https://knews.kathimerini.com.cy/en/business/cyprus-aims-for-75-of-businesses-to-use-ai-by-2030
The Cabinet has approved a national artificial intelligence strategy that sets goals for businesses, investment, skills, infrastructure and regulation. ...
https://knews.kathimerini.com.cy/en/business/cyprus-fintech-bet
Cyprus has built a foothold in payments. Whether it can use that strength to establish itself as a European fintech hub will depend on how it tackles some of the barriers that still make it hard to do business across the EU, Lucia Pecchini, secretary-general of the European FinTech Association (EFA), told Kathimerini....
https://knews.kathimerini.com.cy/en/business/when-microsoft-went-down-businesses-turned-to-phones-and-faxes
A financial firm in Taiwan confirmed trades by fax. British insurer Aviva passed audio recordings over Bluetooth. And European stock exchange operator Euronext asked listed companies to pick up the phone....
https://knews.kathimerini.com.cy/en/business/stavros-timotheou-appointed-senior-leader-and-member-of-the-board-of-management
K. Treppides & Co Ltd is proud to announce the appointment of Stavros Timotheou as Senior Leader and Member of the Board of Management of the Group, effective 6 November 2026.
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https://knews.kathimerini.com.cy/en/business/eurozone-inflation-remains-stubbornly-high-as-ecb-prepares-another-rate-hike
The European Central Bank is expected to increase interest rates again in December, with inflation running at twice its target and uncertainty over energy costs keeping policymakers under pressure. While most economists believe the decision will mark the final increase in the current tightening cycle, more than a third anticipate another hike in early 2027....
https://knews.kathimerini.com.cy/en/business/tens-of-thousands-left-without-access-to-microsoft-services-following-global-disruption
A major Microsoft service disruption has left tens of thousands of users worldwide experiencing difficulties accessing essential workplace applications, including Outlook, Microsoft Teams and its artificial intelligence platform Copilot....
https://knews.kathimerini.com.cy/en/business/pwc-cyprus-and-the-university-of-cyprus-strengthen-their-collaboration
PwC Cyprus and the University of Cyprus have signed a Memorandum of Understanding (MoU), strengthening their collaboration and bringing academia and the business community closer together.
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https://knews.kathimerini.com.cy/en/news/€800-000-offered-to-kill-limassol-man-in-remote-controlled-car-bombing-plot
Four men have been remanded in custody for eight days in connection with an alleged assassination plot targeting a former convict in Limassol, with police continuing their search for two additional suspects believed to have been involved....
https://knews.kathimerini.com.cy/en/news/big-bank-profits-bigger-plans-for-shareholder-payouts
Banks operating in Cyprus and Greece reported nine-month results that lay solid foundations for a strong 2027. Profits topped €1 billion in some cases, helped substantially by net interest income as interest rates moved in the banks’ favor....
https://knews.kathimerini.com.cy/en/news/former-energy-minister-alleges-business-interests-stood-in-the-way-of-cheaper-electricity
Former Energy Minister Giorgos Papanastasiou has alleged that business interests with political connections interfered with plans for the Vasiliko gas terminal, a project meant to help Cyprus produce electricity at a lower cost....
https://knews.kathimerini.com.cy/en/business/freedom-s-european-brokerage-business-wins-two-finance-magnates-awards-2026
Freedom, the European brokerage business of Freedom Holding Corp., has won two categories at the Finance Magnates Awards 2026: Best Brokerage Services Provider 2026 and Best Multi-Asset Investment Provider 2026.
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https://knews.kathimerini.com.cy/en/news/cyprus-national-ai-strategy-goes-to-cabinet
Cyprus’ National Artificial Intelligence Strategy goes before the Cabinet at 3:30 p.m. Tuesday and is expected to win approval. Nicodemos Damianou, deputy minister of research, innovation and digital policy, finalized the strategy after public consultation....
https://knews.kathimerini.com.cy/en/news/cyprus-records-92-drop-in-irregular-migration-since-2022
Cyprus has recorded a 92% reduction in irregular migration flows since 2022, with sea arrivals brought to a halt and crossings along the Green Line sharply reduced, Deputy Minister of Migration Nikolas Ioannides told MPs on Monday....
https://knews.kathimerini.com.cy/en/news/olga-vasilieva-s-handbag-found-in-clothing-recycling-bin
Police have recovered the handbag of 61-year-old Olga Vasilieva from a clothing recycling bin as investigators continue to piece together the circumstances surrounding her killing....
https://knews.kathimerini.com.cy/en/business/lidl-launches-international-christmas-campaign
At the heart of this year's Christmas campaign is Niko the Nutcracker. As the figurehead of the campaign, he breaks free from his traditional role and invites everyone to rediscover the magic of enjoyment. With high quality, a wide variety of products and affordable prices, Lidl makes these special moments of enjoyment accessible to everyone. The campaign is complemented by a vegetarian Christmas menu and national donation initiatives, such as the Corporate Social Responsibility campaign supporting the Cyprus Anti-Cancer Society.
