https://knews.kathimerini.com.cy/en/business/rental-prices-in-cyprus-show-dramatic-divide-limassol-rents-more-than-double-those-in-paphos-and-larnaca
Rental prices across Cyprus have remained largely stable, balancing increased demand from students with new housing developments....
https://knews.kathimerini.com.cy/en/news/cyprus-savers-earn-less-borrowers-pay-more-as-banks-widen-gap-with-eurozone
If you’re saving your money in a Cypriot bank, you’re probably earning less interest than the average European. But if you’re borrowing for a home or your small business, you’re likely paying more....
https://knews.kathimerini.com.cy/en/comment/opinion/politics-blog-buckets-bribes-and-black-hoods
There was a big protest yesterday along Limassol’s seafront. Makes sense; our beaches are still (hopefully) among the few places left in Cyprus that we probably won’t manage to burn down… Though, with this country, you can never be too sure....
https://knews.kathimerini.com.cy/en/business/cyprus-banks-are-merging-and-here-s-what-that-means-for-you
Cyprus is heading toward a major financial facelift, with a wave of mergers and acquisitions already in motion and expected to accelerate by the end of 2025. Sirens may have marked a different kind of Tuesday morning in Nicosia, but in the banking world, the alarm bells signal transformation....
https://knews.kathimerini.com.cy/en/business/scammers-pose-as-clients-and-bank-officials-to-dupe-nicosia-businessman-out-of-€14-500
A 57-year-old businessman in Nicosia was scammed out of €14,500 after falling victim to a sophisticated phone fraud scheme, police said Tuesday....
https://knews.kathimerini.com.cy/en/news/french-air-traffic-strike-grounds-1-500-flights-just-as-summer-holidays-take-off
If your summer getaway includes flying over or through France this week, you might want to double-check your flight status, especially if you're one of nearly 300,000 passengers grounded by an air traffic control strike that’s thrown Europe’s skies into chaos....
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-sheds-€2-5b-in-real-estate-marks-biggest-property-sale-in-island-s-history
The Bank of Cyprus has officially sold off more than €2.5 billion worth of real estate, over 5,100 properties, through its Real Estate Management Unit (REMU), marking a major milestone in clearing long-standing burdens from its balance sheet, according to Kathimerini's Panayiotis Rougalas....
https://knews.kathimerini.com.cy/en/business/new-ev-grants-open-but-you-ve-only-got-until-october
Cyprus is rolling out a new €2.5 million electric vehicle subsidy scheme, but only 260 spots are up for grabs, and buyers will need to move fast....
https://knews.kathimerini.com.cy/en/news/cyprus-e-mobility-grant-scheme-faces-criticism-as-initial-funding-runs-out
The recently launched e-mobility grant scheme in Cyprus has drawn criticism from the Association of Importers of Motor & Electric Vehicles (SEMHIO), which expressed serious concerns about the plan’s limited budget and structural shortcomings....
https://knews.kathimerini.com.cy/en/comment/opinion/of-patriots-politicians-and-souvlakia-cyprus-in-all-its-glory
The ''Never-Surrender'' Tornaritis is aiming for double digits with his new movement, ''Rise Up.'' And he’s absolutely convinced it’s going to stir the waters. Sound crazy? Not to me....
https://knews.kathimerini.com.cy/en/business/1-freedom-holding-corp-reports-23-revenue-growth-for-fy2025-driven-by-strong-performance-across-brokerage-and-insurance-segments
Freedom Holding Corp. (FRHC), a diversified financial services firm and the founder of Freedom24, has announced its financial results for the fiscal year ended 31 March 2025. ...
https://knews.kathimerini.com.cy/en/business/cyprus-returns-to-three-systemic-banks-after-alpha-bank-cyprus-astrobank-deal
Cyprus is set to have three systemic banks again after Alpha Bank Cyprus signed a final agreement to acquire most of AstroBank’s assets and liabilities. The deal was officially signed Tuesday, June 24, 2025....
https://knews.kathimerini.com.cy/en/news/freedom-holding-corp-reports-23-revenue-growth-for-fy2025-driven-by-strong-performance-across-brokerage-and-insurance-segments
Freedom Holding Corp. (FRHC), a diversified financial services firm and the founder of Freedom24, has announced its financial results for the fiscal year ended 31 March 2025. ...
https://knews.kathimerini.com.cy/en/news/warning-fake-government-officials-calling-to-steal-your-money
Authorities are urging the public to stay alert as a wave of phone scams involving individuals impersonating government officials continues to sweep across Cyprus....
https://knews.kathimerini.com.cy/en/business/cabinet-looks-to-end-decades-long-debate-on-multiple-pensions
The Cabinet on Tuesday approved an amended bill on retirement benefits for state officials, moving one step closer to resolving a public issue debated for over 40 years....
