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....
https://knews.kathimerini.com.cy/en/business/employers-unanimously-reject-cost-of-living-proposal-by-government
Cyprus’ two leading employer groups have rejected the government’s proposal for a new Cost-of-Living Allowance (ATA) deal, saying the draft agreement “falls short” on several key points and cannot be signed as it stands....
https://knews.kathimerini.com.cy/en/business/decisive-talks-today-on-cyprus-cost-of-living-allowance
A crucial round of talks on Cyprus’ Cost of Living Allowance (COLA), known locally as the Automatic Cost of Living Adjustment (ATA), is set to take place today....
https://knews.kathimerini.com.cy/en/business/cyprus-in-the-spotlight-mediterranean-pact-offers-jobs-energy-and-influence
Cyprus is positioning itself for a front‑row seat in a major new regional plan. The EU‑backed Pact for the Mediterranean, launched in mid‑October, aims to deepen cooperation across the southern shores of the Mediterranean, and Cyprus stands to gain in several concrete ways....
https://knews.kathimerini.com.cy/en/business/cyprus-tourism-hits-record-highs-€2-47-billion-in-eight-months
Tourism in Cyprus is booming. August alone brought in €581.8 million, up nearly 14% from last year, while total earnings from January through August hit €2.47 billion, marking a 16.5% increase compared with the same period in 2024....
https://knews.kathimerini.com.cy/en/business/‘cyprus-can-become-a-regional-ai-hub-says-insead-professor
Cyprus has what it takes to become a regional leader in artificial intelligence (AI), but time is running out, says Theodoros Evgeniou, professor of technology and entrepreneurship at INSEAD, one of the world’s top business schools....
https://knews.kathimerini.com.cy/en/news/big-shake-up-coming-for-cyprus-taxi-industry
Major changes are coming to Cyprus’ taxi industry, with the government preparing a sweeping reform aimed at cleaning up a system long plagued by unfair practices, illegal operators, and inconsistent pricing....
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/€50-million-could-flow-to-consumers-as-cyprus-moves-to-tax-renewable-energy-giants
Cyprus is considering a controversial move to tax unexpected profits from private renewable energy companies, a measure aimed at funneling millions into programs that could ease the burden on consumers....
https://knews.kathimerini.com.cy/en/news/cyprus-wants-in-on-gaza-rebuild-local-companies-await-clarity
Cyprus’ plan to get involved in rebuilding the war-torn Gaza Strip is still in its early stages, with the government signaling its intention to include Cypriot companies in the massive international reconstruction effort, but without a concrete framework yet in place....
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-scoops-11-awards-in-global-finance-s-2025-digital-bank-rankings
Bank of Cyprus wins 11 awards, including 2 regional awards, in Global Finance’s 2025 World’s Best Digital Bank Awards
...
https://knews.kathimerini.com.cy/en/news/eu-tax-hike-could-make-smoking-a-luxury-greece-pushes-back
Smokers in Europe may soon feel the pinch in their wallets. The European Commission is proposing a massive increase in taxes on cigarettes, roll-your-own tobacco, and even e-cigarettes, and Greece is sounding the alarm....
https://knews.kathimerini.com.cy/en/news/nissan-leaf-and-qashqai-e-power-take-top-honors-at-the-motor-awards-2025
Nissan has added another pair of trophies to its growing collection of accolades. The Japanese automaker scooped up two major awards at the Motor Awards 2025, organized by News UK....
