https://knews.kathimerini.com.cy/en/news/pwc-global-entertainment-media-outlook-global-entertainment-and-media-industry-revenues-to-hit-us$3-5-trillion-by-2029-driven-by-advertising-live-events-and-video-games
Advertising spend forecasted to grow three times as fast (6.1%) as E&M consumer spending (2%) – as AI set to transform advertising models and drive hyper-personalisation...
https://knews.kathimerini.com.cy/en/business/cyprus-unveils-€15-million-employment-schemes-targeting-women-and-over-50s
The Cypriot government will introduce three new employment schemes totaling €15 million to support women and individuals over 50, Labour and Social Insurance Minister Yiannis Panayiotou announced Tuesday....
https://knews.kathimerini.com.cy/en/news/cyprus-nears-entry-into-u-s-visa-waiver-program-after-resolving-key-technical-hurdles
Cyprus is one step closer to joining the U.S. Visa Waiver Program (VWP) after resolving critical technical issues related to system interconnection with U.S. authorities, according to officials familiar with the matter....
https://knews.kathimerini.com.cy/en/news/one-in-three-cypriot-residents-can-t-afford-a-week-long-holiday-abroad
Roughly one in three Cypriot residents (33.2%) aged 16 and older say they cannot afford a one-week holiday abroad, according to a recent Eurostat survey....
https://knews.kathimerini.com.cy/en/news/ready-to-drive-be-ready-to-wait
Aspiring drivers in Cyprus are facing extensive delays in obtaining their licenses, with waiting times stretching to over a year in some districts, according to the head of the Pancyprian Federation of Driving School Owners (POIEO)....
https://knews.kathimerini.com.cy/en/news/cyprus-to-deactivate-unregistered-prepaid-sim-cards-by-november-2025
The Office of the Commissioner of Electronic Communications and Postal Regulation (OCECPR) has announced that all prepaid SIM and eSIM card users in Cyprus must complete mandatory identification by Nov. 10, 2025, or face automatic deactivation of their mobile services....
https://knews.kathimerini.com.cy/en/news/eu-commission-targets-cyprus-and-others-countries-in-broad-legal-crackdown
The European Commission has initiated legal proceedings against several EU member states, including Cyprus, for failing to comply with a range of obligations under European Union law....
https://knews.kathimerini.com.cy/en/news/1-turkish-airline-to-launch-london–tymbou-route-via-istanbul-on-july-26
A Turkish airline is preparing to launch a new flight route that will connect London to the occupied north of Cyprus via Istanbul’s secondary airport, raising both eyebrows and questions on the island....
https://knews.kathimerini.com.cy/en/news/measles-surges-in-europe-and-the-u-s-is-cyprus-next
A disease that many thought was gone for good is making an alarming return. Measles, a highly contagious virus once considered nearly eradicated in developed countries, is back with a vengeance in both the United States and Europe....
https://knews.kathimerini.com.cy/en/business/cyprus-banks-are-merging-and-here-s-what-that-means-for-you
Cyprus is heading toward a major financial facelift, with a wave of mergers and acquisitions already in motion and expected to accelerate by the end of 2025. Sirens may have marked a different kind of Tuesday morning in Nicosia, but in the banking world, the alarm bells signal transformation....
https://knews.kathimerini.com.cy/en/comment/opinion/reducing-the-cost-of-living-through-digital-solutions
Life is becoming increasingly difficult for households today. The gap between those who are financially comfortable and those struggling to make ends meet on their wages has widened significantly. ...
https://knews.kathimerini.com.cy/en/business/deposit-rates-fall-for-households-and-businesses-while-mortgage-rates-climb
Average interest rates on deposits from households and businesses in Cyprus declined in May compared to April, while average mortgage rates edged higher, according to data released Thursday by the Central Bank of Cyprus....
https://knews.kathimerini.com.cy/en/news/study-links-common-antibiotic-during-pregnancy-to-increased-birth-defect-risk
A commonly prescribed antibiotic for urinary tract infections (UTIs) in pregnant women may raise the likelihood of serious birth defects, according to new research by American scientists....
https://knews.kathimerini.com.cy/en/business/cypriot-businesses-go-greener-as-hundreds-certified-in-nationwide-esg-initiative
Nearly 1,000 Cypriot businesses have joined a nationwide push toward sustainability, with two-thirds already certified under Environmental, Social, and Governance (ESG) standards, marking the first-year results of a collaborative interbank initiative aimed at promoting responsible business practices....
