https://knews.kathimerini.com.cy/en/business/ecb-poised-for-fall-rate-decision-as-growth-tariffs-and-inflation-weigh-in
The European Central Bank will reassess its interest rate policy this fall, weighing whether additional cuts are necessary after a recent series of reductions brought its main rate to 2%, with inflation easing to 1.9%....
https://knews.kathimerini.com.cy/en/news/70-000-units-of-blood-collected-annually-from-voluntary-donors-in-cyprus
Cyprus collects about 70,000 units of blood each year through voluntary donations, placing the country among the top in Europe in meeting its national blood supply needs, the Ministry of Health said Friday....
https://knews.kathimerini.com.cy/en/business/tehran-weighs-closing-strait-of-hormuz
Iran is seriously considering closing the Strait of Hormuz, a vital waterway for global oil shipments, according to a report by Iranian state broadcaster IRINN....
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/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/news/middle-east-crisis-escalates-out-of-control
Israel launched the largest military operation in its history against Iran on Friday, carrying out a surprise, large-scale assault targeting Iran’s nuclear, military and scientific infrastructure....
https://knews.kathimerini.com.cy/en/news/78-dead-in-israeli-strikes-on-iran-dozens-wounded-as-tensions-continue-to-escalate
At least 78 people were killed and more than 320 injured after Israel launched a sweeping series of airstrikes across Iran early Friday, targeting nuclear and military facilities in what officials described as a response to Tehran’s continued threats and regional aggression....
https://knews.kathimerini.com.cy/en/news/crisis-update-flights-grounded-embassies-closed-after-israeli-strikes-on-iran
Air travel across the Middle East was thrown into chaos Friday after Israeli forces launched large-scale strikes on Iranian targets, prompting countries to shut down airspace and airlines to ground or divert flights. Embassies are closing, travelers are stranded, and global tensions are escalating....
https://knews.kathimerini.com.cy/en/news/cypriots-brace-for-impact-as-fuel-prices-set-to-jump-after-mideast-strikes
Drivers in Cyprus may soon feel a serious pinch at the pump, as fuel prices are expected to rise significantly in the coming days following Israel’s military strike on Iran and the resulting spike in global oil prices....
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/deutsche-bank-eyes-return-to-cyprus-after-nearly-a-decade
Deutsche Bank, one of Europe’s biggest financial institutions, is considering a return to Cyprus nearly a decade after pulling out during the island’s financial crisis....
https://knews.kathimerini.com.cy/en/news/cyprus-to-launch-e-kalathi-digital-shopping-platform
Energy, Commerce and Industry Minister George Papanastasiou is set to announce the launch of the e-Kalathi digital platform during a press conference Wednesday....
https://knews.kathimerini.com.cy/en/business/texas-based-ai-powerhouse-tenstorrent-expands-to-cyprus
One of the fastest-growing U.S. artificial intelligence companies is looking to set up shop in Cyprus, in a move that could boost the island's ambition to become a tech hub in the Eastern Mediterranean....
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/business/savor-the-summer-flame-where-fire-meets-freshness-at-salt-fire
Salt & Fire isn't just a restaurant; it's an experience defined by exceptional hospitality and unforgettable flavors. Its custom-built wood-fire grill is the heart of it all, imparting a signature smoky essence and unparalleled taste to every dish....
https://knews.kathimerini.com.cy/en/news/cyprus-and-china-hail-excellent-bilateral-relations-in-high-level-meeting
The “excellent” level of relations between Cyprus and China was underscored Friday during a meeting between House of Representatives President Annita Demetriou and Liu Jianchao, head of the International Department of the Communist Party of China’s Central Committee, who is visiting the island....
https://knews.kathimerini.com.cy/en/business/green-light-for-six-story-apartment-block-in-former-refinery-zone
A new six-story residential building is coming to Larnaca’s Chrysopolitissa parish after the Environmental Authority approved plans for the project, which is set to transform a plot within the old refinery zone into modern housing....
https://knews.kathimerini.com.cy/en/business/cyprus-exits-eu-s-macroeconomic-imbalance-list-as-brussels-urges-reforms-in-innovation-energy-and-education
Cyprus is no longer considered a country with macroeconomic imbalances, the European Commission announced Wednesday in its 2025 Spring Package, marking a significant milestone in the nation’s post-crisis economic recovery....
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/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....
https://knews.kathimerini.com.cy/en/news/payabl-launches-virtual-business-cards-to-empower-smarter-business-spending
Leading European financial technology provider, payabl. has launched its Virtual Business Cards service, a digital payment solution designed to give businesses greater control, security, and visibility over their spending....
https://knews.kathimerini.com.cy/en/news/cyprus-has-the-sun-now-it-needs-the-tech
What if Cyprus could go from Europe’s most expensive electricity to a clean energy powerhouse?...
https://knews.kathimerini.com.cy/en/news/stella-kyriakides-wins-major-global-award-for-cancer-advocacy
Former EU Health Commissioner Stella Kyriakidou has received international recognition for her decades-long contribution to cancer care. In a ceremony held in Chicago, she was awarded the prestigious "Yvonne 2025" Lifetime Achievement in Oncology Award, a major honor in the field....
https://knews.kathimerini.com.cy/en/news/takata-airbag-probe-nears-end-as-officials-face-grieving-families
The investigation into the Takata airbag scandal in Cyprus has reached its final stages, with the last testimony heard on Monday. The probe, initiated in March by Attorney General Giorgos Savvides, centers on the handling of vehicle recalls related to defective Takata airbags....
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/business/lidl-cyprus-highlights-the-value-of-its-collaboration-with-evrofarma-during-a-press-trip-to-the-heart-of-greek-production
Lidl Cyprus organized a unique press trip to the facilities of its strategic partner, Evrofarma, in Didymoticho, in celebration of World Milk Day....
https://knews.kathimerini.com.cy/en/news/greece-eyes-3-year-university-degrees-but-not-everyone-s-on-board
Greece is gearing up to shorten university degrees from four years to three, but not without a fight. Professors, public university officials, and some students are already lining up to challenge the reform, which they see as a threat to the country’s long-standing academic structure....
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/business/cyprus-cruise-season-launches-with-170-000-travelers-expected-in-2025
The Daleela ferry launched its first voyage of the 2025 Cyprus–Greece maritime season on Saturday, as officials announced a surge in cruise tourism and reaffirmed the country's ambitions to become a key player in the global cruise sector....
https://knews.kathimerini.com.cy/en/business/byd-officially-debuts-in-cyprus-at-glamorous-old-gsp-square-event
In the fully renovated and iconic Old GSP Square, BYD made its official debut in the Cypriot market during a glamorous event hosted by Alpan Group, a member of the Sfakianakis Group and the official distributor of BYD vehicles in Cyprus....