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/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/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/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/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/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/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....
https://knews.kathimerini.com.cy/en/news/dozens-of-solar-and-battery-storage-projects-face-delays-over-cyprus-grid-capacity
Cyprus’ electricity network is struggling to keep pace with demand for new solar and battery projects, according to fresh figures released by the Electricity Authority of Cyprus Distribution System Operator....
https://knews.kathimerini.com.cy/en/news/after-trozena-investor-interest-turns-to-fasli
Plans to redevelop the long-abandoned village of Trozena in the Limassol district have triggered intense public debate, as proposals linked to an Israeli investor move through Cyprus’s planning system....
https://knews.kathimerini.com.cy/en/news/plans-to-revive-abandoned-trozena-village-move-ahead-amid-debate-over-foreign-investment
The long-abandoned village of Trozena in the Limassol district is at the center of renewed debate after officials confirmed that private land in the area is being sold to foreign investors as part of plans to revive the deserted settlement....
https://knews.kathimerini.com.cy/en/business/eac-says-electricity-prices-unlikely-to-fall-before-major-solar-expansion
The Electricity Authority of Cyprus says electricity prices are unlikely to fall in the near future, with officials pointing to delays in large-scale solar development and the continued absence of natural gas infrastructure as major factors keeping costs high....
https://knews.kathimerini.com.cy/en/business/crypto-users-could-now-be-taxed-without-cashing-out
Crypto investors in Cyprus are entering a very different landscape this year, as new tax rules tighten the government’s grip on digital assets and close loopholes many traders had relied on for years....
