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/life/nicosia-s-new-square-debuts-tonight-with-the-epic-street-fest
The wait is over. Nicosia’s brand-new square at the old GSP stadium is officially opening its doors tonight, and it’s doing so with a bang....
https://knews.kathimerini.com.cy/en/news/posh-perks-and-pricey-trips-inside-parliament-s-2023-spending-spree
The Auditor General of the Republic has issued a series of significant recommendations in his report concerning the operations of the House of Representatives for the year 2023....
https://knews.kathimerini.com.cy/en/business/freedom-holding-corp-added-in-the-prestigious-russell-3000®-index
Freedom Holding Corp. (FRHC), a diversified, multinational financial services firm, has been selected for inclusion in the Russell 3000® Index as part of its annual reconstitution in 2025. The inclusion will take effect after the US market closes on June 27, 2025....
https://knews.kathimerini.com.cy/en/news/shock-bills-football-fixes-a-u-turn-on-makarios-ave-cyprus-week-of-curveballs
From electricity bills getting a surprise bump to football clubs sliding past tax rules (again) and a Nicosia street project taking a literal U-turn, this week was full of plot twists. ...
https://knews.kathimerini.com.cy/en/news/cyprus-launches-voluntary-return-plan-for-syrians-ready-to-return-home
The Cypriot government on Thursday rolled out a new voluntary repatriation plan for Syrian families who wish to return home, as the country begins to rebuild in the wake of a long civil war....
https://knews.kathimerini.com.cy/en/business/aegean-airlines-first-quarter-2025-trading-update
AEGEAN announces its key financial and operating results for the first quarter of 2025....
https://knews.kathimerini.com.cy/en/news/nicosia-gears-up-for-the-ultimate-summer-street-fest-on-june-3
Mark your calendars and bring your appetite, Epic Street Fest Summer Edition is taking over the newly transformed old GSP park in central Nicosia on Monday, June 3, from 7:00 p.m. to midnight, ...
https://knews.kathimerini.com.cy/en/news/eac-adjusts-smart-meter-rollout-after-appliance-damage-reports
The Electricity Authority of Cyprus (EAC) will revise its smart meter installation strategy following a series of reported incidents, including fires and damaged appliances, officials said....
https://knews.kathimerini.com.cy/en/business/global-vc-investment-rises-in-q1-25-on-back-of-record-setting-$40-billion-open-ai-deal-according-to-kpmg-s-venture-pulse
Global VC investment surged from $118.7 billion in Q4’24 to an eleven-quarter high of $126.3 billion in Q1’25, despite ongoing geopolitical conflicts and tensions, continued concerns about global trade and tariffs, and the delay of a major reopening in the IPO market....
https://knews.kathimerini.com.cy/en/news/the-life-pharma-detox-system-offers-solutions-to-pharmaceutical-pollution
Medochemie is taking a leading role in addressing one of the most pressing environmental challenges currently faced by the pharmaceutical industry: the management and reduction of pharmaceutical pollution....
https://knews.kathimerini.com.cy/en/business/may-newsletter-of-k-treppides-co-ltd-–-16-05-2025
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....
https://knews.kathimerini.com.cy/en/news/contactless-payments-coming-to-famagusta-buses-this-october
Starting in October, passengers on buses in the Famagusta District will be able to pay for their ride with contactless cards or mobile wallets like Apple Pay....
https://knews.kathimerini.com.cy/en/news/pensioners-union-criticizes-labour-ministry-for-ignoring-pensioners-financial-struggle
The Union of Cypriot Pensioners (EKYSY) has criticized the Ministry of Labour for rejecting its request to advance May pension payments, citing concerns over the financial strain caused by a prolonged gap between payments....
https://knews.kathimerini.com.cy/en/news/eu-lawmakers-approve-tariff-hikes-on-russian-belarusian-agricultural-imports
The European Parliament voted Thursday to impose higher tariffs on fertilizers and select agricultural products from Russia and Belarus, aiming to curb the bloc’s reliance on imports from the two countries....
https://knews.kathimerini.com.cy/en/news/turkish-academy-grants-observer-status-to-breakaway-state-in-north
The Turkish Academy has granted observer status to the so-called turkish republic of northern cyprus (trnc), according to Turkish media reports, marking what they describe as “yet another new status” for the breakaway entity....
