https://knews.kathimerini.com.cy/en/news/costa-and-von-der-leyen-press-for-renewed-cyprus-settlement-efforts
The European Union has expressed optimism that recent diplomatic engagement could help revive efforts to resolve the Cyprus issue, following talks between senior EU officials and Turkish President Recep Tayyip Erdoğan....
https://knews.kathimerini.com.cy/en/business/cyprus-eyes-first-energy-exports-from-2028
Cyprus expects to begin exporting energy from its own natural gas reserves within the next few years, with the first shipments of gas planned through Egypt's liquefied natural gas facilities from 2028 onwards, Energy Minister Michalis Damianos has said....
https://knews.kathimerini.com.cy/en/business/israel-launches-fifth-offshore-bidding-round-to-expand-natural-gas-reserves
Israel has launched its fifth offshore bidding round to explore for additional natural gas within its economic waters, an initiative aimed at expanding domestic reserves and securing a larger footprint in the regional export market....
https://knews.kathimerini.com.cy/en/business/business-lending-loses-momentum-because-of-the-middle-east-conflict
Bank lending in Cyprus had been on a strong upward trend for the past year and a half, but the war involving the United States, Israel, and Iran brought that pace to a stop. As a result, forecasts of slower credit growth were confirmed in March, even though Cyprus continues to perform well economically....
https://knews.kathimerini.com.cy/en/business/cyprus-climbs-the-global-competitiveness-rankings
Cyprus' economy is showing encouraging progress in competitiveness, ranking 42nd out of 70 economies in this year's IMD World Competitiveness Yearbook. The country improved by two places compared with last year, climbing from 44th in 2025....
https://knews.kathimerini.com.cy/en/news/cyprus-gas-fields-declared-ready-for-development
Most Cypriots have heard about ''Cyprus natural gas'' for years, usually alongside big announcements, technical terms, and long timelines. Now, there is another step forward, but again, the benefits are still far from the kitchen table....
https://knews.kathimerini.com.cy/en/business/ceasefire-boosts-economic-outlook-but-inflation-remains-a-concern
The ceasefire has not eliminated the economic risks stemming from the conflict involving the United States, Israel, and Iran. However, there are growing signs that economic conditions may gradually return to their pre-war state....
https://knews.kathimerini.com.cy/en/news/strait-of-hormuz-reopening-depends-on-mine-clearance-effort
The agreement between Washington and Tehran has increased expectations that commercial shipping and energy exports through the Strait of Hormuz can resume without disruption. President Donald Trump stated on Sunday that oil shipments from both directions would continue, helping calm fears of supply shortages in global markets....
https://knews.kathimerini.com.cy/en/news/cyprus-energy-gamble-enters-a-new-phase-with-us-greece-and-israel-partnership
As wars, political tensions, and concerns over energy security reshape the global landscape, Cyprus is positioning itself not simply as a small island importing fuel but as a potential energy player connecting the Eastern Mediterranean with Europe....
https://knews.kathimerini.com.cy/en/news/eu-unveils-21st-round-of-sanctions-against-russia
The European Commission has proposed a new package of sanctions targeting Russia, expanding restrictions across energy, finance, trade and fisheries. Commission President Ursula von der Leyen announced the measures on Tuesday, describing them as part of the EU's continued response to Russia's invasion of Ukraine....
https://knews.kathimerini.com.cy/en/news/us-missile-strike-disables-cargo-ship-attempting-to-breach-iran-blockade
The United States military says it has taken action against a merchant vessel that attempted to enter an Iranian port despite restrictions imposed under Washington's maritime blockade....
https://knews.kathimerini.com.cy/en/business/timur-turlov-presents-freedom-case
On 26 May, Timur Turlov, CEO of Freedom Holding Corp., a parent company of Freedom24, addressed MBA students at Stanford University in California. The session marked the first academic case study at the Stanford Graduate School of Business (GSB) dedicated to the corporate strategy of a Central Asian company....
https://knews.kathimerini.com.cy/en/life/limassol-s-economic-transformation-through-the-centuries
Limassol is one of the clearest examples in the Eastern Mediterranean of a city that transformed its economic identity over the centuries. What began as a small farming settlement gradually developed into a complex economic hub with international reach. Its geographic position, historical circumstances, and the adaptability of its people shaped a dynamic economic journey....
https://knews.kathimerini.com.cy/en/news/cabinet-moves-ahead-on-cyprus-gas-deal-and-free-breakfast-program-for-children
Cyprus is moving forward with two major government initiatives this week, one focused on natural gas exports and the other on helping families with young children....
https://knews.kathimerini.com.cy/en/news/us-gas-now-supplies-most-of-europe-s-lng-imports
Europe imported more liquefied natural gas than ever before in 2025, according to a new report from the European Union Agency for the Cooperation of Energy Regulators (ACER). The findings show how LNG has become a central part of the continent’s energy supply after European countries reduced purchases of Russian gas....
