https://knews.kathimerini.com.cy/en/business/cyprus-wants-companies-that-bring-more-than-a-registered-address
Attracting companies to Cyprus is one thing. Making sure they actually do business here and contribute to the economy is another....
https://knews.kathimerini.com.cy/en/comment/opinion/who-wants-to-run-a-business-in-cyprus-anymore
Between armed conflicts, geopolitical developments, a prolonged energy crisis and constant shifts in the global economy, running a business in Cyprus is becoming increasingly difficult....
https://knews.kathimerini.com.cy/en/business/is-limassol-becoming-too-expensive-for-business
Limassol’s cost-of-living pressures appear to be reaching a breaking point, extending beyond households and residents to the business community....
https://knews.kathimerini.com.cy/en/news/cyprus-orders-second-patrol-ship-from-israel
The agreement to acquire a second offshore patrol vessel is simply the implementation of the original plan to strengthen the National Guard’s Naval Command with modern surface vessels....
https://knews.kathimerini.com.cy/en/news/israel-s-election-leaves-power-undecided-with-cyprus-watching-closely
Israel’s election has left neither main political bloc with enough seats to govern, setting up difficult coalition negotiations in a country whose security decisions carry consequences for nearby Cyprus....
https://knews.kathimerini.com.cy/en/news/at-least-30-killed-as-high-speed-trains-collide-in-spain
At least 30 people were killed and 80 injured when two high-speed trains collided in central Spain on Wednesday, with authorities warning that the casualty figures could rise....
https://knews.kathimerini.com.cy/en/business/revolut-outage-reveals-banks-vulnerability-to-cloud-service-failures
The disruption to Revolut services caused by a Google Cloud failure on October 20 has drawn attention to the reliance of everyday banking on external technology providers and the challenges financial institutions face when essential digital systems become unavailable....
https://knews.kathimerini.com.cy/en/news/troodos-asbestos-mine-among-sites-covered-by-€302-400-in-public-tenders
Two public infrastructure contracts with a combined estimated value of €302,400 excluding VAT are now under evaluation following the closure of bidding on Tuesday, with works planned at the former Amiantos Mine and long-term maintenance of wastewater facilities at Troodos Camp....
https://knews.kathimerini.com.cy/en/business/pwc-cyprus-strengthens-its-leadership-team-with-three-new-partners
PwC Cyprus announces that Michalis Zourides , Lambros Kyriakides and Panayiotis Hadjiconstantinou will join the firm's Partnership, assuming their roles as Partners effective 1 January 2027.
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https://knews.kathimerini.com.cy/en/business/eko-strikes-deal-to-buy-staroil
The company behind EKO Cyprus has agreed to buy local fuel supplier STAROIL, a deal that could reshape competition in a market where drivers and households are watching fuel prices closely....
https://knews.kathimerini.com.cy/en/news/government-spends-more-than-it-earns-as-deficit-grows
The Cypriot government spent nearly €143 million more than it brought in during the second quarter of 2026, as rising costs outpaced an increase in revenue, preliminary figures from the Statistical Service show....
https://knews.kathimerini.com.cy/en/news/cyprus-signs-deal-for-new-israeli-patrol-vessel
Cyprus is adding a new patrol vessel to its navy under an agreement signed with Israel on Monday, as the island seeks to strengthen its ability to monitor and respond to incidents at sea....
https://knews.kathimerini.com.cy/en/news/cyprus-among-eu-countries-targeted-by-russia-linked-cyberattacks
Cyprus is among nine EU member states where cyberattacks or sabotage incidents linked to Russia have been reported, according to a new briefing by the European Parliamentary Research Service (EPRS), as European countries face increasing pressure from hostile activities that fall short of open warfare....
https://knews.kathimerini.com.cy/en/news/cyprus-signs-major-gas-deal-with-kronos-production-targeted-for-2028
Cyprus moved a step closer Monday to turning its offshore natural gas into an income source for the country, signing contracts worth up to $1.8 billion to develop the Kronos field....
https://knews.kathimerini.com.cy/en/news/israel-votes-and-cyprus-has-a-stake-in-what-comes-next
Israel’s parliamentary election on Oct. 27 comes amid profound domestic changes and significant shifts in the regional security landscape....
