https://knews.kathimerini.com.cy/en/news/the-republic-of-cyprus-is-being-held-hostage-by-its-own-energy-crisis
Energy Minister Michalis Damianos recently advised citizens to remain patient while the Transmission System Operator Cyprus (TSOC) rolls out scheduled blackouts during heatwaves over 40 degrees Celsius. Unsurprisingly, these comments met with anger and outrage....
https://knews.kathimerini.com.cy/en/news/nicosia-and-murcia-partner-in-€2m-digital-twin-cities-project
Nicosia Municipality has become one of the main partners in a European project designed to develop a new generation of connected digital twins for cities, supporting smarter urban planning and the continued digital development of local authorities....
https://knews.kathimerini.com.cy/en/business/israel-launches-fifth-offshore-bidding-round-to-expand-natural-gas-reserves
Israel has launched its fifth offshore bidding round to explore for additional natural gas within its economic waters, an initiative aimed at expanding domestic reserves and securing a larger footprint in the regional export market....
https://knews.kathimerini.com.cy/en/business/cypriot-business-pioneer-nikos-shacolas-passes-away-at-98
Nikos K. Shacolas, one of the most prominent and visionary figures in the Cypriot business community, has passed away at the age of 98. His death was announced on Thursday morning by the CTC Group, the conglomerate he founded and led for decades....
https://knews.kathimerini.com.cy/en/news/state-of-law-or-state-of-the-internet-anastasiades-rejects-corruption-findings-and-calls-for-criminal-probe
Former President Nicos Anastasiades strongly criticized the Independent Authority Against Corruption during a press conference where he responded to the findings of the Mafia State report....
https://knews.kathimerini.com.cy/en/life/cyprus-s-new-archaeological-museum-takes-shape
A massive new archaeological museum under construction is being described as one of the most ambitious cultural infrastructure projects ever undertaken in Cyprus, with developers saying it will reshape how the island presents its history to the world....
https://knews.kathimerini.com.cy/en/business/in-cyprus-on-budget-is-the-exception-not-the-rule
In Cyprus, the doubling of the cost to complete the Paphos–Polis Chrysochous road is being seen by analysts as less of an exception and more like the rule in a public works system under strain....
https://knews.kathimerini.com.cy/en/business/four-heavyweights-battle-for-paphos-marina-megaproject
Four investors have officially thrown their hats into the ring for the long-awaited Paphos marina, a project the government hopes will finally turn the Potima area of Kissonerga into a major yachting hub in the eastern Mediterranean....
https://knews.kathimerini.com.cy/en/news/billions-in-gas-years-of-waiting-americans-back-on
2026 is shaping up as a pivotal year for the Republic of Cyprus’ energy program, with developments related both to hydrocarbon deposits in Cyprus’ Exclusive Economic Zone (EEZ) and to the broader energy picture in the Eastern Mediterranean beginning to take concrete shape as planning moves forward....
https://knews.kathimerini.com.cy/en/business/middle-east-consortium-eyes-cyprus-tech-hub
A consortium of companies from Saudi Arabia, Jordan, and the United Arab Emirates has submitted a bid to develop Cyprus’s Pentedakomo Science and Technology Park, signaling strong international interest in the island’s tech and innovation sector....
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/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/news/cyprus-tweaks-gas-deal-to-speed-exports-to-egypt
Cyprus and Egypt are taking steps to streamline the export of Cypriot natural gas, officials said Friday, as the two countries look to deepen energy ties amid the island’s EU Council Presidency....
https://knews.kathimerini.com.cy/en/news/trust-esg-consortium-holds-strategic-workshop-at-frederick-university-to-advance-ai-driven-esg-innovations
The TRUST-ESG consortium convened for a key project workshop at Frederick University, gathering representatives from Infocredit Group (ICG), Frederick Research Center (FRC), and the Cyprus University of Technology (CUT)....
https://knews.kathimerini.com.cy/en/business/old-money-meets-new-as-nine-european-banks-back-euro-stablecoin-despite-ecb-fears
Europe’s biggest banks are dipping their toes into crypto waters. Nine major lenders, including ING, UniCredit and DekaBank, are banding together to launch a euro-backed stablecoin later this year, even as the European Central Bank warns such digital tokens could shake financial stability....
