https://knews.kathimerini.com.cy/en/news/cyprus-gets-back-on-track-with-three-stalled-mega-projects
After months of setbacks and stalled progress, three of Cyprus’ biggest public works projects are getting a fresh start. ...
https://knews.kathimerini.com.cy/en/news/ai-adoption-could-boost-global-gdp-by-an-additional-15-percentage-points-by-2035-as-global-economy-is-reshaped-pwc-research
New research published today by PwC reveals that AI has the potential to boost global economic output by up to 15 percentage points over the next decade. ...
https://knews.kathimerini.com.cy/en/business/cypriots-eye-business-opportunities-but-fear-of-failure-still-looms
A growing number of Cypriots believe the island is ripe for starting a business—but fear of failure is still holding many back, according to the National Report on Entrepreneurship in Cyprus 2023/2024, released Tuesday by the Centre for Entrepreneurship at the University of Cyprus....
https://knews.kathimerini.com.cy/en/news/lidl-cyprus-celebrates-15-years-with-a-15-discount-on-all-fresh-pork-and-beef-products
With 15 years of continuous growth and trust, the company continues to invest in competitive prices and strict quality standards for all consumers....
https://knews.kathimerini.com.cy/en/news/banks-extend-protection-for-stranded-property-buyers-until-july-2025
Stranded property buyers have been given a fresh lifeline, as Cyprus’ banks have agreed to extend the freeze on property sales and repossessions until the end of July 2025....
https://knews.kathimerini.com.cy/en/comment/opinion/is-development-finance-the-key-to-fixing-london-s-housing-crisis
London’s housing crisis is certainly nothing new, but its consequences are becoming increasingly harder to ignore....
https://knews.kathimerini.com.cy/en/business/cyprus-proposes-opening-turkish-port-to-cypriot-ships
In a move that could significantly alter Cyprus-Turkey relations, Cyprus has reportedly made a proposal to Turkey to open one of its ports to Cypriot-flagged ships, a long-standing issue that has been unresolved since 1987....
https://knews.kathimerini.com.cy/en/business/ancoria-bank-shifts-to-cypriot-hands-in-major-shake-up
Banking changes in Cyprus are rolling full steam ahead in 2025, with Ancoria Bank now seeing a major shift in its ownership. Entrepreneur and co-founder of XM, Kostas Kleanthous, has reached an agreement to buy more than 50% of Ancoria Bank, making him the new majority shareholder. ...
https://knews.kathimerini.com.cy/en/news/cyprus-posts-second-highest-budget-surplus-in-the-eu-for-2024
Cyprus has posted the second-largest government surplus in the European Union for 2024, tying with Ireland and just behind Denmark, according to new data released by Eurostat on Tuesday....
https://knews.kathimerini.com.cy/en/news/government-hourly-workers-say-they-re-fed-up-and-they-want-a-raise
It’s official: Cyprus’ hourly government employees are tired of feeling like second-class citizens in their own departments....
https://knews.kathimerini.com.cy/en/news/no-pork-prices-haven-t-gone-up-because-of-e-kalathi-retail-chief-says
If you’ve noticed pork prices creeping up lately, you’re not imagining things. But according to the head of Cyprus’ Retail Trade Association, Marios Antoniou, it has nothing to do with the upcoming launch of e-Kalathi, the state’s digital price comparison tool....
https://knews.kathimerini.com.cy/en/business/apple-ditches-china-for-india-to-dodge-trump-s-tariffs
Apple is planning a major shakeup in how, and where, it makes iPhones for the U.S. market. Starting as early as next year, the tech giant wants all iPhones sold in America to be assembled in India, instead of China. The reason? Tariffs. ...
https://knews.kathimerini.com.cy/en/business/cyprus-foreign-companies-pledge-30-local-workforce-by-2027
Cyprus has seen undeniable growth in foreign companies, and the economic benefits are clearly outweighing any potential downsides. ...
https://knews.kathimerini.com.cy/en/news/giorgos-papanastasiou-fanos-karantonis-michalis-sophocleous-at-green-agenda-cyprus-summit
The 2025 Green Agenda Cyprus Summit will take place on May 19, 2025, at the Hilton Nicosia, bringing together key leaders, policy makers, and industry experts in support of Cyprus' bold national vision for a greener future....
