https://knews.kathimerini.com.cy/en/business/first-visit-and-a-fresh-start-for-cyprus–uae-ties
Cyprus and the United Arab Emirates took a major step forward in their relationship on Sunday, with President Nikos Christodoulides and UAE President Sheikh Mohamed bin Zayed Al Nahyan wrapping up official talks in Nicosia during the first-ever visit by a UAE president to the island....
https://knews.kathimerini.com.cy/en/business/cyprus-and-uae-launch-joint-business-investment-council
Cyprus and the United Arab Emirates have taken a major step to strengthen economic ties with the establishment of the UAE–Cyprus Joint Business & Investment Council, a new platform designed to foster investment, business collaboration, and ongoing dialogue between the two countries....
https://knews.kathimerini.com.cy/en/business/eu-to-impose-temporary-€3-customs-fee-on-small-imported-parcels
Starting 1 July 2026, small parcels entering the European Union will be subject to a flat customs fee of €3, a measure aimed at regulating the surge in low-value shipments from overseas e-commerce platforms. ...
https://knews.kathimerini.com.cy/en/business/cyprus-businesses-embrace-ai-and-e-commerce-to-boost-growth
Businesses in Cyprus are increasingly embracing digital transformation, with artificial intelligence (AI) and e-commerce emerging as major drivers of change. ...
https://knews.kathimerini.com.cy/en/news/eu-slams-u-s-blackmail-over-tech-rules
Europe’s top antitrust official has fired a warning shot at the Trump administration, saying the U.S. is using ''blackmail'' to pressure the EU into watering down its digital rules....
https://knews.kathimerini.com.cy/en/news/nicosia-s-forgotten-sopaz-site-is-finally-getting-a-new-life
The redevelopment effort for the former SOPAZ industrial site is steadily advancing, according to an update from Nicosia Mayor Charalambos Prountzos....
https://knews.kathimerini.com.cy/en/business/bankrupt-travel-agencies-leave-cyprus-consumers-in-the-lurch
Lawmakers are pushing for new legislation to better protect consumers affected by travel agency bankruptcies, after a recent collapse left dozens of holidaymakers facing heavy losses....
https://knews.kathimerini.com.cy/en/business/openai-and-freedom-holding-corp-to-advance-digital-education-in-kazakhstan
On November 6, 2025, in Washington, D.C., the Government of the Republic of Kazakhstan, OpenAI, Inc., and Freedom Holding Corp. (NASDAQ: FRHC), a parent company of Freedom24, signed a strategic agreement....
https://knews.kathimerini.com.cy/en/business/employers-unanimously-reject-cost-of-living-proposal-by-government
Cyprus’ two leading employer groups have rejected the government’s proposal for a new Cost-of-Living Allowance (ATA) deal, saying the draft agreement “falls short” on several key points and cannot be signed as it stands....
https://knews.kathimerini.com.cy/en/business/decisive-talks-today-on-cyprus-cost-of-living-allowance
A crucial round of talks on Cyprus’ Cost of Living Allowance (COLA), known locally as the Automatic Cost of Living Adjustment (ATA), is set to take place today....
https://knews.kathimerini.com.cy/en/news/€50-million-could-flow-to-consumers-as-cyprus-moves-to-tax-renewable-energy-giants
Cyprus is considering a controversial move to tax unexpected profits from private renewable energy companies, a measure aimed at funneling millions into programs that could ease the burden on consumers....
https://knews.kathimerini.com.cy/en/news/peter-hinssen-at-european-university-cyprus-an-exclusive-talk-on-innovation-in-an-era-of-uncertainty
European University Cyprus (EUC) is proud to host Peter Hinssen, one of the world’s most influential thinkers on innovation, leadership, and technology, for an exclusive keynote event in Nicosia....
https://knews.kathimerini.com.cy/en/business/advertising-in-2025-ai-won-t-buy-your-product-people-will
''Agents can do great research, but they don’t shop,'' says Arriana Yiallourides, Business Development Director at VML North America. ...
https://knews.kathimerini.com.cy/en/business/fresh-vegetable-prices-surge-in-august-while-seafood-prices-fall
Prices for fresh vegetables and greens skyrocketed in August, rising nearly 50% from the previous month, according to the Consumer Goods Price Observatory....
https://knews.kathimerini.com.cy/en/news/christodoulides-heads-to-canada-to-court-investors
President Nikos Christodoulides is traveling to Toronto this week to showcase Cyprus as a prime destination for international investment, the government said Wednesday....
