https://knews.kathimerini.com.cy/en/news/cigarette-prices-could-soar-to-€7-50-smuggling-set-to-spike
Cigarette smokers in Cyprus may soon feel a heavier pinch in their wallets if proposed European tax changes go ahead, industry officials warned this week....
https://knews.kathimerini.com.cy/en/business/cablenet-sets-out-a-clear-long-term-vision-focused-on-simplicity-trust-and-digital-investment-in-cyprus
Cablenet welcomed industry insiders and partners yesterday morning to an exclusive working breakfast, featuring an informal conversation with CEO Ioannis Mavridis and Nikhil Patil, chairman and CEO of GO Group, Cablenet’s majority shareholder....
https://knews.kathimerini.com.cy/en/news/27-countries-one-market-can-the-eu-make-it
The European Union appears determined to win its ''bet'' on strengthening competitiveness amid major geopolitical and geoeconomic shifts....
https://knews.kathimerini.com.cy/en/news/cyta-eyes-entry-into-cyprus-electricity-market-with-renewable-power-strategy
CYTA is preparing an ambitious move into Cyprus’s electricity market, aiming first to serve consumers who cannot install their own photovoltaic systems. ...
https://knews.kathimerini.com.cy/en/business/aegean-airlines-returns-to-paphos-with-new-flights-to-athens
Good news for travelers and locals alike: Aegean Airlines is returning to Paphos this summer, reconnecting the city with Athens and expanding its presence in Cyprus....
https://knews.kathimerini.com.cy/en/news/can-europe-break-free-from-the-u-s-leaders-clash-over-economy-game-plan
Can Europe become more economically competitive and less reliant on the United States? That’s the central question facing European leaders gathering today at Alden Biesen Castle in Belgium’s Flemish region, at the invitation of European Council President Antonio Costa....
https://knews.kathimerini.com.cy/en/business/von-der-leyen-made-in-europe-is-necessary-but-not-a-blank-cheque
The President of the European Commission, Ursula von der Leyen, defended the strategy of “European preference” (“Made in Europe”) before the plenary session of the European Parliament, stressing that strengthening Europe’s industrial base is a crucial tool for boosting the Union’s competitiveness....
https://knews.kathimerini.com.cy/en/business/cyprus-s-credit-rating-boosted-as-public-debt-drops-and-economy-strengthens
Cyprus’s long-term sovereign credit rating has been upgraded by Scope Ratings to A from A-, with a stable outlook, reflecting sharp falls in public debt, ongoing budget surpluses, and a stronger banking sector....
https://knews.kathimerini.com.cy/en/business/together-for-sport-and-movement-crivit-and-stefanie-graf-launch-international-partnership-under-the-motto-find-your-move
Stefanie Graf and CRIVIT - a perfect match. The former world-class athlete and the sports brand CRIVIT are impressively staging the start of their partnership as part of an international campaign in over 30 countries....
https://knews.kathimerini.com.cy/en/news/freedom-holding-corp-reports-$1-7-billion-in-revenue-for-9-months-of-fy2026
Freedom Holding Corp., the parent company of Freedom24, has announced its financial results for the third quarter of fiscal year 2026, which ended on December 31, 2025. For the third quarter and nine-month period ended December 31, 2025, Freedom Holding Corp. delivered resilient operating results across its diversified financial services businesses....
https://knews.kathimerini.com.cy/en/news/cyprus-faces-€4-4m-yearly-interest-from-eu-loan-to-ukraine
Cyprus is expected to contribute roughly €4.4 million annually toward servicing the €90 billion loan the EU plans to raise on the markets to support Ukraine in the coming years, according to sources from Kathimerini....
https://knews.kathimerini.com.cy/en/business/paphos-surpasses-limassol-in-luxury-prices-signaling-shift-in-cyprus-property-power
Cyprus’ new-build property market closed the first 10 months of 2025 on a strong note, with Limassol once again emerging as the undisputed heavyweight in both value and activity....
https://knews.kathimerini.com.cy/en/business/glass-company-fined-€18-000-after-worker-killed-in-workplace-accident
A Larnaca glass processing company has been fined €18,000 following a fatal workplace accident that claimed the life of one of its employees, the district court ruled....
https://knews.kathimerini.com.cy/en/news/cyprus-plans-to-deliver-244-affordable-new-homes-by-year-s-end
The Cyprus Land Development Organization (KOAG) expects to deliver 244 new homes across the island by the end of 2026, the agency’s general director, Eleni Symeonidou, told lawmakers Monday during a parliamentary review of the organization’s budget....
https://knews.kathimerini.com.cy/en/news/new-generators-for-dhekelia-now-expected-in-2030
Plans to upgrade the Dhekelia power station have been pushed back again, with the Electricity Authority of Cyprus (EAC) now saying the three new generation units intended for the site are unlikely to arrive before 2030....
