https://knews.kathimerini.com.cy/en/news/cyprus-proves-a-lucrative-market-for-banks
Cyprus remains a strong source of bank profits, with two of the three banks whose parent companies are based in Greece reporting impressive results. ...
https://knews.kathimerini.com.cy/en/news/cyprus-orders-second-patrol-ship-from-israel
The agreement to acquire a second offshore patrol vessel is simply the implementation of the original plan to strengthen the National Guard’s Naval Command with modern surface vessels....
https://knews.kathimerini.com.cy/en/business/eko-strikes-deal-to-buy-staroil
The company behind EKO Cyprus has agreed to buy local fuel supplier STAROIL, a deal that could reshape competition in a market where drivers and households are watching fuel prices closely....
https://knews.kathimerini.com.cy/en/news/cyprus-turns-to-israeli-weapons-but-france-remains-its-top-arms-supplier
Sixty-two years after its establishment, the National Guard has spent the past 15 years entering a new era, leaving behind a period defined largely by its inward-looking approach....
https://knews.kathimerini.com.cy/en/news/two-porsches-€10-in-the-bank-and-inherited-water-inside-mps-finances
A London apartment, €200,000 worth of furniture, bank accounts holding loose change and an inheritance of ''running water'' are among the standout details in MPs’ asset declarations....
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus–cdbbank-deal-nears-completion-after-staff-exit-scheme
Bank of Cyprus’ acquisition of cdbBank is on course for a successful conclusion after cdbBank met a key condition of the agreement: implementing a voluntary retirement scheme (VRS)....
https://knews.kathimerini.com.cy/en/news/fighter-jets-new-defenses-and-foreign-troops-mark-independence-day
With full ceremonial honors and troops marching in precise formation, the Independence Day military parade concluded shortly before noon on Iosif Hadjiosif Avenue, marking 66 years since the establishment of the Republic of Cyprus in 1960....
https://knews.kathimerini.com.cy/en/news/what-to-expect-at-october-1-independence-day-parade
Celebrations marking the 66th anniversary of the Republic of Cyprus' independence will feature an expanded program, with the large military parade in Nicosia as the main event. ...
https://knews.kathimerini.com.cy/en/news/€120-million-kouris-project-to-bring-220km-sewerage-network-to-western-limassol
A major expansion of the sewerage system in western Limassol is getting underway, with construction costs expected to exceed €120 million and infrastructure planned to cover around 33 square kilometres....
https://knews.kathimerini.com.cy/en/comment/opinion/it-s-alive
When Jacob Coxon, a researcher at Anthropic and former OpenAI employee, resigned noisily on X, he warned that artificial intelligence companies were playing with the lives not simply of people, but of humanity itself, in a race to build self-improving models....
https://knews.kathimerini.com.cy/en/business/three-major-deals-await-the-regulators-green-light
Three deals are currently awaiting regulatory approval. Although entirely different in nature, all three have one thing in common: they must pass through the supervisory process....
https://knews.kathimerini.com.cy/en/comment/opinion/artemion-the-holocaust-and-the-israelis-title-deeds
Any Jew who set foot in Cyprus was subject to immediate execution. No questions asked. The law was clear and absolute, and it included stranded sailors and shipwreck survivors, cast ashore by ''the wind of the sea.''...
https://knews.kathimerini.com.cy/en/news/coming-elections-put-banks-back-in-the-spotlight
Cyprus’ banks have reported strong profits since 2022. Although that momentum slowed during 2025, the European Central Bank’s interest rate increases in 2026, introduced in response to renewed inflationary pressures, are expected to give earnings another boost....
https://knews.kathimerini.com.cy/en/business/traditional-banks-are-funding-more-shadow-loans
While lending increasingly grows in a demanding environment with geopolitical developments affecting the region and by extension Cyprus, the boundaries between traditional and shadow banking are becoming more and more blurred....
https://knews.kathimerini.com.cy/en/business/cyta-to-build-cyprus-largest-privately-owned-data-center-after-redmax-acquisition
Cyta is expanding its digital infrastructure with the acquisition of the RedMax data center in the Latsia Industrial Area, a project that will significantly increase its ability to deliver Cloud computing and equipment colocation services to customers in Cyprus and overseas....
https://knews.kathimerini.com.cy/en/business/coral-cyprus-shell-licensee-strengthens-the-shell-service-station-network-with-a-new-strategic-location-in-aradippou
Coral Cyprus (Shell Licensee), which holds the licence to use the Shell trademark in Cyprus, has proceeded with the acquisition of a new service point in Aradippou, further strengthening the network of service stations bearing the Shell brand and its presence in the Larnaca district....
