https://knews.kathimerini.com.cy/en/business/fuel-market-shake-up-under-investigation
Cyprus’s competition watchdog has launched a full investigation into Petrolina’s planned takeover of ExxonMobil Cyprus, warning the deal could harm competition in the country’s fuel market....
https://knews.kathimerini.com.cy/en/news/enough-is-enough-atlantica-hotel-staff-strike-in-limassol
Employees at three Atlantica hotels in Limassol staged a surprise walkout Friday, accusing the company of ignoring their contracts and undermining their union rights....
https://knews.kathimerini.com.cy/en/comment/opinion/is-india-a-tariff-king-not-really
There is a widespread but fallacious perception that India's tariffs are inordinately high. There are subjective factors when it comes to a country like livability, public courtesy, or even how foreigners are welcomed....
https://knews.kathimerini.com.cy/en/business/cyprus-restaurants-feel-the-pinch-as-tourists-dine-in-instead-of-out
Cyprus’ restaurants and entertainment venues are feeling the squeeze this year, as more tourists choose to eat at home, order delivery, or rely on all-inclusive hotel packages instead of dining out....
https://knews.kathimerini.com.cy/en/comment/opinion/tourist-gentrification
Abundant Mediterranean sunshine and the enticing sea have, over the years, served as the driving forces behind our tourism industry. One discussion, however, that does not seem to have occupied us as much as perhaps it should, at least institutionally, is that of tourist gentrification....
https://knews.kathimerini.com.cy/en/business/fiba-eurobasket-2025-gives-limassol-economy-a-slam-dunk
The FIBA EuroBasket 2025 has given Limassol’s economy a major shot in the arm, with hotels, restaurants, and shops reporting a surge in business as thousands of fans, teams, and journalists poured into the city....
https://knews.kathimerini.com.cy/en/news/giorgio-armani-fashion-icon-who-redefined-elegance-dies-at-91
Giorgio Armani, the Italian designer who redefined global fashion with his sleek tailoring and timeless elegance, has died at 91....
https://knews.kathimerini.com.cy/en/business/cyprus-moves-to-tighten-foreign-investment-rules-boost-transparency
Cyprus is set to introduce stricter controls on foreign investments in a new bill aimed at protecting critical sectors while keeping the country attractive to reliable investors....
https://knews.kathimerini.com.cy/en/news/trump-riviera-gaza-reconstruction-plan-envisions-smart-cities-and-artificial-islands
A newly revealed Trump administration blueprint for postwar Gaza reads less like a reconstruction plan and more like a real estate pitch. The 38-page classified document, obtained by the Washington Post, ...
https://knews.kathimerini.com.cy/en/business/cyprus-hotel-unions-threaten-strikes-over-misuse-of-foreign-worker-permits
Two major Cypriot hotel worker unions have warned of potential strikes, accusing hotel operators of misusing foreign worker permits to undermine labor rights and violate collective agreements....
https://knews.kathimerini.com.cy/en/news/mercedes-sells-nissan-stake-as-japanese-carmaker-struggles-with-losses-and-job-cuts
Mercedes-Benz has cashed out of Nissan, selling its 3.8% stake for €279.6 million ($307 million), raising fresh questions about the Japanese automaker’s future....
https://knews.kathimerini.com.cy/en/business/cyprus-sets-record-for-wasted-solar-energy-in-2025
Cyprus is wasting record levels of solar energy this year, even as rolling blackouts last week left homes and businesses without power during a heatwave....
https://knews.kathimerini.com.cy/en/news/cyprus-tourism-hits-new-highs-but-winter-still-gets-the-cold-shoulder
Cyprus’ tourism industry may be smashing records, but its biggest headache hasn’t gone away: most of the visitors still come when the sun is blazing....
https://knews.kathimerini.com.cy/en/news/cyprus-news-roundup-fires-finance-and-fiery-wage-demands
From forest fire probes to banking battles, here’s a look at the week’s biggest developments in Cyprus....
https://knews.kathimerini.com.cy/en/business/cyprus-hotels-join-europe-s-legal-fight-to-break-booking-com-s-grip
Hotels in Cyprus are among more than 10,000 across Europe taking part in a class-action lawsuit accusing Booking.com of abusing its market power for two decades. ...
