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12° Nicosia,
18 August, 2025
 

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Displaying results 1-30 of 2943 matches for query economy.

1. Tiny insect threatens Cyprus’ iconic prickly pear cacti

https://knews.kathimerini.com.cy/en/news/tiny-insect-threatens-cyprus-iconic-prickly-pear-cacti

A tiny insect threatens to wipe out prickly pear cacti in Cyprus within a few years, potentially depriving the island of a summer fruit deeply rooted in Cypriot culture....

2. Cyprus posts third-highest rise in EU greenhouse gas emissions, Eurostat says

https://knews.kathimerini.com.cy/en/news/cyprus-posts-third-highest-rise-in-eu-greenhouse-gas-emissions-eurostat-says

Cyprus posted one of the sharpest rises in greenhouse gas emissions in the European Union during the first quarter of 2025, according to figures released Friday by Eurostat....

3. Cyprus property market sizzles in July

https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-property-market-sizzles-in-july

Even though July marks the start of summer holidays for Cypriots, the month delivered a strong push to the property market....

4. Cyprus’ shopping bill outpaces its sales, trade deficit grows in first half of 2025

https://knews.kathimerini.com.cy/en/business/cyprus-shopping-bill-outpaces-its-sales-trade-deficit-grows-in-first-half-of-2025

New figures from the Statistical Service show the country’s trade deficit, basically the difference between what we spend on imports and what we earn from exports, hit €3.87 billion between January and June this year. That’s up from €3.65 billion in the same period of 2024....

5. Cyprus hotels join Europe’s legal fight to break Booking.com’s grip

https://knews.kathimerini.com.cy/en/business/cyprus-hotels-join-europe-s-legal-fight-to-break-booking-com-s-grip

Hotels in Cyprus are among more than 10,000 across Europe taking part in a class-action lawsuit accusing Booking.com of abusing its market power for two decades. ...

6. Cyprus savers earn less, borrowers pay more as banks widen gap with Eurozone

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....

7. Cyprus is a magnet for foreign companies as registrations surge

https://knews.kathimerini.com.cy/en/business/cyprus-is-a-magnet-for-foreign-companies-as-registrations-surge

Foreign companies are flocking to Cyprus at a growing pace, with business registrations up by 30% in just six weeks, a sign that the island is solidifying its position as a prime investment hub in the region....

8. BOC reports €235M in profits, but what does that actually mean for the rest of us?

https://knews.kathimerini.com.cy/en/business/boc-reports-€235m-in-profits-but-what-does-that-actually-mean-for-the-rest-of-us

9. End of an era as KEAN factory to be replaced by urban high rises

https://knews.kathimerini.com.cy/en/business/end-of-an-era-as-kean-factory-to-be-replaced-by-urban-high-rises

One of Cyprus’s most iconic factories is shutting down. After nearly 70 years in the heart of Limassol, the historic KEAN factory will officially wrap up operations at its current site by 2026, marking the end of an era for the local soft drink producer....

10. Eurobank to hike dividends by over 50%

https://knews.kathimerini.com.cy/en/business/eurobank-to-hike-dividends-by-over-50

Eurobank has announced plans to increase its dividend payout by more than 50% next year, alongside a juicy interim dividend of €170 million, equivalent to 4.7 cents per share. The news comes despite a small dip in profits, showing the bank’s confidence in its growth path and expanding footprint....

11. USA 1 – EU 0

https://knews.kathimerini.com.cy/en/comment/opinion/usa-1-–-eu-0

Just days before the August 1st deadline, the U.S. and the EU managed to strike a new trade deal, prompting sighs of relief, as the two traditional allies will not have to clash, at least for now....

12. Desalination: A costly and controversial answer to global water shortages

https://knews.kathimerini.com.cy/en/business/desalination-a-costly-and-controversial-answer-to-global-water-shortages

As climate change fuels irregular rainfall and intensifies droughts, countries worldwide are increasingly turning to desalination to address growing water scarcity. ...

13. Employers fined for ignoring midday work ban

https://knews.kathimerini.com.cy/en/news/employers-fined-for-ignoring-midday-work-ban

As scorching temperatures grip Cyprus, the Department of Labor Inspection has ramped up workplace checks to protect outdoor workers from heat exhaustion, carrying out 128 inspections in just two days and issuing multiple fines and work stoppages....

14. Big Greek players move in on Cyprus' signature cheese

https://knews.kathimerini.com.cy/en/business/big-greek-players-move-in-on-cyprus-signature-cheese

Cyprus’ beloved halloumi is having a moment, and it’s not just on the grill. The country’s signature cheese is drawing serious attention from international investors, as Greek dairy giants plough hundreds of millions into Cypriot facilities, betting big on the future of the PDO-certified export star....

15. XM investors await green light to take over Ancoria Bank

https://knews.kathimerini.com.cy/en/business/xm-investors-await-green-light-to-take-over-ancoria-bank

Two Cypriot investors behind a successful global trading platform are making a bold move to take over Ancoria Bank, in what could signal a new era for small-scale banking in Cyprus....

16. Cyprus airports set for €170M makeover as passenger growth soars

https://knews.kathimerini.com.cy/en/business/cyprus-airports-set-for-€170m-makeover-as-passenger-growth-soars

Cyprus is gearing up for a major transformation of its two main airports, as Hermes Airports Chairman Christophe Petit outlines a €170 million overhaul set to modernize and expand Larnaka and Pafos terminals. ...

