https://knews.kathimerini.com.cy/en/business/€1-088-minimum-wage-and-everyone-s-furious
After intense behind-the-scenes talks that stretched right up to the holidays, the government has locked in Cyprus’ new national minimum wage at €1,088 a month, a decision that settles one debate but opens several others....
https://knews.kathimerini.com.cy/en/business/cyprus-approves-minimum-wage-increase-of-8-8-effective-january-2026
The government has approved an increase to the national minimum wage, following a Cabinet decision taken after a review of economic and social conditions. The revised rates will take effect on 1 January 2026....
https://knews.kathimerini.com.cy/en/news/more-tax-relief-for-families-tougher-rules-for-everyone-else
From January 1, 2026, Cyprus will officially turn the page on how it taxes income and businesses....
https://knews.kathimerini.com.cy/en/news/cyprus-overhauls-its-tax-system-what-it-means-for-your-family
Parliament on Monday approved Cyprus’ new tax framework, a long-awaited reform that the government says will ease the burden on households, support families with children and make the economy more competitive, without requiring citizens to suddenly become tax experts....
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/news/mayor-blasts-cyprus-bureaucracy-a-15-day-approval-takes-nine-months
Paphos’ mayor, Phaedonas Phaedonos, didn’t mince words on social media this week, painting a frustrating picture of the slow grind inside Cyprus’ public sector....
https://knews.kathimerini.com.cy/en/business/€75-000-a-bottle-wines-go-up-in-flames-in-limassol-arson-attack
An arson attack on one of Limassol’s most exclusive wine bars has caused serious collateral damage, torching rare bottles worth tens of thousands of euros and sending fresh shockwaves through a case already tied to violent crime....
https://knews.kathimerini.com.cy/en/news/serious-crime-is-rising-in-cyprus-and-it-s-not-just-break-ins-anymore
Serious crime in Cyprus is going up again, slowly, quietly, but steadily, and the latest official figures suggest it’s becoming a trend rather than a one-off spike....
https://knews.kathimerini.com.cy/en/news/luxury-wine-cellar-in-limassol-ravaged-by-arson
A luxury wine cellar in Limassol was severely damaged in an arson attack, resulting in the loss of some of the world’s most expensive wines, including Château Petrus and Château Margaux....
https://knews.kathimerini.com.cy/en/business/cyprus-and-vietnam-sign-deal-to-cut-tax-barriers-and-boost-business
Cyprus and Vietnam took a fresh step toward closer economic ties on Monday with the signing of an agreement aimed at avoiding double taxation and preventing tax evasion, a move both sides say will make doing business between the two countries easier and more predictable....
https://knews.kathimerini.com.cy/en/business/first-visit-and-a-fresh-start-for-cyprus–uae-ties
Cyprus and the United Arab Emirates took a major step forward in their relationship on Sunday, with President Nikos Christodoulides and UAE President Sheikh Mohamed bin Zayed Al Nahyan wrapping up official talks in Nicosia during the first-ever visit by a UAE president to the island....
https://knews.kathimerini.com.cy/en/news/uk-cypriot-burglar-from-potters-bar-jailed-for-multiple-business-break-ins
A Potters Bar man of UK-Cypriot heritage has been sentenced following a string of burglaries targeting local businesses....
https://knews.kathimerini.com.cy/en/business/cyprus-businesses-embrace-ai-and-e-commerce-to-boost-growth
Businesses in Cyprus are increasingly embracing digital transformation, with artificial intelligence (AI) and e-commerce emerging as major drivers of change. ...
https://knews.kathimerini.com.cy/en/news/paphos-municipality-to-crack-down-on-thousands-of-unlicensed-businesses
The Municipality of Paphos is moving to enforce strict compliance with licensing regulations after a survey revealed widespread violations across the city. ...
https://knews.kathimerini.com.cy/en/news/larnaca-named-european-capital-of-culture-for-2030
Larnaca will take the spotlight as the European Capital of Culture in 2030, the Deputy Ministry of Culture announced Thursday. ...
