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/news/new-drilling-rig-named-after-1963-bloody-christmas-incidents-in-cyprus
Turkey is gearing up to deploy a newly acquired, state-of-the-art oil and gas drilling rig in the eastern Mediterranean, and the choice of its accompanying support ships is stirring attention....
https://knews.kathimerini.com.cy/en/news/nicosia-goes-shopping-for-new-firepower
Cyprus is gearing up for one of the biggest overhauls of its National Guard in years, sending Brussels a sweeping shopping list of military hardware, from helicopters and drones to patrol vessels, missiles, and upgraded bases, all under the EU’s new SAFE program....
https://knews.kathimerini.com.cy/en/news/cyprus-pushes-for-electricity-links-to-strengthen-regional-influence
Cyprus is taking bold steps to establish itself as a key player in the Eastern Mediterranean energy scene, President Nikos Christodoulides said Tuesday at the 13th Energy Symposium. ...
https://knews.kathimerini.com.cy/en/news/larnaca-marina-dredging-on-track-for-2025-finish-minister-says
The dredging of Larnaca Marina is moving ahead as planned and is expected to finish by December 2025, Transport Minister Alexis Vafeadis said Friday, reassuring boat owners that smoother sailing is on the way....
https://knews.kathimerini.com.cy/en/news/von-der-leyen-vows-to-end-cyprus-s-electricity-isolation
European Commission President Ursula von der Leyen announced plans to address critical energy bottlenecks, including Cyprus’s limited electricity links to continental Europe....
https://knews.kathimerini.com.cy/en/business/ex-abramovich-yacht-directors-face-€25m-tax-evasion-trial-in-cyprus
Former directors of a company tied to Russian billionaire Roman Abramovich’s superyachts are set to face trial in Cyprus over a €25 million VAT tax evasion case....
https://knews.kathimerini.com.cy/en/business/‘pegasus-1-reveals-350-meter-column-of-natural-gas
President Nikos Christodoulides was briefed Monday on a new natural gas discovery in the Republic of Cyprus’ Exclusive Economic Zone (EEZ), following a videoconference with ExxonMobil Vice President John Ardill....
https://knews.kathimerini.com.cy/en/news/4-8-magnitude-earthquake-strikes-off-coast-of-cyprus
A moderate earthquake struck off the southeastern coast of Cyprus on Monday afternoon, shaking parts of the island but causing no immediate reports of damage or injuries....
https://knews.kathimerini.com.cy/en/news/experts-puzzled-by-unusual-seismic-activity-linked-to-earthquake-at-mount-athos
A flurry of unusual seismic activity, centered offshore near Mount Athos, home to ancient Orthodox monasteries, has scientists puzzled and on high alert....
https://knews.kathimerini.com.cy/en/news/earthquake-strikes-in-the-sea-area-between-cyprus-and-turkey
A moderate earthquake was recorded early on Thursday morning, June 5, in the sea area between Cyprus and Turkey. ...
https://knews.kathimerini.com.cy/en/news/fuel-tank-sinks-off-limassol-coast
A floating fuel tank sank during towing operations off the coast of Amathus in Limassol, prompting a response from the Department of Fisheries and Marine Research....
https://knews.kathimerini.com.cy/en/news/east-med-marine-offshore-exhibition-2025-another-milestone-for-cyprus-shipping-industry
The 11th East Med Marine & Offshore Exhibition, organized by Fameline Holding Group under the auspices of the Cyprus Deputy Ministry of Shipping and coordinated by Thoosa Events, concluded successfully at the GrandResort in Limassol....
https://knews.kathimerini.com.cy/en/news/mild-earthquake-shakes-limassol-area
A mild earthquake with a preliminary magnitude of 2.8 was recorded early Monday in the sea southeast of Limassol, according to the European-Mediterranean Seismological Centre....
https://knews.kathimerini.com.cy/en/news/cyprus-means-business-christodoulides-wraps-up-high-stakes-u-s-investment-tour
Cyprus Means Business: Christodoulides Wraps Up High-Stakes U.S. Investment Tour
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https://knews.kathimerini.com.cy/en/news/the-east-med-marine-offshore-exhibition-returns
The heart of the maritime and offshore industry is beating once again in Limassol! The East Med Marine & Offshore Exhibition, the premier event for industry professionals, will return for its 11th edition on April 24-25, 2025, at the stunning GrandResort Hotel....
