https://knews.kathimerini.com.cy/en/news/christodoulides-government-weighs-next-steps-after-employers-reject-cola-proposal
President Nikos Christodoulides has indicated that the government is considering alternative approaches to the Cost of Living Allowance (COLA) after employers’ organizations rejected its proposed permanent agreement....
https://knews.kathimerini.com.cy/en/business/employers-unanimously-reject-cost-of-living-proposal-by-government
Cyprus’ two leading employer groups have rejected the government’s proposal for a new Cost-of-Living Allowance (ATA) deal, saying the draft agreement “falls short” on several key points and cannot be signed as it stands....
https://knews.kathimerini.com.cy/en/business/cyprus-in-the-spotlight-mediterranean-pact-offers-jobs-energy-and-influence
Cyprus is positioning itself for a front‑row seat in a major new regional plan. The EU‑backed Pact for the Mediterranean, launched in mid‑October, aims to deepen cooperation across the southern shores of the Mediterranean, and Cyprus stands to gain in several concrete ways....
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/president-unveils-major-tax-overhaul-aimed-at-fairness-growth-and-green-transition
Cyprus is rolling out the biggest tax shake-up in more than two decades, promising a fairer system that supports families, strengthens local businesses, and keeps the economy competitive....
https://knews.kathimerini.com.cy/en/comment/opinion/one-small-step-for-man…one-giant-waste-of-time-for-womankind
I nearly spit out my coffee when I saw the story pop up: Cyprus has unveiled its first female pedestrian crossing lights. Yes, you read that right. The little stick figure that tells you when to cross the street is now wearing a skirt....
https://knews.kathimerini.com.cy/en/business/cyprus-tourism-hits-record-highs-€2-47-billion-in-eight-months
Tourism in Cyprus is booming. August alone brought in €581.8 million, up nearly 14% from last year, while total earnings from January through August hit €2.47 billion, marking a 16.5% increase compared with the same period in 2024....
https://knews.kathimerini.com.cy/en/news/top-eu-official-visits-cyprus-ahead-of-island-s-council-presidency
The Secretary-General of the Council of the European Union, Thérèse Blanchet, visited Cyprus today, meeting with President Nikos Christodoulides in Nicosia as the island prepares to assume the EU Council presidency at the start of 2026....
https://knews.kathimerini.com.cy/en/business/cyprus-chosen-to-lead-eastern-europe-investment-hub
Cyprus is making a name for itself on the international investment stage. Invest Cyprus, the agency that brings businesses and investors to the island, has been elected Regional Director for Eastern Europe at the World Association of Investment Promotion Agencies (WAIPA) for 2025‑27....
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-opens-india-hub-to-attract-new-business
The Bank of Cyprus is setting up a special ''India Hub'' to help Indian businesses work with the bank and explore opportunities in Cyprus and Europe....
https://knews.kathimerini.com.cy/en/business/at-mackenzie-beach-the-party-never-ends-and-neither-does-the-tax-evasion
An internal audit has raised serious concerns over how Cyprus’s Tax Department handled suspected tax evasion at bars and restaurants along Mackenzie Beach in Larnaca, finding what officials described as a “troubling pattern of leniency” toward businesses with known irregularities....
https://knews.kathimerini.com.cy/en/news/boc-fintech-hackathon-6-0-empowering-innovation-in-the-new-era-of-fintech
The 6th BoC Fintech Hackathon, organized by the Bank of Cyprus, was held at the IDEA Innovation Centre from 10–12 October 2025, and concluded with resounding success....
https://knews.kathimerini.com.cy/en/news/the-future-of-finance-five-key-trends-shaping-the-role-of-finance-leaders-by-2026
Finance is no longer just about numbers and budgets. Today’s finance leaders are stepping up as key strategists, using technology and new ways of working to help businesses grow and adapt in an uncertain world....
https://knews.kathimerini.com.cy/en/business/major-mackenzie-venues-escaped-tax-scrutiny-despite-red-flags
The Audit Service has slammed the Tax Department for failing to properly check some of Larnaca’s biggest nightlife and event venues in the Mackenzie area. ...
https://knews.kathimerini.com.cy/en/business/‘cyprus-can-become-a-regional-ai-hub-says-insead-professor
Cyprus has what it takes to become a regional leader in artificial intelligence (AI), but time is running out, says Theodoros Evgeniou, professor of technology and entrepreneurship at INSEAD, one of the world’s top business schools....
