https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-introduces-cyprus-first-ai-banking-assistant
Bank of Cyprus has become the first bank in Cyprus to offer an AI banking assistant with the launch of DANAI, a new digital service that harnesses Artificial Intelligence to make everyday banking support even simpler and more immediate. Through the Bank’s Mobile App, customers can quickly receive answers to everyday banking questions at any time of the day.
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https://knews.kathimerini.com.cy/en/business/fitch-upgrades-cyprus-to-‘a-on-strength-of-public-finances
Cyprus has received another credit rating upgrade, with Fitch Ratings raising the country’s long-term rating from ‘A-’ to ‘A’, citing strong public finances, falling debt levels and continued economic growth....
https://knews.kathimerini.com.cy/en/news/gsi-s-final-cost-remains-unclear
The Great Sea Interconnector (GSI) still lacks a reliable final cost estimate and a firm timetable for completing its assessment, as the European Investment Bank awaits clarification of crucial technical, financial and contractual details....
https://knews.kathimerini.com.cy/en/news/three-way-talks-yes-but-with-a-two-state-solution
An experienced observer of the Cyprus issue told Kathimerini on Friday afternoon that the previous 72 hours had produced more developments than the preceding six months of U.N. efforts to break the deadlock in the talks—with António Guterres’ term as secretary-general drawing to a close....
https://knews.kathimerini.com.cy/en/news/seven-limassol-communities-get-access-to-small-business-grants-of-up-to-€50-000
If you’ve been thinking about opening a day care center in Pissouri or expanding a creative workshop in Episkopi, a new grant could cover half the cost. A €250,000 scheme is offering up to €50,000 per project to very small and small businesses in seven Limassol district communities....
https://knews.kathimerini.com.cy/en/business/cyprus-s-external-gap-widens-as-growth-holds-up
Cyprus’s economy continues to expand, but the widening imbalance in its external accounts deserves closer attention. The current account records earnings and payments between Cyprus and the rest of the world, covering trade, investment income and transfers (e.g., from the European Commission). The Central Bank of Cyprus’s revised figures put the 2025 deficit at 8.8% of GDP, compared with 6.4% previously reported (Figure 1). By contrast, the 2024 deficit was revised to 5.5% of GDP, down from 8.2% previously reported. These changes show that the gap widened in 2025, reversing the earlier picture of improvement. Figures for the first six months of 2026 show further pressure.
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https://knews.kathimerini.com.cy/en/comment/opinion/why-nothing-changes-in-cyprus
The other day, I watched Britain’s growth minister, Dan Tomlinson, give an outstanding interview on Sky News....
https://knews.kathimerini.com.cy/en/business/lidl-cyprus-ja-cyprus-training-mentors-in-sustainable-entrepreneurship-for-the-6th-cycle-of-‘mind-reset
Environmental awareness is cultivated from an early age, and education serves as the most powerful tool for shaping responsible attitudes and behaviours. Guided by this philosophy, Lidl Cyprus recently hosted a training session at the Lidl Food Academy for educators participating in the 6th cycle of the mind REset educational programme. The initiative is implemented in collaboration with Junior Achievement Cyprus, the Ministry of Education, Sport and Youth as an institutional partner, and is held under the auspices of the Ministry of Agriculture, Rural Development and Environment.
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https://knews.kathimerini.com.cy/en/news/st-barnabas-monastery-in-famagusta-completes-restoration-of-centuries-old-iconography-and-roof
Conservation work at the historic Monastery of Apostle Barnabas in Engomi, Famagusta, has been completed, including the restoration of its wall paintings and intricately carved wooden iconostasis....
https://knews.kathimerini.com.cy/en/news/eu-and-uk-near-deal-to-cut-university-tuition-fees-for-european-students
European students could soon pay less to study at universities in the United Kingdom, as the EU and British government approach an agreement on tuition fees that increased significantly following Brexit....
https://knews.kathimerini.com.cy/en/news/eu-presses-turkey-to-recommit-to-cyprus-settlement-talks
The European Commission on Wednesday called on Turkey to renew its support for United Nations-led talks aimed at resolving the Cyprus dispute, while criticizing Ankara’s ongoing refusal to recognize the Republic of Cyprus and its push for a two-state arrangement....
https://knews.kathimerini.com.cy/en/business/petrolina-long-standing-sponsor-of-the-let-s-do-it-cyprus-campaign
Committed to protecting the natural environment and raising environmental awareness, Petrolina continues to support Cyprus’s largest environmental campaign, Let’s Do It! Cyprus, which it has sponsored since 2014. This year, the company is participating as a Silver Sponsor of Let’s Do It! Cyprus 2026.
