https://knews.kathimerini.com.cy/en/business/global-vc-investment-rises-in-q1-25-on-back-of-record-setting-$40-billion-open-ai-deal-according-to-kpmg-s-venture-pulse
Global VC investment surged from $118.7 billion in Q4’24 to an eleven-quarter high of $126.3 billion in Q1’25, despite ongoing geopolitical conflicts and tensions, continued concerns about global trade and tariffs, and the delay of a major reopening in the IPO market....
https://knews.kathimerini.com.cy/en/news/fake-travel-agent-busted-in-€160k-euroleague-ticket-scam
A 38-year-old woman is behind bars after allegedly swindling more than €160,000 from at least 50 people in a bogus ticket and travel scheme tied to the EuroLeague Final Four basketball tournament in Abu Dhabi....
https://knews.kathimerini.com.cy/en/news/eu-to-welcome-turkey-into-defense-programs-despite-greek-cypriot-opposition
Despite strong objections from Greece and Cyprus, the European Union is moving forward with plans to involve Turkey in new European defense programs...
https://knews.kathimerini.com.cy/en/business/apartments-take-the-lead-in-cyprus-property-market-boom
Apartments were the standout performers in Cyprus' real estate market in 2024, taking the lead in both sales volume and overall value, according to a detailed analysis by Landbank Analytics....
https://knews.kathimerini.com.cy/en/news/education-ministry-slammed-for-millions-spent-and-cut-corners-in-dodgy-deals
A deep dive by Cyprus’ Auditor General has uncovered a troubling pattern in how the Ministry of Education, Sport and Youth has been handling public project contracts, and the red flags go back nearly a decade....
https://knews.kathimerini.com.cy/en/news/nicosia-nabs-top-spot-in-cyprus-s-priciest-property-sales-for-march
Nicosia topped the charts in March with the most expensive property sale in Cyprus, a whopping €29.3 million office transaction in the central district of Agioi Omologites, according to property data firm Ask Wire....
https://knews.kathimerini.com.cy/en/news/jumbo-eyes-larnaca-and-protaras-for-future-expansion-but-no-timeline-yet
Retail giant Jumbo has confirmed its interest in opening two new stores in Cyprus, one in Larnaca and another in Protaras, but clarified that there’s no set plan or timeframe at this stage. ...
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/business/european-hoteliers-take-on-booking-com-over-high-commissions
Hoteliers across Europe are once again taking aim at Booking.com, accusing the popular online platform of exploiting its dominant position in the market....
https://knews.kathimerini.com.cy/en/news/banks-extend-protection-for-stranded-property-buyers-until-july-2025
Stranded property buyers have been given a fresh lifeline, as Cyprus’ banks have agreed to extend the freeze on property sales and repossessions until the end of July 2025....
https://knews.kathimerini.com.cy/en/business/ancoria-bank-shifts-to-cypriot-hands-in-major-shake-up
Banking changes in Cyprus are rolling full steam ahead in 2025, with Ancoria Bank now seeing a major shift in its ownership. Entrepreneur and co-founder of XM, Kostas Kleanthous, has reached an agreement to buy more than 50% of Ancoria Bank, making him the new majority shareholder. ...
https://knews.kathimerini.com.cy/en/news/christodoulides-walks-a-diplomatic-tightrope-with-high-stakes-visit-to-israel
President Nikos Christodoulides’ upcoming visit to Israel on May 4 comes at a critical time for the Eastern Mediterranean, with energy disputes, shifting alliances, and ongoing conflicts shaping the region’s future....
https://knews.kathimerini.com.cy/en/news/another-day-another-corruption-storm-as-president-slams-auditor-s-claims
Once again, Cyprus finds itself in the shadow of controversy, with fresh corruption claims raising eyebrows across the political spectrum. This time, the storm centers around an events venue in Nicosia — and whether the President himself had anything to do with how it got its license....
https://knews.kathimerini.com.cy/en/news/from-summer-hotspot-to-all-year-hub
Cyprus has big dreams, and according to Christos Angelides, General Manager of the Pancyprian Hotel Association (PASYXE), it’s going to take grit, vision, and a lot of teamwork to turn the island into a top-tier, all-year-round destination. But the potential? It’s definitely there....
https://knews.kathimerini.com.cy/en/business/cautious-optimism-for-easter-bookings-in-cyprus
Tourism officials are expressing cautious optimism about Cyprus’ 2025 Easter holiday season, with early bookings and rising airport traffic pointing to another strong year for the island’s travel sector....
