https://knews.kathimerini.com.cy/en/business/€14-million-in-unpaid-vat-gone
Tensions ran high at the House Audit Committee on Thursday after MPs discovered that ''Blue Ocean,'' a Cyprus-based company linked to Abramovich, was dissolved in 2024 without settling a €14 million VAT bill, a debt that’s been on the books since at least 2010....
https://knews.kathimerini.com.cy/en/news/cyprus-wants-you-back
What if the next big thing for Cyprus... is bringing its people back?...
https://knews.kathimerini.com.cy/en/life/nip-tuck…-and-anime-what-s-behind-cyprus-cosmetic-surgery-boom
Gone are the days when plastic surgery was just for the rich and famous. In Cyprus, cosmetic procedures have gone mainstream, and business is booming. ...
https://knews.kathimerini.com.cy/en/business/end-of-an-era-era-department-stores-changing-hands-for-just-€1-but-there-s-more-to-the-story
In a surprising but strategic move, Ermes Department Stores Plc announced that it is selling off all four ERA department stores to Gencom Ltd., and the official sale price is just €1....
https://knews.kathimerini.com.cy/en/news/syrian-asylum-seeker-killed-in-peyia-work-accident
A 34-year-old Syrian man seeking a better life in Cyprus died in a tragic work accident on Wednesday afternoon while doing his job in Peyia, Paphos....
https://knews.kathimerini.com.cy/en/business/cyprus-struggles-to-fill-jobs-amid-booming-sectors-red-tape
Cyprus is facing ongoing labor shortages across critical sectors, with acute gaps in professional drivers and nursing staff threatening service quality for both residents and tourists....
https://knews.kathimerini.com.cy/en/news/smart-meter-swap-blamed-for-house-fire
A recent house fire in Cyprus has triggered alarm bells over how smart electricity meters are being installed, with industry experts warning of potential safety risks if the process is rushed or done without proper checks....
https://knews.kathimerini.com.cy/en/news/cypriot-banks-on-the-rise-as-credit-upgrades-could-mean-cheaper-loans-for-all
Cypriot banks are starting 2025 on a high note, collecting credit upgrades from major international rating agencies and setting the stage for wider economic benefits that could reach the average citizen....
https://knews.kathimerini.com.cy/en/business/€50m-alphamega-complex-set-to-transform-nicosia-shopping-scene
A brand new €50 million ALPHAMEGA hypermarket and commercial complex is on the way to Engomi, and it’s not just a supermarket....
https://knews.kathimerini.com.cy/en/comment/opinion/momentum-for-green-cities-begins-where-the-pavement-ends
We are still thousands of tree plantings away from being able to say that urban greenery in our bleak concrete jungles is even remotely satisfactory, respectable, or capable of meeting the ever-growing demands of the climate crisis. ...
https://knews.kathimerini.com.cy/en/news/government-hourly-workers-say-they-re-fed-up-and-they-want-a-raise
It’s official: Cyprus’ hourly government employees are tired of feeling like second-class citizens in their own departments....
https://knews.kathimerini.com.cy/en/news/cyprus-economy-set-to-slow-down-says-imf
The International Monetary Fund (IMF) has lowered its expectations for how much Cyprus's economy will grow over the next two years....
https://knews.kathimerini.com.cy/en/news/waitstaff-say-employers-are-pocketing-their-tips
Some restaurant and café workers in Cyprus are raising the alarm over a shady practice happening behind the scenes: tips meant for staff are being kept by employers or used to top up wages, according to complaints made to MPs....
https://knews.kathimerini.com.cy/en/comment/opinion/system-failure-or-failure-of-its-operators
The recent, catastrophic failure of the Ministry of Social Welfare and the Social Welfare Services to provide necessary protection to five children is yet another example of a systemic issue, ...
https://knews.kathimerini.com.cy/en/comment/opinion/a-bright-future-for-cyprus-cruise-industry
Cyprus’ cruise industry has been impacted by several events of the past few years. The Covid-19 pandemic was a significant setback, bringing operations to a near halt for extended periods. ...
