https://knews.kathimerini.com.cy/en/business/several-major-airlines-have-cut-flights-as-fuel-costs-soar
Major airlines around the world are canceling flights as the ongoing conflict in Iran drives oil prices to historic highs, forcing carriers to rethink operations and route schedules....
https://knews.kathimerini.com.cy/en/business/onlyfans-owner-leonid-radvinsky-dies-at-43-after-cancer-battle
Leonid Radvinsky, the billionaire owner of the adult content platform OnlyFans, has died after a long battle with cancer, the company announced Monday. He was 43....
https://knews.kathimerini.com.cy/en/news/fuel-and-heating-oil-prices-soar-in-cyprus-petrol-could-top-€2-per-liter
Daily attacks targeting the world’s fuel supply lifeline in the Arabian Gulf have triggered an energy shock whose effects are expected to outlast the fighting itself in Iran....
https://knews.kathimerini.com.cy/en/news/fuel-prices-set-to-rise-again-as-war-driven-costs-mount
Another jump in fuel prices appears inevitable for Cyprus, the head of the island’s gas station association warned Thursday, as global tensions continue to push energy costs higher....
https://knews.kathimerini.com.cy/en/news/former-police-official-says-cypriot-fbi-plan-has-been-ready-for-a-decade
The creation of a specialized unit to combat organized crime, commonly referred to as the “Cypriot FBI,” had already been fully designed about ten years ago, according to former Assistant Chief of Police Christoforos Mavrommatis....
https://knews.kathimerini.com.cy/en/business/cypriot-banks-see-profits-tumble-in-2025
Cypriot banks saw their profits shrink in 2025 compared with the previous year, largely due to a smaller contribution from net interest income....
https://knews.kathimerini.com.cy/en/news/salty-winds-wipe-out-early-potato-crops-leaving-farmers-facing-another-heavy-loss
What should have been the beginning of a profitable harvest has instead turned into a season of loss for potato farmers in eastern Cyprus, after powerful winds carrying sea salt destroyed early crops across several agricultural communities....
https://knews.kathimerini.com.cy/en/news/yes-i-can-inspiring-paralympic-photo-exhibition-takes-over-limassol-s-molos
The heart of Limassol has been transformed into a gallery of courage and resilience with the official opening of the “Yes, I Can” photo exhibition at the Molos seafront. ...
https://knews.kathimerini.com.cy/en/business/return-to-single-buyer-electricity-market-proposed-for-cyprus
A debate has emerged over the structure of Cyprus’s electricity market after Odysseas Michaelides suggested that electricity prices could fall if the country returned to a centralized purchasing system dominated by the Electricity Authority of Cyprus (AHK)....
https://knews.kathimerini.com.cy/en/news/cyprus-weighs-energy-measures-if-oil-prices-climb-above-$100
The situation in the Middle East is raising concerns, while Europe says it is preparing for a longer period of instability that could include disruptions in shipping, higher energy prices, and inflationary pressures. These remarks were made Monday in Brussels by Eurogroup President Kyriakos Pierrakakis in the presence of Kathimerini, noting that energy remains at the center of attention....
https://knews.kathimerini.com.cy/en/news/formula-one-pulls-plug-on-bahrain-and-saudi-races
Formula One is set to cancel two major races in the Middle East as escalating conflict in the region forces the sport to put safety ahead of speed....
https://knews.kathimerini.com.cy/en/news/strong-year-for-aegean-as-profits-climb-to-€147-8-million
AEGEAN announces its operating and financial results for fiscal year 2025, confirming its consistent growth path....
https://knews.kathimerini.com.cy/en/comment/opinion/the-strategy-of-chaos
The most dangerous development in the war in the Persian Gulf, at least in the medium term, is Iran’s new defensive doctrine, which they call the “Mosaic of Decentralized Defense.”...
https://knews.kathimerini.com.cy/en/business/shipping-costs-surge-as-iran-war-sparks-new-global-price-shock
The war in Iran and the broader geopolitical turmoil it has triggered are fueling a new and sharp surge in global shipping costs. ...
https://knews.kathimerini.com.cy/en/business/boc-eyes-strategic-acquisitions-in-insurance-asset-management-and-fintech
Bank of Cyprus says it is keeping a close watch for potential acquisitions that could add value to the group, focusing on three main areas: insurance, asset management and fintech....