https://knews.kathimerini.com.cy/en/news/they-re-kissing-my-ass-trump-boasts-about-trade-talks-video
In true Donald Trump fashion, the former U.S. President lit a firestorm overnight, not with policy, but with his words....
https://knews.kathimerini.com.cy/en/business/eu-strikes-back-at-trump-s-tariffs-opens-door-to-china
The European Union is firing back at Washington’s trade aggression with its own round of tariffs, as Brussels prepares a united front in response to former President Donald Trump’s protectionist push....
https://knews.kathimerini.com.cy/en/news/trump-s-tariff-blitz-threatens-cyprus-push-for-u-s-investments
Former U.S. President Donald Trump’s dramatic declaration of a ''Liberation” Day'', marked by the sudden imposition of 20% tariffs on imports from the European Union, as well as from Japan, India, Switzerland and China, has sent shockwaves across global markets and ignited fresh fears of a prolonged U.S.-Europe economic standoff....
https://knews.kathimerini.com.cy/en/business/cyprus-courts-u-s-investors-in-energy-tech-and-finance
Cyprus is making a bold push to attract American investment, with President Nicos Christodoulides leading a high-profile delegation to the United States....
https://knews.kathimerini.com.cy/en/news/cracking-down-on-animal-cruelty-tougher-penalties-on-the-horizon
In a hopeful step toward stronger animal protection, Cyprus' Attorney General has urged the Minister of Justice to toughen penalties for animal abuse, making the law a true deterrent for offenders....
https://knews.kathimerini.com.cy/en/business/global-fintech-investment-falls-to-seven-year-low-of-$95-6-billion-in-2024-but-uptick-in-q4-24-is-a-sign-of-cautious-optimism-says-kpmg-s-pulse-of-fintech-h2-24
2024 was another difficult year for fintech, with just $95.6 billion of investment globally across 4,639 deals....
https://knews.kathimerini.com.cy/en/news/cyprus-energy-gamble-big-promises-bigger-delays-but-a-game-changer-may-be-coming
Last week in Cairo, authorities from the Republic of Cyprus signed a non-binding host country agreement for the development of the Kronos gas field in Block 6 of Cyprus' Exclusive Economic Zone (EEZ).
...
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. ...
https://knews.kathimerini.com.cy/en/news/2024-global-vc-investment-rises-to-$368b-as-investor-interest-in-ai-soars
Global VC investment rose from $349.4 billion across 43,320 deals in 2023 to $368.3 billion across 35,684 deals in 2024 despite a multitude of challenges, including global conflicts and geopolitical tensions, uncertainties associated with a significant number of major elections—...
https://knews.kathimerini.com.cy/en/business/e-kalathi-platform-set-to-revolutionize-shopping-with-real-time-price-comparison
From the 10th of February this year, supermarkets across Cyprus have been participating in a pilot phase of the e-kalathi electronic platform, with plans to roll it out to consumers by March 4. ...
https://knews.kathimerini.com.cy/en/business/trump-backs-elon-musk-as-potential-tiktok-buyer
Former U.S. President Donald Trump has expressed support for the idea of Elon Musk purchasing TikTok, the popular social media platform owned by China's ByteDance. ...
https://knews.kathimerini.com.cy/en/news/underworld-tied-to-mismanagement-of-turkish-cypriot-properties
The latest twist in the ongoing scandal of mismanaged Turkish Cypriot properties involves claims that underworld figures are involved in illegal leasing deals....
https://knews.kathimerini.com.cy/en/life/temu-s-tempting-deals-are-a-double-edged-sword-for-cypriot-shoppers
Temu, an emerging e-commerce platform, offers an extensive range of products, from gadgets and household goods to clothing and toys, at remarkably low prices....
https://knews.kathimerini.com.cy/en/news/commission-s-migration-challenge-syria-and-political-hurdles-complicate-new-eu-legislation
According to an article by Pavlos Xanthoulis, the European Commission, led by Ursula von der Leyen, prepares to unveil a new migration and refugee framework in February 2025, significant challenges loom, from escalating conflict in Syria to contentious legal and political disputes within the EU. ...
https://knews.kathimerini.com.cy/en/news/minimum-income-recipients-allegedly-renting-turkish-cypriot-properties-for-pennies
A shocking new controversy has emerged involving recipients of the minimum guaranteed income who are allegedly renting valuable Turkish Cypriot properties for an incredibly low price. ...
