https://knews.kathimerini.com.cy/en/news/government-unveils-comprehensive-aid-package-for-limassol-fire-victims-cash-payments-rent-subsidies-and-full-damage-restoratio
Regarding the support and payment of financial aid to citizens affected by the fires in communities of the Limassol District, and following the announcement of the President of the Republic last Sunday, the Council of Ministers decided today on the following measures....
https://knews.kathimerini.com.cy/en/news/university-of-nicosia-school-of-business-receives-aacsb-international-accreditation
The University of Nicosia proudly announces that its School of Business has secured accreditation from the internationally recognised Association to Advance Collegiate Schools of Business (AACSB) International, following a lengthy and demanding evaluation process....
https://knews.kathimerini.com.cy/en/business/audit-office-warns-of-€3-1-billion-in-delayed-tax-revenues-warns-of-non-collection-risk
The Audit Office has raised concerns over €3.1 billion in delayed tax revenues owed to the state, warning that around €1.4 billion may never be collected....
https://knews.kathimerini.com.cy/en/business/skip-truck-drivers-sound-the-alarm-help-us-or-everyone-pays
Skip Truck Drivers Sound the Alarm: “We’re Being Pushed Out”
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https://knews.kathimerini.com.cy/en/news/court-says-no-to-medical-release-of-israeli-developer-accused-in-land-scam
A Cypriot court on Monday rejected a request to release Israeli businessman Shimon Aykut from custody, ruling that local medical services are sufficient to address his health concerns....
https://knews.kathimerini.com.cy/en/news/we-failed-president-apologizes-over-wildfire-response-announces-12-relief-measures
President Nikos Christodoulides has announced a 12-point relief package to support residents affected by the deadly wildfire that tore through mountainous villages in the Limassol district, claiming two lives and leaving a trail of destruction....
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/government-cuts-out-locals-in-€35m-energy-deal-ahead-of-electricity-market-opening
Just months before Cyprus opens up its electricity market to real competition, a government decision to hand a €35 million energy storage project to the state has sparked a fierce backlash from private investors, many of whom have been stuck in limbo for years....
https://knews.kathimerini.com.cy/en/business/cyprus-businesses-brace-as-eu-plans-tariff-fight-with-u-s
The European Union is getting ready to slap tariffs on more than $100 billion worth of American goods, including planes, cars, bourbon and even medical devices, if trade talks with Donald Trump fall apart. But for now, Brussels says it’s hoping cooler heads will prevail....
https://knews.kathimerini.com.cy/en/news/pwc-cyprus-celebrating-international-investment-and-the-momentum-it-brings-at-the-13th-invest-cyprus-international-investment-awards
The 13th Invest Cyprus International Investment Awards were held on Wednesday, July 9, 2025, reaffirming Cyprus’ position as a regional hub for international business and recognising distinguished foreign investors who continue to place their trust in the country....
https://knews.kathimerini.com.cy/en/business/novardia-credit-insurance-brokers-ltd-launches-as-cyprus-based-specialist-in-credit-insurance
A new, Cyprus-based insurance brokerage company specializing exclusively in credit insurance has been established....
https://knews.kathimerini.com.cy/en/news/using-hose-for-cleaning-now-a-criminal-offense-under-new-water-saving-law
Washing walls, windows or private boats with a hose is now a criminal offense under an amended water-saving law passed by Parliament on July 10....
https://knews.kathimerini.com.cy/en/business/deposit-rates-fall-for-households-and-businesses-while-mortgage-rates-climb
Average interest rates on deposits from households and businesses in Cyprus declined in May compared to April, while average mortgage rates edged higher, according to data released Thursday by the Central Bank of Cyprus....
https://knews.kathimerini.com.cy/en/out-about/united-street-festival-brings-music-art-and-summer-vibes-to-the-heart-of-nicosia
The city’s main square is coming alive this week as the United Street Festival returns for its second edition, turning Eleftheria Square into a buzzing hub of music, art, food, and creative energy....
https://knews.kathimerini.com.cy/en/news/eac-expands-smart-meter-installation-across-cyprus
The Electricity Authority of Cyprus (EAC) announced that beginning Wednesday, July 9, it will continue its large-scale rollout of smart electricity meters across several regions of the island, a move aimed at modernizing the country’s power grid....