https://knews.kathimerini.com.cy/en/business/eu-wants-€67-million-back-from-cyprus-gas-project-sparking-political-fight
A multibillion-euro project meant to bring natural gas to Cyprus has been thrown into turmoil, after the European Commission demanded the return of €67 million in funding over alleged irregularities in how the contract was awarded. ...
https://knews.kathimerini.com.cy/en/business/pentakomo-tech-park-attracts-global-investors
The long-discussed Pentakomo Technology Park project is finally showing signs of serious progress, with both Cypriot and foreign investors expressing concrete interest, officials say....
https://knews.kathimerini.com.cy/en/news/cyprus-roads-get-a-makeover
Cyprus is moving forward with several major road projects aimed at making travel easier, safer, and faster while also supporting local development....
https://knews.kathimerini.com.cy/en/business/cyprus-airports-set-for-€170m-makeover-as-passenger-growth-soars
Cyprus is gearing up for a major transformation of its two main airports, as Hermes Airports Chairman Christophe Petit outlines a €170 million overhaul set to modernize and expand Larnaka and Pafos terminals. ...
https://knews.kathimerini.com.cy/en/business/vasilikos-scandal-bank-accounts-under-scrutiny-in-eu-probe
Cyprus' political parties are voicing strong support for the examination of bank accounts linked to the failed Vasilikos LNG terminal as part of an ongoing investigation by the European Public Prosecutor’s Office (EPPO). ...
https://knews.kathimerini.com.cy/en/business/‘pegasus-1-reveals-350-meter-column-of-natural-gas
President Nikos Christodoulides was briefed Monday on a new natural gas discovery in the Republic of Cyprus’ Exclusive Economic Zone (EEZ), following a videoconference with ExxonMobil Vice President John Ardill....
https://knews.kathimerini.com.cy/en/news/the-life-pharma-detox-system-offers-solutions-to-pharmaceutical-pollution
Medochemie is taking a leading role in addressing one of the most pressing environmental challenges currently faced by the pharmaceutical industry: the management and reduction of pharmaceutical pollution....
https://knews.kathimerini.com.cy/en/business/america-wants-greece-s-ports-and-china-out
A quiet tug-of-war is playing out in Greece, one that could reshape global trade routes and shift the balance of power in the Mediterranean....
https://knews.kathimerini.com.cy/en/news/two-major-roads-near-completion-set-to-transform-travel-across-cyprus
Two key road projects are nearing completion in Cyprus and are expected to significantly improve transport links and everyday life for citizens, especially in rural and mountainous areas. ...
https://knews.kathimerini.com.cy/en/news/cyprus-gets-back-on-track-with-three-stalled-mega-projects
After months of setbacks and stalled progress, three of Cyprus’ biggest public works projects are getting a fresh start. ...
https://knews.kathimerini.com.cy/en/news/cyprus-restarts-gas-project-with-european-aid-and-floating-giant-prometheus
Cyprus is gearing up to revive its biggest energy project, the long-delayed natural gas terminal at Vasilikos, after a rocky period following the exit of a Chinese consortium that had taken the lead. ...
https://knews.kathimerini.com.cy/en/news/public-works-denies-bus-shelter-scandal-as-auditor-general-probes-€61m-project
The Department of Public Works has firmly denied allegations of a scandal surrounding the ongoing €61.6 million national bus shelter upgrade project, following accusations raised by AKEL MP Kostas Kosta during a heated session of the Parliamentary Transport Committee....
https://knews.kathimerini.com.cy/en/news/paphos-airport-gears-up-for-new-vip-terminal
Soon, passengers flying through Paphos Airport will be able to enjoy a touch of luxury before takeoff, thanks to a brand-new VIP terminal that’s set to open by the end of 2025....
https://knews.kathimerini.com.cy/en/news/nicosia-s-old-gsp-transformed-into-urban-park-ready-for-public-use
The long-awaited redevelopment of the old GSP site is nearly complete and is set to be handed over to the Nicosia Municipality in March.
...
https://knews.kathimerini.com.cy/en/news/cyprus-strikes-energy-deals-but-‘aphrodite-gas-delayed-until-2031
Last Friday marked the conclusion of long-running negotiations between the Republic of Cyprus and the consortium developing the Aphrodite gas field, led by U.S. energy giant Chevron. ...
