https://knews.kathimerini.com.cy/en/business/cyprus-receives-first-€177-million-payment-under-eu-defence-fund
Cyprus has received an initial €177.2 million payment from the European Union through the Security Action for Europe (SAFE) defence funding programme, marking the first tranche of financial support allocated to the country under the scheme....
https://knews.kathimerini.com.cy/en/business/ai-reshapes-global-labour-market-into-two-distinct-paths-rewarding-human-skills-pwc-2026-ai-jobs-barometer
According to PwC’s 2026 AI Jobs Barometer, AI is rapidly reshaping the skills employers want most from workers – increasing the emphasis on human skills such as judgement, creativity and leadership – as companies most able to use AI continue to expand hiring faster than their peers....
https://knews.kathimerini.com.cy/en/news/fuel-prices-falling-in-cyprus-but-drivers-may-not-be-out-of-the-woods-yet
After months of watching fuel prices climb, Cypriot drivers are finally getting some welcome relief at the pump....
https://knews.kathimerini.com.cy/en/business/medochemie-the-only-european-supplier-for-praziquantel-600mg-tablets
Medochemie Limited (Cyprus) is currently the only EU supplier with an EU Marketing Authorisation supplying Praziquantel 600mg tablets....
https://knews.kathimerini.com.cy/en/news/us-and-iran-strike-peace-deal-to-reopen-strait-of-hormuz
The United States and Iran have agreed to a peace deal aimed at ending years of escalating tensions in what is being described as one of the most significant diplomatic breakthroughs between the two countries in recent memory....
https://knews.kathimerini.com.cy/en/business/lidl-cyprus-safeguards-consumer-trust-with-its-new-corporate-commitment-lidl-full-guarantee
Remaining true to its strategic commitment to providing high-quality value products, Lidl Cyprus announces the new initiative “Lidl Full Guarantee”. This is a dynamic corporate action that aims to further strengthen its relationship of trust with the consumer public, ensuring the non-negotiable quality of all its products....
https://knews.kathimerini.com.cy/en/news/christodoulides-says-cyprus-talks-should-build-on-common-ground-not-start-from-scratch
Almost a decade after Crans-Montana, the Cyprus issue appears to be returning to the center of political developments. Whether this activity will lead to meaningful progress or simply add another chapter to a long history of unmet expectations remains the key question....
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/home-insurance-in-europe-is-changing-and-cyprus-is-next
For many years, mortgage-related insurance in Cyprus was treated as a fixed part of the home loan process. That approach is gradually giving way to a different model across Europe....
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/strait-of-hormuz-reopening-depends-on-mine-clearance-effort
The agreement between Washington and Tehran has increased expectations that commercial shipping and energy exports through the Strait of Hormuz can resume without disruption. President Donald Trump stated on Sunday that oil shipments from both directions would continue, helping calm fears of supply shortages in global markets....
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/cannabis-boom-and-rising-cocaine-use-reshape-cyprus-drug-landscape
Cannabis remains the most commonly used illegal drug in Cyprus, while cocaine and methamphetamine are becoming increasingly present across the country, according to the European Drug Report 2026 presented in Nicosia by the Cyprus National Addictions Authority....
https://knews.kathimerini.com.cy/en/news/storing-the-sun-how-underwater-energy-storage-could-cut-cyprus-electricity-bills
BaroMar CEO Yonadav Buber spoke with Kathimerini about the company’s first pilot underwater energy storage project in Cyprus and how the technology could help bring down electricity prices....
https://knews.kathimerini.com.cy/en/news/ecb-rate-hike-to-add-€147m-to-greek-banks-as-profits-rise-from-widening-loan-deposit-gap
The European Central Bank’s latest interest rate increase, its first since 2023, is expected to boost bank profitability across the eurozone, including Cyprus, by widening the gap between what banks earn from loans and what they pay out to savers....
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/news/cyprus-energy-gamble-enters-a-new-phase-with-us-greece-and-israel-partnership
As wars, political tensions, and concerns over energy security reshape the global landscape, Cyprus is positioning itself not simply as a small island importing fuel but as a potential energy player connecting the Eastern Mediterranean with Europe....
https://knews.kathimerini.com.cy/en/news/more-foreign-patients-fly-to-china-for-cancer-treatment
A growing shift in global medicine is seeing more patients travel abroad for life-saving treatments that are either unavailable at home or come at a fraction of the cost, according to an article in Bloomberg....
https://knews.kathimerini.com.cy/en/news/mortgage-to-rent-scheme-gets-180-new-applications-but-is-it-picking-up
The ''Rent Instead of Installment'' scheme, also known as ''Mortgage to Rent,'' has reopened, allowing more borrowers to apply....
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/news/man-loses-€90-000-in-fake-online-car-sale
Police in Limassol are investigating an online fraud case after a 59-year-old man was allegedly deceived into transferring €90,000 for a vehicle that never existed....
https://knews.kathimerini.com.cy/en/news/eu-unveils-21st-round-of-sanctions-against-russia
The European Commission has proposed a new package of sanctions targeting Russia, expanding restrictions across energy, finance, trade and fisheries. Commission President Ursula von der Leyen announced the measures on Tuesday, describing them as part of the EU's continued response to Russia's invasion of Ukraine....
https://knews.kathimerini.com.cy/en/business/from-the-success-of-limassol-del-mar-to-the-legendary-collaboration
For over 6 decades, the Leptos Group has played a defining role in shaping the modern image and international positioning of Cyprus through pioneering developments, long-term investments, and a vision centered around extroversion, innovation, quality, and global standards across multiple sectors. Through Real estate development, Ηospitality, Εducation and Ηealthcare,the Leptos Group continues to strengthen Cyprus’ competitiveness and presence in international markets....
https://knews.kathimerini.com.cy/en/news/man-wanted-after-nearly-€10-million-worth-of-jewelry-allegedly-vanishes
Police in Limassol are searching for a 54-year-old man after a jewelry businessman reported that luxury items worth almost €10 million had allegedly disappeared....
https://knews.kathimerini.com.cy/en/news/new-affordable-homes-rise-but-residents-raise-concerns-over-nearby-eac-pylons
For many young couples in Cyprus, owning a home can feel increasingly out of reach. Rising property prices, high rents and limited housing options have turned what was once considered a basic life milestone into a growing challenge....
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-says-food-safety-checks-are-working-after-public-poisoning-concerns
Cyprus authorities are stressing that food safety systems are working and improving, following recent concerns sparked by a mass food poisoning incident at a wedding in Limassol that left dozens of guests unwell....
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/1-holiday-rental-prices-in-cyprus-rise-as-summer-demand-peaks
Cyprus’ short-term rental market is showing strong performance, with demand peaking this July and prices surging during the summer season....
https://knews.kathimerini.com.cy/en/news/hamas-arrests-in-cyprus-raise-security-and-tourism-concerns
Information surrounding the recent arrests of two Palestinians by Cypriot police is emerging only in dribs and drabs, with authorities revealing very little about the case....