https://knews.kathimerini.com.cy/en/comment/opinion/tourism-revenue-soars-but-cyprus-still-serves-up-too-much-junk-on-the-plate
According to the latest Traveller Survey, Cyprus brought in €304.2 million in tourism revenue this April, marking a 39.9% increase compared to April 2024, when revenue stood at €217.4 million....
https://knews.kathimerini.com.cy/en/news/millions-in-cyprus-pollution-fees-diverted-from-green-goals-critics-say
Cyprus has collected hundreds of millions of euros in pollution fees over recent years, costs passed on to electricity consumers, yet much of that revenue is not being directed toward climate or clean energy projects as mandated by the European Union, raising concerns among environmental experts....
https://knews.kathimerini.com.cy/en/business/cyprus-hits-highest-power-use-of-the-year-and-it-s-still-climbing
Electricity use across Cyprus hit a new high for this year during the lunchtime hours on Monday, as homes and businesses cranked up air conditioning to cope with the summer heat....
https://knews.kathimerini.com.cy/en/business/cyprus-family-businesses-are-struggling-to-survive-experts-warn
Family-owned businesses, long considered the heart of the Cypriot economy, are facing a crisis of survival, with most unable to pass the baton to the next generation, according to business expert Evi Sereti of PwC Cyprus....
https://knews.kathimerini.com.cy/en/business/health-ministry-cracks-down-on-illegal-botox-dysport-found-in-clinics-and-salons
The Ministry of Health has issued a stark warning after unauthorized Botox and Dysport products were discovered at beauty salons and medical clinics across Cyprus....
https://knews.kathimerini.com.cy/en/news/paralimni-scraps-car-free-plan-goes-for-a-greener-smarter-town-center
Big changes are coming to the heart of Paralimni, just not the kind originally planned....
https://knews.kathimerini.com.cy/en/news/scandal-deepens-in-socialite-crime-ring-case-as-family-returns-to-court
The scandal surrounding a 37-year-old businesswoman and socialite at the center of a suspected organized crime ring in Cyprus took a darker turn this week, with her parents and brother once again brought before the Nicosia District Court....
https://knews.kathimerini.com.cy/en/business/cypriot-businesses-go-greener-as-hundreds-certified-in-nationwide-esg-initiative
Nearly 1,000 Cypriot businesses have joined a nationwide push toward sustainability, with two-thirds already certified under Environmental, Social, and Governance (ESG) standards, marking the first-year results of a collaborative interbank initiative aimed at promoting responsible business practices....
https://knews.kathimerini.com.cy/en/business/protect-cypriot-businesses-before-they-re-bought-out-chamber-chief-warns
The head of the Cyprus Chamber of Commerce and Industry (CCCI) is urging action to protect local businesses from being swallowed up by foreign interests, calling for targeted tax reforms and incentives to encourage homegrown mergers....
https://knews.kathimerini.com.cy/en/business/cyprus-backs-young-entrepreneurs-with-€50m-boost
Cyprus is betting on young entrepreneurs to drive the country’s economic growth, with over €10 million already distributed in grants under a national plan expected to create more than 2,000 jobs by 2027....
https://knews.kathimerini.com.cy/en/business/1-freedom-holding-corp-reports-23-revenue-growth-for-fy2025-driven-by-strong-performance-across-brokerage-and-insurance-segments
Freedom Holding Corp. (FRHC), a diversified financial services firm and the founder of Freedom24, has announced its financial results for the fiscal year ended 31 March 2025. ...
https://knews.kathimerini.com.cy/en/news/cyprus-opens-electricity-market-to-competition-on-october-1st
Cyprus is preparing to open its long-awaited competitive electricity market, with officials hopeful the move will finally bring down energy costs for households and businesses....
https://knews.kathimerini.com.cy/en/business/brainrocket-becomes-a-donor-of-techisland
TechIsland is proud to announce that BrainRocket, a global company creating innovative end-to-end tech products, has joined as one of the association’s esteemed Donors....
https://knews.kathimerini.com.cy/en/news/farmers-call-for-presidential-intervention-claiming-water-allocated-to-golf-courses-instead-of-farms
Banana growers and farmers in Paphos held a protest Saturday morning, demanding the delivery of water promised by the Water Development Department. ...
https://knews.kathimerini.com.cy/en/news/freedom-holding-corp-reports-23-revenue-growth-for-fy2025-driven-by-strong-performance-across-brokerage-and-insurance-segments
Freedom Holding Corp. (FRHC), a diversified financial services firm and the founder of Freedom24, has announced its financial results for the fiscal year ended 31 March 2025. ...
