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/news/ted-turner-founder-of-cnn-and-broadcasting-pioneer-dies-at-87
Media entrepreneur Ted Turner, the founder of CNN and one of the most influential figures in television news, has died at 87, according to the network he created....
https://knews.kathimerini.com.cy/en/business/have-organisational-functions-outlived-their-purpose
In a constantly changing business landscape, where the nature of work is on a constant transformation through automation and the use of AI, traditional organisational functions seem not only outdated, but unable to achieve the agility and adaptability necessary to thrive in today’s business environment....
https://knews.kathimerini.com.cy/en/business/cyprus-still-on-investors-radar-despite-iran-war
The war in Iran is not shutting the door on investment and business activity in Cyprus. ...
https://knews.kathimerini.com.cy/en/business/chinese-brands-expand-globally-redefining-made-in-china
For decades, the label ''Made in China'' was linked to inexpensive copies. That perception is changing quickly. Chinese companies are no longer just manufacturing for others; they are building their own brands and competing directly in international markets....
https://knews.kathimerini.com.cy/en/business/announcement-new-leadership-appointments-at-k-treppides-co-ltd
The Management of K. Treppides & Co Ltd is pleased to announce the appointment of new Directors, Principals and Senior Leaders to the Board of Directors and the Board of Management, effective 1 April 2026. ...
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-acquires-cdbbank-s-healthy-assets-in-strategic-move
Bank of Cyprus (BOC) has acquired cdbBank, taking over only the financially healthy assets of the smaller lender, according to sources close to the deal....
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/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/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/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/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/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/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/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/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....
https://knews.kathimerini.com.cy/en/business/s-p-global-ratings-upgrades-freedom24-outlook-to-positive-citing-stronger-risk-management
S&P Global Ratings has revised its outlook on Freedom Finance Europe Ltd., operating under the Freedom24 brand, from stable to positive, while affirming its 'B+/B' long- and short-term issuer credit ratings....
https://knews.kathimerini.com.cy/en/business/cyprus-returns-to-three-systemic-banks-after-alpha-bank-cyprus-astrobank-deal
Cyprus is set to have three systemic banks again after Alpha Bank Cyprus signed a final agreement to acquire most of AstroBank’s assets and liabilities. The deal was officially signed Tuesday, June 24, 2025....
https://knews.kathimerini.com.cy/en/business/boc-eyes-bigger-role-in-your-financial-future
Beyond its moves into the insurance sector, Bank of Cyprus is actively exploring additional ways to increase the bank’s overall value. ...
https://knews.kathimerini.com.cy/en/news/ey-announces-the-appointment-of-4-new-partners-in-cyprus
EY Cyprus is pleased to announce that its leadership team has been strengthened with the addition of four new partners:...
https://knews.kathimerini.com.cy/en/business/deloitte-cyprus-welcomes-two-new-partners
Deloitte Cyprus is pleased to announce the growth of its leadership team with the appointment of two new partners, effective 1 June 2025....
https://knews.kathimerini.com.cy/en/news/shock-bills-football-fixes-a-u-turn-on-makarios-ave-cyprus-week-of-curveballs
From electricity bills getting a surprise bump to football clubs sliding past tax rules (again) and a Nicosia street project taking a literal U-turn, this week was full of plot twists. ...
https://knews.kathimerini.com.cy/en/business/global-vc-investment-rises-in-q1-25-on-back-of-record-setting-$40-billion-open-ai-deal-according-to-kpmg-s-venture-pulse
Global VC investment surged from $118.7 billion in Q4’24 to an eleven-quarter high of $126.3 billion in Q1’25, despite ongoing geopolitical conflicts and tensions, continued concerns about global trade and tariffs, and the delay of a major reopening in the IPO market....
https://knews.kathimerini.com.cy/en/news/andreas-neocleous-omiros-pissarides-eirini-hadjisavva-and-marios-tannousis-to-speak-at-green-agenda-cyprus-summit
This year’s Sustainable Development Conference aims to support and enhance Cyprus’s national strategy for the Green Transition....
https://knews.kathimerini.com.cy/en/news/alpha-services-acquires-axia-ventures
Alpha Services and Holdings has announced an agreement to acquire AXIA Ventures Group, aiming to form the leading investment banking and capital markets company in Greece and Cyprus. ...
https://knews.kathimerini.com.cy/en/business/greek-companies-eye-cypriot-market-for-new-business-opportunities
Greek businesses are continuing to make their mark on Cyprus, with a growing number of companies looking to expand and partner with Cypriot firms....
https://knews.kathimerini.com.cy/en/business/greek-banks-continue-to-invest-in-cyprus-with-new-acquisitions
Greek banks are showing no signs of slowing down when it comes to investing in Cyprus. ...
https://knews.kathimerini.com.cy/en/business/fintech-giants-eye-cyprus-small-banks-in-race-for-european-banking-licenses
Cyprus’ small banks have become prime targets for global fintech companies and financial institutions, with potential acquisitions aimed at securing a European banking license. ...
