https://knews.kathimerini.com.cy/en/business/cyta-to-build-cyprus-largest-privately-owned-data-center-after-redmax-acquisition
Cyta is expanding its digital infrastructure with the acquisition of the RedMax data center in the Latsia Industrial Area, a project that will significantly increase its ability to deliver Cloud computing and equipment colocation services to customers in Cyprus and overseas....
https://knews.kathimerini.com.cy/en/news/golden-defence-deals-and-tough-messages-to-putin-and-iran
The 32 leaders sent a message of unity and a firm response to longstanding American pressure for greater European participation in collective defense through the joint declaration they adopted at the NATO Summit in Ankara. ...
https://knews.kathimerini.com.cy/en/news/residents-and-businesses-reject-nicosia-s-€10-8m-historic-centre-redevelopment-plan
Business owners and residents in Nicosia's historic centre have rejected the municipality's proposed redevelopment plans, arguing that the project falls well short of what the area requires and calling for a substantially larger investment....
https://knews.kathimerini.com.cy/en/business/alpha-bank-cyprus-is-strengthening-its-customer-centric-model-through-a-new-strategic-investment-in-digital-transformation
Alpha Bank Cyprus is taking another significant step in its digital transformation journey, further strengthening its customer-centric operating model through a new strategic investment that upgrades the way it serves, communicates with, and responds to the needs of its Customers....
https://knews.kathimerini.com.cy/en/news/former-transport-minister-among-10-facing-corruption-and-money-laundering-charges
Ten defendants, including former transport minister Mario Demetriades, are facing an extensive list of criminal charges linked to Cyprus' citizenship-by-investment programme, with the case expected to begin later this year....
https://knews.kathimerini.com.cy/en/business/coral-cyprus-shell-licensee-strengthens-the-shell-service-station-network-with-a-new-strategic-location-in-aradippou
Coral Cyprus (Shell Licensee), which holds the licence to use the Shell trademark in Cyprus, has proceeded with the acquisition of a new service point in Aradippou, further strengthening the network of service stations bearing the Shell brand and its presence in the Larnaca district....
https://knews.kathimerini.com.cy/en/news/cyprus-faces-severe-2030-electricity-shortage-without-vassilikos-gas-terminal
Cyprus faces a severe electricity deficit by 2030 unless the delayed natural gas terminal at Vassilikos is completed, Energy Minister Michalis Damianos told MPs on Tuesday....
https://knews.kathimerini.com.cy/en/news/cyprus-institute-of-neurology-and-genetics-opens-massive-new-€31m-campus-extension
The Cyprus Institute of Neurology and Genetics (CING) has officially inaugurated a massive new facility at its campus, marking the largest infrastructure expansion in the prominent research organization’s decades-long history....
https://knews.kathimerini.com.cy/en/business/freedom24-in-the-2026-fintech-awards-best-pan-european-retail-investment-platform-ai-in-finance-innovation-award
Freedom24, a European subsidiary of Freedom Holding Corp., has been named a winner in two categories of the 2026 FinTech Awards by Wealth & Finance International, securing recognition both for its position as a pan-European investment platform and for its AI-driven Neo Compliance framework. The distinctions underline the growing relevance of technology-led innovation in European investment services, where scale, speed and regulatory rigour increasingly define market leadership....
https://knews.kathimerini.com.cy/en/news/eu-launches-five-major-joint-defence-projects-to-counter-fragmented-military-spending
The European Union has launched five massive, multi-billion-euro military initiatives in a coordinated effort to force member states out of their habit of buying weapons independently....
https://knews.kathimerini.com.cy/en/news/cyprus-ports-authority-unveils-415-million-euro-roadmap-for-larnaca-waterfront
The Cyprus Ports Authority has unveiled a €415 million roadmap to revamp the Larnaca port and marina, setting a course that stretches to 2045....
https://knews.kathimerini.com.cy/en/business/lidl-cyprus-introduces-lidl-pay
Leading the way in modern retail transformation, Lidl Cyprus announces the official launch of the new, innovative Lidl Pay service in the Cypriot market....
https://knews.kathimerini.com.cy/en/business/business-lending-loses-momentum-because-of-the-middle-east-conflict
Bank lending in Cyprus had been on a strong upward trend for the past year and a half, but the war involving the United States, Israel, and Iran brought that pace to a stop. As a result, forecasts of slower credit growth were confirmed in March, even though Cyprus continues to perform well economically....
https://knews.kathimerini.com.cy/en/business/from-chatbots-to-co-workers
AI is no longer a productivity tool. For the small group of organisations that have done the work, it has become the single largest source of operating leverage on their P&L....
https://knews.kathimerini.com.cy/en/news/cyprus-steps-up-newborn-testing-to-shield-infants-from-ten-genetic-disorders
Cyprus is on track to significantly expand its universal newborn screening program by the end of 2026, introducing tests for three additional genetic conditions as part of a phased expansion to detect ten diseases at birth....
