https://knews.kathimerini.com.cy/en/news/a-deal-at-last-possible-us-iran-breakthrough-could-spell-relief-closer-to-home
After weeks of speculation, mixed signals, and previous announcements by US President Donald Trump that suggested a breakthrough was near, Washington and Tehran appear to be closer than ever to ending a conflict that has kept the Middle East on edge and sent shockwaves through global energy markets....
https://knews.kathimerini.com.cy/en/news/cyprus-shows-strong-growth-and-falling-debt-but-warning-signs-remain
Cyprus’ economy is continuing to grow strongly, with falling debt and a stabilizing financial system, but new risks linked to regional instability and long-term structural challenges are still hanging over the country, according to a new European report....
https://knews.kathimerini.com.cy/en/business/deutsche-bank-sees-greek-banks-as-takeover-targets-with-bank-of-cyprus-in-view
Greek banks are attractive targets for mergers and acquisitions, according to Deutsche Bank, with Eurobank and Piraeus Bank standing out in particular. The bank also suggests that Bank of Cyprus could be a potential target for National Bank of Greece....
https://knews.kathimerini.com.cy/en/business/more-interest-rate-hikes-on-the-way-hitting-cypriot-borrowers-again
The last time the European Central Bank (ECB) raised interest rates was on September 20, 2023. But all signs suggest that another increase could be coming as early as next week....
https://knews.kathimerini.com.cy/en/business/cyprus-signs-tax-deal-with-kyrgyzstan-to-strengthen-business-ties
Cyprus and Kyrgyzstan have signed a new agreement designed to make doing business between the two countries easier, while helping prevent tax evasion and providing greater certainty for investors....
https://knews.kathimerini.com.cy/en/news/building-a-home-in-cyprus-is-getting-more-expensive
Building a home in Cyprus has become noticeably more expensive over the past year, with construction material costs rising sharply and adding fresh pressure on property prices across the island....
https://knews.kathimerini.com.cy/en/business/cyprus-based-brokerage-boosts-its-financial-safety-under-regulator-pressure
A Limassol-based brokerage firm has updated its financial disclosures to Cyprus regulators in a move aimed at strengthening its resilience against market volatility and meeting stricter EU financial rules....
https://knews.kathimerini.com.cy/en/business/cysec-fines-limassol-forex-firms-over-missing-risk-warnings-in-cfd-trading-ads
Cyprus’ financial regulator has imposed fines and issued formal warnings to two Limassol-based forex companies after finding that they failed to properly display risk warnings in their marketing for high-risk trading products....
https://knews.kathimerini.com.cy/en/news/authorities-return-to-trozena-as-questions-grow-over-major-development-in-protected-area
A major development in the Trozena area is back under the spotlight, with Limassol authorities preparing to return to the site within days to check whether construction work has stopped after warnings over possible planning breaches....
https://knews.kathimerini.com.cy/en/business/good-news-for-tourism-uk-and-us-ease-travel-advisories-for-cyprus
The summer season is getting off to an encouraging start for Cyprus' tourism industry, which has faced growing uncertainty in recent months due to the crisis and geopolitical tensions in the Middle East....
https://knews.kathimerini.com.cy/en/business/freedom-holding-corp-reports-record-revenue-and-doubles-net-profit-in-fy2026
Freedom Holding Corp., the parent company of Freedom24, has reported record revenue and doubled its net profit for the 2026 fiscal year, which ended on 31 March 2026. The results were published on 1 June....
https://knews.kathimerini.com.cy/en/news/eu-says-carbon-storage-expansion-remains-on-track-for-2030-targets
The European Union says plans to build large-scale carbon dioxide storage infrastructure across Europe remain on track, with several new carbon capture and storage projects expected to begin operations over the next few years....
https://knews.kathimerini.com.cy/en/life/limassol-s-economic-transformation-through-the-centuries
Limassol is one of the clearest examples in the Eastern Mediterranean of a city that transformed its economic identity over the centuries. What began as a small farming settlement gradually developed into a complex economic hub with international reach. Its geographic position, historical circumstances, and the adaptability of its people shaped a dynamic economic journey....
https://knews.kathimerini.com.cy/en/business/invest-cyprus-strengthens-business-and-investment-ties-with-india
On 21 May 2026, Invest Cyprus successfully organized a closed Investors’ Roundtable in Mumbai during the Official Visit of H.E. the President of the Republic of Cyprus, Mr. Nikos Christodoulides, to India, reaffirming Cyprus’ commitment to strengthening economic and investment relations with one of the world’s largest and fastest-growing economies....
https://knews.kathimerini.com.cy/en/business/official-opening-of-the-eurobank-india-office-marks-a-new-milestone-in-europe–india-connectivity
An official inauguration ceremony for the Eurobank India Office was held on 21 May 2026 at the Taj Mahal Palace Hotel in Mumbai, with the President of the Republic of Cyprus, Mr Nikos Christodoulides, in attendance....
