https://knews.kathimerini.com.cy/en/news/audit-service-to-review-first-lady-s-charity-amid-questions-over-donor-ties
Cyprus’ Audit Service will investigate the Independent Social Support Agency, a charitable fund managed by the First Lady, after a report highlighted several donations that raise questions about transparency and possible conflicts of interest....
https://knews.kathimerini.com.cy/en/news/cyprus-this-week-banks-mots-and-tax-talks-stir-debate
Cyprus’ headlines this week reflect a mix of economic, labor, and public safety issues, from banks rewarding employees handsomely to questions about who is really keeping the country’s roads safe. ...
https://knews.kathimerini.com.cy/en/business/employers-unanimously-reject-cost-of-living-proposal-by-government
Cyprus’ two leading employer groups have rejected the government’s proposal for a new Cost-of-Living Allowance (ATA) deal, saying the draft agreement “falls short” on several key points and cannot be signed as it stands....
https://knews.kathimerini.com.cy/en/news/€700-000-donation-raises-eyebrows-at-first-lady-s-social-support-agency
A €700,000 donation to the First Lady’s Independent Social Support Agency (ISSB) has drawn fresh scrutiny, with the Auditor General warning that private contributions could give the appearance of influence when donors are also doing business with the State....
https://knews.kathimerini.com.cy/en/news/the-landmark-nicosia-set-to-open-later-this-month
The Landmark Nicosia, Autograph Collection, is entering the final stages of construction and is on track to open its doors by the end of November. ...
https://knews.kathimerini.com.cy/en/business/cyprus-in-the-spotlight-mediterranean-pact-offers-jobs-energy-and-influence
Cyprus is positioning itself for a front‑row seat in a major new regional plan. The EU‑backed Pact for the Mediterranean, launched in mid‑October, aims to deepen cooperation across the southern shores of the Mediterranean, and Cyprus stands to gain in several concrete ways....
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-opens-india-hub-to-attract-new-business
The Bank of Cyprus is setting up a special ''India Hub'' to help Indian businesses work with the bank and explore opportunities in Cyprus and Europe....
https://knews.kathimerini.com.cy/en/business/cavalli-tower-at-limassol-blu-marine-officially-inaugurated-in-spectacular-ceremony
The Leptos Group proudly announced the official inauguration of Cavalli Tower at Limassol Blu Marine, marking Roberto Cavalli’s first-ever branded residential development in Europe and a landmark moment for Cyprus on the global stage....
https://knews.kathimerini.com.cy/en/business/two-cyprus-hotels-earn-their-first-michelin-key-and-they-couldn-t-be-more-different
Just like the Michelin stars that honor the world’s best restaurants, the Michelin Key is now shining on the planet’s top hotels, and two of them are right here in Cyprus....
https://knews.kathimerini.com.cy/en/life/from-nicosia-to-new-york-cyprus-halloumi-lands-in-the-west-village
New Yorkers are about to learn what Cypriots have known all along: there’s no problem in life that a bit of halloumi can’t fix....
https://knews.kathimerini.com.cy/en/news/boc-fintech-hackathon-6-0-empowering-innovation-in-the-new-era-of-fintech
The 6th BoC Fintech Hackathon, organized by the Bank of Cyprus, was held at the IDEA Innovation Centre from 10–12 October 2025, and concluded with resounding success....
https://knews.kathimerini.com.cy/en/news/arrest-made-in-the-murder-of-businessman-stavros-demosthenous-as-police-close-in-on-suspects
Authorities have made the first arrest in the high-profile killing of businessman and Karmiotissa football club president Stavros Demosthenous....
https://knews.kathimerini.com.cy/en/business/yet-another-private-clinic-to-open-in-cyprus
Cyprus’s private healthcare sector continues to grow, with plans underway for a new clinic in the heart of Strovolos. The Environmental Authority has approved the construction of the Phoenix Medical Center, owned by PSV Phoenix Holdings LTD, signaling continued investor confidence in the sector....
https://knews.kathimerini.com.cy/en/news/stefan-dobrev-europe-s-diversity-as-a-weapon-for-innovation
Stefan Dobrev, chairman of the European Institute of Innovation and Technology, called for a “new European self-confidence” in the age of artificial intelligence, speaking Thursday at the Digital Agenda 2025 conference under the theme “Beyond AI.”...
https://knews.kathimerini.com.cy/en/news/ai-enters-the-bureaucracy-as-microsoft-co-pilot-rolls-out-in-public-administration
The government has introduced Microsoft Co-pilot, an artificial intelligence tool designed to speed up administrative work and enhance productivity across the public sector....
