https://knews.kathimerini.com.cy/en/news/cyprus-plans-to-deliver-244-affordable-new-homes-by-year-s-end
The Cyprus Land Development Organization (KOAG) expects to deliver 244 new homes across the island by the end of 2026, the agency’s general director, Eleni Symeonidou, told lawmakers Monday during a parliamentary review of the organization’s budget....
https://knews.kathimerini.com.cy/en/news/new-generators-for-dhekelia-now-expected-in-2030
Plans to upgrade the Dhekelia power station have been pushed back again, with the Electricity Authority of Cyprus (EAC) now saying the three new generation units intended for the site are unlikely to arrive before 2030....
https://knews.kathimerini.com.cy/en/news/eu-warns-tiktok-is-designed-to-be-addictive-and-that-could-be-illegal
The European Union is taking aim at the way TikTok is built, warning that the app’s design appears to push users into compulsive scrolling and may violate EU law....
https://knews.kathimerini.com.cy/en/business/cyprus-welcomed-4-5-million-tourists-in-2025-most-ever-in-a-single-year
Cyprus welcomed a record-breaking 4.53 million visitors in 2025, marking the most successful year in the island’s tourism history. ...
https://knews.kathimerini.com.cy/en/news/elon-musk-takes-ai-to-space-merges-xai-with-spacex
Elon Musk is combining two of his biggest private ventures in a move that could reshape the future of artificial intelligence and put it literally out of this world....
https://knews.kathimerini.com.cy/en/business/cyta-posts-€85-million-profit-as-digital-infrastructure-investments-accelerate
Cyprus’ state-owned telecommunications provider Cyta reported a sharp rise in profits in 2025 and outlined an ambitious new round of infrastructure investments as it presented its 2026 budget to Parliament on Monday....
https://knews.kathimerini.com.cy/en/business/cyprus-casinos-brace-for-new-competition-from-greece-and-uae
Cyprus’ casino industry is bracing for new competition, with upcoming casinos in Greece and the United Arab Emirates expected to shake up the local market, officials said Thursday....
https://knews.kathimerini.com.cy/en/news/protected-forests-questionable-leases-and-lost-millions
A string of inconsistencies in how state-owned forest land is leased and managed has been uncovered by the Auditor General of the Republic of Cyprus, raising fresh questions about oversight, environmental protection, and lost public revenue....
https://knews.kathimerini.com.cy/en/news/cyprus-made-money-this-summer-and-spent-a-lot-of-it
Cyprus recorded a €653.6 million budget surplus in the third quarter of 2025, according to preliminary figures released by the Statistical Service, good news for the country’s finances, even if it’s a slimmer cushion than last year....
https://knews.kathimerini.com.cy/en/business/hotels-running-without-full-permits-get-lifeline-but-the-clock-is-ticking
Parliament has thrown a temporary lifeline to dozens of hotels and tourist accommodations that are technically operating without a proper license, approving a law that allows them to keep their doors open, under strict conditions, while they try to get their paperwork in order....
https://knews.kathimerini.com.cy/en/news/real-madrid-tops-deloitte-football-money-league-as-clubs-achieve-record-€12-4bn-revenue
The top 20 revenue generating clubs in world football generated over €12bn in revenue for the first time, according to the 29th edition of the Football Money League published by the Deloitte Sports Business Group. ...
https://knews.kathimerini.com.cy/en/news/lidl-cyprus-presents-its-new-socioeconomic-impact-assessment-for-2024
Lidl Cyprus publishes this year's socioeconomic impact assessment, confirming its commitment to responsible entrepreneurship and creating substantial value for the Cypriot economy and society for yet another year....
https://knews.kathimerini.com.cy/en/news/who-s-really-behind-the-€500k-school-donation
Questions over a €500,000 contribution that has dominated public debate in recent days were addressed Wednesday by Deputy Minister to the President Irini Piki during a Parliamentary Institutions Committee session on the Independent Social Support Authority....
https://knews.kathimerini.com.cy/en/business/israel-and-cyprus-hold-talks-to-finalize-agreement-on-joint-offshore-natural-gas-field
An Israeli government delegation is expected in Cyprus as part of ongoing efforts to finalize a bilateral agreement governing a shared offshore natural gas reservoir that spans the maritime zones of Israel and Cyprus....
https://knews.kathimerini.com.cy/en/business/after-a-year-of-silence-cyprus-returns-to-the-markets-for-€1bn
Cyprus wasted no time in making its way back to the financial markets this year, setting its sights on raising around €1 billion through a 10-year government bond. ...
