https://knews.kathimerini.com.cy/en/business/keravnos-big-companies-are-not-leaving-cyprus-over-15-tax-rule
Big companies are not packing their bags and leaving Cyprus because of the new global minimum tax, Finance Minister Makis Keravnos said Thursday, dismissing reports of a corporate exodus as speculation driven by ''individual voices.''...
https://knews.kathimerini.com.cy/en/business/expanding-into-cyprus-a-practical-guide-for-international-businesses
Expanding or relocating business operations is one of the most important strategic decisions an organisation can make....
https://knews.kathimerini.com.cy/en/news/cyprus-and-greece-to-co-develop-combat-drones
Greece and the Republic of Cyprus are expected to move forward in the coming period with a joint program under the EU’s SAFE initiative for the co-production of an unmanned combat aerial vehicle (UCAV)....
https://knews.kathimerini.com.cy/en/business/deloitte-cyprus-is-proud-to-welcome-two-new-partners
Deloitte Cyprus proudly announces the growth of its leadership team with the appointment of two new partners, effective 1 June 2026. Novia Georgiou and Michalis Zinieris have been promoted to Partner in the Audit & Assurance and Technology & Transformation practices, respectively. They both bring significant expertise in their fields, and exemplify the outstanding leadership, integrity, and values that form the foundation of Deloitte....
https://knews.kathimerini.com.cy/en/business/greek-business-wave-in-cyprus-seeks-stronger-voice
Greek business activity in Cyprus has been steadily strengthening in recent years, with a noticeable rise in investments and the relocation of skilled professionals to the island, a trend that reflects renewed confidence in the Cypriot economy....
https://knews.kathimerini.com.cy/en/business/announcement-new-leadership-appointments-at-k-treppides-co-ltd
The Management of K. Treppides & Co Ltd is pleased to announce the appointment of new Directors, Principals and Senior Leaders to the Board of Directors and the Board of Management, effective 1 April 2026. ...
https://knews.kathimerini.com.cy/en/comment/opinion/does-war-create-opportunities-for-the-economy
The ever-increasing duration of military operations in Iran shows no sign of ending anytime soon unless the United States and Israel choose to step back. While that option is at least being considered in Washington, along with the search for a pretext, it appears inconceivable in Israel to retreat from what it has framed as its own ''mother of all battles.''...
https://knews.kathimerini.com.cy/en/news/we-can-t-pay-this-farmers-hit-with-water-bills-going-back-ten-years
Farmers across Cyprus say they’ve been hit with shocking water bills going back nearly ten years, and they warn the sudden charges could put them out of business....
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/bank-of-cyprus-best-foreign-exchange-bank-in-cyprus-by-global-finance
The Bank of Cyprus has received another important international distinction, being named ''Best Foreign Exchange Bank in Cyprus'' at the annual Gordon Platt Foreign Exchange Awards – World’s Best Foreign Exchange Banks organized by the prestigious magazine Global Finance....
https://knews.kathimerini.com.cy/en/business/advertising-in-2025-ai-won-t-buy-your-product-people-will
''Agents can do great research, but they don’t shop,'' says Arriana Yiallourides, Business Development Director at VML North America. ...
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/freedom-holding-corp-added-in-the-prestigious-russell-3000®-index
Freedom Holding Corp. (FRHC), a diversified, multinational financial services firm, has been selected for inclusion in the Russell 3000® Index as part of its annual reconstitution in 2025. The inclusion will take effect after the US market closes on June 27, 2025....
https://knews.kathimerini.com.cy/en/business/new-15-tax-hits-hellenic-hard-as-profits-drop-by-half
Hellenic Bank has just become the poster child for how Cyprus’ new 15% minimum tax law is starting to shake up the financial sector — and it’s not just about tax bills....
https://knews.kathimerini.com.cy/en/business/the-resident-billionaires-behind-cyprus-rise-as-a-global-business-hub
Cyprus has quietly become a magnet for some of the world's wealthiest individuals, transforming the island into a hub for global business and investment. ...
https://knews.kathimerini.com.cy/en/news/mcdonald-s-cuts-lgbtq-inclusion-efforts-but-claims-it-still-‘cares-about-diversity
McDonald’s, one of the world’s most recognizable brands, is recalibrating its diversity, equity, and inclusion (DEI) policies in response to recent societal and legal changes....
