https://knews.kathimerini.com.cy/en/business/fitch-upgrades-cyprus-to-‘a-on-strength-of-public-finances
Cyprus has received another credit rating upgrade, with Fitch Ratings raising the country’s long-term rating from ‘A-’ to ‘A’, citing strong public finances, falling debt levels and continued economic growth....
https://knews.kathimerini.com.cy/en/news/gsi-s-final-cost-remains-unclear
The Great Sea Interconnector (GSI) still lacks a reliable final cost estimate and a firm timetable for completing its assessment, as the European Investment Bank awaits clarification of crucial technical, financial and contractual details....
https://knews.kathimerini.com.cy/en/business/cyprus-s-external-gap-widens-as-growth-holds-up
Cyprus’s economy continues to expand, but the widening imbalance in its external accounts deserves closer attention. The current account records earnings and payments between Cyprus and the rest of the world, covering trade, investment income and transfers (e.g., from the European Commission). The Central Bank of Cyprus’s revised figures put the 2025 deficit at 8.8% of GDP, compared with 6.4% previously reported (Figure 1). By contrast, the 2024 deficit was revised to 5.5% of GDP, down from 8.2% previously reported. These changes show that the gap widened in 2025, reversing the earlier picture of improvement. Figures for the first six months of 2026 show further pressure.
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https://knews.kathimerini.com.cy/en/news/cyprus-looks-to-turn-closer-us-ties-into-business-at-home
The American Chamber of Commerce in Cyprus brought diplomats and business leaders together Friday to discuss how to make it easier for U.S. companies to invest on the island and for Cypriot firms to find partners abroad....
https://knews.kathimerini.com.cy/en/business/petrolina-long-standing-sponsor-of-the-let-s-do-it-cyprus-campaign
Committed to protecting the natural environment and raising environmental awareness, Petrolina continues to support Cyprus’s largest environmental campaign, Let’s Do It! Cyprus, which it has sponsored since 2014. This year, the company is participating as a Silver Sponsor of Let’s Do It! Cyprus 2026.
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https://knews.kathimerini.com.cy/en/life/christoudia-winery-offers-a-taste-of-cyprus-through-wine-and-tradition
Featured in WIZ Guide, Christoudia Winery in Kato Drys offers visitors a taste of Cypriot wine culture through guided winery tours, tastings of indigenous grape varieties and traditional local food. The family-run estate combines its winemaking heritage with a countryside experience among the vineyards....
https://knews.kathimerini.com.cy/en/news/europol-led-investigation-on-global-investment-fraud-brings-three-arrests-in-limassol
Three women have been arrested in Limassol as part of an international investigation into an alleged online investment fraud network suspected of supporting scams targeting victims in more than 50 countries....
https://knews.kathimerini.com.cy/en/business/freedom24-plans-geneva-office-for-q1-2027-deepening-ties-with-swiss-finance-and-research
Geneva combines international finance, wealth management and institutional trust with access to world-class research and innovation. Freedom24 sees opportunities to connect its digital financial expertise and the group’s technological capabilities with Switzerland’s financial and scientific ecosystem.
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https://knews.kathimerini.com.cy/en/comment/opinion/what-happens-when-you-can-no-longer-afford-your-own-neighborhood
Gentrification has come to Cyprus, too. Over the past few years, it has taken hold mainly in the coastal cities, where it has sent rents and home prices soaring....
https://knews.kathimerini.com.cy/en/business/more-than-€1-billion-spent-on-measures-to-curb-rising-prices-since-2023
The Government has allocated more than €1 billion since 2023 to help households cope with rising living costs, Finance Minister Makis Keravnos said, pointing to five support packages introduced in response to imported inflation and the energy crisis....
https://knews.kathimerini.com.cy/en/life/life-lessons-you-wish-you-d-known-at-20
These are the life lessons most people only learn the hard way by their forties. Knowing them earlier can change how you handle responsibility, relationships, self-worth, and the slow work of building a life that actually feels good....
https://knews.kathimerini.com.cy/en/business/cyprus-developers-oversee-€8bn-portfolio-as-efforts-to-attract-us-investors-gather-pace
Cyprus is stepping up efforts to attract American investment as developers oversee projects worth more than €8bn across the island. The Government's plans come alongside calls from the construction sector for faster approvals, regulatory improvements and more affordable housing....
https://knews.kathimerini.com.cy/en/business/limassol-ai-avatar-company-seeks-investors-to-expand-abroad
The next time you ask a question at a touchscreen kiosk, the answer could come from a digital character that speaks back—powered by technology from a Limassol company....
https://knews.kathimerini.com.cy/en/business/innovation-minister-heads-to-silicon-valley-seeking-investors-for-local-startups
A good idea can start in Cyprus. Finding the money, customers, and contacts to turn it into a thriving business often means looking beyond the island....
https://knews.kathimerini.com.cy/en/business/exinity-training-hub-launches-pioneering-new-approach-to-autism-inclusive-emergency-care-in-cyprus
A new chapter in social inclusion is taking shape in Cyprus with the launch of the Exinity Training Hub, an ambitious initiative developed by NGO Voice for Autism and brought to life through the support of Exinity and the Andrey & Julia Dashin’s Foundation.
