https://knews.kathimerini.com.cy/en/news/cyprus-slips-into-deflation-for-the-first-time-since-2021
Cyprus recorded deflation in May 2025 for the first time in more than four years, with the annual inflation rate turning negative at -0.2%, according to data released on Thursday by the Statistical Service of Cyprus....
https://knews.kathimerini.com.cy/en/news/tornaritis-launches-get-up-movement-politics-but-run-like-a-business
Christoforos Tornaritis has unveiled the first glimpse of his new political movement, ''Get Up,'' which promises to ditch traditional politics in favor of what he calls a more professional, business-style approach to running the country....
https://knews.kathimerini.com.cy/en/news/petrolina-participates-in-a-beach-clean-up-campaign-for-world-environment-day
On the occasion of World Environment Day, Petrolina contributed to a series of beach clean-up activities held on Thursday, 5 June 2025, in Ayia Napa, Protaras, Larnaka and Limassol,...
https://knews.kathimerini.com.cy/en/business/cyprus-exits-eu-s-macroeconomic-imbalance-list-as-brussels-urges-reforms-in-innovation-energy-and-education
Cyprus is no longer considered a country with macroeconomic imbalances, the European Commission announced Wednesday in its 2025 Spring Package, marking a significant milestone in the nation’s post-crisis economic recovery....
https://knews.kathimerini.com.cy/en/news/greece-appoints-seasoned-diplomat-as-new-ambassador-to-cyprus
A new chapter begins at the Greek Embassy in Nicosia as veteran diplomat Constantinos Kollias officially takes over as Greece’s new ambassador to Cyprus, succeeding Ioannis Papameletiou, whose term ended after a successful tenure....
https://knews.kathimerini.com.cy/en/news/cyprus-s-booming-defense-industry-nets-€40m-as-officials-call-for-faster-growth
Cyprus’s defense industry has grown tenfold in recent years, with approximately 30 companies now generating an estimated €40 million in revenue annually, officials revealed Tuesday during a session of the Parliamentary Committee on Energy, Commerce and Industry....
https://knews.kathimerini.com.cy/en/business/porsche-hits-the-brakes-on-taycan-ev-sales-over-fire-risk
Porsche has temporarily pulled some of its Taycan electric cars from UK showrooms due to concerns about potential battery fires. The Taycan, a luxury EV that launched in 2019, has been hit with several recalls over the years, and now, safety worries are putting the brakes on sales again....
https://knews.kathimerini.com.cy/en/news/despite-presidential-pleas-cyprus-electricity-bills-set-to-rise-again
Despite the president’s intervention, the Cyprus Electricity Authority (ΑΗΚ) has gotten its way once again, and consumers are set to face higher electricity bills....
https://knews.kathimerini.com.cy/en/news/cyprus-has-the-sun-now-it-needs-the-tech
What if Cyprus could go from Europe’s most expensive electricity to a clean energy powerhouse?...
https://knews.kathimerini.com.cy/en/news/the-landmark-nicosia-towers-the-ultimate-5-star-lifestyle-choice-in-nicosia
As the most prestigious real estate project in the modern history of Nicosia is developing in full speed, the vision of the owner MHV, a company group with a prominent role in the luxury hospitality and premium real estate scene of Cyprus and the Eastern Mediterranean, is becoming more and more evident....
https://knews.kathimerini.com.cy/en/business/coral-energy-shell-licensee-strengthens-ties-with-its-partners-in-the-cypriot-market
https://knews.kathimerini.com.cy/en/life/meet-the-woman-rolling-through-limassol-and-leading-the-city-s-skating-revival
In the bustling city streets of Limassol, a vibrant roller skating community is carving out a fresh cultural identity, led by instructor and skating enthusiast Nektaria Mala....
https://knews.kathimerini.com.cy/en/business/byd-officially-debuts-in-cyprus-at-glamorous-old-gsp-square-event
In the fully renovated and iconic Old GSP Square, BYD made its official debut in the Cypriot market during a glamorous event hosted by Alpan Group, a member of the Sfakianakis Group and the official distributor of BYD vehicles in Cyprus....
https://knews.kathimerini.com.cy/en/news/cypriots-ready-to-embrace-home-energy-storage-but-only-with-subsidies-survey-finds
A recent survey reveals strong Cypriot consumer support for expanding household photovoltaic (PV) systems with battery storage, but adoption hinges on government subsidies, according to research by Realpolls presented at the Green Agenda Cyprus Summit....
https://knews.kathimerini.com.cy/en/news/eac-admits-fire-risk-in-thousands-of-homes
Thousands of homes in Cyprus may be at risk of fire, electric shock, or damage to appliances due to faulty circuit breakers, and for the first time, the Electricity Authority of Cyprus (EAC) is acknowledging the problem....