https://knews.kathimerini.com.cy/en/news/cyprus-mps-vote-on-major-bills-including-tax-hikes-and-baby-bonuses
The Cyprus Parliament was busy on Thursday, voting on a series of important bills that could reshape the island's economic landscape and support families....
https://knews.kathimerini.com.cy/en/business/major-companies-eye-cyprus-as-european-hq-says-annual-securities-report
The President of Cyprus, Nicos Christodoulides, met with the Cyprus Securities and Exchange Commission (CySEC) at the Presidential Palace to receive their 2023 annual report. ...
https://knews.kathimerini.com.cy/en/business/ft-dutch-court-rules-heineken-must-pay-millions-for-greek-subsidiary-violations
According to a report in the Financial Times, a Dutch court has ruled that Heineken is responsible for competition violations linked to its Greek subsidiary, Athenian Brewery, dating back to the 1990s. ...
https://knews.kathimerini.com.cy/en/news/eu-takes-cyprus-to-court-over-tax-law-delays
The European Commission has referred Cyprus, along with Spain, Poland, and Portugal, to the European Court of Justice for failing to implement the 2022 directive on a global minimum level of taxation for multinational corporations and large companies (Pillar 2 directive)....
https://knews.kathimerini.com.cy/en/business/the-rise-of-applied-regulatory-compliance-from-theory-to-practice
As regulatory expectations continue to soar, it is clear that firms must shift from mere consultation to actionable compliance. ...
https://knews.kathimerini.com.cy/en/news/adnoc-and-bp-engage-in-high-stakes-talks-with-energy-minister
Officials from the United Arab Emirates' Abu Dhabi National Oil Company (Adnoc) and British multinational BP will be in Cyprus today, Friday, for meetings with Energy Minister George Papanastasiou.
...
https://knews.kathimerini.com.cy/en/news/pwc-cyprus-is-strengthened-with-new-partners
As PwC Cyprus continues its successful re-invention and shift to a new business model, fit and relevant for the new market conditions and opportunities, ...
https://knews.kathimerini.com.cy/en/news/eu-warns-cyprus-on-15-business-tax-compliance
The European Commission has warned Cyprus and several other countries to step up their game on important new tax and data rules. Cyprus, along with Spain, Latvia, Lithuania, Poland, and Portugal, is under pressure to enforce a minimum 15% tax rate for big multinational companies, a key part of the EU’s efforts to ensure fair taxation....
https://knews.kathimerini.com.cy/en/business/pillar-two-readiness-and-technology
As per our previous publications and alerts, we had the opportunity to communicate a significant development - the introduction of BEPS 2.0 Pillar Two or Global Minimum Tax. The European Union unanimously adopted a directive in December 2022 (the ''Minimum Tax Directive''). ...
https://knews.kathimerini.com.cy/en/business/cyprus-delays-15-multinational-tax-enforcement
Cyprus has yet to enforce the new EU rules introducing a minimum effective tax rate of 15% for multinational corporations operating within EU member states....
https://knews.kathimerini.com.cy/en/business/ey-cyprus-welcomes-two-new-partners-to-power-growth
EY Cyprus is pleased to announce that its leadership team has been strengthened with the addition of two new partners....
https://knews.kathimerini.com.cy/en/news/mitsotakis-unveils-stance-on-same-sex-marriage
He opened his cards on the issue of same-sex marriage, which has caused a lot of discussion, yesterday the Prime Minister Kyriakos Mitsotakis......
https://knews.kathimerini.com.cy/en/business/ey-cyprus-redefines-corporate-reporting-landscape-at-3rd-annual-insights-event
EY Cyprus organised its 3rd Annual Corporate Reporting Insights event titled ‘Connectivity: Reforming Corporate Reporting.’ ...
https://knews.kathimerini.com.cy/en/business/russian-tycoons-secure-bargains-as-multinationals-retreat
In the post-Ukraine war era, a unique trend is shaping Russia's business landscape. Big Western players like McDonald's, Ball Corp., and Henkel AG made a swift exit, leaving behind a $21 billion void. Enter a new generation of Russian business leaders, seizing opportunities amidst the multinational exodus....
