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/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/business/green-oasis-or-business-hub-the-fight-over-nicosia-s-state-fair-site
The Nicosia Municipality, Nicosia district MPs, and residents of Engomi are increasing pressure on the government to reconsider its plans for developing the State Fair site. ...
https://knews.kathimerini.com.cy/en/business/government-announces-minimum-wage-increase-for-hotel-workers
President Nikos Christodoulides highlighted key economic and labor policy decisions today during a Council of Ministers meeting at the Presidential Palace, emphasizing efforts to boost employment and attract Cypriot professionals back home....
https://knews.kathimerini.com.cy/en/news/uss-oscar-austin-returns-to-cyprus-with-a-strategic-stop-in-larnaca
The USS Oscar Austin has made a swift return to Cyprus, this time docking at Larnaca Port, just a month after its previous stop in Limassol. The Arleigh Burke-class guided-missile destroyer continues its mission in the region, r...
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/the-battle-over-the-state-fair-site
The Nicosia Municipality is pushing the government to rethink its plans for the State Fair site, with the issue heating up as discussions intensify between local leaders and officials....
https://knews.kathimerini.com.cy/en/news/larnaka-new-projects-new-energy-and-a-bright-outlook-for-its-tourism
Larnaka is on the verge of an exciting transformation. With its beautiful coastline, rich history, and growing modern developments, the city is becoming an increasingly attractive spot for tourists....
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/is-palodeia-the-future-of-higher-education-in-cyprus
The University of Limassol (UoL), formerly known as CIIM, is set to relocate from central Limassol to Palodeia, as part of a large-scale, mixed-use development led by real estate firm bbf.
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https://knews.kathimerini.com.cy/en/news/pakistan-and-turkey-strengthen-ties-reaffirm-controversial-stance-on-cyprus
Turkish President and Pakistani Prime Minister met to strengthen their countries' strategic partnership, reinforcing positions that directly challenge international law and Cyprus' sovereignty....
https://knews.kathimerini.com.cy/en/business/wizz-air-celebrates-9-million-passenger-milestone-in-cyprus
Wizz Air, EMEA’s most environmentally sustainable airline , proudly announces a major milestone in Cyprus, surpassing 9 million passengers transported to and from Larnaca International Airport since launching operations in the country. ...
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/bizarre-paramilitary-group-in-cyprus-under-investigation
A strange and alarming case has emerged in Cyprus, where authorities are investigating a shadowy group that claims to operate under its own legal and military codes, disregarding the authority of the state....
https://knews.kathimerini.com.cy/en/news/far-from-home-held-by-hope-lebanese-refugees-find-solace-in-cyprus-amid-war-s-shadow
As the war in Lebanon continues, Cyprus has become a refuge for thousands of displaced Lebanese....
https://knews.kathimerini.com.cy/en/news/alexandroupolis-and-cyprus-in-ankara-s-crosshairs
From the upgrading of Alexandroupolis as a naval base to the military support of Cyprus, the strategic rearrangement of the region raises serious questions about the future security balances in the Mediterranean and the Balkans....
https://knews.kathimerini.com.cy/en/news/greek-defense-minister-dendias-in-cyprus-to-strengthen-military-ties
Greece’s Minister of National Defence, Nikos Dendias, is in Cyprus on Wednesday for a series of high-level meetings, including talks with President Nikos Christodoulides and his Cypriot counterpart, Vasilis Palmas....
https://knews.kathimerini.com.cy/en/news/bakoyannis-cyprus-has-what-it-takes-to-be-a-year-round-tourist-spot
Former Athens mayor Costas Bakoyannis recently shared his views on how Cyprus can become a full-time tourist destination. In an interview with Kathimerini's Dorita Yiannakou,...
https://knews.kathimerini.com.cy/en/news/europe-at-a-crossroads-act-now-or-fade-into-irrelevance
Cyprus MP Michalis Sophocleous has laid out a stark and urgent vision for the European Union’s future. His recent statement on X is not just a policy wishlist—it’s a call for Europe to wake up before it becomes a relic of the past....
https://knews.kathimerini.com.cy/en/news/cyprus-recognized-as-a-global-leader-in-childhood-cancer-care
Cyprus is gaining international recognition as a vital hub for humanitarian and medical aid in the fight against childhood cancer....
https://knews.kathimerini.com.cy/en/business/nasdaq-listed-freedom-24-is-making-its-mark-in-cyprus-and-beyond
When Timur Turlov, the CEO of Freedom Holding Corp., set his sights on Cyprus, he saw more than just a financial hub—he saw opportunity. In a market where fintech companies are staking their claims, ...
https://knews.kathimerini.com.cy/en/news/christodoulides-unveils-ambitious-plans-in-state-of-the-union-address
President Nicos Christodoulides has outlined a sweeping reform plan for 2025, aiming to enhance governance, strengthen security, and accelerate digital transformation. ...
https://knews.kathimerini.com.cy/en/comment/opinion/finally-the-night-we-ve-all-been-waiting-for-no-not-eurovision
Finally! The night we've all been waiting for. Tonight at 7 p.m., Cyprus will witness a grand moment—not the Eurovision finals, but something equally thrilling (or so we’re told)....
https://knews.kathimerini.com.cy/en/news/farmers-urged-to-milk-opportunities-for-halloumi-s-future
Goat and sheep farmers must work strategically to overcome seasonal challenges and meet growing demands for PDO Halloumi....
https://knews.kathimerini.com.cy/en/news/cretan-fisherman-nets-world-war-ii-bomber-wing
A fisherman off the coast of Crete made an extraordinary catch this week—a 15-meter-long wing believed to be from a Junkers Ju 88 bomber, a German World War II aircraft. ...
https://knews.kathimerini.com.cy/en/news/1-cyprus-moves-closer-to-energy-independence-as-drilling-begins-in-block-5
Excitement is building as drilling in Block 5 of Cyprus’ exclusive economic zone (EEZ) officially began on Friday. President Nikos Christodoulides announced the development with enthusiasm, highlighting its potential to position Cyprus as a key player in the European energy market....
https://knews.kathimerini.com.cy/en/news/€14-7-million-u-s-backed-upgrade-to-transform-cyprus-airbase
The official announcement regarding the upgrade of the ''Andreas Papandreou'' airbase by the U.S. undoubtedly strengthens bilateral relations between the two countries....
https://knews.kathimerini.com.cy/en/business/alphamega-hypermarkets-expands-its-presence-with-new-store-in-mandria-paphos
Alphamega Hypermarkets has expanded its presence in the Paphos District, by opening a new store in Mandria. The new Alphamega Hypermarket, located in the premises of the former Papamichael hypermarket, opened its doors for the first time today....
https://knews.kathimerini.com.cy/en/news/lidl-cyprus-supports-the-new-generation-of-green-entrepreneurs
The 3rd Trade Fair of the MindREset educational environmental programme, which took place on the weekend of January 18 and 19, 2025, at the Metropolis Mall in Larnaca, was successfully materialised....
https://knews.kathimerini.com.cy/en/business/greek-companies-dominate-cyprus-market-with-expanding-investments
In recent years, a wave of Greek companies has been making significant strides in Cyprus, investing across various sectors and expanding their reach....
