https://knews.kathimerini.com.cy/en/news/elon-musk-takes-ai-to-space-merges-xai-with-spacex
Elon Musk is combining two of his biggest private ventures in a move that could reshape the future of artificial intelligence and put it literally out of this world....
https://knews.kathimerini.com.cy/en/business/cyprus-casinos-brace-for-new-competition-from-greece-and-uae
Cyprus’ casino industry is bracing for new competition, with upcoming casinos in Greece and the United Arab Emirates expected to shake up the local market, officials said Thursday....
https://knews.kathimerini.com.cy/en/business/cyprus-becomes-india-s-gateway-to-europe-as-landmark-trade-deal-takes-effect
A fresh momentum is taking hold in Cyprus-India commercial relations, thanks to the free trade agreement recently finalized between the European Union and India. The deal promises lower tariffs on European products and smoother access to the vast Indian market....
https://knews.kathimerini.com.cy/en/news/george-vassiliou-cyprus-president-who-believed-in-dialogue-and-europe-dies-at-94
Former President of the Republic of Cyprus George Vassiliou passed away on Tuesday evening at the age of 94, marking the end of a long life devoted to public service and political reform....
https://knews.kathimerini.com.cy/en/business/cyprus-weathers-global-turbulence-as-economic-growth-and-reforms-hold-firm-in-2025
Cyprus entered 2025 with strong economic momentum, building on real GDP growth of 3.4% in 2024. ...
https://knews.kathimerini.com.cy/en/business/alpha-bank-s-a-announces-agreement-on-the-key-commercial-and-legal-terms-of-strategic-insurance-transactions-in-cyprus
Alpha Bank S.A. (“Alpha Bank”) announces that it has reached an agreement on the key commercial and legal terms for a strategic combination of insurance activities in Cyprus, ...
https://knews.kathimerini.com.cy/en/business/big-insurance-shake-up-coming-to-cyprus
Alpha Bank is moving to shake up Cyprus’ insurance sector, announcing a major deal that will merge two well-known insurers into what is expected to become one of the country’s biggest insurance groups....
https://knews.kathimerini.com.cy/en/business/netflix-stuns-hollywood-with-$72-billion-bid-for-warner-bros
Netflix shocked Hollywood on Friday, announcing a $72 billion deal to buy Warner Bros. and HBO, a move that could fuse one of the biggest streamers with one of the most iconic studios in the world....
https://knews.kathimerini.com.cy/en/business/us-tech-firm-tki-expands-to-cyprus-through-ai-merger
A major new player has joined Cyprus’ growing tech scene. US-based software and AI company TKI is officially setting up shop on the island after merging with Hybrid ConsulTech, which will now operate as TKI EMEA....
https://knews.kathimerini.com.cy/en/business/fuel-market-shake-up-under-investigation
Cyprus’s competition watchdog has launched a full investigation into Petrolina’s planned takeover of ExxonMobil Cyprus, warning the deal could harm competition in the country’s fuel market....
https://knews.kathimerini.com.cy/en/business/september-1-to-mark-historic-merger-of-hellenic-bank-and-eurobank-cyprus
On September 1, Hellenic Bank and Eurobank Cyprus are set to complete their merger, transferring all assets and liabilities to form a single, stronger institution. The merger is expected to reshape the Cypriot banking sector and expand services for customers across the island....
https://knews.kathimerini.com.cy/en/business/eurobank-to-hike-dividends-by-over-50
Eurobank has announced plans to increase its dividend payout by more than 50% next year, alongside a juicy interim dividend of €170 million, equivalent to 4.7 cents per share. The news comes despite a small dip in profits, showing the bank’s confidence in its growth path and expanding footprint....
https://knews.kathimerini.com.cy/en/business/cyprus-banks-are-merging-and-here-s-what-that-means-for-you
Cyprus is heading toward a major financial facelift, with a wave of mergers and acquisitions already in motion and expected to accelerate by the end of 2025. Sirens may have marked a different kind of Tuesday morning in Nicosia, but in the banking world, the alarm bells signal transformation....
https://knews.kathimerini.com.cy/en/business/eurobank-eyes-dual-listing-on-cyprus-and-athens-stock-exchanges-after-hellenic-bank-exit
Greece’s Eurobank is considering listing its shares on the Cyprus Stock Exchange (CSE), just as Hellenic Bank prepares to officially delist on June 30, 2025, sealing a €1.3 billion investment deal that signals strong faith in the Cypriot economy....
https://knews.kathimerini.com.cy/en/business/protect-cypriot-businesses-before-they-re-bought-out-chamber-chief-warns
The head of the Cyprus Chamber of Commerce and Industry (CCCI) is urging action to protect local businesses from being swallowed up by foreign interests, calling for targeted tax reforms and incentives to encourage homegrown mergers....