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https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-introduces-cyprus-first-ai-banking-assistant
Bank of Cyprus has become the first bank in Cyprus to offer an AI banking assistant with the launch of DANAI, a new digital service that harnesses Artificial Intelligence to make everyday banking support even simpler and more immediate. Through the Bank’s Mobile App, customers can quickly receive answers to everyday banking questions at any time of the day.
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https://knews.kathimerini.com.cy/en/business/fitch-upgrades-cyprus-to-‘a-on-strength-of-public-finances
Cyprus has received another credit rating upgrade, with Fitch Ratings raising the country’s long-term rating from ‘A-’ to ‘A’, citing strong public finances, falling debt levels and continued economic growth....
https://knews.kathimerini.com.cy/en/news/gsi-s-final-cost-remains-unclear
The Great Sea Interconnector (GSI) still lacks a reliable final cost estimate and a firm timetable for completing its assessment, as the European Investment Bank awaits clarification of crucial technical, financial and contractual details....
https://knews.kathimerini.com.cy/en/business/cyprus-falls-behind-in-the-race-to-become-a-regional-trade-hub
Cyprus’ ambition to become a regional trade hub is running up against reality. Its strategic location offers clear advantages, but turning those advantages into a competitive trading center remains a distant prospect....
https://knews.kathimerini.com.cy/en/news/how-democrats-won-ground-in-rural-america-and-took-congress
Kirsten is from Seattle, has lived in Cyprus for many years and goes back to the United States at least once a year to visit family. She voted from Cyprus in Tuesday’s midterms,...
https://knews.kathimerini.com.cy/en/news/ancient-sanctuary-and-settlement-uncovered-in-nicosia-district
Archaeological investigations in the Peristerona River valley have identified evidence of an Iron Age sanctuary and a settlement linked to copper production, offering new insight into the area's history during antiquity....
https://knews.kathimerini.com.cy/en/business/cyprus-s-external-gap-widens-as-growth-holds-up
Cyprus’s economy continues to expand, but the widening imbalance in its external accounts deserves closer attention. The current account records earnings and payments between Cyprus and the rest of the world, covering trade, investment income and transfers (e.g., from the European Commission). The Central Bank of Cyprus’s revised figures put the 2025 deficit at 8.8% of GDP, compared with 6.4% previously reported (Figure 1). By contrast, the 2024 deficit was revised to 5.5% of GDP, down from 8.2% previously reported. These changes show that the gap widened in 2025, reversing the earlier picture of improvement. Figures for the first six months of 2026 show further pressure.
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https://knews.kathimerini.com.cy/en/news/hotel-demolition-in-lapithos-opens-new-search-for-cyprus-missing
Nearly four decades after a worker reported finding human remains beneath a hotel under construction in Lapithos, archaeologists are watching the unfinished building come down. ...
https://knews.kathimerini.com.cy/en/news/cyprus-‘fbi-arrests-26-in-nationwide-drug-operation-video
Cyprus’ new organized crime unit arrested 26 people Thursday in a nationwide operation targeting a suspected drug trafficking network and the money police believe helped keep it running....
https://knews.kathimerini.com.cy/en/news/eu-and-uk-near-deal-to-cut-university-tuition-fees-for-european-students
European students could soon pay less to study at universities in the United Kingdom, as the EU and British government approach an agreement on tuition fees that increased significantly following Brexit....
https://knews.kathimerini.com.cy/en/news/cyprus-banks-must-hold-extra-capital-to-continue-lending-in-a-crisis
Markets are volatile, the war in the Middle East shows no sign of ending, and inflation continues to rise. The energy crisis is deepening concerns, while the prices of goods and fuel remain high. ...
https://knews.kathimerini.com.cy/en/business/freedom24-plans-geneva-office-for-q1-2027-deepening-ties-with-swiss-finance-and-research
Geneva combines international finance, wealth management and institutional trust with access to world-class research and innovation. Freedom24 sees opportunities to connect its digital financial expertise and the group’s technological capabilities with Switzerland’s financial and scientific ecosystem.
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https://knews.kathimerini.com.cy/en/news/cyprus-shoppers-bought-more-in-september-then-grew-less-confident
Drivers in Cyprus spent 29.3% more on fuel in September than they did a year earlier, even though they bought slightly less of it. At clothing and shoe shops, the picture was different. Sales rose 22.5% after adjusting for price changes....
https://knews.kathimerini.com.cy/en/business/more-than-€1-billion-spent-on-measures-to-curb-rising-prices-since-2023
The Government has allocated more than €1 billion since 2023 to help households cope with rising living costs, Finance Minister Makis Keravnos said, pointing to five support packages introduced in response to imported inflation and the energy crisis....
https://knews.kathimerini.com.cy/en/life/life-lessons-you-wish-you-d-known-at-20
These are the life lessons most people only learn the hard way by their forties. Knowing them earlier can change how you handle responsibility, relationships, self-worth, and the slow work of building a life that actually feels good....
