https://knews.kathimerini.com.cy/en/business/cyprus-china-trade-surges-26-to-$1-44-billion-in-2025
Cyprus-China bilateral trade reached $1.44 billion in 2025, rising by 26% as both countries seek to expand cooperation in investment, technology, tourism and renewable energy. The Cyprus-China Cooperation and Entrepreneurship Forum in Nicosia brought together business leaders and local officials to explore new commercial partnerships....
https://knews.kathimerini.com.cy/en/news/three-cypriot-academics-named-among-world-s-top-2-of-scientists
Three academics at Neapolis University Pafos have been included in the 2026 edition of the World’s Top 2% Scientists list, with their research recognised across computer science, educational psychology and energy-efficient architecture....
https://knews.kathimerini.com.cy/en/news/averof-keeps-election-plans-unclear-puts-fuel-bills-in-the-spotlight
Averof Neofytou had plenty to say on Friday about what people are paying at the pump. On what he intends to do about the presidential election, the answer remained less clear....
https://knews.kathimerini.com.cy/en/business/cost-of-living-soars-as-nicosia-seeks-european-breathing-room
The energy crisis and rising living costs have forced governments to scramble to keep up with support measures for businesses and households. With external factors driving prices higher showing no signs of improvement and conditions instead getting worse, Cyprus is calling for countries with sound economic indicators to be given greater fiscal flexibility to provide financial support....
https://knews.kathimerini.com.cy/en/news/cheaper-energy-bills-need-better-infrastructure-keravnos-says
Finance Minister Makis Keravnos stressed the need for the Finance Ministry to assess the Great Sea Interconnector’s (GSI) feasibility study, while acknowledging the project’s geopolitical importance, during his presentation of the 2027 state budget to Parliament....
https://knews.kathimerini.com.cy/en/news/mitsotakis-cyprus-power-cable-can-proceed-without-giving-up-sovereign-rights
Greek Prime Minister Kyriakos Mitsotakis said Friday that the electricity cable linking Greece and Cyprus ''can and must proceed'' without concessions on Greece’s sovereign rights, backing a project with direct implications for the island’s energy supply....
https://knews.kathimerini.com.cy/en/news/cyprus-set-to-receive-€992-million-from-the-rrf
Sept. 18 marked Cyprus’ final step in submitting requests to the Recovery and Resilience Facility (RRF), with the last milestones submitted under the plan approved back in 2021....
https://knews.kathimerini.com.cy/en/news/trump-and-xi-put-on-a-show-but-their-rivalry-could-still-hit-your-pocket
The red carpet was rolled out, the military band was ready and the two first ladies stood neatly beside their husbands....
https://knews.kathimerini.com.cy/en/news/global-lng-prices-up-150-while-cyprus-terminal-remains-unfinished
Europe is scrambling to secure enough natural gas for winter, with global prices soaring as supplies from Qatar remain trapped behind one of the world’s most dangerous shipping bottlenecks....
https://knews.kathimerini.com.cy/en/diplomatica/china-and-cyprus-celebrate-a-friendship-built-across-the-miles
China and Cyprus may be separated by thousands of kilometers, but the message inside the Hilton Nicosia on Monday evening was simple: distance has not stopped the two countries from growing closer....
https://knews.kathimerini.com.cy/en/business/the-boc-fintech-hackathon-7-0-is-here-build-the-future
Bank of Cyprus is organizing the 7th Innovation Marathon for application development, BoC Fintech Hackathon 7.0, which focuses on implementing proposals and digital applications around Fintech, while also combining themes such as Social Innovation, Cybersecurity, and Smart Cities, using Artificial Intelligence, with the main goal of promoting entrepreneurship.
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https://knews.kathimerini.com.cy/en/news/erdogan-revives-threats-over-greek-islands-after-achilles-shield-agreement
Tensions between Greece and Turkey have returned to the forefront after Turkish President Recep Tayyip Erdogan issued fresh warnings over the militarisation of Greek islands, while Ankara also revived its objections concerning disputed areas in the Aegean....
https://knews.kathimerini.com.cy/en/business/€174-million-support-package-planned-to-shield-vulnerable-groups-from-energy-costs
Vulnerable households in Cyprus are set to receive €174 million in financial support between 2027 and 2032 as the government prepares for new European energy rules that are expected to increase fuel costs....
https://knews.kathimerini.com.cy/en/news/is-cyprus-backing-away-from-the-cable-meant-to-cut-electricity-bills
The agreement making French company Meridiam the majority shareholder in the company behind the Cyprus-Crete electricity interconnector has done nothing to ease the Cypriot government’s reservations about the project....
