https://knews.kathimerini.com.cy/en/news/police-raid-in-famagusta-uncovers-training-grenade-and-cannabis
A 31-year-old man remains in custody in Famagusta today after a targeted law enforcement search uncovered a suspected training grenade, illicit substances, and questionable goods....
https://knews.kathimerini.com.cy/en/business/cyprus-climbs-the-global-competitiveness-rankings
Cyprus' economy is showing encouraging progress in competitiveness, ranking 42nd out of 70 economies in this year's IMD World Competitiveness Yearbook. The country improved by two places compared with last year, climbing from 44th in 2025....
https://knews.kathimerini.com.cy/en/news/when-the-numbers-look-good-but-life-doesn-t-feel-it
Cyprus has been recording economic growth rates in recent years that would make even some of Europe’s strongest economies take notice....
https://knews.kathimerini.com.cy/en/news/temu-and-shein-orders-in-cyprus-to-cost-more-under-new-customs-fees
Online shopping from popular platforms like Temu and Shein is set to get a bit more expensive for Cyprus consumers after the Customs Department clarified new rules affecting parcels coming from outside the European Union....
https://knews.kathimerini.com.cy/en/news/fuel-prices-falling-in-cyprus-but-drivers-may-not-be-out-of-the-woods-yet
After months of watching fuel prices climb, Cypriot drivers are finally getting some welcome relief at the pump....
https://knews.kathimerini.com.cy/en/business/ceasefire-boosts-economic-outlook-but-inflation-remains-a-concern
The ceasefire has not eliminated the economic risks stemming from the conflict involving the United States, Israel, and Iran. However, there are growing signs that economic conditions may gradually return to their pre-war state....
https://knews.kathimerini.com.cy/en/business/could-factory-and-winery-tours-become-cyprus-next-tourism-trend
Industrial tourism, which allows visitors to explore working production facilities and learn how goods are made, is gaining attention as a way to expand tourism offerings beyond traditional attractions. Experiences can range from tours of wineries and food producers to visits to agricultural operations and manufacturing sites....
https://knews.kathimerini.com.cy/en/business/€3-fee-per-item-on-online-orders-from-outside-the-eu
Cypriots who regularly shop from online platforms like Temu, Shein, and other non-EU retailers may soon notice higher prices at checkout or delivery after the EU approved new customs rules affecting small parcels....
https://knews.kathimerini.com.cy/en/news/a-deal-at-last-possible-us-iran-breakthrough-could-spell-relief-closer-to-home
After weeks of speculation, mixed signals, and previous announcements by US President Donald Trump that suggested a breakthrough was near, Washington and Tehran appear to be closer than ever to ending a conflict that has kept the Middle East on edge and sent shockwaves through global energy markets....
https://knews.kathimerini.com.cy/en/life/when-all-of-cyprus-headed-to-larnaca-the-timeless-magic-of-kataklysmos
There are only a few moments during the year that have the power to bring all of Cyprus together, and Kataklysmos is certainly one of them. For generations of Cypriots, the arrival of Kataklysmos meant far more than a public holiday or a long weekend by the sea....
https://knews.kathimerini.com.cy/en/news/monastery-bound-parcel-and-cannabis-lollipops-found-in-limassol-cargo-inspection
A package addressed to a monastery became one of the more unusual finds during a customs inspection in Limassol that also uncovered 1,440 cannabis-flavoured lollipops and a large quantity of suspected counterfeit goods....
https://knews.kathimerini.com.cy/en/news/ecb-raises-interest-rates-as-expected
Cypriot households with mortgages and loans may soon feel additional pressure on their monthly budgets after the European Central Bank (ECB) decided to raise interest rates by 0.25 percentage points, marking its first rate increase since September 2023....
https://knews.kathimerini.com.cy/en/business/ecb-set-for-two-rate-hikes-this-year-what-it-means-for-cypriots
The war in Iran may be happening hundreds of kilometers away, but for many people in Cyprus, its effects could soon be felt much closer to home, in their electricity bills, supermarket receipts, and even their mortgage payments....
https://knews.kathimerini.com.cy/en/news/eu-unveils-21st-round-of-sanctions-against-russia
The European Commission has proposed a new package of sanctions targeting Russia, expanding restrictions across energy, finance, trade and fisheries. Commission President Ursula von der Leyen announced the measures on Tuesday, describing them as part of the EU's continued response to Russia's invasion of Ukraine....
https://knews.kathimerini.com.cy/en/business/freedom-holding-corp-reports-record-revenue-and-doubles-net-profit-in-fy2026
Freedom Holding Corp., the parent company of Freedom24, has reported record revenue and doubled its net profit for the 2026 fiscal year, which ended on 31 March 2026. The results were published on 1 June....