https://knews.kathimerini.com.cy/en/news/nicosia-gears-up-for-the-ultimate-summer-street-fest-on-june-3
Mark your calendars and bring your appetite, Epic Street Fest Summer Edition is taking over the newly transformed old GSP park in central Nicosia on Monday, June 3, from 7:00 p.m. to midnight, ...
https://knews.kathimerini.com.cy/en/business/india-turns-its-gaze-to-cyprus-as-gateway-to-europe-and-the-middle-east
Cyprus is emerging as a promising bridge between India and the broader regions of Europe and the Middle East, with business ties between the two countries gaining serious momentum....
https://knews.kathimerini.com.cy/en/business/china-s-byd-rolls-into-cyprus-with-big-ev-plans
Chinese electric vehicle giant BYD is officially driving into the Cypriot market, and it’s coming in full throttle....
https://knews.kathimerini.com.cy/en/news/eac-adjusts-smart-meter-rollout-after-appliance-damage-reports
The Electricity Authority of Cyprus (EAC) will revise its smart meter installation strategy following a series of reported incidents, including fires and damaged appliances, officials said....
https://knews.kathimerini.com.cy/en/business/global-vc-investment-rises-in-q1-25-on-back-of-record-setting-$40-billion-open-ai-deal-according-to-kpmg-s-venture-pulse
Global VC investment surged from $118.7 billion in Q4’24 to an eleven-quarter high of $126.3 billion in Q1’25, despite ongoing geopolitical conflicts and tensions, continued concerns about global trade and tariffs, and the delay of a major reopening in the IPO market....
https://knews.kathimerini.com.cy/en/news/the-life-pharma-detox-system-offers-solutions-to-pharmaceutical-pollution
Medochemie is taking a leading role in addressing one of the most pressing environmental challenges currently faced by the pharmaceutical industry: the management and reduction of pharmaceutical pollution....
https://knews.kathimerini.com.cy/en/business/project-zero-lidl-cyprus-continues-to-join-forces-with-akti-for-even-cleaner-beaches-and-coastlines
Lidl Cyprus, steadfast in its commitment to sustainable development and an active environmental footprint, carried out the major coastal clean-up action within the framework of Project Zero for yet another year,...
https://knews.kathimerini.com.cy/en/life/beats-beyond-borders-how-cyprus-djs-are-uniting-a-divided-capital
Cyprus has been divided for more than half a century, with its capital, Nicosia, split down the middle. But while politicians continue to stumble on the path to reunification, a new generation of DJs and music lovers is quietly achieving what decades of diplomacy have not: bringing the island’s two communities together, one party at a time. ...
https://knews.kathimerini.com.cy/en/business/king-s-gardens-a-prime-investment-in-the-heart-of-nicosia
https://knews.kathimerini.com.cy/en/news/christodoulides-calls-on-cypriots-abroad-to-come-home-‘cyprus-needs-your-talent
President Nikos Christodoulides has issued a heartfelt invitation to Cypriots living abroad: come home and help build the future of Cyprus....
https://knews.kathimerini.com.cy/en/news/crete-earthquake-shakes-the-region-tremors-felt-in-cyprus
A powerful earthquake struck off the northern coast of Crete early Thursday morning, shaking large parts of Greece and even being felt in areas of Cyprus. Fortunately, despite the strength of the tremor, there are no reports of serious damage or injuries....
https://knews.kathimerini.com.cy/en/business/india-s-business-titans-set-up-shop-in-cyprus-opening-door-to-eu-expansion
Cyprus is emerging as a key gateway for Indian companies seeking access to European and Middle Eastern markets, with the arrival of two major conglomerates, Thomas Cook India and LTIMindtree, signaling a new phase of economic cooperation....
https://knews.kathimerini.com.cy/en/news/unic-led-international-team-pioneers-ai-technology-for-aerospace-and-mechanical-engineering-advancement
An international research team led by the University of Nicosia, in collaboration with the Air Force Research Laboratory (AFRL), the German Aerospace Center (DLR), has developed an advanced Artificial Intelligence (AI) model that could transform technology for high-speed aircraft, space exploration, and beyond....
https://knews.kathimerini.com.cy/en/news/green-agenda-cyprus-summit-2025-paving-the-way-for-a-greener-future
As part of Cyprus’ ongoing effort toward a successful Green Transition, and with the broader goal of becoming a model for eco-friendly living and sustainable development, the Green Agenda Cyprus Summit was held for the second consecutive year, drawing strong participation and praise....
https://knews.kathimerini.com.cy/en/business/new-bean-bar-opens-in-larnaca
Bean Bar is expanding its presence in the market, spreading its unique… vibes to more and more areas across Cyprus. ...