https://knews.kathimerini.com.cy/en/business/alpha-bank-to-acquire-astrobank-in-€200-million-deal
Alpha Bank Cyprus will acquire the entire operations of Astrobank, excluding €15 million in non-performing loans, in a deal set to be signed Friday, June 20....
https://knews.kathimerini.com.cy/en/business/83-major-companies-in-cyprus-operating-without-required-permits-lawmakers-say
Eighty-three major industrial sites across Cyprus are operating without valid town planning permits, building permits, or approval certificates, key documents required to regulate pollution and safeguard public health, according to AKEL MP Nicos Kettiros....
https://knews.kathimerini.com.cy/en/news/the-catalytic-role-of-legal-and-regulatory-functions-in-the-modern-era-of-sustainable-development
In the traditional business environment, legal and compliance professionals were seen as “gatekeepers.” Today, they are evolving into custodians of alignment and harmonization with legal and regulatory frameworks. ...
https://knews.kathimerini.com.cy/en/news/larnaca-s-steamiest-patrol-yet-caught-on-camera
Just when you thought you’d seen it all, a viral video making the rounds on Cypriot social media appears to show two people getting intimately acquainted in the front seat of a police patrol car, and yes, it’s exactly as wild as it sounds....
https://knews.kathimerini.com.cy/en/business/man-loses-€17-000-after-falling-for-fake-fine-payment-link
A 55-year-old man in Paphos is the latest victim of an online scam that cost him a staggering €17,000 after he clicked on what appeared to be a routine government fine notification....
https://knews.kathimerini.com.cy/en/comment/opinion/never-trust-your-informant
You may have seen the headline flying around. Something like: "Unbelievable: Fault in the pilot’s seat caused the Air India Boeing crash – It slipped backward and lost control – See the report and the black box recordings."...
https://knews.kathimerini.com.cy/en/news/from-the-mekong-to-the-med-how-cyprus-and-cambodia-are-crafting-a-new-global-alliance
In an exclusive with His Excellency Salah Essa, Honorary Consul of Cyprus to Cambodia, we uncover how two countries, thousands of kilometers apart, are finding common ground in trade, tourism, and cultural exchange. ...
https://knews.kathimerini.com.cy/en/news/wrong-way-driver-terrifies-motorists-on-limassol-nicosia-road
A shocking case of reckless driving caused panic on the Limassol-Nicosia highway on Sunday, June 8, when a double-cab vehicle was caught on camera driving in the wrong direction....
https://knews.kathimerini.com.cy/en/news/imf-and-eu-to-cyprus-cool-it-on-the-pay-rises-you-re-not-made-of-money
Cyprus may be riding high on economic growth, but the message from international watchdogs this week is blunt: slow down the spending, especially on public salaries, or risk unraveling the progress....
https://knews.kathimerini.com.cy/en/news/trump-s-trade-war-drives-tourists-away-from-u-s
Tourists from nations hardest hit by President Donald Trump's trade tariffs are increasingly avoiding trips to the United States, according to new data from hotel search site Trivago....
https://knews.kathimerini.com.cy/en/news/protein-cookies-recalled-in-cyprus-over-undeclared-allergen
The Ministry of Health has announced a recall of certain protein cookies after undeclared gluten was found in the product, posing a potential risk to individuals with gluten intolerance, allergies or celiac disease....
https://knews.kathimerini.com.cy/en/life/beats-beyond-borders-how-cyprus-djs-are-uniting-a-divided-capital
Cyprus has been divided for more than half a century, with its capital, Nicosia, split down the middle. But while politicians continue to stumble on the path to reunification, a new generation of DJs and music lovers is quietly achieving what decades of diplomacy have not: bringing the island’s two communities together, one party at a time. ...
https://knews.kathimerini.com.cy/en/comment/opinion/yes-but-diplomacy-the-hypocrisy-at-the-heart-of-our-moral-collapse
Alongside relentless economic precarity, the erosion and impoverishment of the middle class, environmental and public health crises, and of course the grotesque wars that have returned to Europe and the Middle East with a shocking savagery after decades, the 21st century seems to have ushered in a spiritual backslide, a collapse into the cheap and the populist....
https://knews.kathimerini.com.cy/en/business/cyprus-meets-cambodia-a-bridge-to-bold-business-ventures
For Cypriot entrepreneurs and companies, this is more than a passing opportunity; it’s a golden ticket into a vibrant, fast-growing market of over 600 million people....
https://knews.kathimerini.com.cy/en/news/cyprus-slashes-prison-overcrowding-responds-to-eurostat-report
Prison overcrowding in Cyprus has dropped significantly, falling from 70% to 27% over the past year, the Justice Ministry said Monday....