https://knews.kathimerini.com.cy/en/business/freight-transport-rises-in-cyprus-as-trade-and-domestic-movement-pick-up
Road freight transport in Cyprus increased in the final quarter of 2025, with both domestic and international cargo activity showing steady growth over the year, according to new figures released Friday by the Statistical Service of Cyprus....
https://knews.kathimerini.com.cy/en/business/halloumi-recipe-changed-as-effects-of-foot-and-mouth-hit-milk-supply
Cyprus’ most famous cheese is once again at the center of a growing crisis after the government announced it will temporarily reduce the amount of goat and sheep milk required in halloumi production because of the ongoing foot-and-mouth disease outbreak....
https://knews.kathimerini.com.cy/en/business/cia-doubts-iran-is-close-to-collapse-despite-trump-claims-war-may-soon-end
A classified CIA assessment delivered to the US government this week has concluded that Iran could withstand a US naval blockade for at least three to four months before facing more serious economic strain, according to multiple US officials cited by The Washington Post....
https://knews.kathimerini.com.cy/en/news/foot-and-mouth-vaccination-showing-results-as-spread-slows-cyprus-expert-says
Cyprus is seeing early signs that its vaccination campaign against foot-and-mouth disease is working, with the spread of the virus now showing clear signs of slowing, a senior official said Thursday....
https://knews.kathimerini.com.cy/en/news/cyprus-weighs-fate-of-rare-livestock-breeds-as-foot-and-mouth-cases-climb-to-108
A decision on how to handle rare livestock breeds affected by foot-and-mouth disease (FMD) in Nicosia and Larnaca is expected within days, as authorities continue efforts to control the outbreak and assess its impact on the agricultural sector....
https://knews.kathimerini.com.cy/en/business/us-challenges-eu-protection-of-feta-in-move-that-could-also-concern-cyprus
The United States has taken aim at European rules protecting products such as Greek feta cheese, arguing that the EU’s system for protected food names unfairly blocks American producers from selling their goods in international markets....
https://knews.kathimerini.com.cy/en/business/cyprus-economy-still-growing-but-cracks-may-be-starting-to-show
Cyprus’ economy continues to show steady growth, underlining its flexibility and resilience in the face of external shocks such as the ongoing Russia-Ukraine war and recent conflicts in the Middle East....
https://knews.kathimerini.com.cy/en/news/farmers-weigh-next-move-after-doors-close-on-talks-with-president
Livestock farmers in Cyprus are set to meet in the coming days to decide their next steps after failing to secure a meeting with the president over the mass culling of animals linked to the ongoing foot-and-mouth disease response....
https://knews.kathimerini.com.cy/en/news/1-cyprus-economy-grows-3-8-in-2025-as-spending-and-exports-rise
Cyprus’ economy kept a steady pace in 2025, with growth holding at 3.8% in real terms. In current prices, GDP rose by 4.9%....
https://knews.kathimerini.com.cy/en/business/eu-increases-russian-lng-imports-despite-looming-energy-ban
The European Union has significantly increased its reliance on liquefied natural gas (LNG) from Russia in early 2026, despite its stated goal of phasing out all Russian gas imports within the next two years....
https://knews.kathimerini.com.cy/en/business/newmed-energy-signs-deal-to-export-100-bcm-from-cyprus-s-aphrodite-field-to-egypt
A new agreement is taking shape around the development of Cyprus’s Aphrodite gas field, as NewMed Energy moves forward with plans to export natural gas to Egypt....
https://knews.kathimerini.com.cy/en/business/oil-prices-drop-but-drivers-aren-t-seeing-relief-at-the-pump
Even if tensions in the Persian Gulf begin to ease, a quick return to lower energy prices is unlikely. Reopening the Strait of Hormuz, a vital route for global oil and gas shipments, would certainly help restore supply. However, it is only one step in the recovery process....
https://knews.kathimerini.com.cy/en/news/cyprus-sets-course-for-offshore-gas-production-by-2027-2028
Cyprus is aiming to begin producing natural gas from offshore reserves between late 2027 and early 2028, according to Energy Minister Michalis Damianos. ...
https://knews.kathimerini.com.cy/en/news/we-are-at-the-tip-of-the-iceberg-new-fmd-cases-push-cyprus-outbreak-to-49-herds
Cyprus’ Veterinary Services have confirmed three additional outbreaks of foot-and-mouth disease (FMD) within the containment zone of Dromolaxia-Meneou in Larnaca, following recent epidemiological checks and laboratory analysis....
https://knews.kathimerini.com.cy/en/comment/opinion/does-war-create-opportunities-for-the-economy
The ever-increasing duration of military operations in Iran shows no sign of ending anytime soon unless the United States and Israel choose to step back. While that option is at least being considered in Washington, along with the search for a pretext, it appears inconceivable in Israel to retreat from what it has framed as its own ''mother of all battles.''...