https://knews.kathimerini.com.cy/en/news/cultivating-success-stories-of-innovation-deloitte-s-exclusive-event-celebrating-tech-start-ups
Deloitte has long championed and supported innovation and entrepreneurship, spearheading various initiatives throughout the region....
https://knews.kathimerini.com.cy/en/business/over-€620-000-in-upgrades-heading-to-polis-and-nearby-villages
In a welcome boost for the Paphos district, more than €620,000 in grants will soon flow into Polis Chrysochous and surrounding communities as part of a government push to breathe new life into rural, mountainous, and remote areas....
https://knews.kathimerini.com.cy/en/life/kyrenia-s-historic-church-brought-back-to-life
A centuries-old church in Kyrenia, once the spiritual heart of the region, has been brought back to life after an extensive restoration project....
https://knews.kathimerini.com.cy/en/business/new-u-s-bill-eyes-cyprus-as-key-player-in-countering-china-s-belt-and-road
A bipartisan group of lawmakers has introduced the Eastern Mediterranean Gateway Act, a bill designed to elevate the Eastern Mediterranean in U.S. foreign policy and strengthen partnerships with countries in the region, including Cyprus....
https://knews.kathimerini.com.cy/en/news/eac-chairman-admits-project-costs-overstated-downplays-need-for-tariff-hike
The Board of Directors of the Electricity Authority of Cyprus (EAC) is set to review potential electricity tariff adjustments this week, but EAC Chairman Giorgos Petrou said he does not expect a rate increase will be necessary....
https://knews.kathimerini.com.cy/en/news/andreas-neocleous-omiros-pissarides-eirini-hadjisavva-and-marios-tannousis-to-speak-at-green-agenda-cyprus-summit
This year’s Sustainable Development Conference aims to support and enhance Cyprus’s national strategy for the Green Transition....
https://knews.kathimerini.com.cy/en/news/grigoris-kamberis-nikolas-argyrou-giorgos-louka-and-elias-kokkinos-to-speak-at-green-agenda-cyprus-summit
This year’s Sustainable Development Conference will focus on supporting and strengthening Cyprus’s national strategy for the Green Transition....
https://knews.kathimerini.com.cy/en/business/freedom-holding-corp-reaches-$10-billion-valuation-on-record-share-price
Freedom Holding Corp. (FRHC), the parent company of Freedom24, reached an important milestone as its market capitalization surpassed $10 billion on Wednesday, May 14. ...
https://knews.kathimerini.com.cy/en/news/lifesaving-help-at-the-push-of-a-button-for-vulnerable-seniors
Elderly people living alone or far from their families will soon have access to round-the-clock emergency help and emotional support,...
https://knews.kathimerini.com.cy/en/life/the-happiness-well-being-fair-is-back
The Municipality of Strovolos and the Strovolos Open School, in collaboration with CARDET and the Institute of Development – N. Charalambous, are bringing back the Happiness & Well-Being Fair...
https://knews.kathimerini.com.cy/en/news/major-win-for-borrowers-as-court-orders-banks-to-stop-using-abusive-loan-terms
Thousands of borrowers across Cyprus could soon see fairer treatment from banks, thanks to a landmark court decision banning the use of abusive clauses in loan contracts....
https://knews.kathimerini.com.cy/en/news/makariou-avenue-set-to-reopen-to-all-vehicles-on-weekdays-but-not-just-yet
Makariou Avenue could soon reopen to all traffic during the day, following a majority vote by the Nicosia Municipal Council — but the final green light will need to come from the Police and the European Union....
https://knews.kathimerini.com.cy/en/news/eu-to-fund-expansion-of-nicosia-s-pedieos-linear-park
The European Union will provide approximately €4.4 million to fund the expansion of the Pedieos Linear Park, the European Commission announced....
https://knews.kathimerini.com.cy/en/news/pavlos-photiades-alexandros-charalambides-and-constantinos-chatzigeorgiou-to-speak-at-green-agenda-cyprus-summit
The Green Agenda Cyprus Summit 2025 is gearing up to support and strengthen the country’s national strategy for a green transition. Taking place on May 19 at the Hilton Hotel in Nicosia,...