https://knews.kathimerini.com.cy/en/comment/opinion/one-in-four-students-leaves-primary-school-with-critically-low-skills
The dust has long settled on the issue. After a period of obsessive opposition and a kind of cat-and-mouse resistance to the now-infamous ''quarterly exams,'' the government ultimately gave in to public pressure. ...
https://knews.kathimerini.com.cy/en/business/june-newsletter-of-k-treppides-co-ltd-–-20-06-2025
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/news/cyprus-opens-electricity-market-to-competition-on-october-1st
Cyprus is preparing to open its long-awaited competitive electricity market, with officials hopeful the move will finally bring down energy costs for households and businesses....
https://knews.kathimerini.com.cy/en/business/swiss-central-bank-slashes-interest-rates-to-0-to-fight-soaring-franc-and-deflation
In a surprise move, Switzerland’s central bank has slashed interest rates to zero, aiming to counter falling prices and slow the rapid rise of the Swiss franc, which has been drawing heavy investment as a safe-haven currency during global economic uncertainty....
https://knews.kathimerini.com.cy/en/business/prostate-cancer-on-the-rise-among-men-in-cyprus
Prostate cancer is on the rise in Cyprus, with nearly 10,000 men diagnosed over the past two decades, according to figures released by the Cyprus Cancer Archive....
https://knews.kathimerini.com.cy/en/business/ecb-poised-for-fall-rate-decision-as-growth-tariffs-and-inflation-weigh-in
The European Central Bank will reassess its interest rate policy this fall, weighing whether additional cuts are necessary after a recent series of reductions brought its main rate to 2%, with inflation easing to 1.9%....
https://knews.kathimerini.com.cy/en/news/cypriots-brace-for-impact-as-fuel-prices-set-to-jump-after-mideast-strikes
Drivers in Cyprus may soon feel a serious pinch at the pump, as fuel prices are expected to rise significantly in the coming days following Israel’s military strike on Iran and the resulting spike in global oil prices....
https://knews.kathimerini.com.cy/en/news/israel-strikes-iran-s-nuclear-sites-cyprus-watches-uneasily
In a dramatic and potentially destabilizing turn for the Middle East, Israel launched a large-scale military operation inside Iran early Friday morning, striking nuclear and military sites and killing several of Tehran’s top commanders and scientists....
https://knews.kathimerini.com.cy/en/business/keravnos-takes-gratuity-tax-exemption-proposal-to-cabinet-opposes-one-size-calculation
Finance Minister Makis Keravnos on Wednesday signaled support for a proposal to exempt from taxation a 15% gratuity granted to officials, but said the measure still requires Cabinet approval....
https://knews.kathimerini.com.cy/en/business/eac-now-requests-3-hike-sparing-consumers-steeper-7-5-increase
Consumers in Cyprus may soon see a 3% rise in their electricity bills, after the Electricity Authority of Cyprus (EAC) announced Tuesday it will request a modest rate increase from the Cyprus Energy Regulatory Authority (CERA)....
https://knews.kathimerini.com.cy/en/business/boc-eyes-bigger-role-in-your-financial-future
Beyond its moves into the insurance sector, Bank of Cyprus is actively exploring additional ways to increase the bank’s overall value. ...
https://knews.kathimerini.com.cy/en/news/from-the-mekong-to-the-med-how-cyprus-and-cambodia-are-crafting-a-new-global-alliance
In an exclusive with His Excellency Salah Essa, Honorary Consul of Cyprus to Cambodia, we uncover how two countries, thousands of kilometers apart, are finding common ground in trade, tourism, and cultural exchange. ...
https://knews.kathimerini.com.cy/en/news/despite-ahk-chief-s-assurances-technocrats-push-for-higher-power-rate-hike
Even though the chairman of the Electricity Authority of Cyprus (AHK), Giorgos Petrou, recently stated that the AHK would be requesting only a modest 3% electricity price hike, the utility’s technocrats are still pushing for an increase of up to 7.5% before VAT....
https://knews.kathimerini.com.cy/en/comment/opinion/they-hung-annita-out-to-dry
What can one say about highways, marinas, ports, and other major projects that either never finish or, when they do, cost multiples and are riddled with unbelievable delays that are never properly accounted for?...
https://knews.kathimerini.com.cy/en/business/thousands-see-cheaper-monthly-payments-as-boc-lowers-loan-rates
Cyprus homeowners and businesses, take note: your loan payments might be about to shrink....
https://knews.kathimerini.com.cy/en/news/imf-and-eu-to-cyprus-cool-it-on-the-pay-rises-you-re-not-made-of-money
Cyprus may be riding high on economic growth, but the message from international watchdogs this week is blunt: slow down the spending, especially on public salaries, or risk unraveling the progress....
