https://knews.kathimerini.com.cy/en/news/nicosia-unveils-€100-million-plan-to-fix-traffic-chaos-and-modernize-the-capital
Nicosia is aiming for a major transformation, with over €100 million in urban and traffic upgrades on the table, as the capital struggles with decades-old road designs, mounting traffic, and growing frustration among residents....
https://knews.kathimerini.com.cy/en/news/arrests-in-cyprus-and-greece-expose-possible-iranian-linked-espionage-network
Authorities in Cyprus and Greece have uncovered what appears to be an Iranian-backed spying network operating in both countries, with two Azerbaijani nationals arrested on espionage charges....
https://knews.kathimerini.com.cy/en/news/larnaca-s-skyline-set-to-rise-with-new-twin-towers-project
Larnaca is about to get a major facelift as plans move forward for a new luxury residential project featuring two soaring 20-storey buildings....
https://knews.kathimerini.com.cy/en/news/as-israel-bombards-iran-trump-weighs-strike-that-could-reshape-the-middle-east
Tensions between Israel and Iran continue to escalate, with both sides locked in a dangerous strategic standoff while awaiting a decision from U.S. President Donald Trump on whether to launch a direct strike against Iran....
https://knews.kathimerini.com.cy/en/news/fortsafe-launches-its-first-secure-vault-in-paphos-a-new-era-in-private-storage-of-valuables
Fortsafe, the innovative secure storage service, has announced the launch of its first facility in Paphos, located at the Beon active office, 10 Apostolou Pavlou Street, marking a new era in the private safekeeping of documents, personal and sensitive valuable items....
https://knews.kathimerini.com.cy/en/news/no-place-like-home-as-israelis-flee-uncertainty-sail-back-from-cyprus
More than 1,600 Israeli nationals boarded the Crown Iris cruise ship from the port of Limassol on Thursday in a large-scale repatriation effort aimed at getting citizens back home amid rising regional tensions....
https://knews.kathimerini.com.cy/en/news/government-officials-go-green-with-new-fleet-of-31-electric-cars
State officials in Cyprus will soon be driving electric, as 31 EVs are being added to the government fleet....
https://knews.kathimerini.com.cy/en/business/alpha-bank-to-acquire-astrobank-in-€200-million-deal
Alpha Bank Cyprus will acquire the entire operations of Astrobank, excluding €15 million in non-performing loans, in a deal set to be signed Friday, June 20....
https://knews.kathimerini.com.cy/en/business/india-s-drone-power-lands-in-cyprus
Indian business interest in Cyprus is gaining momentum, with drone tech leader Drone Destination planning to set up shop on the island....
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-sells-€75m-worth-of-paphos-property-to-exness
The Bank of Cyprus has closed a major property deal with fintech firm Exness, selling land worth €75 million in Paphos, sources confirmed to Kathimerini Cyprus....
https://knews.kathimerini.com.cy/en/news/why-cyprus-is-not-in-danger-from-iran-israel-missile-strikes
When Iran and Israel exchanged direct missile strikes for the first time in decades in April 2024, after years of fighting through proxies, the spectacle was visible from Cyprus. ...
https://knews.kathimerini.com.cy/en/news/student-grant-system-under-fire-over-payouts-to-the-wrong-people
The Office of the Auditor General has raised concerns over how student scholarships are awarded and paid out in Cyprus, following a 2023 audit that found gaps and procedural problems in the system....
https://knews.kathimerini.com.cy/en/news/israeli-airstrike-hits-iran-s-state-tv-headquarters-as-nuclear-tensions-surge
Israel launched a direct strike on Iran’s state television headquarters in Tehran early Monday, intensifying a growing conflict and sending thousands of residents fleeing the capital....
https://knews.kathimerini.com.cy/en/news/cyprus-raises-national-guard-readiness-to-level-tharros-2-amid-tensions
Cyprus has ramped up its national security measures in recent days, as hostilities between Israel and Iran continue to escalate. With both sides exchanging missile strikes, concern is growing across the Eastern Mediterranean region, prompting heightened alert levels on the island....
https://knews.kathimerini.com.cy/en/business/bollywood-bots-and-big-bucks-as-cyprus-becomes-india-s-new-business-and-movie-hub
In a major boost to Cyprus’s economy and international standing, two Indian companies have officially announced their expansion into the country, with more than 20 others reportedly exploring similar moves....
https://knews.kathimerini.com.cy/en/news/foreign-fishing-boat-fined-and-escorted-out-of-cyprus-waters
A foreign fishing boat was caught operating illegally in Cyprus’ exclusive economic zone (EEZ) on Sunday, triggering a coordinated response by the Port and Maritime Police and a police helicopter....
