https://knews.kathimerini.com.cy/en/business/11-hotel-groups-go-private-on-water-with-€3m-state-backed-desalination-plan
Cyprus’ hotel industry is making a splash, literally. In response to mounting water concerns, 11 major hotel groups across Limassol, Larnaca, and Paphos have filed official applications to install small private desalination units on their premises....
https://knews.kathimerini.com.cy/en/news/denmark-kicks-off-eu-presidency-with-tough-talk-on-migration
Denmark officially launched its six-month presidency of the Council of the European Union this week, with a firm focus on tightening migration controls, boosting European defense, and strengthening economic competitiveness....
https://knews.kathimerini.com.cy/en/news/paralimni-scraps-car-free-plan-goes-for-a-greener-smarter-town-center
Big changes are coming to the heart of Paralimni, just not the kind originally planned....
https://knews.kathimerini.com.cy/en/news/high-society-scandal-deepens-with-63-more-in-the-frame
What started as a story of a glamorous socialite entangled with a well-known convict has now snowballed into one of the country’s most talked-about crime sagas, with another 63 people now on the police radar, bringing the total number of individuals linked to the case to over 100....
https://knews.kathimerini.com.cy/en/business/collaboration-between-cim-cyprus-business-school-and-ey-cyprus-ltd
EY Cyprus Ltd, in collaboration with CIM Cyprus Business School, has launched the EY Learn & Earn Program — a unique initiative developed with the strong support of ACCA....
https://knews.kathimerini.com.cy/en/news/eurobank-group-to-build-care-centre-and-independent-living-residences-for-people-with-disabilities
In a firm commitment to social inclusion and care of vulnerable groups, Eurobank is reinforcing its social role by announcing the development of a Day Care Centre for People with Disabilities over the age of 21, along with two Independent Living Residences for adults with autism....
https://knews.kathimerini.com.cy/en/business/cypriot-businesses-go-greener-as-hundreds-certified-in-nationwide-esg-initiative
Nearly 1,000 Cypriot businesses have joined a nationwide push toward sustainability, with two-thirds already certified under Environmental, Social, and Governance (ESG) standards, marking the first-year results of a collaborative interbank initiative aimed at promoting responsible business practices....
https://knews.kathimerini.com.cy/en/business/protect-cypriot-businesses-before-they-re-bought-out-chamber-chief-warns
The head of the Cyprus Chamber of Commerce and Industry (CCCI) is urging action to protect local businesses from being swallowed up by foreign interests, calling for targeted tax reforms and incentives to encourage homegrown mergers....
https://knews.kathimerini.com.cy/en/news/tatar-pitches-two-state-solution-on-british-tv
Turkish-Cypriot leader Ersin Tatar got a warmer welcome than expected during an appearance on TalkTV in the UK this week, where he pitched his two-state vision for Cyprus to a British audience. ...
https://knews.kathimerini.com.cy/en/news/cyprus-ready-to-send-aid-to-gaza-just-waiting-for-the-green-light
Foreign Minister Konstantinos Kompos said on Friday that Cyprus remains committed to delivering humanitarian aid to Gaza, expressing hope that concrete announcements will be made in the coming days through the island's Amalthea initiative....
https://knews.kathimerini.com.cy/en/business/1-freedom-holding-corp-reports-23-revenue-growth-for-fy2025-driven-by-strong-performance-across-brokerage-and-insurance-segments
Freedom Holding Corp. (FRHC), a diversified financial services firm and the founder of Freedom24, has announced its financial results for the fiscal year ended 31 March 2025. ...
https://knews.kathimerini.com.cy/en/business/cyprus-returns-to-three-systemic-banks-after-alpha-bank-cyprus-astrobank-deal
Cyprus is set to have three systemic banks again after Alpha Bank Cyprus signed a final agreement to acquire most of AstroBank’s assets and liabilities. The deal was officially signed Tuesday, June 24, 2025....
https://knews.kathimerini.com.cy/en/news/trump-on-israel-iran-ceasefire-they-don-t-know-what-the-f-they-re-doing
U.S. President Donald Trump lashed out at both Israel and Iran on Tuesday, accusing them of breaking a ceasefire agreement he had announced just hours earlier and saying the two longtime enemies ''don’t know what the f*** they’re doing.''...
https://knews.kathimerini.com.cy/en/business/cyprus-reinstates-abramovich-firm-to-go-after-directors-for-€25m-tax-debt
Cyprus is breathing life back into a defunct company once linked to Russian billionaire Roman Abramovich, not to do business, but to collect what it’s owed....
https://knews.kathimerini.com.cy/en/news/freedom-holding-corp-reports-23-revenue-growth-for-fy2025-driven-by-strong-performance-across-brokerage-and-insurance-segments
Freedom Holding Corp. (FRHC), a diversified financial services firm and the founder of Freedom24, has announced its financial results for the fiscal year ended 31 March 2025. ...
https://knews.kathimerini.com.cy/en/business/india-s-drone-power-lands-in-cyprus
Indian business interest in Cyprus is gaining momentum, with drone tech leader Drone Destination planning to set up shop on the island....