https://knews.kathimerini.com.cy/en/business/cyprus-returns-to-three-systemic-banks-after-alpha-bank-cyprus-astrobank-deal
Cyprus is set to have three systemic banks again after Alpha Bank Cyprus signed a final agreement to acquire most of AstroBank’s assets and liabilities. The deal was officially signed Tuesday, June 24, 2025....
https://knews.kathimerini.com.cy/en/business/alpha-bank-to-acquire-astrobank-in-€200-million-deal
Alpha Bank Cyprus will acquire the entire operations of Astrobank, excluding €15 million in non-performing loans, in a deal set to be signed Friday, June 20....
https://knews.kathimerini.com.cy/en/business/bollywood-bots-and-big-bucks-as-cyprus-becomes-india-s-new-business-and-movie-hub
In a major boost to Cyprus’s economy and international standing, two Indian companies have officially announced their expansion into the country, with more than 20 others reportedly exploring similar moves....
https://knews.kathimerini.com.cy/en/business/cnp-cyprus-rebrands-as-erb-after-€182m-acquisition-by-hellenic-bank
By the end of June 2025, ''CNP'' will be renamed ''ERB'' as a result of the acquisition of CNP Cyprus Insurance by Hellenic Bank....
https://knews.kathimerini.com.cy/en/news/ey-announces-the-appointment-of-4-new-partners-in-cyprus
EY Cyprus is pleased to announce that its leadership team has been strengthened with the addition of four new partners:...
https://knews.kathimerini.com.cy/en/business/deloitte-cyprus-welcomes-two-new-partners
Deloitte Cyprus is pleased to announce the growth of its leadership team with the appointment of two new partners, effective 1 June 2025....
https://knews.kathimerini.com.cy/en/news/shock-bills-football-fixes-a-u-turn-on-makarios-ave-cyprus-week-of-curveballs
From electricity bills getting a surprise bump to football clubs sliding past tax rules (again) and a Nicosia street project taking a literal U-turn, this week was full of plot twists. ...
https://knews.kathimerini.com.cy/en/news/interior-minister-proposes-cutting-deputy-mayors-cites-need-for-local-government-reform
Interior Minister Konstantinos Ioannou said the government is considering proposals to reduce the number of Deputy Mayors across Cyprus, calling the current figure of 93 “excessive.”...
https://knews.kathimerini.com.cy/en/business/india-turns-its-gaze-to-cyprus-as-gateway-to-europe-and-the-middle-east
Cyprus is emerging as a promising bridge between India and the broader regions of Europe and the Middle East, with business ties between the two countries gaining serious momentum....
https://knews.kathimerini.com.cy/en/business/hellenic-bank-and-eurobank-cyprus-to-merge-under-one-name-eurobank
The new bank that will emerge from the much-anticipated merger between Hellenic Bank and Eurobank Cyprus will operate under a single name: Eurobank....
https://knews.kathimerini.com.cy/en/news/andreas-neocleous-omiros-pissarides-eirini-hadjisavva-and-marios-tannousis-to-speak-at-green-agenda-cyprus-summit
This year’s Sustainable Development Conference aims to support and enhance Cyprus’s national strategy for the Green Transition....
https://knews.kathimerini.com.cy/en/news/christianna-diogenous-georgios-kazantzis-and-joseph-antoniou-to-speak-at-the-green-agenda-cyprus-summit
This year’s Sustainable Development Conference is dedicated to supporting and strengthening Cyprus’ national strategy for a Green Transition....
https://knews.kathimerini.com.cy/en/comment/opinion/politics-served-with-a-side-of-flaouna-karousos-vs-koumis-chartsiotis-dishes-blame-and-electra-fizzles
An all-out brawl on social media, right in the middle of the holy Easter days, between the President of the Famagusta Tourism Development Board and former Minister under Anastasiades' government, Yiannis Karousos, and the current Deputy Minister of Tourism, Kostas Koumis....
https://knews.kathimerini.com.cy/en/news/alpha-services-acquires-axia-ventures
Alpha Services and Holdings has announced an agreement to acquire AXIA Ventures Group, aiming to form the leading investment banking and capital markets company in Greece and Cyprus. ...
https://knews.kathimerini.com.cy/en/business/eurobank-s-€1-3b-move-creates-cyprus-largest-bank
Eurobank Group’s €1.3 billion investment in Hellenic Bank is set to reshape Cyprus' banking landscape, creating the country’s largest financial institution with total assets of €27.5 billion....
