https://knews.kathimerini.com.cy/en/business/the-electricity-market-is-open-so-why-are-cypriots-still-paying-so-much
Cyprus has officially opened its electricity market to competition. On paper, that should mean more choice, more transparency, and, eventually, lower prices. In reality? Consumers are still waiting to feel any real relief in their bills, and the system itself is under growing strain....
https://knews.kathimerini.com.cy/en/business/alpha-bank-s-a-announces-agreement-on-the-key-commercial-and-legal-terms-of-strategic-insurance-transactions-in-cyprus
Alpha Bank S.A. (“Alpha Bank”) announces that it has reached an agreement on the key commercial and legal terms for a strategic combination of insurance activities in Cyprus, ...
https://knews.kathimerini.com.cy/en/business/germany-pours-€50-billion-into-new-weapons-and-defenses
Germany is pouring an eye-watering €50 billion into new weapons, missile defenses, and combat vehicles, a move that underscores how sharply Europe’s biggest economy is rearming and how little patience there is left for delays....
https://knews.kathimerini.com.cy/en/business/november-tourism-jumps-30-giving-cyprus-a-late-season-win
Cyprus got a welcome tourism lift in November, with arrivals jumping by more than 30% compared with the same month last year, according to new data from the Statistical Service....
https://knews.kathimerini.com.cy/en/business/invest-cyprus-gives-new-momentum-to-relations-between-cyprus-and-the-united-arab-emirates
Invest Cyprus took part in the high-level Cyprus - UAE Roundtable, which was co-organised by the Presidency of the Republic of Cyprus, Invest Cyprus and the Cyprus Chamber of Commerce and Industry (CCCI). ...
https://knews.kathimerini.com.cy/en/news/who-pays-when-public-sector-wages-keep-rising
Public sector wages remain the uncomfortable truth behind Cyprus’ 2026 state budget, which is heading for a final vote in the House of Representatives on Wednesday and is widely expected to be approved....
https://knews.kathimerini.com.cy/en/business/cyprus-2024-data-show-gender-pay-gap-persists-across-sectors
Despite gradual improvements, women in Cyprus continue to earn less than men on average, according to the latest data from the Statistical Service for 2024....
https://knews.kathimerini.com.cy/en/business/cypriot-banks-see-lower-profits-but-growing-assets-in-2025
Cyprus’s banking sector recorded a notable decline in profitability during the first nine months of 2025, even as its balance sheet continued to expand, according to the latest data released by the Central Bank of Cyprus....
https://knews.kathimerini.com.cy/en/business/a-new-player-in-cyprus-electricity-market
The Association of Electricity Supplier Representatives (SEPIE) officially launched today, stepping onto Cyprus’ energy stage at a pivotal moment as the island moves toward a modern, competitive electricity market....
https://knews.kathimerini.com.cy/en/business/cyprus-and-vietnam-sign-deal-to-cut-tax-barriers-and-boost-business
Cyprus and Vietnam took a fresh step toward closer economic ties on Monday with the signing of an agreement aimed at avoiding double taxation and preventing tax evasion, a move both sides say will make doing business between the two countries easier and more predictable....
https://knews.kathimerini.com.cy/en/news/cyprus-public-sector-employment-hits-74-400-in-third-quarter-2025
The total number of employees in Cyprus’s broader public sector reached 74,431 in the third quarter of 2025, according to figures released Monday by the Statistical Service....
https://knews.kathimerini.com.cy/en/news/cyprus-bank-workers-win-pay-boost-and-extra-leave-in-landmark-deal
Negotiations over the renewal of the 2023–2027 Collective Agreement between the Cyprus Banks Association (KESK) and the Cyprus Bank Employees’ Union (ETYK) have ended on a positive note, clearing the way for pay increases and improved benefits for bank employees....
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-shipping-charts-a-course-for-growth
Cyprus’s shipping sector demonstrated resilience in 2025, maintaining a 7% contribution to the country’s GDP and employing more than 9,000 people onshore, as well as 80,000 seafarers on vessels managed by Cyprus-based companies....