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-sells-€75m-worth-of-paphos-property-to-exness
The Bank of Cyprus has closed a major property deal with fintech firm Exness, selling land worth €75 million in Paphos, sources confirmed to Kathimerini Cyprus....
https://knews.kathimerini.com.cy/en/news/is-phedon-phedonos-gearing-up-for-2028
When Phedon Phedonos launched a fresh offensive from Paphos last month, accusing certain Cyprus-based forex companies of laundering dirty money and warning that the Cypriot economy was veering dangerously close to a “casino model,” it sent ripples through Nicosia....
https://knews.kathimerini.com.cy/en/business/bollywood-bots-and-big-bucks-as-cyprus-becomes-india-s-new-business-and-movie-hub
In a major boost to Cyprus’s economy and international standing, two Indian companies have officially announced their expansion into the country, with more than 20 others reportedly exploring similar moves....
https://knews.kathimerini.com.cy/en/news/nicosia-activates-crisis-response-as-israel-iran-tensions-escalate
In response to the latest Middle East crisis sparked by Israel’s missile strikes on Iran, Nicosia is sticking to its long-held stance that Cyprus serves as a humanitarian bridge between East and West....
https://knews.kathimerini.com.cy/en/news/uk-denies-involvement-of-cyprus-bases-in-israeli-strikes-on-iran
The United Kingdom has firmly denied allegations that its sovereign bases in Cyprus were used to support recent Israeli airstrikes on Iran, calling the claims “nonsense” and “deeply irresponsible.”...
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-cancer-center-hits-back-at-union-over-firing-dispute
The Oncology Center of the Bank of Cyprus expressed disappointment Tuesday over recent strike actions announced by unions OUYK-SEK and SEVETTYK-PEO, firmly rejecting claims of illegal or irregular employee dismissal....
https://knews.kathimerini.com.cy/en/news/from-the-mekong-to-the-med-how-cyprus-and-cambodia-are-crafting-a-new-global-alliance
In an exclusive with His Excellency Salah Essa, Honorary Consul of Cyprus to Cambodia, we uncover how two countries, thousands of kilometers apart, are finding common ground in trade, tourism, and cultural exchange. ...
https://knews.kathimerini.com.cy/en/news/paphos-mayor-‘i-am-under-coordinated-attacks
Paphos Mayor Phedon Phedonos says he is facing coordinated attacks from a small but organized group with significant interests, but insists he won’t be intimidated....
https://knews.kathimerini.com.cy/en/news/not-even-a-water-pistol-minister-sounds-alarm-as-drought-threatens-kataklysmos-fun
As Cyprus heads into the long Kataklysmos weekend, a time usually marked by beach outings, fairs, and plenty of playful splashing, Agriculture Minister Maria Panagiotou has a firm message: it’s time to put an end to water fights....
https://knews.kathimerini.com.cy/en/news/uk-firm-to-conduct-accreditation-inspection-at-ercan-airport
In a televised interview, it was stated that international accreditation procedures for the illegal Ercan (Tymbou) airport are expected to proceed after the Muslim holiday of Eid al-Adha....
https://knews.kathimerini.com.cy/en/news/paphos-municipality-wins-long-running-legal-battle-over-ibrahim-s-khan-project
After nearly a decade in the courts, the Paphos District Court has thrown out a lawsuit filed against the Paphos Municipality by a former tenant of a Turkish Cypriot-owned property....
https://knews.kathimerini.com.cy/en/news/cyprus-s-booming-defense-industry-nets-€40m-as-officials-call-for-faster-growth
Cyprus’s defense industry has grown tenfold in recent years, with approximately 30 companies now generating an estimated €40 million in revenue annually, officials revealed Tuesday during a session of the Parliamentary Committee on Energy, Commerce and Industry....
https://knews.kathimerini.com.cy/en/news/ey-announces-the-appointment-of-4-new-partners-in-cyprus
EY Cyprus is pleased to announce that its leadership team has been strengthened with the addition of four new partners:...
https://knews.kathimerini.com.cy/en/business/deloitte-cyprus-welcomes-two-new-partners
Deloitte Cyprus is pleased to announce the growth of its leadership team with the appointment of two new partners, effective 1 June 2025....
