https://knews.kathimerini.com.cy/en/comment/opinion/tourists-kept-coming-to-cyprus-so-why-did-hotel-profits-fall
Tourism directly accounts for 13% to 15% of Cyprus’ GDP, and more than 25% once we count the economic activity it supports along the way....
https://knews.kathimerini.com.cy/en/life/bugatsas-–-bugatsa-bar-coffee-bougatsa-like-you-ve-never-seen-it-before-now-in-nicosia
From traditional Greek favourites to unexpected flavour combinations, Bugatsás has arrived in Nicosia to reinvent the beloved bougatsa, giving this Greek classic an entirely new personality.
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https://knews.kathimerini.com.cy/en/business/pafilia-celebrates-double-success-at-the-european-property-awards-2026–2027
Minthis extends its remarkable record of international property recognition with a five-star award for Best Mixed Use Development in Cyprus, while Elysia Blu earns recognition in the Residential Development 20+ Units category.
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https://knews.kathimerini.com.cy/en/news/october-price-rises-hit-17-products-as-35-become-cheaper-consumers-group-reports
Seventeen products recorded increases of between 5% and 15.31% in their average retail prices during October, while 35 products became cheaper, with reductions ranging from 5% to 12.3%, according to the Cyprus Consumers Association....
https://knews.kathimerini.com.cy/en/business/cyprus-developers-oversee-€8bn-portfolio-as-efforts-to-attract-us-investors-gather-pace
Cyprus is stepping up efforts to attract American investment as developers oversee projects worth more than €8bn across the island. The Government's plans come alongside calls from the construction sector for faster approvals, regulatory improvements and more affordable housing....
https://knews.kathimerini.com.cy/en/news/turkey-offers-egypt-15-000-sq-km-of-mediterranean-waters-in-bid-to-secure-support-for-libya-deal
Turkey’s efforts to strengthen relations with Egypt are facing significant obstacles, with disagreements over maritime boundaries and competing interests in Libya limiting progress between the two countries....
https://knews.kathimerini.com.cy/en/news/cypriots-keep-travelling-despite-rising-airfares
Cypriots’ appetite for travel remains undiminished despite rising airfares. Ticket prices have already increased, but—for now, at least—people are not cutting back on trips abroad....
https://knews.kathimerini.com.cy/en/news/kronos-the-offshore-underdog-that-became-the-front-runner
Fifteen years after the first discovery of substantial hydrocarbon reserves in Cyprus’ exclusive economic zone, the Republic of Cyprus and Italian energy company Eni have taken their most significant step toward bringing the island into the ranks of energy-producing countries....
https://knews.kathimerini.com.cy/en/business/binance-halts-withdrawals-after-$6-3-billion-crypto-attack
Customers of cryptocurrency exchange Binance face a wait to withdraw their money after a cyberattack affected an estimated $6.3 billion in digital assets, potentially making it the largest cryptocurrency theft on record....
https://knews.kathimerini.com.cy/en/business/cyprus-china-trade-surges-26-to-$1-44-billion-in-2025
Cyprus-China bilateral trade reached $1.44 billion in 2025, rising by 26% as both countries seek to expand cooperation in investment, technology, tourism and renewable energy. The Cyprus-China Cooperation and Entrepreneurship Forum in Nicosia brought together business leaders and local officials to explore new commercial partnerships....
https://knews.kathimerini.com.cy/en/business/is-limassol-becoming-too-expensive-for-business
Limassol’s cost-of-living pressures appear to be reaching a breaking point, extending beyond households and residents to the business community....
https://knews.kathimerini.com.cy/en/news/cyprus-orders-second-patrol-ship-from-israel
The agreement to acquire a second offshore patrol vessel is simply the implementation of the original plan to strengthen the National Guard’s Naval Command with modern surface vessels....
https://knews.kathimerini.com.cy/en/news/too-busy-to-shop-let-ai-find-the-deals-for-you
You need a new pair of trainers. You want them in your size, under €100, and delivered to Cyprus without a shipping fee that costs almost as much as the shoes....
https://knews.kathimerini.com.cy/en/news/israel-votes-and-cyprus-has-a-stake-in-what-comes-next
Israel’s parliamentary election on Oct. 27 comes amid profound domestic changes and significant shifts in the regional security landscape....
https://knews.kathimerini.com.cy/en/news/cyprus-turns-to-israeli-weapons-but-france-remains-its-top-arms-supplier
Sixty-two years after its establishment, the National Guard has spent the past 15 years entering a new era, leaving behind a period defined largely by its inward-looking approach....
https://knews.kathimerini.com.cy/en/business/cyprus-defense-tech-industry-grows-but-can-it-turn-innovation-into-business
The number of defense technology companies in Cyprus is growing, creating a diverse ecosystem capable of developing new solutions as well as bringing existing technologies to market.