https://knews.kathimerini.com.cy/en/business/aegean-continues-to-shape-greece-s-next-generation-of-pilots
AEGEAN announces the launch of a new cycle of its Pilot Scholarship Program, continuing an initiative it has consistently implemented since 2018 with the aim of fostering the next generation of aviation professionals in Greece....
https://knews.kathimerini.com.cy/en/business/cyprus-picks-up-investment-momentum
Cyprus is maintaining a strong grip on investment interest, primarily due to its strategic geographic location, its well-developed professional services sector, and the attractive business environment it has built....
https://knews.kathimerini.com.cy/en/news/ireland-s-eu-presidency-set-to-cost-more-than-three-times-cyprus
Ireland is preparing for one of the most expensive Presidencies of the Council of the European Union in recent years, with estimated spending approaching €293 million. ...
https://knews.kathimerini.com.cy/en/business/cyprus-climbs-the-global-competitiveness-rankings
Cyprus' economy is showing encouraging progress in competitiveness, ranking 42nd out of 70 economies in this year's IMD World Competitiveness Yearbook. The country improved by two places compared with last year, climbing from 44th in 2025....
https://knews.kathimerini.com.cy/en/news/aradippou-mayor-calls-for-industrial-areas-to-be-relocated-away-from-homes-after-factory-fire
The Mayor of Aradippou has urged authorities to redesign planning policies so that industrial estates and residential neighbourhoods are no longer located next to one another, following Monday's major factory fire....
https://knews.kathimerini.com.cy/en/news/cyprus-gas-fields-declared-ready-for-development
Most Cypriots have heard about ''Cyprus natural gas'' for years, usually alongside big announcements, technical terms, and long timelines. Now, there is another step forward, but again, the benefits are still far from the kitchen table....
https://knews.kathimerini.com.cy/en/news/monaco-blast-linked-to-cypriot-ukrainian-businessman
A major manhunt is underway in southern France after a parcel bomb exploded at a residential building in Monaco, seriously injuring a wealthy Ukrainian businessman and his family, in what authorities describe as a rare and shocking attack in the principality....
https://knews.kathimerini.com.cy/en/business/turkey-plans-$100-million-digital-upgrade-in-occupied-north
A Turkish-based telecommunications company has unveiled plans to invest more than $100 million in upgrading digital infrastructure in the occupied part of Cyprus, aiming to roll out fiber-optic networks and develop 5G services in the area....
https://knews.kathimerini.com.cy/en/business/invel-real-estate-closes-oversubscribed-eudora-fund-2-at-€400m
Invel Real Estate (“Invel”), a leading European private equity real estate firm, announces today the final close of Invel Eudora Fund 2 (the “Fund”) at over €400 million in total capital commitments, exceeding its original target of €300 million. Including leverage and co-investment capital, the Fund will have a firepower in excess of €1 billion. ...
https://knews.kathimerini.com.cy/en/news/when-the-numbers-look-good-but-life-doesn-t-feel-it
Cyprus has been recording economic growth rates in recent years that would make even some of Europe’s strongest economies take notice....
https://knews.kathimerini.com.cy/en/news/inside-hadassah-s-plan-to-reshape-private-healthcare-in-cyprus
The team behind the new Hadassah Medical Center Limassol says its ambition goes beyond opening another private healthcare facility, with plans centred on introducing a different approach to diagnosis, treatment and specialist care in Cyprus....
https://knews.kathimerini.com.cy/en/news/cyprus-plans-controlled-recruitment-of-nurses-from-third-countries-to-plug-600-staff-gap
Cyprus is considering the controlled recruitment of nurses from third countries as part of efforts to tackle a persistent staffing crisis in the country’s health system, where officials say there is currently a shortage of around 600 nurses....
https://knews.kathimerini.com.cy/en/business/apple-raises-prices-on-macbooks-and-ipads
Apple has raised prices across a range of its popular devices, in a move that could eventually be felt by consumers in Cyprus as well, especially those planning to upgrade their laptops or tablets....
https://knews.kathimerini.com.cy/en/business/the-national-and-kapodistrian-university-of-athens-and-k-treppides-co-group-launch-a-landmark-partnership-to-shape-the-next-generation-of-leaders-in-greece-and-cyprus
The National and Kapodistrian University of Athens (NKUA) and K Treppides & Co Group are proud to announce the signing of a Memorandum of Understanding (MoU), executed on Monday, 15 June 2026, marking the beginning of a landmark strategic partnership aimed at bridging academic excellence with professional experience and creating new opportunities for the next generation of economists, business professionals, researchers and leaders in Cyprus and Greece....
https://knews.kathimerini.com.cy/en/news/cyprus-installs-first-big-battery-systems-to-cut-solar-power-cuts
The signing of contracts for Cyprus’ first central electricity storage systems marks a major step toward reducing the solar energy that is currently being wasted from both residential and commercial photovoltaic systems....
