https://knews.kathimerini.com.cy/en/business/israeli-developers-to-launch-€40m-high-rise-project-in-larnaca
An Israeli real estate partnership is set to break ground on a €40 million high-rise residential and tourism project along the Larnaca seafront, according to a joint announcement made this week....
https://knews.kathimerini.com.cy/en/news/eu-gives-cyprus-a-nod-on-fighting-corruption-but-says-it-s-not-enough
Cyprus is making headway in the fight against corruption, according to the European Commission’s 2025 Rule of Law Report released Monday, but Brussels says more work is needed to strengthen accountability and speed up key reforms....
https://knews.kathimerini.com.cy/en/business/new-private-hospital-and-medical-campus-approved-for-lakatamia
A new private hospital is coming to Lakatamia, as the Environmental Authority has officially approved the construction of Hadassah Healthcare Park, a large-scale development that will also include a medical university, biotech offices, and student housing....
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/weekend-drives-just-got-easier-with-new-limassol–saittas-link
If you’re heading out of Limassol this weekend, your drive just got a little easier....
https://knews.kathimerini.com.cy/en/news/cyprus-pressured-to-pay-for-stalled-power-cable-project
Cyprus is under growing pressure from both Greece and Brussels to commit funds to the delayed Cyprus-Crete electricity cable project, despite serious concerns over its viability and geopolitical risks in the region....
https://knews.kathimerini.com.cy/en/business/cyprus-family-businesses-are-struggling-to-survive-experts-warn
Family-owned businesses, long considered the heart of the Cypriot economy, are facing a crisis of survival, with most unable to pass the baton to the next generation, according to business expert Evi Sereti of PwC Cyprus....
https://knews.kathimerini.com.cy/en/news/1-ex-speaker-says-president-ok-d-his-role-in-golden-passport-scheme
In the ongoing saga of the golden passport scandal that rocked Cyprus’ reputation, a surprise document presented in court on Thursday added fresh intrigue to the high-profile criminal trial of former House Speaker Dimitris Syllouris....
https://knews.kathimerini.com.cy/en/business/11-hotel-groups-go-private-on-water-with-€3m-state-backed-desalination-plan
Cyprus’ hotel industry is making a splash, literally. In response to mounting water concerns, 11 major hotel groups across Limassol, Larnaca, and Paphos have filed official applications to install small private desalination units on their premises....
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/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/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/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/news/cyprus-government-posts-€551m-budget-surplus-in-first-five-months-of-2025
Cyprus continues to keep its public finances in check, reporting a general government surplus of €551.2 million for the first five months of 2025, slightly higher than the €542.6 million recorded during the same period last year. ...
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/cyprus-dams-plunge-below-20-as-state-races-to-secure-water-supply
Cyprus is grappling with one of its worst water crises in decades, with dam capacity falling to just 19.6% as of June 27, nearly half of what it was a year ago, officials confirmed....
https://knews.kathimerini.com.cy/en/news/trump-offers-$30b-to-iran-ditch-the-enrichment
In a dramatic shift from bombs to diplomacy, the Trump administration is reportedly considering a bold new offer to Iran: up to $30 billion in foreign financing to help build a nuclear energy program, so long as Tehran agrees to give up uranium enrichment entirely....
https://knews.kathimerini.com.cy/en/news/cyprus-sports-organization-unveils-plans-for-modern-sports-facilities-across-cyprus
The Cyprus Sports Organisation (KOA) announced plans Wednesday to build a new 4,000–5,000-seat stadium at the Makario complex in Nicosia and signed a memorandum of understanding with stakeholders in Paphos to upgrade the "Stelios Kyriakides" stadium, aiming to address long-standing infrastructure issues across Cyprus....
https://knews.kathimerini.com.cy/en/business/1-freedom-holding-corp-reports-23-revenue-growth-for-fy2025-driven-by-strong-performance-across-brokerage-and-insurance-segments
Freedom Holding Corp. (FRHC), a diversified financial services firm and the founder of Freedom24, has announced its financial results for the fiscal year ended 31 March 2025. ...
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/business/brainrocket-becomes-a-donor-of-techisland
TechIsland is proud to announce that BrainRocket, a global company creating innovative end-to-end tech products, has joined as one of the association’s esteemed Donors....
https://knews.kathimerini.com.cy/en/business/25-real-estate-investment-opportunities-by-astrobank
AstroBank is offering an exceptional selection of residential land for sale in Nicosia, Paphos and Famagusta....
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/news/freedom-holding-corp-reports-23-revenue-growth-for-fy2025-driven-by-strong-performance-across-brokerage-and-insurance-segments
Freedom Holding Corp. (FRHC), a diversified financial services firm and the founder of Freedom24, has announced its financial results for the fiscal year ended 31 March 2025. ...
https://knews.kathimerini.com.cy/en/business/swiss-central-bank-slashes-interest-rates-to-0-to-fight-soaring-franc-and-deflation
In a surprise move, Switzerland’s central bank has slashed interest rates to zero, aiming to counter falling prices and slow the rapid rise of the Swiss franc, which has been drawing heavy investment as a safe-haven currency during global economic uncertainty....
https://knews.kathimerini.com.cy/en/news/the-catalytic-role-of-legal-and-regulatory-functions-in-the-modern-era-of-sustainable-development
In the traditional business environment, legal and compliance professionals were seen as “gatekeepers.” Today, they are evolving into custodians of alignment and harmonization with legal and regulatory frameworks. ...
https://knews.kathimerini.com.cy/en/news/bank-of-cyprus-sells-€75m-worth-of-paphos-property-to-exness
The Bank of Cyprus has closed a major property deal with fintech firm Exness, selling land worth €75 million in Paphos, sources confirmed to Kathimerini Cyprus....
https://knews.kathimerini.com.cy/en/business/bollywood-bots-and-big-bucks-as-cyprus-becomes-india-s-new-business-and-movie-hub
In a major boost to Cyprus’s economy and international standing, two Indian companies have officially announced their expansion into the country, with more than 20 others reportedly exploring similar moves....
https://knews.kathimerini.com.cy/en/news/modi-begins-two-day-visit-to-cyprus-set-to-sign-joint-declaration-on-strategic-cooperation
Indian Prime Minister Narendra Modi arrived in Cyprus on Sunday for a two-day official visit, marking what Cypriot President Nikos Christodoulides called a historic step in the growing relationship between the two countries....
