https://knews.kathimerini.com.cy/en/business/lidl-cyprus-introduces-lidl-pay
Leading the way in modern retail transformation, Lidl Cyprus announces the official launch of the new, innovative Lidl Pay service in the Cypriot market....
https://knews.kathimerini.com.cy/en/business/business-lending-loses-momentum-because-of-the-middle-east-conflict
Bank lending in Cyprus had been on a strong upward trend for the past year and a half, but the war involving the United States, Israel, and Iran brought that pace to a stop. As a result, forecasts of slower credit growth were confirmed in March, even though Cyprus continues to perform well economically....
https://knews.kathimerini.com.cy/en/business/new-leadership-at-pwc-cyprus
Andreas Yiasemides assumes the role of CEO of PwC Cyprus as of 1 July 2026, following his election by the firm’s Partners in December 2025 for a four-year term....
https://knews.kathimerini.com.cy/en/news/drug-manufacturer-recalls-batches-of-remethan-arthritis-pills-over-quality-control-issues
Pharmaceutical manufacturer Remedica Limited has initiated a voluntary recall of specific batches of its prescription drug Remethan 100mg prolonged-release tablets. ...
https://knews.kathimerini.com.cy/en/business/from-chatbots-to-co-workers
AI is no longer a productivity tool. For the small group of organisations that have done the work, it has become the single largest source of operating leverage on their P&L....
https://knews.kathimerini.com.cy/en/business/cyprus-picks-up-investment-momentum
Cyprus is maintaining a strong grip on investment interest, primarily due to its strategic geographic location, its well-developed professional services sector, and the attractive business environment it has built....
https://knews.kathimerini.com.cy/en/business/cyprus-climbs-the-global-competitiveness-rankings
Cyprus' economy is showing encouraging progress in competitiveness, ranking 42nd out of 70 economies in this year's IMD World Competitiveness Yearbook. The country improved by two places compared with last year, climbing from 44th in 2025....
https://knews.kathimerini.com.cy/en/business/invel-real-estate-closes-oversubscribed-eudora-fund-2-at-€400m
Invel Real Estate (“Invel”), a leading European private equity real estate firm, announces today the final close of Invel Eudora Fund 2 (the “Fund”) at over €400 million in total capital commitments, exceeding its original target of €300 million. Including leverage and co-investment capital, the Fund will have a firepower in excess of €1 billion. ...
https://knews.kathimerini.com.cy/en/news/when-the-numbers-look-good-but-life-doesn-t-feel-it
Cyprus has been recording economic growth rates in recent years that would make even some of Europe’s strongest economies take notice....
https://knews.kathimerini.com.cy/en/news/fuel-tax-cut-of-8-33-cents-per-litre-extended-until-sept-17
Drivers in Cyprus will continue paying less for petrol and diesel after the government extended a fuel tax cut until Sept. 17, keeping a discount of 8.33 cents per liter, including VAT, at filling stations....
https://knews.kathimerini.com.cy/en/business/minthis-music-festival-2026-announces-porsche-cyprus-as-main-sponsor-in-strategic-lifestyle-partnership
Minthis Music Festival 2026 is proud to announce Porsche Cyprus as its main event sponsor, marking the beginning of a strategic lifestyle partnership between two brands that share a commitment to exceptional quality, innovation, and memorable experiences....
https://knews.kathimerini.com.cy/en/business/apple-raises-prices-on-macbooks-and-ipads
Apple has raised prices across a range of its popular devices, in a move that could eventually be felt by consumers in Cyprus as well, especially those planning to upgrade their laptops or tablets....
https://knews.kathimerini.com.cy/en/news/drug-use-rising-among-children-as-young-as-14-in-cyprus-experts-warn
Drug and behavioral addictions are rising in Cyprus, with more young people experimenting with substances and entering treatment programs at increasingly early ages, according to a leading addiction expert....
