https://knews.kathimerini.com.cy/en/business/cyprus-airways-and-flydubai-announce-interline-partnership-to-expand-global-connectivity
Cyprus Airways and flydubai, the Dubai-based airline, have announced the launch of a new interline agreement, designed to enhance international connectivity and provide passengers with seamless access to an expanded network of destinations across the Middle East and the GCC, Asia and Africa....
https://knews.kathimerini.com.cy/en/news/us–iran-draft-deal-nears-completion-report-says
A final draft of a possible agreement between the United States and Iran could be announced within hours, according to reports from Al Arabiya sources, marking what could be a major diplomatic breakthrough in long-running tensions between the two countries....
https://knews.kathimerini.com.cy/en/business/cyprus-shipping-booms-as-industry-hts-25-year-high
Cyprus’ shipping industry is reaching new highs, with the country strengthening its position as one of the world’s major maritime hubs at a time when global trade and regional instability continue reshaping international shipping routes....
https://knews.kathimerini.com.cy/en/business/invest-cyprus-and-the-portuguese-brazilian-chamber-of-commerce-strengthen-the-bridge-between-brazil-portugal-cyprus-and-middle-east
Invest Cyprus participated in the exclusive event “From Brazil to Europe & MENA: Unlocking Business & Investment Opportunities through Portugal and Cyprus”, held on 28 April 2026 at the WTC Lisbon. The event brought together distinguished leaders, investors, policymakers, and representatives of the innovation ecosystem to highlight new strategic pathways connecting Brazil, Portugal, Cyprus, Europe, and the Middle East....
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....
https://knews.kathimerini.com.cy/en/news/ted-turner-founder-of-cnn-and-broadcasting-pioneer-dies-at-87
Media entrepreneur Ted Turner, the founder of CNN and one of the most influential figures in television news, has died at 87, according to the network he created....
https://knews.kathimerini.com.cy/en/business/airlines-slash-millions-of-seats-as-fuel-fears-shake-global-travel
Airlines around the world are cutting flights, shrinking schedules, and scrambling to save fuel as growing concerns over global fuel supplies begin to hit the aviation industry.
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https://knews.kathimerini.com.cy/en/business/cyprus-economy-still-growing-but-cracks-may-be-starting-to-show
Cyprus’ economy continues to show steady growth, underlining its flexibility and resilience in the face of external shocks such as the ongoing Russia-Ukraine war and recent conflicts in the Middle East....
https://knews.kathimerini.com.cy/en/news/kathimerini-exclusive-ursula-von-der-leyen-on-europe-s-challenges-energy-strategy-and-the-cyprus-issue
Outlining the main challenges facing the European Union during a period of rising geopolitical uncertainty and energy pressure, the President of the European Commission says the answer lies in unity, faster progress on the energy transition, and a stronger international role....
https://knews.kathimerini.com.cy/en/news/eu-leaders-meet-in-ayia-napa-as-farmers-shut-down-roads-and-port
Late Thursday night, just minutes before midnight, the first day of the informal EU summit at the Ayia Napa Marina wrapped up at 11:45 p.m....
https://knews.kathimerini.com.cy/en/news/hormuz-shuts-again-as-iran-cites-us-‘piracy
The Strait of Hormuz has once again become the focal point of a rapidly escalating confrontation, with Iran declaring the passage effectively closed following what it describes as continued acts of “piracy” by the United States. ...
https://knews.kathimerini.com.cy/en/comment/opinion/gaza-as-a-riviera-and…-iran-as-texas
The map of the Middle East is being redrawn. The Gulf states are in shock and looking for new alliances, uneasy about relying on what used to be called the American umbrella. ...
https://knews.kathimerini.com.cy/en/news/climate-progress-hinges-on-peace-in-the-eastern-mediterranean-says-jeffrey-sachs
Professor Jeffrey Sachs emphasized that meaningful climate action in the Eastern Mediterranean and Middle East depends heavily on achieving political stability and cooperation across the region....
https://knews.kathimerini.com.cy/en/business/oil-prices-drop-but-drivers-aren-t-seeing-relief-at-the-pump
Even if tensions in the Persian Gulf begin to ease, a quick return to lower energy prices is unlikely. Reopening the Strait of Hormuz, a vital route for global oil and gas shipments, would certainly help restore supply. However, it is only one step in the recovery process....
https://knews.kathimerini.com.cy/en/comment/opinion/europe-s-energy-shock-is-cyprus-opportunity
The crisis triggered in Europe by Russia’s invasion of Ukraine stands as the most severe since the 1970s. It was driven largely by Europe’s heavy dependence on Russian natural gas, which disrupted about 45% of demand....
