https://knews.kathimerini.com.cy/en/business/eu-pressures-cyprus-over-stalled-power-cable-project
The European Commission is stepping up pressure on Cyprus to approve cost recovery measures for the stalled Great Sea Interconnector (GSI) electricity cable, amid mounting tensions between Nicosia and Athens over the ambitious but delayed project....
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-sheds-€2-5b-in-real-estate-marks-biggest-property-sale-in-island-s-history
The Bank of Cyprus has officially sold off more than €2.5 billion worth of real estate, over 5,100 properties, through its Real Estate Management Unit (REMU), marking a major milestone in clearing long-standing burdens from its balance sheet, according to Kathimerini's Panayiotis Rougalas....
https://knews.kathimerini.com.cy/en/business/wizz-air-announces-a-new-route-from-larnaca
Wizz Air, Europe’s most environmentally sustainable airline , is delighted to announce a new exciting direct route from Larnaca to Tirana....
https://knews.kathimerini.com.cy/en/news/celebrating-excellence-university-of-limassol-hosts-its-2025-graduation-ceremony
The University of Limassol (UoL) proudly hosted its 2025 Graduation Ceremony on Thursday, 26 June, marking a major milestone in its continuing journey as one of Cyprus’s most innovative and forward-thinking academic institutions....
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/news/ireland-first-to-ban-goods-from-israeli-settlements
Ireland is making history as the first European country to introduce a law banning the import of goods from Israeli settlements in the occupied Palestinian territories, a move that could send ripples across the EU and beyond....
https://knews.kathimerini.com.cy/en/news/inviting-the-invader
In a surprising move that could mark a shift in regional diplomacy, Cyprus plans to invite Turkish President Recep Tayyip Erdogan to a high-level summit in 2026, despite the island's bitter, decades-long division with Turkey....
https://knews.kathimerini.com.cy/en/business/second-home-program-gives-appliances-a-new-purpose-giving-families-a-new-start
The “Second Home” program by Kotsovolos is a bridge between surplus and need, comfort and struggle, everyday items and extraordinary hope....
https://knews.kathimerini.com.cy/en/news/mp-s-approve-€100m-fund-to-aid-2013-bank-crisis-victims
Twelve years after the 2013 banking crisis devastated thousands of depositors and investors, Cyprus’ Parliament has approved a long-awaited budget for the National Solidarity Fund, unlocking €100 million in compensation for those hardest hit....
https://knews.kathimerini.com.cy/en/news/kpmg-in-cyprus-ignites-innovation-with-the-2025-summer-business-game
On 25 June 2025, KPMG in Cyprus turned its Nicosia offices into a hub of innovation and entrepreneurial spirit with the 8th annual Business Game....
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/wizz-air-wins-the-world-finance-most-sustainable-low-cost-airline-award-for-the-fifth-consecutive-year
Wizz Air has once again been named the ''Most Sustainable Low-Cost Airline'' by the World Finance Sustainability Awards in 2025. ...
https://knews.kathimerini.com.cy/en/news/trump-touts-israel-iran-ceasefire-as-vindication-of-u-s-airstrikes
President Donald Trump on Monday announced what he called a “Complete and Total CEASEFIRE” between Israel and Iran, framing the tentative agreement as a direct result of his decision to authorize U.S. airstrikes on Iranian nuclear facilities....
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/comment/opinion/president-on-the-move…-again
“Wait, the president’s off on another trip? Honestly now, does he only come to Cyprus for vacation, or when a foreign official happens to drop by? How can he be so relaxed when next month we’ve got critical talks that could shape the future of the Cyprus problem?”...
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/comment/opinion/the-patrol-cars-the-helicopters-annita-and-tornaritis
First things first, so I want to reassure everyone: The rumors that what transpired in the now-infamous police car scene becoming the new punishment for crossing the line at traffic lights are false....
https://knews.kathimerini.com.cy/en/news/lakatamia-land-reserved-for-school-sits-idle-since-1996
Nearly three decades after land was reserved for a new school in Lakatamia, the property remains untouched, prompting fierce criticism from lawmakers who say the state has violated landowners' rights and failed to act transparently....
https://knews.kathimerini.com.cy/en/news/25th-petrolina-annual-general-meeting
On Thursday, the 19th of June, the 25th Annual General Meeting of the Shareholders of Petrolina (Holdings) Public Limited took place....
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/out-about/abr-festival-beats-art-and-chaos-in-the-capital
Nicosia is about to get a whole lot hotter, and we don’t just mean the weather. One of Cyprus’ most beloved summer festivals, AfroBanana, is turning a fresh page this June. ...
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/student-grant-system-under-fire-over-payouts-to-the-wrong-people
The Office of the Auditor General has raised concerns over how student scholarships are awarded and paid out in Cyprus, following a 2023 audit that found gaps and procedural problems in the system....
https://knews.kathimerini.com.cy/en/business/cnp-cyprus-rebrands-as-erb-after-€182m-acquisition-by-hellenic-bank
By the end of June 2025, ''CNP'' will be renamed ''ERB'' as a result of the acquisition of CNP Cyprus Insurance by Hellenic Bank....
https://knews.kathimerini.com.cy/en/business/pwc-cyprus-organizes-consecutive-leadership-events-designed-to-equip-family-and-small-businesses-with-strategic-insights-and-practical-tools-to-foster-growth
PwC Cyprus, under the auspices of the Cyprus-UK Business Association and the Institute of Chartered Accountants in England and Wales (ICAEW), and with the support of the British High Commission,...
https://knews.kathimerini.com.cy/en/business/oil-and-gas-prices-surge-after-attack-on-iran-nuclear-sites
Global energy prices soared and markets plunged Thursday following an attack on Iran’s nuclear facilities, intensifying fears of a wider Middle East conflict and compounding global economic pressures....
https://knews.kathimerini.com.cy/en/business/the-cruise-industry-a-catalyst-for-economic-growth
The global cruise industry has emerged as a significant catalyst for tourism development, contributing substantially to local and national economies....
https://knews.kathimerini.com.cy/en/business/new-era-in-vocational-training-lidl-cyprus-invests-in-the-new-generation
Lidl Cyprus is ushering in a new era in vocational education and training with Lidl UP: Learn & Work, an innovative dual education programme, implemented in collaboration with the Future Skills Hub, the Learning Center of the European University Cyprus....
https://knews.kathimerini.com.cy/en/news/ecthr-orders-€18-000-payout-to-cypriot-company-over-famagusta-property-claim
The European Court of Human Rights (ECtHR) has ordered Turkey to pay €18,000 in damages and legal fees to Cypriot company K.V. Mediterranean Tours Ltd., over delays in handling a property claim in the fenced-off area of Famagusta....