https://knews.kathimerini.com.cy/en/business/revolut-outage-reveals-banks-vulnerability-to-cloud-service-failures
The disruption to Revolut services caused by a Google Cloud failure on October 20 has drawn attention to the reliance of everyday banking on external technology providers and the challenges financial institutions face when essential digital systems become unavailable....
https://knews.kathimerini.com.cy/en/news/troodos-asbestos-mine-among-sites-covered-by-€302-400-in-public-tenders
Two public infrastructure contracts with a combined estimated value of €302,400 excluding VAT are now under evaluation following the closure of bidding on Tuesday, with works planned at the former Amiantos Mine and long-term maintenance of wastewater facilities at Troodos Camp....
https://knews.kathimerini.com.cy/en/news/kronos-deal-is-historic-but-cyprus-may-gain-little-expert-warns
Cyprus is closer than ever to exporting its own natural gas, but the financial benefits for the country could be much smaller than many hope, energy expert Charles Ellinas has warned....
https://knews.kathimerini.com.cy/en/business/gdp-growth-accelerates-in-q2-on-strong-consumption-and-investment
Despite the deterioration in the global economic environment following the outbreak of the US-Iran war, the Cypriot economy remained resilient in Q2 2026, with GDP growth accelerating to 3.3%YoY, from 3.0%YoY in the previous quarter. ...
https://knews.kathimerini.com.cy/en/business/pwc-cyprus-strengthens-its-leadership-team-with-three-new-partners
PwC Cyprus announces that Michalis Zourides , Lambros Kyriakides and Panayiotis Hadjiconstantinou will join the firm's Partnership, assuming their roles as Partners effective 1 January 2027.
...
https://knews.kathimerini.com.cy/en/news/cyprus-among-eu-countries-targeted-by-russia-linked-cyberattacks
Cyprus is among nine EU member states where cyberattacks or sabotage incidents linked to Russia have been reported, according to a new briefing by the European Parliamentary Research Service (EPRS), as European countries face increasing pressure from hostile activities that fall short of open warfare....
https://knews.kathimerini.com.cy/en/news/heading-to-london-oxford-street-now-belongs-to-pedestrians
If your London shopping routine involves stepping off a bus on Oxford Street or hailing a black cab once the bags become too heavy, it is time to rethink the route....
https://knews.kathimerini.com.cy/en/business/trouble-in-the-financial-shadows-is-cyprus-ready
When inflation began to run out of control in the 1970s, a provision of the Glass-Steagall framework, then approaching its 40th anniversary, began to make its presence felt in the markets....
https://knews.kathimerini.com.cy/en/life/europe-s-gen-z-takes-to-the-streets-why-is-cyprus-so-quiet
Gen Z uprisings in at least seven European countries have dominated international debate over the past week, drawing other age groups into mass demonstrations. ...
https://knews.kathimerini.com.cy/en/news/state-saves-€20-million-a-year-on-new-hires-starting-pay
The state saves €20.1 million annually by reducing entry-level pay scales for new civil service hires by 10%. The Finance Ministry has no intention of abolishing or revising the measure, which applies for 24 months....
https://knews.kathimerini.com.cy/en/news/cypriots-urged-to-donate-blood-as-shortages-delay-transfusions-and-surgery
Cyprus is facing renewed pressure to secure enough blood for patients, with shortages forcing delays to transfusions and planned operations. MPs and patient representatives have called for urgent action, additional staffing and a national plan to ensure hospitals can meet demand....
https://knews.kathimerini.com.cy/en/news/nexans-sets-2028-target-for-greece-cyprus-cable-production-restart
French cable manufacturer Nexans expects production of the submarine cable for the Great Sea Interconnector (GSI), the planned electricity link between Greece and Cyprus, to restart in 2028, while continuing to pursue other projects to keep its production facilities occupied....
https://knews.kathimerini.com.cy/en/news/legal-snag-complicates-larnaca-port-and-marina-plans
The government is seeking a legal solution to keep Larnaca’s port and marina redevelopment moving, after the Legal Service said the marina’s development must go to an open tender rather than be assigned directly to the Cyprus Ports Authority....
https://knews.kathimerini.com.cy/en/business/maria-xenophontos-appointed-principal-in-audit-assurance-and-member-of-the-board-of-k-treppides-co
K. Treppides & Co Ltd is pleased to announce the appointment of Maria Xenophontos as Principal in the Audit and Assurance Department and Member of the Board of Directors, effective 1 October 2026.
