https://knews.kathimerini.com.cy/en/business/cyprus-fights-for-vital-air-links-as-eu-prepares-to-change-state-aid-rules
The government has submitted a detailed package of six proposals to Brussels in an effort to shield the island’s aviation network from upcoming changes to European state aid regulations....
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/comment/opinion/alan-greenspan-the-maestro
Alan Greenspan's tenure as head of the Federal Reserve became known as the "Great Moderation". This era was more than enough to earn the American economist the nickname "Maestro."...
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/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/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/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/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....
https://knews.kathimerini.com.cy/en/news/buying-an-apartment-in-cyprus-now-costs-10-8-more-than-a-year-ago
If you feel like buying a home in Cyprus keeps getting further out of reach, you are not imagining it....
https://knews.kathimerini.com.cy/en/business/invest-cyprus-and-anima-investment-network-opened-euromed-days-in-nicosia-placing-cyprus-at-the-centre-of-euro-mediterranean-investment-cooperation
Invest Cyprus & ANIMA Investment Network successfully opened EUROMED DAYS - Connecting Regions, Empowering Growth: Mediterranean-Europe Investment Partnerships for a Resilient Future, a high-level regional investment forum that took place in Cyprus from 15 to 17 June 2026....
https://knews.kathimerini.com.cy/en/business/cyprus-remains-attractive-to-investors-despite-mafia-state-report-findings
International investment into Cyprus shows no sign of slowing down, despite the conclusions of the investigative report into the so-called “State Mafia” case, which examined allegations involving 15 individuals and legal entities, including former President Nicos Anastasiades....
https://knews.kathimerini.com.cy/en/news/cyprus-finally-finds-a-way-to-stop-wasting-its-solar-energy
Cyprus is set to take a major step toward solving one of its most frustrating energy problems, the fact that a large share of solar power produced on sunny days simply goes to waste because the grid cannot absorb it....
https://knews.kathimerini.com.cy/en/business/critical-raw-materials-moving-to-the-centre-of-europe-s-strategic-agenda
Critical raw materials have moved from being a specialised industrial topic to one of the defining economic and strategic issues facing Europe today....
https://knews.kathimerini.com.cy/en/business/ceasefire-boosts-economic-outlook-but-inflation-remains-a-concern
The ceasefire has not eliminated the economic risks stemming from the conflict involving the United States, Israel, and Iran. However, there are growing signs that economic conditions may gradually return to their pre-war state....
https://knews.kathimerini.com.cy/en/business/after-the-mafia-state-report-attention-turns-to-investor-confidence
The findings of the investigation into Mafia State, which identified potential criminal offenses involving 15 individuals and legal entities, are expected to have an immediate effect on public confidence and Cyprus’s reputation abroad....
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....