https://knews.kathimerini.com.cy/en/news/electricity-prices-are-solar-producers-really-buying-low-and-selling-high
The debate over the cost of electricity in Cyprus has focused attention on the price at which renewable energy is generated and sold, with claims that photovoltaic producers can generate electricity for as little as 7 or 8 cents per kilowatt-hour before selling it to the market for 25 or 30 cents....
https://knews.kathimerini.com.cy/en/news/cyprus-advances-€95-million-electricity-grid-upgrade-to-support-renewables
Cyprus is advancing a major programme to modernise key parts of its electricity network, aiming to prepare the grid for higher shares of renewable energy, energy storage and fewer instances of renewable generation being switched off....
https://knews.kathimerini.com.cy/en/news/cyprus-central-bank-could-get-a-german-style-shake-up
The Central Bank of Cyprus may soon be run rather differently, with a German-inspired governance model intended to spread responsibility beyond the governor’s office and modernize how one of the country’s most important institutions operates....
https://knews.kathimerini.com.cy/en/news/power-cuts-linked-to-telecom-fault-and-outage-in-occupied-areas
Power cuts across Cyprus on Friday were caused by a telecommunications failure that disrupted the transmission of production data from major photovoltaic parks to the Electricity Authority of Cyprus (EAC), according to EAC spokesperson Christina Papadopoulou....
https://knews.kathimerini.com.cy/en/news/cyprus-israel-power-link-moves-into-the-money-stage
Plans to connect the electricity grids of Cyprus and Israel are moving forward, with the company behind the Great Sea Interconnector taking the next formal step needed to get the project off the drawing board....
https://knews.kathimerini.com.cy/en/news/us-lawmakers-push-washington-to-back-power-cable-linking-island-to-europe
For households used to opening their electricity bills with one eye closed, an undersea cable promising to connect the island to Europe’s power grid sounds important, and a group of US lawmakers agrees....
https://knews.kathimerini.com.cy/en/comment/opinion/electricity-the-lost-opportunity
A healthy electricity market requires a sustainable electricity grid as basic infrastructure for the safe, reliable, and efficient operation of the system....
https://knews.kathimerini.com.cy/en/news/former-energy-minister-blames-eac-and-cera-for-cyprus-power-shortages
Speaking to Kathimerini Cyprus, the former Energy Minister notes that he expected far more political backing on energy matters, suggesting that his efforts to cap the sale price of renewable energy ruffled a few feathers....
https://knews.kathimerini.com.cy/en/news/applications-open-for-2026-residential-solar-water-heating-grant
Homeowners can now apply for government grants to install or replace solar water heating systems under the 2026 Residential Solar Water Heating Systems Grant Scheme, with funding available until 2,000 applications have been submitted across its two categories....
https://knews.kathimerini.com.cy/en/news/five-years-€1-billion-and-hundreds-of-projects-cyprus-closes-its-eu-recovery-chapter
The end of the summer marks the completion of Cyprus’ Recovery and Resilience Plan (RRP), effectively closing a five-year cycle of investments and reforms....
https://knews.kathimerini.com.cy/en/news/the-republic-of-cyprus-is-being-held-hostage-by-its-own-energy-crisis
Energy Minister Michalis Damianos recently advised citizens to remain patient while the Transmission System Operator Cyprus (TSOC) rolls out scheduled blackouts during heatwaves over 40 degrees Celsius. Unsurprisingly, these comments met with anger and outrage....
https://knews.kathimerini.com.cy/en/news/cyprus-expects-hundreds-of-megawatts-of-energy-storage-by-2027
Cyprus expects to have several hundred megawatts of electricity storage capacity connected to the grid by the end of 2027, according to Energy, Commerce and Industry Minister Michalis Damianos....
https://knews.kathimerini.com.cy/en/news/commission-approves-€120-million-recovery-fund-payment-for-cyprus
Cyprus is set to receive another €120 million after the European Commission approved the country's sixth payment request under the Recovery and Resilience Facility (RRF), the flagship funding programme of NextGenerationEU....
https://knews.kathimerini.com.cy/en/comment/opinion/when-you-re-paying-three-times-more
Cyprus has a small, remote and open economy built around services. Those services rely on electricity every hour of every day to operate without interruption. It is no exaggeration to say that affordable power is the oxygen of a service economy....
https://knews.kathimerini.com.cy/en/business/cyta-to-build-cyprus-largest-privately-owned-data-center-after-redmax-acquisition
Cyta is expanding its digital infrastructure with the acquisition of the RedMax data center in the Latsia Industrial Area, a project that will significantly increase its ability to deliver Cloud computing and equipment colocation services to customers in Cyprus and overseas....
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....