https://knews.kathimerini.com.cy/en/news/ceasefire-declared-as-trump-claims-‘complete-victory-in-iran-war
A fragile pause in the Iran war has been declared after 40 days of escalating conflict, with former US president Donald Trump announcing a two-week ceasefire and calling it a “complete victory,” even as violence continues across the region....
https://knews.kathimerini.com.cy/en/business/middle-east-conflict-threatens-cyprus-tourism-ports-and-banks-says-dbrs
Cyprus’ sunny beaches, luxury resorts, and bustling ports could soon feel the ripple effects of turmoil in the Middle East. A new report from Canadian rating agency Morningstar DBRS warns that the island’s heavy dependence on tourism and shipping makes it particularly vulnerable to disruptions from the Gulf....
https://knews.kathimerini.com.cy/en/news/why-long-haul-travel-from-cyprus-is-suddenly-more-complicated-and-more-expensive
For years, flying from Cyprus to Asia or Australia often meant one relatively affordable connection through the Gulf. That era may be ending, at least for now....
https://knews.kathimerini.com.cy/en/comment/opinion/circumstance-waits-for-no-one
Cyprus is no stranger to crises or shocks, whether they come from external or internal forces. Its geopolitical position makes it especially vulnerable to instability, but it also places the country at the center of developments that directly shape its economic activity....
https://knews.kathimerini.com.cy/en/comment/opinion/does-war-create-opportunities-for-the-economy
The ever-increasing duration of military operations in Iran shows no sign of ending anytime soon unless the United States and Israel choose to step back. While that option is at least being considered in Washington, along with the search for a pretext, it appears inconceivable in Israel to retreat from what it has framed as its own ''mother of all battles.''...
https://knews.kathimerini.com.cy/en/news/us-to-pay-nearly-$1-billion-to-kill-wind-project-just-as-oil-prices-skyrocket
In an almost too ironic twist, the Trump administration announced it will pay French energy giant TotalEnergies nearly $1 billion to scrap plans for offshore wind farms on the US East Coast, just as global oil and gas prices spike due to the conflict in Iran....
https://knews.kathimerini.com.cy/en/news/hms-dragon-arrives-in-cyprus-after-two-week-journey-from-portsmouth
A British naval destroyer, HMS Dragon, has arrived in Cyprus after a journey of nearly two weeks from Portsmouth, where it departed on March 10. The deployment is intended to reinforce air defense capabilities at the UK’s bases on the island....
https://knews.kathimerini.com.cy/en/news/fuel-and-heating-oil-prices-soar-in-cyprus-petrol-could-top-€2-per-liter
Daily attacks targeting the world’s fuel supply lifeline in the Arabian Gulf have triggered an energy shock whose effects are expected to outlast the fighting itself in Iran....
https://knews.kathimerini.com.cy/en/news/cypriot-flagged-ship-stranded-in-gulf
A Cypriot-flagged ship remains stranded in the Arabian Gulf as authorities in Cyprus closely monitor escalating tensions in the region, Deputy Shipping Minister Marina Hatzimanoli said Thursday....
https://knews.kathimerini.com.cy/en/business/cyprus-electricity-prices-to-rise-from-may-possibly-up-to-20-by-summer
Electricity tariffs in Cyprus are expected to rise in the coming months, with initial increases likely in May and the potential for significantly higher costs by late summer....
https://knews.kathimerini.com.cy/en/comment/opinion/the-global-economy-is-facing-severe-turbulence
The Strait of Hormuz is the only maritime passage into the Persian Gulf. The de facto disruption of normal shipping through the Strait of Hormuz caused demand to fall by 80 percent, left oil tankers idle, and forced a halt to oil production because storage capacity is limited. ...
https://knews.kathimerini.com.cy/en/news/uae-offers-flexibility-to-expats-on-tax-residency-amid-iran-conflict
The United Arab Emirates is signaling a softer approach for expats worried about losing their tax residency, as the Iran conflict continues to disrupt travel and business in the Gulf....
https://knews.kathimerini.com.cy/en/news/cyprus-moves-to-protect-tourism-as-government-counters-travel-advisories
Tourism stakeholders in Cyprus will need to work hard in the coming months to prevent serious damage to the sector, which contributes more than 7 percent to the country’s GDP. ...
https://knews.kathimerini.com.cy/en/news/formula-one-pulls-plug-on-bahrain-and-saudi-races
Formula One is set to cancel two major races in the Middle East as escalating conflict in the region forces the sport to put safety ahead of speed....
https://knews.kathimerini.com.cy/en/comment/opinion/two-crises-seven-decades-apart
Exactly seventy years ago, the Suez Crisis disrupted one of the world’s most vital maritime corridors. In July 1956, during the second Arab–Israeli war, the passage was closed, marking the end of an era....
