https://knews.kathimerini.com.cy/en/news/new-home-sales-tumble-as-buyers-look-below-€300-000
Cyprus’ property market lost considerable ground in the second quarter of the year, with recorded sales of new-build apartments and houses falling by 42.2% and their total value dropping by 46.6%....
https://knews.kathimerini.com.cy/en/news/banks-in-the-occupied-areas-combine-high-growth-with-serious-risks
Recent regulatory shifts and reduced state reliance have reshaped the banking system in the occupied areas, though inflation topping 30% continues to drive major financial pressures....
https://knews.kathimerini.com.cy/en/business/the-rising-and-falling-cost-of-everyday-essentials
An uneven picture has emerged on supermarket shelves since the beginning of the year, with some products recording increases of up to 30%, while other basic products have become cheaper. ...
https://knews.kathimerini.com.cy/en/news/cyprus-has-already-seized-more-cocaine-this-year-than-in-all-of-2025
With five months still left in the year, Cyprus police have already seized more cocaine than they did during all of 2025, along with a dramatic rise in hashish and a new opioid trend involving 60 kilos of poppy stalks....
https://knews.kathimerini.com.cy/en/news/cyprus-strikes-gold-judoka-yiannis-antoniou-makes-commonwealth-games-history
For a country of just over a million people, every international gold medal feels a little bigger. On Saturday, Cyprus had another reason to celebrate after judoka Yiannis Antoniou made history by winning the country's first-ever Commonwealth Games judo gold....
https://knews.kathimerini.com.cy/en/business/crypto-firms-face-tougher-rules-with-mica-taking-full-effect-in-cyprus
The end of the transition period brings stricter oversight of anti-money laundering compliance, customer protection, and the operations of crypto service providers....
https://knews.kathimerini.com.cy/en/news/blessing-ceremony-marks-the-official-launch-of-hadassah-medical-center-limassol
A new era in healthcare delivery in Cyprus was marked by the Blessing Ceremony of Hadassah Medical Center Limassol, the first official center of the historic Hadassah Medical Organization in Europe outside Israel. The event represented a significant milestone both for the project itself and for the continuously growing cooperation between Cyprus and Israel in the field of healthcare....
https://knews.kathimerini.com.cy/en/news/applications-open-for-2026-residential-solar-water-heating-grant
Homeowners can now apply for government grants to install or replace solar water heating systems under the 2026 Residential Solar Water Heating Systems Grant Scheme, with funding available until 2,000 applications have been submitted across its two categories....
https://knews.kathimerini.com.cy/en/business/coral-cyprus-and-shell-service-stations-support-natasa-lappa-on-her-journey-to-los-angeles-2028
Coral Cyprus (Shell Licensee), the company that operates the network of Shell-branded service stations in Cyprus, will support Cypriot windsurfer Natasa Lappa on her journey towards the Los Angeles 2028 Olympic Games....
https://knews.kathimerini.com.cy/en/news/new-bidding-system-reshapes-turkish-cypriot-property-management
A new chapter in the management of Turkish Cypriot properties has begun with the implementation of the reform introducing competitive bidding procedures, which has been in progress since last February. In her interview with "K", the Director of the Service, Anthi Lakkotrypi, described it as a major reform....
https://knews.kathimerini.com.cy/en/news/should-trucks-be-banned-from-highways-during-rush-hour-expert-says-it-s-time-to-rethink-the-rules
Anyone who has been stuck in Cyprus traffic knows the frustration: you’re trying to get to work, drop the kids off at school, or make an appointment, and suddenly everything comes to a standstill....
https://knews.kathimerini.com.cy/en/business/cyprus-environmental-tax-revenue-reaches-€718-7-million
Environmental tax revenue in Cyprus reached €718.72 million in 2024, according to new figures released by Eurostat, as environmental tax receipts across the European Union increased to a record €371.9 billion....
https://knews.kathimerini.com.cy/en/news/cyprus-households-can-get-up-to-€900-to-replace-old-solar-water-heaters
Cyprus households will soon have another incentive to reduce their energy costs, with the government approving a new subsidy scheme offering up to €900 for the installation or replacement of solar hot water systems....