https://knews.kathimerini.com.cy/en/news/ceo-confidence-in-revenue-outlook-hits-five-year-low-–-as-ai-becomes-a-defining-divide-between-leaders-and-laggards-pwc-2026-global-ceo-survey
CEO confidence in their company’s revenue prospects has fallen to its lowest level in five years, as business leaders grapple with uneven returns from artificial intelligence, rising geopolitical risk, and intensifying cyber threats....
https://knews.kathimerini.com.cy/en/business/airbnb-chaos-in-cyprus-as-illegal-rentals-still-running-wild
Chaos seems to be brewing in Cyprus’ short-term rental market. New figures from the Deputy Ministry of Tourism show a rapidly expanding sector where legal activity is growing, but illegal operations remain a stubborn thorn in the side of regulators....
https://knews.kathimerini.com.cy/en/news/seeing-the-mona-lisa-just-got-pricier-for-non-europeans
If you’re traveling to Paris from outside Europe, seeing the Louvre’s masterpieces now costs €32 instead of €22, a jump the museum says is necessary to fund renovations, but one that has some visitors fuming....
https://knews.kathimerini.com.cy/en/business/no-permits-without-payment-famagusta-freezes-developers-with-unpaid-debts
The Famagusta District Local Government Organisation will no longer examine planning or building permit applications from individuals or companies that owe money for water or sewerage services, its president Yiannis Karousos said Wednesday....
https://knews.kathimerini.com.cy/en/business/kition-ocean-plots-comeback-for-larnaca-port-mega-project
Nineteen months after the termination of the contract, and while procedures are under way for construction works on the redevelopment of the Larnaca marina and port to begin, the Kition Ocean Holdings consortium is attempting to return to the project....
https://knews.kathimerini.com.cy/en/news/amid-video-scandal-christodoulides-launches-affordable-housing-project
Amidst the ongoing fallout from the viral video scandal, President Nicos Christodoulides visited Limassol this morning to attend the foundation stone ceremony for the first affordable housing complex in Agios Nikolaos,...
https://knews.kathimerini.com.cy/en/news/european-banks-poised-for-€30-billion-boost-in-interest-income
European banks are poised for a financial rebound, with net interest income expected to climb by roughly €30 billion over the next two years, analysts say, as loan growth and strategic hedging offset the drag from lower interest rates....
https://knews.kathimerini.com.cy/en/business/alpha-bank-s-a-announces-agreement-on-the-key-commercial-and-legal-terms-of-strategic-insurance-transactions-in-cyprus
Alpha Bank S.A. (“Alpha Bank”) announces that it has reached an agreement on the key commercial and legal terms for a strategic combination of insurance activities in Cyprus, ...
https://knews.kathimerini.com.cy/en/news/who-pays-when-public-sector-wages-keep-rising
Public sector wages remain the uncomfortable truth behind Cyprus’ 2026 state budget, which is heading for a final vote in the House of Representatives on Wednesday and is widely expected to be approved....
https://knews.kathimerini.com.cy/en/business/cyprus-shipping-charts-a-course-for-growth
Cyprus’s shipping sector demonstrated resilience in 2025, maintaining a 7% contribution to the country’s GDP and employing more than 9,000 people onshore, as well as 80,000 seafarers on vessels managed by Cyprus-based companies....
https://knews.kathimerini.com.cy/en/news/russia-strikes-ukrainian-ports-damaging-three-turkish-owned-ships
Russia launched attacks on two Ukrainian ports on Friday, hitting three vessels owned by Turkish companies, including a ship transporting food supplies, according to Ukrainian officials and one of the ship owners....
https://knews.kathimerini.com.cy/en/news/from-no-alcohol-to-vip-only-saudi-loosens-rules-for-wealthy-expats
Saudi Arabia, a country that has banned alcohol for more than 70 years, is quietly letting a new group buy booze, not just diplomats, but wealthy foreigners who can afford an elite ''premium residency.''...
https://knews.kathimerini.com.cy/en/news/audit-finds-glitch-overcharging-drivers-for-late-vehicle-renewals
A government audit has uncovered a glitch in the Transport Department’s fee system that has been quietly overcharging drivers who renew their vehicle registrations late....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-is-the-mediterranean-s-rising-star-in-global-film-and-tv
From high-end series to blockbuster films and major reality shows, Cyprus is starting to shine on the radar of international studios. And like any great production, this transformation is driven by strategy and professionalism....
https://knews.kathimerini.com.cy/en/news/cyprus–lebanon-deal-sets-new-legal-line-in-the-eastern-med-and-ankara-isn-t-loving-it
When Amos Hochstein, President Biden’s go-to envoy for tough Middle East negotiations, struck the Israel–Lebanon maritime deal in late 2022, in Nicosia of all places, a window suddenly opened. ...
