https://knews.kathimerini.com.cy/en/business/bank-of-cyprus–cdbbank-deal-nears-completion-after-staff-exit-scheme
Bank of Cyprus’ acquisition of cdbBank is on course for a successful conclusion after cdbBank met a key condition of the agreement: implementing a voluntary retirement scheme (VRS)....
https://knews.kathimerini.com.cy/en/business/what-s-shaping-cyprus-business-this-week
Key gatherings across Cyprus this week bring together leaders in artificial intelligence, corporate governance, and sustainable finance. Here is your quick look at the top conferences, networking events, and local industry milestones on the agenda....
https://knews.kathimerini.com.cy/en/news/former-german-intelligence-chief-held-in-espionage-investigation
August Hanning, who led Germany’s foreign intelligence service from 1998 to 2005, is accused of obtaining thousands of confidential documents through a former employee....
https://knews.kathimerini.com.cy/en/business/another-company-heads-for-the-exit-centalion-moves-headquarters-out-of-cyprus
BrainRocket led the way, and Centalion Group is set to follow. The company announced on Oct. 2 that it had decided to move its headquarters out of Cyprus and relocate to Singapore....
https://knews.kathimerini.com.cy/en/news/hidden-4-1-rise-in-public-sector-staff-costs-in-2027
While the government is cutting civil service positions in an effort to contain the public-sector wage bill, the picture presented by staffing expenditure tells a different story....
https://knews.kathimerini.com.cy/en/business/compliancesuite-wins-gold-at-the-compliance-awards-2026
Infocredit Group is proud to announce that ComplianceSuite, its integrated RegTech and compliance management platform, has been awarded GOLD at the Compliance Awards 2026 in the category “4.3 Best Compliance Platform.”
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https://knews.kathimerini.com.cy/en/news/turkish-cypriot-property-service-says-disputed-land-contracts-were-terminated-in-2024
The Turkish Cypriot Properties Management Service has rejected allegations surrounding the allocation of agricultural land to a former employee, saying the claims made before the Parliamentary Refugees Committee were not supported by specific evidence....
https://knews.kathimerini.com.cy/en/news/cyprus-state-sector-remains-large
The 2027 state budget, approved by the Cabinet this week, points to an effort to reduce the number of permanent public-sector positions. Even so, the state sector remains large....
https://knews.kathimerini.com.cy/en/news/no-more-free-parking-cyprus-church-introduces-€2-daily-fee
Free parking is coming to an end at a church car park in Strovolos, with drivers set to pay €2 a day from next Monday....
https://knews.kathimerini.com.cy/en/news/revolut-data-breach-puts-cyprus-users-on-scam-alert
Revolut has suffered a data breach after fraudsters posing as government officials tricked the financial technology company into releasing sensitive customer information....
https://knews.kathimerini.com.cy/en/news/pension-reform-hits-resistance-as-workers-ask-who-pays-the-bill
Cyprus’ long-awaited pension reform is running into resistance, with workers’ unions warning that some of the most important questions remain unanswered: Will employees have to pay more? Will future pensioners receive enough to live on? And who will ultimately pick up the bill?...
https://knews.kathimerini.com.cy/en/comment/opinion/it-s-alive
When Jacob Coxon, a researcher at Anthropic and former OpenAI employee, resigned noisily on X, he warned that artificial intelligence companies were playing with the lives not simply of people, but of humanity itself, in a race to build self-improving models....
https://knews.kathimerini.com.cy/en/business/finance-ministry-puts-hourly-workers-demands-at-€50m-as-strike-looms
The Finance Ministry has put the total cost of the demands submitted by unions representing hourly-paid workers at around €50 million over the three-year period of the proposed agreement, as a strike remains scheduled for Thursday, September 17....
https://knews.kathimerini.com.cy/en/news/nearly-three-years-in-cold-storage-audit-exposes-failures-at-paphos-morgue
A body remained in refrigerated storage at Paphos General Hospital for 1,040 days, almost three years, as serious problems at the hospital morgue went unresolved, according to a new Audit Service report....
https://knews.kathimerini.com.cy/en/life/cyprus-clocks-in-stressed-as-workplace-anxiety-ranks-third-in-eu
If your working day feels like a race against the clock, with too much to do, too little time, and the occasional headache thrown in for good measure, you are far from alone....
