reciprocal-loyalty-benefits
Emirates Skywards members can now earn and redeem Miles on all flights operated by AEGEAN; and similarly, Miles+Bonus members can earn and redeem miles on all flights operated by Emirates....
https://knews.kathimerini.com.cy/en/news/cyprus-avoids-water-cuts-but-your-bill-might-take-a-hit
Cyprus has sidestepped water cuts this summer thanks to a last-minute deal with the United Arab Emirates for 15 mobile desalination units....
https://knews.kathimerini.com.cy/en/news/nicosia-nabs-top-spot-in-cyprus-s-priciest-property-sales-for-march
Nicosia topped the charts in March with the most expensive property sale in Cyprus, a whopping €29.3 million office transaction in the central district of Agioi Omologites, according to property data firm Ask Wire....
https://knews.kathimerini.com.cy/en/news/jumbo-eyes-larnaca-and-protaras-for-future-expansion-but-no-timeline-yet
Retail giant Jumbo has confirmed its interest in opening two new stores in Cyprus, one in Larnaca and another in Protaras, but clarified that there’s no set plan or timeframe at this stage. ...
https://knews.kathimerini.com.cy/en/news/cyprus-gets-back-on-track-with-three-stalled-mega-projects
After months of setbacks and stalled progress, three of Cyprus’ biggest public works projects are getting a fresh start. ...
https://knews.kathimerini.com.cy/en/news/ai-adoption-could-boost-global-gdp-by-an-additional-15-percentage-points-by-2035-as-global-economy-is-reshaped-pwc-research
New research published today by PwC reveals that AI has the potential to boost global economic output by up to 15 percentage points over the next decade. ...
https://knews.kathimerini.com.cy/en/business/cypriots-eye-business-opportunities-but-fear-of-failure-still-looms
A growing number of Cypriots believe the island is ripe for starting a business—but fear of failure is still holding many back, according to the National Report on Entrepreneurship in Cyprus 2023/2024, released Tuesday by the Centre for Entrepreneurship at the University of Cyprus....
https://knews.kathimerini.com.cy/en/news/lidl-cyprus-celebrates-15-years-with-a-15-discount-on-all-fresh-pork-and-beef-products
With 15 years of continuous growth and trust, the company continues to invest in competitive prices and strict quality standards for all consumers....
https://knews.kathimerini.com.cy/en/news/banks-extend-protection-for-stranded-property-buyers-until-july-2025
Stranded property buyers have been given a fresh lifeline, as Cyprus’ banks have agreed to extend the freeze on property sales and repossessions until the end of July 2025....
https://knews.kathimerini.com.cy/en/comment/opinion/is-development-finance-the-key-to-fixing-london-s-housing-crisis
London’s housing crisis is certainly nothing new, but its consequences are becoming increasingly harder to ignore....
https://knews.kathimerini.com.cy/en/business/cyprus-proposes-opening-turkish-port-to-cypriot-ships
In a move that could significantly alter Cyprus-Turkey relations, Cyprus has reportedly made a proposal to Turkey to open one of its ports to Cypriot-flagged ships, a long-standing issue that has been unresolved since 1987....
https://knews.kathimerini.com.cy/en/business/ancoria-bank-shifts-to-cypriot-hands-in-major-shake-up
Banking changes in Cyprus are rolling full steam ahead in 2025, with Ancoria Bank now seeing a major shift in its ownership. Entrepreneur and co-founder of XM, Kostas Kleanthous, has reached an agreement to buy more than 50% of Ancoria Bank, making him the new majority shareholder. ...
https://knews.kathimerini.com.cy/en/news/cyprus-posts-second-highest-budget-surplus-in-the-eu-for-2024
Cyprus has posted the second-largest government surplus in the European Union for 2024, tying with Ireland and just behind Denmark, according to new data released by Eurostat on Tuesday....