https://knews.kathimerini.com.cy/en/news/cyprus-tax-reform-bold-overhaul-aims-to-boost-economy-but-sparks-debate
Cyprus is preparing to implement its first major tax reform in over two decades, aiming to modernize the tax system, boost competitiveness, and align with international standards....
https://knews.kathimerini.com.cy/en/news/33east-unites-cyprus-startup-ecosystem-for-official-fund-launch
33East, a Cyprus-focused venture capital firm, is officially launching its debut fund with an event bringing together founders, investors, and key ecosystem leaders who share the vision of transforming Cyprus into a hive for innovation and entrepreneurship....
https://knews.kathimerini.com.cy/en/business/lidl-cyprus-remains-true-to-tradition-with-the-most-options-for-lent
The company welcomes Lent with quality, tradition and more than 75 fasting options, combining authentic flavors with innovative suggestions....
https://knews.kathimerini.com.cy/en/business/fintech-giants-eye-cyprus-small-banks-in-race-for-european-banking-licenses
Cyprus’ small banks have become prime targets for global fintech companies and financial institutions, with potential acquisitions aimed at securing a European banking license. ...
https://knews.kathimerini.com.cy/en/news/private-company-constructs-power-plant-in-mari-without-permits
A private company has built key infrastructure to support the operation of a privately owned power plant in Mari without obtaining the necessary permits, according to a special report by the Audit Office....
https://knews.kathimerini.com.cy/en/life/a-grain-of-hope-varosha-mayor-brings-sand-to-honor-refugee-s-final-resting-place
The funeral of Pieris Pieri, a respected mathematician and deputy principal of the First Gymnasium of Famagusta, became a powerful moment of bicommunal unity....
https://knews.kathimerini.com.cy/en/news/putin-gives-green-light-for-western-companies-to-return-but-on-russia-s-terms
Russian President Vladimir Putin has opened the door for Western companies to return to Russia, but not without conditions....
https://knews.kathimerini.com.cy/en/news/cyprus-strikes-energy-deals-but-‘aphrodite-gas-delayed-until-2031
Last Friday marked the conclusion of long-running negotiations between the Republic of Cyprus and the consortium developing the Aphrodite gas field, led by U.S. energy giant Chevron. ...
https://knews.kathimerini.com.cy/en/news/tatar-insists-on-partition
Turkish Cypriot leader Ersin Tatar has reiterated his firm opposition to a federal solution for Cyprus, insisting that the 2017 Crans-Montana negotiations marked the final attempt at reunification under a bizonal, bicommunal federation....
https://knews.kathimerini.com.cy/en/business/lidl-cyprus-goes-ahead-with-new-additional-financial-benefits-of-€450-000
Lidl Cyprus is rewarding the collective effort and contribution of its team by providing additional financial benefits totaling €450,000 to boost its income. At the same time, as from March 1, 2025, it’s establishing the minimum wage for its employees at €1,220 gross....
https://knews.kathimerini.com.cy/en/news/is-palodeia-the-future-of-higher-education-in-cyprus
The University of Limassol (UoL), formerly known as CIIM, is set to relocate from central Limassol to Palodeia, as part of a large-scale, mixed-use development led by real estate firm bbf.
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https://knews.kathimerini.com.cy/en/business/big-us-companies-borrowing-in-europe-to-save-money
Big American companies are increasingly turning to Europe to borrow money at lower costs, taking advantage of cheaper interest rates compared to those in the US....
https://knews.kathimerini.com.cy/en/news/christodoulides-to-visit-us-in-april-to-boost-cyprus-investments
President Nicos Christodoulides’ upcoming official visit to the United States in April is focused on strengthening Cyprus’ ties with the US and attracting investments, part of a broader government strategy. ...
https://knews.kathimerini.com.cy/en/news/finance-minister-doubts-future-of-cyprus-greece-interconnector-project
Finance Minister Makis Keravnos said on Tuesday that he is not particularly optimistic about the Great Sea Interconnector (GSI) electricity interconnection project with Greece, especially while there are still serious political obstacles posed by Turkey....
https://knews.kathimerini.com.cy/en/business/millions-spent-little-progress-how-government-failures-derailed-the-paphos-polis-road-project
The Paphos-Polis Chrysochous road project has become a financial and legal mess, with millions already spent but little to show for it. Delays, contract disputes, and a legal loophole are holding up the project’s completion,...
https://knews.kathimerini.com.cy/en/news/gunman-opens-fire-on-limassol-investment-firm
Authorities are racing to track down a gunman who opened fire outside an investment company’s offices in Limassol in the early hours of Friday, February 7....
