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. ...
https://knews.kathimerini.com.cy/en/comment/opinion/reforms-are-not-done-this-way
Teachers, who are at the forefront of the reform, have voiced their disagreements, noting that the increased costs are not matched by an end to the practice of leveling down. So far, this has resulted in a brief work stoppage, accompanied by the predictable disruption....
https://knews.kathimerini.com.cy/en/business/revenue-slumps-budget-spending-trails-in-cyprus
By the end of October 2025, Cyprus had collected 65% of its planned state revenues, while government spending reached just 59% of the budget, according to the General Accounting Office....
https://knews.kathimerini.com.cy/en/business/migration-s-mark-on-the-cypriot-economy-and-society
New data from the Deputy Ministry of Migration and International Protection shows the Cypriot economy’s heavy reliance on foreign workers who reside and work on the island....
https://knews.kathimerini.com.cy/en/business/cyprus-scores-big-in-global-ratings
Cyprus is wrapping up the year with strong marks from the world’s big credit rating agencies, capping what officials say has been one of the economy’s best-performing years in recent memory....
https://knews.kathimerini.com.cy/en/business/cyprus-connectivity-and-the-future-of-european-aviation-a-conversation-with-olivier-jankovec
Olivier Jankovec, Director General of Airports Council International (ACI) Europe—the airport counterpart to IATA—has a bird’s-eye view of the European aviation landscape. Right now, he has his sights set on Cyprus....
https://knews.kathimerini.com.cy/en/comment/opinion/when-ata-for-all-becomes-ata-for-no-one
And here we are. The government’s big promises and bold declarations over the Cost-of-Living Allowance (ATA) have officially run out of road. Remember when officials were preaching “ATA for all,” even pushing protesters to turn the slogan into rally signs? ...
https://knews.kathimerini.com.cy/en/business/greece-targets-cyprus-linked-mailbox-companies-for-tax-evasion
Greek tax authorities have launched a sweeping crackdown on thousands of businesses that have shifted their headquarters to Bulgaria, Romania and Cyprus while continuing to operate primarily in Greece....
https://knews.kathimerini.com.cy/en/business/tax-audits-bring-in-nearly-€30-million-as-mps-press-for-tougher-checks
Cyprus’ Tax Department says it pulled in almost €30 million over the past two years after stepping up audits on companies flagged as high-risk, according to testimony before the Parliamentary Audit Committee on Friday....