https://knews.kathimerini.com.cy/en/business/they-came-to-clean-hotels-but-ended-up-working-in-constructions-sites
A long-running problem in Cyprus’ labor market is still going strong: foreign workers brought into the country as hotel cleaners are ending up on construction sites, often through shell companies that exist largely on paper....
https://knews.kathimerini.com.cy/en/news/milano-cortina-2026-winter-games-open-in-spectacular-style
The Milano Cortina 2026 Winter Olympic Games officially got underway last night with an opening ceremony at Milan’s San Siro stadium that blended Italian culture, opera and pop....
https://knews.kathimerini.com.cy/en/news/trump-launches-trumprx-promises-big-discounts-on-prescription-drugs
President Donald Trump unveiled TrumpRx on Thursday, a government-backed website offering deep discounts on 43 prescription medications, including insulin, fertility treatments, obesity drugs, and asthma medications....
https://knews.kathimerini.com.cy/en/news/ai-factory-schengen-push-and-gas-deal-with-israel-christodoulides-unveils-55-point-plan-in-state-of-the-union-address
President Nikos Christodoulides on Thursday evening presented the government’s Official Planning for 2026, described as the “State of the Union 2026”, from the Presidential Palace, outlining more than 55 initiatives across all sectors....
https://knews.kathimerini.com.cy/en/business/amazon-hit-with-€59-million-fine-for-undercutting-its-own-sellers
Germany fines Amazon €59 million after regulators found it was competing directly with the very sellers it hosts and capping their prices in the process, tilting the playing field....
https://knews.kathimerini.com.cy/en/business/unemployment-edges-down-in-january
Unemployment in Cyprus continued to edge down in January, offering another small but steady sign that the job market is holding up....
https://knews.kathimerini.com.cy/en/news/corbyn-cyprus-base-used-to-transit-weapons-to-israel
Cyprus is increasingly involved in the Israel-Palestine conflict, with the British base at Akrotiri reportedly serving as a transit point for weapons deliveries to Israel, according to Jeremy Corbyn, former UK Labour leader and co-founder of Your Party....
https://knews.kathimerini.com.cy/en/business/cyprus-welcomed-4-5-million-tourists-in-2025-most-ever-in-a-single-year
Cyprus welcomed a record-breaking 4.53 million visitors in 2025, marking the most successful year in the island’s tourism history. ...
https://knews.kathimerini.com.cy/en/news/€361-million-strategic-agreement-for-themis
Themis Portfolio Management Limited (hereinafter “Themis”) announces the execution of a servicing agreement for the management of loans and real estate assets and the provision of other services to Cyprus Asset Management Company Ltd (hereinafter “KEDIPES”) and Creditum Holdings Ltd (hereinafter “Creditum”)....
https://knews.kathimerini.com.cy/en/business/jumbo-eyes-turkey-as-next-step-in-international-expansion
Jumbo, the Greek retail giant best known for its bargain-priced toys and household goods, is quietly eyeing a move into Turkey, a step that would mark one of its most ambitious expansions yet....
https://knews.kathimerini.com.cy/en/news/nestle-recalls-infant-formula-in-cyprus-over-possible-toxin-risk
Several infant formula products manufactured by Nestlé are being withdrawn from the Cypriot market after authorities warned they may contain cereulide, a toxin produced by the bacterium Bacillus cereus. ...
https://knews.kathimerini.com.cy/en/news/two-vehicle-safety-warnings-issued-illegal-airbags-and-high-risk-vehicles-flagged
The Department of Road Transport (DRT) has issued a series of warnings covering both illegal replacement airbags and a range of vehicles and components that may pose serious safety risks, including electric shock, fire and injury, urging importers, professionals and consumers in Cyprus to remain vigilant....
https://knews.kathimerini.com.cy/en/news/corbyn-claims-akrotiri-base-used-as-transit-hub-for-arms-deliveries-to-israel
Cyprus is being drawn deeper into the ongoing Israel-Palestine conflict, according to British MP Jeremy Corbyn, who claims that the UK’s Sovereign Base Area at Akrotiri is being used as a stopover point for transferring weapons to Israel....
https://knews.kathimerini.com.cy/en/news/cygma-officially-established-to-unite-and-advance-the-game-development-industry-in-cyprus
CYGMA, the Cyprus Game Developers Association, was officially established on December 31, marking a new milestone for the country’s evolving game development ecosystem....
https://knews.kathimerini.com.cy/en/news/wizz-air-announces-new-route
Wizz Air, the leading low-cost carrier in Central and Eastern Europe, announces a further expansion of its Larnaca base for the Summer 2026 season, introducing a new destination and increasing flight frequencies on 12 existing routes, further enhancing Cyprus’ connectivity with Europe and the wider region....
