https://knews.kathimerini.com.cy/en/news/the-cypriot-national-guard-is-going-green
The Electricity Authority of Cyprus (EAC) and the Ministry of Defence have signed a major energy agreement to replace thousands of outdated streetlights across the island's military bases....
https://knews.kathimerini.com.cy/en/news/eu-launches-five-major-joint-defence-projects-to-counter-fragmented-military-spending
The European Union has launched five massive, multi-billion-euro military initiatives in a coordinated effort to force member states out of their habit of buying weapons independently....
https://knews.kathimerini.com.cy/en/business/cypriot-business-pioneer-nikos-shacolas-passes-away-at-98
Nikos K. Shacolas, one of the most prominent and visionary figures in the Cypriot business community, has passed away at the age of 98. His death was announced on Thursday morning by the CTC Group, the conglomerate he founded and led for decades....
https://knews.kathimerini.com.cy/en/news/permanent-military-positions-for-contract-soldiers-increase-by-60
The Ministry of Defence will grant permanent status to 400 contract professional soldiers (SYOP), expanding the intake from an originally planned 250 positions....
https://knews.kathimerini.com.cy/en/news/cyprus-ports-authority-unveils-415-million-euro-roadmap-for-larnaca-waterfront
The Cyprus Ports Authority has unveiled a €415 million roadmap to revamp the Larnaca port and marina, setting a course that stretches to 2045....
https://knews.kathimerini.com.cy/en/business/vasilikos-project-delays-leave-cyprus-facing-grid-instability-and-potential-blackouts-by-2030
Lawmakers voiced heavy criticism over the state’s handling of the island’s energy strategy on Thursday, warning that severe electricity deficits could hit Cyprus by the end of the decade if alternatives to the stalled Vasilikos liquefied natural gas (LNG) terminal are not secured....
https://knews.kathimerini.com.cy/en/business/business-lending-loses-momentum-because-of-the-middle-east-conflict
Bank lending in Cyprus had been on a strong upward trend for the past year and a half, but the war involving the United States, Israel, and Iran brought that pace to a stop. As a result, forecasts of slower credit growth were confirmed in March, even though Cyprus continues to perform well economically....
https://knews.kathimerini.com.cy/en/business/cyprus-picks-up-investment-momentum
Cyprus is maintaining a strong grip on investment interest, primarily due to its strategic geographic location, its well-developed professional services sector, and the attractive business environment it has built....
https://knews.kathimerini.com.cy/en/news/ireland-s-eu-presidency-set-to-cost-more-than-three-times-cyprus
Ireland is preparing for one of the most expensive Presidencies of the Council of the European Union in recent years, with estimated spending approaching €293 million. ...
https://knews.kathimerini.com.cy/en/business/cyprus-climbs-the-global-competitiveness-rankings
Cyprus' economy is showing encouraging progress in competitiveness, ranking 42nd out of 70 economies in this year's IMD World Competitiveness Yearbook. The country improved by two places compared with last year, climbing from 44th in 2025....
https://knews.kathimerini.com.cy/en/news/energy-expert-claims-renewable-cartel-is-profiting-warns-of-fragile-supply
A summer of high electricity demand is renewing attention on Cyprus' ability to maintain a stable power supply, despite temperatures remaining within seasonal averages during the opening weeks of the season....
https://knews.kathimerini.com.cy/en/news/80-of-cyprus-drinking-water-now-comes-from-desalination
For most people in Cyprus, turning on the tap and expecting water to flow is something they rarely think about. But after years of drought concerns and fears of water cuts, the government says the island is moving closer to a future where households won't have to worry about running dry....
https://knews.kathimerini.com.cy/en/news/guterres-pushes-for-cyprus-breakthrough-before-his-un-term-ends
Intense diplomatic activity behind the scenes shows UN Secretary-General Antonio Guterres pushing hard for the resumption of talks before the end of his term in late 2026, even promoting a specific formula aimed at breaking the long-standing deadlock....
https://knews.kathimerini.com.cy/en/news/when-the-numbers-look-good-but-life-doesn-t-feel-it
Cyprus has been recording economic growth rates in recent years that would make even some of Europe’s strongest economies take notice....
https://knews.kathimerini.com.cy/en/news/trump-s-overtures-to-ankara-over-f-35s-and-kaan-engines
Since Donald Trump's return to the White House, Turkish President Recep Tayyip Erdoğan has been working to take advantage of his direct personal relationship with the U.S. president....
https://knews.kathimerini.com.cy/en/life/finally-a-place-built-for-them-cyprus-plans-first-specialist-day-center-for-adults-with-severe-autism
A long-awaited specialized day care center for adults with severe autism is moving a step closer in Cyprus after an architectural competition for the project attracted strong interest and selected eight standout designs from 37 submissions....
