https://knews.kathimerini.com.cy/en/business/cyprus-climbs-the-global-competitiveness-rankings
Cyprus' economy is showing encouraging progress in competitiveness, ranking 42nd out of 70 economies in this year's IMD World Competitiveness Yearbook. The country improved by two places compared with last year, climbing from 44th in 2025....
https://knews.kathimerini.com.cy/en/business/hadassah-medical-center-limassol-announces-mr-george-zachariades-as-ceo-ahead-of-its-opening
Hadassah Medical Center in Limassol is pleased to announce the appointment of Mr. George Zachariades to the position of Chief Executive Officer, significantly strengthening its management team in view of its opening date....
https://knews.kathimerini.com.cy/en/news/when-the-numbers-look-good-but-life-doesn-t-feel-it
Cyprus has been recording economic growth rates in recent years that would make even some of Europe’s strongest economies take notice....
https://knews.kathimerini.com.cy/en/business/built-to-be-celebrated-parkside-celebrates-its-30th-anniversary
A milestone for PARKSIDE: The brand is celebrating its 30th anniversary in 2026. What started in 1996 has developed into Europe's best-selling DIY brand three decades later. Under the anniversary motto "BUILT TO BE CELEBRATED!", the brand looks back on an unprecedented history of growth....
https://knews.kathimerini.com.cy/en/business/the-national-and-kapodistrian-university-of-athens-and-k-treppides-co-group-launch-a-landmark-partnership-to-shape-the-next-generation-of-leaders-in-greece-and-cyprus
The National and Kapodistrian University of Athens (NKUA) and K Treppides & Co Group are proud to announce the signing of a Memorandum of Understanding (MoU), executed on Monday, 15 June 2026, marking the beginning of a landmark strategic partnership aimed at bridging academic excellence with professional experience and creating new opportunities for the next generation of economists, business professionals, researchers and leaders in Cyprus and Greece....
https://knews.kathimerini.com.cy/en/business/cosmos-insurance-honors-its-people-at-a-starry-celebration
COSMOS Insurance celebrated its 45-year presence in the insurance industry on Friday, 19 June, in the most fitting way possible: by paying tribute to its people, its greatest strength....
https://knews.kathimerini.com.cy/en/business/invest-cyprus-and-anima-investment-network-opened-euromed-days-in-nicosia-placing-cyprus-at-the-centre-of-euro-mediterranean-investment-cooperation
Invest Cyprus & ANIMA Investment Network successfully opened EUROMED DAYS - Connecting Regions, Empowering Growth: Mediterranean-Europe Investment Partnerships for a Resilient Future, a high-level regional investment forum that took place in Cyprus from 15 to 17 June 2026....
https://knews.kathimerini.com.cy/en/business/ai-reshapes-global-labour-market-into-two-distinct-paths-rewarding-human-skills-pwc-2026-ai-jobs-barometer
According to PwC’s 2026 AI Jobs Barometer, AI is rapidly reshaping the skills employers want most from workers – increasing the emphasis on human skills such as judgement, creativity and leadership – as companies most able to use AI continue to expand hiring faster than their peers....
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/business/work-reimagined-gen-z-and-millennials-prioritise-wellbeing-and-skills-in-an-ai-driven-world
As Gen Zs and millennials move deeper into adulthood and leadership, they are reshaping how progress at work is defined, often prioritising stability, skills, and wellbeing before advancement, according to the results of Deloitte Global’s annual Gen Z and Millennial Survey. Now in its 15th year, the research draws on responses from more than 22,500 Gen Zs and millennials across 44 countries, alongside qualitative insights from business leaders....
https://knews.kathimerini.com.cy/en/business/petrolina-supports-the-expansion-of-ronald-mcdonald-house®-cyprus
As part of its ongoing commitment to social responsibility and support for initiatives that promote health and well-being, Petrolina has contributed to the expansion of Ronald McDonald House® Cyprus by sponsoring and adopting one of the four rooms in the House’s new extension....
https://knews.kathimerini.com.cy/en/news/eu-investment-bank-restarts-funding-to-turkey-after-7-year-freeze
The return of the European Investment Bank (EIB) to Turkey was officially sealed on June 10, marking the revival of new development projects in the country after a seven-year hiatus....
https://knews.kathimerini.com.cy/en/business/cap-st-georges-hotel-resort-celebrates-an-exceptional-achievement-with-10-awards-at-the-cyprus-tourism-awards-2025-and-the-cyprus-estia-awards-2026
Cap St Georges Hotel & Resort is proud to announce an exceptional achievement at the prestigious Cyprus Tourism Awards 2025 and Cyprus Estia Awards 2026, securing a total of ten distinguished accolades that reaffirm its position among Cyprus' leading luxury hospitality destinations....
https://knews.kathimerini.com.cy/en/news/ecb-raises-interest-rates-as-expected
Cypriot households with mortgages and loans may soon feel additional pressure on their monthly budgets after the European Central Bank (ECB) decided to raise interest rates by 0.25 percentage points, marking its first rate increase since September 2023....
https://knews.kathimerini.com.cy/en/business/ecb-set-for-two-rate-hikes-this-year-what-it-means-for-cypriots
The war in Iran may be happening hundreds of kilometers away, but for many people in Cyprus, its effects could soon be felt much closer to home, in their electricity bills, supermarket receipts, and even their mortgage payments....