https://knews.kathimerini.com.cy/en/news/mayonnaise-price-jumps-nearly-10-in-may
Shoppers in Cyprus saw noticeable price increases on everyday supermarket items in the second half of May, with sauces, eggs, dairy products and personal hygiene goods among the most affected categories....
https://knews.kathimerini.com.cy/en/news/transport-company-owner-arrested-in-diesel-smuggling-case
A coordinated operation by Customs Department officers and members of the Nicosia Crime Prevention Unit led to the seizure of diesel fuel that had allegedly been brought from the occupied areas into the government-controlled territories of the Republic of Cyprus....
https://knews.kathimerini.com.cy/en/business/timur-turlov-presents-freedom-case
On 26 May, Timur Turlov, CEO of Freedom Holding Corp., a parent company of Freedom24, addressed MBA students at Stanford University in California. The session marked the first academic case study at the Stanford Graduate School of Business (GSB) dedicated to the corporate strategy of a Central Asian company....
https://knews.kathimerini.com.cy/en/business/freight-transport-rises-in-cyprus-as-trade-and-domestic-movement-pick-up
Road freight transport in Cyprus increased in the final quarter of 2025, with both domestic and international cargo activity showing steady growth over the year, according to new figures released Friday by the Statistical Service of Cyprus....
https://knews.kathimerini.com.cy/en/business/may-summer-begins-at-alphamega-hypermarkets-in-a-cheerful-mood
May, as the peak of spring, has always been associated with blooming flowers, being a vibrant transition period signalling that summer is just around the corner. As the weather is gradually warming, so does our mood. Leaving winter behind, we feel more inspired to embrace outdoors, enjoy sunny afternoons with friends, and spend lovely evenings with barbecues, music, and refreshing drinks....
https://knews.kathimerini.com.cy/en/news/europe-debates-energy-aid-as-families-fear-new-spike-in-bills
As tensions linked to the conflict in Iran continue to shake global energy markets, European finance ministers gathered in Brussels on Monday facing a question many Cypriots already know too well: how do you help people cope with rising costs without blowing a hole in state finances?...
https://knews.kathimerini.com.cy/en/business/us-challenges-eu-protection-of-feta-in-move-that-could-also-concern-cyprus
The United States has taken aim at European rules protecting products such as Greek feta cheese, arguing that the EU’s system for protected food names unfairly blocks American producers from selling their goods in international markets....
https://knews.kathimerini.com.cy/en/business/cyprus-economy-still-growing-but-cracks-may-be-starting-to-show
Cyprus’ economy continues to show steady growth, underlining its flexibility and resilience in the face of external shocks such as the ongoing Russia-Ukraine war and recent conflicts in the Middle East....
https://knews.kathimerini.com.cy/en/business/chinese-brands-expand-globally-redefining-made-in-china
For decades, the label ''Made in China'' was linked to inexpensive copies. That perception is changing quickly. Chinese companies are no longer just manufacturing for others; they are building their own brands and competing directly in international markets....
https://knews.kathimerini.com.cy/en/news/transport-minister-warns-of-fuel-shortage
Cyprus is warning that fuel supplies across Europe could face disruptions, as tensions in the Middle East raise fresh concerns about energy security and transport....
https://knews.kathimerini.com.cy/en/news/1-cyprus-economy-grows-3-8-in-2025-as-spending-and-exports-rise
Cyprus’ economy kept a steady pace in 2025, with growth holding at 3.8% in real terms. In current prices, GDP rose by 4.9%....
https://knews.kathimerini.com.cy/en/business/freedom-holding-corp-acquires-chessbase-a-market-leader-in-chess-software-data-and-content
NEW YORK CITY, NY / April 16, 2026 / Freedom Holding Corp., the international investment and technology company, has announced the acquisition of ChessBase, one of the world's oldest and largest platforms specializing in chess software, analytics and database solutions....
https://knews.kathimerini.com.cy/en/news/cost-of-essentials-jumps-with-another-rise-in-infant-formula
Price increases have been recorded across a range of everyday goods in Cyprus, with infant formula among the products drawing particular concern from consumers....
https://knews.kathimerini.com.cy/en/news/cypriot-lamb-demand-surpasses-supermarket-forecasts
Demand for locally produced meat in Cyprus is rising as Easter approaches, with officials reporting that supply levels remain stable and the market is functioning without shortages....
https://knews.kathimerini.com.cy/en/business/most-households-in-cyprus-say-they-re-struggling-to-get-by
A large majority of households in Cyprus are dealing with financial strain, according to a 2026 consumer behavior survey....