https://knews.kathimerini.com.cy/en/business/inside-cyprus-new-power-market-who-s-in-and-how-prices-will-be-set
Cyprus formally opened its competitive electricity market Wednesday, a milestone in the country’s effort to liberalize the energy sector and give consumers more freedom to choose how they buy power....
https://knews.kathimerini.com.cy/en/news/power-shift-17-companies-enter-cyprus-new-electricity-market
For the first time in Cyprus, households and businesses will soon be able to choose who supplies their electricity. Starting today, 17 companies, ranging from homegrown startups to established energy providers, are stepping into the island’s brand-new competitive electricity market....
https://knews.kathimerini.com.cy/en/news/eu-investment-bank-holds-first-board-meeting-in-cyprus
The top decision-makers of the European Investment Bank (EIB) are in Cyprus for their first board meeting in the country, shining a spotlight on the island as a key partner in European development....
https://knews.kathimerini.com.cy/en/business/eif-and-eurobank-join-forces-to-channel-€62-5-million-in-new-financing-to-cypriot-smes-and-start-ups
The European Investment Bank Group (EIB Group) today announced the first InvestEU Guarantee transaction in Cyprus, marking a major milestone in bringing EU-backed financing closer to Cypriot businesses....
https://knews.kathimerini.com.cy/en/business/ararat-–-the-signature-collection
On the 3rd of October, Limassol welcomes the official opening of all 10 culinary destinations of ARARAT – The Signature Collection — a landmark moment where gastronomy becomes an art of living....
https://knews.kathimerini.com.cy/en/business/cyprus-employers-call-cost-of-living-pay-hike-unconstitutional
Cyprus’ long-running tug-of-war over the cost-of-living allowance, known locally as ATA, has taken a sharp new turn after the country’s two largest employers’ groups declared the scheme unconstitutional for the private sector....
https://knews.kathimerini.com.cy/en/news/cypriots-fill-supermarket-carts-as-dining-out-declines
Supermarkets in Cyprus are thriving, recording strong turnover in 2024 and again this year, while restaurants and catering businesses are struggling with steep losses....
https://knews.kathimerini.com.cy/en/business/cyprus-launches-competitive-electricity-market-on-october-1
The Cypriot government will open a competitive electricity market on October 1, 2025, aiming to provide citizens and businesses with more affordable and reliable power while accelerating the island’s shift toward renewable energy....
https://knews.kathimerini.com.cy/en/news/birthday-bash-sparks-audit-office-probe-over-environmental-risks-in-paphos
The Audit Office has raised concerns that state officials may have shown serious negligence in allowing a private birthday party for a high-profile businessman to take place in one of Paphos’ most environmentally sensitive areas....
https://knews.kathimerini.com.cy/en/business/cyprus-sets-record-for-wasted-solar-energy-in-2025
Cyprus is wasting record levels of solar energy this year, even as rolling blackouts last week left homes and businesses without power during a heatwave....
https://knews.kathimerini.com.cy/en/news/firestorm-in-the-palace
Cyprus President Nikos Christodoulides is under growing pressure as criticism mounts over his government’s handling of last month’s deadly fire and the political fallout it has unleashed.
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https://knews.kathimerini.com.cy/en/business/bigger-smarter-greener-alphamega-s-new-superstore-is-coming-to-engomi
Retail giant Alphamega has secured planning permission for its brand-new, privately owned flagship store in Engomi, marking a major step forward in a project estimated to cost over €30 million....
https://knews.kathimerini.com.cy/en/business/end-of-an-era-as-kean-factory-to-be-replaced-by-urban-high-rises
One of Cyprus’s most iconic factories is shutting down. After nearly 70 years in the heart of Limassol, the historic KEAN factory will officially wrap up operations at its current site by 2026, marking the end of an era for the local soft drink producer....
https://knews.kathimerini.com.cy/en/business/skip-truck-drivers-sound-the-alarm-help-us-or-everyone-pays
Skip Truck Drivers Sound the Alarm: “We’re Being Pushed Out”
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https://knews.kathimerini.com.cy/en/business/cyprus-airports-set-for-€170m-makeover-as-passenger-growth-soars
Cyprus is gearing up for a major transformation of its two main airports, as Hermes Airports Chairman Christophe Petit outlines a €170 million overhaul set to modernize and expand Larnaka and Pafos terminals. ...
