https://knews.kathimerini.com.cy/en/business/jumbo-eyes-turkey-as-next-step-in-international-expansion
Jumbo, the Greek retail giant best known for its bargain-priced toys and household goods, is quietly eyeing a move into Turkey, a step that would mark one of its most ambitious expansions yet....
https://knews.kathimerini.com.cy/en/news/wednesday-february-4th- breathe-easy-because-the-dust-is-gone-and-the-sky-is-blue
Today is the day to open the windows. The weather will be mostly clear, letting that February sun do its work....
https://knews.kathimerini.com.cy/en/news/kedipes-seals-€361m-loan-management-deal-with-themis
KEDIPES has signed a new deal to manage a loan portfolio worth €361 million, teaming up once again with Themis Portfolio Management....
https://knews.kathimerini.com.cy/en/news/elon-musk-takes-ai-to-space-merges-xai-with-spacex
Elon Musk is combining two of his biggest private ventures in a move that could reshape the future of artificial intelligence and put it literally out of this world....
https://knews.kathimerini.com.cy/en/news/cyprus-customs-crack-down-on-fake-condoms-24-000-confiscated
Customs officers have pulled the plug on thousands of counterfeit condoms in Famagusta, seizing more than 24,000 knockoffs from a warehouse and a local store....
https://knews.kathimerini.com.cy/en/news/brussels-meps-cashing-in-on-side-jobs-but-few-report-it
Several members of the European Parliament have come under scrutiny for failing to fully disclose income from outside jobs, raising questions about transparency and accountability in Brussels....
https://knews.kathimerini.com.cy/en/news/high-electricity-bills-aren-t-going-anywhere-in-2026
Uncertainty surrounding Cyprus’ biggest energy projects is expected to persist through 2026, as delays at the liquefied natural gas terminal in Vasiliko and mounting complications with the electricity interconnector leave little room for optimism....
https://knews.kathimerini.com.cy/en/business/two-year-it-project-at-housing-finance-corporation-drags-on-for-eight-years
A long-delayed technology project at the Housing Finance Corporation (HFC) has resulted in significant additional costs and prolonged dependence on external systems, according to findings presented by the Audit Office to Parliament’s Audit Committee....
https://knews.kathimerini.com.cy/en/news/tragic-workplace-accident-claims-life-of-55-year-old-worker-in-kofinou
A 55-year-old Romanian worker was killed Friday afternoon in a workplace accident in a rural area of Kofinou while unloading heavy concrete counterweights from a truck, authorities said...
https://knews.kathimerini.com.cy/en/business/cyprus-enters-the-ai-big-league-with-nvidia-partnership
The Cypriot government is moving ahead at full speed with its strategic partnership with U.S. tech giant NVIDIA as part of a broader effort to upgrade the country’s national infrastructure through the installation of a supercomputer scheduled to go live in June 2026....
https://knews.kathimerini.com.cy/en/news/we-can-t-pay-this-farmers-hit-with-water-bills-going-back-ten-years
Farmers across Cyprus say they’ve been hit with shocking water bills going back nearly ten years, and they warn the sudden charges could put them out of business....
https://knews.kathimerini.com.cy/en/business/with-the-support-of-lidl-cyprus-the-5th-mind-reset-showcased-children-s-green-ideas
The mind REset educational environmental program of Junior Achievement Cyprus, with Lidl Cyprus as its strategic partner, once again implemented the Trade Fair, inviting the public to visit Metropolis Mall in Larnaca and witness firsthand the student teams that transformed creativity into solutions with social and environmental impact....
https://knews.kathimerini.com.cy/en/news/paphos-xeros-and-dhiarizos-valleys-could-soon-join-the-unesco-biosphere-reserve-network
Efforts are underway to advance the inclusion of the Xeros and Dhiarizos river valleys in UNESCO’s World Network of Biosphere Reserves, with a series of community-focused meetings recently held in Paphos District....
https://knews.kathimerini.com.cy/en/business/cyprus-becomes-india-s-gateway-to-europe-as-landmark-trade-deal-takes-effect
A fresh momentum is taking hold in Cyprus-India commercial relations, thanks to the free trade agreement recently finalized between the European Union and India. The deal promises lower tariffs on European products and smoother access to the vast Indian market....
https://knews.kathimerini.com.cy/en/news/protected-forests-questionable-leases-and-lost-millions
A string of inconsistencies in how state-owned forest land is leased and managed has been uncovered by the Auditor General of the Republic of Cyprus, raising fresh questions about oversight, environmental protection, and lost public revenue....
