https://knews.kathimerini.com.cy/en/business/cyprus-reinstates-abramovich-firm-to-go-after-directors-for-€25m-tax-debt
Cyprus is breathing life back into a defunct company once linked to Russian billionaire Roman Abramovich, not to do business, but to collect what it’s owed....
https://knews.kathimerini.com.cy/en/news/welfare-ministry-fined-for-illegally-recording-conversations-on-cctv
The Commissioner for Personal Data Protection has imposed a €5,000 administrative fine on the Deputy Ministry of Social Welfare after discovering that three surveillance cameras at the ministry’s headquarters had been unlawfully recording audio....
https://knews.kathimerini.com.cy/en/news/jazeera-airways-resumes-direct-flights-between-larnaca-and-kuwait
Jazeera Airways, one of the leading low-cost carriers in the Middle East, announced the resumption of direct flights from Larnaca to Kuwait, which took place on Tuesday, June 17, 2025....
https://knews.kathimerini.com.cy/en/news/fortsafe-launches-its-first-secure-vault-in-paphos-a-new-era-in-private-storage-of-valuables
Fortsafe, the innovative secure storage service, has announced the launch of its first facility in Paphos, located at the Beon active office, 10 Apostolou Pavlou Street, marking a new era in the private safekeeping of documents, personal and sensitive valuable items....
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. ...
https://knews.kathimerini.com.cy/en/news/25th-petrolina-annual-general-meeting
On Thursday, the 19th of June, the 25th Annual General Meeting of the Shareholders of Petrolina (Holdings) Public Limited took place....
https://knews.kathimerini.com.cy/en/business/india-s-drone-power-lands-in-cyprus
Indian business interest in Cyprus is gaining momentum, with drone tech leader Drone Destination planning to set up shop on the island....
https://knews.kathimerini.com.cy/en/business/bollywood-bots-and-big-bucks-as-cyprus-becomes-india-s-new-business-and-movie-hub
In a major boost to Cyprus’s economy and international standing, two Indian companies have officially announced their expansion into the country, with more than 20 others reportedly exploring similar moves....
https://knews.kathimerini.com.cy/en/business/minthis-music-festival-2025-culture-in-full-bloom-in-cyprus
Where nature meets human creativity and Cyprus' highlands stretch out beneath open skies, the Minthis Music Festival is ready to return....
https://knews.kathimerini.com.cy/en/business/maspex-romania-eyes-majority-control-of-cyprus-based-purcari-wineries
Maspex Romania has announced plans to take over Purcari Wineries, the Cyprus-registered winemaker known for its Moldovan heritage and international reach. ...
https://knews.kathimerini.com.cy/en/business/the-cruise-industry-a-catalyst-for-economic-growth
The global cruise industry has emerged as a significant catalyst for tourism development, contributing substantially to local and national economies....
https://knews.kathimerini.com.cy/en/business/new-era-in-vocational-training-lidl-cyprus-invests-in-the-new-generation
Lidl Cyprus is ushering in a new era in vocational education and training with Lidl UP: Learn & Work, an innovative dual education programme, implemented in collaboration with the Future Skills Hub, the Learning Center of the European University Cyprus....
https://knews.kathimerini.com.cy/en/news/skyup-airlines™-celebration-event-for-the-launch-of-flights-between-cyprus-–-moldova-romania-and-poland
A highly successful celebration event was held on June 12 at Larnaca International Airport by SkyUp Airlines™, marking the official launch of direct flights connecting Cyprus with Moldova, Romania and Poland. The event was a great success, gathering guests and media representatives....
https://knews.kathimerini.com.cy/en/business/eac-now-requests-3-hike-sparing-consumers-steeper-7-5-increase
Consumers in Cyprus may soon see a 3% rise in their electricity bills, after the Electricity Authority of Cyprus (EAC) announced Tuesday it will request a modest rate increase from the Cyprus Energy Regulatory Authority (CERA)....
https://knews.kathimerini.com.cy/en/news/ecthr-orders-€18-000-payout-to-cypriot-company-over-famagusta-property-claim
The European Court of Human Rights (ECtHR) has ordered Turkey to pay €18,000 in damages and legal fees to Cypriot company K.V. Mediterranean Tours Ltd., over delays in handling a property claim in the fenced-off area of Famagusta....
