https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-awarded-best-private-bank-cyprus-2025-by-global-banking-finance-review
Bank of Cyprus has been awarded the prestigious title of ''Best Private Bank Cyprus 2025'' by Global Banking & Finance Review magazine, reaffirming its position as the country’s leading financial institution. ...
https://knews.kathimerini.com.cy/en/news/cyprus-government-unveils-plans-to-tackle-housing-crisis
Cypriots struggling with the growing housing crisis can breathe a little easier, thanks to new government measures aimed at making homes more affordable and accessible....
https://knews.kathimerini.com.cy/en/business/consulco-welcomes-christoforos-kittenis-as-director-at-london-credit
Consulco is proud to announce the addition of Christoforos Kittenis to the team as Director at London Credit, the UK-based lender of the Consulco Group....
https://knews.kathimerini.com.cy/en/business/cyprus-sees-investment-boom-as-foreign-companies-flock-to-the-island
The investment scene in Cyprus is off to a strong start in 2025, with foreign investors showing increased enthusiasm for setting up businesses on the island....
https://knews.kathimerini.com.cy/en/business/new-leadership-appointments-at-k-treppides-co-ltd
The Management of K. Treppides & Co Ltd is thrilled to announce the appointment of new leaders to our Board of Directors and Board of Management, effective from 1 March 2025. This highlights our commitment to fostering excellence and promoting talent from within our ranks....
https://knews.kathimerini.com.cy/en/news/lack-of-certificate-of-occupancy-puts-homeowners-at-risk-in-rent-to-mortgage-plan
A surprising revelation in the ongoing discussion about the Rent to Mortgage Scheme has raised concerns for homeowners across Cyprus: around 60% of the properties involved in the scheme do not have an official certificate of occupancy, meaning that a building complies with all necessary regulations and is safe for use or habitation....
https://knews.kathimerini.com.cy/en/business/mps-mull-casino-cash-exemption-despite-laundering-fears
A proposal to exempt casinos from Cyprus' €10,000 cash transaction limit has sparked a heated debate in parliament, with regulators warning that such a move could open the door to money laundering and create unequal rules for businesses....
https://knews.kathimerini.com.cy/en/news/concerns-raised-over-dangerous-sprays-and-waste-management-at-carnivals
The use of hazardous sprays at carnival celebrations has come under scrutiny following a recent discussion before the Parliamentary Environment Committee....
https://knews.kathimerini.com.cy/en/business/vasilikos-project-needs-another-€200-million—will-it-ever-be-finished
The ambitious Vasilikos gas terminal project in Cyprus is facing significant financial and logistical hurdles, with an additional €200 million needed to complete construction. ...
https://knews.kathimerini.com.cy/en/news/cyprus-tax-reform-bold-overhaul-aims-to-boost-economy-but-sparks-debate
Cyprus is preparing to implement its first major tax reform in over two decades, aiming to modernize the tax system, boost competitiveness, and align with international standards....
https://knews.kathimerini.com.cy/en/news/33east-unites-cyprus-startup-ecosystem-for-official-fund-launch
33East, a Cyprus-focused venture capital firm, is officially launching its debut fund with an event bringing together founders, investors, and key ecosystem leaders who share the vision of transforming Cyprus into a hive for innovation and entrepreneurship....
https://knews.kathimerini.com.cy/en/news/police-demand-€45-000-for-carnival-security-sparks-outrage
A €45,000 bill from the police to Limassol's local authorities for security at this year's Sunday carnival parade has stirred heated reactions, with municipal officials calling the demand unacceptable and legally baseless....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-rolls-out-the-red-carpet-for-civil-servants
A decade after the financial crisis that forced Cyprus to slash public sector benefits under the terms of its bailout agreement, the government is now gradually rolling back austerity measures — handing back perks to civil servants in a move seen as both politically strategic and potentially risky....
https://knews.kathimerini.com.cy/en/news/kuwait-embassy-in-cyprus-marks-national-day-with-high-profile-celebration
The Embassy of the State of Kuwait in Cyprus marked its 64th National Day and 34th Liberation Day with a grand reception at the Hilton Nicosia on February 25, bringing together top Cypriot officials, diplomats, and dignitaries....
https://knews.kathimerini.com.cy/en/news/nicosia-s-old-gsp-transformed-into-urban-park-ready-for-public-use
The long-awaited redevelopment of the old GSP site is nearly complete and is set to be handed over to the Nicosia Municipality in March.