https://knews.kathimerini.com.cy/en/news/more-people-can-now-apply-for-affordable-housing-help
Good news if you’ve been struggling to qualify for affordable housing: the government just made it easier to apply....
https://knews.kathimerini.com.cy/en/news/deloitte-announces-technology-fast-50-middle-east-and-cyprus-fourth-edition-rankings
Deloitte Middle East has released the results of the fourth edition of the Middle East Technology Fast 50, recognising the fastest-growing technology companies across Cyprus and the Middle East....
https://knews.kathimerini.com.cy/en/business/from-silicon-valley-to-cyprus-tech-titans-eye-the-island-for-their-next-big-move
Cyprus is making bold moves on the global investment stage, with recent diplomatic and business outreach campaigns targeting major players in the U.S. and India. ...
https://knews.kathimerini.com.cy/en/news/cyprus-economy-set-to-slow-down-says-imf
The International Monetary Fund (IMF) has lowered its expectations for how much Cyprus's economy will grow over the next two years....
https://knews.kathimerini.com.cy/en/business/why-the-u-s-china-trade-war-matters-to-cyprus-and-europe
As the United States sharpens its rhetoric against China’s trade practices, reviving a tariff-heavy policy rooted in the Trump years, global markets are once again bracing for impact. ...
https://knews.kathimerini.com.cy/en/news/trump-s-tariff-war-backfires-as-tourists-ditch-u-s-head-to-europe
The global tariff war initiated by the Trump administration will have a negative impact on the US economy in 2025, as European and Canadian tourists change their plans....
https://knews.kathimerini.com.cy/en/news/cyprus-moves-forward-with-ambitious-plan-to-revamp-waste-management
The Ministry of Agriculture announced plans to move forward with developing a comprehensive network of municipal waste management facilities, including upgrades to the Pentakomo and Kosi Environmental Management Units....
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-cuts-loan-rates-again-giving-borrowers-a-breather
Good news is finally landing in the inboxes of thousands of borrowers across Cyprus, as the Bank of Cyprus announced another interest rate cut that should make monthly loan payments a little easier to swallow....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-makes-its-move-in-the-age-of-ai
Ask any country today and chances are they’ll tell you they want to be a hub for technological development—especially in the fast-evolving world of artificial intelligence (AI)....
https://knews.kathimerini.com.cy/en/news/cypriots-struggle-to-keep-up-as-food-and-energy-prices-climb
As prices continue to rise at the supermarket and electricity bills put pressure on family budgets, more people in Cyprus are finding it harder to make ends meet....
https://knews.kathimerini.com.cy/en/news/waitstaff-say-employers-are-pocketing-their-tips
Some restaurant and café workers in Cyprus are raising the alarm over a shady practice happening behind the scenes: tips meant for staff are being kept by employers or used to top up wages, according to complaints made to MPs....
https://knews.kathimerini.com.cy/en/news/1-coffee-up-veggies-down-march-prices-shift-across-cyprus
Shoppers in Cyprus may have noticed some familiar staples getting pricier last month, with Cypriot coffee and frozen burgers topping the list of products with the biggest price jumps in March....
https://knews.kathimerini.com.cy/en/news/cyprus-has-one-of-the-world-s-lowest-u-s-visa-rejection-rates-—-and-that-s-a-big-deal
Cyprus is inching closer to landing a spot in the U.S. Visa Waiver Program, and there’s one big reason why: it now has one of the lowest U.S. visa rejection rates in the world....
https://knews.kathimerini.com.cy/en/business/president-unveils-brain-gain-campaign-and-silicon-valley-ties-at-economic-conference
Cyprus is aiming high with a bold economic strategy that puts young people, innovation, and foreign investment at the center of the island’s future....
https://knews.kathimerini.com.cy/en/business/farewell-makareio-nicosia-s-historic-stadium-to-transform-into-modern-sports-hub
The historic Makareio Stadium in Nicosia is officially shutting its doors, but not without a plan. According to the president of the Cyprus Sports Organisation (KOA), Yiannis Ioannou, the stadium will be transformed into a state-of-the-art sports complex designed for the future....
https://knews.kathimerini.com.cy/en/news/kykkos-monastery-s-mega-project-set-to-transform-engomi
A major new development is taking shape in Engomi, Nicosia, on land owned by the Kykkos Monastery. The project is one of the largest mixed-use developments Cyprus has seen and is designed to transform the area surrounding the “Agios Prokopios” Metochi into a modern urban center....
