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....
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....
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. ...
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....
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. ...
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....
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/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....
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. ...
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....
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....
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....
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....
https://knews.kathimerini.com.cy/en/comment/opinion/gen-z-wants-more-than-just-a-paycheck-and-they-re-not-wrong
Young people these days don’t put up with much, and frankly, good for them....
https://knews.kathimerini.com.cy/en/business/new-private-hospital-and-medical-campus-approved-for-lakatamia
A new private hospital is coming to Lakatamia, as the Environmental Authority has officially approved the construction of Hadassah Healthcare Park, a large-scale development that will also include a medical university, biotech offices, and student housing....
https://knews.kathimerini.com.cy/en/news/doors-open-for-global-talent-as-cyprus-rolls-out-eu-blue-card
Starting Monday, July 7, non-EU professionals looking to live and work in Cyprus can officially apply for the EU Blue Card, a special residence and work permit for highly skilled workers....
https://knews.kathimerini.com.cy/en/business/cyprus-family-businesses-are-struggling-to-survive-experts-warn
Family-owned businesses, long considered the heart of the Cypriot economy, are facing a crisis of survival, with most unable to pass the baton to the next generation, according to business expert Evi Sereti of PwC Cyprus....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-is-being-bought-and-the-state-doesn-t-seem-to-know-or-care
About a year ago, I met with the top state official responsible for land and property issues in Cyprus. I won’t name names. My intention isn’t to target anyone personally, but I will say this: I spoke to the person who should know the most about the growing number of real estate acquisitions by non-EU nationals....
https://knews.kathimerini.com.cy/en/news/paralimni-scraps-car-free-plan-goes-for-a-greener-smarter-town-center
Big changes are coming to the heart of Paralimni, just not the kind originally planned....
https://knews.kathimerini.com.cy/en/comment/opinion/a-mediterranean-university-for-a-shared-future
In a world increasingly defined by fragmentation and crisis, education remains by far the most powerful tool to connect people. ...
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/news/remote-work-coming-to-cyprus-public-sector-but-not-for-everyone
A long-anticipated shift toward remote work in Cyprus’ public sector is one step closer to reality. ...
https://knews.kathimerini.com.cy/en/news/ireland-first-to-ban-goods-from-israeli-settlements
Ireland is making history as the first European country to introduce a law banning the import of goods from Israeli settlements in the occupied Palestinian territories, a move that could send ripples across the EU and beyond....
https://knews.kathimerini.com.cy/en/business/cypriot-businesses-go-greener-as-hundreds-certified-in-nationwide-esg-initiative
Nearly 1,000 Cypriot businesses have joined a nationwide push toward sustainability, with two-thirds already certified under Environmental, Social, and Governance (ESG) standards, marking the first-year results of a collaborative interbank initiative aimed at promoting responsible business practices....
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/news/cyprus-government-posts-€551m-budget-surplus-in-first-five-months-of-2025
Cyprus continues to keep its public finances in check, reporting a general government surplus of €551.2 million for the first five months of 2025, slightly higher than the €542.6 million recorded during the same period last year. ...
https://knews.kathimerini.com.cy/en/news/cyprus-greenlights-work-from-home-for-public-servants-as-perks-keep-piling-up
Just when complaints over an oversized and well-paid public sector haven’t died down, the government is moving to give civil servants the option to work from home, at least part of the time....
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-offers-support-as-wildfire-rages-in-chios
Cyprus has expressed readiness to assist Greece in battling a large wildfire on the island of Chios, authorities said Monday....
https://knews.kathimerini.com.cy/en/business/cyprus-reinstates-abramovich-firm-to-go-after-directors-for-€25m-tax-debt
Cyprus is breathing life back into a defunct company once linked to Russian billionaire Roman Abramovich, not to do business, but to collect what it’s owed....