https://knews.kathimerini.com.cy/en/news/cyprus-on-high-alert-as-regional-tensions-escalate
Following Israeli missile strikes on Iran, Cyprus has raised its security posture and is preparing to serve as a humanitarian bridge between East and West....
https://knews.kathimerini.com.cy/en/news/nicosia-activates-crisis-response-as-israel-iran-tensions-escalate
In response to the latest Middle East crisis sparked by Israel’s missile strikes on Iran, Nicosia is sticking to its long-held stance that Cyprus serves as a humanitarian bridge between East and West....
https://knews.kathimerini.com.cy/en/business/oil-and-gas-prices-surge-after-attack-on-iran-nuclear-sites
Global energy prices soared and markets plunged Thursday following an attack on Iran’s nuclear facilities, intensifying fears of a wider Middle East conflict and compounding global economic pressures....
https://knews.kathimerini.com.cy/en/business/keravnos-takes-gratuity-tax-exemption-proposal-to-cabinet-opposes-one-size-calculation
Finance Minister Makis Keravnos on Wednesday signaled support for a proposal to exempt from taxation a 15% gratuity granted to officials, but said the measure still requires Cabinet approval....
https://knews.kathimerini.com.cy/en/business/e-kalathi-goes-live-as-cyprus-new-price-checking-app-aims-to-ease-the-grocery-bill
A new digital tool aimed at helping Cypriot consumers fight rising prices officially launched Thursday. The platform, called e-kalathi, allows shoppers to compare prices of everyday goods across major supermarkets in real time, potentially saving families money at a time when inflation is still biting....
https://knews.kathimerini.com.cy/en/business/deutsche-bank-eyes-return-to-cyprus-after-nearly-a-decade
Deutsche Bank, one of Europe’s biggest financial institutions, is considering a return to Cyprus nearly a decade after pulling out during the island’s financial crisis....
https://knews.kathimerini.com.cy/en/news/what-s-behind-narendra-modi-s-visit-to-cyprus
Government officials consider the upcoming official visit of Indian Prime Minister Narendra Modi to Cyprus this Sunday to be of particular importance for both geopolitical reasons and bilateral relations between the two countries....
https://knews.kathimerini.com.cy/en/news/11-years-of-gastronomos-quality-awards
Gastronomos magazine and Kathimerini newspaper proudly present the 11th annual Gastronomos Quality Awards 2025, an institution that celebrates Cypriot gastronomy, the authenticity of local products, and the dedication of the producers who craft them with passion and respect for tradition....
https://knews.kathimerini.com.cy/en/business/no-tender-no-permits-no-problem
A construction project meant to modernize part of Cyprus’ local government system is under fire after the Auditor General uncovered a series of irregularities, from bypassing public tenders to starting work without building permits or signed contracts....
https://knews.kathimerini.com.cy/en/business/boc-eyes-bigger-role-in-your-financial-future
Beyond its moves into the insurance sector, Bank of Cyprus is actively exploring additional ways to increase the bank’s overall value. ...
https://knews.kathimerini.com.cy/en/business/texas-based-ai-powerhouse-tenstorrent-expands-to-cyprus
One of the fastest-growing U.S. artificial intelligence companies is looking to set up shop in Cyprus, in a move that could boost the island's ambition to become a tech hub in the Eastern Mediterranean....
https://knews.kathimerini.com.cy/en/news/despite-ahk-chief-s-assurances-technocrats-push-for-higher-power-rate-hike
Even though the chairman of the Electricity Authority of Cyprus (AHK), Giorgos Petrou, recently stated that the AHK would be requesting only a modest 3% electricity price hike, the utility’s technocrats are still pushing for an increase of up to 7.5% before VAT....
https://knews.kathimerini.com.cy/en/news/cyprus-police-unveil-new-armored-vehicle-for-anti-terror-raids-and-rescues
The Cyprus Police Force is upgrading its tactical response capabilities with the addition of a new armored vehicle to its fleet, specifically for the Special Anti-Terrorist Unit (EAO) of MMAD....
https://knews.kathimerini.com.cy/en/news/cash-back-coming-as-2013-crisis-victims-set-for-payouts-in-2025
A long-awaited boost is on the way for individuals hit hardest by Cyprus’ 2013 banking crisis. On June 6, the National Solidarity Fund (NSF) Committee finalized the structure of the 2025 Loss Compensation Plan, set to roll out later this summer....
