https://knews.kathimerini.com.cy/en/business/hilti-opens-new-flagship-store-in-larnaca
CTC Automotive has opened a new innovative Hilti tools store in Larnaca....
https://knews.kathimerini.com.cy/en/business/collaboration-between-cim-cyprus-business-school-and-ey-cyprus-ltd
EY Cyprus Ltd, in collaboration with CIM Cyprus Business School, has launched the EY Learn & Earn Program — a unique initiative developed with the strong support of ACCA....
https://knews.kathimerini.com.cy/en/news/guardians-of-local-flavor
The Gastronomos Quality Awards returned for the 11th year, shining a spotlight on the people who keep Cyprus’ food traditions alive, the farmers, producers, and small business owners who work with care, passion and respect for their roots....
https://knews.kathimerini.com.cy/en/business/new-ev-grants-open-but-you-ve-only-got-until-october
Cyprus is rolling out a new €2.5 million electric vehicle subsidy scheme, but only 260 spots are up for grabs, and buyers will need to move fast....
https://knews.kathimerini.com.cy/en/news/cyprus-e-mobility-grant-scheme-faces-criticism-as-initial-funding-runs-out
The recently launched e-mobility grant scheme in Cyprus has drawn criticism from the Association of Importers of Motor & Electric Vehicles (SEMHIO), which expressed serious concerns about the plan’s limited budget and structural shortcomings....
https://knews.kathimerini.com.cy/en/news/israel-secretly-moved-planes-to-cyprus-and-greece-before-iran-bombing
In the hours leading up to a major Israeli military strike, dozens of Israeli aircraft were quietly moved out of harm’s way, and into Cyprus and Greece, without those host countries being fully aware of the plan’s purpose, according to Israeli media reports....
https://knews.kathimerini.com.cy/en/business/environmental-department-we-don-t-approve-projects-based-on-who-applies
A beachfront development in Larnaca has triggered a public row between environmental activists and government authorities, with the Department of Environment rejecting claims that the project’s approval was politically motivated....
https://knews.kathimerini.com.cy/en/business/eurobank-eyes-dual-listing-on-cyprus-and-athens-stock-exchanges-after-hellenic-bank-exit
Greece’s Eurobank is considering listing its shares on the Cyprus Stock Exchange (CSE), just as Hellenic Bank prepares to officially delist on June 30, 2025, sealing a €1.3 billion investment deal that signals strong faith in the Cypriot economy....
https://knews.kathimerini.com.cy/en/business/protect-cypriot-businesses-before-they-re-bought-out-chamber-chief-warns
The head of the Cyprus Chamber of Commerce and Industry (CCCI) is urging action to protect local businesses from being swallowed up by foreign interests, calling for targeted tax reforms and incentives to encourage homegrown mergers....
https://knews.kathimerini.com.cy/en/news/tourism-holds-steady-in-cyprus-despite-middle-east-tensions
Despite the ongoing unrest in the Middle East, Cyprus’ tourism sector is proving both vulnerable and resilient, as a surge in advance bookings acts as a safety net for hoteliers and travel operators....
https://knews.kathimerini.com.cy/en/business/cyprus-backs-young-entrepreneurs-with-€50m-boost
Cyprus is betting on young entrepreneurs to drive the country’s economic growth, with over €10 million already distributed in grants under a national plan expected to create more than 2,000 jobs by 2027....
https://knews.kathimerini.com.cy/en/business/cyprus-returns-to-three-systemic-banks-after-alpha-bank-cyprus-astrobank-deal
Cyprus is set to have three systemic banks again after Alpha Bank Cyprus signed a final agreement to acquire most of AstroBank’s assets and liabilities. The deal was officially signed Tuesday, June 24, 2025....
https://knews.kathimerini.com.cy/en/news/wizz-air-wins-the-world-finance-most-sustainable-low-cost-airline-award-for-the-fifth-consecutive-year
Wizz Air has once again been named the ''Most Sustainable Low-Cost Airline'' by the World Finance Sustainability Awards in 2025. ...
https://knews.kathimerini.com.cy/en/news/cyprus-opens-electricity-market-to-competition-on-october-1st
Cyprus is preparing to open its long-awaited competitive electricity market, with officials hopeful the move will finally bring down energy costs for households and businesses....
https://knews.kathimerini.com.cy/en/business/aegean-is-named-best-regional-airline-in-europe-at-the-skytrax-world-airline-awards-2025-for-the-14th-consecutive-year
During last week in Paris, AEGEAN has been named the ''Best Regional Airline in Europe'' at the prestigious World Airline Awards 2025 for the 14th consecutive year and 15th time overall in its 26 years of operation, highlighting the continuing trust and preference of the passengers, as recognized through the International Airline Rating Organization Survey. ...