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-executives-recognized-among-emea-s-top-performers
The Bank of Cyprus has received several distinctions in Extel’s annual survey of management teams of listed companies in the EMEA region, with the group's executive director of financial management, Eliza Livadiotou, securing first place in the Best CFO category based on votes from sell-side analysts....
https://knews.kathimerini.com.cy/en/news/new-raf-helicopters-arrive-at-akrotiri
Three new Airbus H145 Jupiter HC Mk2 helicopters are being introduced at RAF Akrotiri, with the first aircraft completing its maiden flight from the Cyprus base this week....
https://knews.kathimerini.com.cy/en/business/extel-strong-vote-of-confidence-for-bank-of-cyprus-from-the-international-investment-community
Bank of Cyprus has received a prestigious and highly significant distinction, being named a “Most Honored Company” in Extel’s internationally renowned annual survey....
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/minthis-music-festival-2026-announces-porsche-cyprus-as-main-sponsor-in-strategic-lifestyle-partnership
Minthis Music Festival 2026 is proud to announce Porsche Cyprus as its main event sponsor, marking the beginning of a strategic lifestyle partnership between two brands that share a commitment to exceptional quality, innovation, and memorable experiences....
https://knews.kathimerini.com.cy/en/news/temu-and-shein-orders-in-cyprus-to-cost-more-under-new-customs-fees
Online shopping from popular platforms like Temu and Shein is set to get a bit more expensive for Cyprus consumers after the Customs Department clarified new rules affecting parcels coming from outside the European Union....
https://knews.kathimerini.com.cy/en/news/cypriots-feel-slightly-better-off-financially-but-many-still-struggle-to-make-ends-meet
Cypriots are feeling slightly more financially secure than they did a year ago, but rising living costs, money worries and concerns about retirement continue to weigh heavily on many households, according to a new nationwide survey....
https://knews.kathimerini.com.cy/en/news/cyprus-internet-users-report-high-exposure-to-hostile-online-content
Nearly four in ten internet users in Cyprus reported seeing hostile or degrading online content during the past three months, according to new figures released by Eurostat....
https://knews.kathimerini.com.cy/en/news/education-costs-in-cyprus-are-at-137-5-of-the-eu-average
Cyprus continues to sit slightly below the European Union average in overall price levels, but some everyday costs, especially education, are telling a very different story, according to new Eurostat figures for 2025....
https://knews.kathimerini.com.cy/en/news/christodoulides-says-cyprus-talks-should-build-on-common-ground-not-start-from-scratch
Almost a decade after Crans-Montana, the Cyprus issue appears to be returning to the center of political developments. Whether this activity will lead to meaningful progress or simply add another chapter to a long history of unmet expectations remains the key question....
https://knews.kathimerini.com.cy/en/news/four-including-two-businessmen-arrested-in-larnaca-and-nicosia-for-extortion-fraud
Four people have been arrested in Cyprus as police investigate what they describe as a wide-ranging case involving alleged organized crime, extortion, fraud and weapons offenses spanning several years....
https://knews.kathimerini.com.cy/en/business/1-holiday-rental-prices-in-cyprus-rise-as-summer-demand-peaks
Cyprus’ short-term rental market is showing strong performance, with demand peaking this July and prices surging during the summer season....
https://knews.kathimerini.com.cy/en/business/good-news-for-tourism-uk-and-us-ease-travel-advisories-for-cyprus
The summer season is getting off to an encouraging start for Cyprus' tourism industry, which has faced growing uncertainty in recent months due to the crisis and geopolitical tensions in the Middle East....
https://knews.kathimerini.com.cy/en/news/cyprus-secures-access-to-€1-18-billion-in-eu-defense-funding
EU Defense Commissioner Andrius Kubilius announced on Monday that the European Commission and Cyprus have completed the signing of a €1.18 billion loan agreement under the SAFE program, a key component of the EU's broader effort to strengthen its defense capabilities....
https://knews.kathimerini.com.cy/en/news/us-puts-cyprus-back-in-safest-travel-category
The United States has lowered its travel advisory for Cyprus to Level 1, the lowest risk category in its travel warning system, marking a return to normal after months of heightened concern linked to regional instability in the Middle East.
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https://knews.kathimerini.com.cy/en/news/lucky-ticket-in-pano-deftera-wins-over-€11-6-million-in-joker-draw
A single Joker ticket purchased in the village of Pano Deftera in the Nicosia district has turned into a life-changing win of €11,653,128.87 following Sunday night’s draw on 17 May 2026....
https://knews.kathimerini.com.cy/en/business/cyprus-shipping-booms-as-industry-hts-25-year-high
Cyprus’ shipping industry is reaching new highs, with the country strengthening its position as one of the world’s major maritime hubs at a time when global trade and regional instability continue reshaping international shipping routes....