https://knews.kathimerini.com.cy/en/business/trouble-in-the-financial-shadows-is-cyprus-ready
When inflation began to run out of control in the 1970s, a provision of the Glass-Steagall framework, then approaching its 40th anniversary, began to make its presence felt in the markets....
https://knews.kathimerini.com.cy/en/news/cyprus-turns-to-israeli-weapons-but-france-remains-its-top-arms-supplier
Sixty-two years after its establishment, the National Guard has spent the past 15 years entering a new era, leaving behind a period defined largely by its inward-looking approach....
https://knews.kathimerini.com.cy/en/business/cyprus-defense-tech-industry-grows-but-can-it-turn-innovation-into-business
The number of defense technology companies in Cyprus is growing, creating a diverse ecosystem capable of developing new solutions as well as bringing existing technologies to market.
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https://knews.kathimerini.com.cy/en/news/cypriots-urged-to-donate-blood-as-shortages-delay-transfusions-and-surgery
Cyprus is facing renewed pressure to secure enough blood for patients, with shortages forcing delays to transfusions and planned operations. MPs and patient representatives have called for urgent action, additional staffing and a national plan to ensure hospitals can meet demand....
https://knews.kathimerini.com.cy/en/news/nexans-sets-2028-target-for-greece-cyprus-cable-production-restart
French cable manufacturer Nexans expects production of the submarine cable for the Great Sea Interconnector (GSI), the planned electricity link between Greece and Cyprus, to restart in 2028, while continuing to pursue other projects to keep its production facilities occupied....
https://knews.kathimerini.com.cy/en/news/whistleblower-reports-more-than-triple-to-85-in-2025
Cyprus received 85 whistleblower reports in 2025, more than three times the number recorded a year earlier, according to figures released by the Justice Ministry....
https://knews.kathimerini.com.cy/en/news/legal-snag-complicates-larnaca-port-and-marina-plans
The government is seeking a legal solution to keep Larnaca’s port and marina redevelopment moving, after the Legal Service said the marina’s development must go to an open tender rather than be assigned directly to the Cyprus Ports Authority....
https://knews.kathimerini.com.cy/en/news/heating-fuel-tax-cut-takes-effect-but-mps-push-for-more-relief
Heating fuel taxes fall by 6.39 cents a liter from today, Oct. 23, giving households some relief before winter, although MPs warned that the reduction would only partly ease the pressure of rising energy costs....
https://knews.kathimerini.com.cy/en/news/cyprus-presses-eu-to-clarify-mutual-defense-plans
President Nikos Christodoulides has called on the European Union to resume discussions on its mutual defense commitments, warning that the bloc must be prepared to respond collectively to armed aggression against any member state....
https://knews.kathimerini.com.cy/en/comment/opinion/could-loan-brokers-put-thousands-of-cyprus-banking-jobs-at-risk
Cyprus could see a shift toward loan brokers, a model already used in Greece and other countries, potentially reducing banks’ staffing needs while increasing competition and giving borrowers more options....
https://knews.kathimerini.com.cy/en/business/rising-fuel-costs-put-pressure-on-cyprus-airways-ticket-prices
Cyprus Airways is preparing for a new phase of growth following a period of stabilization after the serious difficulties it faced in 2024. The airline is gradually changing its ownership structure, expanding its fleet, adding destinations and improving its services....
https://knews.kathimerini.com.cy/en/news/qatar-to-help-train-staff-for-cyprus-planned-security-command-centre
Cyprus and Qatar have agreed to strengthen cooperation on security operations, maritime surveillance and staff training following a series of meetings between Justice and Public Order Minister Costas Fitiris and Qatari officials....
https://knews.kathimerini.com.cy/en/business/newly-opened-hadassah-center-faces-scrutiny-over-medical-services
The newly opened Hadassah Medical Center in Limassol is already facing scrutiny over how it provides medical care, following reports of complaints to the Health Ministry, claims the center has strongly challenged....
https://knews.kathimerini.com.cy/en/news/all-day-schools-on-life-support-as-115-posts-remain-unfilled
Cyprus’ optional all-day schools are ''on life support'' because of staff shortages, the primary teachers’ union warned today, as lawmakers examined unfilled posts, delayed appointments and parents’ complaints about operating hours....
https://knews.kathimerini.com.cy/en/business/indian-rupees-transactions-through-bank-of-cyprus
Transactions for businesses and individuals
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