...
https://knews.kathimerini.com.cy/en/news/when-your-ai-assistant-gets-the-keys-to-your-bank-account
Checking the balance, sorting the bills, finding where the salary went: There is plenty of household banking most people would happily leave to an assistant. But what happens when that assistant can act on your account and does something you never asked it to do?...
https://knews.kathimerini.com.cy/en/news/social-workers-strike-warning-paperwork-is-taking-time-from-people-in-need
For a family seeking urgent help or a child needing protection, time with a social worker matters. But the officers responsible for that support say too much of their working day is being swallowed by paperwork, extra duties and an ever-growing number of cases....
https://knews.kathimerini.com.cy/en/news/cyprus-presses-eu-to-clarify-mutual-defense-plans
President Nikos Christodoulides has called on the European Union to resume discussions on its mutual defense commitments, warning that the bloc must be prepared to respond collectively to armed aggression against any member state....
https://knews.kathimerini.com.cy/en/news/scholarship-foundation-still-clearing-2019-applications
The Cyprus State Scholarship Foundation continues to process applications that date back to 2019, according to its president, while facing staff shortages and missing resources following the transfer of responsibilities from the abolished Independent Social Support Body....
https://knews.kathimerini.com.cy/en/business/rising-fuel-costs-put-pressure-on-cyprus-airways-ticket-prices
Cyprus Airways is preparing for a new phase of growth following a period of stabilization after the serious difficulties it faced in 2024. The airline is gradually changing its ownership structure, expanding its fleet, adding destinations and improving its services....
https://knews.kathimerini.com.cy/en/business/indian-rupees-transactions-through-bank-of-cyprus
Transactions for businesses and individuals
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https://knews.kathimerini.com.cy/en/business/iphones-stolen-during-french-riots-reportedly-disabled-and-tracked
The stolen iPhone came with an unwelcome message: It had been disabled and was being tracked....
https://knews.kathimerini.com.cy/en/news/cyprus-pledges-€25-million-for-power-cable-stays-silent-on-the-rest
As the Cyprus–Crete electricity interconnector awaits a return to activity, the temporary suspension of survey work in 2014 helped ease tensions between Greece’s Independent Power Transmission Operator, ADMIE, and the Cypriot regulatory authorities, mainly over financial matters....
https://knews.kathimerini.com.cy/en/news/cyprus-nears-€150-million-deal-for-israeli-naval-vessels-and-weapons
Cyprus is close to a roughly €150 million agreement to buy Israeli naval vessels and weapons systems, a significant defense purchase for an island whose security interests extend from its coastline to its offshore energy resources....
https://knews.kathimerini.com.cy/en/news/john-christodoulou-weighs-presidential-run-citing-bills-wages-and-safety
Wages that fail to keep up with bills, families struggling to afford the basics and people feeling unsafe in their neighborhoods: businessman John Christodoulou says these are among the reasons he is seriously considering running for president....
https://knews.kathimerini.com.cy/en/news/two-porsches-€10-in-the-bank-and-inherited-water-inside-mps-finances
A London apartment, €200,000 worth of furniture, bank accounts holding loose change and an inheritance of ''running water'' are among the standout details in MPs’ asset declarations....
https://knews.kathimerini.com.cy/en/news/more-time-to-file-your-cyprus-tax-return-without-extra-charges
If your 2025 tax return is still sitting on your to-do list, there is some breathing room: Cyprus’ Tax Department says you can file and pay by Nov. 30, 2026, without interest or financial charges....
https://knews.kathimerini.com.cy/en/news/a-decent-salary-an-empty-account-living-from-payday-to-payday
Payday arrives, and for a moment, the bank balance looks reassuring. Then the bills start coming out....
https://knews.kathimerini.com.cy/en/business/cyprus-links-€25-million-gsi-payment-to-greek-navtex
Cyprus has linked its planned €25 million payment for the Great Sea Interconnector (GSI) to the Greek government issuing a NAVTEX before the end of October, Energy Minister Michalis Damianou said on Monday....
https://knews.kathimerini.com.cy/en/news/aphrodite-gas-agreements-expected-to-be-signed-in-egypt-this-week
Getting Cyprus’ offshore gas out of the seabed and onto the market takes more than a pipeline. It also means agreeing who buys it, how it gets there and what financial rules apply....
https://knews.kathimerini.com.cy/en/news/the-illusion-of-cheap-fuel
The political paradox is that the state funds a public transport system that has failed to become a sufficiently reliable alternative for much of the population....