https://knews.kathimerini.com.cy/en/news/how-tiktok-helped-uncover-cyprus-latest-drug-threat
The Cyprus Anti-Narcotics Service (YKAN) has turned its attention to opium poppies following a string of major drug seizures over the past few days, raising concerns about a new narcotic appearing on the island....
https://knews.kathimerini.com.cy/en/business/six-days-left-for-cyprus-crypto-firms-as-eu-rules-tighten
Cyprus’ crypto sector is on a tight countdown, with just six days left until a major EU regulatory deadline that could reshape the industry....
https://knews.kathimerini.com.cy/en/news/temu-and-shein-orders-in-cyprus-to-cost-more-under-new-customs-fees
Online shopping from popular platforms like Temu and Shein is set to get a bit more expensive for Cyprus consumers after the Customs Department clarified new rules affecting parcels coming from outside the European Union....
https://knews.kathimerini.com.cy/en/business/built-to-be-celebrated-parkside-celebrates-its-30th-anniversary
A milestone for PARKSIDE: The brand is celebrating its 30th anniversary in 2026. What started in 1996 has developed into Europe's best-selling DIY brand three decades later. Under the anniversary motto "BUILT TO BE CELEBRATED!", the brand looks back on an unprecedented history of growth....
https://knews.kathimerini.com.cy/en/news/coral-cyprus-and-shell-branded-service-stations-once-again-supported-meet-the-legends-cyprus-major-celebration-of-classic-motorcycles
Coral Cyprus (Shell Licensee) supported Meet the Legends once again this year as a sponsor, the ultimate event of the year for classic motorcycle enthusiasts in Cyprus. The event, organised by the Classic Motorcycle Club Cyprus, took place on Sunday, 7 June 2026, at Eleftheria Square in Nicosia, from 10:00 to 17:00. It brought together motorcycle enthusiasts, collectors and visitors of all ages....
https://knews.kathimerini.com.cy/en/news/buying-an-apartment-in-cyprus-now-costs-10-8-more-than-a-year-ago
If you feel like buying a home in Cyprus keeps getting further out of reach, you are not imagining it....
https://knews.kathimerini.com.cy/en/life/o-tatas-souvlaki-the-way-it-should-be-—-and-ofto-every-thursday
At O Tatas, souvlaki is made the way it once was. Good meat, cooked properly, with no compromise — a quality that's been lost in the market and that O Tatas brings back to the table....
https://knews.kathimerini.com.cy/en/business/left-cyprus-for-a-better-career-the-government-wants-you-back
The second phase of the government's repatriation campaign begins tomorrow, with events scheduled in London and Birmingham. Cyprus is once again seeking to attract talented professionals who left for opportunities abroad as it looks to strengthen its labor market. ...
https://knews.kathimerini.com.cy/en/news/cyprus-to-receive-€4-6-million-in-eu-aid-for-drought-hit-farmers
Cyprus is set to receive €4.6 million in emergency agricultural support after European Union member states approved a European Commission proposal to release more than €56 million from the EU’s agricultural reserve....
https://knews.kathimerini.com.cy/en/business/cyprus-remains-attractive-to-investors-despite-mafia-state-report-findings
International investment into Cyprus shows no sign of slowing down, despite the conclusions of the investigative report into the so-called “State Mafia” case, which examined allegations involving 15 individuals and legal entities, including former President Nicos Anastasiades....
https://knews.kathimerini.com.cy/en/news/cyprus-delivers-results-focused-eu-presidency-says-christodoulides
President of the Republic Nikos Christodoulides presented an assessment of Cyprus’ Presidency of the Council of the European Union following the conclusion of the final European Council meeting held during Cyprus’ six-month term. He described it as “a mission that we carried out with genuine dedication, intensive work, steady progress and tangible results.”...
https://knews.kathimerini.com.cy/en/business/food-prices-continue-to-rise-despite-lower-costs-for-fresh-produce
Consumers faced further increases in the cost of several everyday grocery items in May, according to the latest Consumer Product Price Observatory published by the Consumer Protection Service....
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....