https://knews.kathimerini.com.cy/en/news/cyprus-moves-closer-to-schengen-entry-by-end-of-2026-or-early-2027
Cyprus could be only a few months away from joining Europe’s Schengen Area, with President Nikos Christodoulides saying the process is moving forward and a political decision is expected in late 2026 or early 2027....
https://knews.kathimerini.com.cy/en/comment/opinion/talking-past-the-real-issue
Mr. Uriel Kurtz said that besides the beauty of the landscape and the island’s proximity to Israel, he was also drawn to the fact that we Cypriots speak English. As a European citizen, he explained, he could live and invest anywhere in the EU. What made Cyprus attractive to him was that he could communicate in English without having to learn the local language....
https://knews.kathimerini.com.cy/en/news/nikos-christodoulides-arrives-in-india-with-red-carpet-welcome
Nikos Christodoulides arrived in India on Wednesday for an official state visit aimed at strengthening economic and political ties between Cyprus and one of the world’s fastest-growing global powers....
https://knews.kathimerini.com.cy/en/business/rics-cyprus-property-price-index-with-kpmg-in-cyprus-announces-results-of-2026-q1
KPMG in Cyprus announces that the “RICS Cyprus Property Price Index with KPMG in Cyprus” has been issued for the first quarter of 2026....
https://knews.kathimerini.com.cy/en/news/cyprus-banking-map-set-to-shrink-as-two-smaller-banks-change-hands
Developments involving two smaller Cypriot banks are reshaping the country’s banking sector, pointing to further consolidation in an industry that has steadily strengthened in recent years....
https://knews.kathimerini.com.cy/en/news/christodoulides-heads-to-india-for-high-level-state-visit
Cyprus President Nikos Christodoulides is traveling to India today for a state visit aimed at strengthening political and economic ties between the two countries, with a heavy focus on investment, technology, and long-term cooperation....
https://knews.kathimerini.com.cy/en/business/eurobank-raises-€700-million-after-investor-demand-surges-nearly-fourfold
Eurobank has raised €700 million through a new bond issue after attracting far stronger investor interest than expected, another sign that international markets remain confident in the bank and the wider Greek banking sector....
https://knews.kathimerini.com.cy/en/news/eurobank-returns-to-markets-with-new-six-year-bond-issue
Eurobank has returned to international markets with a new senior preferred bond issue, continuing a broader trend among European banks seeking fresh funding and stronger financial buffers....
https://knews.kathimerini.com.cy/en/comment/opinion/on-trozena-s-pitch-black-ridge
Trozena is a Greek Cypriot village, while Gerovasa and Fasli are Turkish Cypriot ones. Small villages, forgotten villages, abandoned today, until suddenly they turned into investment El Dorados. Now everyone is trying to balance somewhere between development and what people politely call “rural gentrification,” while the State once again watches from the sidelines....
https://knews.kathimerini.com.cy/en/business/deloitte-launched-the-5th-edition-of-the-middle-east-cyprus-technology-fast-50-celebrating-a-new-generation-of-regional-tech-champions-across-the-region
Deloitte Middle East has announced the results of the 5th edition of its Technology Fast 50 programme, celebrating the fastest-growing technology companies across Cyprus and the Middle East, and spotlighting the founders shaping the region’s future....
https://knews.kathimerini.com.cy/en/news/will-the-cyprus-greece-cable-ever-happen
The Great Sea Interconnector (GSI), which is the undersea electricity cable connecting Cyprus to Crete and eventually mainland Greece, was once presented as a game-changing project that could end Cyprus’ energy isolation, stabilize the island’s electricity network and potentially lower power bills for consumers....
https://knews.kathimerini.com.cy/en/business/invest-cyprus-and-the-portuguese-brazilian-chamber-of-commerce-strengthen-the-bridge-between-brazil-portugal-cyprus-and-middle-east
Invest Cyprus participated in the exclusive event “From Brazil to Europe & MENA: Unlocking Business & Investment Opportunities through Portugal and Cyprus”, held on 28 April 2026 at the WTC Lisbon. The event brought together distinguished leaders, investors, policymakers, and representatives of the innovation ecosystem to highlight new strategic pathways connecting Brazil, Portugal, Cyprus, Europe, and the Middle East....
https://knews.kathimerini.com.cy/en/news/woman-loses-€39-000-in-online-‘investment-scam
A 64-year-old woman in Cyprus lost €39,000 after falling victim to what police believe was a sophisticated online investment scam that unfolded over several months, authorities said Tuesday....
https://knews.kathimerini.com.cy/en/business/cysec-suspends-voting-rights-of-lydya-financial-owner
Cyprus’ financial regulator has suspended the voting rights of the sole shareholder of Lydya Financial Ltd. and banned him from carrying out management duties, saying his influence over the company poses a risk to its proper operation....
https://knews.kathimerini.com.cy/en/news/israel-envoy-pushes-back-against-rhetoric-targeting-israeli-presence-in-cyprus
The Israeli ambassador to Cyprus has pushed back against what he described as growing rhetoric portraying Israeli investments and the presence of Israelis on the island in a negative light, warning that such language risks fueling harmful stereotypes....