https://knews.kathimerini.com.cy/en/news/new-data-details-scale-of-domestic-abuse-and-femicide-in-cyprus
Cyprus recorded 17 femicides between 2020 and 2025, according to newly released figures from the police. Over the same six-year period, authorities recorded 16 specific cases of femicide, indicating that at least one incident involved multiple fatalities....
https://knews.kathimerini.com.cy/en/business/cyprus-receives-first-€177-million-payment-under-eu-defence-fund
Cyprus has received an initial €177.2 million payment from the European Union through the Security Action for Europe (SAFE) defence funding programme, marking the first tranche of financial support allocated to the country under the scheme....
https://knews.kathimerini.com.cy/en/news/turkey-steps-up-focus-on-cyprus-as-israel-ties-expand
Cyprus is finding itself more frequently at the center of discussions about Israel's growing strategic footprint in the Eastern Mediterranean, as regional rivalries continue to reshape security and diplomatic relationships across the region....
https://knews.kathimerini.com.cy/en/business/after-the-mafia-state-report-attention-turns-to-investor-confidence
The findings of the investigation into Mafia State, which identified potential criminal offenses involving 15 individuals and legal entities, are expected to have an immediate effect on public confidence and Cyprus’s reputation abroad....
https://knews.kathimerini.com.cy/en/news/anastasiades-linked-to-seven-potential-offences-in-mafia-state-findings
Former president Nicos Anastasiades is linked to seven potential offences in the findings of Cyprus' Independent Authority Against Corruption following its investigation into allegations contained in the book Mafia State...
https://knews.kathimerini.com.cy/en/news/cyprus-newest-eye-in-the-sky-how-a-space-project-could-change-life-on-the-ground
When most people think of space technology, they imagine rockets, astronauts, and distant planets. But Cyprus’ newest move into the space sector is much closer to home and could one day help firefighters detect disasters faster, farmers use less water, authorities monitor the sea, and scientists better understand the changing climate....
https://knews.kathimerini.com.cy/en/news/mortgage-to-rent-scheme-gets-180-new-applications-but-is-it-picking-up
The ''Rent Instead of Installment'' scheme, also known as ''Mortgage to Rent,'' has reopened, allowing more borrowers to apply....
https://knews.kathimerini.com.cy/en/business/deutsche-bank-sees-greek-banks-as-takeover-targets-with-bank-of-cyprus-in-view
Greek banks are attractive targets for mergers and acquisitions, according to Deutsche Bank, with Eurobank and Piraeus Bank standing out in particular. The bank also suggests that Bank of Cyprus could be a potential target for National Bank of Greece....
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-named-the-best-bank-in-cyprus-in-global-finance-s-world-s-best-banks-awards-2026
Global Finance, one of the leading international publications focused on banking and finance, has named Bank of Cyprus the Best Bank in Cyprus in its World’s Best Banks Awards 2026....
https://knews.kathimerini.com.cy/en/business/timur-turlov-presents-freedom-case
On 26 May, Timur Turlov, CEO of Freedom Holding Corp., a parent company of Freedom24, addressed MBA students at Stanford University in California. The session marked the first academic case study at the Stanford Graduate School of Business (GSB) dedicated to the corporate strategy of a Central Asian company....
https://knews.kathimerini.com.cy/en/business/leonardo-hotels-mediterranean-strengthens-its-presence-in-greece-and-cyprus-with-a-new-hotel-in-the-center-of-athens
Leonardo Hotels & Resorts Mediterranean has proceeded with a new strategic investment in the Greek hospitality market, further strengthening its presence in Athens and reaffirming its dynamic growth trajectory across the Eastern Mediterranean region....
https://knews.kathimerini.com.cy/en/news/cyprus-banking-map-set-to-shrink-as-two-smaller-banks-change-hands
Developments involving two smaller Cypriot banks are reshaping the country’s banking sector, pointing to further consolidation in an industry that has steadily strengthened in recent years....
https://knews.kathimerini.com.cy/en/news/after-trozena-investor-interest-turns-to-fasli
Plans to redevelop the long-abandoned village of Trozena in the Limassol district have triggered intense public debate, as proposals linked to an Israeli investor move through Cyprus’s planning system....
https://knews.kathimerini.com.cy/en/business/leonardo-hotels-resorts-mediterranean-strengthens-its-presence-in-northern-greece-with-meravia-–-leonardo-limited-edition
With its opening on May 1st, MERAVIA – Leonardo Limited Edition marks a new chapter for Leonardo Hotels & Resorts Mediterranean in Northern Greece, strategically strengthening the company’s presence within the Greek hospitality market....
