https://knews.kathimerini.com.cy/en/business/xm-investors-await-green-light-to-take-over-ancoria-bank
Two Cypriot investors behind a successful global trading platform are making a bold move to take over Ancoria Bank, in what could signal a new era for small-scale banking in Cyprus....
https://knews.kathimerini.com.cy/en/news/desalinated-water-production-underway-as-additional-units-prepare-to-go-online-within-24-hours
The gradual production of desalinated water from mobile units provided by the United Arab Emirates has begun successfully, Cyprus’ Agriculture Minister Maria Panayiotou announced Tuesday....
https://knews.kathimerini.com.cy/en/business/cyprus-unveils-€15-million-employment-schemes-targeting-women-and-over-50s
The Cypriot government will introduce three new employment schemes totaling €15 million to support women and individuals over 50, Labour and Social Insurance Minister Yiannis Panayiotou announced Tuesday....
https://knews.kathimerini.com.cy/en/news/tototheo-global-expands-partnership-with-ses-to-deliver-scalable-high-speed-connectivity-to-maritime-customers
Tototheo Global, a leading provider of advanced connectivity and technology solutions for the maritime and enterprise sectors, has announced the expansion of its long-standing partnership with global content and connectivity service provider SES....
https://knews.kathimerini.com.cy/en/business/cyprus-banks-are-merging-and-here-s-what-that-means-for-you
Cyprus is heading toward a major financial facelift, with a wave of mergers and acquisitions already in motion and expected to accelerate by the end of 2025. Sirens may have marked a different kind of Tuesday morning in Nicosia, but in the banking world, the alarm bells signal transformation....
https://knews.kathimerini.com.cy/en/business/coca-cola-hbc-cyprus-boosts-economy-employment-study-finds
Coca-Cola HBC Cyprus contributes 0.3% to Cyprus’ GDP and national employment, according to a 2024 study by EY Cyprus Advisory Services Ltd. The findings, unveiled during a stakeholder event, underscore the company’s substantial role in the country’s economy and labor market....
https://knews.kathimerini.com.cy/en/comment/opinion/fidias-interviewed-tatar-and-i-m-glad-he-did
What’s all the hullabaloo about? That’s what I found myself asking after watching MEP Fidias Panayiotou’s interview with Turkish Cypriot leader Ersin Tatar. In my view, it was a fascinating, necessary, and, yes, bold move. But apparently, not everyone agrees....
https://knews.kathimerini.com.cy/en/news/fidias-releases-tatar-interview-despite-political-firestorm
Cypriot MEP and YouTube personality Fidias Panayiotou has published a long-awaited and hotly debated interview with Turkish Cypriot leader Ersin Tatar, a move that’s triggered intense backlash across the island's political spectrum....
https://knews.kathimerini.com.cy/en/news/tatar-how-can-we-make-peace-with-this-mentality
Turkish Cypriot leader Ersin Tatar has come to the defense of newly elected MEP and popular YouTuber Fidias Panayiotou, urging him not to back down in the face of fierce backlash over their two-hour interview....
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-sheds-€2-5b-in-real-estate-marks-biggest-property-sale-in-island-s-history
The Bank of Cyprus has officially sold off more than €2.5 billion worth of real estate, over 5,100 properties, through its Real Estate Management Unit (REMU), marking a major milestone in clearing long-standing burdens from its balance sheet, according to Kathimerini's Panayiotis Rougalas....
https://knews.kathimerini.com.cy/en/news/cypriot-mep-under-fire-for-interview-with-turkish-cypriot-leader
A storm of political backlash and public outrage has erupted around Cypriot MEP and YouTuber Fidias Panayiotou, after news broke of his planned interview with Turkish Cypriot leader Ersin Tatar....
https://knews.kathimerini.com.cy/en/business/columbia-group-buys-venus-rock-golf-for-€132m-in-one-of-cyprus-biggest-real-estate-deals
One of the largest real estate deals ever recorded in Cyprus closed Monday morning, as the Columbia Group signed a €132 million agreement to acquire the sprawling Venus Rock Golf resort in Paphos....
https://knews.kathimerini.com.cy/en/news/short-on-lifeguards-long-on-risk-as-limassol-beaches-struggle-to-stay-safe
With summer in full swing, a serious shortage of lifeguards is raising concerns about swimmer safety along Limassol’s coastline....
https://knews.kathimerini.com.cy/en/business/cypriot-businesses-go-greener-as-hundreds-certified-in-nationwide-esg-initiative
Nearly 1,000 Cypriot businesses have joined a nationwide push toward sustainability, with two-thirds already certified under Environmental, Social, and Governance (ESG) standards, marking the first-year results of a collaborative interbank initiative aimed at promoting responsible business practices....
