https://knews.kathimerini.com.cy/en/business/boc-eyes-strategic-acquisitions-in-insurance-asset-management-and-fintech
Bank of Cyprus says it is keeping a close watch for potential acquisitions that could add value to the group, focusing on three main areas: insurance, asset management and fintech....
https://knews.kathimerini.com.cy/en/business/meeting-of-ewise-cyprus-ltd-–-esso-gas-station-owners
In an event that marks a new, dynamic era for the ESSO gas station network, the management of Petrolina (Holdings) Public Limited and its subsidiary, eWise Cyprus Ltd, discussed their vision and next steps with station owners on Tuesday, February 17, 2026, at the Amathus Hotel in Limassol....
https://knews.kathimerini.com.cy/en/life/kapopoulos-fine-arts-presents-contemporary-art-auction-in-nicosia
Kapopoulos Fine Arts is pleased to announce its upcoming Contemporary Art Auction, taking place on Wednesday, February 18, 2026, at 19:00 at Nicosia Gallery (43 Stasikratous Street). ...
https://knews.kathimerini.com.cy/en/news/€1-2bn-to-rearm-the-cyprus-national-guard
The approval of the Republic of Cyprus’ application to participate in the EU’s SAFE regulation (Security Action for Europe) opens a new chapter in the National Guard’s armaments program, the largest since its establishment. ...
https://knews.kathimerini.com.cy/en/news/€361-million-strategic-agreement-for-themis
Themis Portfolio Management Limited (hereinafter “Themis”) announces the execution of a servicing agreement for the management of loans and real estate assets and the provision of other services to Cyprus Asset Management Company Ltd (hereinafter “KEDIPES”) and Creditum Holdings Ltd (hereinafter “Creditum”)....
https://knews.kathimerini.com.cy/en/business/jumbo-eyes-turkey-as-next-step-in-international-expansion
Jumbo, the Greek retail giant best known for its bargain-priced toys and household goods, is quietly eyeing a move into Turkey, a step that would mark one of its most ambitious expansions yet....
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-shares-surge-to-15-year-high
When the investment fund Lone Star Funds “courted” Bank of Cyprus in the summer of 2022, offering just under €2 per share, well above its market price at the time, it clearly saw potential. ...
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/square-one-launches-500-new-homes-in-2026
Square One is entering a defining chapter in its growth....
https://knews.kathimerini.com.cy/en/news/drugs-hidden-in-plain-sight-as-authorities-seize-narcotics-soaked-paper-sheets
Cyprus police have arrested a 68-year-old man in Larnaca district after uncovering a large quantity of paper believed to be infused with narcotic substances....
https://knews.kathimerini.com.cy/en/news/cyprus-tax-reform-2026-what-changed-and-what-stayed-the-same
On 22 December 2025, the House of Representatives approved a wide-ranging tax reform package, with most measures taking effect from 1 January 2026. It is not an incremental adjustment....
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/business/eurobank-to-begin-trading-on-cyprus-stock-exchange-in-december-2025
In December 2025, Eurobank’s shares are set to start trading on the Cyprus Stock Exchange (CSE) in a “dual listing,” meaning they will continue trading simultaneously on the Athens Stock Exchange (ATHEX)....
https://knews.kathimerini.com.cy/en/news/adobe-scoops-up-semrush-in-$1-9b-deal
Adobe, the U.S.-based software giant behind Photoshop and Premiere Pro, is set to acquire Semrush, the digital marketing and SEO platform with a major office in Limassol, for $1.9 billion....
https://knews.kathimerini.com.cy/en/news/pompeo-turkish-leadership-shows-little-interest-in-resolving-cyprus-issue
During the recent Economist conference in Nicosia, Pompeo suggested that Turkish Cypriots are generally open to finding a resolution, but he questioned whether Turkey’s leadership shares the same commitment....
