https://knews.kathimerini.com.cy/en/business/net-billing-to-replace-net-metering-what-you-need-to-know
Cyprus is set to transition from the current net-metering system to net-billing for new residential solar energy systems, with the backing of the European Union....
https://knews.kathimerini.com.cy/en/business/cyprus-banks-hit-record-high-profits-despite-ecb-rate-cuts
Despite the European Central Bank (ECB) preparing for its sixth interest rate cut since June 2023, bank profits in Cyprus have soared, marking two consecutive years of record earnings. ...
https://knews.kathimerini.com.cy/en/business/unemployment-in-cyprus-inches-up-but-remains-below-eu-average
Unemployment in Cyprus ticked up slightly in January 2025, reaching 5.0%, compared to 4.9% the previous month, according to new data from Eurostat. Despite the monthly rise, the overall trend remains positive, with unemployment lower than the 5.3% recorded in January 2024....
https://knews.kathimerini.com.cy/en/business/vasilikos-project-needs-another-€200-million—will-it-ever-be-finished
The ambitious Vasilikos gas terminal project in Cyprus is facing significant financial and logistical hurdles, with an additional €200 million needed to complete construction. ...
https://knews.kathimerini.com.cy/en/business/hotel-dieu-de-france-expands-to-limassol
Investment in Limassol’s healthcare sector is gaining momentum, with the renowned Hôtel-Dieu de France hospital from Beirut set to establish a state-of-the-art medical center in the heart of the city....
https://knews.kathimerini.com.cy/en/business/global-fintech-investment-falls-to-seven-year-low-of-$95-6-billion-in-2024-but-uptick-in-q4-24-is-a-sign-of-cautious-optimism-says-kpmg-s-pulse-of-fintech-h2-24
2024 was another difficult year for fintech, with just $95.6 billion of investment globally across 4,639 deals....
https://knews.kathimerini.com.cy/en/news/cyprus-and-the-netherlands-a-strong-but-often-overlooked-bond
The Netherlands, a key player in both the EU and NATO, remains somewhat of an unknown entity in Cyprus—aside from Amsterdam’s popularity as a travel destination and the well-known football club Ajax....
https://knews.kathimerini.com.cy/en/news/cypriot-students-among-eu-s-highest-in-e-cigarette-and-hookah-use
A recent European-wide survey (ESPAD) has revealed that Cypriot students rank among the highest in Europe for e-cigarette and hookah use, with 4.6% reporting daily use—well above the European average of 3.1%....
https://knews.kathimerini.com.cy/en/news/tatar-meets-with-leader-of-maronite-community
The leader of the Turkish Cypriot community in the occupied areas, Ersin Tatar, met with Maronite Archbishop Selim Sfeir, where he acknowledged the Maronite community’s role in contributing to the region’s cultural and religious diversity....
https://knews.kathimerini.com.cy/en/news/cyprus-launches-high-tech-underwater-drones-to-safeguard-artificial-reefs
Cyprus is making waves with a groundbreaking project that uses small, high-tech underwater drones to keep an eye on artificial reefs designed to help marine life thrive. ...
https://knews.kathimerini.com.cy/en/news/cyprus-tax-reform-a-win-for-families-a-challenge-for-businesses
Cyprus is set to undergo its first major tax reform in over 20 years, with changes expected to align the system with the country’s evolving economic landscape....
https://knews.kathimerini.com.cy/en/business/larnaca-s-landmark-‘land-of-tomorrow-project-set-to-break-ground
Larnaca’s waterfront is set for a major transformation, as construction on the ambitious Land of Tomorrow project is set to begin in the coming months, with a total investment exceeding €800 million....
https://knews.kathimerini.com.cy/en/business/fintech-giants-eye-cyprus-small-banks-in-race-for-european-banking-licenses
Cyprus’ small banks have become prime targets for global fintech companies and financial institutions, with potential acquisitions aimed at securing a European banking license. ...
https://knews.kathimerini.com.cy/en/news/tracing-the-footsteps-of-women-in-cyprus-movements-struggles-feminisms
The Bank of Cyprus Cultural Foundation in collaboration with the bahçes histories* of Cyprus, invites you to a walk about feminism movements, activism and the struggles of women in Cyprus, on Saturday 8 March 2025 in the walled town of Nicosia....
https://knews.kathimerini.com.cy/en/news/supreme-court-delays-ruling-on-citizenship-case-for-children-of-mixed-marriages
The Supreme Constitutional Court has postponed its decision on a high-profile citizenship case challenging the government’s policy on children born from mixed marriages....
https://knews.kathimerini.com.cy/en/news/nicosia-s-old-gsp-transformed-into-urban-park-ready-for-public-use
The long-awaited redevelopment of the old GSP site is nearly complete and is set to be handed over to the Nicosia Municipality in March.