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/news/hand-grenade-explosion-rocks-paphos-office-building-police-probe-possible-forex-connection
A quiet Paphos street turned into a crime scene Friday morning after an explosion ripped through a company’s offices on Dimokratias Avenue, and police say it wasn’t just any explosion. It was caused by a hand grenade....
https://knews.kathimerini.com.cy/en/news/peter-hinssen-at-european-university-cyprus-an-exclusive-talk-on-innovation-in-an-era-of-uncertainty
European University Cyprus (EUC) is proud to host Peter Hinssen, one of the world’s most influential thinkers on innovation, leadership, and technology, for an exclusive keynote event in Nicosia....
https://knews.kathimerini.com.cy/en/news/cyprus-emerges-as-european-hub-for-drone-technology
Cyprus is emerging as a strategic hub for high-tech companies developing unmanned and defense systems, thanks to its neutral geopolitical profile and unique regulatory advantages, industry experts say....
https://knews.kathimerini.com.cy/en/news/ai-will-replace-jobs-with-routine-tasks
Futurist Gerd Leonhard spoke at the Digital Agenda Cyprus Summit 2025 about the human-centered, positive approach needed for the development of artificial intelligence....
https://knews.kathimerini.com.cy/en/comment/opinion/what-independence
Shivers of excitement and delight were sent through lovers of the military industry by the two Greek fighter jets that crossed the blue sky of Nicosia last Wednesday, October 1, on the occasion of the anniversary of Cypriot independence....
https://knews.kathimerini.com.cy/en/news/compliancesuite-ai-how-infocredit-group-is-turning-compliance-into-competitive-advantage
Financial crime has grown increasingly sophisticated, and with it, the burden of regulatory compliance. For industries such as gaming, financial services, and fintech, compliance is no longer simply about meeting obligations...
https://knews.kathimerini.com.cy/en/news/cyprus-s-best-retreat-minthis-spa-wins-at-the-prestigious-world-spa-awards
Minthis Spa has been named Cyprus’s Best Wellness Retreat at the World Spa Awards 2025. This international accolade recognises Minthis as one of the most distinguished wellness destinations globally, a sanctuary where holistic wellbeing, nature, and luxury come together in perfect harmony....
https://knews.kathimerini.com.cy/en/news/no-cashiers-no-lines-greece-s-first-staff-free-supermarket-opens-in-athens
Greece has just welcomed its first fully automated supermarket, where shoppers grab what they need and walk out without interacting with a single cashier....
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/horse-that-killed-worker-at-hippodrome-cleared-to-race-again-next-week
Less than a day after a 67-year-old worker was killed at the Nicosia Hippodrome by a panicked horse, industry insiders are stunned to learn that the very same animal has been cleared to race again next Sunday....
https://knews.kathimerini.com.cy/en/news/cyprus-unveils-online-platform-to-modernize-medicine-pricing-process
Cyprus rolled out a digital platform designed to overhaul how the government sets prices for medicines, a move officials say will bring greater speed, accuracy and transparency to the process....
https://knews.kathimerini.com.cy/en/news/cypriot-tycoon-sets-sail-with-armani-s-yacht-designs
Cypriot entrepreneur Kostas Cleanthos, known locally for his acquisition of the country’s leading newspaper, Phileleftheros, and internationally for founding global trading platform XM, is charting a new course, this time on the high seas....
https://knews.kathimerini.com.cy/en/business/fresh-vegetable-prices-surge-in-august-while-seafood-prices-fall
Prices for fresh vegetables and greens skyrocketed in August, rising nearly 50% from the previous month, according to the Consumer Goods Price Observatory....
https://knews.kathimerini.com.cy/en/out-about/cyprus-cocktail-festival-returns-for-its-6th-year-with-star-dj-moguai
The island’s biggest cocktail celebration is back. The Cyprus Cocktail Festival, presented by N-ice Pure Ice Cubes, returns for its sixth consecutive year this October, promising a night of world-class drinks, music, and entertainment....
https://knews.kathimerini.com.cy/en/business/cyprus-employers-call-cost-of-living-pay-hike-unconstitutional
Cyprus’ long-running tug-of-war over the cost-of-living allowance, known locally as ATA, has taken a sharp new turn after the country’s two largest employers’ groups declared the scheme unconstitutional for the private sector....
https://knews.kathimerini.com.cy/en/news/party-says-no-presidency-says-yes-as-christofidou-takes-over-data-protection-office
The Council of Ministers announced Wednesday that Maria Manolis Christofidou, provincial secretary of GODISY, will take over as Cyprus’ Commissioner for Personal Data Protection....
