https://knews.kathimerini.com.cy/en/news/ecb-cuts-interest-rates-by-25-basis-points-as-inflation-eases
The European Central Bank (ECB) announced on Thursday a fresh interest rate cut, lowering its three key rates by 25 basis points in a bid to support the eurozone economy as inflation gradually eases....
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/business/the-resident-billionaires-behind-cyprus-rise-as-a-global-business-hub
Cyprus has quietly become a magnet for some of the world's wealthiest individuals, transforming the island into a hub for global business and investment. ...
https://knews.kathimerini.com.cy/en/business/hotel-dieu-de-france-expands-to-limassol
Investment in Limassol’s healthcare sector is gaining momentum, with the renowned Hôtel-Dieu de France hospital from Beirut set to establish a state-of-the-art medical center in the heart of the city....
https://knews.kathimerini.com.cy/en/business/global-fintech-investment-falls-to-seven-year-low-of-$95-6-billion-in-2024-but-uptick-in-q4-24-is-a-sign-of-cautious-optimism-says-kpmg-s-pulse-of-fintech-h2-24
2024 was another difficult year for fintech, with just $95.6 billion of investment globally across 4,639 deals....
https://knews.kathimerini.com.cy/en/news/cyprus-and-the-netherlands-a-strong-but-often-overlooked-bond
The Netherlands, a key player in both the EU and NATO, remains somewhat of an unknown entity in Cyprus—aside from Amsterdam’s popularity as a travel destination and the well-known football club Ajax....
https://knews.kathimerini.com.cy/en/news/dutch-royal-couple-touch-down-in-cyprus-on-flight-co-piloted-by-king
King Willem-Alexander and Queen Maxima of the Netherlands have arrived in Cyprus for a two-day state visit, marking the first-ever official trip of the Dutch Royal Couple to the island. ...
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/business/greek-banks-continue-to-invest-in-cyprus-with-new-acquisitions
Greek banks are showing no signs of slowing down when it comes to investing in Cyprus. ...
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/business/discover-the-timeless-charm-of-paphos-with-leptos-estates
Paphos, the enchanting town on the southwestern coast of Cyprus, is more than just a destination – it's a way of life....
https://knews.kathimerini.com.cy/en/news/cyprus-tax-reform-a-win-for-families-a-challenge-for-businesses
Cyprus is set to undergo its first major tax reform in over 20 years, with changes expected to align the system with the country’s evolving economic landscape....
https://knews.kathimerini.com.cy/en/business/larnaca-s-landmark-‘land-of-tomorrow-project-set-to-break-ground
Larnaca’s waterfront is set for a major transformation, as construction on the ambitious Land of Tomorrow project is set to begin in the coming months, with a total investment exceeding €800 million....
https://knews.kathimerini.com.cy/en/news/cyprus-government-unveils-€60m-investment-plan-to-boost-agriculture
The Cypriot government has rolled out a €60 million investment plan designed to boost the competitiveness and sustainability of the country’s agricultural sector. ...
https://knews.kathimerini.com.cy/en/business/new-investment-opportunities-by-astrobank
AstroBank has listed for sale a large commercial and residential plot in Peyia, houses and other residential and agricultural land in Nicosia, Larnaca and Ammochostos....
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....
https://knews.kathimerini.com.cy/en/news/cyprus-energy-gamble-big-promises-bigger-delays-but-a-game-changer-may-be-coming
Last week in Cairo, authorities from the Republic of Cyprus signed a non-binding host country agreement for the development of the Kronos gas field in Block 6 of Cyprus' Exclusive Economic Zone (EEZ).
...
https://knews.kathimerini.com.cy/en/news/paphos-polis-killer-road-to-become-four-lane-highway-after-years-of-delays
The long-debated Paphos-Polis Chrysochous road project is finally moving forward—with a major upgrade. What was once planned as a two-lane highway will now be a four-lane road, a move the government says will improve safety and boost economic growth in the region....
https://knews.kathimerini.com.cy/en/news/cyprus-strikes-energy-deals-but-‘aphrodite-gas-delayed-until-2031
Last Friday marked the conclusion of long-running negotiations between the Republic of Cyprus and the consortium developing the Aphrodite gas field, led by U.S. energy giant Chevron. ...
https://knews.kathimerini.com.cy/en/news/2024-global-vc-investment-rises-to-$368b-as-investor-interest-in-ai-soars
Global VC investment rose from $349.4 billion across 43,320 deals in 2023 to $368.3 billion across 35,684 deals in 2024 despite a multitude of challenges, including global conflicts and geopolitical tensions, uncertainties associated with a significant number of major elections—...
https://knews.kathimerini.com.cy/en/news/the-road-to-prosperity
Browsing social media I have recently come across a map showing all the countries with GDP per capita higher than Poland’s back in 1990 and in 2018....
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-cancels-plan-to-sell-jcc-payment-systems
The process for the sale of JCC Payment Systems has been halted, bringing an end to the deal between JCC and Euronet that had been under consideration since the summer of 2024....
https://knews.kathimerini.com.cy/en/news/cyprus-and-egypt-join-forces-on-major-energy-projects
The Christodoulides administration places great strategic importance—both in terms of energy and geopolitics—on the President’s visit to Egypt....
https://knews.kathimerini.com.cy/en/news/ey-the-biggest-risks-facing-cyprus-and-governments-worldwide
As we move further into 2025, governments around the world, including Cyprus, are facing a range of challenges....
https://knews.kathimerini.com.cy/en/news/new-pediatric-oncology-clinic-to-be-built-in-nicosia
A major step forward for pediatric cancer care in Cyprus was taken on Saturday with the signing of an agreement for the construction of a new Pediatric Oncology Clinic in Nicosia....
https://knews.kathimerini.com.cy/en/business/1-€122m-boost-for-famagusta-30-new-projects-announced
In a bold move to boost the development of the Famagusta district, President of the Republic of Cyprus, Nikos Christodoulides, announced 30 new projects with a total budget of €122 million ...
https://knews.kathimerini.com.cy/en/business/igc-business-investment-council-launched-in-india
The India-Greece-Cyprus (IGC) Business & Investment Council was officially launched today at the Taj Mahal Palace in Mumbai, marking a significant milestone in strengthening the economic ties between the three nations. ...
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/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. ...
https://knews.kathimerini.com.cy/en/news/say-cheese-not-conflict-ministry-pushes-for-halloumi-consensus
The Ministry of Agriculture has emphasized that issues surrounding PDO Halloumi can be resolved through dialogue and transparency....
