https://knews.kathimerini.com.cy/en/news/alpha-bank-completes-the-acquisition-of-astrobank-s-banking-operations-in-cyprus
Alpha Bank announces the successful completion of the acquisition of substantially all assets and liabilities of AstroBank Public Company Ltd (“AstroBank”), through its subsidiary Alpha Bank Cyprus Ltd (“Alpha Bank Cyprus”) and other Group entities, following the receipt of all required regulatory approvals (the “Transaction”)....
https://knews.kathimerini.com.cy/en/news/president-unveils-major-tax-overhaul-aimed-at-fairness-growth-and-green-transition
Cyprus is rolling out the biggest tax shake-up in more than two decades, promising a fairer system that supports families, strengthens local businesses, and keeps the economy competitive....
https://knews.kathimerini.com.cy/en/news/europe-s-economy-takes-a-breather-but-cyprus-isn-t-immune-to-the-cough
Europe’s economy is trying to catch its breath. Exports are slumping, inflation is lingering, and policymakers are now counting on people’s paychecks and steady jobs to keep things from stalling completely....
https://knews.kathimerini.com.cy/en/business/cyprus-reports-€29-3-billion-negative-net-financial-position-household-income-climbs-in-2024
Cyprus closed 2024 with a negative net financial position of €29.27 billion, according to new data detailing macroeconomic indicators by institutional sector....
https://knews.kathimerini.com.cy/en/business/cyprus-chosen-to-lead-eastern-europe-investment-hub
Cyprus is making a name for itself on the international investment stage. Invest Cyprus, the agency that brings businesses and investors to the island, has been elected Regional Director for Eastern Europe at the World Association of Investment Promotion Agencies (WAIPA) for 2025‑27....
https://knews.kathimerini.com.cy/en/news/revolut-secures-crypto-license-from-cyprus-to-expand-eu-services
Fintech firm Revolut has received a cryptocurrency license from Cyprus, paving the way for the company to continue expanding its crypto services across the European Union....
https://knews.kathimerini.com.cy/en/news/women-s-national-football-team-stages-thrilling-comeback-against-albania
The Cyprus Women’s National Football Team produced a stirring comeback to defeat Albania 3–2 in the first leg of the UEFA Women’s Nations League play-offs....
https://knews.kathimerini.com.cy/en/news/cyprus-reaches-for-the-stars-joins-european-space-agency-as-associate-member
Cyprus formally joined the European Space Agency (ESA) as an Associate Member this week, a move hailed by officials as a milestone in the island nation’s growing role within Europe’s space and technology landscape....
https://knews.kathimerini.com.cy/en/news/the-future-of-finance-five-key-trends-shaping-the-role-of-finance-leaders-by-2026
Finance is no longer just about numbers and budgets. Today’s finance leaders are stepping up as key strategists, using technology and new ways of working to help businesses grow and adapt in an uncertain world....
https://knews.kathimerini.com.cy/en/business/pollution-costs-push-power-prices-over-€200-million
The cost of carbon emissions tied to electricity generation has already surpassed €200 million this year, a figure that continues to climb as carbon prices remain higher than in 2024....
https://knews.kathimerini.com.cy/en/news/columbia-hospitality-welcomes-areti-kontou-as-director-of-hr-operations
Columbia Hospitality, the Hospitality Division of Schoeller Holdings Ltd, has announced the appointment of Areti Kontou to its executive team as Director of HR & Operations, ...
https://knews.kathimerini.com.cy/en/news/cyprus-underworld-no-longer-plays-by-the-rules
Organized crime now operates without fear or restraint. The murder of businessman and sports official Stavros Demosthenous in Limassol on the morning of Friday, Oct. 17, makes that painfully clear....
https://knews.kathimerini.com.cy/en/news/uncharged-electric-vehicles-struggle-to-gain-ground-in-cyprus
The share of electric vehicles on Cypriot roads remains low compared with conventional cars, despite government incentives aimed at promoting their use....
https://knews.kathimerini.com.cy/en/news/stuck-again-cyprus-traffic-nightmare-is-getting-worse-especially-in-limassol
If you’ve been stuck in bumper-to-bumper traffic lately, you’re not alone, especially if you live in Limassol. What used to be just morning and afternoon rush hours has now become an all-day ordeal, turning daily commutes into a test of patience....
https://knews.kathimerini.com.cy/en/life/think-nicosia-is-boring-meet-your-new-green-obsession
If you think Nicosia is just traffic, gray rooftops, and overpriced lattes, you clearly haven’t met the “Gardens of the Future.” This Saturday, the city gets a green makeover, and you’re invited to get your hands dirty....