https://knews.kathimerini.com.cy/en/news/cyprus-moves-to-ease-car-recall-chaos-with-rental-cars-and-free-bus-passes
The government is stepping in to help drivers impacted by the Takata airbag recall by arranging discounted rental cars and free public transport passes for those whose vehicles have been immobilized....
https://knews.kathimerini.com.cy/en/news/trump-signs-order-banning-transgender-women-from-women-s-sports
In a controversial move that’s stirring up strong opinions across the country, President Donald Trump signed an executive order on Wednesday to ban transgender women from competing in women’s sports. ...
https://knews.kathimerini.com.cy/en/news/simon-aykut-allegedly-threatened-president-christodoulides
Simon Aykut, an Israeli property developer and founder of the controversial Afik Group, is awaiting trial in Cyprus, facing serious accusations that he threatened the country’s president, Nicos Christodoulides. ...
https://knews.kathimerini.com.cy/en/news/eu-warns-of-strong-response-to-possible-us-tariffs
The European Union has expressed deep concern over potential US trade measures, cautioning that any tariffs imposed on European goods would trigger a firm response....
https://knews.kathimerini.com.cy/en/news/nick-kounoupias-global-head-of-ip-for-michael-kyprianou-law-firm-appointed-to-cyprus-ai-taskforce
We are thrilled to announce that Mr. Nick Kounoupias, Global Head of Intellectual Property at Michael Kyprianou LLC, has been appointed by the Cyprus Council of Ministers to the Cyprus AI Taskforce as approved by the Council of Ministers....
https://knews.kathimerini.com.cy/en/news/cyprus-sweeps-thailand-in-davis-cup-edges-closer-to-b-division
Cyprus' national tennis team delivered a stellar performance in Nicosia on Saturday, securing a dominant 4-0 victory over Thailand in the Davis Cup. With this win, Cyprus advances to the final phase of the play-offs, bringing them closer to a coveted spot in the B division of the Davis Cup World Cup....
https://knews.kathimerini.com.cy/en/business/nasdaq-listed-freedom-24-is-making-its-mark-in-cyprus-and-beyond
When Timur Turlov, the CEO of Freedom Holding Corp., set his sights on Cyprus, he saw more than just a financial hub—he saw opportunity. In a market where fintech companies are staking their claims, ...
https://knews.kathimerini.com.cy/en/news/how-abramovich-evaded-millions-in-taxes-using-cyprus
A massive tax evasion scheme tied to Roman Abramovich’s superyachts has been uncovered, shedding light on how the Russian billionaire exploited Cyprus’ offshore business environment. Leaked documents reveal that from 2005 to 2012, Abramovich’s companies set up a fake yacht-leasing business in Cyprus to dodge EU taxes on his luxury vessels....
https://knews.kathimerini.com.cy/en/news/paphos-eoa-demands-demolition-of-illegal-latchi-tourist-complex
The Paphos Provincial Self-Government Organization (EOA) has filed a lawsuit to stop illegal construction at a tourist apartment complex in Latchi....
https://knews.kathimerini.com.cy/en/news/archbishop-warns-of-a-return-to-the-dark-ages-and-accuses-tychikos-of-being-a-puppet
''We must not return to the Dark Ages,'' declared Archbishop George of Cyprus on Friday....
https://knews.kathimerini.com.cy/en/news/data-center-emissions-skyrocket-662-beyond-what-they-claim
A analysis by The Guardian reveals that the actual greenhouse gas emissions from Google, Microsoft, Meta, and Apple’s data centers may be 7.6 times higher than what these companies officially report....
https://knews.kathimerini.com.cy/en/business/new-€26-million-fund-to-boost-startups-in-cyprus
33East, a venture capital firm based in Cyprus, has launched its first fund with an initial close of €26 million. ...
https://knews.kathimerini.com.cy/en/news/from-non-aligned-neutrality-to-pro-western-alignment
Cyprus’ foreign policy has undergone a significant transformation over the decades, moving from a stance of non-alignment to a strong pro-Western orientation, particularly after its accession to the European Union. This shift, however, was not a simple one and reflects the island’s unique political challenges....
https://knews.kathimerini.com.cy/en/news/government-accused-of-using-foreign-companies-to-access-citizen-data
The Office of the Commissioner for Personal Data Protection clarified on Friday that no foreign or domestic company has direct access to government IT systems, records, or databases for issuing fines...
