https://knews.kathimerini.com.cy/en/business/cyprus-at-a-crossroads-can-the-island-become-a-regional-business-powerhouse
In a candid and forward-looking interview, Invest Cyprus President Evgenios Evgeniou shares how the island is gaining traction as a regional investment hub but also warns that serious challenges must be tackled head-on if Cyprus wants to stay competitive....
https://knews.kathimerini.com.cy/en/news/cyprus-deputy-minister-denies-torture-of-migrants-in-buffer-zone
Deputy Minister of Migration and International Protection Nikolas Ioannidis on Friday denied allegations of torture involving migrants stranded in Cyprus’s Buffer Zone, saying their basic needs were met and their lives were never in danger....
https://knews.kathimerini.com.cy/en/business/banks-show-profit-decline-asset-growth-and-capital-strengthening-in-q1-2025
The Central Bank of Cyprus released updated data Wednesday showing a decline in bank profits, an increase in assets, and a stronger capital position for the first quarter of 2025....
https://knews.kathimerini.com.cy/en/business/bidx1-to-hold-major-property-auction-on-30th-july-featuring-homes-from-€60k-and-online-bidding-access
BidX1, the property auction platform, has announced that it will hold a large auction on Wednesday 30th July, offering homebuyers, investors, and developers an exciting opportunity to secure real estate in Cyprus before the summer slow-down....
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/business/cyprus-entices-the-modern-traveler-with-authentic-year-round-experiences
Cyprus is aiming to attract a new generation of travelers, demanding, conscious, and experience-driven, through its National Tourism Strategy, according to officials....
https://knews.kathimerini.com.cy/en/comment/opinion/prosecutors-arrogance-fuels-public-outrage-in-cyprus
Something deeper, and far more troubling, than whether Savvas Angelides would resign or not was revealed in the press conference he held last Tuesday as Deputy Attorney General....
https://knews.kathimerini.com.cy/en/news/another-day-another-yellow-alert-welcome-to-fry-day-in-cyprus
If it feels like we’ve been stuck in a permanent yellow alert, it’s because... well, we pretty much have. And surprise! Just in time for the weekend, Cyprus is getting hit with yet another yellow warning for extreme heat. Because why not?...
https://knews.kathimerini.com.cy/en/business/deposit-rates-fall-for-households-and-businesses-while-mortgage-rates-climb
Average interest rates on deposits from households and businesses in Cyprus declined in May compared to April, while average mortgage rates edged higher, according to data released Thursday by the Central Bank of Cyprus....
https://knews.kathimerini.com.cy/en/news/guilfoyle-vows-to-champion-cyprus-greece-and-israel-in-u-s-foreign-policy
Kimberly Guilfoyle, nominee for a seat on the influential U.S. Senate Foreign Relations Committee, pledged during her confirmation hearing to prioritize strong American alliances with Cyprus, Greece, and Israel, calling the Eastern Mediterranean region vital to U.S. national security....
https://knews.kathimerini.com.cy/en/news/lebanese-president-makes-one-day-visit-to-cyprus-for-bilateral-talks
President Nikos Christodoulides welcomed Lebanese President Joseph Aoun to Cyprus on Wednesday for a one-day official visit, marking a renewed commitment to strengthening ties between the two neighboring countries....
https://knews.kathimerini.com.cy/en/business/scammers-pose-as-clients-and-bank-officials-to-dupe-nicosia-businessman-out-of-€14-500
A 57-year-old businessman in Nicosia was scammed out of €14,500 after falling victim to a sophisticated phone fraud scheme, police said Tuesday....
https://knews.kathimerini.com.cy/en/business/1-agricultural-plots-for-sale-by-astrobank
AstroBank has listed for sale large agricultural plots in Nicosia, Limassol, Paphos, and Larnaca that are ideal as investments....
https://knews.kathimerini.com.cy/en/news/another-yellow-warning-cyprus-summer-is-just-being-cyprus-again
We’ve had a few yellow warnings already, and guess what? Here comes another one. Honestly, it wouldn’t feel like summer in Cyprus without at least one reminder that our weather has absolutely no chill....
https://knews.kathimerini.com.cy/en/life/caritas-opens-kipos-for-kids-and-curious-minds
Caritas Cyprus has just planted something special in the heart of Nicosia, and it’s already growing smiles....
https://knews.kathimerini.com.cy/en/news/bizonal-federation-no-longer-unites-both-sides-says-un-envoy
The United Nations' personal envoy for Cyprus, Maria Angela Holguin, has warned that one of the biggest casualties of the failed peace talks in Crans Montana is the loss of a shared vision for the island’s future....
https://knews.kathimerini.com.cy/en/news/doors-open-for-global-talent-as-cyprus-rolls-out-eu-blue-card
Starting Monday, July 7, non-EU professionals looking to live and work in Cyprus can officially apply for the EU Blue Card, a special residence and work permit for highly skilled workers....
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....
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/comment/opinion/a-mediterranean-university-for-a-shared-future
In a world increasingly defined by fragmentation and crisis, education remains by far the most powerful tool to connect people. ...
https://knews.kathimerini.com.cy/en/news/scandal-deepens-in-socialite-crime-ring-case-as-family-returns-to-court
The scandal surrounding a 37-year-old businesswoman and socialite at the center of a suspected organized crime ring in Cyprus took a darker turn this week, with her parents and brother once again brought before the Nicosia District Court....
https://knews.kathimerini.com.cy/en/news/we-know-it-s-only-thursday-but-we-can-almost-taste-the-weekend
We are desperately eyeing the weekend like it's the last piece of cake at a summer picnic, and not even the prospect of becoming human toast is going to ruin it for us....
https://knews.kathimerini.com.cy/en/business/eu-pressures-cyprus-over-stalled-power-cable-project
The European Commission is stepping up pressure on Cyprus to approve cost recovery measures for the stalled Great Sea Interconnector (GSI) electricity cable, amid mounting tensions between Nicosia and Athens over the ambitious but delayed project....
https://knews.kathimerini.com.cy/en/business/odysseas-fires-fresh-criticism-at-government-over-larnaca-towers
Odysseas Michaelides has launched fresh criticism against the government and Environment Department over the controversial high-rise development planned for the coastal refinery zone in Larnaca, accusing authorities of “selective clarification and skillful concealment” regarding environmental concerns....
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-sheds-€2-5b-in-real-estate-marks-biggest-property-sale-in-island-s-history
The Bank of Cyprus has officially sold off more than €2.5 billion worth of real estate, over 5,100 properties, through its Real Estate Management Unit (REMU), marking a major milestone in clearing long-standing burdens from its balance sheet, according to Kathimerini's Panayiotis Rougalas....
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/business/columbia-group-buys-venus-rock-golf-for-€132m-in-one-of-cyprus-biggest-real-estate-deals
One of the largest real estate deals ever recorded in Cyprus closed Monday morning, as the Columbia Group signed a €132 million agreement to acquire the sprawling Venus Rock Golf resort in Paphos....
https://knews.kathimerini.com.cy/en/news/short-on-lifeguards-long-on-risk-as-limassol-beaches-struggle-to-stay-safe
With summer in full swing, a serious shortage of lifeguards is raising concerns about swimmer safety along Limassol’s coastline....
https://knews.kathimerini.com.cy/en/news/wave-of-threats-escalates-against-customs-department-staff-and-management
“We are not intimidated by threats,” declares the Customs Officers Branch of PASYDY in a statement condemning “in the strongest terms the threats directed at members of the staff and management of the Customs Department, which in recent times have escalated dangerously and blatantly.”...
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....