https://knews.kathimerini.com.cy/en/business/what-you-need-to-know-about-employer-tax-obligations-for-2024
The final date for submitting the annual employer withholding return for 2024 remains 31 March 2026, according to the Cyprus Tax Department....
https://knews.kathimerini.com.cy/en/news/businessmen-and-alleged-gang-members-arrested-in-larnaca-organized-crime-sweep
Police launched a sweeping, coordinated crackdown on suspected organized crime in Larnaca this week, arresting more than a dozen people following a gunfire incident and violent altercation that unfolded just meters from the city’s police headquarters....
https://knews.kathimerini.com.cy/en/news/cyprus-enters-the-international-pilot-training-map-with-new-aviation-academy
Wizz Air has officially launched its Pilot Academy in Cyprus, opening a new pathway for aspiring pilots on the island to enter the aviation industry. ...
https://knews.kathimerini.com.cy/en/news/lidl-cyprus-presents-its-new-socioeconomic-impact-assessment-for-2024
Lidl Cyprus publishes this year's socioeconomic impact assessment, confirming its commitment to responsible entrepreneurship and creating substantial value for the Cypriot economy and society for yet another year....
https://knews.kathimerini.com.cy/en/news/petrolina-race-sponsor-of-the-petrolina-10km-energy-race-at-the-bank-of-cyprus-nicosia-marathon
Demonstrating its long-standing commitment to supporting sport, Petrolina participated in the Bank of Cyprus Nicosia Marathon for the first time. The event took place on Sunday, 18 January 2026, with Petrolina sponsoring the ‘Petrolina 10km Energy Race’....
https://knews.kathimerini.com.cy/en/news/ceo-confidence-in-revenue-outlook-hits-five-year-low-–-as-ai-becomes-a-defining-divide-between-leaders-and-laggards-pwc-2026-global-ceo-survey
CEO confidence in their company’s revenue prospects has fallen to its lowest level in five years, as business leaders grapple with uneven returns from artificial intelligence, rising geopolitical risk, and intensifying cyber threats....
https://knews.kathimerini.com.cy/en/business/lidl-cyprus-strengthens-its-long-standing-social-contribution-a-new-film-highlights-its-support-initiatives-in-health-children-and-vulnerable-groups
Lidl Cyprus has long invested in initiatives with a significant social impact, supporting healthcare structures, children and vulnerable groups, with the aim of creating real value for society....
https://knews.kathimerini.com.cy/en/business/square-one-launches-500-new-homes-in-2026
Square One is entering a defining chapter in its growth....
https://knews.kathimerini.com.cy/en/news/amateur-blunders-at-the-top-as-high-ranking-officials-fail-the-test
While investigations continue into the footage that triggered two resignations at the Presidential Palace, attention is turning to the methodical approach of those behind the incredible story and how they managed to achieve their shocking outcome....
https://knews.kathimerini.com.cy/en/news/gesy-system-disruptions-under-scrutiny-in-high-level-health-ministry-meeting
A high-level meeting was convened this week to address mounting concerns over ongoing disruptions to the Information System of Cyprus’s General Healthcare System (GeSY)....
https://knews.kathimerini.com.cy/en/business/lidl-cyprus-is-recognised-as-a-top-employer-for-the-9th-consecutive-year
Nine consecutive years with Top Employer status for Lidl Cyprus. A path built on consistency, stability and daily choices that place people at the centre....
https://knews.kathimerini.com.cy/en/news/amazon-team-in-cyprus-exploring-big-tech-and-satellite-internet-projects
A delegation from tech giant Amazon has been in Cyprus with an ambitious work plan, exploring the development of multiple projects in the fields of technology and digital infrastructure....
https://knews.kathimerini.com.cy/en/business/kition-ocean-plots-comeback-for-larnaca-port-mega-project
Nineteen months after the termination of the contract, and while procedures are under way for construction works on the redevelopment of the Larnaca marina and port to begin, the Kition Ocean Holdings consortium is attempting to return to the project....
https://knews.kathimerini.com.cy/en/business/constantinos-savvidis-named-ceo-of-bbf
Constantinos Savvidis announced his appointment as CEO of bbf: in a LinkedIn post, officially assuming his new role on January 1, 2026....
https://knews.kathimerini.com.cy/en/business/turkey-courts-u-s-oil-giant-as-it-eyes-disputed-waters-around-cyprus
Turkey has brought a major U.S. energy player into the Eastern Mediterranean energy race, and that’s setting off alarm bells in Cyprus....