https://knews.kathimerini.com.cy/en/business/massive-cybercrime-network-exposed-after-draining-hundreds-of-greek-bank-accounts
Authorities are unraveling what prosecutors call the nation’s most extensive cyberfraud operation, accused of siphoning funds from hundreds of online bank accounts through a sprawling network of coordinated scams....
https://knews.kathimerini.com.cy/en/business/pollution-costs-push-power-prices-over-€200-million
The cost of carbon emissions tied to electricity generation has already surpassed €200 million this year, a figure that continues to climb as carbon prices remain higher than in 2024....
https://knews.kathimerini.com.cy/en/news/cyprus-wants-in-on-gaza-rebuild-local-companies-await-clarity
Cyprus’ plan to get involved in rebuilding the war-torn Gaza Strip is still in its early stages, with the government signaling its intention to include Cypriot companies in the massive international reconstruction effort, but without a concrete framework yet in place....
https://knews.kathimerini.com.cy/en/news/eu-tax-hike-could-make-smoking-a-luxury-greece-pushes-back
Smokers in Europe may soon feel the pinch in their wallets. The European Commission is proposing a massive increase in taxes on cigarettes, roll-your-own tobacco, and even e-cigarettes, and Greece is sounding the alarm....
https://knews.kathimerini.com.cy/en/news/most-prepaid-mobile-users-in-cyprus-have-yet-to-verify-sim-cards
With less than a month remaining before Cyprus’ prepaid SIM card verification deadline, most mobile users have yet to complete the required registration, raising concerns that thousands could lose service....
https://knews.kathimerini.com.cy/en/business/cyprus-joins-eu-s-new-ai-hub-network
Cyprus is officially getting its own Artificial Intelligence Center as part of a new European Commission initiative to boost the bloc’s AI power and make high-tech tools more accessible to everyone, from researchers to small startups....
https://knews.kathimerini.com.cy/en/news/verification-of-payee-vop-the-simple-step-making-payments-safer-across-europe
In today’s world of instant digital payments, speed is everything. But when money moves fast, mistakes can also travel just as quickly....
https://knews.kathimerini.com.cy/en/news/stefan-dobrev-europe-s-diversity-as-a-weapon-for-innovation
Stefan Dobrev, chairman of the European Institute of Innovation and Technology, called for a “new European self-confidence” in the age of artificial intelligence, speaking Thursday at the Digital Agenda 2025 conference under the theme “Beyond AI.”...
https://knews.kathimerini.com.cy/en/news/ai-enters-the-bureaucracy-as-microsoft-co-pilot-rolls-out-in-public-administration
The government has introduced Microsoft Co-pilot, an artificial intelligence tool designed to speed up administrative work and enhance productivity across the public sector....
https://knews.kathimerini.com.cy/en/business/cyprus-banks-join-eurozone-s-instant-transfers
Starting Thursday, October 9, all Eurozone banks, including those in Cyprus, will be required not only to process instant payments but also to verify the recipient’s name and IBAN when executing transfers....
https://knews.kathimerini.com.cy/en/news/leading-minds-in-technology-and-innovation-to-speak-at-digital-agenda-cyprus-summit-2025
The Digital Agenda Cyprus Summit 2025 returns on October 9, under the central theme ''Beyond AI'', exploring how individuals, businesses, and societies can stay competitive in a world increasingly shaped by artificial intelligence....
https://knews.kathimerini.com.cy/en/news/digital-agenda-exploring-the-frontiers-of-innovation
This year’s Digital Agenda theme explores how artificial intelligence has penetrated our lives and how it affects them in both positive and/or negative ways....
https://knews.kathimerini.com.cy/en/business/inside-cyprus-new-power-market-who-s-in-and-how-prices-will-be-set
Cyprus formally opened its competitive electricity market Wednesday, a milestone in the country’s effort to liberalize the energy sector and give consumers more freedom to choose how they buy power....
https://knews.kathimerini.com.cy/en/news/fake-email-tricks-cyprus-firm-into-losing-€37-700
Authorities in Limassol are investigating a case of online fraud in which a company lost more than €37,000 after being misled by a fraudulent email....
https://knews.kathimerini.com.cy/en/news/alpha-stage-at-digital-agenda-2025-showcasing-cyprus-as-a-hub-of-innovation
Cyprus has a story to tell. One of creativity, daring ideas, and a growing ecosystem of innovation. At the Digital Agenda Cyprus Summit 2025, happening on October 9, the Alpha Stage will put the spotlight squarely on the people making it happen....
