https://knews.kathimerini.com.cy/en/business/cyprus-developers-oversee-€8bn-portfolio-as-efforts-to-attract-us-investors-gather-pace
Cyprus is stepping up efforts to attract American investment as developers oversee projects worth more than €8bn across the island. The Government's plans come alongside calls from the construction sector for faster approvals, regulatory improvements and more affordable housing....
https://knews.kathimerini.com.cy/en/news/nicosia-offers-up-to-€150-000-for-voluntary-early-retirement
Nicosia Municipality has announced a voluntary early retirement scheme aimed at reducing its fixed costs. The scheme allows for the departure of up to 25 employees, covering both permanent staff and those on indefinite-term contracts....
https://knews.kathimerini.com.cy/en/news/kronos-the-offshore-underdog-that-became-the-front-runner
Fifteen years after the first discovery of substantial hydrocarbon reserves in Cyprus’ exclusive economic zone, the Republic of Cyprus and Italian energy company Eni have taken their most significant step toward bringing the island into the ranks of energy-producing countries....
https://knews.kathimerini.com.cy/en/news/cyprus-proves-a-lucrative-market-for-banks
Cyprus remains a strong source of bank profits, with two of the three banks whose parent companies are based in Greece reporting impressive results. ...
https://knews.kathimerini.com.cy/en/news/wastewater-disposal-identified-as-key-factor-in-pissouri-landslides
The long-term disposal of domestic wastewater into soakaway pits was the main factor behind rising groundwater levels and the reactivation of landslides in Pissouri, according to scientific research published in 2024....
https://knews.kathimerini.com.cy/en/news/cyprus-launches-campaign-to-bring-caesarean-birth-rate-below-60
Cyprus is stepping up efforts to reduce the number of Caesarean deliveries, with the Ministry of Health setting a target of bringing the rate among women giving birth for the first time below 60% by the end of 2026....
https://knews.kathimerini.com.cy/en/news/man-who-beat-neighbor-s-cat-to-death-must-serve-jail-time
A man who killed his neighbor's cat by repeatedly striking it with a broomstick must serve two months in prison immediately, the Court of Appeal ruled Friday, overturning a decision that had allowed him to avoid jail....
https://knews.kathimerini.com.cy/en/news/energy-prices-jump-21-in-september-putting-households-under-pressure
Energy prices in Cyprus rose 21% in September compared with a year earlier, putting pressure on household budgets as inflation on the island outpaced the euro-area average....
https://knews.kathimerini.com.cy/en/news/patrick-stewart-legendary-star-trek-and-x-men-actor-dies-aged-86
Patrick Stewart, the distinguished British actor whose career spanned classical theatre, science fiction and superhero cinema, has died at the age of 86....
https://knews.kathimerini.com.cy/en/news/pamboridis-bets-he-can-unite-disy-—-but-will-averof-back-him
Giorgos Pamboridis outlined his vision and policy platform today at his first news conference since formally entering the race for Democratic Rally’s nomination for the 2028 presidential election....
https://knews.kathimerini.com.cy/en/news/lagarde-to-leave-ecb-early-opening-race-for-europe-s-top-banking-job
Christine Lagarde will step down as European Central Bank president on Feb. 7, 2027, leaving months before her term ends and setting off the search for a successor at the helm of the eurozone’s central bank....
https://knews.kathimerini.com.cy/en/comment/opinion/who-wants-to-run-a-business-in-cyprus-anymore
Between armed conflicts, geopolitical developments, a prolonged energy crisis and constant shifts in the global economy, running a business in Cyprus is becoming increasingly difficult....
https://knews.kathimerini.com.cy/en/business/is-limassol-becoming-too-expensive-for-business
Limassol’s cost-of-living pressures appear to be reaching a breaking point, extending beyond households and residents to the business community....
https://knews.kathimerini.com.cy/en/news/cyprus-orders-second-patrol-ship-from-israel
The agreement to acquire a second offshore patrol vessel is simply the implementation of the original plan to strengthen the National Guard’s Naval Command with modern surface vessels....
https://knews.kathimerini.com.cy/en/news/israel-s-election-leaves-power-undecided-with-cyprus-watching-closely
Israel’s election has left neither main political bloc with enough seats to govern, setting up difficult coalition negotiations in a country whose security decisions carry consequences for nearby Cyprus....
https://knews.kathimerini.com.cy/en/news/at-least-30-killed-as-high-speed-trains-collide-in-spain
At least 30 people were killed and 80 injured when two high-speed trains collided in central Spain on Wednesday, with authorities warning that the casualty figures could rise....