https://knews.kathimerini.com.cy/en/business/from-the-success-of-limassol-del-mar-to-the-legendary-collaboration
For over 6 decades, the Leptos Group has played a defining role in shaping the modern image and international positioning of Cyprus through pioneering developments, long-term investments, and a vision centered around extroversion, innovation, quality, and global standards across multiple sectors. Through Real estate development, Ηospitality, Εducation and Ηealthcare,the Leptos Group continues to strengthen Cyprus’ competitiveness and presence in international markets....
https://knews.kathimerini.com.cy/en/news/building-a-home-in-cyprus-is-getting-more-expensive
Building a home in Cyprus has become noticeably more expensive over the past year, with construction material costs rising sharply and adding fresh pressure on property prices across the island....
https://knews.kathimerini.com.cy/en/business/cyprus-based-brokerage-boosts-its-financial-safety-under-regulator-pressure
A Limassol-based brokerage firm has updated its financial disclosures to Cyprus regulators in a move aimed at strengthening its resilience against market volatility and meeting stricter EU financial rules....
https://knews.kathimerini.com.cy/en/business/evgenii-tiapkin-‘there-is-no-equivalent-to-the-freedom-ecosystem-in-the-eu
Last Wednesday, 3 June, the President of Cyprus, Nikos Christodoulides, arrived in Kazakhstan at the invitation of President Kassym-Jomart Tokayev, accompanied by a delegation of officials and representatives of the national business community. The heads of state held bilateral talks. The talks then continued in an expanded format with the participation of delegations from both countries, and a bilateral business forum was held on the same day. ...
https://knews.kathimerini.com.cy/en/business/cyprus-airways-appoints-andrea-pirlo-as-brand-ambassador
Cyprus Airways announces its cooperation with Andrea Pirlo, an internationally recognised football player and coach, as the airline’s new official brand ambassador....
https://knews.kathimerini.com.cy/en/news/green-agenda-cyprus-summit-2026-ends-with-great-success
The Green Agenda Cyprus Summit 2026, Cyprus’ largest sustainability conference, was held with great success on Thursday, June 4, 2026, at Hilton Nicosia, bringing together representatives from government, business, academia, and organizations, alongside distinguished speakers from Cyprus and abroad....
https://knews.kathimerini.com.cy/en/business/deloitte-cyprus-is-proud-to-welcome-two-new-partners
Deloitte Cyprus proudly announces the growth of its leadership team with the appointment of two new partners, effective 1 June 2026. Novia Georgiou and Michalis Zinieris have been promoted to Partner in the Audit & Assurance and Technology & Transformation practices, respectively. They both bring significant expertise in their fields, and exemplify the outstanding leadership, integrity, and values that form the foundation of Deloitte....
https://knews.kathimerini.com.cy/en/business/freedom-holding-corp-reports-record-revenue-and-doubles-net-profit-in-fy2026
Freedom Holding Corp., the parent company of Freedom24, has reported record revenue and doubled its net profit for the 2026 fiscal year, which ended on 31 March 2026. The results were published on 1 June....
https://knews.kathimerini.com.cy/en/business/entrepreneurial-ambitions-rise-in-cyprus-but-barriers-to-growth-remain
Cypriots are expressing strong interest in entrepreneurship and increasing confidence in their ability to launch businesses, according to the latest Global Entrepreneurship Monitor (GEM) report for 2024/2025. Despite this positive outlook, several long-standing challenges continue to limit the number of new companies being established....
https://knews.kathimerini.com.cy/en/news/cyprus-leads-eu-in-oil-dependence-despite-renewable-energy-surge
Cyprus remains one of the European Union’s most petroleum-dependent countries, according to the latest Eurostat energy data, even though renewable sources now account for almost all domestic energy production....
https://knews.kathimerini.com.cy/en/news/paphos-hotels-set-for-packed-holiday-weekend-despite-slower-tourism-season
Hotels in Paphos are preparing for a busy Kataklysmos holiday weekend, with occupancy rates expected to climb above 90 percent as many Cypriots choose the coastal city for a short break....
https://knews.kathimerini.com.cy/en/business/compliancesuite-ai-launches-new-website-showcasing-unified-compliance-operating-infrastructure-for-regulated-organisations
As regulatory obligations continue to expand across Europe and globally, organisations are facing increasing pressure to strengthen compliance operations while maintaining speed, scalability, and operational efficiency. From AML and KYC obligations to transaction monitoring, KYB verification, sanctions screening, regulatory reporting, and third-party risk management, businesses are seeking more connected and intelligent ways to manage compliance within increasingly complex regulatory environments....
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/news/oeb-endorses-green-agenda-summit-2026-as-institutional-supporter
Driven by its focus on sustainable development and the competitiveness of the economy, the Cyprus Employers & Industrialists Federation (OEB) supports the Green Agenda Summit 2026 as an Institutional Supporter. The Summit organized by SPP Media, will take place on 4 June 2026 at the Hilton Nicosia....
https://knews.kathimerini.com.cy/en/business/official-opening-of-the-eurobank-india-office-marks-a-new-milestone-in-europe–india-connectivity
An official inauguration ceremony for the Eurobank India Office was held on 21 May 2026 at the Taj Mahal Palace Hotel in Mumbai, with the President of the Republic of Cyprus, Mr Nikos Christodoulides, in attendance....
