https://knews.kathimerini.com.cy/en/business/cypriot-banks-see-lower-profits-but-growing-assets-in-2025
Cyprus’s banking sector recorded a notable decline in profitability during the first nine months of 2025, even as its balance sheet continued to expand, according to the latest data released by the Central Bank of Cyprus....
https://knews.kathimerini.com.cy/en/news/wizz-air-announces-as-roma-partnership
Nicosia, 15 December 2025 - Wizz Air, one of Europe’s leading low-cost airlines and a top carrier in Italy’s aviation landscape, is proud to unveil a major new partnership with Serie A club AS Roma....
https://knews.kathimerini.com.cy/en/news/cyprus-public-sector-employment-hits-74-400-in-third-quarter-2025
The total number of employees in Cyprus’s broader public sector reached 74,431 in the third quarter of 2025, according to figures released Monday by the Statistical Service....
https://knews.kathimerini.com.cy/en/business/cyprus-shipping-charts-a-course-for-growth
Cyprus’s shipping sector demonstrated resilience in 2025, maintaining a 7% contribution to the country’s GDP and employing more than 9,000 people onshore, as well as 80,000 seafarers on vessels managed by Cyprus-based companies....
https://knews.kathimerini.com.cy/en/business/cyprus-businesses-embrace-ai-and-e-commerce-to-boost-growth
Businesses in Cyprus are increasingly embracing digital transformation, with artificial intelligence (AI) and e-commerce emerging as major drivers of change. ...
https://knews.kathimerini.com.cy/en/comment/opinion/debt-surge-ahead-can-the-eurozone-outgrow-its-risks
The Eurozone is entering a phase of rising investments, public debt, and real interest rates. In this challenging environment, economic growth is essential to maintain balance. ...
https://knews.kathimerini.com.cy/en/business/top-pensions-for-retirees-with-dependents-reach-over-€3-000
In Cyprus, pension amounts vary significantly depending on the type of pension and whether the recipient has dependents....
https://knews.kathimerini.com.cy/en/business/lidl-cyprus-inaugurated-a-new-store-in-agios-dometios-with-an-investment-of-€11-million
Lidl Cyprus continues its dynamic growth with a new, fully upgraded store at 51 Kyriakou Matsi Avenue in Agios Dometios, ready to welcome consumers from the wider Nicosia area with high-quality products, unbeatable prices, consistent availability, and an upgraded customer experience....
https://knews.kathimerini.com.cy/en/news/larnaca-named-european-capital-of-culture-for-2030
Larnaca will take the spotlight as the European Capital of Culture in 2030, the Deputy Ministry of Culture announced Thursday. ...
https://knews.kathimerini.com.cy/en/comment/opinion/india-s-historic-labour-reforms-building-a-fair-modern-and-inclusive-work-ecosystem
India stands at a pivotal moment in its economic journey. As the nation accelerates toward becoming a global economic powerhouse, the Government has undertaken a historic transformation of its labour laws—consolidating 29 fragmented labour statutes into four comprehensive Labour Codes....
https://knews.kathimerini.com.cy/en/business/greek-retail-giant-jumbo-heads-to-canada-with-first-ontario-stores-in-2026
Greek retail giant Jumbo is taking its next big step abroad, this time to Canada. The chain, known for its toys, home goods, and seasonal products, plans to open its first three stores in Ontario in 2026, marking its 12th market globally....
https://knews.kathimerini.com.cy/en/comment/opinion/rage-as-a-business-model
As 2025 draws to a close, roughly ten technological behemoths, most based in the United States and some in the Far East, are not only widening the gap between the tiny share of the ultrarich and everyone else on the planet. ...
https://knews.kathimerini.com.cy/en/business/€700-million-boosts-cyprus-s-green-transition-under-thalea-2021-2027
The multiannual Cohesion Policy Program THALEA 2021-2027 serves as the backbone of Cyprus’s development strategy for the current programming period....
https://knews.kathimerini.com.cy/en/news/wizz-air-celebrates-its-250th-aircraft
Wizz Air, the fastest-growing European airline and a leading one in Central and Eastern Europe, today unveiled its 250th aircraft, marking a defining milestone in the airline’s growth story and placing the company halfway toward its goal of a 500-aircraft fleet....
https://knews.kathimerini.com.cy/en/comment/opinion/cyprus-is-the-mediterranean-s-rising-star-in-global-film-and-tv
From high-end series to blockbuster films and major reality shows, Cyprus is starting to shine on the radar of international studios. And like any great production, this transformation is driven by strategy and professionalism....