https://knews.kathimerini.com.cy/en/business/eurobank-eyes-dual-listing-on-cyprus-and-athens-stock-exchanges-after-hellenic-bank-exit
Greece’s Eurobank is considering listing its shares on the Cyprus Stock Exchange (CSE), just as Hellenic Bank prepares to officially delist on June 30, 2025, sealing a €1.3 billion investment deal that signals strong faith in the Cypriot economy....
https://knews.kathimerini.com.cy/en/news/snake-sighting-in-moni-pyrgos-draws-community-attention-and-advice
A local man's encounter with two large snakes in his garden led to a wave of concern, advice, and debate in a popular community Facebook group....
https://knews.kathimerini.com.cy/en/business/cyprus-salaries-rise-by-13-over-two-years-labour-minister-says
Average salaries in Cyprus have risen by 13% over the past two years, reaching approximately €2,500, Minister of Labour and Social Insurance Yiannis Panayiotou announced Wednesday, citing recent Eurostat data....
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/desalination-units-in-limassol-delayed-until-late-july
Mobile desalination units donated by the United Arab Emirates and destined to serve Limassol are now expected to begin operating around July 22, roughly three weeks later than initially planned, officials said Tuesday....
https://knews.kathimerini.com.cy/en/news/from-the-mekong-to-the-med-how-cyprus-and-cambodia-are-crafting-a-new-global-alliance
In an exclusive with His Excellency Salah Essa, Honorary Consul of Cyprus to Cambodia, we uncover how two countries, thousands of kilometers apart, are finding common ground in trade, tourism, and cultural exchange. ...
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....
https://knews.kathimerini.com.cy/en/comment/opinion/they-hung-annita-out-to-dry
What can one say about highways, marinas, ports, and other major projects that either never finish or, when they do, cost multiples and are riddled with unbelievable delays that are never properly accounted for?...
https://knews.kathimerini.com.cy/en/business/good-news-for-borrowers-as-ecb-to-cut-interest-rates
The European Central Bank (ECB) is widely expected to cut its key interest rates by 0.25% this Thursday, a move that could bring welcome relief for borrowers and banks in Cyprus. ...
https://knews.kathimerini.com.cy/en/news/paralimni-deryneia-earns-most-blue-flags-in-cyprus-as-island-celebrates-record-year-for-beach-quality
The Municipality of Paralimni-Deryneia has been recognized as the national leader in coastal excellence, receiving 18 of Cyprus’s 66 Blue Flag awards at the 2025 national ceremony held Wednesday at Fig Tree Bay, Protaras....
https://knews.kathimerini.com.cy/en/news/they-swore-at-me-cypriot-mep-says-colleague-s-furious-over-his-salary-reveal
“F* you! Did you reveal it?” That’s what Cypriot MEP Fidias Panayiotou says some of his colleagues shouted at him, furious that he posted a video exposing the true extent of what Members of the European Parliament earn....
https://knews.kathimerini.com.cy/en/news/desalination-units-from-uae-arrive-but-will-they-work-here
The mobile desalination units donated by the United Arab Emirates (UAE) have arrived in Cyprus within the expected timeframe, marking a key step in the government’s plan to address water shortages ahead of summer. ...
https://knews.kathimerini.com.cy/en/news/desalination-lifeline-arrives-from-uae-as-island-braces-for-summer-drought
Mobile desalination units from the United Arab Emirates arrived in Cyprus over the weekend and are now being transported to Limassol and Paphos, just in time to help the island meet soaring water demand during the summer tourist season....
https://knews.kathimerini.com.cy/en/news/they-re-happy-in-russia-cypriot-mep-sparks-fury-over-shocking-ukraine-comment
In a statement that's shocked many across Europe, Cypriot MEP Fidias Panayiotou claimed that Ukrainian children taken by Russian forces during the war were ''happy'' and ''wanted to go to Russia'' -- a comment that has triggered widespread condemnation and gone viral online....
https://knews.kathimerini.com.cy/en/news/have-you-ever-been-to-ukraine-mep-fidias-panayiotou-under-fire-for-controversial-stance
Cypriot MEP Fidias Panayiotou is under growing scrutiny for his controversial statements and actions related to Russia’s invasion of Ukraine, with critics accusing him of echoing pro-Russian narratives and dodging serious questions....
https://knews.kathimerini.com.cy/en/news/desalination-units-targeted-for-may-arrival-and-operation-by-june
The Agriculture Ministry is racing against time to balance water supply during the peak demand of the summer months....