https://knews.kathimerini.com.cy/en/business/chamber-of-commerce-pushes-for-overhaul-of-tax-bill-to-attract-global-cypriot-talent
The Cyprus Chamber of Commerce and Industry (KEBE) is calling for key revisions and broader strategic planning in the government’s “Minds in Cyprus” tax bill, aimed at attracting talent from the Cypriot diaspora....
https://knews.kathimerini.com.cy/en/life/lellos-pool-to-reopen-after-long-term-closure
The Nicosia Municipality has announced that the Nicosia Municipal Swimming Pool, commonly known as “Lellos’ Pool”, is scheduled to reopen on June 27, 2025....
https://knews.kathimerini.com.cy/en/news/jazeera-airways-resumes-direct-flights-between-larnaca-and-kuwait
Jazeera Airways, one of the leading low-cost carriers in the Middle East, announced the resumption of direct flights from Larnaca to Kuwait, which took place on Tuesday, June 17, 2025....
https://knews.kathimerini.com.cy/en/news/fortsafe-launches-its-first-secure-vault-in-paphos-a-new-era-in-private-storage-of-valuables
Fortsafe, the innovative secure storage service, has announced the launch of its first facility in Paphos, located at the Beon active office, 10 Apostolou Pavlou Street, marking a new era in the private safekeeping of documents, personal and sensitive valuable items....
https://knews.kathimerini.com.cy/en/news/25th-petrolina-annual-general-meeting
On Thursday, the 19th of June, the 25th Annual General Meeting of the Shareholders of Petrolina (Holdings) Public Limited took place....
https://knews.kathimerini.com.cy/en/business/india-s-drone-power-lands-in-cyprus
Indian business interest in Cyprus is gaining momentum, with drone tech leader Drone Destination planning to set up shop on the island....
https://knews.kathimerini.com.cy/en/business/pwc-cyprus-organizes-consecutive-leadership-events-designed-to-equip-family-and-small-businesses-with-strategic-insights-and-practical-tools-to-foster-growth
PwC Cyprus, under the auspices of the Cyprus-UK Business Association and the Institute of Chartered Accountants in England and Wales (ICAEW), and with the support of the British High Commission,...
https://knews.kathimerini.com.cy/en/business/the-cruise-industry-a-catalyst-for-economic-growth
The global cruise industry has emerged as a significant catalyst for tourism development, contributing substantially to local and national economies....
https://knews.kathimerini.com.cy/en/business/new-era-in-vocational-training-lidl-cyprus-invests-in-the-new-generation
Lidl Cyprus is ushering in a new era in vocational education and training with Lidl UP: Learn & Work, an innovative dual education programme, implemented in collaboration with the Future Skills Hub, the Learning Center of the European University Cyprus....
https://knews.kathimerini.com.cy/en/news/cyprus-to-launch-e-kalathi-digital-shopping-platform
Energy, Commerce and Industry Minister George Papanastasiou is set to announce the launch of the e-Kalathi digital platform during a press conference Wednesday....
https://knews.kathimerini.com.cy/en/news/from-the-mekong-to-the-med-how-cyprus-and-cambodia-are-crafting-a-new-global-alliance
In an exclusive with His Excellency Salah Essa, Honorary Consul of Cyprus to Cambodia, we uncover how two countries, thousands of kilometers apart, are finding common ground in trade, tourism, and cultural exchange. ...
https://knews.kathimerini.com.cy/en/news/despite-ahk-chief-s-assurances-technocrats-push-for-higher-power-rate-hike
Even though the chairman of the Electricity Authority of Cyprus (AHK), Giorgos Petrou, recently stated that the AHK would be requesting only a modest 3% electricity price hike, the utility’s technocrats are still pushing for an increase of up to 7.5% before VAT....
https://knews.kathimerini.com.cy/en/news/cyprus-sets-flight-path-to-the-future-with-major-airport-expansion
Cyprus officially kicked off the long-awaited Phase II expansion of its two main airports this week, setting the stage for a major upgrade to how people travel in and out of the island....
https://knews.kathimerini.com.cy/en/news/cyprus-s-booming-defense-industry-nets-€40m-as-officials-call-for-faster-growth
Cyprus’s defense industry has grown tenfold in recent years, with approximately 30 companies now generating an estimated €40 million in revenue annually, officials revealed Tuesday during a session of the Parliamentary Committee on Energy, Commerce and Industry....
https://knews.kathimerini.com.cy/en/business/deloitte-cyprus-welcomes-two-new-partners
Deloitte Cyprus is pleased to announce the growth of its leadership team with the appointment of two new partners, effective 1 June 2025....