https://knews.kathimerini.com.cy/en/news/cyprus-airports-soar-to-new-heights-record-13-million-passengers-in-a-single-year
Hermes Airports has announced a historic milestone for Cyprus, with passenger traffic reaching 13 million this year, the highest figure ever recorded at the nation’s airports....
https://knews.kathimerini.com.cy/en/news/new-bank-tax-could-ease-the-pinch-on-families-but-who-s-behind-it
A year after narrowly losing a vote in parliament, AKEL is back with a new proposal to impose an emergency tax on banks for 2025 and 2026, calling it a “solidarity levy” aimed at helping everyday Cypriots cope with rising costs....
https://knews.kathimerini.com.cy/en/news/cyprus-cola-comeback-what-changes-who-benefits-and-who-s-still-left-out
Cyprus’ long-running debate over the Cost-of-Living Allowance (COLA) reached a turning point this month, with President Nikos Christodoulides presenting a new deal as a major win for fairness and the middle class....
https://knews.kathimerini.com.cy/en/news/tepak-plans-€21-7-million-marine-sciences-school-near-old-larnaca-airport
The Cyprus University of Technology (TEPAK) is set to establish a new School of Marine Sciences, Technology, and Sustainable Development in the Mackenzie area, adjacent to the old Larnaca airport. ...
https://knews.kathimerini.com.cy/en/news/trust-esg-consortium-holds-strategic-workshop-at-frederick-university-to-advance-ai-driven-esg-innovations
The TRUST-ESG consortium convened for a key project workshop at Frederick University, gathering representatives from Infocredit Group (ICG), Frederick Research Center (FRC), and the Cyprus University of Technology (CUT)....
https://knews.kathimerini.com.cy/en/business/fitch-lifts-bank-of-cyprus-rating-citing-stronger-economy-and-cleaner-balance-sheet
Bank of Cyprus got a financial thumbs-up from Fitch Ratings on Wednesday, with the agency upgrading the bank’s long-term rating to ‘BBB’ from ‘BBB-’ and giving its Viability Rating the same bump....
https://knews.kathimerini.com.cy/en/news/cyprus-prepares-new-€4-5m-electric-vehicle-subsidy-plan-to-boost-clean-driving
Cyprus is gearing up to launch a fresh plan to encourage the use of electric vehicles (EVs), with a €4.5 million budget aimed at helping drivers switch to cleaner transportation....
https://knews.kathimerini.com.cy/en/news/cyprus-top-paid-teachers-yet-bottom-range-results
Cyprus is knee-deep in a fiery debate over teacher evaluations, a tug-of-war so intense it has already sparked strikes, hardened positions, and stirred up public frustration....
https://knews.kathimerini.com.cy/en/business/lidl-cyprus-stood-out-as-hr-team-of-the-year-at-the-cyprus-hr-awards
Lidl Cyprus stood out at the Cyprus HR Awards as HR Team of the Year, winning more awards than any other company: 7 Gold, 2 Silver and 3 Bronze. ...
https://knews.kathimerini.com.cy/en/business/deloitte-cyprus-welcomes-new-transfer-pricing-partner
Deloitte Cyprus announces the strengthening of its leadership team with the appointment of Vaios Makrygiannis as Partner, Transfer Pricing Leader, effective 1 December 2025....
https://knews.kathimerini.com.cy/en/life/bring-home-the-forest-this-christmas-real-trees-for-everyone
It’s that magical time of the year again, and if the scent of pine is what gets you into the Christmas spirit, Cyprus forests have you covered....
https://knews.kathimerini.com.cy/en/business/cyprus-hotels-filling-up-fast-as-christmas-tourism-hits-record-highs
Cyprus is heading into the Christmas season with hotels filling fast and tourist bookings reaching new highs. Officials say the island remains one of Europe’s favorite winter destinations, with occupancy rates already strong and last-minute reservations expected to push them even higher....
https://knews.kathimerini.com.cy/en/business/cyprus-scores-big-in-global-ratings
Cyprus is wrapping up the year with strong marks from the world’s big credit rating agencies, capping what officials say has been one of the economy’s best-performing years in recent memory....
https://knews.kathimerini.com.cy/en/business/cyprus-connectivity-and-the-future-of-european-aviation-a-conversation-with-olivier-jankovec
Olivier Jankovec, Director General of Airports Council International (ACI) Europe—the airport counterpart to IATA—has a bird’s-eye view of the European aviation landscape. Right now, he has his sights set on Cyprus....
https://knews.kathimerini.com.cy/en/business/smoothie-factory-express-opens-at-mercure-larnaca-beach-resort
Smoothie Factory proudly announces the opening of its newest location through Solaar Hospitality, Smoothie Factory Express, situated within the Mercure Larnaca Beach Resort....