https://knews.kathimerini.com.cy/en/business/revolut-outage-reveals-banks-vulnerability-to-cloud-service-failures
The disruption to Revolut services caused by a Google Cloud failure on October 20 has drawn attention to the reliance of everyday banking on external technology providers and the challenges financial institutions face when essential digital systems become unavailable....
https://knews.kathimerini.com.cy/en/news/wednesday-weather-yellow-thunderstorm-warning-puts-a-stormy-twist-on-ohi-day
The Cyprus Department of Meteorology has issued a yellow thunderstorm warning, valid from 02:00 until 18:00 today. Since we're publishing at 07:30, that warning is already in force. Isolated heavy thunderstorms are expected to affect the western half of the island initially, spreading to other areas after midday. Rainfall rates could reach 35 to 55 millimetres per hour, hail is likely, and wind gusts in thunderstorms could reach 7 to 8 Beaufort....
https://knews.kathimerini.com.cy/en/news/troodos-asbestos-mine-among-sites-covered-by-€302-400-in-public-tenders
Two public infrastructure contracts with a combined estimated value of €302,400 excluding VAT are now under evaluation following the closure of bidding on Tuesday, with works planned at the former Amiantos Mine and long-term maintenance of wastewater facilities at Troodos Camp....
https://knews.kathimerini.com.cy/en/news/court-limits-citizenship-claims-through-marriage
Marrying someone who became a Cypriot citizen through an application process known as registration does not give a foreign spouse the right to obtain citizenship through the same route, a Cyprus appeal court has ruled....
https://knews.kathimerini.com.cy/en/news/disy-split-deepens-as-georgiades-rules-out-campaigning-for-averof
Harris Georgiades has told DISY leader Annita Demetriou that he will not take part in the party’s 2028 presidential campaign if former party leader Averof Neofytou is chosen as its candidate, laying bare another rift within the opposition party....
https://knews.kathimerini.com.cy/en/news/six-international-partners-reject-turkey-libya-maritime-agreement
Greece, Cyprus, Egypt, Bahrain, the United Arab Emirates and the European Union have rejected the 2019 maritime agreement between Turkey and Libya, arguing that it has no legal validity and cannot determine maritime boundaries or affect the rights of other countries....
https://knews.kathimerini.com.cy/en/news/cyprus-signs-major-gas-deal-with-kronos-production-targeted-for-2028
Cyprus moved a step closer Monday to turning its offshore natural gas into an income source for the country, signing contracts worth up to $1.8 billion to develop the Kronos field....
https://knews.kathimerini.com.cy/en/news/a-rotating-presidency-is-already-on-the-negotiating-record-menelaou-says
A rotating presidency is already among the understandings reached in Cyprus negotiations, Greek Cypriot negotiator Menelaos Menelaou says. But it cannot be separated from the rest of the negotiating package and turned into a condition for restarting talks....
https://knews.kathimerini.com.cy/en/news/who-can-bring-disy-s-voters-back-together
Winning over your own party should be the first step toward winning over the country. For DISY, the challenge is making sure that the first contest leaves its voters willing to stand behind the same candidate....
https://knews.kathimerini.com.cy/en/news/state-saves-€20-million-a-year-on-new-hires-starting-pay
The state saves €20.1 million annually by reducing entry-level pay scales for new civil service hires by 10%. The Finance Ministry has no intention of abolishing or revising the measure, which applies for 24 months....
https://knews.kathimerini.com.cy/en/news/cyprus-turns-to-israeli-weapons-but-france-remains-its-top-arms-supplier
Sixty-two years after its establishment, the National Guard has spent the past 15 years entering a new era, leaving behind a period defined largely by its inward-looking approach....
https://knews.kathimerini.com.cy/en/news/cypriots-urged-to-donate-blood-as-shortages-delay-transfusions-and-surgery
Cyprus is facing renewed pressure to secure enough blood for patients, with shortages forcing delays to transfusions and planned operations. MPs and patient representatives have called for urgent action, additional staffing and a national plan to ensure hospitals can meet demand....
https://knews.kathimerini.com.cy/en/news/legal-snag-complicates-larnaca-port-and-marina-plans
The government is seeking a legal solution to keep Larnaca’s port and marina redevelopment moving, after the Legal Service said the marina’s development must go to an open tender rather than be assigned directly to the Cyprus Ports Authority....
https://knews.kathimerini.com.cy/en/news/heating-fuel-tax-cut-takes-effect-but-mps-push-for-more-relief
Heating fuel taxes fall by 6.39 cents a liter from today, Oct. 23, giving households some relief before winter, although MPs warned that the reduction would only partly ease the pressure of rising energy costs....