https://knews.kathimerini.com.cy/en/news/alpha-bank-completes-the-acquisition-of-astrobank-s-banking-operations-in-cyprus
Alpha Bank announces the successful completion of the acquisition of substantially all assets and liabilities of AstroBank Public Company Ltd (“AstroBank”), through its subsidiary Alpha Bank Cyprus Ltd (“Alpha Bank Cyprus”) and other Group entities, following the receipt of all required regulatory approvals (the “Transaction”)....
https://knews.kathimerini.com.cy/en/news/new-rocket-launchers-hit-the-streets-of-cyprus
In a move that caught Ankara off guard, Cyprus quietly renewed its military arsenal, unveiling two squadrons of Serbian-designed Tamnava rocket launchers during the island’s recent Independence Day celebrations....
https://knews.kathimerini.com.cy/en/business/foreign-buyers-account-for-over-a-quarter-of-cyprus-property-sales
Foreign buyers from outside the European Union accounted for 27% of all property sales in Cyprus in 2024, the Audit Office said Wednesday during a parliamentary review of foreign real estate acquisitions....
https://knews.kathimerini.com.cy/en/news/eu-sends-warning-to-cyprus-over-firearms-law
The European Commission has formally warned Cyprus, along with Bulgaria, Denmark, and France, for failing to properly implement key provisions of the EU’s firearms directive....
https://knews.kathimerini.com.cy/en/news/cypriot-tycoon-sets-sail-with-armani-s-yacht-designs
Cypriot entrepreneur Kostas Cleanthos, known locally for his acquisition of the country’s leading newspaper, Phileleftheros, and internationally for founding global trading platform XM, is charting a new course, this time on the high seas....
https://knews.kathimerini.com.cy/en/business/cyprus-moves-to-tighten-foreign-investment-rules-boost-transparency
Cyprus is set to introduce stricter controls on foreign investments in a new bill aimed at protecting critical sectors while keeping the country attractive to reliable investors....
https://knews.kathimerini.com.cy/en/business/end-of-an-era-as-kean-factory-to-be-replaced-by-urban-high-rises
One of Cyprus’s most iconic factories is shutting down. After nearly 70 years in the heart of Limassol, the historic KEAN factory will officially wrap up operations at its current site by 2026, marking the end of an era for the local soft drink producer....
https://knews.kathimerini.com.cy/en/business/eurobank-to-hike-dividends-by-over-50
Eurobank has announced plans to increase its dividend payout by more than 50% next year, alongside a juicy interim dividend of €170 million, equivalent to 4.7 cents per share. The news comes despite a small dip in profits, showing the bank’s confidence in its growth path and expanding footprint....
https://knews.kathimerini.com.cy/en/business/big-greek-players-move-in-on-cyprus-signature-cheese
Cyprus’ beloved halloumi is having a moment, and it’s not just on the grill. The country’s signature cheese is drawing serious attention from international investors, as Greek dairy giants plough hundreds of millions into Cypriot facilities, betting big on the future of the PDO-certified export star....
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/business/epic-s-parent-company-honored-for-investment-in-cyprus-at-international-awards
Monaco Telecom, the sole shareholder of Cyprus-based telecom provider Epic, was recognized at the 13th Invest Cyprus International Investment Awards for its substantial contribution to the Cypriot economy through continued investment in the telecommunications sector....
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/company-maspex-romania-moves-forward-to-acquire-majority-control-of-cyprus-based-wine-purcari
Maspex Romania has announced the launch of a voluntary takeover bid to acquire a majority stake in Wine Purcari, a Cyprus-registered winemaker with Moldovan roots and a growing international presence. ...
https://knews.kathimerini.com.cy/en/business/israeli-developers-to-launch-€40m-high-rise-project-in-larnaca
An Israeli real estate partnership is set to break ground on a €40 million high-rise residential and tourism project along the Larnaca seafront, according to a joint announcement made this week....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-is-being-bought-and-the-state-doesn-t-seem-to-know-or-care
About a year ago, I met with the top state official responsible for land and property issues in Cyprus. I won’t name names. My intention isn’t to target anyone personally, but I will say this: I spoke to the person who should know the most about the growing number of real estate acquisitions by non-EU nationals....