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https://knews.kathimerini.com.cy/en/business/ey-cyprus-earns-2026-2027-great-place-to-work-certification
EY Cyprus is proud to be Certified™ by Great Place To Work® for October 2026 - 2027. The prestigious award is based entirely on what current employees say about their experience working at EY Cyprus. 91% of employees said that when you join the company, you are made to feel welcome.
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https://knews.kathimerini.com.cy/en/news/eu-pushback-does-little-to-slow-turkey-s-gas-pipeline-to-occupied-northern-cyprus
The European Union has responded weakly to plans for an undersea natural gas pipeline linking Turkey to occupied northern Cyprus....
https://knews.kathimerini.com.cy/en/news/cyprus-banks-must-hold-extra-capital-to-continue-lending-in-a-crisis
Markets are volatile, the war in the Middle East shows no sign of ending, and inflation continues to rise. The energy crisis is deepening concerns, while the prices of goods and fuel remain high. ...
https://knews.kathimerini.com.cy/en/business/teamlidl-in-action-the-people-of-lidl-cyprus-and-akti-joined-forces-to-protect-our-coastlines-as-part-of-project-zero
With a steadfast commitment to sustainable development and environmental protection, Lidl Cyprus—in collaboration with the AKTI Research and Project and Centre—organised another voluntary coastal cleanup as part of its "Project Zero" environmental initiative. This effort reaffirms the company’s long-standing dedication to protecting the natural environment and fostering environmental awareness.
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https://knews.kathimerini.com.cy/en/business/freedom24-plans-geneva-office-for-q1-2027-deepening-ties-with-swiss-finance-and-research
Geneva combines international finance, wealth management and institutional trust with access to world-class research and innovation. Freedom24 sees opportunities to connect its digital financial expertise and the group’s technological capabilities with Switzerland’s financial and scientific ecosystem.
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https://knews.kathimerini.com.cy/en/comment/opinion/what-happens-when-you-can-no-longer-afford-your-own-neighborhood
Gentrification has come to Cyprus, too. Over the past few years, it has taken hold mainly in the coastal cities, where it has sent rents and home prices soaring....
https://knews.kathimerini.com.cy/en/business/pafilia-celebrates-double-success-at-the-european-property-awards-2026–2027
Minthis extends its remarkable record of international property recognition with a five-star award for Best Mixed Use Development in Cyprus, while Elysia Blu earns recognition in the Residential Development 20+ Units category.
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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/business/innovation-minister-heads-to-silicon-valley-seeking-investors-for-local-startups
A good idea can start in Cyprus. Finding the money, customers, and contacts to turn it into a thriving business often means looking beyond the island....
https://knews.kathimerini.com.cy/en/business/exinity-training-hub-launches-pioneering-new-approach-to-autism-inclusive-emergency-care-in-cyprus
A new chapter in social inclusion is taking shape in Cyprus with the launch of the Exinity Training Hub, an ambitious initiative developed by NGO Voice for Autism and brought to life through the support of Exinity and the Andrey & Julia Dashin’s Foundation.
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https://knews.kathimerini.com.cy/en/news/man-confesses-to-killing-missing-61-year-old-woman-as-search-for-her-body-continues
A 43-year-old Syrian man has confessed to killing 61-year-old Olga Vasilieva, according to police sources, as investigators continue efforts to locate her body in the mountainous areas of Limassol....
https://knews.kathimerini.com.cy/en/news/turkey-offers-egypt-15-000-sq-km-of-mediterranean-waters-in-bid-to-secure-support-for-libya-deal
Turkey’s efforts to strengthen relations with Egypt are facing significant obstacles, with disagreements over maritime boundaries and competing interests in Libya limiting progress between the two countries....
https://knews.kathimerini.com.cy/en/news/cyprus-urges-eu-to-intervene-over-planned-turkey–occupied-areas-gas-pipeline
Nicosia is seeking help from Brussels as plans advance for a subsea, bidirectional natural gas pipeline between Turkey and the self-declared ''turkish republic of northern cyprus.''...
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/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/what-s-keeping-michelin-stars-off-the-menu-in-cyprus
What would it take for restaurants in Cyprus to be considered for a Michelin star? Or, for that matter, for Cyprus to earn a place in the Guide at all?...
https://knews.kathimerini.com.cy/en/life/weekend-warriors-things-to-do-that-are-less-frightening-than-your-electricity-bill
This weekend, Cyprus presents an important choice: head into a haunted maze and scream, or head into the mountains and eat....
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....