https://knews.kathimerini.com.cy/en/news/global-beach-erosion-crisis-threatens-coastal-communities-as-sand-shortage-worsens
Coastlines worldwide are facing an escalating crisis as climate change accelerates beach erosion, raising urgent questions about the future of the world’s beaches, according to a Financial Times report....
https://knews.kathimerini.com.cy/en/business/cyprus-is-a-magnet-for-foreign-companies-as-registrations-surge
Foreign companies are flocking to Cyprus at a growing pace, with business registrations up by 30% in just six weeks, a sign that the island is solidifying its position as a prime investment hub in the region....
https://knews.kathimerini.com.cy/en/business/boc-reports-€235m-in-profits-but-what-does-that-actually-mean-for-the-rest-of-us
https://knews.kathimerini.com.cy/en/news/foot-and-mouth-disease-ravages-livestock-in-turkey
An outbreak of foot-and-mouth disease is sweeping through livestock in Ardahan and surrounding areas in northeastern Turkey, alarming farmers who are losing animals and income, Turkish media reported Monday....
https://knews.kathimerini.com.cy/en/business/end-of-an-era-as-kean-factory-to-be-replaced-by-urban-high-rises
One of Cyprus’s most iconic factories is shutting down. After nearly 70 years in the heart of Limassol, the historic KEAN factory will officially wrap up operations at its current site by 2026, marking the end of an era for the local soft drink producer....
https://knews.kathimerini.com.cy/en/comment/opinion/usa-1-–-eu-0
Just days before the August 1st deadline, the U.S. and the EU managed to strike a new trade deal, prompting sighs of relief, as the two traditional allies will not have to clash, at least for now....
https://knews.kathimerini.com.cy/en/news/pwc-global-entertainment-media-outlook-global-entertainment-and-media-industry-revenues-to-hit-us$3-5-trillion-by-2029-driven-by-advertising-live-events-and-video-games
Advertising spend forecasted to grow three times as fast (6.1%) as E&M consumer spending (2%) – as AI set to transform advertising models and drive hyper-personalisation...
https://knews.kathimerini.com.cy/en/business/desalination-a-costly-and-controversial-answer-to-global-water-shortages
As climate change fuels irregular rainfall and intensifies droughts, countries worldwide are increasingly turning to desalination to address growing water scarcity. ...
https://knews.kathimerini.com.cy/en/business/skip-truck-drivers-sound-the-alarm-help-us-or-everyone-pays
Skip Truck Drivers Sound the Alarm: “We’re Being Pushed Out”
Subtitle:
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https://knews.kathimerini.com.cy/en/business/cyprus-consumers-more-price-savvy-than-new-e-kalathi-platform
More than a month after its launch, Cyprus’ e-kalathi digital price comparison tool is struggling to win over consumers, many of whom appear to be better informed than the platform itself when it comes to supermarket pricing....
https://knews.kathimerini.com.cy/en/business/government-cuts-out-locals-in-€35m-energy-deal-ahead-of-electricity-market-opening
Just months before Cyprus opens up its electricity market to real competition, a government decision to hand a €35 million energy storage project to the state has sparked a fierce backlash from private investors, many of whom have been stuck in limbo for years....
https://knews.kathimerini.com.cy/en/news/tototheo-global-expands-partnership-with-ses-to-deliver-scalable-high-speed-connectivity-to-maritime-customers
Tototheo Global, a leading provider of advanced connectivity and technology solutions for the maritime and enterprise sectors, has announced the expansion of its long-standing partnership with global content and connectivity service provider SES....
https://knews.kathimerini.com.cy/en/business/cyprus-banks-are-merging-and-here-s-what-that-means-for-you
Cyprus is heading toward a major financial facelift, with a wave of mergers and acquisitions already in motion and expected to accelerate by the end of 2025. Sirens may have marked a different kind of Tuesday morning in Nicosia, but in the banking world, the alarm bells signal transformation....
https://knews.kathimerini.com.cy/en/news/cyprus-taps-u-s-and-eu-defense-funds-to-strengthen-military
Cyprus is taking steps to strengthen its military capabilities with help from both the European Union and the United States, government officials announced on Wednesday, marking another sign of deepening strategic ties between Nicosia and Washington....
https://knews.kathimerini.com.cy/en/business/techisland-launches-legal-community
TechIsland, Cyprus’ largest tech association, announces the launch of a new professional initiative: the TechIsland Legal Community. This is a dedicated professional network for lawyers, legal advisors, and compliance professionals who work in Cyprus’ fast-growing tech sector....