https://knews.kathimerini.com.cy/en/news/trump-unveils-$5m-‘trump-card-for-citizenship-is-it-right-out-of-the-cyprus-playbook
In classic Trump fashion, the president made headlines yet again—this time mid-air aboard Air Force One—by unveiling a new “Trump Card” aimed at wealthy foreign investors....
https://knews.kathimerini.com.cy/en/news/grate-news-cyprus-sets-firm-limits-on-blended-halloumi
The Cyprus Dairy Producers’ Association has welcomed a new government decree that sets limits on the amount of blended halloumi cheese allowed in production....
https://knews.kathimerini.com.cy/en/business/government-to-fill-26-000-public-sector-jobs-in-2025-but-thousands-remain-vacant
The 2025 Budget includes 26,516 first appointment positions in the public sector, out of a total of 38,803 approved positions....
https://knews.kathimerini.com.cy/en/business/new-health-and-education-complex-to-transform-lakatamia
Investments in Cyprus' health sector are booming, with new hospital units sprouting up across the island....
https://knews.kathimerini.com.cy/en/business/boc-seeks-to-acquire-ethniki-insurance-s-cyprus-subsidiary
Bank of Cyprus is moving forward with the acquisition of Ethniki Insurance’s Cyprus subsidiary, having entered exclusive negotiations for its purchase....
https://knews.kathimerini.com.cy/en/comment/opinion/brain-gain-as-cypriots-return-to-growing-opportunities
The door has opened. There’s a flow of talent heading to Cyprus, driven by the country’s growing need for skilled workers, especially in technology and ICT. ...
https://knews.kathimerini.com.cy/en/business/cyprus-sees-investment-boom-as-foreign-companies-flock-to-the-island
The investment scene in Cyprus is off to a strong start in 2025, with foreign investors showing increased enthusiasm for setting up businesses on the island....
https://knews.kathimerini.com.cy/en/business/cypriot-firm-to-build-solar-park-on-former-mining-site
A Cypriot company with growing interests in the renewable energy sector is planning to transform the crater of the Lake of Mine in Polis Chrysochous into a cutting-edge photovoltaic park. ...
https://knews.kathimerini.com.cy/en/business/lidl-at-its-best-15-years-of-dynamic-presence-in-cyprus
Lidl Cyprus celebrates 15 years of presence in the local market this year, a different celebration that shows us the character of the company, but also the reason why it has reached such a high level of preference among the Cypriot public. ...
https://knews.kathimerini.com.cy/en/life/barbershop-battle-brews-in-nicosia-s-old-town-as-cypriot-barbers-face-extinction
In Nicosia’s Old Town, a quiet battle is playing out—one haircut at a time. On one side are the last five Cypriot barbers still operating in the walled city, clinging to tradition and fearing extinction. ...
https://knews.kathimerini.com.cy/en/news/paphos-polis-killer-road-to-become-four-lane-highway-after-years-of-delays
The long-debated Paphos-Polis Chrysochous road project is finally moving forward—with a major upgrade. What was once planned as a two-lane highway will now be a four-lane road, a move the government says will improve safety and boost economic growth in the region....
https://knews.kathimerini.com.cy/en/news/ey-the-biggest-risks-facing-cyprus-and-governments-worldwide
As we move further into 2025, governments around the world, including Cyprus, are facing a range of challenges....
https://knews.kathimerini.com.cy/en/news/trump-wants-us-to-‘take-over-and-‘own-gaza-in-shocking-proposal
In a stunning policy shift, former U.S. President Donald Trump has announced a plan for the United States to ''take over'' and ''own'' Gaza, proposing a redevelopment initiative that he claims would turn the war-torn enclave into the ''Riviera of the Middle East.''...
https://knews.kathimerini.com.cy/en/business/nasdaq-listed-freedom-24-is-making-its-mark-in-cyprus-and-beyond
When Timur Turlov, the CEO of Freedom Holding Corp., set his sights on Cyprus, he saw more than just a financial hub—he saw opportunity. In a market where fintech companies are staking their claims, ...
https://knews.kathimerini.com.cy/en/news/trump-pushes-for-federal-workforce-cuts—a-move-cyprus-could-learn-from
President Donald Trump is making big changes in the U.S. government, offering federal employees a deal to leave their jobs if they don’t want to return to the office. T...