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/russia-strikes-ukrainian-ports-damaging-three-turkish-owned-ships
Russia launched attacks on two Ukrainian ports on Friday, hitting three vessels owned by Turkish companies, including a ship transporting food supplies, according to Ukrainian officials and one of the ship owners....
https://knews.kathimerini.com.cy/en/business/greek-economy-minister-becomes-eurogroup-president
Greece’s Economy Minister Kyriakos Pierrakakis was unanimously elected president of the Eurogroup Thursday, a high-profile achievement that signals Greece’s return as a leader in European economic policy....
https://knews.kathimerini.com.cy/en/comment/opinion/debt-surge-ahead-can-the-eurozone-outgrow-its-risks
The Eurozone is entering a phase of rising investments, public debt, and real interest rates. In this challenging environment, economic growth is essential to maintain balance. ...
https://knews.kathimerini.com.cy/en/business/top-pensions-for-retirees-with-dependents-reach-over-€3-000
In Cyprus, pension amounts vary significantly depending on the type of pension and whether the recipient has dependents....
https://knews.kathimerini.com.cy/en/news/coral-cyprus-shell-licensee-once-again-fueled-the-energy-at-this-year-s-boyz-stuff-show
Coral Cyprus (Shell Licensee), successfully sponsored and participated for the second consecutive year in the Boyz Stuff Show 2025, ...
https://knews.kathimerini.com.cy/en/business/cyprus-to-close-2025-with-debt-below-60-of-gdp
Cyprus is expected to close 2025 with a public debt-to-GDP ratio of 55.3%, well below its target of 60%, the Finance Ministry said....
https://knews.kathimerini.com.cy/en/comment/opinion/india-s-historic-labour-reforms-building-a-fair-modern-and-inclusive-work-ecosystem
India stands at a pivotal moment in its economic journey. As the nation accelerates toward becoming a global economic powerhouse, the Government has undertaken a historic transformation of its labour laws—consolidating 29 fragmented labour statutes into four comprehensive Labour Codes....
https://knews.kathimerini.com.cy/en/business/cyprus-real-estate-market-draws-record-numbers-of-foreign-buyers-in-2025
Cyprus remains a popular destination for international property investors, with foreign buyers maintaining strong activity during the first ten months of 2025. ...
https://knews.kathimerini.com.cy/en/news/construction-begins-on-new-uk-high-commission-in-nicosia
Construction has officially begun on the new British High Commission in Nicosia, marking the start of a €40 million-plus project that promises to be the largest currently underway on the UK’s diplomatic estate....
https://knews.kathimerini.com.cy/en/comment/opinion/rage-as-a-business-model
As 2025 draws to a close, roughly ten technological behemoths, most based in the United States and some in the Far East, are not only widening the gap between the tiny share of the ultrarich and everyone else on the planet. ...
https://knews.kathimerini.com.cy/en/business/etyk-and-banks-seal-long-awaited-collective-agreement
“White smoke” has finally emerged after marathon negotiations between the Cyprus Union of Bank Employees (ETYK) and the country’s banks, regarding the long-pending collective agreement that has remained unresolved since late 2022....
https://knews.kathimerini.com.cy/en/news/golden-passport-era-ends-but-debate-rages-on
The Cyprus House of Representatives has officially pulled the plug on the controversial Cyprus Investment Program (CIP), shutting down the government’s ability to hand out citizenship to investors and their families. ...
https://knews.kathimerini.com.cy/en/news/1-akti-launches-fire-restoration-project-supported-by-chevron
AKTI Project and Research Centre, with the support of Chevron Cyprus, has launched an environmental and community-restoration initiative to restore areas in the Laona region of Limassol, which were affected by wildfires in July 2025....
https://knews.kathimerini.com.cy/en/news/poland-passes-the-eu-torch-to-cyprus-after-action-packed-presidency
Poland’s six-month run at the helm of the EU Council is coming to a close, and Ambassador Marek Szczepanowski says it’s been a busy, ambitious ride. ...
https://knews.kathimerini.com.cy/en/news/spike-in-raw-meat-smuggling-worries-customs
Cyprus’ Customs Department is sounding the alarm after two back-to-back cases of raw meat being brought from the occupied north into the Republic, a practice officials warn poses serious public health risks....