https://knews.kathimerini.com.cy/en/business/built-to-be-celebrated-parkside-celebrates-its-30th-anniversary
A milestone for PARKSIDE: The brand is celebrating its 30th anniversary in 2026. What started in 1996 has developed into Europe's best-selling DIY brand three decades later. Under the anniversary motto "BUILT TO BE CELEBRATED!", the brand looks back on an unprecedented history of growth....
https://knews.kathimerini.com.cy/en/news/cyprus-installs-first-big-battery-systems-to-cut-solar-power-cuts
The signing of contracts for Cyprus’ first central electricity storage systems marks a major step toward reducing the solar energy that is currently being wasted from both residential and commercial photovoltaic systems....
https://knews.kathimerini.com.cy/en/news/cyprus-finally-finds-a-way-to-stop-wasting-its-solar-energy
Cyprus is set to take a major step toward solving one of its most frustrating energy problems, the fact that a large share of solar power produced on sunny days simply goes to waste because the grid cannot absorb it....
https://knews.kathimerini.com.cy/en/news/energy-projects-stuck-in-limbo-due-to-political-interference-minister-says
The presence of Energy Minister Giorgos Papanastasiou at this year’s Green Agenda forum, and what he revealed about the de facto framework governing major public contracts, understandably caused a stir. ...
https://knews.kathimerini.com.cy/en/business/cyprus-discusses-project-kuiper-and-cybersecurity-cooperation-with-amazon
A meeting between President of the Republic Nikos Christodoulides and Amazon Vice President Panos Panay took place in a positive and productive atmosphere, opening new possibilities for cooperation between Cyprus and the global technology company....
https://knews.kathimerini.com.cy/en/business/cyprus-receives-first-€177-million-payment-under-eu-defence-fund
Cyprus has received an initial €177.2 million payment from the European Union through the Security Action for Europe (SAFE) defence funding programme, marking the first tranche of financial support allocated to the country under the scheme....
https://knews.kathimerini.com.cy/en/business/critical-raw-materials-moving-to-the-centre-of-europe-s-strategic-agenda
Critical raw materials have moved from being a specialised industrial topic to one of the defining economic and strategic issues facing Europe today....
https://knews.kathimerini.com.cy/en/news/christodoulides-says-cyprus-talks-should-build-on-common-ground-not-start-from-scratch
Almost a decade after Crans-Montana, the Cyprus issue appears to be returning to the center of political developments. Whether this activity will lead to meaningful progress or simply add another chapter to a long history of unmet expectations remains the key question....
https://knews.kathimerini.com.cy/en/news/school-area-road-barriers-removed-after-criticism-in-limassol
The Municipality of Limassol has removed a series of bollards installed on Thekla Lysioti Street following public complaints and ongoing discussions over the implementation of transport projects in the city....
https://knews.kathimerini.com.cy/en/news/€125m-road-shock-paphos–polis-project-faces-€50m-cost-jump-and-uncertain-future
Any hopes that the Paphos–Polis Chrysochous road project would get back on track have now faded following the opening of new tenders, which have driven the cost sharply upward. The lowest bid submitted has pushed the price of the project to €124,850,000 (excluding VAT), up from the €73 million plus VAT for which the contract had originally been awarded to the Greek construction company INTRAKAT....
https://knews.kathimerini.com.cy/en/news/eu-investment-bank-restarts-funding-to-turkey-after-7-year-freeze
The return of the European Investment Bank (EIB) to Turkey was officially sealed on June 10, marking the revival of new development projects in the country after a seven-year hiatus....
https://knews.kathimerini.com.cy/en/news/government-opens-its-record-to-public-scrutiny-through-online-platform
President Nikos Christodoulides has invited the public to use the government's online monitoring platform, diakivernisi.gov.cy, as a tool for tracking the implementation of state policies and assessing the administration's performance....
https://knews.kathimerini.com.cy/en/news/storing-the-sun-how-underwater-energy-storage-could-cut-cyprus-electricity-bills
BaroMar CEO Yonadav Buber spoke with Kathimerini about the company’s first pilot underwater energy storage project in Cyprus and how the technology could help bring down electricity prices....
https://knews.kathimerini.com.cy/en/news/cyprus-energy-gamble-enters-a-new-phase-with-us-greece-and-israel-partnership
As wars, political tensions, and concerns over energy security reshape the global landscape, Cyprus is positioning itself not simply as a small island importing fuel but as a potential energy player connecting the Eastern Mediterranean with Europe....
