https://knews.kathimerini.com.cy/en/news/ecb-rate-hike-to-add-€147m-to-greek-banks-as-profits-rise-from-widening-loan-deposit-gap
The European Central Bank’s latest interest rate increase, its first since 2023, is expected to boost bank profitability across the eurozone, including Cyprus, by widening the gap between what banks earn from loans and what they pay out to savers....
https://knews.kathimerini.com.cy/en/news/cyprus-newest-eye-in-the-sky-how-a-space-project-could-change-life-on-the-ground
When most people think of space technology, they imagine rockets, astronauts, and distant planets. But Cyprus’ newest move into the space sector is much closer to home and could one day help firefighters detect disasters faster, farmers use less water, authorities monitor the sea, and scientists better understand the changing climate....
https://knews.kathimerini.com.cy/en/news/ecb-raises-interest-rates-as-expected
Cypriot households with mortgages and loans may soon feel additional pressure on their monthly budgets after the European Central Bank (ECB) decided to raise interest rates by 0.25 percentage points, marking its first rate increase since September 2023....
https://knews.kathimerini.com.cy/en/news/cyprus-greece-warships-train-together-in-offshore-military-exercise
Naval vessels from Cyprus and Greece carried out coordinated drills off the Larnaca and Limassol coastline on Tuesday, as part of the ongoing ''NIKITIS–DIMITRA 2026'' exercise, in a show of military cooperation that is likely to draw public attention across the island....
https://knews.kathimerini.com.cy/en/news/cyprus-tells-europe-our-banks-are-stronger-than-ever
With the aim of improving Cyprus’ image as an international financial center and showcasing the progress made in the banking sector as well as the wider economy, representatives of Cypriot banks traveled to Brussels. ...
https://knews.kathimerini.com.cy/en/news/ai-designed-universal-vaccine-tested-in-humans-for-first-time
Scientists in the UK have tested a new kind of vaccine in people for the first time, and part of it wasn’t designed by humans at all, but by artificial intelligence....
https://knews.kathimerini.com.cy/en/business/more-interest-rate-hikes-on-the-way-hitting-cypriot-borrowers-again
The last time the European Central Bank (ECB) raised interest rates was on September 20, 2023. But all signs suggest that another increase could be coming as early as next week....
https://knews.kathimerini.com.cy/en/business/lidl-cyprus-renews-its-commitment-to-the-environment-responsibility-grows-actions-multiply
With a consistency that characterizes its sustainability strategy, Lidl Cyprus continues to implement actions with a substantial impact, renewing its commitment to the environment and society. This year, the company's successful campaign, with its timeless message "The greater you are, the greater your responsibility" returns to highlight the steady progress and new, enhanced results of its initiatives....
https://knews.kathimerini.com.cy/en/news/building-a-home-in-cyprus-is-getting-more-expensive
Building a home in Cyprus has become noticeably more expensive over the past year, with construction material costs rising sharply and adding fresh pressure on property prices across the island....
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/news/traffic-monitoring-drones-to-take-flight-over-cyprus-motorways
The Department of Public Works has announced a traffic monitoring program that will use drones to gather data along several major motorways in Cyprus over an 11-day period this month....
https://knews.kathimerini.com.cy/en/news/heating-and-cooling-account-for-70-of-household-energy-use-in-cyprus
Heating and cooling make up around 70 per cent of household energy use in Cyprus, according to a report released on Thursday by the European Commission’s Joint Research Centre (JRC), which examined heat pump markets across European Union member states....
https://knews.kathimerini.com.cy/en/news/is-nuclear-power-back-on-the-table-for-cyprus-energy-future
Speaking from the Green Agenda conference stage, former Cyprus Energy Regulatory Authority chairman Andreas Poullikkas outlined the potential for Cyprus to join a growing group of countries exploring small modular reactors (SMRs) as part of their future energy mix....
https://knews.kathimerini.com.cy/en/news/eu-pushes-to-tighten-visa-rules-for-russian-tourists
Ten European Union member states are calling for a tougher visa regime for Russian citizens, urging the European Commission to consider new legislative measures to restrict tourist travel from Russia into the Schengen area....
https://knews.kathimerini.com.cy/en/business/nvidia-vp-sees-ai-as-a-tool-to-help-cyprus-tackle-traffic-water-and-climate-changes
Artificial intelligence has the potential to help tackle some of Cyprus’ biggest challenges, from energy and water management to climate resilience and traffic congestion, according to John Josephakis, Global Vice President of HPC/Supercomputing at NVIDIA....