...
https://knews.kathimerini.com.cy/en/news/supreme-court-ruling-forces-haircut-victims-to-district-courts
The Cyprus Supreme Court has confirmed that cases related to the controversial 2013 ''haircuts'' at Bank of Cyprus and Laiki Bank must be heard by District Courts, not the Administrative Court, according to a statement from the Legal Service.
...
https://knews.kathimerini.com.cy/en/business/green-oasis-or-business-hub-the-fight-over-nicosia-s-state-fair-site
The Nicosia Municipality, Nicosia district MPs, and residents of Engomi are increasing pressure on the government to reconsider its plans for developing the State Fair site. ...
https://knews.kathimerini.com.cy/en/news/from-greece-to-the-balkans-steve-bannon-warns-of-the-looming-threat-of-world-war-iii
Steve Bannon, former White House strategist and controversial figure behind the MAGA movement, has made his home and podcast headquarters in one of Washington, D.C.'s most prestigious neighborhoods, just a stone’s throw from the U.S. Capitol....
https://knews.kathimerini.com.cy/en/news/the-battle-over-the-state-fair-site
The Nicosia Municipality is pushing the government to rethink its plans for the State Fair site, with the issue heating up as discussions intensify between local leaders and officials....
https://knews.kathimerini.com.cy/en/news/is-cyprus-public-sector-too-large-hiring-freeze-lifted-amid-rising-costs
The Cyprus government is set to fully lift the ban on hiring permanent public sector employees, marking a significant shift from austerity measures imposed over a decade ago....
https://knews.kathimerini.com.cy/en/news/in-cyprus-schools-a-frying-pan-movement-collects-cooking-oil-for-fuel
Scientists in Cyprus have enlisted children to help recycle used cooking oil into biofuel, Reuters reported last week....
https://knews.kathimerini.com.cy/en/business/wizz-air-celebrates-9-million-passenger-milestone-in-cyprus
Wizz Air, EMEA’s most environmentally sustainable airline , proudly announces a major milestone in Cyprus, surpassing 9 million passengers transported to and from Larnaca International Airport since launching operations in the country. ...
https://knews.kathimerini.com.cy/en/news/cyprus-boosts-maritime-security-with-high-tech-coastguard-vessels
In a significant step to enhance Cyprus’ maritime security, the Port and Maritime Police introduced ten new high-tech vessels at a ceremony held at Limassol Port today. ...
https://knews.kathimerini.com.cy/en/news/finance-minister-doubts-future-of-cyprus-greece-interconnector-project
Finance Minister Makis Keravnos said on Tuesday that he is not particularly optimistic about the Great Sea Interconnector (GSI) electricity interconnection project with Greece, especially while there are still serious political obstacles posed by Turkey....
https://knews.kathimerini.com.cy/en/news/shortcomings-in-cyprus-citizenship-and-immigration-processes
A recent audit of the Department of Population and Immigration (DPI) has revealed significant delays in the processing of citizenship applications, particularly those based on marriage to a Cypriot citizen....
https://knews.kathimerini.com.cy/en/news/freedom-holding-corp-reports-57-surge-in-q3-revenue-hits-$9-billion-market-cap-milestone
Freedom Holding Corp. (FRHC), the parent company of Freedom24, has announced two significant milestones: strong third quarter results for fiscal year 2025 and a record market capitalisation of $9 billion....
https://knews.kathimerini.com.cy/en/news/no-relief-in-sight-as-electricity-prices-to-remain-high-until-2027
Electricity prices in Cyprus are expected to remain elevated for the next two years, according to the chairman of the EAC....
https://knews.kathimerini.com.cy/en/news/multiple-pensions-on-their-last-leg
With public statements from both Parliament and the Presidential Palace setting high expectations from the outset, the issue of multiple pensions for state officials is now reaching its decisive phase....
https://knews.kathimerini.com.cy/en/news/cyprus-moves-to-ease-car-recall-chaos-with-rental-cars-and-free-bus-passes
The government is stepping in to help drivers impacted by the Takata airbag recall by arranging discounted rental cars and free public transport passes for those whose vehicles have been immobilized....
https://knews.kathimerini.com.cy/en/news/cyprus-unemployment-drops-10-6-in-a-year
The number of unemployed people in Cyprus saw a significant drop in January 2025, with official figures showing a 10.6% decrease compared to the same time last year....