https://knews.kathimerini.com.cy/en/business/boc-eyes-bigger-role-in-your-financial-future
Beyond its moves into the insurance sector, Bank of Cyprus is actively exploring additional ways to increase the bank’s overall value. ...
https://knews.kathimerini.com.cy/en/business/texas-based-ai-powerhouse-tenstorrent-expands-to-cyprus
One of the fastest-growing U.S. artificial intelligence companies is looking to set up shop in Cyprus, in a move that could boost the island's ambition to become a tech hub in the Eastern Mediterranean....
https://knews.kathimerini.com.cy/en/news/cyprus-police-unveil-new-armored-vehicle-for-anti-terror-raids-and-rescues
The Cyprus Police Force is upgrading its tactical response capabilities with the addition of a new armored vehicle to its fleet, specifically for the Special Anti-Terrorist Unit (EAO) of MMAD....
https://knews.kathimerini.com.cy/en/news/cyprus-court-lifts-injunction-allows-pentakomo-harbor-construction-to-resume
The Administrative Court of Cyprus has lifted a temporary injunction that had nearly halted construction at Pentakomo Harbor for almost two months, a move allowing work to continue until the final ruling is issued....
https://knews.kathimerini.com.cy/en/news/the-right-time-is-coming-and-it-will-come-soon-vows-greek-foreign-minister-regarding-crete-cyprus-power-link
Greek Foreign Minister Giorgos Gerapetritis reaffirmed Greece’s commitment to the Crete-Cyprus electricity interconnection project, stating that it will proceed as planned and “at the right time,” during a recent interview....
https://knews.kathimerini.com.cy/en/news/shots-fired-at-limassol-offices-police-hunt-motorcycle-shooter
Limassol police are working hard to solve a brazen shooting incident that took place Thursday night in the heart of the city....
https://knews.kathimerini.com.cy/en/news/tornaritis-launches-get-up-movement-politics-but-run-like-a-business
Christoforos Tornaritis has unveiled the first glimpse of his new political movement, ''Get Up,'' which promises to ditch traditional politics in favor of what he calls a more professional, business-style approach to running the country....
https://knews.kathimerini.com.cy/en/business/alpha-bank-sets-sights-on-cyprus-insurer-altius-in-expansion-push
Alpha Bank is in talks to buy Altius Insurance, a Cyprus-based insurance company it already works with to sell insurance products through its branches. While nothing has been finalized yet, sources say discussions have progressed to a potential acquisition....
https://knews.kathimerini.com.cy/en/life/nutella-unveils-first-new-flavor-in-60-years-but-there-s-a-catch
For the first time in its 60-year history, Nutella is mixing things up, literally. The beloved chocolate-hazelnut spread is getting a new twist: Peanut Nutella....
https://knews.kathimerini.com.cy/en/news/cosmos-insurance-organizes-a-voluntary-blood-donation-in-larnaca
As part of its commitment to social responsibility and ongoing contribution to society, COSMOS Insurance is organizing a voluntary blood donation in collaboration with the Larnaca Blood Donation Center...
https://knews.kathimerini.com.cy/en/business/lidl-cyprus-takes-responsibility-for-the-environment
Recognizing that protecting the environment is a responsibility we all share, Lidl Cyprus takes an active role by implementing actions that enhance environmental awareness and contribute meaningfully to addressing the climate crisis....
https://knews.kathimerini.com.cy/en/news/uk-firm-to-conduct-accreditation-inspection-at-ercan-airport
In a televised interview, it was stated that international accreditation procedures for the illegal Ercan (Tymbou) airport are expected to proceed after the Muslim holiday of Eid al-Adha....
https://knews.kathimerini.com.cy/en/news/audit-flags-conflict-of-interest-in-parliament-s-€77-500-furniture-purchase
The architect who recommended a €77,500 furnishing labeled as "artwork" for the House of Representatives also holds a managerial position at the company that supplied the furniture, according to the Audit Service....
https://knews.kathimerini.com.cy/en/news/no-green-light-for-jet-skis-yet-as-ayia-napa-puts-konnos-water-sports-on-hold
Water sports at one of Cyprus’ most popular beaches are on hold, for now. The Ayia Napa Municipality has hit pause on the licensing process for activities in the Konnos Bay area, raising red flags over safety and health concerns....
https://knews.kathimerini.com.cy/en/news/ey-announces-the-appointment-of-4-new-partners-in-cyprus
EY Cyprus is pleased to announce that its leadership team has been strengthened with the addition of four new partners:...
