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....
https://knews.kathimerini.com.cy/en/business/cyprus-banks-rake-in-over-€750-million-even-as-rate-cuts-cool
Cyprus’ biggest banks are still posting hefty profits this year, even as the era of sky-high earnings seen in 2023 and 2024 begins to lose steam....
https://knews.kathimerini.com.cy/en/business/construction-permits-drop-14-in-early-2025-despite-rising-project-value
Building activity slowed notably in the first seven months of 2025, with data from the Statistical Service showing a 14% drop in construction permits compared with the same period in 2024...
https://knews.kathimerini.com.cy/en/business/cisco-again-named-best-asset-management-company-in-cyprus
For the third consecutive year the Cyprus Investment and Securities Corporation Ltd (CISCO) has been named the best asset management company in Cyprus....
https://knews.kathimerini.com.cy/en/business/daily-genai-users-see-higher-pay-job-security-and-productivity-–-while-a-third-of-the-global-workforce-regularly-feel-overwhelmed-pwc
Workers who used generative AI (GenAI) daily over the last year report being more productive, and seeing higher job security and pay, according to PwC’s 2025 Global Workforce Hopes & Fears Survey....
https://knews.kathimerini.com.cy/en/news/cyprus-wages-lag-behind-eu-average-though-growth-continues
Now that the Cost of Living Allowance agreement was signed yesterday, it’s a good moment to take a closer look at how Cypriots’ salaries stack up against their European neighbors, and the numbers tell an eye-opening story....
https://knews.kathimerini.com.cy/en/business/wolt-loans-nearly-€2-million-to-cypriot-small-and-medium-enterprises
Wolt, the platform connecting consumers, local businesses, and delivery partners, has lent nearly €2 million to small and medium-sized enterprises (SMEs) in Cyprus.
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https://knews.kathimerini.com.cy/en/business/cyprus-to-seal-deal-today-on-ata-payments
Cyprus is set to take a key step in labor relations with the signing of an agreement in principle on the Automatic Wage Adjustment (ATA), government officials announced Thursday....
https://knews.kathimerini.com.cy/en/business/investment-momentum-in-oroklini
In recent years, Larnaca has shown remarkable momentum in urban development and real estate activity. The city, once known for its slower pace compared to other regions of Cyprus, is now attracting growing interest from investors and construction companies alike....
https://knews.kathimerini.com.cy/en/news/cabinet-approves-new-marine-sciences-school-in-larnaca
The Cyprus government on Tuesday approved the establishment of a new School of Marine Sciences, Technology, and Sustainable Development at the Cyprus University of Technology (TEPAK) in Larnaca, officials announced....
https://knews.kathimerini.com.cy/en/news/cyprus-tops-eu-in-food-drink-and-tobacco-sales-in-september
Cyprus saw a big jump in food, drink, and tobacco sales in September 2025, with people buying 10.4% more than the same month last year, Eurostat says. That’s the highest increase in the European Union, far above the EU average of just 0.5% and the eurozone’s 1% rise....
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-posts-€353-million-profit-in-2025-despite-lower-interest-income
Bank of Cyprus reported profits of €353 million for the first nine months of 2025, slightly below the €401 million earned in the same period last year but still showing solid results in a cooling economy....
https://knews.kathimerini.com.cy/en/business/jumbo-buys-out-shopping-mall-in-€10-8m-deal-with-eurobank
Retail heavyweight Jumbo has expanded its footprint in Greece, finalizing a €10.8 million cash deal to buy out the VESO MARE shopping center in Patras from Eurobank....