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-best-foreign-exchange-bank-in-cyprus-by-global-finance
The Bank of Cyprus has received another important international distinction, being named ''Best Foreign Exchange Bank in Cyprus'' at the annual Gordon Platt Foreign Exchange Awards – World’s Best Foreign Exchange Banks organized by the prestigious magazine Global Finance....
https://knews.kathimerini.com.cy/en/comment/opinion/india-s-historic-labour-reforms-building-a-fair-modern-and-inclusive-work-ecosystem
India stands at a pivotal moment in its economic journey. As the nation accelerates toward becoming a global economic powerhouse, the Government has undertaken a historic transformation of its labour laws—consolidating 29 fragmented labour statutes into four comprehensive Labour Codes....
https://knews.kathimerini.com.cy/en/news/swap-your-old-ac-and-get-paid-to-upgrade
Cyprus’ Electricity Authority (EAC) is giving households, businesses, and local authorities a helping hand to cut energy bills and go green. The new “EAC+” sponsorship plan, ...
https://knews.kathimerini.com.cy/en/news/poland-passes-the-eu-torch-to-cyprus-after-action-packed-presidency
Poland’s six-month run at the helm of the EU Council is coming to a close, and Ambassador Marek Szczepanowski says it’s been a busy, ambitious ride. ...
https://knews.kathimerini.com.cy/en/comment/opinion/stablecoins-on-the-rise-bridging-crypto-chaos-and-traditional-finance
Stablecoin promises to bring together the best of both worlds: the efficiency of blockchain and the benefits of decentralized finance, paired with the trust inherent in traditional currencies....
https://knews.kathimerini.com.cy/en/out-about/cypriots-plan-last-minute-new-year-s-eve-outings-pasika-seeks-holiday-hours-extension
The festive season has officially begun, even if the weather has yet to match the mood. Music venues and restaurants across Cyprus are already preparing to welcome holiday crowds....
https://knews.kathimerini.com.cy/en/news/new-bank-tax-could-ease-the-pinch-on-families-but-who-s-behind-it
A year after narrowly losing a vote in parliament, AKEL is back with a new proposal to impose an emergency tax on banks for 2025 and 2026, calling it a “solidarity levy” aimed at helping everyday Cypriots cope with rising costs....
https://knews.kathimerini.com.cy/en/news/eko-honored-at-the-cyprus-responsible-business-awards-2024
EKO received five major distinctions at the Cyprus Responsible Business Awards 2024, reaffirming its strategic commitment to corporate responsibility and its positive contribution to society and local communities....
https://knews.kathimerini.com.cy/en/comment/opinion/makarios-avenue-struggles-to-reclaim-its-glory-despite-makeover
No one doubts that Makarios Avenue in Nicosia is facing serious commercial challenges. This has been one of the city’s most discussed and critical issues for some time now....
https://knews.kathimerini.com.cy/en/news/eu-launches-legal-action-against-26-member-states-including-cyprus-over-energy-efficiency-delays
The European Commission has initiated formal infringement proceedings against 26 EU Member States, including Cyprus, for failing to integrate the Energy Efficiency Directive (EU) 2023/1791 into their national laws. ...
https://knews.kathimerini.com.cy/en/news/officials-greenlight-€90m-paphos-polis-highway-after-contractor-appeal-fails
Cyprus is moving ahead with the first stretch of the Paphos-Polis Chrysochous highway after authorities rejected an appeal by construction company AKTOR....
https://knews.kathimerini.com.cy/en/business/cyprus-hotels-filling-up-fast-as-christmas-tourism-hits-record-highs
Cyprus is heading into the Christmas season with hotels filling fast and tourist bookings reaching new highs. Officials say the island remains one of Europe’s favorite winter destinations, with occupancy rates already strong and last-minute reservations expected to push them even higher....
https://knews.kathimerini.com.cy/en/news/cyprus-road-transport-department-warns-of-unsafe-e-bikes-cars-and-truck-tires
Cyprus’ Department of Road Transport is warning consumers about several electric bicycles, passenger vehicles and a truck tire model that have been flagged as unsafe in the European Union’s rapid alert system for dangerous non-food products....
https://knews.kathimerini.com.cy/en/out-about/christmas-magic-returns-to-limassol-after-three-years
After a three-year break, Limassol is getting its sparkle back. EUROBANK is bringing the city’s most magical holiday experience, Limassol Christmas Land, to life starting November 19, filling the heart of the city with lights, music, laughter, and endless festive fun....
https://knews.kathimerini.com.cy/en/business/cyprus-connectivity-and-the-future-of-european-aviation-a-conversation-with-olivier-jankovec
Olivier Jankovec, Director General of Airports Council International (ACI) Europe—the airport counterpart to IATA—has a bird’s-eye view of the European aviation landscape. Right now, he has his sights set on Cyprus....