...
https://knews.kathimerini.com.cy/en/business/new-investment-opportunities-by-astrobank
AstroBank has listed for sale a large commercial and residential plot in Peyia, houses and other residential and agricultural land in Nicosia, Larnaca and Ammochostos....
https://knews.kathimerini.com.cy/en/business/cypriot-businesses-set-their-sights-on-the-u-s
For the first time, a Cypriot business delegation will participate in the SelectUSA Investment Summit and SelectUSA Tech Summit, two major investment events in the United States aimed at companies looking to enter or expand in the U.S. market....
https://knews.kathimerini.com.cy/en/news/putin-gives-green-light-for-western-companies-to-return-but-on-russia-s-terms
Russian President Vladimir Putin has opened the door for Western companies to return to Russia, but not without conditions....
https://knews.kathimerini.com.cy/en/news/cypriots-are-eating-more-fish-but-getting-pickier-about-its-source
Cypriots are eating more fish and seafood than ever before, according to a new report on European food trends. But while the trend is on the rise, many people are becoming more selective about what they put on their plates — and their choices are being influenced by cost, sustainability, and food transparency....
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-cancels-plan-to-sell-jcc-payment-systems
The process for the sale of JCC Payment Systems has been halted, bringing an end to the deal between JCC and Euronet that had been under consideration since the summer of 2024....
https://knews.kathimerini.com.cy/en/business/green-oasis-or-business-hub-the-fight-over-nicosia-s-state-fair-site
The Nicosia Municipality, Nicosia district MPs, and residents of Engomi are increasing pressure on the government to reconsider its plans for developing the State Fair site. ...
https://knews.kathimerini.com.cy/en/news/growing-interest-in-medical-schools-prompts-accreditation-guidelines
The increasing interest in establishing medical schools in Cyprus has led the Agency for Quality Assurance and Accreditation in Higher Education to outline key requirements for their operation....
https://knews.kathimerini.com.cy/en/news/cyprus-government-gives-hotels-deadline-to-get-licensed-or-face-closure
The government is giving unlicensed hotels and tourist accommodations a two-year window to secure their operating licenses, with specific milestones and actions outlined along the way. ...
https://knews.kathimerini.com.cy/en/news/anti-immigration-rhetoric-grows-but-immigrants-could-help-europe-s-aging-populations
The rise of far-right, anti-immigration politics across Europe is threatening to accelerate the continent’s demographic decline, experts warn, potentially triggering economic instability, labor shortages, and soaring costs for elderly care....
https://knews.kathimerini.com.cy/en/business/sklavenitis-reopens-first-renovated-papantoniou-hypermarket-in-engomi
The Pappantoniou supermarket in Engomi has undergone a complete renovation and will reopen its doors in early March under the new name Sklavenitis....
https://knews.kathimerini.com.cy/en/news/uss-oscar-austin-returns-to-cyprus-with-a-strategic-stop-in-larnaca
The USS Oscar Austin has made a swift return to Cyprus, this time docking at Larnaca Port, just a month after its previous stop in Limassol. The Arleigh Burke-class guided-missile destroyer continues its mission in the region, r...
https://knews.kathimerini.com.cy/en/news/blame-game-erupts-over-limassol-tragedy-and-electricity-law
A fierce political dispute has ignited between former Transport Minister Yannis Karousos and current Minister Alexis Vafeadis following the recent tragedy in Limassol, with both officials pointing fingers over the state of electrical safety regulations in Cyprus....
https://knews.kathimerini.com.cy/en/news/tatar-insists-on-partition
Turkish Cypriot leader Ersin Tatar has reiterated his firm opposition to a federal solution for Cyprus, insisting that the 2017 Crans-Montana negotiations marked the final attempt at reunification under a bizonal, bicommunal federation....
https://knews.kathimerini.com.cy/en/news/car-with-recalled-takata-airbag-nearly-causes-fatal-crash
A recalled vehicle equipped with a faulty Takata airbag was involved in a serious accident last week, raising fresh concerns over the ongoing safety risks of these defective airbags....