https://knews.kathimerini.com.cy/en/business/cyprus-employers-call-cost-of-living-pay-hike-unconstitutional
Cyprus’ long-running tug-of-war over the cost-of-living allowance, known locally as ATA, has taken a sharp new turn after the country’s two largest employers’ groups declared the scheme unconstitutional for the private sector....
https://knews.kathimerini.com.cy/en/news/party-says-no-presidency-says-yes-as-christofidou-takes-over-data-protection-office
The Council of Ministers announced Wednesday that Maria Manolis Christofidou, provincial secretary of GODISY, will take over as Cyprus’ Commissioner for Personal Data Protection....
https://knews.kathimerini.com.cy/en/business/pentakomo-tech-park-attracts-global-investors
The long-discussed Pentakomo Technology Park project is finally showing signs of serious progress, with both Cypriot and foreign investors expressing concrete interest, officials say....
https://knews.kathimerini.com.cy/en/comment/opinion/is-india-a-tariff-king-not-really
There is a widespread but fallacious perception that India's tariffs are inordinately high. There are subjective factors when it comes to a country like livability, public courtesy, or even how foreigners are welcomed....
https://knews.kathimerini.com.cy/en/business/fiba-eurobasket-2025-gives-limassol-economy-a-slam-dunk
The FIBA EuroBasket 2025 has given Limassol’s economy a major shot in the arm, with hotels, restaurants, and shops reporting a surge in business as thousands of fans, teams, and journalists poured into the city....
https://knews.kathimerini.com.cy/en/business/cyprus-moves-to-tighten-foreign-investment-rules-boost-transparency
Cyprus is set to introduce stricter controls on foreign investments in a new bill aimed at protecting critical sectors while keeping the country attractive to reliable investors....
https://knews.kathimerini.com.cy/en/news/paphos–polis-motorway-stuck-in-neutral
A project meant to link Paphos with Polis Chrysochous has become one of Cyprus’ most notorious construction headaches, mired in legal battles, ballooning costs, and government missteps that have left it frozen for decades....
https://knews.kathimerini.com.cy/en/business/safety-concerns-or-just-a-tax-grab
A wave of new measures could soon change the way Europeans shop online, as the European Union moves to crack down on Chinese e-commerce giants like Temu and Shein, citing both consumer safety risks and unfair market practices....
https://knews.kathimerini.com.cy/en/business/cyprus-consumers-more-price-savvy-than-new-e-kalathi-platform
More than a month after its launch, Cyprus’ e-kalathi digital price comparison tool is struggling to win over consumers, many of whom appear to be better informed than the platform itself when it comes to supermarket pricing....
https://knews.kathimerini.com.cy/en/business/eurobank-eyes-dual-listing-on-cyprus-and-athens-stock-exchanges-after-hellenic-bank-exit
Greece’s Eurobank is considering listing its shares on the Cyprus Stock Exchange (CSE), just as Hellenic Bank prepares to officially delist on June 30, 2025, sealing a €1.3 billion investment deal that signals strong faith in the Cypriot economy....
https://knews.kathimerini.com.cy/en/business/protect-cypriot-businesses-before-they-re-bought-out-chamber-chief-warns
The head of the Cyprus Chamber of Commerce and Industry (CCCI) is urging action to protect local businesses from being swallowed up by foreign interests, calling for targeted tax reforms and incentives to encourage homegrown mergers....
https://knews.kathimerini.com.cy/en/business/cyprus-backs-young-entrepreneurs-with-€50m-boost
Cyprus is betting on young entrepreneurs to drive the country’s economic growth, with over €10 million already distributed in grants under a national plan expected to create more than 2,000 jobs by 2027....
https://knews.kathimerini.com.cy/en/news/cyprus-opens-electricity-market-to-competition-on-october-1st
Cyprus is preparing to open its long-awaited competitive electricity market, with officials hopeful the move will finally bring down energy costs for households and businesses....
https://knews.kathimerini.com.cy/en/business/chamber-of-commerce-pushes-for-overhaul-of-tax-bill-to-attract-global-cypriot-talent
The Cyprus Chamber of Commerce and Industry (KEBE) is calling for key revisions and broader strategic planning in the government’s “Minds in Cyprus” tax bill, aimed at attracting talent from the Cypriot diaspora....
https://knews.kathimerini.com.cy/en/life/lellos-pool-to-reopen-after-long-term-closure
The Nicosia Municipality has announced that the Nicosia Municipal Swimming Pool, commonly known as “Lellos’ Pool”, is scheduled to reopen on June 27, 2025....