https://knews.kathimerini.com.cy/en/news/limassol-company-loses-€105-000-after-fraudsters-hijack-supplier-email
A Limassol company has been left €105,000 out of pocket after fraudsters impersonated one of its overseas suppliers and redirected a payment into a bank account controlled by the scammers....
https://knews.kathimerini.com.cy/en/business/government-hourly-paid-staff-to-strike-on-thursday
More than 11,000 hourly-paid workers across government services, schools and public hospitals are set to strike on Thursday, September 17, in a dispute over pay and employment conditions....
https://knews.kathimerini.com.cy/en/news/the-cost-of-pension-reform
The picture surrounding pension reform continues to shift as the government and social partners discuss new scenarios and raise fresh concerns—all before the actuarial studies needed to confirm the Social Insurance Fund’s long-term stability have been completed....
https://knews.kathimerini.com.cy/en/news/germany-sends-more-than-150-russians-home-as-drone-dispute-deepens
More than 150 employees of Russian missions and members of their families have been ordered to leave Germany as relations between Berlin and Moscow sink to a new low....
https://knews.kathimerini.com.cy/en/news/did-netanyahu-know-oct-7-was-coming
It was the early hours of Saturday, Oct. 7, 2023, when thousands of armed Hamas fighters crossed from the Gaza Strip in a coordinated assault on southern Israel, killing civilians and taking hostages. ...
https://knews.kathimerini.com.cy/en/news/ai-researcher-quits-and-warns-the-ai-race-is-getting-dangerously-out-of-control
An artificial intelligence researcher has quit one of the world’s leading AI companies with a warning that is difficult to ignore: the race to build smarter machines is moving faster than efforts to keep them safe....
https://knews.kathimerini.com.cy/en/business/coral-cyprus-shell-licensee-supports-the-5km-corporate-race-at-the-1st-cablenet-famagusta-run
Coral Cyprus (Shell Licensee) is participating as a sponsor of the 5km Corporate Race at the 1st Cablenet Famagusta Run, organised by Game On and taking place on Sunday, 11 October 2026, in the Famagusta District, with the race starting at 9:30 a.m.
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https://knews.kathimerini.com.cy/en/news/larnaca-kindergarten-kept-taking-children-after-losing-its-registration
A kindergarten in the Larnaca district continued accepting children even after its registration certificate had been withdrawn, Social Welfare Services have confirmed....
https://knews.kathimerini.com.cy/en/news/three-police-officers-suspended-as-misconduct-allegations-pile-up
Three police officers have been suspended in the space of two days as criminal allegations inside the force place those who enforce the law under scrutiny themselves....
https://knews.kathimerini.com.cy/en/business/brainrocket-s-cyprus-retreat-leaves-limassol-counting-the-cost
The BrainRocket signs have disappeared from Limassol, and behind them sits a much bigger question for Cyprus: How easy is it for the island to lose a major foreign employer?...
https://knews.kathimerini.com.cy/en/business/three-major-deals-await-the-regulators-green-light
Three deals are currently awaiting regulatory approval. Although entirely different in nature, all three have one thing in common: they must pass through the supervisory process....
https://knews.kathimerini.com.cy/en/news/three-months-without-pay-education-program-staff-take-to-the-streets
Workers in Ministry of Education programs are taking their demands to the Presidential Palace on Thursday after spending the summer without a salary or unemployment benefits....
https://knews.kathimerini.com.cy/en/news/workers-in-education-ministry-programs-to-march-through-nicosia-tomorrow
A protest by employees working under the Education Ministry’s support programs is expected to disrupt traffic in central Nicosia on Thursday morning, just as some schools begin classes for the new academic year....
https://knews.kathimerini.com.cy/en/news/cyprus-has-plenty-of-jobs-but-not-enough-workers
Employment in Cyprus is growing at a rapid pace, pushing unemployment close to record lows. This is positive for the country’s labor market, as it highlights the strength of the Cypriot economy and creates favorable prospects for growth. ...
https://knews.kathimerini.com.cy/en/business/leptos-estates-is-certified-as-a-great-place-to-work
Leptos Estates, the Leading Property development company in Cyprus, has been certified as a Great Place to Work® following the Trust Index™ employee survey. ...