17. Lidl Cyprus highlights its commitment to local quality through a signature GALPO culinary experience

https://knews.kathimerini.com.cy/en/news/lidl-cyprus-highlights-its-commitment-to-local-quality-through-a-signature-galpo-culinary-experience

Through a creative cooking seminar that was materialised at the Lidl Food Academy in Nicosia, media representatives and Influencers had the opportunity to experience firsthand the delicious quality and authentic origin of GALPO products, Lidl Cyprus' private label....

18. Cyprus at a crossroads: Can the island become a regional business powerhouse?

https://knews.kathimerini.com.cy/en/business/cyprus-at-a-crossroads-can-the-island-become-a-regional-business-powerhouse

In a candid and forward-looking interview, Invest Cyprus President Evgenios Evgeniou shares how the island is gaining traction as a regional investment hub but also warns that serious challenges must be tackled head-on if Cyprus wants to stay competitive....

19. Women still earn less in Cyprus

https://knews.kathimerini.com.cy/en/business/women-still-earn-less-in-cyprus

Despite some progress in recent years, a significant wage gap between men and women remains in Cyprus, according to new figures released by the Cyprus Statistical Service....

20. AEGEAN invests in two new Airbus A321neo XLR aircraft with even greater range and comfort

https://knews.kathimerini.com.cy/en/business/aegean-invests-in-two-new-airbus-a321neo-xlr-aircraft-with-even-greater-range-and-comfort

AEGEAN announces the addition of two (2) new Airbus A321neo XLR (Extra Long Range) aircraft with an even longer range of up to 10.5 hours, while accelerating the initiation of its flights to India, in March 2026. ...

21. Banks show profit decline, asset growth, and capital strengthening in Q1 2025

https://knews.kathimerini.com.cy/en/business/banks-show-profit-decline-asset-growth-and-capital-strengthening-in-q1-2025

The Central Bank of Cyprus released updated data Wednesday showing a decline in bank profits, an increase in assets, and a stronger capital position for the first quarter of 2025....

22. Deadlock persists over Crete-Cyprus power cable as funding deadline nears

https://knews.kathimerini.com.cy/en/business/deadlock-persists-over-crete–cyprus-power-cable-as-funding-deadline-nears

Tensions are mounting over the Crete–Cyprus electric interconnection (GSI) as a regulatory impasse resurfaces just weeks before a critical August funding deadline. ...

23. Epic's parent company honored for investment in Cyprus at international awards

https://knews.kathimerini.com.cy/en/business/epic-s-parent-company-honored-for-investment-in-cyprus-at-international-awards

Monaco Telecom, the sole shareholder of Cyprus-based telecom provider Epic, was recognized at the 13th Invest Cyprus International Investment Awards for its substantial contribution to the Cypriot economy through continued investment in the telecommunications sector....

24. Cyprus banks are merging and here’s what that means for you

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....

25. Cyprus entices the modern traveler with authentic, year-round experiences

https://knews.kathimerini.com.cy/en/business/cyprus-entices-the-modern-traveler-with-authentic-year-round-experiences

Cyprus is aiming to attract a new generation of travelers, demanding, conscious, and experience-driven, through its National Tourism Strategy, according to officials....

26. Reducing the cost of living through digital solutions

https://knews.kathimerini.com.cy/en/comment/opinion/reducing-the-cost-of-living-through-digital-solutions

Life is becoming increasingly difficult for households today. The gap between those who are financially comfortable and those struggling to make ends meet on their wages has widened significantly. ...

27. PwC Cyprus: Celebrating international investment and the momentum it brings at the 13th Invest Cyprus International Investment Awards

https://knews.kathimerini.com.cy/en/news/pwc-cyprus-celebrating-international-investment-and-the-momentum-it-brings-at-the-13th-invest-cyprus-international-investment-awards

The 13th Invest Cyprus International Investment Awards were held on Wednesday, July 9, 2025, reaffirming Cyprus’ position as a regional hub for international business and recognising distinguished foreign investors who continue to place their trust in the country....

28. Novardia Credit Insurance Brokers Ltd. launches as Cyprus-based specialist in credit insurance

https://knews.kathimerini.com.cy/en/business/novardia-credit-insurance-brokers-ltd-launches-as-cyprus-based-specialist-in-credit-insurance

A new, Cyprus-based insurance brokerage company specializing exclusively in credit insurance has been established....

29. Coca-Cola HBC Cyprus boosts economy, employment, study finds

https://knews.kathimerini.com.cy/en/business/coca-cola-hbc-cyprus-boosts-economy-employment-study-finds

Coca-Cola HBC Cyprus contributes 0.3% to Cyprus’ GDP and national employment, according to a 2024 study by EY Cyprus Advisory Services Ltd. The findings, unveiled during a stakeholder event, underscore the company’s substantial role in the country’s economy and labor market....

30. Cyprus Parliament approves bill to align with Schengen VIS system

https://knews.kathimerini.com.cy/en/news/cyprus-parliament-approves-bill-to-align-with-schengen-vis-system

Cyprus’s House of Representatives on Thursday approved legislation paving the way for the country’s integration into the Schengen Area’s Visa Information System (VIS), a move seen as a significant step toward full accession to the Schengen zone....

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