https://knews.kathimerini.com.cy/en/business/us-tech-firm-tki-expands-to-cyprus-through-ai-merger
A major new player has joined Cyprus’ growing tech scene. US-based software and AI company TKI is officially setting up shop on the island after merging with Hybrid ConsulTech, which will now operate as TKI EMEA....
https://knews.kathimerini.com.cy/en/comment/opinion/history-repeats-itself-as-a-travesty
In the late 1980s and early 1990s, the internet revolution was just beginning, and every country was racing to connect through data cables. Cyprus decided it did not want those cables to have a landing point here to protect Cyta’s monopoly....
https://knews.kathimerini.com.cy/en/news/frhc-stock-added-to-the-motley-fool-s-moneyball-portfolio
The shares of Freedom Holding Corp. (NASDAQ: FRHC) — a global financial services and technology company and the parent company of the Freedom24 investment platform — have been added to the Moneyball investment portfolio managed by research and investment advisory firm The Motley Fool. Alongside this inclusion, the stock received a “Buy” rating....
https://knews.kathimerini.com.cy/en/business/cypriots-earn-a-bit-more-in-2024-just-don-t-spend-it-all-at-once
Workers in Cyprus took home more money in 2024, but the pace of wage growth lost steam as inflation continued to squeeze household budgets....
https://knews.kathimerini.com.cy/en/news/medochemie-invests-in-a-sustainable-future
Medochemie, Cyprus’s leading pharmaceutical company, is strengthening its commitment to sustainable growth by taking another significant step towards a greener future. ...
https://knews.kathimerini.com.cy/en/business/cyprus-teachers-rank-among-europe-s-best-paid-after-15-years-in-the-classroom
Cypriot teachers see some of the fastest salary growth in Europe, according to new figures released by Eurydice, the European Commission’s network for education analysis....
https://knews.kathimerini.com.cy/en/business/deloitte-cyprus-issues-its-annual-transparency-report-building-trust-driving-impact-and-shaping-a-sustainable-future
Deloitte Cyprus has published its 14th Transparency Report covering the period from 1 June 2024 to 31 May 2025....
https://knews.kathimerini.com.cy/en/business/freedom24-opens-second-flagship-office-in-limassol-marking-continued-european-expansion
Freedom24, the European subsidiary of global financial services group Freedom Holding Corp., has opened its second flagship office in Limassol....
https://knews.kathimerini.com.cy/en/business/cyprus-betting-hits-€320m-in-q1
Betting revenues in Cyprus stayed virtually unchanged in the first three months of 2025 compared to last year, but the industry still showed strong growth over the past two years, according to figures released Thursday by the National Betting Authority....
https://knews.kathimerini.com.cy/en/news/cyprus-comic-con-announces-petrolina-as-official-energy-partner
Petrolina, Cyprus’s leading energy company, has been announced as the Official Energy Partner for Cyprus Comic Con 2025, taking place from October 3–5, 2025, at the Cyprus State Fairgrounds (Kratiki Ekthesi) in Nicosia....
https://knews.kathimerini.com.cy/en/business/cyprus-central-bank-projects-3-3-economic-growth-in-2025
Cyprus’s economy is expected to expand by 3.3% in 2025, with unemployment dropping to 4.6% and inflation easing to 1%, the Central Bank of Cyprus said Tuesday in its latest projections....
https://knews.kathimerini.com.cy/en/business/eif-and-eurobank-join-forces-to-channel-€62-5-million-in-new-financing-to-cypriot-smes-and-start-ups
The European Investment Bank Group (EIB Group) today announced the first InvestEU Guarantee transaction in Cyprus, marking a major milestone in bringing EU-backed financing closer to Cypriot businesses....
https://knews.kathimerini.com.cy/en/business/pristine-pentakomo-at-risk-as-court-battle-brews-over-new-port
A quiet stretch of southern Cyprus is suddenly at the center of a storm. The Pentakomo port project, which plans a 360-meter harbor to support aquaculture, has raised serious concerns among environmental groups, and now the public is paying attention....
https://knews.kathimerini.com.cy/en/business/consensus-on-cola-appears-out-of-reach-as-legal-concerns-mount
The government faces mounting uncertainty over its “COLA for all” pledge, as a legal opinion obtained by employer organizations suggests universal application of the Cost-of-Living Allowance (COLA) in the private sector would be unconstitutional....
https://knews.kathimerini.com.cy/en/news/cyprus-set-to-break-€8-billion-in-tax-revenue-in-2025
Cyprus is on track to rake in more than €8 billion in tax revenue this year, up from €7.4 billion in 2024, a milestone that underscores the Tax Department’s push for better compliance and modernization....
