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/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/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/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/news/skyup-airlines-to-launch-larnaca–chisinau-flights-in-april
SkyUp Airlines is set to launch a new direct route between Larnaca and Chisinau, Moldova, starting April 19, 2025, with three weekly flights....
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/business/greek-banks-continue-to-invest-in-cyprus-with-new-acquisitions
Greek banks are showing no signs of slowing down when it comes to investing in Cyprus. ...
https://knews.kathimerini.com.cy/en/news/33east-unites-cyprus-startup-ecosystem-for-official-fund-launch
33East, a Cyprus-focused venture capital firm, is officially launching its debut fund with an event bringing together founders, investors, and key ecosystem leaders who share the vision of transforming Cyprus into a hive for innovation and entrepreneurship....
https://knews.kathimerini.com.cy/en/business/lidl-cyprus-remains-true-to-tradition-with-the-most-options-for-lent
The company welcomes Lent with quality, tradition and more than 75 fasting options, combining authentic flavors with innovative suggestions....
https://knews.kathimerini.com.cy/en/business/famagusta-s-bold-tourism-campaign-breaks-records-in-foreign-markets
Famagusta's first-ever coordinated online tourism campaign promoting the province to foreign markets wrapped up with impressive results, surpassing all expectations and laying the groundwork for an even more dynamic follow-up in 2025....
https://knews.kathimerini.com.cy/en/business/discover-the-timeless-charm-of-paphos-with-leptos-estates
Paphos, the enchanting town on the southwestern coast of Cyprus, is more than just a destination – it's a way of life....
https://knews.kathimerini.com.cy/en/business/faulty-electrical-appliances-put-cypriots-at-risk-watchdog-warns
Cyprus is facing a growing safety risk from faulty electrical appliances, with weak market controls and a lack of transparency in investigations into fires and electric shocks, according to the Cyprus Consumers’ Association....
https://knews.kathimerini.com.cy/en/news/unique-protected-species-in-europe-killed-at-the-mavrokolympos-dam
A month ago, the Ministry of Agriculture announced an environmental disaster: the drainage of the Mavrokolympos dam due to a technical failure that could not be repaired. ...
https://knews.kathimerini.com.cy/en/news/1-prices-of-everyday-essentials-surge-in-january
Consumers felt the pinch in January as the prices of 26 staple products rose, with 11 categories jumping by more than 3%, according to the latest Consumer Product Price Watch. ...
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/cyprus-energy-gamble-big-promises-bigger-delays-but-a-game-changer-may-be-coming
Last week in Cairo, authorities from the Republic of Cyprus signed a non-binding host country agreement for the development of the Kronos gas field in Block 6 of Cyprus' Exclusive Economic Zone (EEZ).
...
https://knews.kathimerini.com.cy/en/news/cyprus-strikes-energy-deals-but-‘aphrodite-gas-delayed-until-2031
Last Friday marked the conclusion of long-running negotiations between the Republic of Cyprus and the consortium developing the Aphrodite gas field, led by U.S. energy giant Chevron. ...
https://knews.kathimerini.com.cy/en/news/a-i-motokinisi-ltd-supporting-volunteerism-strengthening-cooperation-with-supportcy
A.I. Motokinisi Ltd, the official representative of Porsche cars in Cyprus, announced during an event held at its showroom space in Nicosia that it will further strengthen its collaboration with SupportCY, an initiative of the Bank of Cyprus....
https://knews.kathimerini.com.cy/en/news/2024-global-vc-investment-rises-to-$368b-as-investor-interest-in-ai-soars
Global VC investment rose from $349.4 billion across 43,320 deals in 2023 to $368.3 billion across 35,684 deals in 2024 despite a multitude of challenges, including global conflicts and geopolitical tensions, uncertainties associated with a significant number of major elections—...
https://knews.kathimerini.com.cy/en/news/the-road-to-prosperity
Browsing social media I have recently come across a map showing all the countries with GDP per capita higher than Poland’s back in 1990 and in 2018....
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/government-announces-minimum-wage-increase-for-hotel-workers
President Nikos Christodoulides highlighted key economic and labor policy decisions today during a Council of Ministers meeting at the Presidential Palace, emphasizing efforts to boost employment and attract Cypriot professionals back home....
https://knews.kathimerini.com.cy/en/business/cyprus-court-halts-sale-of-mortgaged-property
In a landmark ruling, the Nicosia District Court has suspended the sale of mortgaged properties, citing illegalities in mortgage agreements....
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-posts-€508m-profit-for-2024
Bank of Cyprus has posted impressive results for 2024, reporting net profits of €508 million, marking a 4% increase from the previous year’s €487 million. The results reflect the bank's strong performance and growth, despite slight fluctuations in some areas....
https://knews.kathimerini.com.cy/en/news/cyprus-and-egypt-join-forces-on-major-energy-projects
The Christodoulides administration places great strategic importance—both in terms of energy and geopolitics—on the President’s visit to Egypt....
https://knews.kathimerini.com.cy/en/news/larnaka-new-projects-new-energy-and-a-bright-outlook-for-its-tourism
Larnaka is on the verge of an exciting transformation. With its beautiful coastline, rich history, and growing modern developments, the city is becoming an increasingly attractive spot for tourists....
https://knews.kathimerini.com.cy/en/business/lidl-cyprus-goes-ahead-with-new-additional-financial-benefits-of-€450-000
Lidl Cyprus is rewarding the collective effort and contribution of its team by providing additional financial benefits totaling €450,000 to boost its income. At the same time, as from March 1, 2025, it’s establishing the minimum wage for its employees at €1,220 gross....
https://knews.kathimerini.com.cy/en/news/serious-allegations-regarding-fuel-prices-and-black-market-of-photovoltaic-systems
Marios Drousiotis highlighted an official admission from the Ministry of Energy, Commerce, and Industry confirming consumers' long-standing complaints about human error affecting fuel price monitoring, resulting in inflated prices....
