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....
https://knews.kathimerini.com.cy/en/business/freedom-holding-corp-added-in-the-prestigious-russell-3000®-index
Freedom Holding Corp. (FRHC), a diversified, multinational financial services firm, has been selected for inclusion in the Russell 3000® Index as part of its annual reconstitution in 2025. The inclusion will take effect after the US market closes on June 27, 2025....
https://knews.kathimerini.com.cy/en/news/trump-s-trade-war-drives-tourists-away-from-u-s
Tourists from nations hardest hit by President Donald Trump's trade tariffs are increasingly avoiding trips to the United States, according to new data from hotel search site Trivago....
https://knews.kathimerini.com.cy/en/news/eac-adjusts-smart-meter-rollout-after-appliance-damage-reports
The Electricity Authority of Cyprus (EAC) will revise its smart meter installation strategy following a series of reported incidents, including fires and damaged appliances, officials said....
https://knews.kathimerini.com.cy/en/business/global-vc-investment-rises-in-q1-25-on-back-of-record-setting-$40-billion-open-ai-deal-according-to-kpmg-s-venture-pulse
Global VC investment surged from $118.7 billion in Q4’24 to an eleven-quarter high of $126.3 billion in Q1’25, despite ongoing geopolitical conflicts and tensions, continued concerns about global trade and tariffs, and the delay of a major reopening in the IPO market....
https://knews.kathimerini.com.cy/en/news/the-life-pharma-detox-system-offers-solutions-to-pharmaceutical-pollution
Medochemie is taking a leading role in addressing one of the most pressing environmental challenges currently faced by the pharmaceutical industry: the management and reduction of pharmaceutical pollution....
https://knews.kathimerini.com.cy/en/news/wizz-air-announces-new-route-–-fly-to-spain-from-cyprus-this-october
Wizz Air, the most environmentally sustainable airline in the EMEA region , is thrilled to announce the launch of an exciting new route from Larnaca to Barcelona, Spain, launching this October....
https://knews.kathimerini.com.cy/en/business/increasing-total-housing-supply-is-key-to-tackling-the-housing-crisis
Cyprus is at a critical juncture in its housing crisis, with property prices on the rise and supply struggling to meet existing demand. ...
https://knews.kathimerini.com.cy/en/news/cultivating-success-stories-of-innovation-deloitte-s-exclusive-event-celebrating-tech-start-ups
Deloitte has long championed and supported innovation and entrepreneurship, spearheading various initiatives throughout the region....
https://knews.kathimerini.com.cy/en/news/green-agenda-cyprus-summit-2025-paving-the-way-for-a-greener-future
As part of Cyprus’ ongoing effort toward a successful Green Transition, and with the broader goal of becoming a model for eco-friendly living and sustainable development, the Green Agenda Cyprus Summit was held for the second consecutive year, drawing strong participation and praise....
https://knews.kathimerini.com.cy/en/business/jordan-pulls-the-plug-on-imports-from-occupied-north-cyprus
Jordan has stopped importing halloumi and similar cheeses from the Turkish-occupied north of Cyprus, becoming the third country to pull out of that market in recent months, after Lebanon and Qatar....
https://knews.kathimerini.com.cy/en/news/christodoulides-pushes-bold-reform-for-better-schools-and-a-smarter-cyprus
Big promises are starting to take shape, and this time, it’s the kids who stand to benefit most....
https://knews.kathimerini.com.cy/en/news/wizz-air-announces-its-special-birthday-promo
Nicosia, 16 May 2025. Wizz Air, EMEA’s most environmentally sustainable airline , celebrates its birthday with an unmissable promo....
https://knews.kathimerini.com.cy/en/comment/opinion/the-quiet-city-turning-into-cyprus-new-investment-hotspot
A new skyline is rising in Larnaca, complete with modern high-rises and upscale mixed-use developments....
https://knews.kathimerini.com.cy/en/news/christianna-diogenous-georgios-kazantzis-and-joseph-antoniou-to-speak-at-the-green-agenda-cyprus-summit
This year’s Sustainable Development Conference is dedicated to supporting and strengthening Cyprus’ national strategy for a Green Transition....
https://knews.kathimerini.com.cy/en/business/apartments-take-the-lead-in-cyprus-property-market-boom
Apartments were the standout performers in Cyprus' real estate market in 2024, taking the lead in both sales volume and overall value, according to a detailed analysis by Landbank Analytics....
https://knews.kathimerini.com.cy/en/news/greece-targets-ferry-duopoly-as-costs-soar-and-competition-sinks
Greece’s Competition Commission has launched a full investigation into the coastal passenger ferry industry following evidence of price-fixing and market distortion among dominant operators....
https://knews.kathimerini.com.cy/en/business/cyprus-struggles-to-fill-jobs-amid-booming-sectors-red-tape
Cyprus is facing ongoing labor shortages across critical sectors, with acute gaps in professional drivers and nursing staff threatening service quality for both residents and tourists....
https://knews.kathimerini.com.cy/en/news/olympia-nisiforou-constantinos-yiorkadjis-and-george-chryssochos-to-speak-at-green-agenda-cyprus-summit-2025
This year’s Green Agenda Cyprus Summit will shine a spotlight on how Cyprus can step up its role in environmental protection and sustainable development. ...
https://knews.kathimerini.com.cy/en/news/smart-meter-swap-blamed-for-house-fire
A recent house fire in Cyprus has triggered alarm bells over how smart electricity meters are being installed, with industry experts warning of potential safety risks if the process is rushed or done without proper checks....
https://knews.kathimerini.com.cy/en/news/giorgos-pechlivanoglou-giorgos-petrou-and-giorgos-tziortzis-to-speak-at-green-agenda-cyprus-summit
This year’s Sustainable Development Conference will focus on supporting and advancing the national strategy for a Green Transition....
https://knews.kathimerini.com.cy/en/news/cyprus-and-israel-reach-agreement-on-imec-electrical-interconnection-and-natural-gas-development
A key agreement between Cyprus and Israel for an electrical interconnection under the India-Middle East-Europe Economic Corridor project is expected to be finalized later this year....
https://knews.kathimerini.com.cy/en/news/cyprus-avoids-water-cuts-but-your-bill-might-take-a-hit
Cyprus has sidestepped water cuts this summer thanks to a last-minute deal with the United Arab Emirates for 15 mobile desalination units....
https://knews.kathimerini.com.cy/en/news/teknofest-lands-in-turkish-occupied-north
Aviation, drones, and digital dreams took over the old Ercan Airport in the Turkish-occupied areas of Cyprus on Wednesday as TEKNOFEST, a major technology and aviation festival organized by Turkey, officially opened its doors for the first time on the island....
https://knews.kathimerini.com.cy/en/news/christodoulides-to-woo-cypriot-talent-abroad-at-london-‘brain-gain-event
President Nikos Christodoulides is inviting Cypriots living in the UK to a special event in London on Wednesday, May 21, as part of the government’s "Brain Gain" initiative....
https://knews.kathimerini.com.cy/en/news/east-med-marine-offshore-exhibition-2025-another-milestone-for-cyprus-shipping-industry
The 11th East Med Marine & Offshore Exhibition, organized by Fameline Holding Group under the auspices of the Cyprus Deputy Ministry of Shipping and coordinated by Thoosa Events, concluded successfully at the GrandResort in Limassol....
https://knews.kathimerini.com.cy/en/news/ai-adoption-could-boost-global-gdp-by-an-additional-15-percentage-points-by-2035-as-global-economy-is-reshaped-pwc-research
New research published today by PwC reveals that AI has the potential to boost global economic output by up to 15 percentage points over the next decade. ...