https://knews.kathimerini.com.cy/en/news/food-poisoning-linked-to-limassol-wedding-leaves-74-ill
Authorities are continuing to examine a large food poisoning outbreak connected to a wedding reception in Limassol after dozens of guests became ill....
https://knews.kathimerini.com.cy/en/news/europe-records-highest-sti-rates-in-more-than-a-decade
Cases of bacterial sexually transmitted infections (STIs) climbed to their highest levels in more than ten years across Europe in 2024, according to newly released figures from the European Centre for Disease Prevention and Control (ECDC)....
https://knews.kathimerini.com.cy/en/news/police-map-48-dangerous-crash-hotspots-across-cyprus
Cyprus police have identified 48 locations across the island where road accidents are happening more frequently, raising fresh concerns about road safety on some of the country’s busiest routes....
https://knews.kathimerini.com.cy/en/business/deloitte-cyprus-is-proud-to-welcome-two-new-partners
Deloitte Cyprus proudly announces the growth of its leadership team with the appointment of two new partners, effective 1 June 2026. Novia Georgiou and Michalis Zinieris have been promoted to Partner in the Audit & Assurance and Technology & Transformation practices, respectively. They both bring significant expertise in their fields, and exemplify the outstanding leadership, integrity, and values that form the foundation of Deloitte....
https://knews.kathimerini.com.cy/en/news/mayonnaise-price-jumps-nearly-10-in-may
Shoppers in Cyprus saw noticeable price increases on everyday supermarket items in the second half of May, with sauces, eggs, dairy products and personal hygiene goods among the most affected categories....
https://knews.kathimerini.com.cy/en/news/women-make-up-majority-of-science-and-technology-workforce-in-cyprus
Women accounted for more than half of all science and technology workers in Cyprus in 2025, according to figures released by Eurostat....
https://knews.kathimerini.com.cy/en/news/cyprus-leads-eu-in-oil-dependence-despite-renewable-energy-surge
Cyprus remains one of the European Union’s most petroleum-dependent countries, according to the latest Eurostat energy data, even though renewable sources now account for almost all domestic energy production....
https://knews.kathimerini.com.cy/en/news/around-3-000-people-in-cyprus-living-with-multiple-sclerosis
Around 3,000 people in Cyprus are living with multiple sclerosis (MS), according to figures presented on Friday as part of events marking World Multiple Sclerosis Day....
https://knews.kathimerini.com.cy/en/news/cyprus-hospitals-see-major-rise-in-patients-while-ghs-expands-in-2024
Cyprus’ healthcare system handled a sharp jump in patients during 2024, with new figures showing more people than ever turning to hospitals, specialists and day-treatment clinics through the General Healthcare System....
https://knews.kathimerini.com.cy/en/business/compliancesuite-ai-launches-new-website-showcasing-unified-compliance-operating-infrastructure-for-regulated-organisations
As regulatory obligations continue to expand across Europe and globally, organisations are facing increasing pressure to strengthen compliance operations while maintaining speed, scalability, and operational efficiency. From AML and KYC obligations to transaction monitoring, KYB verification, sanctions screening, regulatory reporting, and third-party risk management, businesses are seeking more connected and intelligent ways to manage compliance within increasingly complex regulatory environments....
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/from-crisis-response-to-crisis-prevention-the-role-of-recovery-planning
The strongest recovery plans are not designed for the moment a crisis begins, but to prevent it from escalating in the first place. In a period marked by heightened financial volatility, regional geopolitical uncertainty, and continuously evolving regulatory expectations, the need for early preparedness and meaningful resilience is more relevant than ever. For banks, this is where Recovery Planning plays a central role....
https://knews.kathimerini.com.cy/en/news/€24-800-gone-in-minutes-in-new-phone-scam-case
A new online scam has cost a resident €24,800 after fraudsters tricked the victim into handing over access to her bank account, police said on Tuesday....
https://knews.kathimerini.com.cy/en/news/cyprus-to-launch-nationwide-mobile-emergency-alert-system-on-june-2
Cyprus will officially launch the CY-Alert emergency warning system on June 2, giving authorities the ability to send instant alerts directly to mobile phones during dangerous situations such as wildfires or other emergencies....
https://knews.kathimerini.com.cy/en/news/search-for-cyprus-missing-persons-continues-at-eight-active-excavation-sites
The Committee on Missing Persons (CMP) has carried out 26 excavations since the start of 2026, leading to the discovery of two more missing persons, according to Turkish Cypriot CMP member Haki Muftuzade....
