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....
https://knews.kathimerini.com.cy/en/news/cyprus-tax-reform-2026-what-changed-and-what-stayed-the-same
On 22 December 2025, the House of Representatives approved a wide-ranging tax reform package, with most measures taking effect from 1 January 2026. It is not an incremental adjustment....
https://knews.kathimerini.com.cy/en/news/nearly-€200-000-in-assets-seized-after-major-drug-bust
Authorities have frozen assets worth almost €200,000 belonging to a 34-year-old man already facing serious drug charges, following a deepening financial probe into his activities....
https://knews.kathimerini.com.cy/en/news/more-tax-relief-for-families-tougher-rules-for-everyone-else
From January 1, 2026, Cyprus will officially turn the page on how it taxes income and businesses....
https://knews.kathimerini.com.cy/en/news/cyprus-politics-stall-the-cable-that-could-end-its-energy-isolation
The government and newly appointed Energy Minister Michalis Damianou will face a series of critical energy decisions in 2026 that will largely determine Cyprus’ energy future. ...
https://knews.kathimerini.com.cy/en/business/cypriot-banks-see-lower-profits-but-growing-assets-in-2025
Cyprus’s banking sector recorded a notable decline in profitability during the first nine months of 2025, even as its balance sheet continued to expand, according to the latest data released by the Central Bank of Cyprus....
https://knews.kathimerini.com.cy/en/news/december-newsletter-of-k-treppides-co-ltd-–-5-12-2025
A new issue is out from the newsletter by K. Treppides & Co Ltd, a leader in financial advisory and consulting services with offices in three countries....
https://knews.kathimerini.com.cy/en/comment/opinion/rage-as-a-business-model
As 2025 draws to a close, roughly ten technological behemoths, most based in the United States and some in the Far East, are not only widening the gap between the tiny share of the ultrarich and everyone else on the planet. ...
https://knews.kathimerini.com.cy/en/business/netflix-stuns-hollywood-with-$72-billion-bid-for-warner-bros
Netflix shocked Hollywood on Friday, announcing a $72 billion deal to buy Warner Bros. and HBO, a move that could fuse one of the biggest streamers with one of the most iconic studios in the world....
https://knews.kathimerini.com.cy/en/news/golden-passport-era-ends-but-debate-rages-on
The Cyprus House of Representatives has officially pulled the plug on the controversial Cyprus Investment Program (CIP), shutting down the government’s ability to hand out citizenship to investors and their families. ...
https://knews.kathimerini.com.cy/en/news/another-day-another-scam-as-paphos-woman-loses-€6-500-online
A 71-year-old woman in Paphos reported to police that she lost about €6,500 to an online investment scam posing as a government-backed platform....
https://knews.kathimerini.com.cy/en/news/new-bank-tax-could-ease-the-pinch-on-families-but-who-s-behind-it
A year after narrowly losing a vote in parliament, AKEL is back with a new proposal to impose an emergency tax on banks for 2025 and 2026, calling it a “solidarity levy” aimed at helping everyday Cypriots cope with rising costs....
https://knews.kathimerini.com.cy/en/news/cyprus–lebanon-deal-sets-new-legal-line-in-the-eastern-med-and-ankara-isn-t-loving-it
When Amos Hochstein, President Biden’s go-to envoy for tough Middle East negotiations, struck the Israel–Lebanon maritime deal in late 2022, in Nicosia of all places, a window suddenly opened. ...
https://knews.kathimerini.com.cy/en/comment/opinion/limassol-mayhem-lebanon-cheers-and-kids-get-a-say
Fans of AEL and Apollon came to blows, leaving chaos just a few hundred meters from Limassol’s Central Police Station. Our hooligans are evolving, much like Cyprus itself, and, apparently, only getting worse. ...
https://knews.kathimerini.com.cy/en/business/fitch-lifts-bank-of-cyprus-rating-citing-stronger-economy-and-cleaner-balance-sheet
Bank of Cyprus got a financial thumbs-up from Fitch Ratings on Wednesday, with the agency upgrading the bank’s long-term rating to ‘BBB’ from ‘BBB-’ and giving its Viability Rating the same bump....
https://knews.kathimerini.com.cy/en/news/ukraine-edges-toward-u-s-peace-deal-as-only-a-few-disagreements-remain
Ukraine says it has reached ''common understanding'' with the United States on nearly all major parts of Washington’s 28-point peace plan, signaling that Kyiv now disagrees with only a handful of issues as negotiations accelerate across multiple capitals....
https://knews.kathimerini.com.cy/en/news/he-thought-he-d-found-the-perfect-crypto-investment-but-was-scammed-out-of-€50-000
A resident of Larnaca has reported losing €50,000 to an online investment scam, according to a statement filed with the Larnaca CID’s Financial Crime Investigation Office....
https://knews.kathimerini.com.cy/en/business/cyprus-banks-rake-in-over-€750-million-even-as-rate-cuts-cool
Cyprus’ biggest banks are still posting hefty profits this year, even as the era of sky-high earnings seen in 2023 and 2024 begins to lose steam....
https://knews.kathimerini.com.cy/en/comment/opinion/when-ata-for-all-becomes-ata-for-no-one
And here we are. The government’s big promises and bold declarations over the Cost-of-Living Allowance (ATA) have officially run out of road. Remember when officials were preaching “ATA for all,” even pushing protesters to turn the slogan into rally signs? ...
https://knews.kathimerini.com.cy/en/business/greece-targets-cyprus-linked-mailbox-companies-for-tax-evasion
Greek tax authorities have launched a sweeping crackdown on thousands of businesses that have shifted their headquarters to Bulgaria, Romania and Cyprus while continuing to operate primarily in Greece....
https://knews.kathimerini.com.cy/en/comment/opinion/the-significance-of-the-p-tec-summit
The Partnership for Transatlantic Energy Cooperation (P-TEC) is a U.S. initiative coordinated by the Department of Energy. Its goal is to foster collaboration between Eastern European countries and the United States, focusing on energy security and the sustainability of infrastructure....
https://knews.kathimerini.com.cy/en/business/bank-of-cyprus-posts-€353-million-profit-in-2025-despite-lower-interest-income
Bank of Cyprus reported profits of €353 million for the first nine months of 2025, slightly below the €401 million earned in the same period last year but still showing solid results in a cooling economy....
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. ...