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https://knews.kathimerini.com.cy/en/business/eu-investigates-booking-com-over-scams-and-advertising
You have picked the hotel, checked the photos, and worked out what the holiday will cost. But is the listing genuine, can you trust a message asking for payment, and is that hotel recommendation actually an advertisement?...
https://knews.kathimerini.com.cy/en/comment/opinion/could-loan-brokers-put-thousands-of-cyprus-banking-jobs-at-risk
Cyprus could see a shift toward loan brokers, a model already used in Greece and other countries, potentially reducing banks’ staffing needs while increasing competition and giving borrowers more options....
https://knews.kathimerini.com.cy/en/business/rising-fuel-costs-put-pressure-on-cyprus-airways-ticket-prices
Cyprus Airways is preparing for a new phase of growth following a period of stabilization after the serious difficulties it faced in 2024. The airline is gradually changing its ownership structure, expanding its fleet, adding destinations and improving its services....
https://knews.kathimerini.com.cy/en/business/cyprus-airways-announces-daily-flights-to-london
Cyprus Airways is further expanding its network with the launch of a new daily direct service between Larnaca (LCA) and London Stansted (STN), commencing on 23 April 2027....
https://knews.kathimerini.com.cy/en/news/cyprus-pledges-€25-million-for-power-cable-stays-silent-on-the-rest
As the Cyprus–Crete electricity interconnector awaits a return to activity, the temporary suspension of survey work in 2014 helped ease tensions between Greece’s Independent Power Transmission Operator, ADMIE, and the Cypriot regulatory authorities, mainly over financial matters....
https://knews.kathimerini.com.cy/en/news/cyprus-nears-€150-million-deal-for-israeli-naval-vessels-and-weapons
Cyprus is close to a roughly €150 million agreement to buy Israeli naval vessels and weapons systems, a significant defense purchase for an island whose security interests extend from its coastline to its offshore energy resources....
https://knews.kathimerini.com.cy/en/business/emgf-forum-accelerating-the-eastern-mediterranean-s-role-as-an-energy-corridor-for-europe
The development of the Eastern Mediterranean into an interconnected energy corridor, capable of making a meaningful contribution to security of supply across the wider region, was at the heart of the high-level event co-hosted by HELLENiQ ENERGY and the East Mediterranean Gas Forum (EMGF) on Wednesday, 7 October, in Athens.
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https://knews.kathimerini.com.cy/en/business/cyprus-ship-registry-grows-27-as-island-courts-japanese-shipping
A ship does not have to sail into Limassol to have a connection to Cyprus. By registering under the Cyprus flag, shipowners choose the island as their vessel’s legal home, bringing business to a maritime sector that extends well beyond the waterfront....
https://knews.kathimerini.com.cy/en/news/nina-schick-the-greatest-risk-for-cyprus-is-remaining-a-passive-consumer-of-artificial-intelligence
With a career that has brought her close to the most influential centres of political and technological decision-making in the United States and Europe, Nina Schick is now ranked among the world’s top 20 speakers on artificial intelligence....
https://knews.kathimerini.com.cy/en/business/client-experience-building-stronger-businesses-through-better-relationships
Client expectations continue to evolve across every industry....
https://knews.kathimerini.com.cy/en/business/the-road-to-completing-the-vasilikos-projects-is-fraught-with-obstacles
Cyprus’s long-delayed Vasilikos LNG terminal could become operational by 2030, but finding a reliable contractor and resolving technical, financial and legal challenges remain key hurdles. Eight companies have expressed interest in completing the project, which stalled after the collapse of the contract with Chinese consortium CPP-METRON....
https://knews.kathimerini.com.cy/en/business/what-s-shaping-cyprus-business-this-week
Key gatherings across Cyprus this week bring together leaders in artificial intelligence, corporate governance, and sustainable finance. Here is your quick look at the top conferences, networking events, and local industry milestones on the agenda....
https://knews.kathimerini.com.cy/en/news/bbc-deloitte-cyprus-helped-falsify-records-to-hide-abramovich-s-wealth
Deloitte Cyprus helped falsify documents to conceal Roman Abramovich’s wealth and appears to have advised on a scheme that allowed one of his companies to evade millions in Cypriot taxes, according to a joint investigation by BBC Panorama and the Bureau of Investigative Journalism....
https://knews.kathimerini.com.cy/en/business/cyprus-turns-to-the-u-s-for-talent-and-investment
For the second consecutive year, the government is seeking to build ties with the U.S. market and connect with Cypriots living and working there through a series of meetings with international investors, business organizations, and members of the Cypriot diaspora....