https://knews.kathimerini.com.cy/en/news/trump-s-tariff-blitz-threatens-cyprus-push-for-u-s-investments
Former U.S. President Donald Trump’s dramatic declaration of a ''Liberation” Day'', marked by the sudden imposition of 20% tariffs on imports from the European Union, as well as from Japan, India, Switzerland and China, has sent shockwaves across global markets and ignited fresh fears of a prolonged U.S.-Europe economic standoff....
https://knews.kathimerini.com.cy/en/news/from-sub-hunting-to-rescue-ops-regional-forces-train-side-by-side-in-noble-dina-–-2025-exercise
Naval and air forces from Cyprus, France, Greece, the United States, Italy and Israel participated in the multinational aeronautical exercise “NOBLE DINA – 2025”....
https://knews.kathimerini.com.cy/en/news/seven-dead-search-ongoing-for-missing-migrants-off-cavo-greko
A desperate search is underway in the waters off Cape Greco after a boat carrying over 20 Syrian men capsized 25 nautical miles offshore, in international waters. Despite overnight rescue efforts, authorities have yet to locate any additional survivors....
https://knews.kathimerini.com.cy/en/news/emergency-helicopter-airlift-from-offshore-platform
A medical emergency in Limassol required an urgent air ambulance transfer....
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/cyprus-launches-high-tech-underwater-drones-to-safeguard-artificial-reefs
Cyprus is making waves with a groundbreaking project that uses small, high-tech underwater drones to keep an eye on artificial reefs designed to help marine life thrive. ...
https://knews.kathimerini.com.cy/en/news/how-abramovich-evaded-millions-in-taxes-using-cyprus
A massive tax evasion scheme tied to Roman Abramovich’s superyachts has been uncovered, shedding light on how the Russian billionaire exploited Cyprus’ offshore business environment. Leaked documents reveal that from 2005 to 2012, Abramovich’s companies set up a fake yacht-leasing business in Cyprus to dodge EU taxes on his luxury vessels....
https://knews.kathimerini.com.cy/en/news/cyprus-bank-account-linked-to-dark-web-‘king-of-coke
The International Consortium of Investigative Journalists (ICIJ), known for its groundbreaking Pandora Papers revelations, has published a report exposing the activities of Mark Chikarowski—an Australian who operated under the pseudonym...
https://knews.kathimerini.com.cy/en/news/commission-s-migration-challenge-syria-and-political-hurdles-complicate-new-eu-legislation
According to an article by Pavlos Xanthoulis, the European Commission, led by Ursula von der Leyen, prepares to unveil a new migration and refugee framework in February 2025, significant challenges loom, from escalating conflict in Syria to contentious legal and political disputes within the EU. ...
https://knews.kathimerini.com.cy/en/news/storm-warning-in-effect-as-bora-hits-cyprus
A yellow storm warning has been issued for today, with conditions expected to deteriorate throughout the day. ...
https://knews.kathimerini.com.cy/en/business/exxonmobil-and-qatar-energy-to-drill-two-new-wells-in-cyprus-offshore-gas-fields
ExxonMobil, in partnership with Qatar Energy, is planning to drill two more wells in Cyprus' offshore Blocks 5 and 10 early next year. ...
https://knews.kathimerini.com.cy/en/news/pwc-cyprus-partners-with-leading-companies-for-groundbreaking-project-symbiosis
A leading Consortium comprised of PwC Cyprus, Multimarine Services Ltd, SignalGeneriX Ltd, and Theophrastus Research Institute, has been awarded the Project Symbiosis to Harmonise Offshore Renewable Energy with Defence Operations by the European Defence Agency (EDA)....
https://knews.kathimerini.com.cy/en/news/cyprus-reunification-off-the-table-says-former-u-s-ambassador-warns-europe-not-to-rely-on-u-s
A statesman, a diplomat, and a patriot, John Koenig is the epitome of dedication to service and diplomacy. With a career spanning over three decades, he has served in pivotal roles across the globe, from his time as U.S. Ambassador to Cyprus from 2012 to 2015 to his earlier postings in Belgium, Greece, Indonesia, Italy, and the Philippines.
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https://knews.kathimerini.com.cy/en/news/unsettled-weather-with-showers-and-thunderstorms
A low-pressure system is influencing the area, bringing unsettled conditions....