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https://knews.kathimerini.com.cy/en/news/cyprus-urges-eu-to-intervene-over-planned-turkey–occupied-areas-gas-pipeline
Nicosia is seeking help from Brussels as plans advance for a subsea, bidirectional natural gas pipeline between Turkey and the self-declared ''turkish republic of northern cyprus.''...
https://knews.kathimerini.com.cy/en/news/kronos-the-offshore-underdog-that-became-the-front-runner
Fifteen years after the first discovery of substantial hydrocarbon reserves in Cyprus’ exclusive economic zone, the Republic of Cyprus and Italian energy company Eni have taken their most significant step toward bringing the island into the ranks of energy-producing countries....
https://knews.kathimerini.com.cy/en/news/cyprus-proves-a-lucrative-market-for-banks
Cyprus remains a strong source of bank profits, with two of the three banks whose parent companies are based in Greece reporting impressive results. ...
https://knews.kathimerini.com.cy/en/news/uae-moves-closer-to-permanent-embassy-in-israel
Israeli planning authorities have approved plans for a permanent United Arab Emirates embassy in Herzliya, allowing a building of up to 15 floors, six years after the countries established diplomatic relations under the U.S.-brokered Abraham Accords....
https://knews.kathimerini.com.cy/en/business/eurobank-profits-climb-as-cyprus-delivers-nearly-a-third-of-earnings
Eurobank’s profits rose in the first nine months of 2026, with Cyprus providing nearly a third of the group’s adjusted earnings, even though profits from its operations on the island fell slightly....
https://knews.kathimerini.com.cy/en/news/cancer-becomes-cyprus-leading-cause-of-death-for-the-first-time
Cancer overtook cardiovascular disease as the leading cause of death in Cyprus for the first time in 2024, according to Health Minister Neophytos Charalambides....
https://knews.kathimerini.com.cy/en/business/cyprus-china-trade-surges-26-to-$1-44-billion-in-2025
Cyprus-China bilateral trade reached $1.44 billion in 2025, rising by 26% as both countries seek to expand cooperation in investment, technology, tourism and renewable energy. The Cyprus-China Cooperation and Entrepreneurship Forum in Nicosia brought together business leaders and local officials to explore new commercial partnerships....
https://knews.kathimerini.com.cy/en/news/pamboridis-bets-he-can-unite-disy-—-but-will-averof-back-him
Giorgos Pamboridis outlined his vision and policy platform today at his first news conference since formally entering the race for Democratic Rally’s nomination for the 2028 presidential election....
https://knews.kathimerini.com.cy/en/comment/opinion/who-wants-to-run-a-business-in-cyprus-anymore
Between armed conflicts, geopolitical developments, a prolonged energy crisis and constant shifts in the global economy, running a business in Cyprus is becoming increasingly difficult....
https://knews.kathimerini.com.cy/en/business/is-limassol-becoming-too-expensive-for-business
Limassol’s cost-of-living pressures appear to be reaching a breaking point, extending beyond households and residents to the business community....
https://knews.kathimerini.com.cy/en/business/gdp-growth-accelerates-in-q2-on-strong-consumption-and-investment
Despite the deterioration in the global economic environment following the outbreak of the US-Iran war, the Cypriot economy remained resilient in Q2 2026, with GDP growth accelerating to 3.3%YoY, from 3.0%YoY in the previous quarter. ...
https://knews.kathimerini.com.cy/en/business/pwc-cyprus-strengthens-its-leadership-team-with-three-new-partners
PwC Cyprus announces that Michalis Zourides , Lambros Kyriakides and Panayiotis Hadjiconstantinou will join the firm's Partnership, assuming their roles as Partners effective 1 January 2027.
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https://knews.kathimerini.com.cy/en/news/cyprus-signs-major-gas-deal-with-kronos-production-targeted-for-2028
Cyprus moved a step closer Monday to turning its offshore natural gas into an income source for the country, signing contracts worth up to $1.8 billion to develop the Kronos field....
https://knews.kathimerini.com.cy/en/business/trouble-in-the-financial-shadows-is-cyprus-ready
When inflation began to run out of control in the 1970s, a provision of the Glass-Steagall framework, then approaching its 40th anniversary, began to make its presence felt in the markets....
https://knews.kathimerini.com.cy/en/business/cyprus-defense-tech-industry-grows-but-can-it-turn-innovation-into-business
The number of defense technology companies in Cyprus is growing, creating a diverse ecosystem capable of developing new solutions as well as bringing existing technologies to market.
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