https://knews.kathimerini.com.cy/en/news/lidl-cyprus-gets-honorary-award-from-andreas-sofocleous-centre-for-provision-of-social-services-kepaky-for-its-timeless-social-contribution
On Friday, February 20, the non-profit organisation Andreas Sofocleous Centre for Provision of Social Services (KEPAKY) awarded an honorary distinction to the Lidl Cyprus team,...
https://knews.kathimerini.com.cy/en/news/instagram-to-alert-parents-if-teens-repeatedly-search-for-suicide-or-self-harm-topics
Instagram will soon notify parents if their teenage child repeatedly searches for content linked to suicide or self-harm, the company announced, in its latest move to address growing concerns over teen mental health online....
https://knews.kathimerini.com.cy/en/business/cyprus-shadow-network-for-recruiting-foreign-workers
An extensive, largely unseen system for recruiting foreign workers appears to have been operating for years behind the official structures of Cyprus’ labor market....
https://knews.kathimerini.com.cy/en/news/ex-cyprus-football-chief-faces-25-charges-including-conflict-of-interest-and-money-laundering
Former president of the Cyprus Football Association (Georgos Koumas) is facing a staggering 25 charges, spanning conflicts of interest, incompatibility with office, and money laundering, tied to activities dating from 2017 through June 2025....
https://knews.kathimerini.com.cy/en/business/supermarket-sales-surge-as-shoppers-keep-spending
Cyprus’ supermarket sector closed out 2025 on a strong note, underscoring its resilience even in a fiercely competitive market....
https://knews.kathimerini.com.cy/en/news/new-generators-for-dhekelia-now-expected-in-2030
Plans to upgrade the Dhekelia power station have been pushed back again, with the Electricity Authority of Cyprus (EAC) now saying the three new generation units intended for the site are unlikely to arrive before 2030....
https://knews.kathimerini.com.cy/en/business/they-came-to-clean-hotels-but-ended-up-working-in-constructions-sites
A long-running problem in Cyprus’ labor market is still going strong: foreign workers brought into the country as hotel cleaners are ending up on construction sites, often through shell companies that exist largely on paper....
https://knews.kathimerini.com.cy/en/news/trump-launches-trumprx-promises-big-discounts-on-prescription-drugs
President Donald Trump unveiled TrumpRx on Thursday, a government-backed website offering deep discounts on 43 prescription medications, including insulin, fertility treatments, obesity drugs, and asthma medications....
https://knews.kathimerini.com.cy/en/business/cyta-posts-€85-million-profit-as-digital-infrastructure-investments-accelerate
Cyprus’ state-owned telecommunications provider Cyta reported a sharp rise in profits in 2025 and outlined an ambitious new round of infrastructure investments as it presented its 2026 budget to Parliament on Monday....
https://knews.kathimerini.com.cy/en/news/us-targets-iran-s-ruling-elite-with-travel-ban
The United States has moved to shut its doors to senior Iranian officials and their families, signaling a tougher stance against Tehran’s leadership as protests and human rights concerns continue to simmer inside Iran....
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/business/bank-of-cyprus-shares-surge-to-15-year-high
When the investment fund Lone Star Funds “courted” Bank of Cyprus in the summer of 2022, offering just under €2 per share, well above its market price at the time, it clearly saw potential. ...
https://knews.kathimerini.com.cy/en/news/turkish-cypriots-warned-of-scams-exploiting-republic-of-cyprus-citizenship-applications
Mehmet Birinci, a a prominent Turkish Cypriot politician, has issued a public warning to Turkish Cypriots, cautioning them against individuals attempting to profit from applications for Republic of Cyprus citizenship....
https://knews.kathimerini.com.cy/en/news/ceo-confidence-in-revenue-outlook-hits-five-year-low-–-as-ai-becomes-a-defining-divide-between-leaders-and-laggards-pwc-2026-global-ceo-survey
CEO confidence in their company’s revenue prospects has fallen to its lowest level in five years, as business leaders grapple with uneven returns from artificial intelligence, rising geopolitical risk, and intensifying cyber threats....
https://knews.kathimerini.com.cy/en/news/european-banks-poised-for-€30-billion-boost-in-interest-income
European banks are poised for a financial rebound, with net interest income expected to climb by roughly €30 billion over the next two years, analysts say, as loan growth and strategic hedging offset the drag from lower interest rates....
